NOT LISTED FOR SALE

5860 SW 116th Place Rd Ocala, FL 34476

Estimated Value: $311,695 - $343,000

3 Beds
2 Baths
1,936 Sq Ft
$167/Sq Ft Est. Value

Last Sold August 24, 2021

Last sale price $275,000 $142 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,159/month

84 Days on Market

Highlights

  • High Ceiling
  • Stone Countertops
  • Eat-In Kitchen
  • West Port High School Rated A-
  • 2 Car Attached Garage
  • Ceramic Tile Flooring

About This Home

As of August 2021

Lovely, Large 3 Bedroom 2 Bath Family Home in a Wonderful neighborhood. Enjoy cooking in the extra roomy Kitchen with counter tops and cabinets a plenty. The Master Bedroom is extra large, and has a Fantastic Bathroom. Another 2 Bedrooms and Bath are situated perfectly in this home off the Living Room. Inside Laundry leads to a Two-Car Garage. Large back yard that has Beautiful Landscaping, and a Hot Tub. Lawncare is included in with this Home. Home occupied until June...Available for New Occupant June 15th.

Last Agent to Sell the Property

Amanda Bottimore

CB/ELLISON RLTY WEST License #3441845 Listed on: 05/01/2021

Co-Listed By

Jennifer Fudge

CB/ELLISON RLTY WEST License #3196040

Last Buyer's Agent

Douglas Rudnick, LLC

EXP REALTY LLC License #3056310

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,822

Year Built

  • Built in 2006

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 90x180
  • North Facing Home
  • Fenced
  • Property is zoned R1

HOA Fees

  • $60 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,936 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceramic Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • Kingsland Ocala Waterway Estates Association, Phone Number (352) 854-8666
  • Kingsland Cntry Estates Forest Glen Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,822

Year Built

Built in 2006

Lot Details

0

HOA Fees

$60 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1936
  • Lot Size Acres: 0.37
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 2790
  • Lot Size Sq Ft: 16117
  • Directions to Property: HWY 200 TO SW 60 AVE, LEFT ON SW 95 ST, RIGHT ON SW 49 AVE, RIGHT ON SW 116 PL RD, HOUSE ON LEFT
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM619454?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM619454?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.0223
  • Price per Sq Ft: 142.05
  • Close to Original List Price Ratio: 0.98214
  • Ratio: Current Price\Building Area Total: 98.57
  • View: No
  • Co List Office Mls Id: 271500389
  • Co List Office Phone: 352-854-9717
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Eating Space In Kitchen, High Ceiling(s), Split Bedroom, Stone Counters
  • Appliances Included: Dishwasher, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5860
  • Room Count: 4

Exterior Features

  • Direction Faces: North
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 60
  • Association Fee Frequency: Monthly
  • Association Name: Kingsland Ocala Waterway Estates
  • Phone: 352-854-8666
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 720
  • Monthly HOA Fee: 60
  • Total Monthly Fees: 60

Lot Info

  • Zoning: R1
  • Parcel Number: 3505-006-015
  • Additional Parcels: No
  • Lot Dimensions: 90x180
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: other
  • Lease Restrictions Y N: No
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: none

Tax Info

  • Tax Annual Amount: 2821.51
  • Tax Block: 6
  • Tax Book Number: P-001,KINGSL
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2021
Closed on
Aug 7, 2021
Sold by
Kragh Jay and Ryffel Kragh Amy
Bought by
Patton Brian and Wright Liya
Seller's Agent
Amanda Bottimore
CB/ELLISON RLTY WEST
Buyer's Agent
Douglas Rudnick, LLC
EXP REALTY LLC
List Price
$280,000
Sold Price
$275,000
Premium/Discount to List
-$5,000
-1.79%
Current Estimated Value
$322,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,424
Avg. Annual Appreciation
3.94%
Original Mortgage
$165,000
Outstanding Balance
$150,036
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$172,388

Purchase Details

Closed on
Jun 29, 2007
Sold by
Moore & Coates Construction Inc
Bought by
Kragh Jay and Ryffel Kragh Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 24, 2005
Sold by
Elstrom Evelyn and Evelyn Elstrom Trust
Bought by
Petree Investments Corp

Purchase Details

Closed on
Jan 12, 2005
Sold by
Elstrom Charles H and Elstrom Evelyn M
Bought by
Evelyn Elstrom Trust
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
Patton Brian $275,000 True Title Of Central Fl Llc
Kragh Jay $249,000 Tropical Land Title Insuranc
Moore & Coates Construction Inc -- Tropical Land Title Insuranc
Petree Investments Corp $135,000 First American Title Ins Co
Evelyn Elstrom Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patton Brian $165,000
Previous Owner Kragh Jay $199,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Off Market $1,700 -- --
08/24/2021 08/24/21 Sold $275,000 +2.2% $142 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
07/21/2021 07/21/21 Price Changed $269,000 -3.9% $139 / Sq Ft
06/09/2021 06/09/21 For Sale $280,000 0.0% $145 / Sq Ft
05/29/2021 05/29/21 Pending -- -- --
05/01/2021 05/01/21 For Sale $280,000 0.0% $145 / Sq Ft
06/21/2017 06/21/17 Rented $1,700 -5.6% --
05/22/2017 05/22/17 Under Contract -- -- --
04/16/2017 04/16/17 For Rent $1,800 -- --
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 $4,597 $265,445 $36,855 $228,590
2023 $4,495 $248,882 $0 $0
2022 $4,028 $226,256 $25,515 $200,741
2021 $3,031 $160,276 $19,845 $140,431
2020 $2,939 $153,443 $17,482 $135,961
2019 $2,890 $148,867 $14,931 $133,936
2018 $2,677 $141,798 $13,041 $128,757
2017 $1,541 $109,256 $0 $0
2016 $1,505 $107,009 $0 $0
2015 $1,510 $106,265 $0 $0
2014 $1,426 $105,422 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM619454

Stellar MLS

APN: 3505-006-015