Roof replaced in 2023, HVAC 2018, SOLAR PANELS installed in 2022 (seller notes minimal or zero electric bill), and Electric panel updated in 2019. Experience the best of 55+ living in the vibrant Oak Run Country Club gated community. This charming 2-bedroom, 2-bath Hampton floor plan has been thoughtfully modified to include a Bonus room/Den.The home welcomes you with a cozy front porch leading into the living room, complete with a vaulted ceiling. The spacious kitchen offers an eat-in nook, a wall pantry, and ample cabinet storage, with convenient access to the 2-car garage with sliding screen doors.Step outside to enjoy the Fenced backyard, perfect for your furry companions. The home also features a den under HVAC and a lanai with acrylic windows, adding versatility to your living space. The roomy master bedroom includes an en-suite bathroom with a step-in shower and a generous walk-in closet. Don't miss the opportunity to live in this energy-efficient home.**Embrace the 55+ lifestyle with access to 6 pools, 5 spas, 3 clubhouses, a library, billiards, card rooms, and ceramics. Connect with neighbors at the monthly pancake breakfasts and donut drop-ins and explore a variety of clubs. Play a round of golf or practice at the driving range, and enjoy recreational activities like pickleball, bocce ball, shuffleboard, horseshoes, and tennis. Let your dog make new friends at Thatcher Park's dog park. Come live this vibrant lifestyle—it’s waiting for you!
Property Details
Property Features
Property Information:
Year Built: 1991
Living Area: 1,238 SqFt
Listing Office:
Office Name: NEXT GENERATION REALTY OF MARION COUNTY LLC
Listing Agent: Tammi Gottfried
Interior Features
Interior Information:
Appliances: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator
Directions: from Hwy 200 & 110th Street - Maingate, go thru Guard gate and show your license at kiosk. Follow 110th street and make a right onto 83rd Ave Road, make 2nd right into Neighborhood 8 then 2nd left onto 116th Place Road. Follow to home on left.
Price Information
Listing Price Info
Price Summary:
List Price: $234,700
Price Per SqFt: $190/SqFt
HOA Fees:
Amount: $148
Frequency: Monthly
Tax Information:
Annual Amount: $1,880
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Ocala, FL.
This property is $49.5K less than the Median Sold Price and $16/SqFt more than other homes in Ocala, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #OM691429
Listing Office:
Office Name: NEXT GENERATION REALTY OF MARION COUNTY LLC
Listing Agent: Tammi Gottfried
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.
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: 12/17/2024, 10:49:50 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
DATE
EVENT
PRICE
Mar 15, 2019
Mar 15, 2019Home Sold
$125,750
Oct 12, 2018
Oct 12, 2018Home Sold
$84,431
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,880
$95,734
2018
$813
$66,302
2017
$787
$64,938
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,387
Per Month
Principal & Interest
$1,172
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$148
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$770
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Marion Oaks Elementary School
280 Marion Oaks Trl
Distance between this listing and this school4.62 miles
Public District Grades PK-5
7
/10
Hammett Bowen Junior Elementary School
4397 SW 95th St
Distance between this listing and this school5.01 miles
Public District Grades PK-5
4
/10
Sunrise Elementary School
375 Marion Oaks Crse
Distance between this listing and this school5.36 miles
Public Magnet Grades PK-5
Nearby Schools
3
/10
Liberty Middle School
4773 SW 95th St
Distance between this listing and this school4.85 miles
Public District Grades 6-8
2
/10
Horizon Academy at Marion Oaks
365 Marion Oaks Dr
Distance between this listing and this school5.71 miles
Public Magnet Grades 6-8
4
/10
Belleview Middle School
10500 SE 36th Ave
Distance between this listing and this school10.97 miles
Public Magnet Grades 6-8
Nearby Schools
4
/10
West Port High School
3733 SW 80th Ave
Distance between this listing and this school7.14 miles
Public Magnet Grades 9-12
3
/10
Dunnellon High School
10055 SW 180th Avenue Rd
Distance between this listing and this school9.20 miles
Public Magnet Grades 9-12
4
/10
Belleview High School
10400 SE 36th Ave
Distance between this listing and this school10.91 miles
The neighbors living near this home have an average income of $35,390. Residents of Ocala, FL typically earn less than $35k each year. Most families are married, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 8968 SW 116th Place Rd
What is the listing price of this property?
The listing price of 8968 SW 116th Place Rd property is $234,700.
What type of property is this?
The property 8968 SW 116th Place Rd is a house located in Ocala, Florida, 34481.
Is this property for sale now?
Active Listing: 8968 SW 116th Place Rd 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 $1,880 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 15, 2019 for $125,750. (source: MLS/tax record).
How many bedrooms and bathrooms does this property have?
The property at 8968 SW 116th Place Rd has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 8968 SW 116th Place Rd is 1,238 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 8968 SW 116th Place Rd is 1991.
This home is located at 8968 SW 116th Place Rd in Ocala, FL and zip code 34481 in the Oak Run neighborhood. This 1,238 square foot home, which was built in 1991, sits on a 0.20 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 17, 2024 and is currently priced at $234,700.
Over 49 listings were sold over their listed price in November 2024 in Ocala, FL. In the same period over 256 listings were sold below the listed price and 146 listings were sold for the listed price. Between October 2024 and November 2024, Ocala, FL real estate market has seen increase in the number of listings by 1.2%. In November 2024, listings were on the market for 65 days. During the same period, the median list price in this real estate market was $284,242.
From Rocket Homes Real Estate and based on county public records data.