tomo logo

$209,000

Beds
2
Baths
2.0
sq ft
1,216

8750 SW 116th Place Rd, Ocala, FL 34481

8750 SW 116th Place Rd

OCALA, FL 34481

  • 55 days on market
    • Price drop $10,900↓
JUST REDUCED 10k! Lovely improved Savannah model features laminate flooring throughout, expanded back room leading to enclosed lanai and fenced yard. Large master suite with walk-in closet. Spacious kitchen with dining area. New improvements include newer AC, appliances.

Details

Property type

Single Family Residence

Est. home value

$203,485

Lot size

7,841 sq ft

Price per sq ft

$172

Year built

1989

Annual property taxes

$932

Monthly HOA fee

$145

Price History

10/02/2024
StellarMLS

StellarMLS #OM685781

Price change
$209,000
-4.96%
09/11/2024
StellarMLS

StellarMLS #OM685781

Listed
$219,900
+117.72%
12/15/2017
StellarMLS

StellarMLS #OM526640

Sold
$101,000
+17.44%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Golf, Pool, Tennis Court(s)

Senior community center: 

Yes

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$147,809
Asking price
$209,000
Closing costs (~8% of asking)
-$16,720
Est. remaining loan balance
-$44,471
Cash to seller
$147,809

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

December 2017

Original loan amount

$70,000

Est. remaining balance

$44,471

Interest rate

3.25%

Loan type

New Conventional, 16 year

Seller

Richard Short and Debra Short

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/05/2024 at 9:00 AM

Listing updated: 10/27/2024 at 3:10 PM

Listed by: Kristopher Cernera, RE/MAX FOXFIRE - HWY200/103 S Phone #: (352) 479-0123

MLS: StellarMLS #OM685781

StellarMLS logo

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