1989 NW 111th Loop, photo 1
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Overview

3 bd2 ba2,342 sqft2 car garageSingle Family
TypeSingle Family
HOA$500/yr
Built2002
Lot54,014 sqft
Living area2,342 sqft
Price / sqft$241
Garage2 car

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Pricing, comps, HOA, the neighborhood. Answers before you fill out anything.

About this home

Ceiling Fans(s)Crown MoldingEat-in KitchenKitchen/Family Room ComboL DiningSplit BedroomWalk-in Closet(s)Gated Community - No Guard

1989 NW 111th Loop is a 2002-built home in Summit Downs, Ocala. Inside you'll find 3 bedrooms, 2 bathrooms, and 2,342 square feet of living space. Listed at $565,000 (about $241/sqft), 126 days on market. Flood zone x - outside the FEMA high-risk areas, which keeps insurance manageable. HOA runs $500 annually.

From the listing

Nestled in the desirable gated community of Summit Downs within Ocala Downs, this beautiful home offers privacy, comfort, and scenic surroundings at the back of a charming mini-farm community. Situated on 1.24 acres, this spacious 3-bedroom, 2-bath home features 2,342 square feet of thoughtfully designed living space. The upgraded kitchen is a true centerpiece with quality finishes and ample space for entertaining. Custom plantation shutters throughout the home add timeless elegance and style. The oversized primary suite offers a relaxing retreat with an upgraded ensuite bathroom and large walk-in closets. Step outside to the expansive screened patio overlooking a peaceful horse farm, creating the perfect setting to enjoy quiet mornings or evening sunsets. With beautiful views, upscale features, and plenty more to appreciate, this home is a must-see!

The essentials

Built
2002
Price / sqft
$241
On market
139 days
Annual tax
$6,842
HOA
$500/yr
Flood zone
X · Low risk
Lot
54,014 sqft
Type
Single Family Residence

At a glance

Single family
Built 2002
2 car garage
1.24 acres
Lot size
2,342 sqft
Living area

Payment

Est. monthly payment
$3,841/mo
Down payment (20%)
$113,000
Property taxes
$570/mo
HOA
$500/yr
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
2002
Lot
54,014 sqft
Cooling
Central Air
Heating
Electric
Parking
-
Days on Market
139
Ceiling Fans(s)
Crown Molding
Eat-in Kitchen
Kitchen/Family Room Combo
L Dining
Split Bedroom
Walk-in Closet(s)
Gated Community - No Guard
Bar Fridge
Dishwasher
Dryer
Ice Maker
Microwave
Refrigerator
Washer
Water Softener
Homestead exemption on file Flood Zone x
Annual Tax (2025)
$6,842
Parcel #
08480-002-08

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
Summit Downs
County
Marion
MLS Area
34475 - Ocala
Lot Size
54,014 sqft
HOA
$500/yr
Don Godshall

Price history

Date
Event
Price
5/23/2026
Listed for sale
Source: Stellar MLS #OM725303
$565,000
$241/sqft

Neighborhood

1989 NW 111th Loop
Ocala, FL, 34475 · 34475 - Ocala

Market insights

Offer Insights

Choose an offer strength

List price: $565,000
$560,000 – $565,000
99.5% – 100% of listTops out right at the list price
80% of listList price
43 of the last 83 home closings in 34475 landed at this number or higher (52%). The median one sat 54 days before it went under contract, and this one is on day 139.

Sample: 83 closed home sales in 34475 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$3,841/mo
Principal & interest$2,947
Property taxes$570
Insurance$283
HOA$42
Down payment20% · $113,000
Interest rate6.80%
Loan term

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Put in your household income and we will tell you where this payment sits.

Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. HOA is the fee reported on the listing. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$565,000

$241 per sq ft

Beds and baths

3 beds, 2 baths

Size

2,342 sq ft

Time on market

139 days

Year built

2002

Monthly payment

About $3,841/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $6,842 annual tax bill, insurance, and the $500/yr HOA fee.

HOA fee

$500/yr

Managed by Don Godshall.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

What should I offer?

Have another question?

Brokered byR N B REALTYListing agent: Lisa TolerListing data from Stellar MLS, MLS# OM725303.

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