NOT LISTED FOR SALE

3840 SW 116th Terrace Ocala, FL 34481

Rolling Hills Neighborhood

Estimated Value: $276,000 - $352,000

3 Beds
2 Baths
1,329 Sq Ft
$234/Sq Ft Est. Value

Last Sold October 16, 2015

Last sale price $123,800 $93 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $1,880/month

5 Days on Market

Highlights

  • Race Track
  • Central Air
  • 3 Car Garage
  • No HOA
  • Water Softener
  • Wood Fence

About This Home

As of October 2015

Fenced and gated 3/2 home on over 2 acres with 3-car carport and detached garage. Located 5 minutes from West Port High School and surrounded by beautiful horse farms.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $963

Year Built

  • Built in 1995

Lot Details

  • 2.03 Acre Lot
  • Wood Fence
  • Wire Fence
  • Cleared Lot
  • Property is zoned R-1 Single Family Dwellin

Parking

  • 3 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,329 Sq Ft Home
  • 1-Story Property

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Horse Facilities and Amenities

  • Race Track

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Water Softener
  • Septic Tank

Community Details

  • No Home Owners Association
  • Rolling Hills Subdivision

Listing and Financial Details

  • Property Available on 7/28/15
  • Legal Lot and Block 10 / 148
  • Assessor Parcel Number 3495-148-010

Home Details

Home Type

Single Family

Est. Annual Taxes

$963

Year Built

Built in 1995

Lot Details

0

Parking

3

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame, Stucco
  • Fireplace: No
  • Living Area: 1329
  • Lot Size Acres: 2.03
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 3114
  • Lot Size Sq Ft: 88427
  • Directions to Property: From FL- 40 West, left onto SW 110th ave, right onto SW 38th St, then take 3rd left onto SW 116th Terrace, house is on the right, look for sign.
  • Status: Sold
  • Street Direction: SW
  • List Office Head Office Key Nume: 1044878
  • RATIO Current Price By Calculate: 93.15
  • Total Acreage: 2 to less than 5
  • Water Access YN: 0
  • Barn Features: None
  • Attribution Contact: 352-854-9717
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer, Water Softener
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 3840
  • Living Area Meters: 123.47
  • Room Count: 0

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-1 Single Family Dwellin
  • Parcel Number: 3495-148-010
  • Additional Parcels: No
  • Fencing: Chain Link, Wire, Wood
  • Lot Features: Cleared, Paved, Unpaved
  • Horse Amenities: None, Race Track
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2015-07-28
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 963.43
  • Tax Block: 148
  • Tax Book Number: L-077
  • Tax Lot: 10

Multi Family

  • Total Num Buildings: 0
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 1, 2016
Bought by
Jordan Amanda
Total Days on Market
5
Current Estimated Value
$311,158

Purchase Details

Listed on
Jul 28, 2015
Closed on
Oct 16, 2015
Sold by
Duncan Joe and Duncan Bola Joe
Bought by
Jordan Amanda
List Price
$119,900
Sold Price
$123,800
Premium/Discount to List
$3,900
3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.92%
Original Mortgage
$121,557
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Listed on
Jul 28, 2015
Closed on
Aug 27, 2015
Sold by
Duncan Janet and Duncan Janet L
Bought by
Duncan Joe and Duncan Bola Joe
List Price
$119,900
Sold Price
$123,800
Premium/Discount to List
$3,900
3.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,557
Interest Rate
4.5%
Mortgage Type
FHA
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
Jordan Amanda $100 --
Jordan Amanda $123,800 All American Land Title Ins
Duncan Joe -- All American Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jordan Amanda $121,557
Previous Owner Duncan Joe $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2015 10/16/15 Sold $123,800 +3.3% $93 / Sq Ft
08/03/2015 08/03/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $119,900 -- $90 / 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 $1,597 $120,516 $0 $0
2022 $1,548 $117,006 $0 $0
2021 $1,539 $113,598 $0 $0
2020 $1,524 $112,030 $0 $0
2019 $1,496 $109,511 $0 $0
2018 $1,419 $107,469 $0 $0
2017 $1,392 $105,259 $0 $0
2016 $1,355 $103,094 $0 $0
2015 $1,099 $86,939 $0 $0
2014 $1,004 $84,605 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: OM429301

Stellar MLS

APN: 3495-148-010

Florida Marion County Ocala 34481 Rolling Hills

3840 SW 116th Terrace, Ocala, FL

This home is located at 3840 SW 116th Terrace, Ocala, FL 34481 since 28 July 2015 and is currently estimated at $311,158, approximately $234 per square foot. This property was built in 1995. 3840 SW 116th Terrace is a home located in Marion County with nearby schools including Dunnellon Elementary School, Dunnellon Middle School, 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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