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Off market
  • $1,080,700

    8585 NW 118th Ter, Ocala, FL 34482

    5beds
    3,897sqft
    SingleFamily
    Built in 1987
    11.55 Acres Lot
    $1,080,700 Zestimate®
    $277/sqft
    $5,933 Estimated rent

    Home value

    $1,080,700

    $811,000 - $1.42M

    $5,933/mo

    Zestimate® history
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    What's special

    Expansive Equestrian Farm with private Gated entry, mature pastures and fully functional facilities, perfectly situated in Timber Lakes NW Equine Community. This property is minutes to HITS and the New World Equestrian Center South. The 5 bedroom 5 bath Ranch style home makes for very versatile living. The entire 11.55 acres is fenced and x-fenced with paddocks, custom round pen, 3 barns, total of 12 stalls, several air conditioned tack rooms, barn office. Property features mature scattered oak trees and irrigated landscaping. Home has a new roof, impressive foyer with cathedral beamed ceilings, separate dining room, 2 fireplaces, tile floors, 3 car garage, huge laundry room and a whole house generator.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 5
    • Full bathrooms: 3
    • 1/2 bathrooms: 2
    Heating
    • Heat pump, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Microwave, Range / Oven, Refrigerator, Washer
    Features
    • Flooring: Tile, Carpet
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 3,897 sqft

    Property

    Parking
    • Parking features: Garage - Attached
    Features
    • Exterior features: Stucco
    Lot
    • Size: 11.55 Acres
    Details
    • Parcel number: 1243003000
    • Zoning: A-1 General Agriculture

    Construction

    Type & style
    • Home type: SingleFamily
    Materials
    • Frame
    • Foundation: Slab
    • Roof: Composition
    Condition
    • Year built: 1987

    Utilities & green energy

    • Sewer: Septic

    Community & HOA

    Location
    • Region: Ocala

    Financial & listing details

    • Price per square foot: $277/sqft
    • Tax assessed value: $791,177
    • Annual tax amount: $8,821

    Price history

    DateEventPrice
    5/11/2021Listing removed--
    Source: Stellar MLS #OM613452 Report a problem
    2/19/2021Pending sale$659,000$169/sqft
    Source: Stellar MLS #OM613452 Report a problem
    1/28/2021Listed for sale$659,000+10%$169/sqft
    Source: Stellar MLS #OM613452 Report a problem
    5/1/2019Listing removed$599,000$154/sqft
    Source: OCALA HOMES AND FARMS #544684 Report a problem
    9/9/2018Listed for sale$599,000$154/sqft
    Source: MARITI REALTY INTERNATIONAL, INC. #532497 Report a problem
    8/30/2018Pending sale$599,000$154/sqft
    Source: MARITI REALTY INTERNATIONAL, INC. #532497 Report a problem
    2/8/2017Listed for sale$599,000+3.5%$154/sqft
    Source: KELLER WILLIAMS CORNERSTONE REAL ESTATE #513620 Report a problem
    9/29/2016Listing removed$579,000$149/sqft
    Source: Keller Williams - Ocala #436702 Report a problem
    12/17/2015Listed for sale$579,000$149/sqft
    Source: Keller Williams Cornerstone Realty Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$8,821 -21%$582,415 -19.9%
    2023$11,171 +29.4%$726,906 +15%
    2022$8,631 -4.3%$632,205 +21.9%
    2021$9,018 +10.3%$518,628 +10%
    2020$8,178 +0.5%$471,480 +1.6%
    2019$8,141 $464,184 +6%
    2018$8,141 +62.2%$437,880 +49.5%
    2017$5,020 +5.8%$292,818 +4.7%
    2016$4,743 $279,785 +5.2%
    2015$4,743 +8.4%$266,055 +3.4%
    2014$4,377 +27.6%$257,268 +8.4%
    2013$3,430 +5.8%$237,424 +4.3%
    2012$3,241 -1.8%$227,709 -1.5%
    2011$3,301 +1.2%$231,073 +1.2%
    2010$3,262 +5.2%$228,301 -47%
    2009$3,101 +1.6%$430,587 -10.8%
    2008$3,052 -5.8%$482,891 -24.4%
    2007$3,241 -7.2%$639,142 +92%
    2006$3,494 +8.4%$332,817 +7.8%
    2005$3,222 $308,740 +14.2%
    2004$3,222 -5.9%$270,442 +11.9%
    2002$3,423 +6.2%$241,755 +3.3%
    2001$3,222 $233,962
    2000$3,222 $233,962
    Find assessor info on the county website

    Neighborhood: 34482

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,080,700
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    Estimated market value
    $1,080,700