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1150 Sw 43rd Place
Ocala, FL 34471
$1,950,000
Conventional
Property
Bedroom
4
Bathroom
3
Property Type
Conventional
Square ft
4800
Property Description
Meticulously designed by famed Baton Rouge architect Al Jones, this exquisite French Country-style estate is an exclusive property located within the private Polo Lane community. Close to downtown Ocala, the Florida Horse Park, schools, and hospitals, this intricate home seamlessly blends luxury and convenience in Central Florida. Offering a total of 4-bedrooms and 3-baths with over 4,800 sqft, the home features a variety of thoughtful amenities and detail-oriented finishes. All materials are authentic or reclaimed, including a lifetime Vermont slate roof and reclaimed heart of pine waxed flooring, French limestone foyer tiles, reclaimed brick floors, marble flooring in the primary bath, granite counters, solid wood cabinetry, and graceful custom iron and brass handrails flanking the staircase. The exterior construction is uniquely brick with a coat of stucco as smooth as icing, along with a solid brick detached garage which ties into the home via a covered side breezeway. Cooking and entertaining are a dream in the custom kitchen, which comes complete with a large gas cooktop, custom copper ventilation hood, stainless steel appliances, and much more. Open to the kitchen is the family room, which is conveniently close to the guest bath, guest bedroom, and laundry rooms. Accessible from the foyer, the formal dining room and living rooms are wonderful spaces to entertain. The living room is especially inviting with a large gas fireplace and beautiful views of the front and back patios and pool area. A den provides its own wood burning fireplace and rests adjacent to the airy and elegant primary bedroom, which comes complete with its own private en-suite bath and two walk-in closets. The second floor provides an additional two bedrooms with a large jack-and-jill bath and dressing area. The backyard features a cool, shaded porch and a sparkling pool and deck for year-round enjoyment of Central Florida’s sunny weather. To the side of the home is a stunning French-style ornamental garden, which provides a breathtaking space well-suited for reflection and quiet. If your discerning taste appreciates uncompromising quality, welcome home!
Property Information
Lot Size
3 acre(s) square ft
Property Type
Residential
Year Built
1994
MLS Number
OM669700
Location
Address
1150 SW 43RD PLACE
City
OCALA
State
FL
Zip Code
34471
County
MARION (SOUTH)
Listing
Provider
Showcase Properties of Central Florida, original listing
Name
Showcase Properties of Central Florida
Phone
(352) 351-4718
Office Name
SHOWCASE PROPERTIES OF CENTRAL
Office Phone
(352) 351-4718
Agent Name
Dawn Trigg

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.