NOT LISTED FOR SALE

10982 SW 76th Terrace Ocala, FL 34476

Estimated Value: $161,000 - $186,000

2 Beds
2 Baths
1,032 Sq Ft
$168/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $168,000 $163 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,165/month

142 Days on Market

Highlights

  • Oak Trees
  • Gated Community
  • Open Floorplan
  • Active Adult
  • View of Trees or Woods
  • Clubhouse

About This Home

As of May 2024

Charming corner-lot home nestled within the active and highly desired Palm Cay 55+ Community nestled in the heart of Ocala. This delightful residence boasts two bedrooms and two bathrooms and is located right behind a water retention pond creating extra privacy. The two car garage offers ample space for parking vehicles and a practical solution for your storage needs, ensuring a well organized living space. This property is beautifully landscaped offering a serene and inviting ambiance. Home features a fully enclosed back porch which is flooded with tons of natural light! Enjoy a cup of coffee and revel in the sun-drenched charm of this delightful space. An ideal setting for relaxation and entertainment. Palm Cay is a gated community that offers a clubhouse, pool, tennis courts, community pool and more! There are community events and several clubs that are also available to its residents which are sure to keep you busy. Conveniently located next to HWY 200 where there is shopping, restaurants, medical offices and more! Roof 2014, Irrigation 2007, HVAC 2009.

Last Agent to Sell the Property

Jennifer Kovach

RIVERS 2 RANCHES REAL ESTATE License #3471764 Listed on: 12/09/2023

Last Buyer's Agent

Elaine Cooper

LPT REALTY, LLC. License #3574820

LPT REALTY, LLC.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $768

Year Built

  • Built in 1989

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x120
  • Southeast Facing Home
  • Mature Landscaping
  • Corner Lot
  • Level Lot
  • Irrigation
  • Cleared Lot
  • Oak Trees
  • Property is zoned B2

HOA Fees

  • $114 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Driveway
  • Guest Parking
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,032 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • L-Shaped Dining Room
  • Views of Woods
  • Laundry Room

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • 1 Septic Tank

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include 24-Hour Guard, pool, ground maintenance, recreational facilities, security
  • Jim Day Association, Phone Number (352) 482-0777
  • Palm Cay Unit 2 Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Community Pool

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$768

Year Built

Built in 1989

Lot Details

0

HOA Fees

$114 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Maintenance Grounds, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Vinyl Siding
  • Fireplace: No
  • Living Area: 1032
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 1662
  • Lot Size Sq Ft: 12196
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 154.40
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: SE 1st Ave
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 162.79
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, L Dining, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 95.88

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Rear Porch
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Covered, Driveway, Ground Level, Guest, Off Street

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 1
  • Number of Wells: 0

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Gated Community - Guard, Pool, Tennis Courts
  • Association Amenities: Clubhouse, Gated, Maintenance, Pool, Recreation Facilities, Security, Tennis Court(s)
  • Association Fee: 113.81
  • Association Fee Frequency: Monthly
  • Association Name: Jim Day
  • Phone: 352-482-0777
  • Association: Yes
  • Security: Gated Community
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Verify with property manager the restrictions that exist in regards to pets.
  • Association Fee Requirement: Required
  • Max Pet Weight: 35
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 1365.72
  • Total Monthly Fees: 113.81
  • Monthly HOA Amount: 113.81

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: 35774-007-06
  • Additional Parcels: No
  • Lot Features: Cleared, Corner Lot, Landscaped, Level, Sidewalk, Paved
  • Lot Dimensions: 100X120
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Dogs OK, Size Limit
  • Additional Lease Restrictions: Verify with property manager if the property can be leased and what restrictions exist.

Tax Info

  • Tax Annual Amount: 768
  • Tax Block: G
  • Tax Book Number: 001/009
  • Tax Lot: 6

Multi Family

  • Approval Process: 55+ Community. Association needs to verify age of occupants.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2023
Closed on
May 14, 2024
Sold by
Maynard Doris Lee
Bought by
Weller Mark and Weller Jody
Seller's Agent
Jennifer Kovach
RIVERS 2 RANCHES REAL ESTATE
Buyer's Agent
Elaine Cooper
LPT REALTY, LLC.
List Price
$184,900
Sold Price
$168,000
Premium/Discount to List
-$16,900
-9.14%
Views
771
Current Estimated Value
$173,174

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,174
Avg. Annual Appreciation
1.73%

Purchase Details

Listed on
Jun 20, 2016
Closed on
Aug 12, 2016
Sold by
Watson Ray W
Bought by
Maynard James Thomas and Maynard Doris Lee
Seller's Agent
Kathleen Van
RE/MAX FOXFIRE - HWY200/103 S
Buyer's Agent
Randy Shultz
RE/MAX PREMIER REALTY LADY LK
List Price
$79,999
Sold Price
$80,000
Premium/Discount to List
$1
0.001%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.02%
Original Mortgage
$73,260
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 20, 2016
Closed on
Aug 8, 2016
Sold by
Watson Ray W
Bought by
Maynard James Thomas and Maynard Doris Lee
Seller's Agent
Kathleen Van
RE/MAX FOXFIRE - HWY200/103 S
Buyer's Agent
Randy Shultz
RE/MAX PREMIER REALTY LADY LK
List Price
$79,999
Sold Price
$80,000
Premium/Discount to List
$1
0.001%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,260
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2016
Bought by
Maynard James Thomas

Purchase Details

Closed on
Apr 18, 2005
Sold by
Shewell Jean M
Bought by
Watson Ray W and Watson Wilma L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$42,550
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 30, 2000
Sold by
Smith Glen E and Smith Ruth E
Bought by
Shewell Jean M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,500
Interest Rate
7.94%
Source: Public Records
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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
Weller Mark $168,000 None Listed On Document
Maynard James Thomas -- None Available
Maynard James Thomas -- None Available
Maynard James Thomas $100 --
Watson Ray W $92,500 First American Title Ins Co
Shewell Jean M $59,500 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maynard James Thomas $73,260
Previous Owner Maynard James Thomas $73,260
Previous Owner Watson Ray W $42,550
Previous Owner Shewell Jean M $39,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2024 05/14/24 Sold $168,000 -3.9% $163 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
01/08/2024 01/08/24 Price Changed $174,900 -5.4% $169 / Sq Ft
12/09/2023 12/09/23 For Sale $184,900 +131.1% $179 / Sq Ft
08/09/2016 08/09/16 Sold $80,000 0.0% $78 / Sq Ft View Prior Sale
06/22/2016 06/22/16 Pending -- -- --
06/20/2016 06/20/16 For Sale $79,999 -- $78 / Sq Ft
Source: Stellar MLS

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
2025 $1,809 $124,493 -- --
2024 $808 $68,303 -- --
2023 $808 $66,314 -- --
2022 $787 $64,383 $0 $0
2021 $794 $62,508 $0 $0
2020 $793 $61,645 $0 $0
2019 $789 $60,259 $0 $0
2018 $761 $59,135 $0 $0
2017 $755 $57,919 $12,000 $45,919
2016 $659 $48,729 $0 $0
2015 $653 $48,390 $0 $0
2014 $627 $48,006 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM668886

Stellar MLS

APN: 35774-007-06

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