tomo logo

$720,000

Beds
3
Baths
2.0
sq ft
2,284

8 SE Ocale Way, Summerfield, FL 34491

8 SE Ocale Way

SUMMERFIELD, FL 34491

  • 59 days on market
    • Price drop $5,000↓
Discover Lakeside Tranquility and Florida Charm Nestled on a generous 0.51-acre lot in the heart of Summerfield, FL, this enchanting 3-bedroom, 2-bathroom retreat offers both the beauty of Florida's natural landscape and the serenity of lakeside living. Centrally located between the vibrant Ocala and The Villages, this home is truly a hidden gem. With over 2,284 square feet of living space, its inviting and spacious layout is designed to showcase breathtaking views of Bird Island through an expansive wall of windows off the sunroom. This home perfectly blends indoor comfort with the peaceful zen of outdoor relaxation. The enclosed in-ground pool, set within a meticulously maintained patio, provides the ideal spot for unwinding or hosting guests, all while soaking in the tranquility of the surrounding nature. Bird Island, a birdwatcher's haven, is home to countless species, offering endless opportunities to enjoy your morning coffee while watching the birds. From your own backyard, you’ll be treated to stunning views of Lake Weir, complete with private docks for boating, fishing, or simply savoring the beauty of peaceful waterside sunsets. Ready to try your luck fishing for Lake Weir’s popular largemouth bass, bluegill, or catfish? Ask about the 2018 Bennington—it could be yours too! The 3-car garage offers ample space, with one bay thoughtfully converted into a flexible room - perfect for a home office, cozy den, or a personalized “man cave” or craft room. The fenced backyard, cozy fireplace, and modern updates - including a newer HVAC system - add both charm and convenience to this lakeside retreat. With a perfect balance of seclusion and easy access to nearby amenities, this property is more than just a home - it’s an escape where nature meets comfort in one of Summerfield’s most sought-after locations.

Details

Property type

Single Family Residence

Est. home value

$428,438

Lot size

0.51 acres

Price per sq ft

$316

Year built

1974

Annual property taxes

$3,418

HOA

No

Price History

11/12/2024
StellarMLS

StellarMLS #G5087274

Price change
$720,000
-0.69%
09/24/2024
StellarMLS

StellarMLS #G5087274

Listed
$725,000
+294.56%
07/16/2014
StellarMLS

StellarMLS #OM407413

Sold
$183,750

Schools & Community

Elementary school: 

Harbour View Elementary School

Middle school: 

Lake Weir Middle School

High school: 

Lake Weir High School

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

$464,437
Asking price
$720,000
Closing costs (~8% of asking)
-$57,600
Est. remaining loan balance
-$197,963
Cash to seller
$464,437

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

Seller’s Loan History

Lender

Peoples Bank

Loan start date

July 2015

Original loan amount

$247,000

Est. remaining balance

$197,963

Interest rate

3.87%

Loan type

New Conventional, 30 year

Seller

Teresa Mcpherson and Scott Mcpherson

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: 11/22/2024 at 4:50 PM

Listing updated: 11/12/2024 at 5:24 PM

Listed by: Eileen Scates, SCATES REALTY & INVESTMENT PRO Phone #: (352) 404-8960

MLS: StellarMLS #G5087274

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Recently listed in SUMMERFIELD