tomo logo

$314,900

Beds
2
Baths
2.0
sq ft
1,468

5520 NW 18th St, Ocala, FL 34482

5520 NW 18th St

OCALA, FL 34482

  • Pending
    • Price drop $5,000↓
Under contract-accepting backup offers. MOTIVAT!ED SELLER! DONT MISS THIS FULLY UPDATED, FENCED BACKYARD, 2-bedroom, 2-bathroom home in one of the area's most sought-after 55+ gated communities. Ease into this meticulously kept, fully remodeled home in Ocala Palms. From the newly updated gourmet kitchen to the newer LVP flooring, this house is perfect in every way. Foodies will love the flow of the cooking spaces blending into the well appointed living room and screened lani overlooking your own swimming pool. This home features high end appliances, custom cabinetry and plenty of prep room with the solid surface, stone counters. Embrace the tranquility of your FENCED IN backyard/ wooded oasis WITH NO REAR NEIGHBORS! Relax by the pool while having a quiet beverage and watch the squirrels and birds settle down for the evening. This area of Florida is special. Not only is it high and dry but just close enough to the coast to be accessible. Kayaking, fishing and boating are just a few miles away, close but not too close! All this and still only 15 minutes from about any retail shopping and medical care you could want and the World Equestrian Center! Make this dream home your reality! ROOF 2014, HVAC 2014, HOT WATER HEATER 2019. Call Charles for showing. Contact info in realtor remarks.

Details

Property type

Single Family Residence

Est. home value

$281,894

Lot size

8,712 sq ft

Price per sq ft

$215

Year built

2001

Annual property taxes

$2,227.74

Monthly HOA fee

$278.9

Price History

03/24/2025
StellarMLS

StellarMLS #G5091933

Pending
$314,900
03/12/2025
StellarMLS

StellarMLS #G5091933

Price change
$314,900
-1.56%
01/25/2025
StellarMLS

StellarMLS #G5091933

Price change
$319,900
-90%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, Golf, Pool, Restaurant, Tennis Court(s)

Senior community center: 

Yes

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$123,680
Asking price
$314,900
Closing costs (~8% of asking)
-$25,192
Est. remaining loan balance
-$166,028
Cash to seller
$123,680

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Rp Funding Inc

Loan start date

January 2022

Original loan amount

$178,000

Est. remaining balance

$166,028

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Linda Clay and Lon Van Dyke

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Pending/Under Contract

Tomo last checked: 04/03/2025 at 8:40 AM

Listing updated: 03/25/2025 at 1:17 PM

Listed by: Linda Bega, LANDMARK REALTY Phone #: (352) 726-5263

MLS: StellarMLS #G5091933

StellarMLS logo

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