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Marion 34475
1841 NW 85th LOOP
$580,000
● House - Off Market

1841 NW 85th LOOP

OCALA, FL 34475
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,971 Ft²
$643,579
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

2009 PARADE OF HOMES WINNER BUILT BY CUSTOM BUILDER NADEAU CONSTRUCTION. 3/3 SPLIT PLAN PLUS STUDY, GOURMET EAT-IN KITCHEN WITH DESIGNER CABINETS, GRANITE COUNTERTOPS & PREMIUM STAINLESS APPLIANCES. BRAND NEW REFRIDGERATOR. LARGE  LIVING ROOM/DINING ROOM & FAMILY ROOM WITH FULL WALL HAND CUT CORAL STONE FIREPLACE. LARGE MASTER LUXURY BATH WITH ROMAN SHOWER AND TANKLESS WATER HEATER. LARGE LANAI WITH SUMMER KITCHEN, TRIPLE GARAGE & VOLUME CEILINGS THROUGHOUT. HOUSE HAS BEEN REPAINTED  WITH NEW OUTSIDE PAINT  AND TOUCH UP  INSIDE , HOME HAVE BEEN WELL TAKEN CARE OF. COME AND TAKE A LOOK YOU WONT BE DISSAPOINTED. IT IS A BEAUTIFULL HOME WITH ALL THE BELLS AND WHISTLES YOU DESIRE. I MEAN IT .
Unit Size
2,971 Ft²
Days on Market
74 days
Land Size
0.87 acres
Price per sqft
$200
Property Type
House
Property Taxes
$490
HOA Dues
$42
Year Built
2008

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #OM629524)

Price History

Date / Event Date Event Price
Jan 11, 2022 Sold
Premium
Sold
Oct 28, 2021 Listed by FOXFIRE REALTY $595,000
Listed by FOXFIRE REALTY
Mar 16, 2007 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: 2
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 11
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 805
  • Parking Space Count: 3
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 37,897
  • Lot Size Depth Feet: 2,260
  • Lot Size Frontage Feet: 1,670
  • Total Building Area: 3,776
  • Gross Building Area: 4,187
  • Building Area: 2,971
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 2,971
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IRISH ACRES
  • Land Acres: 0000000870
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 13 TWP 14 RGE 21 PLAT BOOK 010 PAGE 112 IRISH ACRES BLK A LOT 55

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 000302

Zoning

  • Zoning: RE

Geography

  • Assessors Map Reference: MAP 159
  • Parcel: 1286-001-055
  • Block: A
  • Lot: 55
  • Meridian: SEC 13 TWN 14S RNG 21E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.276
  • Longitude: -82.1578

    Address

  • Full Address: 1841 Nw 85th Loop
  • Address - House Number: 1841
  • Street Direction: NW
  • Address - Street Name: 85th
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Ocala
  • Carrier Code: R077
  • 4-Digit Zip Code: 1677
  • Zip Code: 34475

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $748,722
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.2008
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 663,115
  • High Value: 796,310
  • Low Value: 529,920

    Market Valuation

  • Market Total Value: $496,320
  • Market Land Value: $59,703
  • Market Improvement Value: $436,617

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $496,320
  • Assessed Land Value: $59,703
  • Assessed Improvements Value: $436,617

    Sales

  • Current Sale Contract Date: Jan 10, 2022
  • Current Sale Recording Date: Jan 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 5056
  • Previous Sale Recording Date: Mar 16, 2007
  • Previous Sale Contract Date: Mar 15, 2007
  • Previous Sale Amount: $109,900
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marion

Stats & Trends

Median Asking:

$287,500

Sale Price/ft²

$175

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1872 ft²

Average Home Age

21.3 years

Currently For Sale

5266 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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STELLAR

Listed by: Jose Mateo
FOXFIRE REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM629524
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1841 Northwest 85th Loop built and last sold?
The property at 1841 Northwest 85th Loop was built in 2008 and last sold on Jan 10, 2022 for $580,000.
How much is this home worth?
The estimated value of the home located at 1841 Northwest 85th Loop is $0.
What are some comparable homes to 1841 Northwest 85th Loop?
There are currently no comparable homes to 1841 Northwest 85th Loop.
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