NOT LISTED FOR SALE

7031 SW 131st Loop Ocala, FL 34473

Estimated Value: $307,566 - $407,000

4 Beds
2 Baths
2,134 Sq Ft
$166/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $289,990 $136 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,274/month

31 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • No HOA
  • West Port High School Rated A-
  • Main Floor Primary Bedroom
  • Family Room Off Kitchen

About This Home

As of November 2023

Under Construction. The Majestic is a spacious floorplan offering 4 bedrooms, 2 full bathrooms, a study/den, and a 2 car garage. The split plan provides a welcoming master with plenty of privacy from the other four bedrooms. The open concept kitchen and great room allow plenty of space for family gatherings. The kitchen features a stainless steel electric smooth top range, accompanied by a stainless steel microwave complete with a ductless vent hood, light and fan. Additionally, we offer a one year Limited non-transferable Mechanical Warranty. In fact, you’re covered inside and out with the protection of a 10-year Limited Structural Warranty.

Last Agent to Sell the Property

Richard Fadil

HOLIDAY BUILDERS GULF COAST Brokerage Phone: 321-610-5940 License #3008295 Listed on: 05/11/2023

Last Buyer's Agent

Michele Rambo

REDI REAL ESTATE, LLC License #3332930

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $194

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • 10,018 Sq Ft Lot
  • West Facing Home
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,134 Sq Ft Home
  • Open Floorplan
  • Sliding Doors
  • Family Room Off Kitchen

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

  • Sunrise Elementary School
  • Horizon Academy/Mar Oaks Middle School
  • Dunnellon High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • 1 Water Well
  • 1 Septic Tank

Community Details

  • No Home Owners Association
  • Built by Holiday Builders
  • Marion Oaks Unit 10 Subdivision, Majestic Floorplan
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$194

Year Built

Built in 2023 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2134
  • Lot Size Acres: 0.23
  • New Construction: Yes
  • Year Built: 2023
  • Building Area Total: 2572
  • Lot Size Sq Ft: 10018
  • Directions to Property: From 75N take exit 341 for Marion County 484 toward Belleview/Dunnellon. Go WEST on SW Hwy 484, turn right 72nd Terrace Road, turn right on 132nd Place, turn right on 131st Loop. House is just past 131st Lane on the left.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 515871634
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 135.89
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Permit Number: 2022080197
  • Tax Year: 2022
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 7031
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 198.26
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Projected Completion Date: 2023-12-30T00:00:00.000

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Electricity Connected, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Sunrise Elementary School-M
  • High School: Dunnellon High School
  • Middle Or Junior School: Horizon Academy/Mar Oaks

Lot Info

  • Zoning: R1
  • Parcel Number: 8010-0956-04
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 931

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Holiday Builders

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 194.5
  • Tax Block: 956
  • Tax Book Number: O PAGE 194
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2023
Closed on
Nov 9, 2023
Sold by
Holiday Builders Inc
Bought by
Bowling Michael Kenneth and Bowling Kara K
Seller's Agent
Richard Fadil
HOLIDAY BUILDERS GULF COAST
Buyer's Agent
Michele Rambo
REDI REAL ESTATE, LLC
List Price
$299,990
Sold Price
$289,990
Premium/Discount to List
-$10,000
-3.33%
Views
224
Current Estimated Value
$353,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,902
Avg. Annual Appreciation
11.30%
Original Mortgage
$14,016
Outstanding Balance
$13,775
Interest Rate
7.31%
Estimated Equity
$340,117

Purchase Details

Closed on
Sep 28, 2005
Sold by
The Deltona Corp
Bought by
Heath Leslie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,040
Interest Rate
9.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 2, 2005
Sold by
Five Points Title Services Co Inc
Bought by
The Deltona Corp

Purchase Details

Closed on
Jun 10, 2003
Sold by
Babkirk Wesley and Babkirk Willa
Bought by
Five Points Title Services Co 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
Bowling Michael Kenneth $290,000 Hb Title
Bowling Michael Kenneth $290,000 Hb Title
Heath Leslie A $36,300 Five Points Title Services C
The Deltona Corp $264,000 Five Points Title Services C
Five Points Title Services Co Inc $4,500 Brick City Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bowling Michael Kenneth $14,016
Closed Bowling Michael Kenneth $14,016
Open Bowling Michael Kenneth $280,311
Closed Bowling Michael Kenneth $280,311
Previous Owner Heath Leslie A $29,040
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $289,990 0.0% $136 / Sq Ft
06/12/2023 06/12/23 Pending -- -- --
06/05/2023 06/05/23 Price Changed $289,990 -3.3% $136 / Sq Ft
05/11/2023 05/11/23 For Sale $299,990 -- $141 / 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 $4,854 $307,549 -- --
2023 $714 $23,500 $23,500 $0
2022 $277 $6,925 $0 $0
2021 $235 $10,630 $10,630 $0
2020 $215 $8,400 $8,400 $0
2019 $209 $8,100 $8,100 $0
2018 $191 $6,700 $6,700 $0
2017 $169 $4,300 $4,300 $0
2016 $178 $4,114 $0 $0
2015 $162 $3,740 $0 $0
2014 $157 $3,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: C7475494

Stellar MLS

APN: 8010-0956-04