NOT LISTED FOR SALE

7606 SW 112th Ln Ocala, FL 34476

Estimated Value: $172,000 - $178,000

2 Beds
2 Baths
936 Sq Ft
$188/Sq Ft Est. Value

Last Sold March 17, 2021

Last sale price $120,000 $128 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,072/month

12 Days on Market

Highlights

  • Senior Community
  • Community Pool
  • Enclosed Patio or Porch
  • Gated Community
  • Tennis Courts
  • 2 Car Attached Garage

About This Home

As of March 2021

Palm Cay is an active 55+ gated community in SW Ocala. This well kept home is 2 bedrooms and 2 baths plus a spacious 2 car garage. Tile and carpet in the bedrooms. Roof updated in 2008 and HVAC new in 2015. Enclosed lanai with tile flooring and private backyard. The Oasis clubhouse features a library, billiards, arts and crafts room, and card room. Great activities for all. Enjoy shopping and restaurants plus medical care close by. Affordable lifestyle!

Last Agent to Sell the Property

Crystal McCall

KELLER WILLIAMS CORNERSTONE RE License #353041 Listed on: 02/01/2021

KELLER WILLIAMS CORNERSTONE RE

Last Buyer's Agent

Kim Hagan

RE/MAX FOXFIRE - HWY 40 License #3290476

RE/MAX FOXFIRE - HWY 40

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,541

Year Built

  • Built in 1991

Lot Details

  • 0.27 Acre Lot
  • North Facing Home
  • Metered Sprinkler System
  • Property is zoned R3

HOA Fees

  • $99 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 936 Sq Ft Home
  • Ceiling Fan
  • Window Treatments

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 29 / S
  • Assessor Parcel Number 35774-019-29

Community Details

Overview

  • Senior Community
  • Association fees include 24-hour guard, community pool, ground maintenance, trash
  • Jim Day/ Hertage Management Association, Phone Number (352) 482-0777
  • Palm Cay Subdivision
  • Association Approval Required
  • The community has rules related to deed restrictions

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,541

Year Built

Built in 1991

Lot Details

0

HOA Fees

$99 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding
  • Living Area: 936.00
  • Homestead: Yes
  • Lot Size Acres: 0.27
  • Year Built: 1991
  • Building Area Total: 1475.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM614763?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM614763?w=Customer
  • Lot Size Sq Ft: 11761
  • Building Search Sq Meters: 137.03
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM614763?w=PubMLS
  • Directions to Property: Hwy 200 West, turn left into Palm Cay, stop at gate then straight thru until dead end. Turn right and then immediately left again, turn immediately to right onto SW 79th Terr. 79th Terr. curves at back of community onto 112th. Home 3/4 going east and on the right.
  • Escrow City: Ocala
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: E Silver Springs Blvd
  • Escrow Street Number: 1808
  • List Office Head Office Key Nume: 1052300
  • Status: Sold
  • Street Direction: SW
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 3
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Living Area Meters: 86.96
  • Street Number Modifier: 7606

Exterior Features

  • Direction Faces: North
  • Exterior Features: Irrigation System, Sprinkler Metered
  • Roof: Shingle
  • Flood Zone Code: X
  • Flood Zone Date: 04/19/2017
  • Flood Zone Panel: 12083C0711E
  • Patio and Porch Features: Enclosed

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Pool, Tennis Courts
  • Monthly HOA Fees: 99.00
  • Association Amenities: Gated, Pool
  • Association Approval Required: Yes
  • Association Fee: 99.00
  • Association Fee Frequency: Monthly
  • Association Fee Requirement: Required
  • Association Name: Jim Day/ Hertage Management
  • Phone: 352-482-0777
  • Association: Yes
  • Senior Community: Yes

Fee Information

  • Total Annual Fees: 1188.00
  • Total Monthly Fees: 99.00

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Zoning: R3
  • Parcel Number: 35774-019-29
  • Lot Size Square Meters: 1093

Rental Info

  • Minimum Lease: 3 Months
  • Additional Lease Restrictions: 55+ Per HOA rules
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Multi Family

  • Approval Process: Affidavit

Tax Info

  • Tax Annual Amount: 1541.00
  • Tax Block: S
  • Tax Book Number: 001-009,PALM
  • Tax Lot: 29

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2022
Sold by
Lioubov Ray
Bought by
Platzer Rudolf H and Platzer Amanda
Current Estimated Value
$175,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Outstanding Balance
$153,637
Interest Rate
3.55%
Mortgage Type
VA
Estimated Equity
$22,576

Purchase Details

Listed on
Feb 1, 2021
Closed on
Mar 17, 2021
Sold by
Watkins John Douglas and Watkins Rosalind Ethel
Bought by
Ray Lioubov
Seller's Agent
Crystal McCall
KELLER WILLIAMS CORNERSTONE RE
Buyer's Agent
Kim Hagan
RE/MAX FOXFIRE - HWY 40
List Price
$124,000
Sold Price
$120,000
Premium/Discount to List
-$4,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%

Purchase Details

Listed on
Dec 15, 2014
Closed on
Apr 16, 2015
Sold by
Decker Alfred V and Decker Shari L
Bought by
Watkins John Douglas and Watkins Rosalind Ethel
Seller's Agent
Audrey Magliocca
DECCA REAL ESTATE
Buyer's Agent
Sharon Stump
RESOLUTE REAL ESTATE LLC
List Price
$59,499
Sold Price
$57,000
Premium/Discount to List
-$2,499
-4.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.40%
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
Platzer Rudolf H $163,000 Equitable Title
Ray Lioubov $120,000 First American Title Ins Co
Watkins John Douglas $57,000 Sunbelt Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Platzer Rudolf H $163,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2021 03/17/21 Sold $120,000 -3.2% $128 / Sq Ft
02/13/2021 02/13/21 Pending -- -- --
02/01/2021 02/01/21 For Sale $124,000 +117.5% $132 / Sq Ft
05/10/2020 05/10/20 Off Market $57,000 -- --
04/16/2015 04/16/15 Sold $57,000 -4.2% $61 / Sq Ft
03/24/2015 03/24/15 Pending -- -- --
12/13/2014 12/13/14 For Sale $59,499 -- $64 / 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 $302 $149,907 -- --
2023 $302 $145,541 $45,000 $100,541
2022 $2,159 $117,452 $36,250 $81,202
2021 $1,653 $89,288 $29,000 $60,288
2020 $1,541 $81,334 $27,200 $54,134
2019 $1,422 $71,211 $27,200 $44,011
2018 $1,277 $64,596 $22,000 $42,596
2017 $1,149 $53,127 $12,000 $41,127
2016 $1,090 $50,100 $0 $0
2015 $1,038 $46,492 $0 $0
2014 $955 $43,768 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM614763

Stellar MLS

APN: 35774-019-29