NOT LISTED FOR SALE

1940 NW 111th Loop Ocala, FL 34475

Northwest Ocala Neighborhood

Estimated Value: $483,943 - $577,000

4 Beds
1.5 Baths
2,031 Sq Ft
$257/Sq Ft Est. Value

Last Sold December 19, 2014

Last sale price $182,000 $90 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $3,064/month

157 Days on Market

Highlights

  • Race Track
  • 1.05 Acre Lot
  • Wood Flooring
  • Screened Pool
  • Private Lot
  • Formal Dining Room

About This Home

As of December 2014

Beautiful 2-Story Brick home on 1-acre in Summit Downs! Home features 4 bedrooms, 2.5 bathrooms, Formal Living & Dining Rooms, Eat-in Kitchen and Family Room with Brick Fireplace and custom bookshelves. Laundry Room has cabinets for storage and laundry tub. Screen inground pool with nice size patio. Home has been freshly painted and has new carpet. New Septic Drainfields installed May 2013.

Last Agent to Sell the Property

Donna Dunaway

CENTURY 21 AFFILIATES License #0568939 Listed on: 05/23/2014

CENTURY 21 AFFILIATES

Last Buyer's Agent

Tana Darley

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #682731

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,224

Year Built

  • Built in 1999

Lot Details

  • 1.05 Acre Lot
  • Lot Dimensions are 196x233
  • Private Lot
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned A-3 Residential Agricultu

HOA Fees

  • $25 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,031 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Formal Dining Room
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Schools

  • Fessenden Elementary School
  • North Marion Middle School
  • North Marion High School

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Additional Features

  • Screened Patio
  • Race Track

Community Details

  • Association fees include ground maintenance
  • Summit Downs Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Property Available on 5/23/14
  • Legal Lot and Block 2 / C
  • Assessor Parcel Number 08480-003-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,224

Year Built

Built in 1999

Lot Details

0

HOA Fees

$25 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Brick, Frame
  • Fireplace: Yes
  • Living Area: 2031
  • Lot Size Acres: 1.05
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 2537
  • Lot Size Sq Ft: 45738
  • Directions to Property: North on Hwy 441, T/L into Ocala Downs Main Entrance (NW 114th Loop), T/L NW 17th Court Road (Summit Downs Main Entrance), T/L NW 111th Loop to house on Right.
  • Status: Sold
  • Street Direction: NW
  • List Office Head Office Key Nume: 529793714
  • RATIO Current Price By Calculate: 89.61
  • Total Acreage: One + to Two Acres
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2015-01-25T00:00:00.000
  • Tax Year: 2018
  • Special Features: 1088

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen
  • Appliances Included: Dishwasher, Microwave, Range
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 1940
  • Additional Rooms: Formal Dining Room Separate
  • Room Count: 0

Exterior Features

  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: Yes
  • Patio and Porch Features: Screened
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Other
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 25
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 25.00

Schools

  • Elementary School: Fessenden Elementary School
  • High School: North Marion High School
  • Middle Or Junior School: North Marion Middle School

Lot Info

  • Zoning: A-3 Residential Agricultu
  • Parcel Number: 08480-003-002
  • Additional Parcels: No
  • Lot Features: Cleared, Paved, Private
  • Lot Dimensions: 196x233
  • Horse Amenities: None, Race Track
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2014-05-23
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 2223.91
  • Tax Block: C
  • Tax Book Number: 005-003
  • Tax Lot: 2

Multi Family

  • Total Num Buildings: 0
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 25, 2017
Sold by
Hall Dale W and Hall Rebecca
Bought by
Hall Dale W and Hall Reebecca
Current Estimated Value
$522,736

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Outstanding Balance
$158,082
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$364,654

Purchase Details

Listed on
May 23, 2014
Closed on
Dec 19, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hall Dale W
Seller's Agent
Donna Dunaway
CENTURY 21 AFFILIATES
Buyer's Agent
Tana Darley
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$254,900
Sold Price
$182,000
Premium/Discount to List
-$72,900
-28.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$175,925
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 11, 2013
Sold by
Hoffner David T
Bought by
Jpmorgan Chase Bank National Association
Source: Public Records

Range of Values:

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Average Value
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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
Hall Dale W $94,500 National Title Agency Inc
Hall Dale W $182,000 Consumer Title & Escrow Svcs
Federal Home Loan Mortgage Corporation -- None Available
Jpmorgan Chase Bank National Association $168,200 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Dale W $189,000
Previous Owner Hall Dale W $175,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Off Market $182,000 -- --
12/19/2014 12/19/14 Sold $182,000 -28.6% $90 / Sq Ft
10/27/2014 10/27/14 Pending -- -- --
05/23/2014 05/23/14 For Sale $254,900 -- $126 / 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 $3,309 $232,365 -- --
2023 $3,227 $225,597 $0 $0
2022 $3,135 $219,026 $0 $0
2021 $2,975 $203,009 $0 $0
2020 $2,951 $200,206 $0 $0
2019 $2,907 $195,705 $0 $0
2018 $2,754 $192,056 $0 $0
2017 $2,703 $188,106 $0 $0
2016 $2,659 $184,237 $0 $0
2015 $2,677 $182,956 $0 $0
2014 $3,574 $210,103 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2014

    Donna Dunaway

    CENTURY 21 AFFILIATES

    (800) 393-2101

    1 Total Sale

    Donna Dunaway
    Section Image
  • Tana Darley

    Buyer's Agent in 2014

    Tana Darley

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 724-0550

    2 in this area

    41 Total Sales

    Tana Darley
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM408233

Stellar MLS

APN: 08480-003-02

Florida Marion County Ocala 34475 Northwest Ocala

1940 NW 111th Loop, Ocala, FL

This home is located at 1940 NW 111th Loop, Ocala, FL 34475 since 23 May 2014 and is currently estimated at $522,736, approximately $257 per square foot. This property was built in 1999. 1940 NW 111th 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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