NOT LISTED FOR SALE

7480 SW 111th Ln Ocala, FL 34476

Estimated Value: $238,635 - $290,000

2 Beds
2 Baths
1,540 Sq Ft
$170/Sq Ft Est. Value

Last Sold November 20, 2020

Last sale price $195,000 $127 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,804/month

2 Days on Market

Highlights

  • Golf Course Community
  • Active Adult
  • Clubhouse
  • Fitness Center
  • Gated Community
  • Sauna

About This Home

As of November 2020

Great Pinehurst model 2 bedroom, 2 bath home on a corner lot in Oak Run Country Club. This home opens to high ceilings in the living room with new vinyl plank floors that flows into the dining area too. Brand new kitchen with wood cabinets, glass backsplash & granite countertops. Eat-in kitchen area with ceramic tile. 2nd bedroom is light & bright & guest bathroom has been updated. Main bedroom is just off the living room with double windows & large walk-in closet. Ensuite bath has been updated with shower & new vanity & sink. Florida room is spacious & overlooks the backyard. Just off the Florida room there is a new screened-in porch with stone floor., which is a good place to have your morning coffee or a glass of wine at night. The best part about this home is that it is on a maintained lot, which means they cut the grass, treat for weeds & water it. Come enjoy the active lifestyle at Oak Run Country Club.
Amenity fee includes basic cable TV, curbside garbage pick-up, home mail delivery, 3 gates, maintenance of common areas & use of all facilities. Facilities include 2 fitness centers, billiards room, library, tennis & bocce courts, 5 outdoor pools, 1 indoor pool, 3 clubhouses, 18 hole golf course, driving range, shuffleboard, horseshoes, 2 restaurants. Also offers a monthly newsletter delivered to your home, with the activity schedules & much more. Don't miss out on the opportunity to live in Oak Run Country Club! Priced to sell.

Last Agent to Sell the Property

Shelia Konnick

CROWN & GLORY REALTY INC License #3115111 Listed on: 10/17/2020

Last Buyer's Agent

Mimi Preciado

FUTURE HOME REALTY INC License #697554

FUTURE HOME REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,357

Year Built

  • Built in 1999

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 65x100
  • North Facing Home
  • Property is zoned PUD

HOA Fees

  • $257 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,540 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Reclaimed Water Irrigation System

Outdoor Features

  • Rain Gutters

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, community pool, ground maintenance, recreational facilities, security, trash
  • Billing/Community Services Association, Phone Number (352) 854-6010
  • Visit Association Website
  • Fountains/Oak Run Ph 02 Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions
  • Community features wheelchair access

Amenities

  • Sauna
  • Clubhouse

Recreation

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

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,357

Year Built

Built in 1999

Lot Details

0

HOA Fees

$257 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Maintenance Grounds, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1540
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 3080
  • Lot Size Sq Ft: 6534
  • Directions to Property: SW Hwy 200, turn left onto SW 60th Ave., continue straight to back gate of Oak Run, submit drivers license to get through gate, follow past clubhouse to The Fountains, turn right onto SW 73 Ter,, turn left onto SW 111th Ln.-to home on the left.
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM610213?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM610213?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 0.97598
  • Price per Sq Ft: 126.62
  • Close to Original List Price Ratio: 0.97598
  • Ratio: Current Price\Building Area Total: 63.31
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 7480
  • Room Count: 4
  • Additional Rooms: Florida Room, Inside Utility

Exterior Features

  • Direction Faces: North
  • Exterior Features: French Doors, Irrigation System, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Marion County Utilities
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

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, Phone Available, Sewer Connected, Sprinkler Recycled, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Golf, Irrigation-Reclaimed Water, Pool, Racquetball, Tennis Courts, Wheelchair Access
  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Golf Course, Maintenance, Pickleball Court(s), Pool, Racquetball, Sauna, Security, Shuffleboard Court, Tennis Court(s)
  • Association Fee: 257.48
  • Association Fee Frequency: Monthly
  • Association Name: BILLING/COMMUNITY SERVICES
  • Phone: 352-854-6010
  • Association: Yes
  • Senior Community: Yes
  • Association Website: billing@deccahiomes.com
  • Amenities Additional Fees: 18 hole golf course is an additional cost to play, but discounted rates
  • Complex Community Name NCCB: THE FOUNTAINS
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 3089.76
  • Monthly HOA Fee: 257.48
  • Total Monthly Fees: 257.48

Lot Info

  • Zoning: PUD
  • Parcel Number: 7024-005-009
  • Additional Parcels: No
  • Lot Dimensions: 65x100
  • Flood Zone Code: X

Green Features

  • Efficiency: Appliances

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: One person has to be 55+ to rent a home

Tax Info

  • Tax Annual Amount: 1356.53
  • Tax Block: E
  • Tax Book Number: 005-044
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2020
Closed on
Nov 20, 2020
Sold by
Hackett James V and Hackett Sandra J
Bought by
Fraleigh Peter and Fraleigh Martha
Seller's Agent
Shelia Konnick
CROWN & GLORY REALTY INC
Buyer's Agent
Mimi Preciado
FUTURE HOME REALTY INC
List Price
$199,800
Sold Price
$195,000
Premium/Discount to List
-$4,800
-2.4%
Current Estimated Value
$261,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,159
Avg. Annual Appreciation
6.09%
Original Mortgage
$199,485
Outstanding Balance
$177,513
Interest Rate
2.8%
Mortgage Type
VA
Estimated Equity
$83,646

Purchase Details

Listed on
Aug 4, 2015
Closed on
Nov 5, 2015
Sold by
Fannie Mae
Bought by
Hackett James V and Hackett Sandra J
Seller's Agent
Richard Kiefer
KIEFER REALTY, PA
List Price
$124,900
Sold Price
$111,000
Premium/Discount to List
-$13,900
-11.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.85%

Purchase Details

Closed on
Jun 22, 2015
Sold by
Towler Harley N
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 1, 2013
Sold by
Towler Carol Jean
Bought by
Towler Harley N

Purchase Details

Closed on
Jun 16, 2005
Sold by
Demarco Michael and Demarco Joan
Bought by
Towler Harley and Towler Carol Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 11, 2005
Sold by
Demarco Michael and Demarco Joan
Bought by
Demarco Michael L and Demarco Joan M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 2, 2003
Sold by
Demarco Michael and Demarco Joan
Bought by
The Michael & Joan Demarco Living Trust
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
Fraleigh Peter $195,000 Brick City Ttl Ins Agcy Inc
Hackett James V $111,000 Attorney
Federal National Mortgage Association -- None Available
Towler Harley N -- None Available
Towler Harley $177,000 Aaa Quality Title Services &
Demarco Michael L -- --
The Michael & Joan Demarco Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fraleigh Peter $199,485
Previous Owner Towler Harley $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/20/2020 11/20/20 Sold $195,000 -2.4% $127 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
10/17/2020 10/17/20 For Sale $199,800 +80.0% $130 / Sq Ft
11/10/2015 11/10/15 Sold $111,000 -11.1% $72 / Sq Ft View Prior Sale
10/11/2015 10/11/15 Pending -- -- --
08/04/2015 08/04/15 For Sale $124,900 -- $81 / 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 $2,136 $162,211 -- --
2023 $2,157 $157,486 $0 $0
2022 $2,071 $151,615 $0 $0
2021 $2,065 $147,199 $18,500 $128,699
2020 $1,382 $104,977 $0 $0
2019 $1,357 $102,617 $0 $0
2018 $1,290 $100,704 $0 $0
2017 $1,266 $98,633 $0 $0
2016 $2,050 $108,741 $0 $0
2015 $1,926 $98,541 $0 $0
2014 $1,679 $89,583 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM610213

Stellar MLS

APN: 7024-005-009