NOT LISTED FOR SALE

Estimated Value: $185,000 - $230,000

2 Beds
2 Baths
1,062 Sq Ft
$197/Sq Ft Est. Value

Last Sold June 09, 2023

Last sale price $240,000 $226 Per Sq Ft

Est. 13% decrease in value since last sale

Current estimated payment $1,623/month

6 Days on Market

Highlights

  • Golf Course Community
  • Active Adult
  • Clubhouse
  • Fitness Center
  • Gated Community
  • Vaulted Ceiling

About This Home

As of June 2023

NEWLY RENOVATED two bedroom, two bath home in the Ocala Palms gated, 55+ golf community, with all new cabinets, counters, and appliances in the kitchen, new vanities in the bathrooms, all new LVP floors and fresh paint throughout, new hardware, and a new A/C system and hot water heater. The roof was replaced in 2017. This home features a great room with vaulted ceilings, two bedrooms each with an ensuite bathroom, an eat-in kitchen, a covered screened-in porch, and a two-car garage with a sliding screen door. The back yard is fenced with chain-link fencing and ready to accommodate pets. This is one of few lots in the community this size and is great for those who prefer a smaller yard to maintain. Ocala Palms has a community lap poo, spa, indoor pool, fitness center, tennis courts, shuffleboard, a restaurant, direct access to the 18-hole, par 72 golf course, and more! Golf carts are permitted throughout the community, and the community is gated with personnel at the gate 24/7. The community is approximately 10 minutes from the new World Equestrian Center, approximately 10 minutes from downtown Ocala, and less than 5 minutes from I-75.

Last Agent to Sell the Property

Corey Parker

KHEY REALTY License #3488671 Listed on: 05/18/2023

Last Buyer's Agent

Jeanne Ritt

SOUTHERN CHARM REALTY OF CF License #3034400

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $706

Year Built

  • Built in 1995

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 51x108
  • North Facing Home
  • Chain Link Fence
  • Irrigation
  • Property is zoned PUD

HOA Fees

  • $248 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,062 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Sliding Doors
  • Great Room
  • Vinyl Flooring
  • Laundry in Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters
  • Private Mailbox

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include pool, management, recreational facilities
  • Ocala Palms Residents Assoiation, Inc. Association
  • Ocala Palms Un 02 Subdivision
  • The community has rules related to building or community restrictions, allowable golf cart usage in the community

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$706

Year Built

Built in 1995

Lot Details

0

HOA Fees

$248 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Management, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1062
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 1658
  • Lot Size Sq Ft: 5663
  • Directions to Property: Heading west on Highway 27 from I-75, turn left on NW 49th Ave. Drive to the guard house and check in. Drive to the intersection and turn left at NW 50th Ave. Follow NW 50th Ave to the end and turn right onto NW 18th St. The property will be on the left hand side.
  • Status: Sold
  • Street Direction: NW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Ocala
  • Escrow Postal Code: 34481
  • Escrow State: FL
  • Escrow Street Name: SW 80th Street, Ste. 11
  • Escrow Street Number: 8450
  • Floor Number: 1
  • List Office Head Office Key Nume: 1044610
  • Minimum Lease: 6 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 225.99
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Skylight(s), Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5272
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 98.66
  • Room Count: 7

Exterior Features

  • Direction Faces: North
  • Exterior Features: Irrigation System, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Fitness Center, Gated, Golf Carts OK, Golf, Pool, Restaurant, Sidewalks, Special Community Restrictions, Tennis Courts
  • Association Fee: 248
  • Association Fee Frequency: Monthly
  • Association Name: Ocala Palms Residents Assoiation, Inc.
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: See HOA governing documents
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 2976.00
  • Total Monthly Fees: 248.00
  • Monthly HOA Amount: 248.00

Lot Info

  • Zoning: PUD
  • Parcel Number: 2151-001-063
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Dimensions: 51x108
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 526

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Number Limit, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA governing documents

Tax Info

  • Tax Annual Amount: 705.76
  • Tax Block: A
  • Tax Book Number: 3-062
  • Tax Lot: 63

Multi Family

  • Approval Process: See HOA governing documents

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Jun 9, 2023
Sold by
Eipe Llc
Bought by
Abraham John Emile and Abraham Wendell Spurge
Seller's Agent
Corey Parker
KHEY REALTY
Buyer's Agent
Jeanne Ritt
SOUTHERN CHARM REALTY OF CF
List Price
$248,000
Sold Price
$240,000
Premium/Discount to List
-$8,000
-3.23%
Views
77
Current Estimated Value
$209,180

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,820
Avg. Annual Appreciation
-5.66%

Purchase Details

Listed on
Jan 25, 2023
Closed on
Mar 31, 2023
Sold by
Fogelman Jodi
Bought by
Elpe Llc
Seller's Agent
Corey Parker
KHEY REALTY
Buyer's Agent
Corey Parker
KHEY REALTY
List Price
$189,900
Sold Price
$145,000
Premium/Discount to List
-$44,900
-23.64%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1543.60%
Original Mortgage
$150,750
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2017
Sold by
Tornello John and Tornello Rosalie
Bought by
Tornello John and Fogelman Jodi

Purchase Details

Closed on
Jan 8, 2003
Sold by
Hinten Barbara A and Flowers Judith F
Bought by
Tornello John and Tornello Rosalie
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
Abraham John Emile $240,000 Marion Title & Escrow Company
Elpe Llc $145,000 Marion Title & Escrow
Tornello John -- None Available
Tornello John $87,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elpe Llc $150,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/09/2023 06/09/23 Sold $240,000 -3.2% $226 / Sq Ft
05/25/2023 05/25/23 Pending -- -- --
05/18/2023 05/18/23 For Sale $248,000 +71.0% $234 / Sq Ft
04/03/2023 04/03/23 Sold $145,000 -19.4% $137 / Sq Ft View Prior Sale
03/12/2023 03/12/23 Pending -- -- --
03/04/2023 03/04/23 Price Changed $179,900 -5.3% $169 / Sq Ft
01/25/2023 01/25/23 For Sale $189,900 -- $179 / 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 $3,227 $187,076 $21,787 $165,289
2023 $3,227 $180,759 $29,957 $150,802
2022 $706 $65,244 $0 $0
2021 $710 $63,344 $0 $0
2020 $707 $62,469 $0 $0
2019 $703 $61,065 $0 $0
2018 $678 $59,926 $0 $0
2017 $672 $58,693 $0 $0
2016 $649 $57,486 $0 $0
2015 $646 $57,086 $0 $0
2014 $620 $56,633 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4570691

Stellar MLS

APN: 2151-001-063