For sale

$565,000

1989 NW 111TH LOOP, OCALA, FL 34475

3beds

2,342sqft

$3,989/mo

Get pre-qualified

Single Family Residence

Built in 2002

1.24 Acres Lot

$547,600 Zestimate^®

$241/sqft

$42/mo HOA

What's special

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!

133 days
449
14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Primary bedroom

Features: Walk-In Closet(s)
Level: First
Area: 299 Square Feet
Dimensions: 13x23

Dining room

Level: First
Area: 130 Square Feet
Dimensions: 10x13

Family room

Level: First
Area: 300 Square Feet
Dimensions: 15x20

Kitchen

Features: Coat Closet
Level: First
Area: 308 Square Feet
Dimensions: 22x14

Living room

Level: First
Area: 210 Square Feet
Dimensions: 14x15

Heating

Electric

Cooling

Central Air

Appliances

Included: Bar Fridge, Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Washer, Water Softener
Laundry: Inside, Laundry Room

Features

Ceiling Fan(s), Crown Molding, Eating Space In Kitchen, Kitchen/Family Room Combo, L Dining, Split Bedroom, Walk-In Closet(s)
Flooring: Carpet, Ceramic Tile, Engineered Hardwood
Doors: French Doors
Has fireplace: Yes
Fireplace features: Gas

Interior area

Total structure area: 2,342
Total interior livable area: 2,342 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 2
Parking features: Garage - Attached
Attached garage spaces: 2

Features

Levels: One
Stories: 1
Exterior features: Irrigation System

Lot

Size: 1.24 Acres

Details

Parcel number: 0848000208
Zoning: A3
Special conditions: None

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Block, Stucco
Foundation: Block
Roof: Shingle

Condition

New construction: No
Year built: 2002

Utilities & green energy

Sewer: Septic Tank
Water: Well
Utilities for property: Electricity Connected, Propane

Community & HOA

Community

Features: Gated Community - No Guard
Pet fee: $0 monthly
Subdivision: SUMMIT DOWNS

HOA

Has HOA: Yes
HOA fee: $42 monthly
HOA name: Don Godshall
HOA phone: 347-992-0003

Location

Region: Ocala

Financial & listing details

Price per square foot: $241/sqft
Tax assessed value: $426,070
Annual tax amount: $6,842
Date on market: 5/24/2026
Cumulative days on market: 130 days
Ownership: Fee Simple
Total actual rent: 0
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

$547,600

$520,000 - $575,000

$3,114/mo

Price history

Date	Event	Price
5/24/2026	Listed for sale	$565,000+2.3%$241/sqft
Source: Stellar MLS #OM725303 Report a problem
12/2/2025	Sold	$552,500-2.2%$236/sqft
Source: Stellar MLS #OM683846 Report a problem
11/7/2025	Pending sale	$564,900$241/sqft
Source: Stellar MLS #OM683846 Report a problem
11/6/2025	Price change	$564,900-1.7%$241/sqft
Source: Stellar MLS #OM683846 Report a problem
7/27/2025	Price change	$574,900-0.9%$245/sqft
Source: Stellar MLS #OM683846 Report a problem
6/6/2025	Price change	$580,000-1.7%$248/sqft
Source: Stellar MLS #OM683846 Report a problem
3/29/2025	Price change	$589,900-1.7%$252/sqft
Source: Stellar MLS #OM683846 Report a problem
3/1/2025	Price change	$599,999-0.8%$256/sqft
Source: Stellar MLS #OM683846 Report a problem
12/6/2024	Price change	$604,900-0.8%$258/sqft
Source: Stellar MLS #OM683846 Report a problem
8/14/2024	Listed for sale	$609,900-2.4%$260/sqft
Source: Stellar MLS #OM683846 Report a problem
8/9/2024	Listing removed	--
Source: Stellar MLS #OM672654 Report a problem
7/18/2024	Price change	$624,900-3.9%$267/sqft
Source: Stellar MLS #OM672654 Report a problem
5/11/2024	Price change	$649,999-5.1%$278/sqft
Source: Stellar MLS #OM672654 Report a problem
4/11/2024	Price change	$684,900-2.2%$292/sqft
Source: Stellar MLS #OM672654 Report a problem
2/13/2024	Listed for sale	$699,999+21.7%$299/sqft
Source: Stellar MLS #OM672654 Report a problem
5/13/2022	Sold	$575,000-3.4%$246/sqft
Source: Public Record Report a problem
4/8/2022	Pending sale	$595,000$254/sqft
Source: Stellar MLS #OM634175 Report a problem
3/29/2022	Price change	$595,000-0.7%$254/sqft
Source: Stellar MLS #OM634175 Report a problem
2/12/2022	Listed for sale	$599,000+1312.7%$256/sqft
Source: Stellar MLS #OM634175 Report a problem
7/24/2001	Sold	$42,400+8.7%$18/sqft
Source: Public Record Report a problem
12/7/2000	Sold	$39,000+11.4%$17/sqft
Source: Public Record Report a problem
7/20/2000	Sold	$35,000$15/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,054 -7.8%	$426,070 -9.4%
2024	$7,650 +16.9%	$470,367 +7.8%
2023	$6,546 +81.3%	$436,496 +75.2%
2022	$3,611 0%	$249,150 +3%
2021	$3,612 +0.8%	$241,893 +1.4%
2020	$3,583 +1.5%	$238,553 +2.3%
2019	$3,532	$233,190 +1.2%
2018	$3,532 +6.7%	$230,529 +2.1%
2017	$3,310 +0.7%	$225,787 +2.1%
2016	$3,286	$221,143 +0.7%
2015	$3,286 +5.8%	$219,606 +0.4%
2014	$3,105 +2.8%	$218,757 +1.5%
2013	$3,020 +2%	$215,524 +1.7%
2012	$2,961 +3.1%	$211,921 +3%
2011	$2,872 +0.8%	$205,749 +0.2%
2010	$2,848 +5.8%	$205,333 +2.7%
2009	$2,693 +1.7%	$199,935 +0.1%
2008	$2,647 -3.7%	$199,736 +3%
2007	$2,748 -6.7%	$193,919 +2.5%
2006	$2,944 -0.6%	$189,190 +3%
2005	$2,961	$183,680 +3%
2004	$2,961 +348%	$178,332 +457.3%
2002	$661 +38.3%	$32,000
2001	$478	--
2000	$478	--