tomo logo

$279,500

Beds
3
Baths
2.0
sq ft
1,405

5545 NW 40th Loop, Ocala, FL 34482

5545 NW 40th Loop

OCALA, FL 34482

  • 129 days on market
    • Price drop $16,500↓
MOTIVATED SELLER !!!!! NO CDD!!! This could be your next Investment property! This property can be leased if longer than 3 months at a time. With The World Equestrian Center just minutes away, you could easily market to the Equestrian circuit. Ocala Preserve is close to 1-75 for an easy job commute. Take advantage of our Distribution Industry. Many families are transferred for new jobs and may want to rent before buying. Ocala Preserve has all the perks and the location cannot be beat! WELCOME HOME! IMMERSE YOURSELF IN A PRIVATE OASIS WITH ACCESS TO EXCLUSIVE WALKING, HIKING, AND BIKING TRAILS, ALONG WITH FLAWLESS TENNIS AND PICKLEBALL COURTS. TAKE A REFRESHING DIP IN THE OPULENT RESORT-STYLE POOL, DINE AT THE UPSCALE ON-SITE RESTAURANT, AND REJUVENATE AT THE ELITE ATHLETIC CENTER. THE GOLF CLUB CLUBHOUSE, LAVISH DAY SPA, AND DOG PARK MAKE WAY FOR UNPARALLELED RELAXATION. GATHER WITH FRIENDS FOR A GAME OF RAQUETBALL, PICKLEBALL OR TENNIS. GLIDE ALONG THE TRANQUIL LAKE IN A KAYAK AT SUNRISE, UNWIND WITH A GLASS OF WINE ON THE LAVISH VERANDA, OR INDULGE IN A GOURMET MEAL AT THE EXQUISITE SALT & BRICK RESTAURANT. EXPERIENCE THE EPITOME OF LUXERY LIVING AT OCALA PRESERVE. INTRODUCING YOUR BRAND-NEW-TO-YOU RESIDENCE, CONSTRUCTED IN 2022. THIS BOWMAN MODEL BOASTS 3 BEDROOMS, 2 BATHROOMS, AND 2 CAR GARAGE. THE HOME HAS BEEN ENHANCED WITH STYLISH TILE FLOORING THROUGHOUT. THE KITCHEN FEATURES A GENEROUS ISLAND AND TWO-TONE CABINETS, IDEAL FOR BOTH MEAL PREPARATION AND RELAXING DINING. DESIGNED FOR SEAMLESS CONNECTION BETWEEN THE LIVING AND DINING AREAS, THIS HOME COMES EQUIPPED WITH A SMART HOME TECHNOLOGY PACKAGE. EACH BEDROOM IS EQUIPPED WITH A CEILING FAN, AND THE RESIDENCE INCLUDES GRANITE COUNTERTOPS AND A SOFT WATER FILTRATION SYSTEM. ENJOY THE PRIVACY PROVIDED BY THE BACKYARD'S PRIVACY WALL, WITH ONE SIDE ALREADY FENCED AND THE OPTION TO ADD FENCING TO THE OTHER SIDE AS DESIRED. OPEN LANAI AND ELECTRIC GARAGE DOOR OPENER. MINUTES FROM WORLD EQUESTRIAN CENTER, SHOPPING AND MORE. RAINBOW RIVER IS ABOUT 30 MINUTES AWAY. YOU ARE WITHIN AN HOUR AND HALF TO 2 HOURS OF MOST BEACHES. SCHEDULE YOUR PRIVATE TOUR TODAY! PROPERTY HAS A SURVEY THAT YOU MAY BE ABLE TO USE.

Details

Property type

Single Family Residence

Est. home value

$297,704

Lot size

5,227 sq ft

Price per sq ft

$199

Year built

2022

Annual property taxes

$3,380.54

Monthly HOA fee

$527.88

Price History

09/19/2024
StellarMLS

StellarMLS #OM683775

Price change
$279,500
-5.57%
09/06/2024
StellarMLS

StellarMLS #OM683775

Price change
$296,000
-2.89%
08/16/2024
StellarMLS

StellarMLS #OM683775

Listed
$304,800
-0.12%

Schools & Community

Elementary school: 

Fessenden Elementary School

Middle school: 

Howard Middle School

High school: 

West Port High School

Community features: 

Gated, Clubhouse, Fitness Center, Golf, Park, Pool, Racquetball, Restaurant, Sidewalks, 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

$59,235
Asking price
$279,500
Closing costs (~8% of asking)
-$22,360
Est. remaining loan balance
-$197,905
Cash to seller
$59,235

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

Seller’s Loan History

Lender

Dhi Mortgage Company Ltd

Loan start date

July 2022

Original loan amount

$205,165

Est. remaining balance

$197,905

Interest rate

5.25%

Loan type

VA, 30 year

Seller

James Alan Hutton and Susan Bridgit Hutton

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: Active

Tomo last checked: 12/23/2024 at 12:30 AM

Listing updated: 11/14/2024 at 3:18 PM

Listed by: Tamara Tucker, KELLER WILLIAMS CORNERSTONE RE Phone #: (352) 369-4044

MLS: StellarMLS #OM683775

StellarMLS logo

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