NOT LISTED FOR SALE

1480 NW 114th Loop Ocala, FL 34475

Northwest Ocala Neighborhood

Estimated Value: $976,000 - $1,388,000

3 Beds
3 Baths
2,612 Sq Ft
$461/Sq Ft Est. Value

Last Sold June 27, 2022

Last sale price $1,177,500 $451 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,662/month

Highlights

  • Stables
  • Oak Trees
  • Gated Community
  • Horses Allowed in Community
  • Screened Pool
  • 11.7 Acre Lot

About This Home

As of June 2022

This thoughtfully designed 11.7 acre horse property is located in the gated community of Ocala Downs in Northwest Ocala. Situated on a gently rolling corner lot with elevated home and barn overlooking six meticulously maintained pastures. The gated entryway leads through the magnolia lined drive to the circular drive and 3/3 + office, 2,600+ sqft pool home. Double door entryway opens to the very functional semi-open split bedroom floor plan including an office with a separate entry, perfect for a home business. Sliding glass doors open to the pool deck from the formal living, family room, main bedroom and guest bedroom plus guest bath access. The abundant horse amenities of this property include a six stall, center aisle, concrete block barn with tack room, feed room and full bathroom. The six 12' x 12' stalls (currently set up as 5 stalls, one foaling) are matted and feature exterior windows and doors. Adjacent to the barn is a 65' round pen with shade, 100' x 190' arena with LED lighting and viewing deck, wash rack, a two bay workshop for equipment, hay, shavings, etc. and a climate controlled studio. Updates include: new roof on home and barn in 2017, new A/C in 2020 and new hot water heater 2022. Ocala Downs offers a gorgeous gated entryway, bridle paths and walking trails, cable internet service and is conveniently located 6 minutes to shopping/dining and within 25 minutes of all major shopping, dining, entertainment and equestrian venues including the World Equestrian Center. Please enjoy the attached video tour and 3D tour. Virtual showings also available!

Last Agent to Sell the Property

Cory Freilich

REMAX/PREMIER REALTY License #3302743 Listed on: 05/25/2022

REMAX/PREMIER REALTY

Last Buyer's Agent

Jeff Wood

PEGASUS REALTY & ASSOC INC License #3020345

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,241

Year Built

  • Built in 1995

Lot Details

  • 11.7 Acre Lot
  • Property fronts a private road
  • North Facing Home
  • Cross Fenced
  • Wood Fence
  • Board Fence
  • Corner Lot
  • Cleared Lot
  • Oak Trees
  • Property is zoned A2

HOA Fees

  • $92 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side Facing Garage
  • Circular Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,612 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Den
  • Inside Utility
  • Laundry Room
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool
  • Outside Bathroom Access

Outdoor Features

  • Screened Patio
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Rear Porch

Farming

  • Center Aisle Barn
  • Barn Office
  • Horse or Livestock Barn
  • Feed Room
  • Pasture

Horse Facilities and Amenities

  • Wash Rack
  • Zoned For Horses
  • Paddocks: 6
  • Tack Room
  • Round Pen
  • Stables

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Propane
  • Water Filtration System
  • Well
  • Water Softener
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include private road
  • Patty Mitchell Association, Phone Number (352) 875-5187
  • Ocala Downs Subdivision

Recreation

  • Horses Allowed in Community
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,241

Year Built

Built in 1995

Lot Details

0

HOA Fees

$92 per month

Parking

2

Listing Details

  • HOA Fee Includes: Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 2612
  • Lot Size Acres: 11.7
  • New Construction: No
  • Year Built: 1995
  • Lot Size Sq Ft: 509652
  • Directions to Property: Take US Hwy 301/441 North. T/L on NW 114th Loop. Property on Left.
  • Status: Sold
  • Street Direction: NW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM639816?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM639816?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 10 to less than 20
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 450.8
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Family Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Refrigerator, Water Filtration System, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 1480
  • Room Count: 8
  • Additional Rooms: Den/Library/Office, Inside Utility

Exterior Features

  • Direction Faces: North
  • Other Structures: Barn Office, Horse Barn, Barn(s), Storage, Workshop
  • Pool Features: Gunite, In Ground, Outside Bath Access, Salt Water, Screen Enclosure
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Road Frontage Type: Private Road
  • Waterfront: No
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Number Of Wells: 1
  • 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: Circular Driveway, Garage Faces Side
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Propane, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 2
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Horses Allowed
  • Association Amenities: Gated, Trail(s)
  • Association Fee: 1100
  • Association Fee Frequency: Annually
  • Association Name: Patty Mitchell
  • Phone: 352-875-5187
  • Association: Yes
  • Security: Gated Community, Security System Owned
  • Senior Community: No
  • Association Email: pattylesauvage@hotmail.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1100
  • Monthly HOA Fee: 91.67
  • Total Monthly Fees: 91.67

Lot Info

  • Zoning: A2
  • Parcel Number: 08482-003-14
  • Additional Parcels: No
  • Current Use: Horses
  • Fencing: Board, Cross Fenced, Wood
  • Lot Features: Cleared, Corner Lot, Pasture, Zoned for Horses
  • Horse Amenities: Center Aisle, Feed Room, Hot Water, Tack Room, Wash Rack, Round Pen, Stable(s)
  • Flood Zone Code: X
  • Zoning Compatible Y N: Yes
  • Number Of Paddocks Pastures: 6

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: Confirm with HOA
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Confirm with HOA

Tax Info

  • Tax Annual Amount: 4240.87
  • Tax Block: C
  • Tax Book Number: V-099
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jun 27, 2022
Sold by
Asselin-Connolly John T and Asselin-Connolly Susan M
Bought by
Davenport Bart L and Davenport Jennifer A
Seller's Agent
Cory Freilich
REMAX/PREMIER REALTY
Buyer's Agent
Jeff Wood
PEGASUS REALTY & ASSOC INC
List Price
$1,177,500
Sold Price
$1,177,500
Current Estimated Value
$1,204,136

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,636
Avg. Annual Appreciation
0.67%
Original Mortgage
$647,200
Outstanding Balance
$616,843
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$587,293

Purchase Details

Listed on
Mar 22, 2016
Closed on
Dec 20, 2016
Sold by
Hagner Eugene C
Bought by
Asselin Connolly John T and Asselin Connolly Susan M
Seller's Agent
Brian Cox
ROBERTS REAL ESTATE INC
Buyer's Agent
Pamela Allen
HORSE CAPITAL HOMES AND FARMS
List Price
$475,000
Sold Price
$365,000
Premium/Discount to List
-$110,000
-23.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.64%

Purchase Details

Closed on
Apr 28, 2004
Sold by
Whelan David J and Whelan Elizabeth P
Bought by
Hagner Eugene C and Hagner Dolores
Source: Public Records

Range of Values:

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Sold Price
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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
Davenport Bart L $1,177,500 Atlas Title
Asselin Connolly John T $365,000 1St Quality Title Llc
Hagner Eugene C $585,000 Advantage Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davenport Bart L $647,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/27/2022 06/27/22 Sold $1,177,500 0.0% $451 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $1,177,500 +222.6% $451 / Sq Ft
12/20/2016 12/20/16 Sold $365,000 -23.2% $140 / Sq Ft View Prior Sale
04/14/2016 04/14/16 Pending -- -- --
03/22/2016 03/22/16 For Sale $475,000 -- $182 / 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 $15,062 $877,355 -- --
2023 $12,896 $797,595 $292,500 $505,095
2022 $4,248 $285,321 $0 $0
2021 $4,241 $285,145 $0 $0
2020 $4,077 $266,881 $0 $0
2019 $4,013 $262,694 $0 $0
2018 $3,718 $251,264 $0 $0
2017 $4,504 $260,902 $25,891 $235,011
2016 $3,150 $210,694 $0 $0
2015 $3,171 $206,791 $0 $0
2014 $2,879 $203,123 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cory Freilich

    Seller's Agent in 2022

    Cory Freilich

    RE/MAX

    (352) 663-9799

    4 in this area

    143 Total Sales

    Cory Freilich
    Section Image
  • Jeff Wood

    Buyer's Agent in 2022

    Jeff Wood

    PEGASUS REALTY & ASSOC INC

    (352) 816-0404

    2 in this area

    125 Total Sales

    Jeff Wood
    Section Image
  • Brian Cox

    Seller's Agent in 2016

    Brian Cox

    ROBERTS REAL ESTATE INC

    (352) 812-4111

    1 in this area

    114 Total Sales

    Brian Cox
    Section Image
  • Pamela Allen

    Buyer's Agent in 2016

    Pamela Allen

    HORSE CAPITAL HOMES AND FARMS

    (352) 502-6160

    3 in this area

    127 Total Sales

    Pamela Allen
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM639816

Stellar MLS

APN: 08482-003-14

Florida Marion County Ocala 34475 Northwest Ocala

1480 NW 114th Loop, Ocala, FL

This home is located at 1480 NW 114th Loop, Ocala, FL 34475 since 25 May 2022 and is currently estimated at $1,204,136, approximately $461 per square foot. This property was built in 1995. 1480 NW 114th Loop is a home located in Marion County with nearby schools including Fessenden Elementary School, North Marion Middle School, and North Marion High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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