NOT LISTED FOR SALE

8 Locust Run Ocala, FL 34472

Estimated Value: $190,000 - $232,000

3 Beds
2 Baths
1,191 Sq Ft
$181/Sq Ft Est. Value

Last Sold December 11, 2013

Last sale price $48,600 $41 Per Sq Ft

Est. 344% increase in value since last sale

Current estimated payment $1,360/month

50 Days on Market

Highlights

  • Race Track
  • 1 Car Attached Garage
  • Central Air
  • No HOA
  • Tile Flooring
  • Heating Available

About This Home

As of December 2013

GREAT POTENTIAL WITH THIS ONE!! 3 BEDROOMS, 2 FULL BATHS WITH AN OPEN KITCHEN. LARGE LIVING ROOM WITH SLIDING GLASS DOORS TO BACKYARD. YOU CAN MAKE THIS YOUR DREAM HOME! EQUAL HOUSING OPPORTUNITY.

Last Agent to Sell the Property

Nicole Smith

CHAMPION REAL ESTATE GROUP INC License #0681161 Listed on: 10/03/2013

Last Buyer's Agent

Elizabeth Izquierdo

HOMERUN REALTY, LLC License #638973

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,201

Year Built

  • Built in 2008

Lot Details

  • 10,454 Sq Ft Lot
  • Cleared Lot
  • Property is zoned R-1 Single Family Dwellin

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,191 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Horse Facilities and Amenities

  • Race Track

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Slvr Spgs Sh E Subdivision

Listing and Financial Details

  • Property Available on 10/3/13
  • Legal Lot and Block 41 / 1054
  • Assessor Parcel Number 9034-1054-41

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,201

Year Built

Built in 2008

Lot Details

0

Parking

1

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1191
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 2008
  • Building Area Total: 1611
  • Lot Size Sq Ft: 10454
  • Status: Sold
  • RATIO Current Price By Calculate: 40.81
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Barn Features: None
  • Tax Year: 2018
  • Special Features: RealEstateOwned

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other, Tile
  • Full Bathrooms: 2
  • Appliances Included: Other, Range
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-1 Single Family Dwellin
  • Parcel Number: 9034-1054-41
  • Additional Parcels: No
  • Lot Features: Cleared, Paved
  • Horse Amenities: None, Race Track

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2013-10-03
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 1201.43
  • Tax Block: 1054
  • Tax Book Number: J-286
  • Tax Lot: 41

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2013
Closed on
Dec 11, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Kornfeld Lester and Kornfeld Joanne D
Seller's Agent
Nicole Smith
CHAMPION REAL ESTATE GROUP INC
Buyer's Agent
Elizabeth Izquierdo
HOMERUN REALTY, LLC
List Price
$54,000
Sold Price
$48,600
Premium/Discount to List
-$5,400
-10%
Current Estimated Value
$215,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,332
Avg. Annual Appreciation
13.38%

Purchase Details

Closed on
Jun 17, 2013
Sold by
Bank Of America Na
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Oct 22, 2012
Sold by
Burley Mathaniel and Ebert Ashley
Bought by
Bac Home Loans Esrvicing Lp

Purchase Details

Closed on
Jan 11, 2008
Sold by
Hannity Homes Llc
Bought by
Burley Nathaniel and Ebert Ashley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,160
Interest Rate
6.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 20, 2007
Sold by
Joseph Michelle
Bought by
Hannity Homes Llc

Purchase Details

Closed on
Mar 23, 2005
Sold by
Nair Jayanandan and Nair Gopinathan
Bought by
Joseph Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,700
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage
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
Kornfeld Lester $48,600 1St Quality Title Llc
Secretary Of Housing & Urban Development -- Attorney
Bac Home Loans Esrvicing Lp -- Attorney
Burley Nathaniel $148,500 1St Quality Title Llc
Hannity Homes Llc $45,000 First American Title Ins Co
Joseph Michelle $33,000 Coastal Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Burley Nathaniel $146,160
Previous Owner Joseph Michelle $29,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Off Market $48,600 -- --
12/11/2013 12/11/13 Sold $48,600 -10.0% $41 / Sq Ft
11/23/2013 11/23/13 Pending -- -- --
10/04/2013 10/04/13 For Sale $54,000 -- $45 / 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 $2,752 $133,440 -- --
2023 $2,721 $121,309 $0 $0
2022 $2,393 $110,281 $0 $0
2021 $2,031 $105,650 $5,200 $100,450
2020 $1,855 $91,141 $4,500 $86,641
2019 $1,796 $88,499 $3,000 $85,499
2018 $1,588 $77,408 $3,000 $74,408
2017 $1,549 $76,495 $3,000 $73,495
2016 $1,411 $66,566 $0 $0
2015 $1,352 $62,255 $0 $0
2014 $1,276 $60,791 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM397279

Stellar MLS

APN: 9034-1054-41