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$2,089,779Estimated home value

Beds
5
Baths
6.5
sq ft
7,434

5526 SW 7th Avenue Rd, Ocala, FL 34471

5526 SW 7th Avenue Rd

OCALA, FL 34471

  • Off market
    • Price drop $152,550↓
Private, elegant living on 8+/- acres, perfect for the quiet enjoyment. Driving up the tree-lined drive, your eyes are drawn to this magnificent two-story 5-bedroom, 6.5-bath brick estate. The majestic foyer welcomes you and your guests to the formal dining room, office and two story high formal living room with built-in shelving and fireplace. Impressive estate with lake front views. The office features built-in bookcases and hardwood floors. The kitchen features granite countertops, a center island with a cooktop, a raised counter seating area, plus a breakfast nook and is open to the family room which serves as the hub of the family gathering area. The main floor also includes the generous owner suite with luxurious bath. Upstairs are three en-suite bedrooms and a large bonus room perfect for game room or media area. Your guests will enjoy the private-spacious guest accommodations, which include the morning kitchen, breakfast nook, plus large sitting area. Enjoy your evenings in the screen-enclosed lanai with a pool, jacuzzi, and summer kitchen while watching the beautiful sunsets over the pond and the bass rolling over in the distance A tennis/pickle ball court, gazebo and the beautiful Grandaddy Oaks add to the uniqueness and privacy of this estate. Just minutes to all the city conveniences. Room Feature: Linen Closet In Bath (Primary Bedroom).

Details

Property type

Single Family Residence

Est. home value

$2,089,779

Lot size

8.0 acres

Price per sq ft

$288

Year built

1996

Annual property taxes

$13,045.75

Price History

09/06/2024
StellarMLS

StellarMLS #OM664587

Removed
$2,137,450
07/23/2024
StellarMLS

StellarMLS #OM664587

Price change
$2,137,450
-6.66%
09/15/2023
StellarMLS

StellarMLS #OM664587

Listed
$2,290,000

Schools & Community

Elementary school: 

Shady Hill Elementary School

Middle school: 

Liberty Middle School

High school: 

West Port High School

Seller’s Loan History

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

Lender

Amsouth Bank

Loan start date

April 2005

Original loan amount

$300,000

Est. remaining balance

Not provided

Interest rate

5.05%

Loan type

Credit Line (Revolving), 20 year

Seller

Sooyoung Chung and Myung S Chung

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?

Status: Off Market

Tomo last checked: 10/07/2024 at 10:35 AM

Listing updated: 07/23/2024 at 3:04 PM

Listed by: Joan Pletcher, JOAN PLETCHER Phone #: (352) 804-8989

MLS: StellarMLS #OM664587

StellarMLS logo

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