$125,000
SOLD AUG 21, 2020

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

Fellowship Neighborhood
2 Beds
2 Baths
1,541 Sq Ft
$359/mo HOA Fee

Recently Sold

$81 Per Sq Ft

4% Below List Price

124 Days on Market

Highlights

  • Golf Course Community
  • Senior Community
  • Clubhouse
  • Fitness Center
  • Gated Community
  • Florida Architecture

About This Home

As of May 2021

Are you ready for a well-maintained move-in ready home that includes furniture, dishes and appliances? This Bostonian model features 2 bedrooms, 2 baths, 2 car garage, living room and family room and the kitchen has an island and many storage cabinets. This home has new a GAF dimensional shingle roof 12/19 plus a new generator dual fuel 9375 start watts gasoline and 8400 start watts with 2 LP fuel tanks to keep you operational during storms or power outages. The home features “smart phone” remote control of interior and exterior with Arlo wi-fi security cameras, remote control of Honeywell smart thermostat, remote controlled MY Q smartphone garage door opening and closing. While you are at lunch your included “Shark Robot sweeper” can clean the floors.
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.
This is an RC flyer’s dream with work room on the lanai and a 2009 Yamaha drive golf cart with rear seat and full curtain, rear walker carrier, RC airplane carrier with new batteries in 2017.
All personal pictures, paintings (marked with blue tape) RC airplane equipment, laptop computer, XM radio receiver and clothing will be removed by the seller.

Last Agent to Sell the Property

Ralph Mills

SELLSTATE NEXT GENERATION REAL License #3050244 Listed on: 03/16/2020

SELLSTATE NEXT GENERATION REAL

Last Buyer's Agent

Deidre Fernandez

MAJESTIC OAKS REALTY License #3455490

Property Details

Home Type

  • Co-Op

Est. Annual Taxes

  • $1,521

Year Built

  • Built in 1987

Lot Details

  • 2,000 Sq Ft Lot
  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $359 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

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

Interior Spaces

  • 1,541 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Window Treatments
  • Family Room Off Kitchen

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector

Accessible Home Design

  • Wheelchair Access

Outdoor Features

  • Covered patio or porch
  • Rain Gutters

Utilities

  • Central Air
  • Heating Available
  • Vented Exhaust Fan
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • Private Sewer
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Legal Lot and Block 02 / 8840
  • Assessor Parcel Number 3530-2016-02

Community Details

Overview

  • Senior Community
  • Association fees include 24-hour guard, cable TV, community pool, maintenance structure, ground maintenance, security
  • Lori Sands Association, Phone Number (352) 854-0805
  • On Top Of The World Condos
  • On Top Of The World Subdivision, Bostonian Floorplan
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions
  • Community features wheelchair access
  • Handicap Modified Features In Community

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Racquetball
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park
  • Trails

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Gated Community

Property Details

Home Type

Co-Op

Est. Annual Taxes

$1,521

Year Built

Built in 1987

Lot Details

0

HOA Fees

$359 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Maintenance Structure, Maintenance Grounds, Security
  • Property Type: Residential
  • Property Sub Type: Villa
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1541
  • Lot Size Acres: 0.05
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 2361
  • Lot Size Sq Ft: 2000
  • Directions to Property: FROM HWY 200 IN MAIN GATE OF ON TOP OF THE WORLD TO LEFT ON SW 89 CT RD TO LEFT ON SW 98 ST RD
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM601565?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM601565?w=Customer
  • FCHR URL: Yes
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.96228
  • Price per Sq Ft: 81.12
  • Close to Original List Price Ratio: 0.96228
  • Ratio: Current Price\Building Area Total: 52.94
  • View: No
  • Ownership: Co-op
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate, Linoleum
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 8840
  • Room Count: 3
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0684E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric, Exhaust Fans
  • Laundry Features: In Garage
  • Sewer: Private Sewer
  • Water Source: Private
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Golf, Handicap Modified, Park, Playground, Pool, Racquetball, Tennis Courts, Wheelchair Access
  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Golf Course, Maintenance, Park, Pickleball Court(s), Playground, Pool, Racquetball, Sauna, Security, Spa/Hot Tub, Tennis Court(s), Trail(s), Wheelchair Access
  • Association Fee: 358.59
  • Association Fee Frequency: Monthly
  • Association Name: Lori Sands
  • Phone: 352-854-0805
  • Association: Yes
  • Security: Gated Community, Security Gate, Smoke Detector(s)
  • Senior Community: Yes
  • Association Email: lori_sands@otowfl.com
  • Complex Community Name NCCB: ON TOP OF THE WORLD
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4303.08
  • Monthly HOA Fee: 358.59
  • Total Monthly Fees: 358.59

Lot Info

  • Zoning: PUD
  • Parcel Number: 3530-2016-02
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2017-04-19
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: none

Tax Info

  • Tax Annual Amount: 1521
  • Tax Block: 8840
  • Tax Book Number: P-65
  • 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
$181,343

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,344
Avg. Annual Appreciation
6.38%
Original Mortgage
$111,999
Outstanding Balance
$87,273
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$94,593

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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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 Type Sale Price Title Company
Warranty Deed $140,000 Brick City Ttl Ins Agcy Inc
Warranty Deed $125,000 Brick City Ttl Ins Agcy Inc
Warranty Deed $65,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $111,999 New Conventional
Previous Owner $100,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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

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Map

Source: Stellar MLS

MLS Number: OM601565

Stellar MLS

APN: 3530-2016-02