Sold for $595,000 on 09/14/23
$595,000
1945 NW 111th Loop, Ocala, FL 34475
4beds
2,567sqft
Single Family Residence
Built in 2005
1.06 Acres Lot
$618,000 Zestimate®
$232/sqft
$3,971 Estimated rent
Home value
$618,000
$581,000 - $655,000
$3,971/mo
Zestimate® history
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What's special
INVESTOR ALERT!! PERFECT AIRBNB or a Beautiful Private residence in a Safe agricultural setting. 4 Bedroom, 3 Full Bath home on over an Acre of Land surrounded by Horse Farms........ BRAND NEW ROOF!!! Welcome to "Summit Downs" a gated residential community located within the Coveted Gated Equine Community known as "Ocala Downs" in the great NW region of Marion County . Just 15 minutes from Downtown Ocala & 20 minutes to the World Equestrian Center where there is Entertainment, Shopping & Restaurants year round. Also only 30 minutes to Gainesville with an Airport, renowned Hospitals & the University of Florida. As you enter this iconic neighborhood you will see Horse Farms, Riders, Carriage Drivers and residents just walking their dogs. A very Special & Safe place where the acreage is a minimum of 1 acre, giving you the Peace, Tranquility and Space that everyone desires . This particular property backs up to a Horse / Walking Trail and a Horse Farm. There are 4 Bedrooms ( triple split plan) and three Full Baths , PLUS an Office and Formal Dining room. The home has been lovingly cared for and has no deferred maintenance. Featuring High Ceilings, and an open floor plan that includes two living areas. The Living room has Triple Sliders to the Pool Lanai, There is also a Great Room open to the Kitchen with another set of sliders to the Pool. If you like an abundance of Cabinets and Counter space in a Kitchen, this one fits the bill as well as having a nice big center Island, a Breakfast bar and Walk in Pantry . LG appliances new in 2021 including an oven that also Air Fries. .The Master bedroom is generous in size with a sitting area and sliders to the Pool lanai. The Master Bathroom has His and Her Vanities, a Soaking tub and separate shower along with 2 Closets ( one is a Walk In) as well as a Linen closet. The home features High Ceilings and tons of natural light. There is a pool door that gives access to a Bathroom just across the hall. Most of the home is Tiled with the Living room and Bedrooms featuring a Beautiful Cherry Laminate Wood Floor. There is no carpet in the house. The Pool area is Perfect for entertaining with plenty of space featuring a nice covered Lanai with a refrigerator/freezer and Bar. The Heated Pool was just resurfaced and painted last month, Pool Pump replaced in 2021 The Pool was Re-Screened within the last 2 years. The backyard has a Beautiful nearly new Privacy fence. Smart Technology offers a system that will remotely control the Heat and Air Conditioning and open and close your garage door. There is a newer Whole House Culligan Water Purification system in place. The Inside Laundry has a Washer and Dryer that will stay. Come see this little piece of paradise before its gone. Home Owners Association fees are only $500.00 a year. A small price to pay for keeping the integrity of this Gated neighborhood with private roads. Have a horse? I am sure there are Boarding Facilities in Ocala Downs where you could actually walk to the Barn. Seller currently uses Century Link for Internet with good high speed access for her home business. Click on the Virtual tour link for a video of the property.
Zillow last checked: 8 hours ago
Listing updated: September 16, 2023 at 01:23pm
Listing Provided by:
Desiree Barbazon 352-812-0674,
DESIREE BARBAZON REALTY 352-812-0674
Bought with:
Tony Baroni, 3134493
KELLER WILLIAMS SUBURBAN TAMPA
Source: Stellar MLS,MLS#: OM645771
Originating MLS: Ocala - Marion

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Dimensions: 18x20
Bedroom 2
- Level: First
- Dimensions: 12x12
Primary bathroom
- Features: Split Vanities, Tub with Separate Shower Stall
- Level: First
- Dimensions: 12x15
Bathroom 3
- Level: First
- Dimensions: 12x12
Dining room
- Level: First
- Dimensions: 12x15
Family room
- Level: First
- Dimensions: 20x20
Kitchen
- Level: First
- Dimensions: 15x12
Living room
- Level: First
- Dimensions: 15x20
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Bar Fridge, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer, Water Filtration System, Water Purifier, Water Softener
- Laundry: Inside, Laundry Room
Features
- Cathedral Ceiling(s), Ceiling Fan(s), High Ceilings, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Smart Home, Solid Surface Counters, Split Bedroom, Walk-In Closet(s)
- Flooring: Laminate, Tile
- Doors: Sliding Doors
- Windows: Blinds, Double Pane Windows
- Has fireplace: No
Interior area
- Total structure area: 4,650
- Total interior livable area: 2,567 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage Door Opener, Garage Faces Side
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch, Rear Porch, Screened
- Has private pool: Yes
- Pool features: Gunite, Heated, In Ground, Screen Enclosure
- Fencing: Fenced
Lot
- Size: 1.06 Acres
- Dimensions: 200 x 230
- Features: Above Flood Plain
- Residential vegetation: Mature Landscaping, Trees/Landscaped
Details
- Parcel number: 0848000204
- Zoning: A3
- Special conditions: None
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Contemporary
- Property subtype: Single Family Residence
Materials
- Block, Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2005
Utilities & green energy
- Sewer: Septic Tank
- Water: Well
- Utilities for property: Electricity Connected, Underground Utilities
Green energy
- Water conservation: Whole House Water Purification
Community & neighborhood
Security
- Security features: Gated Community
Community
- Community features: Deed Restrictions, Gated
Location
- Region: Ocala
- Subdivision: SUMMIT DOWNS
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $42 monthly
- Services included: Private Road
- Association name: Elaine Deloreo
- Association phone: 352-615-4481
Other fees
- Pet fee: $0 monthly
Other financial information
- Total actual rent: 0
Other
Other facts
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 9/14/2023 | Sold | $595,000-0.7%$232/sqft |
Source: | ||
| 7/22/2023 | Pending sale | $599,000$233/sqft |
Source: | ||
| 7/12/2023 | Price change | $599,000-3.2%$233/sqft |
Source: | ||
| 6/26/2023 | Listed for sale | $619,000$241/sqft |
Source: | ||
| 5/29/2023 | Listing removed | -- |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $5,539 -15.1% | $380,125 +11.3% |
| 2023 | $6,526 +10.1% | $341,614 +10% |
| 2022 | $5,926 +20.4% | $310,558 +10% |
Find assessor info on the county website
Neighborhood: 34475
Nearby schools
GreatSchools rating
- 1/10Fessenden Elementary SchoolGrades: PK-5Distance: 2.7 mi
- 3/10North Marion Middle SchoolGrades: 6-8Distance: 1.6 mi
- 2/10North Marion High SchoolGrades: 9-12Distance: 2.4 mi
Schools provided by the listing agent
- Middle: North Marion Middle School
- High: North Marion High School
Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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