NOT LISTED FOR SALE

16099 SW 42nd Terrace Ocala, FL 34473

Estimated Value: $415,000 - $522,000

3 Beds
2 Baths
2,632 Sq Ft
$171/Sq Ft Est. Value

Last Sold March 02, 2021

Last sale price $296,900 $113 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,000/month

7 Days on Market

Highlights

  • Screened Pool
  • 1.29 Acre Lot
  • Separate Formal Living Room
  • Custom Home
  • Vaulted Ceiling
  • Corner Lot

About This Home

As of March 2021

Your Own Personal Paradise! Featuring 1.29 acres of total enjoyment in this 3 bedroom, 2 bath beauty with a brand new roof and brand new paint! This home located in Marion Oaks boasts an office/den with double French doors, a central kitchen and formal dining room on one side and a breakfast nook on the other overlooking the pool and Jacuzzi with water fall. The pool area is totally enclosed with room for a party and cookout. One of the guest bedrooms with bath is handicap accessible with full 36 doors. To make your household easily serviceable a central vacuum system is included along with a complete laundry room with washer/dryer and laundry tub. Even the swimming pool features an automatic pool sweep. The 2 car garage has remote automatic opener, overhead storage and a work shop area. The new architectural shingle roof was completed in May 2020 and complete exterior paint completed January 2021. There is a fenced in yard for your pets and even a pet door from the enclosed pool area to make accommodations for every member of the family. The list goes on with this one owner home !

Last Agent to Sell the Property

Jim Head

ON TOP OF THE WORLD REAL EST License #300423 Listed on: 01/07/2021

Last Buyer's Agent

Jim Head

ON TOP OF THE WORLD REAL EST License #300423 Listed on: 01/07/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,124

Year Built

  • Built in 1999

Lot Details

  • 1.29 Acre Lot
  • Lot Dimensions are 125x451
  • Southwest Facing Home
  • Chain Link Fence
  • Mature Landscaping
  • Native Plants
  • Corner Lot
  • Irrigation
  • Additional Parcels
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Workshop in Garage
  • Tandem Parking
  • Garage Door Opener
  • Driveway

Home Design

  • Custom Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,632 Sq Ft Home
  • 1-Story Property
  • Coffered Ceiling
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Insulated Windows
  • Shades
  • Family Room
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Den
  • Utility Room
  • Pool Views

Kitchen

  • Range with Range Hood
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Brick
  • Concrete
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • In-Law or Guest Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Fire and Smoke Detector

Accessible Home Design

  • Visitor Bathroom
  • Accessible Bedroom

Eco-Friendly Details

  • Energy-Efficient Windows
  • Energy-Efficient HVAC
  • Energy-Efficient Insulation
  • Energy-Efficient Thermostat

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Pool is Self Cleaning
  • Green energy used to heat the pool or spa
  • Fence Around Pool
  • Pool Deck
  • Pool Sweep
  • Pool Tile
  • Auto Pool Cleaner
  • Pool Lighting
  • In Ground Spa

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Marion Oaks Elementary School
  • West Port High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Well
  • High-Efficiency Water Heater
  • Septic Tank
  • Phone Available

Community Details

  • Built by Marco-Polo
  • Marion Oaks Unit 5 Subdivision, Custom Floorplan

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Legal Lot and Block 7869 / 773
  • Assessor Parcel Number 8005-0773-07

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,124

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Green Landscaping: Fl. Friendly/Native Landscape
  • Construction Materials: Block, Stucco
  • Living Area: 2632.00
  • Homestead: Yes
  • Lot Size Acres: 1.29
  • Year Built: 1999
  • Accessibility Features: Accessible Bedroom, Visitor Bathroom
  • Building Area Total: 4427.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM613577?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM613577?w=Customer
  • Lot Size Sq Ft: 56375
  • Building Search Sq Meters: 411.28
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM613577?w=PubMLS
  • Directions to Property: Starting from SW HWY 200 go south on SW 9th St. to SW 49th Ave. Turn left on Marion Oaks Blvd and continue south to light at Hwy 484. Continue on Marion Oaks Blvd. Approx. 4.8 miles to SW 161st St. Turn left and the home is on your left approx.. 2 blocks on 42nd Terrace.
  • Escrow City: OCALA
  • Escrow Postal Code: 34481
  • Escrow State: FL
  • Escrow Street Name: SW 80TH STREET SUITE 11
  • Escrow Street Number: 8405
  • List Office Head Office Key Nume: 201224624
  • Status: Sold
  • Street Direction: SW
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 3
  • Living Area Units: Square Feet
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility, Interior In-Law Suite
  • Flooring: Brick/Stone, Concrete, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Coffered Ceiling(s), High Ceiling(s), Solid Surface Counters, Split Bedroom, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Ice Maker, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Insulated Windows, Shades, Window Treatments
  • Living Area Meters: 244.52
  • Street Number Modifier: 16099

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: Auto Cleaner, Deck, Gunite, In Ground, Lighting, Pool Sweep, Screen Enclosure, Self Cleaning, Tile
  • Exterior Features: Fenced, Irrigation System, Lighting, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Flood Zone Code: X
  • Home Warranty: Yes
  • Pool Private: Yes
  • View: Pool
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Road Surface Type: Asphalt, Paved

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Parking Pad, Tandem, Workshop in Garage

Utilities

  • Utilities: Electricity Connected, Phone Available, Public, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public, Well
  • Number Of Septics: 1
  • Number Of Wells: 1

Condo/Co-op/Association

  • Security: Security Lights, Smoke Detector(s)

Schools

  • Elementary School: Marion Oaks Elementary School
  • High School: West Port High School
  • Elementary School: Marion Oaks Elementary School
  • High School: West Port High School

Lot Info

  • Zoning Compatible: Yes
  • Total Acreage: 1 to less than 2
  • Zoning: R1
  • Parcel Number: 8005-0773-07
  • Additional Parcels: Yes
  • Fencing: Chain Link
  • Lot Features: Corner Lot, In County, Street Paved
  • Lot Dimensions: 125X451
  • Property Attached Yn: Yes
  • Lot Size Square Meters: 5237

Green Features

  • Efficiency: HVAC, Insulation, Pool, Thermostat, Water Heater, Windows

Building Info

  • Builder Name: Marco-Polo

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 2124.46
  • Tax Block: 773
  • Tax Book Number: 0/081
  • Tax Lot: 7869

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 17, 2024
Sold by
Rayess Tammy A and Oltz Robert Dennis
Bought by
Rayess Tammy A and Oltz Robert Dennis
Current Estimated Value
$450,549

Purchase Details

Closed on
Feb 26, 2024
Sold by
Rayess Rachid E and Rayess Tammy A
Bought by
Rayess Tammy A and Oltz Robert Dennis

Purchase Details

Listed on
Jan 7, 2021
Closed on
Feb 26, 2021
Sold by
Lombardo Giuseppe P and Lombardo Gail S
Bought by
Rayess Rachid E and Rayess Tammy A
Seller's Agent
Jim Head
ON TOP OF THE WORLD REAL EST
Buyer's Agent
Jim Head
ON TOP OF THE WORLD REAL EST
List Price
$296,400
Sold Price
$296,900
Premium/Discount to List
$500
0.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.47%
Original Mortgage
$237,250
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2016
Sold by
Lmbardo Giusepe P
Bought by
Giuseppe Lombardo Trust

Purchase Details

Closed on
Jul 1, 2016
Bought by
Lombardo Giuseppe Tr

Purchase Details

Closed on
Nov 29, 2011
Sold by
Lombardo Giuseppe
Bought by
Lombardo Giuseppe

Purchase Details

Closed on
Oct 25, 2001
Sold by
Kucera Marica R and Lombardo Marcia
Bought by
Lombardo Giuseppe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,965
Interest Rate
6.85%
Source: Public Records

Range of Values:

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List Price
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
Rayess Tammy A $100 None Listed On Document
Rayess Tammy A -- None Listed On Document
Rayess Tammy A -- None Listed On Document
Rayess Rachid E $296,900 Marion Title & Escrow Co
Giuseppe Lombardo Trust -- None Available
Lombardo Giuseppe Tr $100 --
Lombardo Giuseppe -- Attorney
Lombardo Giuseppe $72,050 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rayess Rachid E $237,250
Previous Owner Lombardo Giuseppe $142,965
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2021 03/02/21 Sold $296,900 +0.2% $113 / Sq Ft
01/14/2021 01/14/21 Pending -- -- --
01/07/2021 01/07/21 For Sale $296,400 -- $113 / 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 $7,329 $442,211 -- --
2023 $7,873 $426,089 $92,000 $334,089
2022 $7,287 $395,036 $67,200 $327,836
2021 $4,946 $248,149 $27,200 $220,949
2020 $2,213 $130,640 $0 $0
2019 $2,180 $127,703 $0 $0
2018 $2,088 $125,322 $0 $0
2017 $2,053 $122,744 $0 $0
2016 $2,013 $120,219 $0 $0
2015 $1,897 $117,020 $0 $0
2014 $1,817 $116,091 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Jim Head

    ON TOP OF THE WORLD REAL EST

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Map

Source: Stellar MLS

MLS Number: OM613577

Stellar MLS

APN: 8005-0773-07

Florida Marion County Ocala 34473

16099 SW 42nd Terrace, Ocala, FL

This home is located at 16099 SW 42nd Terrace, Ocala, FL 34473 since 07 January 2021 and is currently estimated at $450,549, approximately $171 per square foot. This property was built in 1999. 16099 SW 42nd Terrace is a home located in Marion County with nearby schools including Sunrise Elementary School, Horizon Academy At Marion Oaks, and Dunnellon 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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