NOT LISTED FOR SALE

7424 SW 111th Ln Ocala, FL 34476

Estimated Value: $248,000 - $268,000

3 Beds
2 Baths
1,625 Sq Ft
$159/Sq Ft Est. Value

Last Sold December 15, 2023

Last sale price $281,000 $173 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $1,938/month

60 Days on Market

Highlights

  • Golf Course Community
  • Active Adult
  • Clubhouse
  • Fitness Center
  • Gated Community
  • Contemporary Architecture

About This Home

As of December 2023

Welcome to your next home! A one owner, custom built Doral "Great Room" model. This home has been modified from it's original floorplan by the owners when being built. Upon entering you will be greated by a glancing view into the large Cathedral ceiling great room with Wood Laminate flooring. Step to the left and you'll be taken away by the Large, well arranged custom modified eat-in Kitchen. Cabinets, lots of them W/Granite counter tops, Lazy-Susan's. The refrigerator has been moved out of the way to make room for additional Cabinets, all W/Under and over Cabinet lighting. Large 2nd Bedroom, Beautiful Guest bath and then comes the next surprise. The Den/Study behind the 2 French doors has been extended an additional 3' for a full length closet. Move across the great room and you will find the Master Suite was extended by 2'. Further back is the master bath. Tastfully decorated with double sinks featuring Quartz Countertops. Tiled Shower W/2 shower heads and Seat. Large screened Lanai with entry from the "Great Room". Want more, go back out to the garage and you will find it has also been extended in width by an additional 2'. What will be nice about living in this home is the community. Oak Run is an established active 55+ community with 6 swimming pools, golf course and additional activities. You can also sit back and relax. Your mowing, weeding, days are over. It's included in the HOA along with sprinkler repair and lawn watering. Roof replaced 4/2020, A/C 3/2023. Water heater 06/2019

Last Agent to Sell the Property

Edward Wise

CB/ELLISON RLTY WEST Brokerage Phone: 352-854-9717 License #3255206 Listed on: 09/15/2023

Last Buyer's Agent

Jennifer Kennedy

OCALA REALTY WORLD LLC License #3334033

OCALA REALTY WORLD LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,295

Year Built

  • Built in 2001

Lot Details

  • 5,070 Sq Ft Lot
  • Lot Dimensions are 57x100
  • North Facing Home
  • Mature Landscaping
  • Level Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned PUD

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,625 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Den
  • Sun or Florida Room

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include pool, recreational facilities, security, trash
  • Oak Run Associates/Tanya Sappleton Association
  • Oak Run Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Golf Course Community
  • Tennis Courts
  • Racquetball
  • Shuffleboard Court
  • Fitness Center
  • Community Pool

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,295

Year Built

Built in 2001

Lot Details

0

HOA Fees

$298 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1625
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 1625
  • Lot Size Sq Ft: 5070
  • Directions to Property: From SR 200 West, turn Left onto SW 110th St, it becomes SW 115th St. Straight to SW 73rd Terrace which is the "Fountains" Entrance, turn left , 3rd Left onto SW 111 Lane. 4th home on left.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044878
  • Minimum Lease: 2+ Years
  • RATIO Current Price By Calculate: 172.92
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 352-854-9717
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 7424
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Florida Room
  • Living Area Meters: 150.97
  • Room Count: 5

Exterior Features

  • Direction Faces: North
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Rear Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: Seller Property 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
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Connected, Fire Hydrant, Sewer Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness Center, Gated Community - Guard, Golf Carts OK, Golf, Racquetball
  • Association Amenities: Cable TV, Clubhouse, Gated, Golf Course, Pool, Security, Shuffleboard Court, Storage, Tennis Court(s)
  • Association Fee: 298.03
  • Association Fee Frequency: Monthly
  • Association Name: Oak Run Associates/Tanya Sappleton
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 3576.36
  • Total Monthly Fees: 298.03
  • Monthly HOA Amount: 298.03

Lot Info

  • Zoning: PUD
  • Parcel Number: 7024-005-013
  • Additional Parcels: No
  • Lot Features: In County, Level, Paved
  • Lot Dimensions: 57x100
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 471

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check with HOA

Tax Info

  • Tax Annual Amount: 1294.98
  • Tax Block: E
  • Tax Book Number: 005-044
  • Tax Lot: 13

Multi Family

  • Approval Process: Check with HOA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2023
Closed on
Dec 15, 2023
Sold by
Mcgrath James P and Mcgrath Jane G
Bought by
Coneeny John S and Tierney-Coneeny Judith C
Seller's Agent
Edward Wise
CB/ELLISON RLTY WEST
Buyer's Agent
Jennifer Kennedy
OCALA REALTY WORLD LLC
List Price
$304,900
Sold Price
$281,000
Premium/Discount to List
-$23,900
-7.84%
Views
144
Current Estimated Value
$258,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$22,279
Avg. Annual Appreciation
-4.32%

Purchase Details

Closed on
Aug 21, 2001
Sold by
Oak Run Associates Ltd
Bought by
Mcgrath James P and Mcgrath Jane G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

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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
Coneeny John S $281,000 All American Land Title
Mcgrath James P $121,200 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcgrath James P $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/15/2023 12/15/23 Sold $281,000 -4.7% $173 / Sq Ft
11/15/2023 11/15/23 Pending -- -- --
10/26/2023 10/26/23 Price Changed $294,900 -3.3% $181 / Sq Ft
09/15/2023 09/15/23 For Sale $304,900 -- $188 / 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 $3,391 $237,482 -- --
2023 $1,396 $109,210 $0 $0
2022 $1,348 $106,029 $0 $0
2021 $1,339 $102,941 $0 $0
2020 $1,325 $101,520 $0 $0
2019 $1,300 $99,238 $0 $0
2018 $1,237 $97,388 $0 $0
2017 $1,213 $95,385 $0 $0
2016 $1,179 $93,423 $0 $0
2015 $1,181 $92,774 $0 $0
2014 $1,110 $92,038 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM664573

Stellar MLS

APN: 7024-005-013