NOT LISTED FOR SALE

5261 SW 116th Place Ocala, FL 34476

Estimated Value: $396,711 - $433,000

5 Beds
3 Baths
2,737 Sq Ft
$151/Sq Ft Est. Value

Last Sold July 20, 2023

Last sale price $414,900 $152 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,630/month

78 Days on Market

Highlights

  • Open Floorplan
  • Florida Architecture
  • High Ceiling
  • West Port High School Rated A-
  • Wood Flooring
  • L-Shaped Dining Room

About This Home

As of July 2023

Amazing 5/3 home in Kingsland Country. Located centrally to shopping and medical centers. Spacious, split floor plan with a formal
living and den area. Tile in all wet areas and high traffic areas and a big master bedroom with a sitting area with his and her sinks.
Also a vanity for her and a garden tub. Newer stainless stain appliances and washer, dryer. The nice size back yard is fenced in by a
vinyl privacy fence with a fire pit, outdoor furniture and a covered lanai. Its just waiting for its new owners and outdoor entertainment
and shed for storage. Interior Photos will be updated soon.

Last Agent to Sell the Property

Nicholas Josey

HOMERUN REALTY License #3453185 Listed on: 03/22/2023

HOMERUN REALTY

Last Buyer's Agent

William Archibald

ROUNTREE REALTY CORP. License #3303545

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,959

Year Built

  • Built in 2007

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 80x168
  • South Facing Home
  • Vinyl Fence
  • Landscaped
  • Oversized Lot
  • Cleared Lot
  • Property is zoned R1

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,737 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Sliding Doors
  • Living Room
  • L-Shaped Dining Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Schools

  • Marion Oaks Elementary School
  • Liberty Middle School
  • West Port High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • Kingsland Ocala Waterway Owners Association
  • Kingsland Country Estate Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,959

Year Built

Built in 2007

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2737
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 3463
  • Lot Size Sq Ft: 13504
  • Directions to Property: From SW Hwy 484 - Right on to Marion Oaks Course, Continue on Marion Oaks Trail, right on to SW 49th Ave. Left on to SW 116th Pl. Home will be on the right.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Escrow State: FL
  • List Office Head Office Key Nume: 167057029
  • RATIO Current Price By Calculate: 151.59
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Eat-in Kitchen, High Ceilings, L Dining, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Street Number Modifier: 5261
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 254.28
  • Room Count: 3

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2017-04-19
  • Flood Zone Panel: 12083C0712E

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Association Name: Kingsland Ocala Waterway Owners Association
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Association Email: Office@Kowoaoffice.com

Fee Information

  • Total Annual Fees: 50.00
  • Total Monthly Fees: 4.17
  • Monthly HOA Amount: 4.17

Schools

  • Elementary School: Marion Oaks Elementary School
  • High School: West Port High School
  • Middle Or Junior School: Liberty Middle School

Lot Info

  • Zoning: R1
  • Parcel Number: 3505-010-054
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: Cleared, In County, Landscaped, Oversized Lot, Paved
  • Lot Dimensions: 80x168
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 1255

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 2959
  • Tax Block: 10
  • Tax Book Number: P-001
  • Tax Lot: 54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2023
Closed on
Jul 20, 2023
Sold by
Stokes Edward Leroy and Beranka James
Bought by
Calderon Lissette
Seller's Agent
Nicholas Josey
HOMERUN REALTY
Buyer's Agent
William Archibald
ROUNTREE REALTY CORP.
List Price
$425,000
Sold Price
$414,900
Premium/Discount to List
-$10,100
-2.38%
Views
168
Current Estimated Value
$412,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,472
Avg. Annual Appreciation
-0.13%
Original Mortgage
$381,460
Outstanding Balance
$372,605
Interest Rate
6.71%
Mortgage Type
FHA
Estimated Equity
$41,086

Purchase Details

Listed on
Jan 14, 2015
Closed on
Mar 26, 2015
Sold by
Low Cost Homes Llc
Bought by
Stokes Edward Leroy and Stokes Beranka James
Seller's Agent
Marcus Truett
MBT HOMES
List Price
$188,900
Sold Price
$188,900

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
$192,961
Interest Rate
3.87%
Mortgage Type
VA

Purchase Details

Closed on
Oct 30, 2014
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Low Cost Homes Llc

Purchase Details

Closed on
Oct 2, 2013
Sold by
Branch Banking & Trust Company
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 23, 2013
Sold by
Pierre Riguad and Pierre Elmire M
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Sep 29, 2008
Sold by
Cherubin Madsen
Bought by
Pierre Rigaud and Pierre Elmire M

Purchase Details

Closed on
Jul 11, 2006
Sold by
Reed Homes Of Central Florida Inc
Bought by
Cherubin Madsen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
6.75%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 27, 2005
Sold by
Forest Glenn Inc
Bought by
Southern Multicapital Corp

Purchase Details

Closed on
Jun 9, 2003
Sold by
Kiser John D and Kiser Doris L
Bought by
Forest Glenn Inc
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Calderon Lissette $414,400 Stewart Title Company
Stokes Edward Leroy $188,900 Stewart Title Company
Low Cost Homes Llc $120,800 Attorney
Federal Home Loan Mortgage Corporation -- New House Title Llc
Branch Banking & Trust Company -- Attorney
Pierre Rigaud -- None Available
Cherubin Madsen $65,900 First American Title Ins Co
Southern Multicapital Corp -- Advance Homestead Title Inc
Forest Glenn Inc $5,000 Advance Homestead Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calderon Lissette $381,460
Previous Owner Stokes Edward Leroy $192,961
Previous Owner Cherubin Madsen $243,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2023 07/20/23 Sold $414,900 0.0% $152 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
05/15/2023 05/15/23 Price Changed $414,900 -2.4% $152 / Sq Ft
03/22/2023 03/22/23 For Sale $425,000 +125.0% $155 / Sq Ft
05/10/2020 05/10/20 Off Market $188,900 -- --
03/26/2015 03/26/15 Sold $188,900 0.0% $69 / Sq Ft
02/10/2015 02/10/15 Pending -- -- --
01/14/2015 01/14/15 For Sale $188,900 -- $69 / 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 $5,280 $349,031 $32,448 $316,583
2023 $3,104 $208,328 $0 $0
2022 $2,959 $198,518 $0 $0
2021 $2,916 $192,736 $0 $0
2020 $2,893 $190,075 $0 $0
2019 $2,851 $185,802 $0 $0
2018 $2,708 $182,338 $0 $0
2017 $2,660 $178,588 $0 $0
2016 $2,617 $174,915 $0 $0
2015 $3,080 $162,803 $0 $0
2014 $2,643 $143,922 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM655168

Stellar MLS

APN: 3505-010-054