NOT LISTED FOR SALE

16397 SW 48th Cir Ocala, FL 34473

Estimated Value: $408,000 - $560,000

4 Beds
3 Baths
2,705 Sq Ft
$172/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $385,000 $142 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,099/month

1 Day on Market

Highlights

  • Vaulted Ceiling
  • No HOA
  • Walk-In Closet
  • Corner Lot
  • 2 Car Attached Garage
  • Tile Flooring

About This Home

As of August 2021

Welcome home to this stunning 4 bed/ 3 bath/ 2 car garage Marco Polo custom home that sits on a hill of a .37 acre Corner Lot! Entering through the beautiful leaded glass front door, you are greeted by the spaciousness of the foyer, elegant recessed ceiling with indirect lighting, an open floor plan, 10-foot high ceilings throughout and over 2,700 Sq Ft. of wonderful living space! There is no shortage of space in this bright and cheery home featuring large windows and two kitchen skylights to provide lots of natural light; a new HVAC installed in 2017, inside laundry with wash tub, storeroom off lanai for even more storage, a formal living room, family room, dining room and breakfast nook overlooking the alcoves, arches and Corian counters in the kitchen. The oversized Master Bedroom suite (15x19) provides more space than you could imagine. The luxurious master bathroom offers a jetted tub, his and her vanities, tiled walk in shower and walk-in closet. On the other side of the home, you will find 3 bedrooms including one that is a second master suite, perfect for an in law or teenager and a 4th bedroom that can easily be used as an office or playroom. Additional features include: ceiling fans in bedrooms, attic and kitchen. Ring camera doorbell, phone activated ADT security system with external cameras, sprinkler system and a well for irrigation. Relax in the screened enclosed lanai. It offers enough space for lounging or entertaining family and friends with no immediate rear neighbors, offering a great feeling of privacy. Only minutes to I-75 and SR 200 with easy access to outdoor activities, schools, hospitals, shopping and dining. This is Florida living at its finest and you will be dazzled by all that this spacious home has to offer! Don't wait, schedule your private tour today!

Last Agent to Sell the Property

Marcia Bright

FONTANA REALTY License #3217561 Listed on: 07/12/2021

Last Buyer's Agent

Gaiel Eagle

EAGLES HELPING HANDS REALTY License #671746

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,318

Year Built

  • Built in 2005

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 112x145
  • East Facing Home
  • Corner Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,705 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Attic Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Marion Oaks Un 05 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,318

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2705
  • Lot Size Acres: 0.37
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 4652
  • Lot Size Sq Ft: 16117
  • Directions to Property: From I75, west on Hwy 484 to left on Marion Oaks Blvd. (waterfall entrance) to right on Marion Oaks Manor to left on Marion Oaks Drive to right on 161st Street to property on the left - corner of 48th Circle.
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM623438?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM623438?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.01316
  • Price per Sq Ft: 142.33
  • Close to Original List Price Ratio: 1.01316
  • Ratio: Current Price\Building Area Total: 82.76
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Attic Fan, Ceiling Fans(s), High Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 16397
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • 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
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: R1
  • Parcel Number: 8005-0752-01
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Lot Dimensions: 112x145
  • Flood Zone Code: no

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 4317.89
  • Tax Block: 752
  • Tax Book Number: O-081,MARION
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2021
Closed on
Aug 30, 2021
Sold by
Watson James Andrea E
Bought by
Severe Anthoniel and Calixte Nelta
Seller's Agent
Marcia Bright
FONTANA REALTY
Buyer's Agent
Gaiel Eagle
EAGLES HELPING HANDS REALTY
List Price
$380,000
Sold Price
$385,000
Premium/Discount to List
$5,000
1.32%
Current Estimated Value
$463,924

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,924
Avg. Annual Appreciation
6.89%
Original Mortgage
$351,500
Outstanding Balance
$322,873
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$173,469

Purchase Details

Closed on
Aug 19, 2003
Sold by
P & G Properties Of Ocala Inc
Bought by
Watson James Andrea E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,995
Interest Rate
10%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 9, 2002
Sold by
State Of Florida/Marion County
Bought by
P & G Properties Of Ocala Inc
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
Severe Anthoniel $385,000 Brick City Ttl Ins Agcy Inc
Watson James Andrea E $13,000 --
P & G Properties Of Ocala Inc $4,610 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Severe Anthoniel $351,500
Previous Owner Watson James Andrea E $162,200
Previous Owner Watson James Andrea E $51,165
Previous Owner Watson James Andrea E $174,000
Previous Owner Watson James Andrea E $7,995
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $385,000 +1.3% $142 / Sq Ft
07/13/2021 07/13/21 Pending -- -- --
07/12/2021 07/12/21 For Sale $380,000 -- $140 / 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 $6,181 $388,619 $24,250 $364,369
2022 $5,976 $331,560 $18,500 $313,060
2021 $4,430 $132,814 $0 $0
2020 $4,318 $130,980 $0 $0
2019 $4,284 $128,035 $0 $0
2018 $4,192 $125,648 $0 $0
2017 $4,158 $123,064 $0 $0
2016 $1,779 $120,533 $0 $0
2015 $1,785 $119,695 $0 $0
2014 $1,692 $118,745 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM623438

Stellar MLS

APN: 8005-0752-01