NOT LISTED FOR SALE

8622 SW 116th Place Rd Ocala, FL 34481

Estimated Value: $205,000 - $244,000

2 Beds
2 Baths
1,528 Sq Ft
$148/Sq Ft Est. Value

Last Sold August 17, 2022

Last sale price $251,000 $164 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $1,485/month

2 Days on Market

Highlights

  • Golf Course Community
  • Active Adult
  • Clubhouse
  • Fitness Center
  • Gated Community
  • Ranch Style House

About This Home

As of August 2022

Impeccably maintained home! Clean, Move In Ready, NEW ROOF AUGUST 2022, NEW ELECTRIC PANEL, AC replaced in 2013, Screened in front porch, Enclosed lanai, patio out back for barbeques, 416 sq ft garage (almost a 2 car) with tons of storage, newer appliances, laminate floors, bonus room/office of dining room, updated bathrooms, 2 master suites each with their own attached bathroom plus both bedrooms have walk in closets. Stainless steel appliances, solar tube in kitchen, pull down screen with door on garage, custom blinds in acrylic enclosed lanai. Ceiling fans in living room, office, lanai and bedrooms, laminate flooring throughout except for bathrooms. Beautifully landscaped yard with curbing around trees and garden beds. Short stroll to the Island Club with 3 pools and a hot tub too! Oak Run Country Club offers a Golf Course, Restaurant, Dog Park, 6 pools, 5 hot tubs, 2 fitness centers, bocce ball, shuffleboard, tennis courts, pickleball, library, card room, billiards room, craft room and so much more. So come be a kid again at Oak Run Country Club. And...HOA fee includes trash, basic cable, use of facilities and mail delivered to your home. Close to Walmart and lots of shopping and restaurants and medical facilities.

Last Agent to Sell the Property

Louise Lane

DECCA REAL ESTATE License #3158228 Listed on: 06/16/2022

Co-Listed By

Louise M. Serago

DECCA REAL ESTATE License #3012204

Last Buyer's Agent

Matt Taylor

CB/ELLISON RLTY WEST License #3064597

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $836

Year Built

  • Built in 1989

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 105x90
  • East Facing Home
  • Mature Landscaping
  • Irrigation
  • Cleared Lot
  • Property is zoned PUD

HOA Fees

  • $129 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Ranch Style House
  • Slab Foundation
  • Steel Frame
  • Shingle Roof

Interior Spaces

  • 1,528 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sun or Florida Room
  • Security Gate

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, community pool, recreational facilities, security, trash
  • Oak Run Associates Association, Phone Number (352) 854-6210
  • Oak Run Country Club Subdivision, Newport Floorplan
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions, fencing, allowable golf cart usage in the community, vehicle restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Community Storage Space

Recreation

  • Golf Course Community
  • Tennis Courts
  • 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

$836

Year Built

Built in 1989

Lot Details

0

HOA Fees

$129 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Metal Frame
  • Fireplace: No
  • Living Area: 1528
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 1944
  • Lot Size Sq Ft: 9583
  • Directions to Property: SR200 to Oak Run. Make RIGHT onto SW 83rd Ave Road. Make RIGHT on SW 116th Street Road. Make LEFT onto SW 116th Place Road, house is on LEFT.
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM641152?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM641152?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.00884
  • Price per Sq Ft: 164.27
  • Close to Original List Price Ratio: 1.00884
  • Ratio: Current Price\Building Area Total: 129.12
  • View: No
  • Co List Office Mls Id: 271500175
  • Co List Office Phone: 352-873-6100
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 8622
  • Room Count: 6
  • Additional Rooms: Florida Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System, Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Patio, Rear Porch
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0692E
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Golf, Pool, Special Community Restrictions, Tennis Courts
  • Association Amenities: Cable TV, Clubhouse, Fence Restrictions, Fitness Center, Gated, Golf Course, Pickleball Court(s), Pool, Recreation Facilities, Security, Shuffleboard Court, Spa/Hot Tub, Storage, Tennis Court(s), Vehicle Restrictions
  • Association Fee: 129
  • Association Fee Frequency: Monthly
  • Association Name: Oak Run Associates
  • Phone: 352-854-6210
  • Association: Yes
  • Security: Gated Community, Security Gate
  • Senior Community: Yes
  • Association Email: billing@deccahomes.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1548
  • Monthly HOA Fee: 129
  • Total Monthly Fees: 129

Lot Info

  • Zoning: PUD
  • Parcel Number: 7008-002-025
  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Dimensions: 105x90
  • Flood Zone Code: X
  • Flood Zone Date: 2017-04-19
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Approval Process: Application, Affidavit of Compliance, Signed Deed Restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Must be 55 years old

Tax Info

  • Tax Annual Amount: 836
  • Tax Block: B
  • Tax Book Number: 001-064
  • Tax Lot: 25

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2022
Closed on
Aug 17, 2022
Sold by
Bourassa Marguarite J
Bought by
Cifarelli Anthony A and Cifarelli Lynda P
Seller's Agent
Louise Lane
DECCA REAL ESTATE
Buyer's Agent
Matt Taylor
CB/ELLISON RLTY WEST
List Price
$248,800
Sold Price
$251,000
Premium/Discount to List
$2,200
0.88%
Current Estimated Value
$226,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,309
Avg. Annual Appreciation
-3.19%
Original Mortgage
$131,000
Outstanding Balance
$125,031
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$101,660

Purchase Details

Listed on
Jul 10, 2013
Closed on
Nov 8, 2013
Sold by
Nofi Lynne and Carlucci Family Living Trust
Bought by
Bourassa Marguarite J
Seller's Agent
George De Benedicty
PEGASUS REALTY & ASSOC INC
List Price
$118,900
Sold Price
$87,000
Premium/Discount to List
-$31,900
-26.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.83%

Purchase Details

Closed on
Apr 12, 2011
Sold by
Moore James A and Hunsinger Teresa L
Bought by
Nofi Lynne and Carlucci Family Living Trust
Source: Public Records

Range of Values:

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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
Cifarelli Anthony A $251,000 None Listed On Document
Bourassa Marguarite J $87,000 Superior Title Insurance Age
Nofi Lynne $65,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cifarelli Anthony A $131,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/17/2022 08/17/22 Sold $251,000 +0.9% $164 / Sq Ft
06/19/2022 06/19/22 Pending -- -- --
06/16/2022 06/16/22 For Sale $248,800 +186.0% $163 / Sq Ft
04/30/2020 04/30/20 Off Market $87,000 -- --
11/08/2013 11/08/13 Sold $87,000 -26.8% $51 / Sq Ft View Prior Sale
10/09/2013 10/09/13 Pending -- -- --
07/11/2013 07/11/13 For Sale $118,900 -- $70 / 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 $1,799 $140,669 -- --
2023 $1,749 $136,572 $0 $0
2022 $828 $70,661 $0 $0
2021 $836 $68,603 $0 $0
2020 $835 $67,656 $0 $0
2019 $831 $66,135 $0 $0
2018 $803 $64,902 $0 $0
2017 $798 $63,567 $0 $0
2016 $775 $62,032 $0 $0
2015 $775 $61,601 $0 $0
2014 $740 $61,112 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM641152

Stellar MLS

APN: 7008-002-025