NOT LISTED FOR SALE

8986 SE 118th Ln Summerfield, FL 34491

Estimated Value: $360,741 - $418,000

3 Beds
2 Baths
1,958 Sq Ft
$195/Sq Ft Est. Value

Last Sold July 11, 2018

Last sale price $245,000 $125 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $2,509/month

21 Days on Market

Highlights

  • On Golf Course
  • Senior Community
  • Private Lot
  • Gunite Pool
  • Gated Community
  • Formal Dining Room

About This Home

As of July 2018

Gently used snowbird home backing to DRA...dry retention area...no backyard neighbors close (southern exposure). Extended garage. Upgraded kitchen cabinetry, Corian counters, tile back splash, double pantries...one closet pantry...one with pull-outs, breakfast bar. Newer dishwasher and garbage disposal. Formal dining currently used as den. Plantation shutters. Screened lanai with flag-stone patio. Start enjoying the Florida lifestyle now. Why wait?

Last Agent to Sell the Property

Diane Siefkas

RE/MAX PREMIER REALTY LADY LK License #3136762 Listed on: 05/04/2018

RE/MAX PREMIER REALTY LADY LK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,158

Year Built

  • Built in 2005

Lot Details

  • 7,405 Sq Ft Lot
  • On Golf Course
  • Private Lot
  • Irrigation
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned PUD Planned Unit Developm

HOA Fees

  • $129 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,958 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Formal Dining Room
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Gunite Pool
  • Patio
  • Rain Gutters

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 5/4/18
  • Tax Lot 143
  • Assessor Parcel Number 6115-143-000

Community Details

Overview

  • Senior Community
  • Association fees include 24-Hour Guard, ground maintenance
  • Spruce Creek Gc Subdivision, Hanover Floorplan
  • The community has rules related to deed restrictions

Recreation

  • Golf Course Community
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,158

Year Built

Built in 2005

Lot Details

0

HOA Fees

$129 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Maintenance Grounds
  • Property Type: Residential
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1958
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 2870
  • Lot Size Sq Ft: 7405
  • Directions to Property: Del Webb Blvd. Turn left at Sherwood entrance on SE 118th Lane. Home will be on the left side...backing to DRA...dry retention area. No backyard neighbors close.
  • Status: Sold
  • Street Direction: SE
  • List Office Head Office Key Nume: 1044945
  • RATIO Current Price By Calculate: 125.13
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2018-11-05T00:00:00.000
  • Tax Year: 2018
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 8986
  • Additional Rooms: Formal Dining Room Separate
  • Room Count: 0

Exterior Features

  • Pool Features: Gunite, Heated
  • Exterior Features: Irrigation System, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Patio
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Electricity Connected, Street Lights
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated, Golf, Pool
  • Association Fee: 129
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: Yes
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 129.00

Lot Info

  • Zoning: PUD Planned Unit Developm
  • Parcel Number: 6115-143-000
  • Additional Parcels: No
  • Lot Features: Cleared, On Golf Course, Paved, Private
  • Lot Dimensions: 75.0 ft x 100.0 ft
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2018-05-04
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 2158.24
  • Tax Book Number: 008-176
  • Tax Lot: 143

Multi Family

  • Total Num Buildings: 0
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2018
Closed on
Jul 11, 2018
Sold by
Richards James W and Richards Joyce S
Bought by
Depaolo Joseph and Depaolo Laurie L Currie
Seller's Agent
Diane Siefkas
RE/MAX PREMIER REALTY LADY LK
List Price
$249,900
Sold Price
$245,000
Premium/Discount to List
-$4,900
-1.96%
Current Estimated Value
$383,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,376
Avg. Annual Appreciation
6.48%
Original Mortgage
$196,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2005
Sold by
Del Webbs Spruce Creek Communities Inc
Bought by
Richards James W and Richards Joyce S
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
Depaolo Joseph $245,000 Affiliated Title Of Central
Richards James W $237,300 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Depaolo Joseph $194,000
Closed Depaolo Joseph $196,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/11/2018 07/11/18 Sold $245,000 -2.0% $125 / Sq Ft
05/26/2018 05/26/18 Pending -- -- --
05/04/2018 05/04/18 For Sale $249,900 -- $128 / 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 $3,376 $235,074 $0 $0
2022 $3,280 $228,227 $0 $0
2021 $3,279 $221,580 $0 $0
2020 $3,253 $218,521 $39,700 $178,821
2019 $3,211 $213,938 $39,700 $174,238
2018 $2,199 $157,472 $0 $0
2017 $2,158 $154,233 $0 $0
2016 $2,117 $151,061 $0 $0
2015 $2,129 $150,011 $0 $0
2014 $2,003 $148,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Diane Siefkas

    Seller's Agent in 2018

    Diane Siefkas

    RE/MAX

    (352) 598-7391

    110 in this area

    110 Total Sales

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Map

Source: Stellar MLS

MLS Number: OM535909

Stellar MLS

APN: 6115-143-000

Florida Marion County Summerfield 34420

8986 SE 118th Ln, Summerfield, FL

This home is located at 8986 SE 118th Ln, Summerfield, FL 34491 since 04 May 2018 and is currently estimated at $381,435, approximately $194 per square foot. This property was built in 2005. 8986 SE 118th Ln is a home located in Marion County with nearby schools including Belleview Elementary School, Lake Weir Middle School, and Lake Weir 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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