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5718 Southwest 116th Street Road

5718 Southwest 116th Street Road, Ocala, FL 34476
Property in Belleview
Sold Oct 08, 2021
$222,000
$215,280 by Home Solution Lenders Inc
Mortgage Due Nov 01, 2051
Sold Feb 04, 2019
$459,000
$822,375 by Midflorida Cu
Mortgage
5718 Southwest 116th Street Road in Ocala, FL was first built in 2021 and is 3 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a modern style. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5718 Southwest 116th Street Road has 1,710 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 890 ft and the linear feet between the front and back of the lot is 1,700. In total, the area measurement of the land is 15,246 square feet.

Learn more about the property and building on this page. There is a unknown. The home has a hip style roof made of fiberglass. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 450 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of concrete block. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump. The property was last sold in Oct 4, 2021 for $222,000. That's $102.78 per sqft. Prior to that sales transaction, the property was also sold in Jan 31, 2019 for $459,000. 5718 Southwest 116th Street Road was last assessed in 2023. The total value of the property was assessed at $203,091. 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 $3,021. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 2021
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 11
  • Building Quality: C
  • Building Style: Modern
  • Exterior Walls Type: Concrete block
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 450
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 890
  • Total Building Area: 2,160
  • Gross Building Area: 2,411
  • Building Area: 1,710
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,710
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KINGSLAND COUNTRY ESTATE
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 33 TWP 16 RGE 21 PLAT BOOK P PAGE 001 KINGSLAND COUNTRY ESTATES FOREST GLENN BLK 5 LOT 42

Ownership

  • Current Owner : ACURIA STEPHANIE TALIA
  • Previous Owner : CLAYTON PROPERTIES GROUP INC
  • Owner Before Previous Owner: USA YMOR LIME INVESTMENTS LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001007

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 150
  • Parcel: 3505-005-042
  • Block: 5
  • Lot: 42
  • Meridian: SEC 33 TWN 16S RNG 21E
  • Municipality: COUNTY - SWFWMD-WR
  • Latitude: 29.0551
  • Longitude: -82.2147

    Address

  • Full Address: 5718 Sw 116th Street Rd
  • Address - House Number: 5718
  • Street Direction: SW
  • Address - Street Name: 116th Street
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Ocala
  • Carrier Code: R085
  • 4-Digit Zip Code: 8751
  • Zip Code: 34476

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,021
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.2228
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 311,753
  • High Value: 381,242
  • Low Value: 242,265

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $215,280
  • First Open Lien Mortgage Lender: HOME SOLUTION LENDERS INC
  • First Open Lien Mortgage Recording Date: Oct 08, 2021
  • First Open Lien Mortgage Loan Amount: $215,280
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $259,866
  • Market Land Value: $32,766
  • Market Improvement Value: $227,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,091

    Sales

  • Current Sale Contract Date: Oct 04, 2021
  • Current Sale Recording Date: Oct 08, 2021
  • Current Sale Transaction ID: 11860058531
  • Current Sale Price: $222,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021139267
  • Previous Sale Recording Date: Feb 04, 2019
  • Previous Sale Contract Date: Jan 31, 2019
  • Previous Sale Amount: $459,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME SOLUTION LENDERS INC
  • First Mortgage Transaction Date: Oct 08, 2021
  • First Mortgage Loan Amount: $215,280
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: MIDFLORIDA CU
  • Previous Mortgage Transaction Date: Feb 04, 2019
  • Previous Mortgage Loan Amount: $822,375
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Marion



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5718 Southwest 116th Street Road located in?
The 5718 Southwest 116th Street Road is a located in the neighborhood of Belleview in Marion, Ocala.
What is the average sales price for listings in 5718 Southwest 116th Street Road?
The average sales price for units in 5718 Southwest 116th Street Road is $0 currently.

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