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5716 Southwest 116th Place Road

5716 Southwest 116th Place Road, Ocala, FL 34476
Property in Belleview
Sold Oct 15, 2018
$198,000
$194,413 by Goldwater Bank Na
Mortgage Due Nov 01, 2048
Sold Jan 05, 2006
$181,200
$144,900 by Bankunited Fsb
Mortgage Due Jan 01, 2036
Local assessors in Ocala, FL have categorized 5716 Southwest 116th Place Road as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 15,246 square feet. The linear feet between the front and back of the lot was measured at 1,660 ft and the front of the lot was measured at 910 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5716 Southwest 116th Place Road has a total of 2,336 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 560 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a hip style roof that was made of fiberglass. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 5716 Southwest 116th Place Road sold most recently in Oct 15, 2018 for a total of $198,000. If you work out the math, that's approximately a cost of $109.03 per sqft. Before that, the property was also sold for $181,200 in Dec 30, 2005. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,145 in taxes each year. 5716 Southwest 116th Place Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $147,535. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Modern
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 560
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 1,660
  • Lot Size Frontage Feet: 910
  • Total Building Area: 1,816
  • Gross Building Area: 3,240
  • Building Area: 2,336
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,336
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KINGSLAND COUNTRY ESTATE
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 33 TWP 16 RGE 21 PLAT BOOK P PAGE 001 KINGSLAND COUNTRY ESTATES FOREST GLENN BLK 6 LOT 3

Ownership

  • Current Owner : ALI BEBE E
  • Previous Owner : GRANT DENNIS DAVE
  • Previous Owner 2: GRANT CAROLINE ANN
  • Owner Before Previous Owner: MARONDA HOMES INC OF FLORIDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001007

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 150
  • Parcel: 3505-006-003
  • Block: 6
  • Lot: 3
  • Meridian: SEC 33 TWN 16S RNG 21E
  • Municipality: COUNTY - SWFWMD-WR
  • Latitude: 29.0536
  • Longitude: -82.2144

    Address

  • Full Address: 5716 Sw 116th Place Rd
  • Address - House Number: 5716
  • Street Direction: SW
  • Address - Street Name: 116th Place
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Ocala
  • Carrier Code: R111
  • 4-Digit Zip Code: 9702
  • Zip Code: 34476

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,145
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.2384
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 66
  • Final Value: 332,611
  • High Value: 411,924
  • Low Value: 253,299

    Open Liens

  • Total Open Liens: 4
  • Total Open Liens Amount: $237,556
  • First Open Lien Mortgage Lender: GOLDWATER BANK NA
  • First Open Lien Mortgage Recording Date: Oct 15, 2018
  • First Open Lien Mortgage Loan Amount: $194,413
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2048
  • Second Open Lien Mortgage Lender: MIDLAND MORTGAGE
  • Second Open Lien Mortgage Recording Date: Aug 31, 2021
  • Second Open Lien Mortgage Loan Amount: $19,974
  • Second Open Lien Mortgage Term: 326
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2048
  • Third Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Third Open Lien Mortgage Recording Date: Jun 21, 2022
  • Third Open Lien Mortgage Loan Amount: $12,951
  • Third Open Lien Mortgage Term: 360
  • Third Open Lien Mortgage Position: 3
  • Third Open Lien Mortgage Loan Type: FHA
  • Third Open Lien Mortgage Loan Due Date: Mar 01, 2052
  • Fourth Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Fourth Open Lien Mortgage Recording Date: Feb 22, 2024
  • Fourth Open Lien Mortgage Loan Amount: $10,218
  • Fourth Open Lien Mortgage Term: 336
  • Fourth Open Lien Mortgage Position: 4
  • Fourth Open Lien Mortgage Loan Type: FHA
  • Fourth Open Lien Mortgage Loan Due Date: Mar 01, 2052

    Market Valuation

  • Market Total Value: $280,247
  • Market Land Value: $33,180
  • Market Improvement Value: $247,067

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $147,535

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 15, 2018
  • Current Sale Recording Date: Oct 15, 2018
  • Current Sale Transaction ID: 11522610926
  • Current Sale Price: $198,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018101380
  • Previous Sale Recording Date: Jan 05, 2006
  • Previous Sale Contract Date: Dec 30, 2005
  • Previous Sale Amount: $181,200
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLDWATER BANK NA
  • First Mortgage Transaction Date: Oct 15, 2018
  • First Mortgage Loan Amount: $194,413
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: BANKUNITED FSB
  • Previous Mortgage Transaction Date: Jan 05, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $144,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jan 01, 2036

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Frequently Asked Questions

What neighborhood is 5716 Southwest 116th Place Road located in?
The 5716 Southwest 116th Place Road is a located in the neighborhood of Belleview in Marion, Ocala.
What is the average sales price for listings in 5716 Southwest 116th Place Road?
The average sales price for units in 5716 Southwest 116th Place Road is $0 currently.

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