15 days on rocket

Sale Pending

8586 SW 116th Lane Rd, Ocala, FL, 34481

$314,795

Home List Price

$3,738*

Closing Credit

2 Bedrooms
2 Full Baths
1,844 SqFt
$171/SqFt
House
Schools Nearby

Location

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8586 SW 116th Lane Rd, Ocala$314,795

Buyer Closing Credits

$3,738*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener
Attached Garage2 spaces
Year Built1989
HeatingElectric
CoolingCentral Air
Private PoolYes
MLS #OM678710
Lot Size0.22 Acres
StatusSale Pending
(Pending)

About 8586 SW 116th Lane Rd

Under contract-accepting backup offers. BRAND NEW ROOF 2023! Expanded Georgetown POOL HOME That Boasts An Expansive Great Room With Soaring Cathedral Ceiling And Solar Tube Providing Ample Space For Any Arrangement Of Furniture Including A Large Sectional. Wide Open - Living Dining Combo Also Allows For Oversized Dining Table And Hutch For Formal Dinners Overlooking The Entire Pool Area. Appreciate The Neutral Light Gray Color Palette In Every Room And Enjoy A Central Based Kitchen For Any Chef’s Delight With Quartz Counters And Plenty Of Cabinet Space, Upgraded Lighting, Glassfront Pantry With Floor Drain, And More. Bonus Room Off Of Kitchen Can Be Used Multiple Ways Such As Breakfast Room, Office, Or Just Extra Storage. This Space Also Includes A Wet Bar And Cabinetry to Allow Storage of Pool Supplies Etc. Along With A Pool Access Door. Spacious Family Room/Den Gives Loads of Extra Room While Being Completely Separated From The Rest Of The Home Allowing You To Watch TV, Or Even Add An Additional Day Bed To Put Up Out of Town Guests or Visiting Family Members. Double Master Suites Are Set Up As A Split Plan To Allow More Privacy Both Including Large Walk-In Closets. Both Baths Have Been Completely Remodeled From Top To Bottom With Granite Tops, Subway Tile, Faucets, Lighting And More. *** Luxury Vinyl Plank Flooring Throughout *** THERE IS NO CARPETING IN THIS HOME! Huge Inside Laundry Room Has Extra Storage Space And Is Located Just Inside From The TWO CAR GARAGE. All This Fantastically Situated Close To The Rear Gate With A Covered Lanai Viewing A Sizeable Pool and Spa That Includes Solar Cover And Electric Heat Under A Huge Screened Bird Cage. This Is No Kiddie Pool Folks, Enjoy A Full Size Pool As Upgraded Landscaping Surrounds This Beauty And In a Minute It Can All Be Yours In A Community That Offers Multiple Pools, Gyms, Golf Course, On-Site Restaurant, And Plenty Of Activities For All Interests. Just Minutes to SR 200 Ocala, Belleview, And Dunnellon. Simply Must See To Appreciate All That Has Been Meticulously Done To This Home. Before You Decide Take A Peek.

Property Details

Property Features

Property Information:

  • Year Built: 1989
  • Stories: 1
  • Living Area: 1,844 SqFt

Listing Office:

  • Office Name: SUMMERGLEN REALTY,LLC
  • Office Phone: (352) 245-0184
  • Listing Agent: Melissa Powell

Interior Features

Interior Information:

  • Appliances: Oven, Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Flooring Type: Vinyl
  • Interior: Attic Fan, Built-in Features, Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Solid Surface Counters, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener

Lot Features

Lot Information:

  • Lot: Cleared
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • West Port High School, Public Magnet Grades 9-12
  • Liberty Middle School, Public District Grades 6-8
  • Marion Oaks Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From main Hwy 200 Oak Run entrance, Enter, then T/R @ SW 83rd Ave. Rd. , T/R @ 116 Place Road, T/L @ 116 Lane Rd, home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $314,795
  • Price Per SqFt: $171/SqFt

HOA Fees:

  • Amount: $142
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $2,606
  • 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

$279.9K

Med. Price/SqFt

$173

Avg. Days On Market

59

# of Sold Homes

646

8586 SW 116th Lane Rd vs Ocala

15 DAYS ON ROCKET

-44 Days

$314,795

+$34.7K More

$171/SqFt

-$3 Less

KEY TAKEAWAY

This property is $34.7K more than the Median Sold Price and $3/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: #OM678710

Listing Office:

  • Office Name: SUMMERGLEN REALTY,LLC
  • Office Phone: (352) 245-0184
  • Listing Agent: Melissa Powell

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.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 6/1/2024, 11:49:34 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

Jul 30, 2019Home Sold
$144,000
Apr 28, 2005Home Sold
$174,900
Feb 19, 2004Home Sold
$135,000
Jul 27, 1998Home Sold
$95,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,606$139,627
2018$1,086$88,011
2017$1,031$86,201

History based on county public records data.

Payment Calculator

$1,781

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,010

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.

Elementary School

school-card-donut-6858114
3
/10

  • Marion Oaks Elementary School

  • 280 Marion Oaks Trl

  • 4.36 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6858115
2
/10

  • Liberty Middle School

  • 4773 SW 95th St

  • 4.52 miles

  • Public District Grades 6-8

High School

school-card-donut-6858116
5
/10

  • West Port High School

  • 3733 SW 80th Ave

  • 7.01 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,390. Most Ocala, FL residents have annual incomes less than $35k. The majority of families are married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8586 SW 116th Lane Rd

What is the listing price of this property?

The listing price of 8586 SW 116th Lane Rd property is $314,795.

What type of property is this?

The property 8586 SW 116th Lane Rd is a house located in Ocala, Florida, 34481.

Is this property for sale now?

Sale Pending: 8586 SW 116th Lane Rd is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 8586 SW 116th Lane Rd are:
Marion Oaks Elementary School: GreatSchools Rating 3/10
Liberty Middle School: GreatSchools Rating 2/10
West Port High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,606 (source: MLS/based on county public records data).

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

The last sale was on July 30, 2019 for $144,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8586 SW 116th Lane Rd has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8586 SW 116th Lane Rd is 1,844 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8586 SW 116th Lane Rd is 1989.

Rocket Homes›Florida›Marion County›Ocala›34481›8586 SW 116th Lane Rd

This home is located at 8586 SW 116th Lane Rd in Ocala, FL and zip code 34481 in the Oak Run neighborhood. This 1,844 square foot home, which was built in 1989, sits on a 0.22 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since May 17, 2024 and is currently priced at $314,795.

In May 2024 more than 80 listings in Ocala, FL were sold above the asking price. During the same period more than 205 listings were sold at asking price, while more than 361 were sold below. In May 2024 in Ocala, FL there were 0.4% less homes for sale than in April 2024. In May 2024, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $279,999.

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

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