NOT LISTED FOR SALE

Estimated Value: $155,000 - $174,000

2 Beds
2 Baths
864 Sq Ft
$194/Sq Ft Est. Value

Last Sold April 16, 2021

Last sale price $111,700 $129 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,211/month

3 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Senior Community
  • Open Floorplan
  • Community Pool

About This Home

As of April 2021

2 Bedrooms, 2 Bath , 1 Car Attached Garage Home. Living and Dining Area. Enclosed back Lanai.

Last Agent to Sell the Property

Hope Deszell

RE/MAX FOXFIRE - HWY 40 License #619644 Listed on: 02/03/2021

RE/MAX FOXFIRE - HWY 40

Last Buyer's Agent

Mark Daconta

PREFERRED PROPERTIES OF CEN/FL License #3099925

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,378

Year Built

  • Built in 1988

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 83x120
  • South Facing Home
  • Property is zoned R1

HOA Fees

  • $984 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Metal Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Vinyl Flooring
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Outdoor Features

  • Screened Patio
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 21 / B
  • Assessor Parcel Number 35773-002-21

Community Details

Overview

  • Senior Community
  • Association fees include 24-hour guard, cable TV, community pool, recreational facilities
  • Palm Cay / Jim Day Association
  • Palm Cay Subdivision
  • The community has rules related to deed restrictions, fencing, allowable golf cart usage in the community

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Recreation Facilities
  • Shuffleboard Court
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,378

Year Built

Built in 1988

Lot Details

0

HOA Fees

$984 per month

Parking

1

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Metal Siding, Wood Siding
  • Living Area: 864.00
  • Lot Size Acres: 0.23
  • Year Built: 1988
  • Building Area Total: 1278.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM614928?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM614928?w=Customer
  • Lot Size Sq Ft: 10019
  • Building Search Sq Meters: 118.73
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM614928?w=PubMLS
  • Directions to Property: FROM FOXFIRE HWY 200 OFFICE GO WEST ON HWY 200, T/L SW 106 PLACE (ENTRANCE TO PALM CAY), AFTER GATE TAKE 1st LEFT (SW 85 TERRACE), T/R SW 106 ST TO ADDRESS ON LEFT
  • Escrow City: Ocala
  • Escrow Postal Code: 34470
  • Escrow State: FL
  • Escrow Street Name: E. Silver Springs Blvd.
  • Escrow Street Number: 503
  • List Office Head Office Key Nume: 1052129
  • Status: Sold
  • Street Direction: SW
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 3
  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Living Area Meters: 80.27
  • Street Number Modifier: 8367

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Flood Zone Code: X
  • Patio and Porch Features: Rear Porch, Screened

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Pool, Tennis Courts
  • Pet Restrictions: Number & weight
  • Monthly HOA Fees: 983.87
  • Pet Size: Small (16-35 Lbs.)
  • Association Amenities: Basketball Court, Cable, Clubhouse, Fence Restrictions, Fitness Center, Gated, Pool, Recreation Facilities, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 983.87
  • Association Fee Frequency: Monthly
  • Association Fee Requirement: Required
  • Association Name: Palm Cay / Jim Day
  • Phone: Palm Cay
  • Association: Yes
  • Senior Community: Yes
  • Association Email: 352-482-0777

Fee Information

  • Total Annual Fees: 11806.44
  • Total Monthly Fees: 983.87

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: R1
  • Parcel Number: 35773-002-21
  • Lot Features: In County, Street Paved
  • Lot Dimensions: 83x120
  • Lot Size Square Meters: 931

Rental Info

  • Minimum Lease: No Minimum
  • Exist Lse Tenant: Yes
  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Size Limit, Yes

Tax Info

  • Tax Annual Amount: 1377.63
  • Tax Block: B
  • Tax Book Number: Y-049,PALM
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Apr 14, 2021
Sold by
Ellis Eugene Edward and Cynthia Grace Wells Living Tru
Bought by
Ojeda Jesus Manuel Serrano
Seller's Agent
Hope Deszell
RE/MAX FOXFIRE - HWY 40
Buyer's Agent
Mark Daconta
PREFERRED PROPERTIES OF CEN/FL
List Price
$110,000
Sold Price
$111,700
Premium/Discount to List
$1,700
1.55%
Total Days on Market
3
Current Estimated Value
$167,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,633
Avg. Annual Appreciation
10.02%
Original Mortgage
$109,676
Outstanding Balance
$100,583
Interest Rate
3.05%
Mortgage Type
FHA
Estimated Equity
$65,609

Purchase Details

Closed on
Feb 19, 2020
Sold by
Wells Cynthia G and Ellis Eugene E
Bought by
Wells Cynthia Grace and Ellis Eugene Edward

Purchase Details

Listed on
Mar 11, 2014
Closed on
Aug 22, 2014
Sold by
Federal National Mortgage Association
Bought by
Ellis Eugene E and Wells Cynthia G
List Price
$54,900
Sold Price
$32,000
Premium/Discount to List
-$22,900
-41.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.45%

Purchase Details

Closed on
Mar 4, 2014
Sold by
Cooper Tatiana Felixovna
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 19, 2007
Sold by
Drillings Harold and Drillings Anita
Bought by
Cooper James R and Cooper Tatiana Felixovna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
6.71%
Mortgage Type
Purchase Money Mortgage
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 Buyer Sale Price Title Company
Ojeda Jesus Manuel Serrano -- Ocala Land Ttl Ins Agcy Ltd
Wells Cynthia Grace -- Attorney
Ellis Eugene E $32,000 Stewart Title Company
Federal National Mortgage Association -- Attorney
Cooper James R $75,000 Advantage Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ojeda Jesus Manuel Serrano $109,676
Previous Owner Cooper James R $71,250
Previous Owner Drillings Harold $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Off Market $32,000 -- --
04/16/2021 04/16/21 Sold $111,700 +1.5% $129 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $110,000 0.0% $127 / Sq Ft
02/01/2018 02/01/18 Rented $775 0.0% --
01/26/2018 01/26/18 Under Contract -- -- --
01/25/2018 01/25/18 For Rent $775 +14.8% --
12/26/2014 12/26/14 Rented $675 -3.6% --
11/26/2014 11/26/14 Under Contract -- -- --
10/16/2014 10/16/14 For Rent $700 0.0% --
08/22/2014 08/22/14 Sold $32,000 -41.7% $37 / Sq Ft
08/10/2014 08/10/14 Pending -- -- --
03/10/2014 03/10/14 For Sale $54,900 -- $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
2023 $2,259 $112,607 $0 $0
2022 $1,920 $102,370 $36,250 $66,120
2021 $1,504 $78,912 $29,000 $49,912
2020 $1,378 $68,115 $27,200 $40,915
2019 $1,325 $66,746 $27,200 $39,546
2018 $1,176 $58,175 $22,000 $36,175
2017 $1,059 $47,534 $12,000 $35,534
2016 $1,035 $46,595 $0 $0
2015 $969 $42,359 $0 $0
2014 $838 $36,359 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM614928

Stellar MLS

APN: 35773-002-21