NOT LISTED FOR SALE

8840 SW 98th Street Rd Unit B Ocala, FL 34481

Fellowship Neighborhood

Estimated Value: $168,085 - $191,000

2 Beds
2 Baths
1,541 Sq Ft
$113/Sq Ft Est. Value

Last Sold May 04, 2021

Last sale price $139,999 $91 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,432/month

30 Days on Market

Highlights

  • Golf Course Community
  • Oak Trees
  • Gated Community
  • Fitness Center
  • Active Adult
  • Clubhouse

About This Home

As of May 2021

PRICE REDUCED! This spacious 2 bedroom, 2 bath, 2-car garage BOSTONIAN Model villa is located in the much sought after 55+ gated golf community of On Top of the World. The home has been freshly painted inside and out. Roof 2020, HVAC 2008 & 2012 water heater & Energy Efficient Windows. Laminate floors, brand-new ceramic tile floors in bathrooms, AND carpet in the bedrooms. Features like Solar tubes, 6 ceiling fans, and newly installed LED POD lighting in the living room, family room and kitchen add to the comfort level of the home. The open space concept Kitchen-Great Room is a perfect location for entertaining, with a lovely lanai and grilling space out back! PLUS a new generator dual fuel 9375 start watts gasoline and 8400 start watts with 1 LP fuel tank to keep you operational during any power outages! The monthly HOA fee includes basic cable, irrigation, roof repair, exterior painting every seven years, exterior maintenance and insurance, landscaping, trash, 24/7 guarded gates and all the amenities that OTOW has to offer; three pools, two state of the art fitness centers, and much, much more! A golf cart community with access to three shopping centers. 4 bar stools, couch and loveseat included in sale.

Last Agent to Sell the Property

Patti Doty

RE/MAX FOXFIRE - HWY200/103 S License #3358800 Listed on: 02/18/2021

RE/MAX FOXFIRE - HWY200/103 S

Last Buyer's Agent

Ralph Mills

SELLSTATE NEXT GENERATION REAL License #3050244

SELLSTATE NEXT GENERATION REAL

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,586

Year Built

  • Built in 1987

Lot Details

  • 2,000 Sq Ft Lot
  • West Facing Home
  • Mature Landscaping
  • Gentle Sloping Lot
  • Metered Sprinkler System
  • Oak Trees

HOA Fees

  • $364 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Off-Street Parking

Home Design

  • Florida Architecture
  • Villa
  • Property Attached
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,541 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Insulated Windows
  • Blinds
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 02 / 8840
  • Assessor Parcel Number 3530-2016-02

Community Details

Overview

  • Active Adult
  • Association fees include 24-hour guard, cable TV, community pool, maintenance exterior, ground maintenance, manager, pool maintenance, recreational facilities, security, trash
  • Lori Sands Association, Phone Number (352) 854-0805
  • On Top Of The World Subdivision, Bostonian Floorplan
  • On-Site Maintenance
  • Association Approval Required
  • The community has rules related to deed restrictions, fencing, allowable golf cart usage in the community

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Community Basketball Court
  • Pickleball Courts
  • Racquetball
  • Recreation Facilities
  • Shuffleboard Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Trails

Pet Policy

  • Limit on the number of pets

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,586

Year Built

Built in 1987

Lot Details

0

HOA Fees

$364 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Maintenance Exterior, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities, Security, Trash
  • Property Type: Residential
  • Property Sub Type: Villa
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Living Area: 1541.00
  • Lot Size Acres: 0.05
  • Year Built: 1987
  • Building Area Total: 2361.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM615322?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM615322?w=Customer
  • Lot Size Sq Ft: 2000
  • Building Search Sq Meters: 219.34
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM615322?w=PubMLS
  • Directions to Property: Enter OTOW via main gate on SW 99th Street Road. Turn LEFT on SW 89th Court Road. Immediately turn LEFT onto SW 98th Street Road. Follow to 2nd right, turn RIGHT on SW 98th Street Road. Villa located on right # 8840 Unit B.
  • Escrow City: Ocala
  • Escrow Postal Code: 34481
  • Escrow State: FL
  • Escrow Street Name: SW Hwy 200, Suite 104
  • Escrow Street Number: 8750
  • 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
  • Additional Rooms: Florida Room
  • Flooring: Carpet, Ceramic Tile, Laminate, Linoleum
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Insulated Windows
  • Living Area Meters: 143.16
  • Street Number Modifier: 8840

Exterior Features

  • Direction Faces: West
  • Exterior Features: Lighting, Sprinkler Metered
  • Roof: Shingle
  • Flood Zone Code: X
  • Patio and Porch Features: Covered, Front Porch
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Off Street

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Sprinkler Meter, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: In Garage
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Golf, Park, Playground, Pool, Racquetball, Sidewalk, Tennis Courts
  • Monthly HOA Fees: 363.70
  • Planned Unit Development: Yes
  • Association Amenities: Basketball Court, Cable, Clubhouse, Fence Restrictions, Fitness Center, Gated, Maintenance, Park, Pickleball Court(s), Playground, Pool, Racquet Ball, Recreation Facilities, Sauna, Security, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s), Trails
  • Association Approval Required: Yes
  • Association Fee: 363.70
  • Association Fee Frequency: Monthly
  • Association Fee Requirement: Required
  • Association Name: Lori Sands
  • Phone: 352-854-0805
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: Yes
  • Association Email: lori_sands@otowfl.com
  • Association Website: http://WWW.OTOWINFO.COM

Fee Information

  • Amenities Additional Fees: Golf memberships or pay-as-you-play, RV Storage, & personal storage units
  • Total Annual Fees: 4364.40
  • Total Monthly Fees: 363.70

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: PUD
  • Parcel Number: 3530-2016-02
  • Lot Features: Gentle Sloping, Street Paved
  • Property Attached Yn: Yes
  • Lot Size Square Meters: 186

Rental Info

  • Minimum Lease: 6 Months
  • Additional Lease Restrictions: Community standards require shortest term is 6 months and 1 week for FURNISHED properties. 12 month lease options allowed for FURNISHED OR UNFURNISHED properties.
  • Lease Restrictions: Yes
  • Pets Allowed: Number Limit

Multi Family

  • Approval Process: Apply to community, pay for and attend interview, and submit to background check.

Tax Info

  • Tax Annual Amount: 1586.03
  • Tax Block: 8840
  • Tax Book Number: P-65,BUILDIN
  • Tax Lot: 02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2021
Closed on
May 4, 2021
Sold by
Melendez Rodolfo B and Melendez Nurys C
Bought by
Gallagher Ronald H and Gallagher Doris T
Seller's Agent
Patti Doty
RE/MAX FOXFIRE - HWY200/103 S
Buyer's Agent
Ralph Mills
SELLSTATE NEXT GENERATION REAL
List Price
$148,000
Sold Price
$139,999
Premium/Discount to List
-$8,001
-5.41%
Current Estimated Value
$174,771

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,772
Avg. Annual Appreciation
5.10%
Original Mortgage
$111,999
Outstanding Balance
$84,474
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$90,297

Purchase Details

Listed on
Mar 16, 2020
Closed on
Aug 20, 2020
Sold by
Harris James P and Harris Jane A
Bought by
Melendez Rodolfo B and Melendez Nurys C
Seller's Agent
Ralph Mills
SELLSTATE NEXT GENERATION REAL
Buyer's Agent
Deidre Fernandez
MAJESTIC OAKS REALTY
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.57%
Original Mortgage
$100,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2015
Sold by
Zink Theodor L and Zink Grete
Bought by
Harris James P and Harris Jane A
Source: Public Records

Range of Values:

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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
Gallagher Ronald H $140,000 Brick City Ttl Ins Agcy Inc
Melendez Rodolfo B $125,000 Brick City Ttl Ins Agcy Inc
Melendez Rodolfo B $125,000 Brick City Title Insurance Age
Harris James P $65,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallagher Ronald H $111,999
Previous Owner Melendez Rodolfo B $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2021 05/04/21 Sold $139,999 0.0% $91 / Sq Ft
03/20/2021 03/20/21 Pending -- -- --
03/09/2021 03/09/21 Price Changed $139,999 -3.4% $91 / Sq Ft
02/26/2021 02/26/21 Price Changed $144,900 -2.1% $94 / Sq Ft
02/18/2021 02/18/21 For Sale $148,000 +18.4% $96 / Sq Ft
08/21/2020 08/21/20 Sold $125,000 -3.8% $81 / Sq Ft View Prior Sale
07/18/2020 07/18/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $129,900 +3.9% $84 / Sq Ft
04/06/2020 04/06/20 Off Market $125,000 -- --
03/16/2020 03/16/20 For Sale $129,900 -- $84 / 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 $1,724 $130,854 -- --
2023 $1,677 $127,043 $0 $0
2022 $1,623 $123,343 $0 $0
2021 $1,283 $104,581 $0 $0
2020 $1,586 $81,918 $5,000 $76,918
2019 $1,521 $79,915 $5,000 $74,915
2018 $1,379 $74,247 $5,000 $69,247
2017 $1,201 $56,339 $5,000 $51,339
2016 $1,166 $54,719 $0 $0
2015 $427 $35,338 $0 $0
2014 -- $35,058 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patti Doty

    Seller's Agent in 2021

    Patti Doty

    RE/MAX FOXFIRE - HWY200/103 S

    (352) 479-0123

    128 in this area

    133 Total Sales

    Patti Doty
    Section Image
  • Ralph Mills

    Buyer's Agent in 2021

    Ralph Mills

    SELLSTATE NEXT GENERATION REAL

    (352) 427-1217

    12 in this area

    12 Total Sales

    Ralph Mills
    Section Image

  • D

    Buyer's Agent in 2020

    Deidre Fernandez

    MAJESTIC OAKS REALTY

    (352) 233-5540

    4 in this area

    60 Total Sales

    Deidre Fernandez
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM615322

Stellar MLS

APN: 3530-2016-02

Florida Marion County Ocala 34481 Fellowship

8840 SW 98th Street Rd Unit B, Ocala, FL

This home is located at 8840 SW 98th Street Rd Unit B, Ocala, FL 34481 since 18 February 2021 and is currently estimated at $174,771, approximately $113 per square foot. This property was built in 1987. 8840 SW 98th Street Rd Unit B is a home located in Marion County with nearby schools including Hammett Bowen Jr. Elementary School, Liberty Middle School, and West Port 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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