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$649,999   Price Analysis
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1989 NW 111th Loop
Ocala, FL 34475
3 bed 2 bath 2,342 SqFt ($277/SqFt)
1.24 acre lot. Built 2002
Listed 2024-02-13, HOA $41, Taxes $3,611
USDA Eligible
near Ocala, FL
 Restrictions may apply
due to home size

Welcome to this gorgeous custom home located in the heart of horse country

In the sought-after community of Summit Downs, with so many upgrades and improvements, there isn't enough room to list them all here!! This magnificent 3 bedroom and 2 bathroom retreat boasts 2342 square feet and sits gracefully on under and acre and a quarter, nestled amongst the oak trees and backing up to the serene view of the neighboring horse farm. Upon entering the home, you are greeted by a welcomng formal living room accompanied by a formal dining room, all under soaring ceilings that continue throughout the entire home. The current owners are using the formal dining room as a bar area to enjoy cocktails or entertain guests, but this space is up to the new owner's imagination. This home's expansive kitchen is certainly one of the focal points that is a must see! The entire kitchen has had an excellent facelift, with all the cabinets newly lacquered, a custom stone backsplash, brand new Samsung g un metal finger printless stainless-steel appliances, under counter LED lighting, new sink and faucet and every counter in the home has new granite counter tops. The primary suite has open his and hers walk in closets, a custom-built double vanity with new granite counters, walk-in shower and soaking tub. The home offers a true split plan, with the 2 guest bedrooms located past the family room/kitchen, with the guest bath that has a tub/shower combo and new vanity/granite counter tops. With exits from the living room, kitchen/family room and primary bedroom, the back patio and lanai area provide a pretty view of the neighboring horse farm, with ample room for all the outdoor seating and grilling area you could want, in addition to plenty of space for a gardening hobby or hot tub (porch already wired for a hot tub). For those that value privacy and security, Summit Downs is a gated community that sits inside the mini farm community of Ocala Downs, which is also gated, so homeowners can feel safe in the comfort of their own home!

The list of upgrades that the current owners have made to this home is too long to list here, so the complete list is under the realtor's paperclip, but some of the noteable improvements are a new 30 year GAF roof in 2023, new septic field in 2022, interior and exterior paint, kitchen upgrades in 2022 and MUCH MORE!! This home is a definite must see!!


Presented by Brian Kalmar at
Robert Slack LLC.


Property MLS #OM672654 from StellarMLS

Bedrooms: 3
Primary Bedroom Dimensions: 15 x 19
Primary Bedroom Level: First

Total Rooms: 3
Living Room Dimensions: 12 x 14
Living Room Level: First

Total Bathrooms: 2
Full Bathrooms: 2

Ceiling Fans(s)
Central Vaccum
Eat-in Kitchen
High Ceilings
Kitchen/Family Room Combo
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Solid Surface Counters
Solid Wood Cabinets
Split Bedroom
Thermostat
Walk-In Closet(s)
Window Treatments
Flooring: Carpet, Tile, Wood
Window Features: Blinds, Shutters

Dishwasher
Electric Water Heater
Microwave
Range
Refrigerator
Water Purifier
Water Softener
Laundry Features: Electric Dryer Hookup, Inside, Laundry Room

Cooling Features: Central Air
Fireplace Features: Stone
Heating Features: Electric

Kitchen Level: First

Irrigation System
Road Surface Type: Asphalt, Paved

Attached Garage: Yes
Garage Spaces: 2

Lot Description: Cleared, Oversized Lot, Paved
Lot Size Acres: 1.24
Lot Size Dimensions: 209x258
Lot Size Square Feet: 54014

Association: Yes
Association Fee: 500
Association Fee Frequency: Annually
Calculated Total Monthly Association Fees: 41
Association Name: Summit Downs H.O.A
Pets Allowed: Yes

Lease Term: Minimum Lease: No Minimum

Community Features: Gated Community - No Guard

Annual Tax Amount: 6545.670000000
Source Listing Status: Active
County: Marion
Directions: Driving north from Ocala on Hwy 441, turn left on NW 114th Loop, turn left onto Nw 17th Court Rd., Turn left onto NW 111th Loop, home is on the right
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential
Area: 34475 - Ocala
Source Neighborhood: SUMMIT DOWNS
Parcel Number: 08480-002-08
Postal Code Plus 4: 1332
Subdivision: SUMMIT DOWNS
Township: 13S
Zoning: A3
Property Subtype: Single Family Residence
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$unknown + $unknown
$249,150
$3,611
2021$unknown + $unknown
$241,893
$3,611
2020$unknown + $unknown
$238,553
$3,583
2019$193,190 + $40,000
$233,190
$3,531
2018$unknown + $unknown
$230,529
$3,371
2017$unknown + $unknown
$225,787
$3,309
2016$unknown + $unknown
$221,143
$3,261
2015$159,606 + $60,000
$219,606
$3,285
2014$unknown + $unknown
$218,757
$3,104
2013$unknown + $unknown
$215,524
$3,020
2012$unknown + $unknown
$211,921
$2,960
2011$unknown + $unknown
$205,749
$2,871
2010$unknown + $unknown
$205,333
$2,847
2009$unknown + $unknown
$199,935
$2,692
2008$unknown + $unknown
$199,736
$2,646
2007$unknown + $unknown
$193,919
$2,747

Price Changed 2024-05-11
$649,999
StellarMLS
Price Changed 2024-04-11
$684,900
StellarMLS
Listed 2024-02-13
$699,999
StellarMLS
Sold 2022-05-13
$575,000
StellarMLS
Price Changed 2022-03-29
$595,000
StellarMLS
Listed 2022-02-12
$599,000
StellarMLS
Sold 2000-12-07
$39,000
Public Record
Sold 2000-07-20
$35,000
Public Record

Total Square Feet Living: 2342
Year Built: 2002
Building Area Source: Public Records
Building Area Total: 4043
Construction Materials: Block, Stucco
Direction Faces: East
Foundation Details: Slab
Levels: One
Property Age: 22
Roof: Shingle
Levels or Stories: 1
Building Total Stories: 1

Sewer: Septic Tank
Cable Connected
Electricity Connected
Water Source: Well

North Marion Middle School is a public middle school located approximately 1.5 miles away.
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North Marion High School is a public high school located approximately 2.5 miles away.
directions icon Map directions

Fessenden Elementary School is a public elementary school located approximately 2.7 miles away.
directions icon Map directions

The School of the Kingdom is a private elementary, middle and high school located approximately 4.7 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.