NOT LISTED FOR SALE

Estimated Value: $156,000 - $171,000

2 Beds
2 Baths
864 Sq Ft
$188/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $155,000 $179 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,173/month

14 Days on Market

Highlights

  • Senior Community
  • Clubhouse
  • Rear Porch
  • Gated Community
  • Community Pool
  • 1 Car Attached Garage

About This Home

As of September 2022

Welcome to the Beautiful Community of Palm Cay! This 55+ Gated Community is small and intimate with just 795 homes and one of the areas most affordable! It Features a Clubhouse with a plethora of social and recreational activities going on all the time, a Gorgeous Pool, biking and walking trails and so much more! The home is Move In Ready and features 2 bedrooms and 2 baths with just under 1,000 sf of living space to Enjoy. Brand New Siding was just done and the Roof is only 1 year old! Spend time on your screened in back porch great for sipping that morning coffee or evening glass of wine! Ample yard space and cute rock landscaping around the home add lovely curb appeal. Located close to plenty of shopping and dining options as well as Golf Courses, Ocala National Forest, Lazy River Cruises, Equestrian Club and so much more! You do not want to miss your chance to call this place your Home! Buyer to verify all measurements, Call to schedule your showing today!

Last Agent to Sell the Property

Katherine Nguyen

THE NAVY HOUSE License #3342018 Listed on: 08/04/2022

Last Buyer's Agent

Christie Casey

PROFESSIONAL REALTY OF OCALA License #3427605

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $730

Year Built

  • Built in 1989

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 83x120
  • East Facing Home
  • Landscaped with Trees
  • Property is zoned B2

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Screened Patio
  • Rear Porch

Location

  • City Lot

Schools

  • Marion Oaks Elementary School
  • Liberty Middle School
  • West Port High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Jim Day Association
  • Palm Cay 02 Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$730

Year Built

Built in 1989

Lot Details

0

HOA Fees

$105 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Concrete, Other, Vinyl Siding
  • Fireplace: No
  • Living Area: 864
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1989
  • Lot Size Sq Ft: 10019
  • Directions to Property: FL-408 W toward Orlando Toll road 4.6 mi Keep left at the fork to stay on FL-408 W Toll road 12.9 mi Take the exit onto Florida's Turnpike toward Ocala Toll road 43.2 mi Merge onto I-75 N 11.9 mi Take exit 341 for Marion Cnty 484 toward Belleview/Dunnellon 0.2 mi Keep left at the fork to continue toward SW Hwy 484 115 ft Turn left onto SW Hwy 484 Pass by Subway (on the right) 8.7 mi Turn right onto SW 95th Cir 0.6 mi Turn right onto FL-200 0.9 mi Turn right onto SW 106th Pl Partial restricted usage road 1.0 mi Turn right onto SW 80th Ave Restricted usage road 361 ft SW 80th Ave turns left and becomes SW 107th Pl Restricted usage road 0.2 mi Turn right onto SW 78th Ave Restricted usage road Destination will be on the left
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6046705?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O6046705?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.88622
  • Price per Sq Ft: 179.4
  • Close to Original List Price Ratio: 0.88622
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 10877
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Pool Features: Other
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Other, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Pool
  • Association Amenities: Clubhouse, Pool
  • Association Fee: 104.7
  • Association Fee Frequency: Monthly
  • Association Name: Jim Day
  • Association: Yes
  • Senior Community: Yes
  • Association Email: jim@heritagemanagement.net
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

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

Schools

  • Elementary School: Marion Oaks Elementary School
  • High School: West Port High School
  • Middle Or Junior School: Liberty Middle School

Lot Info

  • Zoning: B2
  • Parcel Number: 35774-006-07
  • Additional Parcels: No
  • Lot Features: City Lot, In County
  • Lot Dimensions: 83x120
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Breed Restrictions, Size Limit
  • Pet Size: Medium (36-60 Lbs.)
  • Minimum Lease: No Minimum
  • Approval Process: Contact HOA for full list of requirements, approval process, fees, etc. Seller is an investor and is unaware of all the rules and regulations that may apply.
  • Pet Restrictions: Contact HOA for full details.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Contact HOA for all Restrictions and details.

Tax Info

  • Tax Annual Amount: 730.34
  • Tax Block: F
  • Tax Book Number: 001-009
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 4, 2022
Closed on
Sep 9, 2022
Sold by
Alert Homes Llc
Bought by
Mcgill Lisa Anne and Mcgill John William
Seller's Agent
Katherine Nguyen
THE NAVY HOUSE
Buyer's Agent
Christie Casey
PROFESSIONAL REALTY OF OCALA
List Price
$174,900
Sold Price
$155,000
Premium/Discount to List
-$19,900
-11.38%
Total Days on Market
14
Views
7
Current Estimated Value
$162,081

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,081
Avg. Annual Appreciation
1.65%

Purchase Details

Closed on
Mar 18, 2022
Sold by
Alert Homes Llc
Bought by
Alert Homes Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 6, 2016
Closed on
Apr 12, 2017
Sold by
Pab Holdings Llc
Bought by
Baker David W
Seller's Agent
Kim Davis
KIM DAVIS REALTY
Buyer's Agent
KELLY GILMAN
RE/MAX FOXFIRE - HWY 40
List Price
$78,000
Sold Price
$70,000
Premium/Discount to List
-$8,000
-10.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%
Original Mortgage
$70,000
Interest Rate
4.1%
Mortgage Type
VA

Purchase Details

Closed on
Oct 28, 2016
Sold by
Kelson Virginia M
Bought by
Pab Holdings Llc
Source: Public Records

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Range of Values:

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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
Mcgill Lisa Anne $155,000 Southern Title & Abstract
Alert Homes Llc -- Southern Title & Abstract
Baker David W $70,000 First International Title In
Pab Holdings Llc $44,300 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alert Homes Llc $117,000
Previous Owner Baker David W $70,000
Previous Owner Kelson Virginia M $30,000
Previous Owner Kelson Darrell D $14,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $155,000 -11.4% $179 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
08/04/2022 08/04/22 For Sale $174,900 +149.9% $202 / Sq Ft
03/07/2022 03/07/22 Off Market $70,000 -- --
04/12/2017 04/12/17 Sold $70,000 -10.3% $81 / Sq Ft
03/16/2017 03/16/17 Pending -- -- --
12/06/2016 12/06/16 For Sale $78,000 -- $90 / 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
2023 $2,490 $138,815 $45,000 $93,815
2022 $726 $67,127 $0 $0
2021 $730 $65,172 $0 $0
2020 $728 $64,272 $0 $0
2019 $724 $62,827 $0 $0
2018 $699 $61,656 $22,000 $39,656
2017 $1,103 $50,301 $12,000 $38,301
2016 $1,046 $47,393 $0 $0
2015 $992 $43,732 $0 $0
2014 $509 $41,060 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6046705

Stellar MLS

APN: 35774-006-07