
1989 NW 111th Loop Ocala, FL 34475
Northwest Ocala NeighborhoodEstimated payment $3,827/month
Highlights
- Gated Community
- Open Floorplan
- High Ceiling
- 1.24 Acre Lot
- Engineered Wood Flooring
- Solid Surface Countertops
About This Home
CALLING ALL buyers in search of a PEACEFUL and BEAUTIFUL piece of Ocala's Equestrian lifestyle! VERY SPECIAL, custom home in Summit Downs, a gated community tucked inside the mini farm community of Ocala Downs, which is also gated! What peace of mind you can have feeling so secure! Sitting on a gorgeous 1.24 acre lot, this very sharp looking home has 3 bedrooms, 2 bathrooms, 2342 living sq ft and a large open screened patio overlooking the neighboring horse farm. MANY UPGRADES: Amazing custom kitchen with granite tops, wood Cabinetry with new Amerock hardware and soft close hinges,under counter LED lighting, custom stone backsplash, wine refrigerator, new sink and new gun metal fingerprint-less stainless steel appliances. The stone gas fireplace was enhanced and sealed. All interior and exterior doors received new hinges, handles and locks. Custom Plantation Shutters were installed and shelving was upgraded in laundry room and both master bedroom closets. In both bathrooms are granite tops, new sinks, new faucets, rebuilt toilet tanks and soft close lids. Master bath has custom made vanity. Laundry room has new laundry tub, new faucet and granite tops. All new smoke detectors, ceiling fans, switches, receptacles and plates. The patio has a 220V to add a hot tub. All new interior and exterior lighting(converted to LED) and paint. New septic lateral field in 2022 along with a septic pump out, new 30 Yr GAF brand shingle roof installed Oct 2023 with transferable warranty, brand new water heater, new 7 zone sprinkler system and Florida friendly landscaping using river rock was installed. The home has a central vacuum system, side load garage, beautiful stone accents on the front and has an inviting farmhouse feel. You MUST come see this home, fall in love and make it yours!
Listing Agent
BERKSHIRE HATHAWAY HS FLORIDA Brokerage Phone: 352-622-9700 License #3198400 Listed on: 08/13/2024

Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,650
Year Built
- Built in 2002
Lot Details
- 1.24 Acre Lot
- Lot Dimensions are 209x258
- East Facing Home
- Oversized Lot
- Irrigation Equipment
- Cleared Lot
- Property is zoned A3
HOA Fees
- $42 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
- Shingle Roof
- Concrete Siding
- Block Exterior
- Stone Siding
- Stucco
Interior Spaces
- 2,342 Sq Ft Home
- 1-Story Property
- Open Floorplan
- High Ceiling
- Ceiling Fan
- Stone Fireplace
- Gas Fireplace
- Shutters
- Blinds
- French Doors
- Family Room Off Kitchen
- Combination Dining and Living Room
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Wine Refrigerator
- Solid Surface Countertops
- Solid Wood Cabinet
Flooring
- Engineered Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Enclosed Patio or Porch
- Private Mailbox
Schools
- Fessenden Elementary School
- North Marion Middle School
- North Marion High School
Utilities
- Central Air
- Heating Available
- Thermostat
- Propane
- Well
- Electric Water Heater
- Water Softener
- Septic Tank
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 8 / B
- Assessor Parcel Number 08480-002-08
Community Details
Overview
- Summit Downs HOA, Phone Number (347) 992-0003
- Summit Downs Subdivision
Security
- Gated Community
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2023 | $6,546 | $436,496 | $60,000 | $376,496 |
2022 | $3,611 | $249,150 | $0 | $0 |
2021 | $3,612 | $241,893 | $0 | $0 |
2020 | $3,583 | $238,553 | $0 | $0 |
2019 | $3,532 | $233,190 | $40,000 | $193,190 |
2018 | $3,371 | $230,529 | $0 | $0 |
2017 | $3,310 | $225,787 | $0 | $0 |
2016 | $3,261 | $221,143 | $0 | $0 |
2015 | $3,286 | $219,606 | $0 | $0 |
2014 | $3,105 | $218,757 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/27/2025 07/27/25 | Price Changed | $574,900 | -0.9% | $245 / Sq Ft |
06/06/2025 06/06/25 | Price Changed | $580,000 | -0.9% | $248 / Sq Ft |
06/05/2025 06/05/25 | Price Changed | $585,000 | -0.8% | $250 / Sq Ft |
03/29/2025 03/29/25 | Price Changed | $589,900 | -1.7% | $252 / Sq Ft |
03/01/2025 03/01/25 | Price Changed | $599,999 | -0.8% | $256 / Sq Ft |
12/06/2024 12/06/24 | Price Changed | $604,900 | -0.8% | $258 / Sq Ft |
08/13/2024 08/13/24 | For Sale | $609,900 | +6.1% | $260 / Sq Ft |
05/13/2022 05/13/22 | Sold | $575,000 | -3.4% | $246 / Sq Ft |
04/08/2022 04/08/22 | Pending | -- | -- | -- |
03/29/2022 03/29/22 | Price Changed | $595,000 | -0.7% | $254 / Sq Ft |
02/11/2022 02/11/22 | For Sale | $599,000 | -- | $256 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $575,000 | New Title Company Name | |
Warranty Deed | $42,400 | Affiliated Title Of Marion C | |
Warranty Deed | $39,000 | Affiliated Title Of Marion C | |
Warranty Deed | $35,000 | Affiliated Title Of Marion C |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $460,000 | New Conventional | |
Previous Owner | $50,000 | Credit Line Revolving | |
Previous Owner | $159,500 | Unknown | |
Previous Owner | $159,500 | Unknown | |
Previous Owner | $70,200 | No Value Available |
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Source: Stellar MLS
MLS Number: OM683846

APN: 08480-002-08
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