$108,000
SOLD FEB 29, 2016

8027 SW 116th Loop Ocala, FL 34481

2 Beds
2 Baths
1,432 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$75 Per Sq Ft

5 Days on Market

Highlights

  • Race Track
  • Gated Community
  • Community Pool
  • Senior Community
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of April 2025

Move-In condition 2/2/2 CBS Waverly model. Updated kitchen and bathrooms large Florida room under heat & air overlooking private yard. 1.5 car garage with inside laundry. Den off the living room. Floors are wood and tile. New roof, new hot water heater and HAVAC new in 2013. Furniture may be purchased outside of closing.

Last Agent to Sell the Property

JaeAnn Witzgall

CB/ELLISON RLTY WEST License #3217578 Listed on: 12/31/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $929

Year Built

  • Built in 1993

Lot Details

  • 7,405 Sq Ft Lot
  • Irrigation
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned PUD Planned Unit Developm

HOA Fees

  • $132 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,432 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Horse Facilities and Amenities

  • Race Track

Utilities

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

Listing and Financial Details

  • Property Available on 12/31/15
  • Legal Lot and Block 3 / F
  • Assessor Parcel Number 7013-006-003

Community Details

Overview

  • Senior Community
  • Association fees include 24-Hour Guard, cable TV, ground maintenance
  • Oak Run Subdivision

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$929

Year Built

Built in 1993

Lot Details

0

HOA Fees

$132 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1432
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1993
  • Building Area Total: 2194
  • Lot Size Sq Ft: 7405
  • Directions to Property: STATE ROAD 200 MAIN ENTRANCE TO OAK RUN 110 ST RD TO RIGHT INTO SECOND ENTRANCE TO WOODSIDE AFTERNOON STOP SIGN GO HALFWAY AROUND CIRCLE TO 81 AVE TO THE END MAKE LEFT AND THEN A RIGHT ONTO 116 LOOP.
  • Status: Sold
  • Street Direction: SW
  • List Office Head Office Key Nume: 1044878
  • RATIO Current Price By Calculate: 75.42
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2016-06-30T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 8027
  • Room Count: 1

Exterior Features

  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated, Pool
  • Association Fee: 132
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 132.00

Lot Info

  • Zoning: PUD Planned Unit Developm
  • Parcel Number: 7013-006-003
  • Additional Parcels: No
  • Lot Features: Cleared, Paved
  • Horse Amenities: None, Race Track
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2015-12-31
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 929
  • Tax Block: F
  • Tax Book Number: 002-106
  • Tax Lot: 3

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2025
Closed on
Apr 15, 2025
Sold by
Scott Lawrence A
Bought by
Drake Melita Jeanne and Drake Phillip Allan
Seller's Agent
David Tomlin
DECCA REAL ESTATE
Buyer's Agent
David Tomlin
DECCA REAL ESTATE
List Price
$229,000
Sold Price
$225,000
Premium/Discount to List
-$4,000
-1.75%
Views
12
Current Estimated Value
$223,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,543
Avg. Annual Appreciation
-3.08%
Original Mortgage
$187,500
Outstanding Balance
$187,335
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$36,122

Purchase Details

Closed on
Aug 10, 2019
Sold by
Scott Lawrence A
Bought by
Scott Robert A and Scott Tracy L

Purchase Details

Listed on
Dec 31, 2015
Closed on
Feb 29, 2016
Sold by
Dysert Mary Jo
Bought by
Scott Lawrence A
Seller's Agent
JaeAnn Witzgall
CB/ELLISON RLTY WEST
List Price
$108,000
Sold Price
$108,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.09%

Purchase Details

Closed on
Jan 25, 2012
Sold by
Myers Diane and Peare James
Bought by
Myers Diane and Peare James
Source: Public Records

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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 Type Sale Price Title Company
Warranty Deed $225,000 Brick City Title
Interfamily Deed Transfer -- Attorney
Warranty Deed $108,000 Sunbelt Title Services Inc
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $187,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $225,000 -1.7% $156 / Sq Ft
01/27/2025 01/27/25 Pending -- -- --
01/27/2025 01/27/25 For Sale $229,000 +112.0% $159 / Sq Ft
05/10/2020 05/10/20 Off Market $108,000 -- --
02/29/2016 02/29/16 Sold $108,000 0.0% $75 / Sq Ft
01/04/2016 01/04/16 Pending -- -- --
12/30/2015 12/30/15 For Sale $108,000 -- $75 / 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
2023 $1,646 $122,226 $0 $0
2022 $1,549 $118,666 $0 $0
2021 $1,540 $115,210 $0 $0
2020 $1,525 $113,619 $0 $0
2019 $1,498 $111,065 $0 $0
2018 $1,424 $108,994 $0 $0
2017 $1,396 $106,752 $10,000 $96,752
2016 $1,959 $103,169 $0 $0
2015 $987 $81,182 $0 $0
2014 $929 $80,538 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM436842

Stellar MLS

APN: 7013-006-003