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8974 Southwest 89th Loop

8974 Southwest 89th Loop, Ocala, FL 34481
Property in Fellowship
Sold Jun 25, 2019
$288,000
$102,939 by Old National Bank
Mortgage Due Mar 27, 2029
8974 Southwest 89th Loop has been categorized by the local assessors in Ocala, FL as a residential type of property. The building on the property was first built in 2017 and is 7 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8974 Southwest 89th Loop has 1,737 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,310 ft and across the front of the lot is 850 ft. The area measurement of the land has been determined as 11,326 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 464 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a hip style roof made of fiberglass. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. The property was last sold in Jun 25, 2019 for $288,000. That's $130.85 per sqft. 8974 Southwest 89th Loop was last assessed in 2023. The total value of the property was assessed at $226,802. 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 $3,250. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Quality: B
  • Building Style: Modern
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 464
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,326
  • Lot Size Depth Feet: 1,310
  • Lot Size Frontage Feet: 850
  • Total Building Area: 2,201
  • Gross Building Area: 2,597
  • Building Area: 1,737
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,737
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CANDLER
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 14 TWP 16 RGE 20 PLAT BOOK 012 PAGE 188 CANDLER HILLS WEST THE SANCTUARY AT STONEBRIDGE PHASE 1 LOT 13

Ownership

  • Current Owner : SIMPSON CHRISTPHER J
  • Current Owner 2: SIMPSON DEBORAH J
  • Previous Owner : TOP OF THE WORLD COMMUNITIES LLC
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 002605

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MAP 113
  • Parcel: 3531-0103-13
  • Lot: 13
  • Meridian: SEC 14 TWN 16S RNG 20E
  • Municipality: COUNTY - SWFWMD-WR
  • Latitude: 29.0943
  • Longitude: -82.2695

    Address

  • Full Address: 8974 Sw 89th Loop
  • Address - House Number: 8974
  • Street Direction: SW
  • Address - Street Name: 89th
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Ocala
  • Carrier Code: R084
  • 4-Digit Zip Code: 7870
  • Zip Code: 34481

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,250
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.2228
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 397,626
  • High Value: 486,256
  • Low Value: 308,997

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $102,939
  • First Open Lien Mortgage Lender: OLD NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jun 25, 2019
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $102,939
  • First Open Lien Mortgage Term: 116
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Mar 27, 2029

    Market Valuation

  • Market Total Value: $331,078
  • Market Land Value: $28,560
  • Market Improvement Value: $302,518

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $226,802

    Sales

  • Current Sale Contract Date: Jun 25, 2019
  • Current Sale Recording Date: Jun 25, 2019
  • Current Sale Transaction ID: 11622350276
  • Current Sale Price: $288,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2019065406

    Last Sale Mortgage

  • First Mortgage Lender: OLD NATIONAL BANK
  • First Mortgage Transaction Date: Jun 25, 2019
  • First Mortgage Loan Amount: $102,939
  • First Mortgage Terms: 116
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Mar 27, 2029

    Financing

  • First Mortgage Financing Type: Variable

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Frequently Asked Questions

What neighborhood is 8974 Southwest 89th Loop located in?
The 8974 Southwest 89th Loop is a located in the neighborhood of Fellowship in Marion, Ocala.
What is the average sales price for listings in 8974 Southwest 89th Loop?
The average sales price for units in 8974 Southwest 89th Loop is $0 currently.

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