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8889 Southwest 116th Street Road

8889 Southwest 116th Street Road, Ocala, FL 34481
Property in Belleview
Sold Jun 16, 2015
$99,700
$120,000 by American Financial Network Inc
Mortgage Due Apr 01, 2050
8889 Southwest 116th Street Road has been categorized by the local assessors in Ocala, FL as a residential type of property. The building on the property was first built in 1990 and is 34 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8889 Southwest 116th Street Road has 1,737 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 900 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 8,276 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 348 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as poor. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of fiberglass. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and 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, 8889 Southwest 116th Street Road sold most recently in May 29, 2015 for a total of $99,700. If you work out the math, that's approximately a cost of $47.82 per sqft. 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 $1,427 in taxes each year. 8889 Southwest 116th Street Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $116,174. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Poor
  • Building Quality: C
  • Building Style: Modern
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 348
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,085
  • Gross Building Area: 2,950
  • Building Area: 1,737
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,737
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK RUN NEIGHBORHOOD 8B
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 36 TWP 16 RGE 20 PLAT BOOK 001 PAGE 086 OAK RUN NEIGHBORHOOD 8B BLK E LOT 1

Ownership

  • Current Owner : FALKE MERRY C
  • Current Owner 2: MERRY C FALKE TRUST
  • Previous Owner : MANFREDI GRACE K
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001008

Zoning

  • Zoning: PD16

Geography

  • Assessors Map Reference: MAP 114
  • Parcel: 7008-005-001
  • Block: E
  • Lot: 1
  • Meridian: SEC 36 TWN 16S RNG 20E
  • Municipality: COUNTY - SWFWMD-WR
  • Latitude: 29.0535
  • Longitude: -82.267

    Address

  • Full Address: 8889 Sw 116th Street Rd
  • Address - House Number: 8889
  • Street Direction: SW
  • Address - Street Name: 116th Street
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Ocala
  • Carrier Code: R067
  • 4-Digit Zip Code: 5067
  • Zip Code: 34481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,427
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 267,337
  • High Value: 331,890
  • Low Value: 202,783

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Apr 24, 2020
  • First Open Lien Mortgage Loan Amount: $120,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2050

    Market Valuation

  • Market Total Value: $229,512
  • Market Land Value: $45,000
  • Market Improvement Value: $184,512

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $116,174

    Exemptions

  • Widow Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 29, 2015
  • Current Sale Recording Date: Jun 16, 2015
  • Current Sale Transaction ID: 1208750652
  • Current Sale Price: $99,700
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2015054107

    Last Sale Mortgage

  • First Mortgage Lender: SUNCOAST CU
  • First Mortgage Transaction Date: Jun 16, 2015
  • First Mortgage Loan Amount: $79,760
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2045

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Frequently Asked Questions

What neighborhood is 8889 Southwest 116th Street Road located in?
The 8889 Southwest 116th Street Road is a located in the neighborhood of Belleview in Marion, Ocala.
What is the average sales price for listings in 8889 Southwest 116th Street Road?
The average sales price for units in 8889 Southwest 116th Street Road is $0 currently.

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