new - 2 days on rocket

4001 SW 116th Ter, Ocala, FL, 34481

$369,900

Home List Price

$4,393*

Closing Credit

3 Bedrooms
2 Full Baths, 1 Partial
2,331 SqFt
$159/SqFt
House

Location

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4001 SW 116th Ter, Ocala$369,900

Buyer Closing Credits

$4,393*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1987
HeatingCentral, Electric, Heat Pump
CoolingCentral Air
FireplaceFamily Room, Stone
MLS #OM689514
Lot Size1.72 Acres
StatusActive

About 4001 SW 116th Ter

Spacious 3-bedroom, 2.5-bathroom residence set on 1.72 acres in Rolling Hills. The home boasts a living room with a fireplace, leading to an enclosed Florida Room featuring a half bath and a covered rear porch. It includes a formal dining room, a generously sized kitchen with counter seating, a breakfast nook for a table, and a large walk-in pantry. Ceramic tile flows through the common areas, while all bedrooms and the dining room are adorned with brand new carpet. Both bathrooms have been updated with new vanities featuring granite countertops, and all bathrooms come with brand new toilets. New light fixtures enhance the space throughout. New HVAC unit. Additionally, the home offers a spacious bonus room, ideal for a game room. There is also a 31x32 outbuilding behind the house, equipped with electricity, a half bath, and a window AC unit.

Property Details

Property Features

Property Information:

  • Year Built: 1987
  • Stories: 1
  • Living Area: 2,331 SqFt

Listing Office:

  • Office Name: CENTURY 21 AFFILIATES
  • Office Phone: (352) 479-3100
  • Listing Agent: Michelle Epperson

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Carpet, Ceramic Tile, Linoleum
  • Interior: Ceiling Fans(s), Eat-in Kitchen, Skylight(s), Thermostat
  • Fireplace: Family Room, Stone

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Storage

Virtual/3D Tour

  • Virtual Tour: 4001 SW 116th Ter
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 1.72 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Heat Pump
  • Cooling: Central Air

Other

Directions Information:

  • Directions: From I-75, Head W on Hwy 40, T/L onto SW 85th Ave, Continue onto SW 9th St Rd, Continue onto SW 95th Ave Rd, SW 95th Ave Rd turns right and becomes SW 38th St, T/L on SW 116th Terr to house on Left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $369,900
  • Price Per SqFt: $159/SqFt

Tax Information:

  • Annual Amount: $3,119
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ocala, FL.

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Ocala, FL

City

Med. Sold Price

$282.8K

Med. Price/SqFt

$174

Avg. Days On Market

65

# of Sold Homes

436

4001 SW 116th Ter vs Ocala

2 DAYS ON ROCKET

-63 Days

$369,900

+$87K More

$159/SqFt

-$15 Less

KEY TAKEAWAY

This property is $87K more than the Median Sold Price and $15/SqFt less than other homes in Ocala, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #OM689514

Listing Office:

  • Office Name: CENTURY 21 AFFILIATES
  • Office Phone: (352) 479-3100
  • Listing Agent: Michelle Epperson

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/16/2024, 10:49:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 16, 2004Home Sold
$157,100

Tax History

YEARPROP. TAXASSESSMENT
2020$3,119$167,783
2018$1,401$106,268
2017$1,338$104,082

History based on county public records data.

Payment Calculator

$1,914

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,175

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-307536
6
/10

  • Saddlewood Elementary School

  • 3700 SW 43rd Ct

  • 7.09 miles

  • Public District Grades PK-5

school-card-donut-307537
4
/10

  • Romeo Elementary School

  • 19550 SW 36th St

  • 8.09 miles

  • Public District Grades PK-5

school-card-donut-307538
5
/10

  • Dunnellon Elementary School

  • 10235 SW 180th Avenue Rd

  • 8.15 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,106. The majority of Ocala, FL residents have income between $35k-100k annually. The most common type of family is married, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4001 SW 116th Ter

What is the listing price of this property?

The listing price of 4001 SW 116th Ter property is $369,900.

What type of property is this?

The property 4001 SW 116th Ter is a house located in Ocala, Florida, 34481.

Is this property for sale now?

Active Listing: 4001 SW 116th Ter is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,119 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 16, 2004 for $157,100. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4001 SW 116th Ter has 3 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 4001 SW 116th Ter is 2,331 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4001 SW 116th Ter is 1987.

Rocket Homes›Florida›Marion County›Ocala›34481›4001 SW 116th Ter

This home is located at 4001 SW 116th Ter in Ocala, FL and zip code 34481 in the Rolling Hills neighborhood. This 2,331 square foot home, which was built in 1987, sits on a 1.72 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $369,900.

While more than 51 listings in Ocala, FL in October 2024 were sold above asking price, there were more than 144 listings sold at asking price, and more than 241 were sold below. The number of homes for sale in Ocala, FL increased by 0.6% between September 2024 and October 2024. While the average time on the market in October 2024 was 65 days, the median list price was $282,826.

From Rocket Homes Real Estate and based on county public records data.

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