Lake George “Slice of Heaven”

One of the best Lake George lots! This beautifully landscaped lot includes over 150′ of lakefront on 2.95 acres, front part of lot is approximately 2 wooded acres providing great privacy and winding gravel driveway. Armstrong Builders, custom built in 2007, a one of a kind 3 bedroom, 2 bath home with 2672 living square feet and CBS(Concrete Block Stucco) construction. Walking up the sidewalk to front door you will see stacked stone accent wall with copper awning, covered front tiled porch with round columns and double entry door. Very popular open floor plan with dramatic vaulted foyer includes window/skylight and chandelier. Formal dining room to the right overlooks large living room with vaulted ceilings, stacked stone gas fireplace with custom mantel and built-in bookcases. Living room has 3 large sliders providing lots of natural sunlight and stunning Lake George views. Kitchen is spacious in size with granite counters, custom wood cabinets featuring lazy suzan, pull out spice racks on both sides range and Kohler faucet. Appliances included are stainless steel; Jenn-Air Pro style duel fuel stove(gas burners and electric oven, includes grilling attachment), side by side fridge, dishwasher and microwave. Also a nicely sized breakfast nook has gorgeous views of Lake George and open covered rear porch. Home features include, Brazilian walnut wood flooring in main areas and 3rd bedroom, ceramic tile in kitchen, breakfast nook & bathrooms. Main bedroom also has beautiful views of Lake George with 3 large windows, tray ceiling, large walk-in closet plus separate linen closet. Main bathroom has double sinks plus sit-down vanity area, large soaking tub and glass enclosed shower and privacy toilet. Bedroom 2 features bay window view of front yard, 3rd bedroom/office has vaulted ceilings and large 7’x11′ closet. Guest bathroom features granite counters, wood cabinets and Kohler cast iron tub. The laundry room is nicely sized with linen closet in hallway. HVAC in 2017 and home is equipped with Generac whole house generator. Also, salt water softner system and irrigation with 8 zones to keep this beautiful St Augustine lawn super green + wonderful landscaping.

Dock is 254′ and was originally built in 2009. Approximately 70′ of dock deck boards were replaced in 2020. Bulkhead/seawall  was built in 2012. Covered rear porch overlooks 20’x40′ concrete patio with huge grand daddy oak trees providing lots of shade and cool breezes with beautiful lake views. Custom built stone wall at waters edge with cement block steps leading to dock enhances the “Life-on-the-Lake” lifestyle. There is detached oversized 4 garage spaces(3 in front and one on side: short boat, lawn mower, etc.) with 1050 square feet with lots of room for vehicles and storage. Garage has 110/220 power and water, plus additional fenced area for small boats, equipment and more.

Lake George is the 2nd largest lake in state of Florida with 46,000 acres of water and connected on North and South end by the St. Johns River. The St. Johns River is the longest river in Florida, flowing 310 miles north from its Headwaters at Blue Cypress Lake in Indian River County to its mouth where it empties in to the Atlantic ocean east of Jacksonville. From this property it is short boat ride to Salt Springs Run(swim site, boat rentals and campground), Silver Glen Springs(swim site and canoe/kayak rentals), Juniper run( swim site, canoe rental) and many restaurants(Bass Champions Seafood, Square Meal, Odd Todds Mexican, Papa Joes BBQ, Salt Springs pizza and entertainment(Cactus Jacks, Boondocks, 88) and shopping(grocery store, Dollar General, Hardware, Laundry)nearby. Located in the heart of the Ocala National Forest, Salt Springs is also home to miles and miles of ATV/SxS, Horseback and hiking trails. Great fishing year round in the many lakes, rivers, forest ponds, and don’t forget about the excellent hunting too. Only short 40 minute drive to Ocala or Palatka for all your needs.

Asking Price $695,000

 

Questions To Ask When Buying Homeowners Insurance

For many homebuyers, property insurance is a detail, a box to be checked off on the way to closing. But details are important and missteps can be expensive. Purchasing insurance may not be as fun as choosing new furniture and paint colors, but it’s a critical part of the homebuying process. Your homeowners insurance policy is a financial safety net in case of a disaster, so you’ll want to ask a few important questions to make sure you have the coverage you need at a price you can afford.

What’s the dwelling coverage per square foot?

Imagine that a fire burned your house to the ground and your policy didn’t pay out enough to rebuild it. That could happen if your dwelling coverage – the part of your policy that covers the structure of your home – is too low.

To prevent this, don’t simply accept the initial dwelling coverage amount an insurance company recommends. “Insurance companies use replacement cost calculators, but they’re not 100% accurate by any means,” says Ryan Andrew, president of The Andrew Agency, an independent insurance agency serving Virginia, Maryland and Washington, D.C.

For a more accurate estimate, ask your insurer to send someone to your house for a replacement evaluation, suggests Amy Bach, executive director of United Policyholders, a nonprofit that advocates for insurance consumers. You can also ask a local builder who specializes in new construction to estimate your home’s rebuilding cost per square foot.

Once you’ve chosen an appropriate dwelling limit, consider adding extended replacement cost coverage to your policy. With this coverage, your insurer will pay 10% to 50% more than your dwelling coverage amount to help you rebuild. This could save you thousands of dollars if building prices spike for unforeseen reasons such as a lumber shortage or high demand after a disaster.

A typically pricier option, guaranteed replacement cost coverage, will pay to rebuild your home regardless of expense.

Do I have multiple deductibles?

Homeowners may not realize that on some policies, higher deductibles may apply for claims due to wind, hail, named storms or other disasters.

For example, say a hurricane causes wind damage to your roof. Your insurance policy might have a wind deductible worth 5% of your dwelling coverage rather than the $1,000 deductible that applies to most other claims, Andrew says. So if your house were covered for $250,000, you’d have to pay for the first $12,500 of damage before your insurer paid anything.

Getting quotes from multiple insurers may help you reduce or eliminate these high deductibles.

What isn’t covered?

You might be unpleasantly surprised by your policy’s exclusions. “Flood insurance, which is excluded on almost all homeowners policies, is definitely a big one,” Andrew says, adding that this is especially important for homeowners with finished basements.

Even houses that aren’t near a body of water could experience flooding during heavy downpours, Andrew says, and a standard homeowners policy is unlikely to cover any damage.

You can buy flood insurance through companies that participate in the National Flood Insurance Program. The program’s average flood claim payout was $52,000 in 2019.

Andrew also suggests adding water backup coverage to your policy. This pays for damage due to water backing up into your house from sewer lines, sump pumps or other water lines.

Another common coverage gap involves keeping up with current building laws. “If you have to make improvements when you’re repairing or replacing (your home) because the codes have changed since your house was built, a typical policy will exclude that,” Bach says. Though this can be particularly expensive for older homes, “even a house that was built five years ago is out of code,” Andrew says.

Both Bach and Andrew recommend adding ordinance or law coverage to your policy to handle these expenses.

How can I save?

While having the right coverage is generally more important than paying the bare minimum, there are discounts to make your policy more affordable. Andrew suggests buying your car, homeowners and other insurance through the same company to take advantage of bundling discounts, which can save you 20% or more.

“The best way to bring down the price without sacrificing coverage is to raise your deductible,” Bach says. Being willing to pay for smaller repairs yourself rather than filing claims will help keep your premiums low.

If you’re confused about coverage and discounts, reach out to an insurance agent to talk through your options. “Take a little extra time to understand what it is that you’re purchasing,” Andrew says. “For most people a house is the most expensive asset they have.”

Housing Demand

Happy Thursday, Everyone! 

If you have followed my blog you know for the past several months I have talked about the housing shortage that we’re currently facing. Check out this article that Florida Realtors just posted! The U.S. needs 3.3 million more homes to satisfy the housing demand. 

https://www.floridarealtors.org/news-media/news-articles/2020/03/study-us-needs-33m-more-homes-satisfy-demand

If you have given any consideration to selling now is the time!

Call me! I would love to help (352) 577-9171 

TBD E. Hwy 316 -2 Parcels- $47,000

Don’t miss this great 1.9 acre property just off of main Lake Kerr with possible access, depending on boat. Lake views from shore is a sprawling, breathtaking 2,830 acre lake in the midst of the Ocala National Forest. Lake Kerr is a small lake located in Marion County, Florida, USA. Eureka and Salt Springs are located near Lake Kerr. It is also located very close to Lake George and the St. Johns River. The water is clear like many lakes found in Florida. Boat ramp access and fishing pier at Moorehead Park for Lake Kerr, one of Marion County’s largest lakes. Lake Kerr is renowned for excellent bass fishing. 

Located minutes to downtown Fort McCoy with grocery store, doctor office, pharmacy, hardware, gas station, pizza delivery and more. Close to Silver Springs which is great for kayaking, boating and outdoor activities. Ocala is just another 20 minutes away with Walmart, Lowes, Bealls, Outback and many more of your favorite restaurants. Gainesville(Home of Florida Gators) is only 50 minutes to downtown. If you’re a fisherman, hunter or simply love hiking, canoeing or kayaking you are in luck! Minutes to Ocklawaha River, Rodman Reservoir boat ramp, Ocala National Forest and many natural springs(Salt Springs, Silver Glen Springs, Juniper Springs) awaits your explorations. One of a kind property and location! Ready for new owners!

  • 2 Parcels Totaling 1.9 Acres
  • Sold together for $47,000 or $29,000 individually 
  • Zoned R-4 (residential mixed use) 
  • Well and Septic Needed 

 


 

Worst Advice for Home Buyers!

Happy Monday! When buying a home you hear all different types of advice and opinions from your family, friends and peers. Check out this article posted by Realtor.com ~ worst advice given to home buyers. 

  • Prices are going down (FALSE) 
  • You don’t need a Realtor (USING A REALTOR IS FREE FOR YOU! PAID BY THE SELLER) 
  • Make lowball offers (THIS ISN’T ALWAYS A GOOD IDEA.) 
  • Don’t obtain a home inspection (FALSE. THIS IS THE BIGGEST INVESTMENT YOU WILL MAKE) 

Link to full article >>>

https://www.realtor.com/advice/buy/worst-home-buying-advice/?cid=soc%5Ffy20_TW_RDCFY20_Buyi

Please call me for all of your real estate needs! I would love to help! (352) 577-9171 

Monthly Market Detail Report – June 2015

In the Ocala/Marion real estate market, conditions continue to be even as fewer houses become available compared to his time last year. June 2015 found an decrease in the number of new listings, active listings and pending sales were up for single-family homes, according to information from Ocala Marion County Association or Realtors®.

The 877 new listings in June 2015 represented a -2.6 percent decrease over previous year. Active listings decreased 8 percent to 3,083 over the same period. Pending sales had a high jump in June, with the 656 pending listings in for the month, indicating a 7 percent increase over June 2014. Actual sales of single-family homes also increased over the same period.

The Ocala Marion County Association or Realtors® reports that in June, a total of 606 single homes were sold in the Ocala/Marion County area. This represents a 12.8% percent increase over sales in previous yearPrices in the Ocala/Marion County real estate market continue to climb during that year-long period. The median price of a single-family home in the Ocala/Marion County area increased 6.4 percent between June/2014 and June/2015, to $116,000.

Average home prices declined -3.7 percent during that period to $145,862. The closed sales by sales price during the year

increased in all price categories except for “less than $50k and over $1,ooo,ooo. Homes spend an average of 73 days on the market in Ocala/Marion County, which is decrease from June/2014 of 38.1 percent year-over-year. Generally higher prices, limited availability, and quicker sales of those homes that come up for sale make the Marion County real estate market a favorable environment for sellers, and because of the great value in our area buyers can find quality homes far cheaper than average rent prices for the area.

Rountree Realty provides expert real estate services to residential buyers and sellers in Marion County including Ocala, Fort McCoy, Anthony, Sparr, Citra, Salt Springs, Orange Springs and and surrounding communities. Contact us today for more information on local real estate and for professional assistance navigating this sometimes complex home market.

This report describes member activity for the association and is not confined to any specific geographic area. Statistics for each month compiled from MLS feeds on the 15th day of following month. Data released July 22, 2015, produced by the Florida REALTORS®

Existing Home Sales Continue to Rise In October 2014

Existing-home sales continued to rise in October and are now up year-over-year for the first time in 2014, NAR Chief Economist Lawrence Yun says during a Nov. 20 press conference in Washington. This is good news for our local Ocala/ Marion County market because the inventory is moving closer to a balanced market. The largest issue facing the future is a lack of inventory in many price ranges. If you are a seller and thinking your home might not be worth what you owe, you could be be mistaken. There are still great deals to be found for buyers too. Want to chat more about real estate or discuss your homes value, please contact me today.

 

https://www.homesforsaleocalamarion.com/wp-content/uploads/2015/01/Ocala_MSA_Single_Family_Homes_2014-10_Summary-2.pdf

 

Deerback Lake w/ White Sand Beaches

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Beautiful Lake Front 1990 Manufactured Home with 2 bedrooms and 2 baths on Springfed Deerback Lake located 7 miles North of Fort McCoy and only 35 minutes from Ocala.  Relax under the Oaks trees and watch the spanish moss blow in the breeze. Catch largemouth bass, bluegills, catfish and so much more. 1036 Living Sq. Ft. with central A/C and Heat and wrap around deck. Loaded with upgrades like Metal Roof, Hardwood Floors, Fireplace and Extra Large Screened Porch and Deck overlooking lake. Lighted Dock With Water. Move In Ready! Bring The Boat, Skis and The Fishing Pole. Listed for $99,999