NOT LISTED FOR SALE

5588 SW 116th Place Ocala, FL 34476

Estimated Value: $328,000 - $411,000

3 Beds
2 Baths
2,164 Sq Ft
$171/Sq Ft Est. Value

Last Sold October 24, 2013

Last sale price $155,000 $72 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $2,182/month

5 Days on Market

Highlights

  • Race Track
  • 0.52 Acre Lot
  • Formal Dining Room
  • West Port High School Rated A-
  • Cathedral Ceiling
  • 2 Car Attached Garage

About This Home

As of October 2013

Stunning home! Pride of ownership throughout this 3 bedroom plus den home. Very desireable location. Privacy/backs up to greenbelt. Fabulous architectural features, pristine condition. White vinyl fence. Marble counters, custom cabinets, breakfast bar. Large eat-in alcove plus formal dining. Quad sliding doors to large screened lanai. Master includes sitting area and access to lanai. His and Hers walk-in closets. Trey ceiling. Bath separate high vanities, tub, glass shower, w/c. This is a rare find ready to move right in!

Last Agent to Sell the Property

Janice Equi

FONTANA REALTY License #3059836 Listed on: 08/30/2013

Last Buyer's Agent

Janice Equi

FONTANA REALTY License #3059836 Listed on: 08/30/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,562

Year Built

  • Built in 2007

Lot Details

  • 0.52 Acre Lot
  • Lot Dimensions are 100x125
  • Cleared Lot
  • Property is zoned R-1 Single Family Dwellin

HOA Fees

  • $5 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,164 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Window Treatments
  • Formal Dining Room
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Screened Patio
  • Shed

Schools

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

Horse Facilities and Amenities

  • Race Track

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Community Details

  • Forest Glen Subdivision

Listing and Financial Details

  • Property Available on 8/30/13
  • Assessor Parcel Number 35805-009-049

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,562

Year Built

Built in 2007

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2164
  • Lot Size Acres: 0.52
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 2950
  • Directions to Property: 200 West, T/L Airport Rd (SW 60th Ave. T/L on 95th St (Freedom Library) T/R on SW 49th Ave - T/R on SW 116th Place Rd
  • Status: Sold
  • Street Direction: SW
  • List Office Head Office Key Nume: 1044887
  • RATIO Current Price By Calculate: 71.63
  • Total Acreage: 1/2 Acre to 1 Acre
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2014-08-29T00:00:00.000
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Other, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5588
  • Additional Rooms: Formal Dining Room Separate
  • Room Count: 0

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Patio, Screened
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • Association Fee: 5
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 5.00

Schools

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

Lot Info

  • Zoning: R-1 Single Family Dwellin
  • Parcel Number: 35805-009-049
  • Additional Parcels: No
  • Lot Features: Cleared, Paved
  • Lot Dimensions: 100x125
  • Horse Amenities: None, Race Track
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2013-08-30
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 1562

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 14, 2017
Sold by
Griffis Justin
Bought by
Griffis Justin and Parkin Michael N
Current Estimated Value
$371,048

Purchase Details

Listed on
Aug 30, 2013
Closed on
Oct 22, 2013
Sold by
Naspretto Richard and Naspretto Paula
Bought by
Griffis Justin
Seller's Agent
Janice Equi
FONTANA REALTY
Buyer's Agent
Janice Equi
FONTANA REALTY
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$152,192
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 13, 2012
Sold by
Achstatter Joann
Bought by
Naspretto Richard and Naspretto Paula

Purchase Details

Closed on
Nov 16, 2010
Sold by
Regions Bank
Bought by
Achstatter Joann

Purchase Details

Closed on
Jun 21, 2010
Sold by
Taveras Cesar F and Pino Paola
Bought by
Regions Bank

Purchase Details

Closed on
Mar 1, 2006
Sold by
Baute Custom Homes Inc
Bought by
Taveras Cesar F and Pino Paola

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,682
Interest Rate
6.5%
Mortgage Type
Construction

Purchase Details

Closed on
Jan 27, 2005
Sold by
Forest Glenn Inc
Bought by
Baute Custom Homes Inc
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
Griffis Justin $70,000 Attorney
Griffis Justin $155,000 Affiliated Title
Naspretto Richard -- 1St Quality Title Llc
Achstatter Joann $130,000 First American Title Ins Co
Regions Bank -- None Available
Taveras Cesar F $75,000 First American Title Ins Co
Baute Custom Homes Inc $440,000 Advance Homestead Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Griffis Justin $152,192
Previous Owner Taveras Cesar F $281,682
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Off Market $155,000 -- --
10/24/2013 10/24/13 Sold $155,000 -6.1% $72 / Sq Ft
09/04/2013 09/04/13 Pending -- -- --
08/30/2013 08/30/13 For Sale $165,000 -- $76 / 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 $2,583 $176,495 -- --
2023 $2,521 $171,354 $0 $0
2022 $2,449 $166,363 $0 $0
2021 $2,169 $147,160 $0 $0
2020 $2,150 $145,128 $0 $0
2019 $2,117 $141,865 $0 $0
2018 $1,808 $126,420 $0 $0
2017 $1,776 $123,820 $0 $0
2016 $1,739 $121,273 $0 $0
2015 $1,746 $120,430 $0 $0
2014 $1,648 $119,474 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2013

    Janice Equi

    FONTANA REALTY

    (352) 817-3574

    1 in this area

    8 Total Sales

    Janice Equi
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM395653

Stellar MLS

APN: 3505-009-049

Florida Marion County Ocala 34476

5588 SW 116th Place, Ocala, FL

This home is located at 5588 SW 116th Place, Ocala, FL 34476 since 30 August 2013 and is currently estimated at $371,048, approximately $171 per square foot. This property was built in 2007. 5588 SW 116th Place is a home located in Marion County with nearby schools including Marion Oaks Elementary School, Horizon Academy At Marion Oaks, and West Port 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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