tomo logo

$1,190,000

Beds
3
Baths
2.5
sq ft
3,460

5615 NW 75th Ave, Ocala, FL 34482

5615 NW 75th Ave

OCALA, FL 34482

  • <1 day on market
Perched on one of the highest lots in Marion County, this home sits 85 ft above highway 225A and has a mile long vista of horse farms. This custom designed residence seamlessly combines 3460 SF of air-conditioned living area with 2741 SF of outdoor living space bestowing the owners 4-seasons of enjoyment of Florida weather. The 3-bedroom, plus office, 2.5-bath layout is adorned with plantation shutters and tile floors throughout, providing an easy-care lifestyle. Upon entering the 30'x25'-great room, you'll be captivated by the expansive view created by the wall of windows overlooking the pool, patio and horse farms. The room features a high granite wall with a wood-burning fireplace, ceiling fans, and a convenient wet bar with an ice-maker all crowned by the vaulted ceilings; an entertainers delight. The kitchen with eat-in area, is 14' x 27', and showcases granite counters, cherry cabinets galore, and newer Kitchen-Aid appliances. A skylight brightens the large country sink and work area. The butler’s pantry with a microwave oven, warming drawer and second large sink, tops off a true chef's dream. The elegant chandelier lit dining room, spanning 21' x 14', has ample room for a large dining table plus display cabinets and sideboard. The owner’s wing combines all your daily needs. The 20' x 20'-bedroom is brightened by another wall of windows. The 12' x 19' office has 2 walls of built-in cabinets. The bath has a walk-in shower, a jacuzzi tub with sky light for star gazing and lots of cherry cabinets. The 6'x13' laundry has a sink, storage cabinets and recessed ironing board. The two tiered and screened lanai, spans approx. 50' x 40' and is a luxurious outdoor oasis for relaxation and entertainment. The upper level is roofed and tiled like the great room and capped with ceiling fans. The lower level has an in-ground pool surrounded by pavers and sports a gurgling stone waterfall. For those who enjoy dining al fresco, there is another patio nestled under huge oak trees and adorned with hanging lights. The guest wing offers a 12’ x 12' and a 12' x 13' bedroom, both feature ceiling fans and large closets. The 2-car garage includes a third overhead door for a golf cart and a generous workshop area. This residence has a new septic system, drain field and lift station. This one-of-a-kind residence is a masterpiece that combines luxurious living and rare breathtaking views overlooking Millionaires' Row.

Details

Property type

Single Family Residence

Est. home value

$712,051

Lot size

0.64 acres

Price per sq ft

$344

Year built

1981

Annual property taxes

$5,636.82

Monthly HOA fee

$16.67

Price History

09/19/2024
StellarMLS

StellarMLS #OM684843

Listed
$1,190,000
+213.16%
08/04/2016
StellarMLS

StellarMLS #OM440173

Sold
$380,000
-39.97%
09/15/2006
StellarMLS

StellarMLS #OM236891

Sold
$633,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

Nations Lending Corp

Loan start date

August 2016

Original loan amount

$555,000

Est. remaining balance

Not provided

Interest rate

3.56%

Loan type

Reverse Mortgage (Home Equity Conversion Mortgage)

Seller

Olivia Joy David

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: Active

Tomo last checked: 09/19/2024 at 5:20 PM

Listing updated: 09/19/2024 at 3:31 PM

Listed by: Jolene Micilcavage, OCALA BROKERS & ASSOCIATES Phone #: (352) 812-7238

MLS: StellarMLS #OM684843

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