NOT LISTED FOR SALE

8825 SW 116th Place Rd Ocala, FL 34481

Estimated Value: $196,000 - $213,000

2 Beds
2 Baths
1,375 Sq Ft
$149/Sq Ft Est. Value

Last Sold October 23, 2020

Last sale price $93,000 $68 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $1,481/month

7 Days on Market

Highlights

  • Golf Course Community
  • Active Adult
  • Mature Landscaping
  • Fitness Center
  • Main Floor Primary Bedroom
  • Community Pool

About This Home

As of October 2020

CASH ONLY-Welcome to this AMAZING CASH ONLY property located in Oak Run! This 2 bedroom, 2 bathroom, 2 car garage is a GREAT DEAL! 1375 square feet and is fenced in. This adorable fixer-upper has an updated glass enclosed sunroom. Oak Run is an active adult community in the heart of central Florida. This established 55+ community offers over 100 clubs and interest groups. Oak Run offers an ideal blend of expansive community amenities with a close-knit neighborhood feel.
CASH ONLY. This property is only available for 7 days! Room dimensions are estimated.

Last Agent to Sell the Property

Lucas Isaza

ALL FLORIDA HOMES REALTY LLC License #3414084 Listed on: 10/08/2020

Last Buyer's Agent

Tammi Gottfried

NEXT GENERATION REALTY OF MARION COUNTY License #3389348

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,800

Year Built

  • Built in 1990

Lot Details

  • 7,840 Sq Ft Lot
  • Southeast Facing Home
  • Chain Link Fence
  • Mature Landscaping
  • Cleared Lot

HOA Fees

  • $119 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 1,375 Sq Ft Home
  • Ceiling Fan
  • Laundry in unit

Kitchen

  • Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Accessible Home Design

  • Accessible Approach with Ramp

Outdoor Features

  • Rain Gutters
  • Front Porch

Utilities

  • Central Air
  • Heat Pump System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include 24-hour guard, cable TV, community pool, sewer, trash
  • Ken Post Association, Phone Number (352) 237-9652
  • Oak Run Subdivision
  • The community has rules related to building or community restrictions, deed restrictions, allowable golf cart usage in the community

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,800

Year Built

Built in 1990

Lot Details

0

HOA Fees

$119 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Sewer, Trash
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1375
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1990
  • Accessibility Features: Accessible Approach with Ramp
  • Building Area Total: 2400
  • Lot Size Sq Ft: 7840
  • Directions to Property: SR200 TO OAK RUN. MAKE (R) ONTO SW83RD AVE RD. (R) ONTO 116TH PLACE RD.
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM609816?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM609816?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.93939
  • Price per Sq Ft: 67.64
  • Close to Original List Price Ratio: 0.93939
  • Ratio: Current Price\Building Area Total: 38.75
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Thermostat
  • Appliances Included: Cooktop, Dishwasher, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 8825
  • Room Count: 3

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Fenced, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • 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: 2
  • Garage Yn: Yes
  • Parking Features: Driveway
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Golf Carts OK, Golf, Pool, Special Community Restrictions, Tennis Courts
  • Association Amenities: Cable TV, Fitness Center, Pool
  • Association Fee: 119.49
  • Association Fee Frequency: Monthly
  • Association Name: Ken Post
  • Phone: 3522379652
  • Association: Yes
  • Senior Community: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1433.88
  • Monthly HOA Fee: 119.49
  • Total Monthly Fees: 119.49

Lot Info

  • Zoning: RESI
  • Parcel Number: 7008-004-002
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Cleared
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1800.34
  • Tax Block: 7008-00
  • Tax Book Number: 001/86
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Oct 23, 2020
Sold by
Protected Property Llc
Bought by
Dogbone Llc
Seller's Agent
Lucas Isaza
ALL FLORIDA HOMES REALTY LLC
Buyer's Agent
Tammi Gottfried
NEXT GENERATION REALTY OF MARION COUNTY
List Price
$99,000
Sold Price
$93,000
Premium/Discount to List
-$6,000
-6.06%
Current Estimated Value
$205,429

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,429
Avg. Annual Appreciation
17.33%

Purchase Details

Listed on
Oct 8, 2020
Closed on
Sep 29, 2020
Sold by
Horton Robert
Bought by
Protected Property Llc
Seller's Agent
Lucas Isaza
ALL FLORIDA HOMES REALTY LLC
Buyer's Agent
Tammi Gottfried
NEXT GENERATION REALTY OF MARION COUNTY
List Price
$99,000
Sold Price
$93,000
Premium/Discount to List
-$6,000
-6.06%

Purchase Details

Closed on
Mar 25, 2020
Sold by
Horton William R
Bought by
Protected Property Llc

Purchase Details

Closed on
Sep 6, 2013
Sold by
Clement Kathleen H and Horton Williamt
Bought by
Horton William T

Purchase Details

Closed on
Jan 12, 2010
Sold by
Horton William H and Horton Hilda M
Bought by
Horton William H and Horton Hilda M

Purchase Details

Closed on
Sep 27, 2007
Sold by
Horton William H and Horton Hilda M
Bought by
Horton William T and Clement Kathleen H
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
Dogbone Llc $93,500 Attorney
Protected Property Llc $10,000 None Available
Protected Property Llc -- None Available
Protected Property Llc -- None Available
Horton William T $40,000 First International Title
Horton William H -- None Available
Horton William T -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2020 10/23/20 Sold $93,000 0.0% $68 / Sq Ft
10/17/2020 10/17/20 Off Market $93,000 -- --
10/15/2020 10/15/20 Pending -- -- --
10/08/2020 10/08/20 For Sale $99,000 -- $72 / 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 $3,213 $155,620 -- --
2023 $3,047 $141,473 $0 $0
2022 $2,410 $128,612 $0 $0
2021 $2,216 $116,920 $26,000 $90,920
2020 $1,992 $105,220 $24,000 $81,220
2019 $1,825 $91,364 $19,250 $72,114
2018 $1,748 $97,764 $17,550 $80,214
2017 $1,531 $76,796 $9,500 $67,296
2016 $1,654 $84,522 $0 $0
2015 $1,567 $77,571 $0 $0
2014 $1,378 $70,519 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM609816

Stellar MLS

APN: 7008-004-002