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8980 Southwest 116th Place Road

8980 Southwest 116th Place Road, Ocala, FL 34481
Property in Belleview
Sold Feb 02, 2018
$129,000
$152,000 by Lakeview Loan Servicing Llc
Mortgage Due Aug 01, 2052
Sold Feb 11, 2009
$110,000
Local assessors in Ocala, FL have categorized 8980 Southwest 116th Place Road as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 8,276 square feet. The linear feet between the front and back of the lot was measured at 850 ft and the front of the lot was measured at 950 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 single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 8980 Southwest 116th Place Road has a total of 1,674 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. 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 702 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. In addition, there is a enclosed pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is poor. 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 gable style roof that was made of fiberglass. Lots of alum/vinyl siding 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. The property was last sold in Jan 31, 2018 for $129,000. That's $54.29 per sqft. Prior to that sales transaction, the property was also sold in Feb 4, 2009 for $110,000. 8980 Southwest 116th Place Road was last assessed in 2023. The total value of the property was assessed at $144,970. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,960. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • 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: 702
  • Parking Space Count: 2
  • Pool Type: Enclosed pool

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 850
  • Lot Size Frontage Feet: 950
  • Total Building Area: 2,376
  • Gross Building Area: 3,502
  • Building Area: 1,674
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,674
  • 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 A LOT 53

Ownership

  • Current Owner : SWENSON BRENDA LEE MCCOY
  • Previous Owner : MAKINEN MICHAEL J
  • Previous Owner 2: MICHAEL J MAKINEN TRUST
  • Owner Before Previous Owner: BUKER MARY ALICE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: PD16

Geography

  • Assessors Map Reference: MAP 114
  • Parcel: 7008-001-053
  • Block: A
  • Lot: 53
  • Meridian: SEC 36 TWN 16S RNG 20E
  • Municipality: COUNTY - SWFWMD-WR
  • Latitude: 29.0524
  • Longitude: -82.2685

    Address

  • Full Address: 8980 Sw 116th Place Rd
  • Address - House Number: 8980
  • Street Direction: SW
  • Address - Street Name: 116th Place
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Ocala
  • Carrier Code: R067
  • 4-Digit Zip Code: 3548
  • Zip Code: 34481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,960
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.2228
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 286,399
  • High Value: 350,237
  • Low Value: 222,561

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $152,000
  • First Open Lien Mortgage Lender: LAKEVIEW LOAN SERVICING LLC
  • First Open Lien Mortgage Recording Date: Jul 27, 2022
  • First Open Lien Mortgage Loan Amount: $152,000
  • 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: Aug 01, 2052

    Market Valuation

  • Market Total Value: $245,059
  • Market Land Value: $45,000
  • Market Improvement Value: $200,059

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $144,970

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 31, 2018
  • Current Sale Recording Date: Feb 02, 2018
  • Current Sale Transaction ID: 11400728773
  • Current Sale Price: $129,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018010479
  • Previous Sale Recording Date: Feb 11, 2009
  • Previous Sale Contract Date: Feb 04, 2009
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FBT MORTGAGE LLC
  • First Mortgage Transaction Date: Feb 02, 2018
  • First Mortgage Loan Amount: $103,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2048

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Frequently Asked Questions

What neighborhood is 8980 Southwest 116th Place Road located in?
The 8980 Southwest 116th Place Road is a located in the neighborhood of Belleview in Marion, Ocala.
What is the average sales price for listings in 8980 Southwest 116th Place Road?
The average sales price for units in 8980 Southwest 116th Place Road is $0 currently.

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