NOT LISTED FOR SALE

10720 SW 85th Terrace Ocala, FL 34481

Estimated Value: $183,000 - $242,000

2 Beds
2 Baths
1,282 Sq Ft
$157/Sq Ft Est. Value

Last Sold April 25, 2022

Last sale price $230,000 $179 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,192/month

15 Days on Market

Highlights

  • Active Adult
  • View of Trees or Woods
  • Community Pool
  • Gated Community
  • Open Floorplan
  • Covered Patio or Porch

About This Home

As of April 2022

Truly one of kind! There is not another home like this one in Palm Cay! Stunningly renovated and landscaped, this home has the 'wow factor' and functional livability that's hard to find in adult communities. The home is a rare find with the split design and open floor plan. This 2 bedroom, 2 bathroom, 2 car garage home is easy to move around in and provides many incredible views from every window. Enjoy sunsets and sunrises on your screened porch – with nature views behind you (no rear neighbors!). Cook in your updated kitchen with new appliances, two tub extra deep sink, trash pull out drawers, and dimmable lighting. Both bathrooms have been updated with new vanities, lighting, exhaust fans and soft close higher sitting Kohler toilets. Master bathroom has new shower treatment 2019. Both bedrooms have new closet systems installed that provide a more upscale appearance than the typical white rack shelving. All new cork backed vinyl flooring through the entire house. New front door, garage door to utility room that has screen and window and new master bedroom door (all with digital lock features). New Roof in 2014, New AC 2018. New circuit board installed 2019. All new outlets and light switches installed 2019. New insulation blown in over kitchen and garage area. All LED lighting put in place through entire home. Landscape has drip irrigation system operated by timers so you are free to enjoy the home and not spend time watering the plants. Garage is two car with addition space at front for work area. This is a move in ready home that need nothing but you! Come enjoy Florida, or move across town to the envied Palm Cay. With many amenities including, but not limited to, community pool, GATED and GUARDED entrance, community events and so much more, You'll always have something to do! Call for your private showing today. This one won’t last long.

Last Agent to Sell the Property

Ron & Dawn Padot

HOMERUN REALTY License #3313935 Listed on: 02/21/2022

HOMERUN REALTY

Last Buyer's Agent

Paul Wulf

OLYMPUS EXECUTIVE REALTY INC License #3120983

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,070

Year Built

  • Built in 1989

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 84x125
  • South Facing Home
  • Property is zoned R1

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Workshop in Garage

Home Design

  • Slab Foundation
  • Steel Frame
  • Shingle Roof

Interior Spaces

  • 1,282 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Skylights
  • Views of Woods

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Cork
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include 24-hour guard, community pool
  • Palm Cay Homeowners Associates Association, Phone Number (352) 873-6000
  • Palm Cay Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,070

Year Built

Built in 1989

Lot Details

0

HOA Fees

$105 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Metal Frame
  • Fireplace: No
  • Living Area: 1282
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 1970
  • Lot Size Sq Ft: 10454
  • Directions to Property: Turn into Palm Cay from SR200. Drive straight until you reach the guarded gate. After you leave the guard station make your immediate right. House is 4th house on the right.
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM634609?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM634609?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.00218
  • Price per Sq Ft: 179.41
  • Close to Original List Price Ratio: 1.00218
  • Ratio: Current Price\Building Area Total: 116.75
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Cork, Other, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Skylight(s), Split Bedroom
  • Appliances Included: Dishwasher, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 10720

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting, Other
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Workshop in Garage
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated Community
  • Association Amenities: Gated, Pool
  • Association Fee: 104.7
  • Association Fee Frequency: Monthly
  • Association Name: Palm Cay Homeowners Associates
  • Phone: 352-873-6000
  • Association: Yes
  • Senior Community: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1256.4
  • Monthly HOA Fee: 104.7
  • Total Monthly Fees: 104.7

Lot Info

  • Zoning: R1
  • Parcel Number: 35773-006-04
  • Additional Parcels: No
  • Fencing: Other
  • Lot Dimensions: 84x125
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: Buyer to verify with the HOA.
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Buyer to verify with the HOA.

Tax Info

  • Tax Annual Amount: 1070.5
  • Tax Block: F
  • Tax Book Number: Y-049
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 17, 2025
Sold by
Sacco Vincent D and Cinquemani-Sacco Mary
Bought by
Sacco Vincent D and Cinquemani-Sacco Mary
Current Estimated Value
$201,209

Purchase Details

Listed on
Feb 9, 2019
Closed on
Feb 22, 2019
Sold by
Fischer Robert T and Fischer Andrea
Bought by
Daugherty Dean M
Seller's Agent
David Lineberger
KELLER WILLIAMS CORNERSTONE RE
Buyer's Agent
Ron & Dawn Padot
HOMERUN REALTY
List Price
$117,700
Sold Price
$113,700
Premium/Discount to List
-$4,000
-3.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.52%

Purchase Details

Closed on
Nov 6, 2007
Sold by
Fischer Robert T
Bought by
Fischer Robert T and Fischer Andrea

Purchase Details

Closed on
Jan 31, 2001
Sold by
Dambrosio Virginia P
Bought by
Fischer William M and Fischer Myrtle B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Sacco Vincent D -- None Listed On Document
Daugherty Dean M $113,700 Affiliated Title Of Central
Fischer Robert T -- Attorney
Fischer Robert T -- Attorney
Fischer William M $61,000 Associated Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fischer William M $32,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2022 04/25/22 Sold $230,000 +102.3% $179 / Sq Ft
03/09/2022 03/09/22 Pending -- -- --
03/07/2022 03/07/22 Off Market $113,700 -- --
02/21/2022 02/21/22 For Sale $229,500 +101.8% $179 / Sq Ft
02/22/2019 02/22/19 Sold $113,700 -3.4% $89 / Sq Ft
02/13/2019 02/13/19 Pending -- -- --
02/09/2019 02/09/19 For Sale $117,700 -- $92 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $302 $169,237 $44,000 $125,237
2023 $302 $181,402 $45,000 $136,402
2022 $1,081 $89,196 $0 $0
2021 $1,071 $86,598 $0 $0
2020 $1,058 $85,402 $27,200 $58,202
2019 $1,613 $83,471 $27,200 $56,271
2018 $1,427 $73,235 $22,000 $51,235
2017 $1,295 $62,246 $12,000 $50,246
2016 $1,232 $56,442 $0 $0
2015 $1,142 $51,311 $0 $0
2014 $1,001 $46,646 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM634609

Stellar MLS

APN: 35773-006-04