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8670 Southwest 108th Lane

8670 Southwest 108th Lane, Ocala, FL 34481
Property in Belleview
Sold Jul 02, 2018
$117,500
$99,000 by James W Graves Etlx
Mortgage
Sold Apr 11, 2014
$39,000
Local assessors in Ocala, FL have categorized 8670 Southwest 108th Lane as a residential type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 6,970 square feet. The linear feet between the front and back of the lot was measured at 800 ft and the front of the lot was measured at 850 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, 2 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 2 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 8670 Southwest 108th Lane has a total of 1,288 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 416 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 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 - D. 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 forced air unit is the primary heating source and it is being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8670 Southwest 108th Lane was last sold in Jun 28, 2018 for $117,500. According to our calculations, that's $68.96 per sqft. Prior to that sales transaction, the property was sold for $39,000 in Mar 31, 2014. Current property owners are expected to pay $1,213 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 8670 Southwest 108th Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $97,571. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Poor
  • Building Quality: D
  • 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: 416
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 850
  • Total Building Area: 1,704
  • Gross Building Area: 2,058
  • Building Area: 1,288
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,288
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OAK RUN NEIGHBORHOOD 2
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 36 TWP 16 RGE 20 PLAT BOOK Y PAGE 024 OAK RUN NEIGHBORHOOD 2 BLK D LOT 19

Ownership

  • Current Owner : GRAVES JAMES W
  • Current Owner 2: GRAVES KATHY L
  • Previous Owner : MACHT JON A
  • Previous Owner 2: MACHT JANET M
  • Owner Before Previous Owner: NATIONSTAR MORTGAGE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MAP 114
  • Parcel: 7002-004-019
  • Block: D
  • Lot: 19
  • Meridian: SEC 36 TWN 16S RNG 20E
  • Municipality: COUNTY - SWFWMD-WR
  • Latitude: 29.0614
  • Longitude: -82.2631

    Address

  • Full Address: 8670 Sw 108th Ln
  • Address - House Number: 8670
  • Street Direction: SW
  • Address - Street Name: 108th
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Ocala
  • Carrier Code: R046
  • 4-Digit Zip Code: 9785
  • Zip Code: 34481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,213
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.2547
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 63
  • Final Value: 222,459
  • High Value: 279,137
  • Low Value: 165,781

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $99,000
  • First Open Lien Mortgage Lender: JAMES W GRAVES ETLX
  • First Open Lien Mortgage Recording Date: Jul 02, 2018
  • First Open Lien Mortgage Loan Amount: $99,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Private Lender: T

    Market Valuation

  • Market Total Value: $167,584
  • Market Land Value: $45,000
  • Market Improvement Value: $122,584

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $97,571

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 28, 2018
  • Current Sale Recording Date: Jul 02, 2018
  • Current Sale Transaction ID: 11484142543
  • Current Sale Price: $117,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018063864
  • Previous Sale Recording Date: Apr 11, 2014
  • Previous Sale Contract Date: Mar 31, 2014
  • Previous Sale Amount: $39,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JAMES W GRAVES ETLX
  • First Mortgage Transaction Date: Jul 02, 2018
  • First Mortgage Loan Amount: $99,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

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Frequently Asked Questions

What neighborhood is 8670 Southwest 108th Lane located in?
The 8670 Southwest 108th Lane is a located in the neighborhood of Belleview in Marion, Ocala.
What is the average sales price for listings in 8670 Southwest 108th Lane?
The average sales price for units in 8670 Southwest 108th Lane is $0 currently.

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