NOT LISTED FOR SALE

8850 SW 116th Place Rd Ocala, FL 34481

Estimated Value: $158,000 - $200,138

2 Beds
2 Baths
1,083 Sq Ft
$160/Sq Ft Est. Value

Last Sold July 25, 2024

Last sale price $172,000 $159 Per Sq Ft

Current estimated payment $1,315/month

26 Days on Market

Highlights

  • Golf Course Community
  • Senior Community
  • View of Trees or Woods
  • Fitness Center
  • Gated Community
  • Clubhouse

About This Home

As of July 2024

New Roof install scheduled for July 25. Move-in ready home in the well-established gated community of Oak Run. This two-bedroom, two-bath, two-car garage home is 1083 square feet. Enter onto newly installed LVP and tile flooring throughout. 10x14 screened porch leading to a fenced backyard. This home has many upgrades. A new 200 amp electrical panel with a whole house surge protection device, a newer water heater, and a 2018 Central Air Conditioner and Heat pump. The kitchen has a refrigerator with an icemaker, a new range oven, and a microwave oven. This home also features a full-sized two-car garage, a workbench area, and extra electrical outlets for easy home projects or crafts. It also has a utility sink in the large two-car garage and a washer and dryer. Lots of s in the garage.
The main bedroom features a spacious walk-in closet, and a convenient walk-in shower in the primary bath.
Oak Run is a 55+ gated community with 6 swimming pools, 5 relaxing whirlpools, pickleball courts, shuffleboard, tennis court, Bocce ball, a library, a dog park, a billiard room, a card room, and a ceramic studio to name a few. The Oak Run HOA fee is $146 monthly and includes garbage service, 24-hour security, basic cable, and access to the many community features. Oak Run is secured by the VGS (Virtual Guard System) Envera, included in the monthly $146 fee. Available for quick closing.

Last Agent to Sell the Property

Christian Davis

REALTY ONE GROUP MVP Brokerage Phone: 239-963-4499 License #606741 Listed on: 06/14/2024

Last Buyer's Agent

Christian Davis

REALTY ONE GROUP MVP Brokerage Phone: 239-963-4499 License #606741 Listed on: 06/14/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,605

Year Built

  • Built in 1990

Lot Details

  • 8,712 Sq Ft Lot
  • North Facing Home
  • Chain Link Fence
  • Lot Has A Rolling Slope
  • Landscaped with Trees
  • Property is zoned PD16

HOA Fees

  • $146 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Workshop in Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Woods
  • Garden

Home Design

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

Interior Spaces

  • 1,083 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Rods
  • Sliding Doors
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include 24-Hour Guard, cable TV, common area taxes, pool, recreational facilities
  • Decca Homes Association
  • Visit Association Website
  • Oak Run Nbrhd 08 B Subdivision
  • The community has rules related to allowable golf cart usage in the community

Amenities

  • Restaurant
  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Dog Park

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,605

Year Built

Built in 1990

Lot Details

0

HOA Fees

$146 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Cable TV, Common Area Taxes, Pool, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1083
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 1083
  • Lot Size Sq Ft: 8712
  • Directions to Property: from I 75. go west on Hwy 200, to Oak Run on the left, turn left into Oak Run, At the gate place your driver's license in the scanner and state you are looking for homes for sale, or the home address 8850 SW 116th Pl. Road.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Ocala
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: SE 1st Ave
  • Escrow Street Number: 109
  • List Office Head Office Key Nume: 1057266
  • Minimum Lease: 3 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 158.82
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Amenities Additional Fees: Golf is an additional fee
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 239-963-4499
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds, Rods
  • Street Number Modifier: 8850
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 100.61
  • Room Count: 6

Exterior Features

  • Direction Faces: North
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Garden, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2017-04-19
  • Flood Zone Panel: 12083C0692E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Covered, Driveway, Garage Door Opener, Workshop in Garage

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Clubhouse, Dog Park, Fitness Center, Gated Community - Guard, Golf Carts OK, Golf, Pool, Restaurant, Tennis Courts
  • Association Amenities: Cable TV, Clubhouse, Fitness Center, Gated, Pickleball Court(s), Recreation Facilities, Tennis Court(s)
  • Association Fee: 146
  • Association Fee Frequency: Monthly
  • Association Name: Decca Homes
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Complex Community Name Nccb: OAK RUN
  • Pet Restrictions: Any weight, follow leash laws, pick up after your pet
  • Association Fee Requirement: Required
  • Association Email: Decca Homes (DeccaHomes.com)
  • Association URL: Billing@deccahomes.com

Fee Information

  • Total Annual Fees: 1752.00
  • Total Monthly Fees: 146.00
  • Monthly HOA Amount: 146.00

Lot Info

  • Zoning: PD16
  • Parcel Number: 7008-001-061
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Gentle Sloping, Landscaped, Rolling Slope
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 809
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: One tenant must be 55 +, then 18+ only

Tax Info

  • Tax Annual Amount: 2605
  • Tax Block: A
  • Tax Book Number: 001-086OAK
  • Tax Lot: 61

Multi Family

  • Approval Process: Contact billing@deccahomes.com

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2024
Closed on
Jul 25, 2024
Sold by
Capone Stefani
Bought by
Morales Teresa
Seller's Agent
Christian Davis
REALTY ONE GROUP MVP
Buyer's Agent
Christian Davis
REALTY ONE GROUP MVP
List Price
$179,900
Sold Price
$172,000
Premium/Discount to List
-$7,900
-4.39%
Views
84
Current Estimated Value
$172,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$785
Avg. Annual Appreciation
0.42%

Purchase Details

Closed on
Mar 23, 2020
Sold by
Lacey Barbara
Bought by
Capone Stefani

Purchase Details

Closed on
Oct 10, 2008
Sold by
Deutsche Bank National Trust Company
Bought by
Lacey Fred W and Lacey Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 23, 2007
Sold by
Carnegie Eileen B and Carnegie James G
Bought by
Deutsche Bank National Trust Co and Encore Credit Receivable Trust 2005-3
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Morales Teresa $172,000 First International Title
Capone Stefani $80,000 Attorney
Lacey Fred W $70,000 Watson Title Ins Agency Inc
Deutsche Bank National Trust Co -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lacey Fred W $63,000
Previous Owner Carnegie James G $97,750
Previous Owner Carnegie James G $75,000
Previous Owner Carnegie James G $73,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/25/2024 07/25/24 Sold $172,000 -4.4% $159 / Sq Ft
07/11/2024 07/11/24 Pending -- -- --
06/14/2024 06/14/24 For Sale $179,900 -- $166 / 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 $2,733 $130,906 -- --
2023 $2,605 $119,005 $0 $0
2022 $2,077 $108,186 $0 $0
2021 $1,911 $98,351 $26,000 $72,351
2020 $1,722 $88,783 $24,000 $64,783
2019 $1,578 $76,753 $19,250 $57,503
2018 $1,499 $81,566 $17,550 $64,016
2017 $1,312 $63,257 $9,500 $53,757
2016 $1,404 $69,278 $0 $0
2015 $1,329 $63,554 $0 $0
2014 $1,177 $57,776 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Christian Davis

    REALTY ONE GROUP MVP

    1 in this area

    8 Total Sales

    Christian Davis
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O6213834

Stellar MLS

APN: 7008-001-061

Florida Marion County Ocala 34481

8850 SW 116th Place Rd, Ocala, FL

This home is located at 8850 SW 116th Place Rd, Ocala, FL 34481 since 14 June 2024 and is currently estimated at $172,785, approximately $159 per square foot. This property was built in 1990. 8850 SW 116th Place Rd is a home located in Marion County with nearby schools including Marion Oaks Elementary School, Horizon Academy At Marion Oaks, 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

Nearby Homes