tomo logo

$667,900

Beds
4
Baths
3.0
sq ft
2,448

8585 W Hwy 318, Reddick, FL 32686

8585 W Hwy 318

REDDICK, FL 32686

  • 53 days on market
    • Price drop $31,100↓
    • Open house Sep 21
NEW PRICE! Nestled in the serene countryside of NW Marion County, this charming property presents a rare opportunity for those seeking a peaceful retreat with modern conveniences. Boasting 4 bedrooms and 3 full baths, this spacious pool home is situated on a sprawling 3.92 - acre parcel zoned A1, offering ample space for both relaxation and recreational pursuits. The property is a haven for nature lovers, adorned with majestic granddaddy oaks that provide a picturesque driveway. Equipped with one small paddock and board fencing, the property is currently set up for a small pony, donkey, mini, etc. Zoned for horses this property also offers a unique opportunity for animal lovers. The screened pool, refurbished in 2019, beckons for lazy days spent under the sun, while a convenient storage building with a ramp provides easy access for equipment. New roof installed in 2024 ensures peace of mind for the future, while a large irrigation system in the backyard caters to those who may want to plant their own gardens. Step inside to discover a well- appointed kitchen featuring upgraded appliances, including a convection oven with air-fryer and a refrigerator with two ice-makers all set against the backdrop of elegant counter tops. The hybrid Rheem hot water heat pump installed in 2020 ensures energy efficient comfort and plenty of hot water, while the interior has been freshly repainted in 2024 exuding a sense of modernity and style. Additional features include composite ceilings in the back lanai and front porch installed in 2015. High-speed Windstream internet, DISH TV, Duke electric services ensure seamless connectivity and entertainment options for residents. Conveniently located halfway between Gainesville and Ocala , this idyllic property offers a perfect balance of rural tranquility and urban accessibility. Whether you're looking for a peaceful countryside retreat or a welcoming homestead , this property is ready for new owners to create lasting memories.

Details

Property type

Single Family Residence

Est. home value

$612,833

Lot size

3.92 acres

Price per sq ft

$273

Year built

2002

Annual property taxes

$3,050.41

HOA

No

Price History

09/09/2024
StellarMLS

StellarMLS #OM681793

Price change
$667,900
-4.45%
07/29/2024
StellarMLS

StellarMLS #OM681793

Listed
$699,000
+112.46%
11/19/2004
StellarMLS

StellarMLS #OM159074

Sold
$329,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

North Marion Middle School

High school: 

North Marion 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

$344,306
Asking price
$667,900
Closing costs (~8% of asking)
-$53,432
Est. remaining loan balance
-$270,162
Cash to seller
$344,306

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2023

Original loan amount

$275,000

Est. remaining balance

$270,162

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Karen E Courchaine and Robert Pepper

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: 09/19/2024 at 11:50 PM

Listing updated: 09/13/2024 at 12:41 PM

Listed by: Carla Lord, OCALA HOMES AND FARMS Phone #: (352) 390-6009

MLS: StellarMLS #OM681793

StellarMLS logo

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