NOT LISTED FOR SALE

Estimated Value: $702,000 - $809,000

4 Beds
5 Baths
3,688 Sq Ft
$208/Sq Ft Est. Value

Last Sold August 30, 2024

Last sale price $725,000 $197 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,663/month

46 Days on Market

Highlights

  • Screened Pool
  • 1.36 Acre Lot
  • Vaulted Ceiling
  • Gated Community
  • Family Room with Fireplace
  • Wood Flooring

About This Home

As of August 2024

Welcome to your own slice of paradise in the gated community of Summit Downs, nestled on a sprawling 1.36 acre lot surrounded by the picturesque horse farm community of Ocala Downs. This custom pool home offers a tranquil retreat in a peaceful and quiet cul-de-sac, boasting a lovely elevation that sets it back off the road for added privacy and serenity. This well-maintained residence spans 3,700 heated square feet and features 3 or 4 bedrooms, included a versatile upstairs flex room with a full bathroom and ample closet space, perfect for use as a bedroom, craft room or workout space. The layout includes a formal dining room, an eat-in kitchen with center island and stainless steel appliances, open to a spacious family room with a cozy fireplace and a built-in shelving for TV, books, etc., and there is also a formal living room. Crown molding adorns the entire home with soaring ceilings. The split bedroom plan ensures privacy with the master offering an ensuite bath with a separate spacious shower, a generous walk-in closet an a private entrance to the pool area for ultimate relaxation. Additional highlights of this home include a large laundry room, a walk-in pantry, a roof that is only 2 years old, two A/C units (one recently replaced), two hot water heaters and a recently redone drain field. Outside the recently redone pool cage encloses the inviting pool area complete with a pool bath and storage space for your convenience. With low HOA fees and a range of recent updates and improvements this property is truly a gem waiting to be discovered, Don't miss out on this incredible opportunity - come see for yourself and make this your new home sweet home!

Last Agent to Sell the Property

Carla Lord

OCALA HOMES AND FARMS Brokerage Phone: 352-390-6009 License #3266941 Listed on: 06/12/2024

Last Buyer's Agent

Kerk Sanders

OCALA HOMES AND FARMS License #3229809

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,671

Year Built

  • Built in 2003

Lot Details

  • 1.36 Acre Lot
  • Lot Dimensions are 211x280
  • Cul-De-Sac
  • North Facing Home
  • Mature Landscaping
  • Irrigation
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned A3

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Garden
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,688 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Shades
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Fence Around Pool
  • Pool Deck
  • Outside Bathroom Access
  • Pool Tile

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Storage
  • Rain Gutters

Schools

  • Fessenden Elementary School
  • North Marion Middle School
  • North Marion High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • 1 Water Well
  • Electric Water Heater
  • 1 Septic Tank
  • High Speed Internet
  • Phone Available

Listing and Financial Details

Community Details

Overview

  • Association fees include private road
  • Summit Downs Homeowner Association/Elaine Association, Phone Number (352) 615-4481
  • Summit Downs Subdivision
  • The community has rules related to deed restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,671

Year Built

Built in 2003

Lot Details

0

HOA Fees

$42 per month

Parking

3

Listing Details

  • HOA Fee Includes: Private Road
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3688
  • Lot Size Acres: 1.36
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 4490
  • Lot Size Sq Ft: 59242
  • Directions to Property: 441 North, Turn into Ocala Downs (gate will be open) go to the entrance of Summit Downs on the right,take the first right at the stop sign turn right and follow the road to the address, home will be on the right.
  • Status: Sold
  • Street Direction: NW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Ocala
  • Escrow Postal Code: 34470
  • Escrow State: FL
  • Escrow Street Name: E. Silver springs Blvd
  • Escrow Street Number: 503
  • List Office Head Office Key Nume: 529793830
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 196.58
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-390-6009
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room
  • Living Area Units: Square Feet
  • Flooring: Hardwood, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), Coffered Ceiling(s), Crown Molding, Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: In Ground
  • Spa Yn: No
  • Stories: 2
  • Window Features: Shades, Window Treatments
  • Street Number Modifier: 2080
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Family Room,Formal Dining Room Separate,Formal Living Room Separate,Inside Utility
  • Living Area Meters: 342.63
  • Room Count: 4

Exterior Features

  • Direction Faces: North
  • Pool Features: Deck, Gunite, In Ground, Outside Bath Access, Screen Enclosure, Tile
  • Exterior Features: Irrigation System, Rain Gutters, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: Yes
  • View: Garden, Park/Greenbelt
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Oversized

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Phone Available
  • Cooling: Central Air, Zoned
  • Heating: Electric, Heat Pump, Zoned
  • Laundry Features: Electric Dryer Hookup, Laundry Room, Washer Hookup
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community - No Guard
  • Association Amenities: Gated
  • Association Fee: 500
  • Association Fee Frequency: Annually
  • Association Name: Summit Downs Homeowner Association/Elaine
  • Phone: 352 615-4481
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 500.00
  • Total Monthly Fees: 41.67
  • Monthly HOA Amount: 41.67

Schools

  • Elementary School: Fessenden Elementary School
  • High School: North Marion High School
  • Middle Or Junior School: North Marion Middle School

Lot Info

  • Zoning: A3
  • Parcel Number: 08480-002-20
  • Additional Parcels: No
  • Lot Features: Cleared, Cul-De-Sac
  • Lot Dimensions: 211x280
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 5504
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 6671.12
  • Tax Block: B
  • Tax Book Number: 005-003SUMMIT
  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Aug 30, 2024
Sold by
Miller Living Trust and Miller Donna J
Bought by
Callahan Jack and Callahan Randi Kara
Seller's Agent
Carla Lord
OCALA HOMES AND FARMS
Buyer's Agent
Kerk Sanders
OCALA HOMES AND FARMS
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%
Views
136
Current Estimated Value
$766,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,637
Avg. Annual Appreciation
4.98%
Original Mortgage
$580,000
Outstanding Balance
$573,842
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$192,795

Purchase Details

Listed on
Nov 29, 2021
Closed on
Feb 15, 2022
Sold by
Mcdowell and Kimberly
Bought by
Miller Living Trust
Seller's Agent
Carmen Murvin
SHOWCASE PROPERTIES OF CENTRAL
Buyer's Agent
Ashley Dibartolomeo
GOLDEN OCALA REAL ESTATE INC
List Price
$699,000
Sold Price
$675,000
Premium/Discount to List
-$24,000
-3.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.85%

Purchase Details

Closed on
Mar 27, 2002
Sold by
Henning Terrence J and Henning Mary Jean
Bought by
Mcdowell Lonn and Mcdowell Kimberly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.85%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Callahan Jack $725,000 Ocala Land Title
Miller Living Trust $675,000 Klein & Klein Llc
Miller Living Trust $675,000 Klein & Klein Llc
Mcdowell Lonn $40,000 Affiliated Title Of Marion C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Callahan Jack $580,000
Previous Owner Mcdowell Lonn $36,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2024 08/30/24 Sold $725,000 -9.3% $197 / Sq Ft
07/29/2024 07/29/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $799,000 +18.4% $217 / Sq Ft
02/16/2022 02/16/22 Sold $675,000 -3.4% $183 / Sq Ft View Prior Sale
12/23/2021 12/23/21 Pending -- -- --
11/24/2021 11/24/21 For Sale $699,000 -- $190 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $6,833 $462,950 -- --
2023 $6,671 $449,466 $0 $0
2022 $5,280 $354,655 $0 $0
2021 $5,289 $344,325 $0 $0
2020 $5,250 $339,571 $0 $0
2019 $5,178 $331,936 $0 $0
2018 $4,899 $325,747 $0 $0
2017 $4,811 $319,047 $0 $0
2016 $4,752 $312,485 $0 $0
2015 $4,793 $310,313 $0 $0
2014 $4,934 $334,854 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM680249

Stellar MLS

APN: 08480-002-20