Country Lake Retreat! $249,000

Lake Karen Estates is beautiful private spring feed lake. All owners own to the center of the lake and it is loved by all lake residents…human and animals alike. Great fishing with largemouth bass, bream, catfish and more, or paddle you SUP, Canoe or Kayak. This is true old Florida lake with no motor boats and more birds than people.

Home sits on 11+ treed, landscaped acres and features 2 full living quarters…one upstairs and one downstairs(If you need it, currently kitchen is down stairs). Second floor includes 2 bedrooms, 1 bathroom, cozy living room/sitting area, office/desk area and large laundry room. There is walkway overlooking huge glass windows and lake views on second level too. The cool custom wood spiral staircase looks great in the 2 story entry with large plate glass windows and panoramic views of Lake Karen. There is a formal dining area leading to cozy kitchen with lots of extra storage cabinets. TV room has custom built-ins and ready for your big screen TV and movie night. There is a large room that could be used as a bedroom too. Slider leads to concrete paver patio and small covered area. Short walk to concrete block 2 car garage and really cool “she” shed or “man” cave.

Outside there is a large deck on 2nd story overlooking lake with concrete patio below. There are 3 individual parcel ID#’s with this sale. The North lot has and additional power meter, well and septic tank. There are total of 2 wells and 3 septics tanks with concrete pad and multiple outbuildings.

Now that is a lot of details…Don’t miss seeing this well aged home with AMAZING views!!!   

Waterfront listing! Just in time for summer!  

  • 3 Parcels Totaling appx. 11+ Acres 
  • Zoned A-1  Waterfront Property 
  • 2 Bedrooms   2 Bathrooms 
  • 2017 Roof 
  • 2nd Story Deck Overlooking Lake 
  • Asking Price $249,000

 

Please Call/Text (352) 577-9171 or Email Info@Search352Homes.com

Homestead Exemption-Marion County

 

Good Day All, 

I hope everyone is having a great week!! It’s such a busy time of year with holiday preparations, parties, shopping, and list goes on and on. If you purchased a home in 2018 and it’s your primary residence than this blog post is for you!! 

Please don’t forget to file for homestead exemption so you qualify for the tax break in 2019. Below is a link with instructions to apply online for homestead exemption for Marion County. 

http://bit.ly/HomesteadExemptionApplication

If you have any questions please contact me at (352) 577-9171 or Info@Search352Homes.com or Call Marion County Property Appraiser office at (352) 368-8300

It’s The Most Wonderful Time Of The Year!

Good Afternoon All, 

I hope everyone is having a great day! Did anyone do anything fun over the weekend to celebrate the upcoming holiday? Maybe attended a Christmas Party or the Ocala Christmas Parade? Since we’re now less than two week until Christmas, I thought I would share some of favorite holiday traditions and events here in Marion County. 

1.) Let’s Skate Ocala!- Ocala’s Ice-skating Rink is back! Located at Tuscawilla Park at 500 NE Sanchez Ave, Ocala.                Every weekend they’re having a special theme for the event. 

  • Friday, Dec. 15 – Santa’s Workshop with a special screening of the movie “Elf”
  • Friday, Dec. 22 – Superheroes Night 

Click here for more information and pricing. http://bit.ly/2BTLnWn

2.) Carriage Rides on the Square!- Every weekend between now and New Year’s Eve you can take a carriage ride and see all of the lights and holiday decorations around the square. Click here for more information and pricing. 

http://bit.ly/2B4DQqA

3.) Ocala Civic Theatre!- The Ocala Civic Theatre has several different performances going on for the holiday season. Make sure you check out their website for tickets, showtimes and more information!

http://bit.ly/2B55yn2

4.) Cotton Farm’s Christmas Village- This is a great event for the little kiddos. From Pancakes with Santa, to hayrides, lights and other Christmas activities this is the place to be! Here is a link to their FB page with more information. 

https://www.facebook.com/CottomFarmChristmasVillage/

5.) Cade Christmas Light Display- This Christmas light display is located in Orange Springs, just a few miles north of Fort McCoy. For years this has been one of the best Christmas light displays in the area. Check out their FB page for pictures and more info. 

https://www.facebook.com/pages/Cade-Christmas-Light-Display/1438266549721929

I hope you get the chance over the next couple of weeks to enjoy some of the holiday events here in Marion County! This is truly is the most wonderful time of year! 

Merry Christmas, 

Duke Rountree

Ocala, Florida Area Local Market Report 2011 – 3rd Quarter

TODAYS MARKET…. Median Price and Existing home Sales

All real estate is local and every market is unique. Remember that when you hear reports from the major new networks. We are seeing some positive signs in the Ocala / Marion County Market with the Median Home Price now at $80,900 with 1-year Appreciation at -1.6% and a 3 year Appreciation of a whooping -40.1%. This relatively recent correction in local home prices wiped out most of the equity gained over the last 7 years. State Existing Home Sales(2011 Q3 vs 2010 Q3) is at +10.6% for Florida and Nationally 17%.

FORECLOSURE info by type…

The market share of Foreclosures by type is 88.3% are Prime Loans, 5.1% are Sub-Prime Loans and 6.6% are Alt-A Loans. There has been a decline of both 60 and 90 day delinquency rates over the most recent 6-month period suggests a decline in local foreclosure rates in the near future.

AFFORDABILITY….

Based on Ratio of Local Mortgage Servicing Cost to Income, Ocala has typically been more affordable than most markets. For example the Monthly Mortgage Payment to Income for Ocala is 6.6% compared to 15.5% in the United States for 2010 and 5.7% locally for 2011 and 13.9% nationally with the historical average at 11.3% locally and 22% nationally. The price to income ratio has fallen as well and is below the historical average.

So what does this all mean?

Well it could mean we are close to reaching the bottom of the housing value slide. But it will take a strong economy and more local jobs for the housing market to continue gaining traction. There is less inventory on the market with an increase in buyer activity, compared to the same time last year. We are a long way from seeing appreciation in our homes but hopefully close to reaching the bottom and no more depreciation of value.

“Until Next Time”