NOT LISTED FOR SALE

8564 SW 107th Ln Ocala, FL 34481

Estimated Value: $156,000 - $172,000

2 Beds
2 Baths
1,062 Sq Ft
$154/Sq Ft Est. Value

Last Sold January 13, 2023

Last sale price $190,000 $179 Per Sq Ft

Est. 14% decrease in value since last sale

Current estimated payment $1,204/month

4 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Traditional Architecture
  • Active Adult
  • Clubhouse
  • Engineered Wood Flooring

About This Home

As of January 2023

You won't want to miss this one. Located in the quiet 55+ neighborhood of Palm Cay. You will find this 2 bedroom 2 bath home on a corner next to an open green space. It is charming and bright with many updates. Solid surface flooring throughout the home. Large living room opens to the dinning area and through to the sun room. The master has on on suite bathroom with walk in closet. The second bedroom and bath are spacious. You will discover lots of storage in this home with a butlers pantry in the oversized laundry room and a wall of cabinets in the garage. The home has a paver patio off the sun room and there is a fenced yard for your four legged friends. The community is very active with water aerobics, tennis, pickle ball, bocce ball, shuffle board, horse shoes, cards, billiards, and darts. You'll find a library, a craft room, gym, weekly bingo and many community socials. This community is close to shopping, restaurants, medical facilities, public parks and the world equestrian center. So many reasons to make this your next home. Call me today for a showing. New roof to be installed prior to closing.

Last Agent to Sell the Property

Courtney Moody

NEXTHOME PROFESSIONAL REALTY License #3104744 Listed on: 11/28/2022

NEXTHOME PROFESSIONAL REALTY

Last Buyer's Agent

Gina Befumo

LPT REALTY, LLC License #3290248

LPT REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,808

Year Built

  • Built in 1988

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 84x124
  • Northwest Facing Home
  • Chain Link Fence
  • Mature Landscaping
  • Corner Lot
  • Level Lot
  • Irrigation
  • Cleared Lot
  • Property is zoned B2

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,062 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Sun or Florida Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Engineered Wood
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

  • Security Gate
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include 24-hour guard, common area taxes, community pool, pool maintenance, recreational facilities, security
  • Jim Day / Heritage Management Association, Phone Number (352) 842-0233
  • Palm Cay Subdivision
  • The community has rules related to building or community restrictions, deed restrictions, allowable golf cart usage in the community

Amenities

  • Clubhouse

Recreation

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

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,808

Year Built

Built in 1988

Lot Details

0

HOA Fees

$105 per month

Parking

1

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Common Area Taxes, Community Pool, Pool Maintenance, Recreational Facilities, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1062
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 1254
  • Lot Size Sq Ft: 10454
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM649445?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM649445?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 3525724904
  • Ratio: Close Price\List Price: 0.95048
  • Price per Sq Ft: 178.91
  • Close to Original List Price Ratio: 0.95048
  • Ratio: Current Price\Building Area Total: 151.52
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Engineered Hardwood, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Room Count: 9
  • Additional Rooms: Florida Room
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: Northwest
  • Pool Features: Other
  • Exterior Features: Fenced, Irrigation System, Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Pool, Special Community Restrictions, Tennis Courts
  • Association Amenities: Basketball Court, Clubhouse, Fitness Center, Gated, Pickleball Court(s), Pool, Recreation Facilities, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 104.7
  • Association Fee Frequency: Monthly
  • Association Name: Jim Day / Heritage Management
  • Phone: 352-842-0233
  • Association: Yes
  • Security: Gated Community, Security Gate, Smoke Detector(s)
  • Senior Community: Yes
  • Association Email: jim@heritagemanagement.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1256.4
  • Monthly HOA Fee: 104.7
  • Total Monthly Fees: 104.7

Lot Info

  • Zoning: B2
  • Parcel Number: 35773-006-08
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Cleared, Corner Lot, Level
  • Lot Dimensions: 84x124
  • Property Attached Yn: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Size Limit
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1808.02
  • Tax Block: F
  • Tax Book Number: Y-049
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2022
Closed on
Jan 13, 2023
Sold by
Hughes Kevin S and Hughes Maria L
Bought by
Driscoll Dennis J and Driscoll Lisa E
Seller's Agent
Courtney Moody
NEXTHOME PROFESSIONAL REALTY
Buyer's Agent
Gina Befumo
LPT REALTY, LLC
List Price
$199,900
Sold Price
$190,000
Premium/Discount to List
-$9,900
-4.95%
Views
12
Current Estimated Value
$163,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,698
Avg. Annual Appreciation
-4.86%

Purchase Details

Listed on
Oct 16, 2019
Closed on
Dec 3, 2019
Sold by
Furbush Naomi and Furbush Naomi W
Bought by
Hughes Maria L and Hughes Kevin S
Seller's Agent
Paul Valois
BERKSHIRE HATHAWAY HS FLORIDA
Buyer's Agent
Janice Equi
FONTANA REALTY
List Price
$110,000
Sold Price
$94,000
Premium/Discount to List
-$16,000
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.39%
Original Mortgage
$65,800
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 6, 2011
Closed on
Feb 14, 2012
Sold by
Jacobsen Donald William and Dickten Denise E
Bought by
Furbush Naomi
Buyer's Agent
Kathleen Van
RE/MAX FOXFIRE - HWY200/103 S
List Price
$65,000
Sold Price
$40,000
Premium/Discount to List
-$25,000
-38.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.56%
Original Mortgage
$40,816
Interest Rate
3.91%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Driscoll Dennis J $197,000 Affiliated Title
Hughes Maria L $94,000 Equitable Title Of Ocala Llc
Furbush Naomi $40,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hughes Maria L $65,800
Previous Owner Furbush Naomi $40,816
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/13/2023 01/13/23 Sold $190,000 -5.0% $179 / Sq Ft
12/03/2022 12/03/22 Pending -- -- --
11/28/2022 11/28/22 For Sale $199,900 +399.8% $188 / Sq Ft
03/07/2022 03/07/22 Off Market $40,000 -- --
04/23/2020 04/23/20 Off Market $94,000 -- --
12/06/2019 12/06/19 Sold $94,000 -14.5% $89 / Sq Ft View Prior Sale
11/01/2019 11/01/19 Pending -- -- --
10/15/2019 10/15/19 For Sale $110,000 +175.0% $104 / Sq Ft
02/15/2012 02/15/12 Sold $40,000 -38.5% $43 / Sq Ft View Prior Sale
12/02/2011 12/02/11 Pending -- -- --
07/01/2011 07/01/11 For Sale $65,000 -- $69 / 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
2025 $3,007 $162,389 $34,800 $127,589
2024 $2,424 $135,706 $44,000 $91,706
2023 $2,147 $95,440 $0 $0
2022 $1,808 $86,764 $0 $0
2021 $1,621 $83,113 $29,000 $54,113
2020 $1,483 $71,705 $27,200 $44,505
2019 $1,390 $70,318 $27,200 $43,118
2018 $1,233 $61,541 $22,000 $39,541
2017 $1,113 $50,920 $12,000 $38,920
2016 $1,066 $47,038 $0 $0
2015 $972 $41,325 $0 $0
2014 $857 $37,568 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM649445

Stellar MLS

APN: 35773-006-08