NOT LISTED FOR SALE

8410 NE 16th Terrace Ocala, FL 34479

Estimated Value: $1,316,000 - $1,659,000

4 Beds
5 Baths
4,179 Sq Ft
$362/Sq Ft Est. Value

Last Sold September 20, 2023

Last sale price $1,400,000 $335 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,758/month

199 Days on Market

Highlights

  • Airport or Runway
  • Gated Community
  • 2.6 Acre Lot
  • In Ground Pool
  • Reverse Osmosis System
  • Marble Flooring

About This Home

As of September 2023

When success is your brand, this is your landing spot!

Welcome to this magnificent 4179 square foot home in the exclusive Jumbolair community, a neighborhood designed for aviators and horse enthusiasts. This property is the perfect blend of luxury, comfort, and convenience, offering the best of both worlds for those who love to fly and ride.

Featuring a spacious open floor plan, this home boasts 4 bedrooms and 5 bathrooms, providing ample living space for the whole extended family or a group of friends. The large living room is filled with natural light and offers two cozy fireplaces (one inside, one out by the pool), perfect for relaxing on a cool evening. The gourmet kitchen is a cook's dream, equipped with top-of-the-line stainless steel appliances and ample counter space, making it ideal for hosting family gatherings or entertaining guests.

Step out to the outdoor living and pool area and admire the stunning sunsets and views of the surrounding countryside. The home is situated on a sprawling 2.5-acre lot, providing plenty of room for a private hanger for your aircraft. The 3-car garage offers additional storage space for your collector car .

Located in the world-famous Jumbolair neighborhood, home to the longest paved and private runway in North America! Right down the road is The World Equestrian Center. With its ideal location and desirable features, this home is a must-see for anyone looking for a comfortable and convenient home in a community that caters to their passion for flying and horses. Don't miss out on the opportunity to celebrate your success and make this house your new home.

Last Agent to Sell the Property

Todd Louis

COLDWELL BANKER M.M. PARRISH REALTORS Brokerage Phone: 352-335-4999 License #0706822 Listed on: 02/13/2023

COLDWELL BANKER M.M. PARRISH REALTORS

Last Buyer's Agent

Todd Louis

COLDWELL BANKER M.M. PARRISH REALTORS Brokerage Phone: 352-335-4999 License #0706822 Listed on: 02/13/2023

COLDWELL BANKER M.M. PARRISH REALTORS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,670

Year Built

  • Built in 2005

Lot Details

  • 2.6 Acre Lot
  • East Facing Home
  • Mature Landscaping
  • Corner Lot
  • Irrigation
  • Property is zoned A3

HOA Fees

  • $1,058 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 4,179 Sq Ft Home
  • Wet Bar
  • Bar Fridge
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Great Room
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Den

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Stone Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Engineered Wood
  • Cork
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 5 Full Bathrooms

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Heating System Uses Propane
  • Thermostat
  • Power Generator
  • Propane
  • Well
  • Tankless Water Heater
  • Water Softener
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Bob Bull Association, Phone Number (352) 362-0721
  • Jumbolair Aviation Estate Subdivision
  • The community has rules related to building or community restrictions, deed restrictions, allowable golf cart usage in the community

Additional Features

  • Airport or Runway
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,670

Year Built

Built in 2005

Lot Details

0

HOA Fees

$1,058 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 4179
  • Lot Size Acres: 2.6
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 6221
  • Lot Size Sq Ft: 113256
  • Directions to Property: From FL-326 & I-75: Head east on FL-326 4.8 miles to NE Jacksonville Rd, turn left, go .3 miles to Jumbolair entrance on left.
  • Status: Sold
  • Street Direction: NE
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Escrow City: Gainesville
  • Escrow Postal Code: 32653
  • Escrow State: FL
  • Escrow Street Name: NW 43rd Street
  • Escrow Street Number: 5532
  • List Office Head Office Key Nume: 534938124
  • RATIO Current Price By Calculate: 335.01
  • Total Acreage: 2 to less than 5
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood, Marble, Wood
  • Full Bathrooms: 5
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Solid Surface Counters, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Water Softener, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Other Equipment: Fuel Tank(s), Generator
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Street Number Modifier: 8410
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Formal Dining Room Separate,Formal Living Room Separate,Great Room
  • Living Area Meters: 388.24
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Pool Features: In Ground
  • Exterior Features: French Doors, Irrigation System, Lighting
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2008-08-28
  • Flood Zone Panel: 12083C0340D

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Propane
  • Cooling: Central Air
  • Heating: Propane
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Airport/Runway, Deed Restrictions, Gated, Golf Carts OK, Special Community Restrictions
  • Association Amenities: Airport/Runway
  • Association Fee: 12700
  • Association Fee Frequency: Annually
  • Association Name: Bob Bull
  • Phone: 352-362-0721
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 12700.00
  • Total Monthly Fees: 1058.33
  • Monthly HOA Amount: 1058.33

Lot Info

  • Zoning: A3
  • Parcel Number: 14598-002-05
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 10522
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 10670
  • Tax Block: B
  • Tax Book Number: 007-135
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2023
Closed on
Sep 20, 2023
Sold by
University Of Florida Foundation Inc
Bought by
Moses Robert Warren and Moses Norquidea M
Seller's Agent
Todd Louis
COLDWELL BANKER M.M. PARRISH REALTORS
Buyer's Agent
Todd Louis
COLDWELL BANKER M.M. PARRISH REALTORS
List Price
$1,895,000
Sold Price
$1,400,000
Premium/Discount to List
-$495,000
-26.12%
Views
568
Current Estimated Value
$1,440,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,186
Avg. Annual Appreciation
4.19%
Original Mortgage
$750,000
Outstanding Balance
$734,625
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$777,806

Purchase Details

Closed on
Dec 16, 2022
Sold by
Frances T Marino Trust
Bought by
University Of Florida Foundation Inc

Purchase Details

Listed on
Sep 21, 2016
Closed on
Nov 1, 2016
Bought by
Marino Frances T Trust
Seller's Agent
Anthony Alfarone
REAL BROKER LLC - OCALA
List Price
$1,100,000
Sold Price
$900,000
Premium/Discount to List
-$200,000
-18.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Source: Public Records

Range of Values:

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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
Moses Robert Warren $1,400,000 Bosshardt Title Insurance Agen
University Of Florida Foundation Inc $100 --
Marino Frances T Trust $900,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moses Robert Warren $750,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2023 09/20/23 Sold $1,400,000 -18.8% $335 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/10/2023 08/10/23 Price Changed $1,725,000 -9.0% $413 / Sq Ft
05/09/2023 05/09/23 For Sale $1,895,000 0.0% $453 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
02/13/2023 02/13/23 For Sale $1,895,000 +110.6% $453 / Sq Ft
03/07/2022 03/07/22 Off Market $900,000 -- --
11/18/2016 11/18/16 Sold $900,000 -18.2% $215 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $1,100,000 -- $263 / 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 $21,775 $1,364,362 $202,800 $1,161,562
2022 $10,670 $695,289 $0 $0
2021 $10,703 $675,038 $0 $0
2020 $10,630 $665,718 $0 $0
2019 $10,495 $650,751 $0 $0
2018 $9,919 $638,617 $0 $0
2017 $9,742 $625,482 $0 $0
2016 $8,919 $567,830 $0 $0
2015 $9,006 $563,883 $0 $0
2014 $8,471 $559,408 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2023

    Todd Louis

    COLDWELL BANKER M.M. PARRISH REALTORS

    (352) 316-6072

    1 in this area

    90 Total Sales

    Section Image
  • Anthony Alfarone

    Seller's Agent in 2016

    Anthony Alfarone

    REAL BROKER, LLC

    (352) 897-0771

    5 in this area

    337 Total Sales

    Section Image
  • Terri Thayer

    Seller Co-Listing Agent in 2016

    Terri Thayer

    COLDWELL BANKER REALTY

    (941) 914-0929

    24 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: GC511099

Stellar MLS

APN: 14598-002-05

Florida Marion County Ocala 34479

8410 NE 16th Terrace, Ocala, FL

This home is located at 8410 NE 16th Terrace, Ocala, FL 34479 since 13 February 2023 and is currently estimated at $1,512,431, approximately $361 per square foot. This property was built in 2005. 8410 NE 16th Terrace is a home located in Marion County with nearby schools including Anthony Elementary School, North Marion Middle School, and North Marion High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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