NOT LISTED FOR SALE

1020 SE 50th Terrace Ocala, FL 34471

Southeast Ocala Neighborhood

Estimated Value: $527,000 - $686,000

5 Beds
3 Baths
2,985 Sq Ft
$208/Sq Ft Est. Value

Last Sold June 29, 2020

Last sale price $344,800 $116 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,310/month

68 Days on Market

Highlights

  • 0.76 Acre Lot
  • Cathedral Ceiling
  • Stone Countertops
  • Forest High School Rated A-
  • L-Shaped Dining Room
  • No HOA

About This Home

As of June 2020

Exquisitely Designed 5 Bedrooms, 3 Bath Home Located very Desirable Oak leaf Subdivision with Great Curb Appeal, Stone Exterior Columns And Shutters. Home Features, Vaulted Ceilings, Rounded Corners, Pocket Doors, Etched Glass Corner Windows In The Den, Tiled And New Wood Laminate Throughout The House, New 6" Baseboards, New Modern Lighting Throughout The House, New Faucets And 2 Brand New Ac Units And New Painted Inside And Out Beautiful Master Suite With Gas Fp, Tray Ceiling, 2 Walk-in Closets With Large Ensuite, With Walk In Tiled Shower, Separate Quartz Wrapped Garden Tub, Dual Sink Vanity With Quartz Countertops And Separate Water Closet. A Spacious Gourmet Kitchen Features Wood Cabinets, Large Pantry Closet, New Quartz Countertops, Designer Backsplash, Brand New Kitchen Aid Stainless Steel Appliances Overlooking The Great Room And A Breakfast Nook Next To The Separate Formal Living And Dining Area. The Guest Side Of The Home Includes 3 Bedrooms And A Guest Bathroom. The 5th Bedroom Is Conveniently Located Next To The Master Bedroom Which Would Work Perfectly For A Nursery Or Office With A Full Guest Bathroom Across From Its Extended Side Entrance 2 Car Garage.

Last Agent to Sell the Property

Fatima Luzuriaga

REAL ESTATE CONNECT LLC License #3146873 Listed on: 03/12/2020

Last Buyer's Agent

John Aponte

PEOPLE'S TRUST REALTY License #3225938

PEOPLE'S TRUST REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,141

Year Built

  • Built in 2004

Lot Details

  • 0.76 Acre Lot
  • East Facing Home
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,985 Sq Ft Home
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • French Doors
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Outdoor Features

  • Rain Gutters

Schools

  • Ward-Highlands Elem. Elementary School
  • Fort King Middle School
  • Forest High School

Utilities

  • Central Air
  • Heating Available
  • Thermostat

Community Details

  • No Home Owners Association
  • Oak Leaf Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,141

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: Yes
  • Living Area: 2985
  • Lot Size Acres: 0.76
  • New Construction: No
  • Year Built: 2004
  • Lot Size Sq Ft: 33106
  • Directions to Property: SE 36th Avenue to East on SE 8th Street, RT on SE 50th Terrace
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM600753?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM600753?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 115.51
  • Close to Original List Price Ratio: 0.95804
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 3
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceiling(s), Kitchen/Family Room Combo, L Dining, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Street Number Modifier: 1020
  • Room Count: 6
  • Additional Rooms: Den/Library/Office
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: French Doors, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0537D

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Ward-Highlands Elem. School
  • High School: Forest High School
  • Middle Or Junior School: Fort King Middle School

Lot Info

  • Zoning: R1
  • Parcel Number: 29694-001-06
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2008-08-28
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Annual Amount: 5141.07
  • Tax Block: A
  • Tax Book Number: 5-148
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2020
Closed on
Jun 26, 2020
Sold by
Keya Homes Inc
Bought by
Rivera Jacqueline and Concepcion Christian M
Seller's Agent
Fatima Luzuriaga
REAL ESTATE CONNECT LLC
Buyer's Agent
John Aponte
PEOPLE'S TRUST REALTY
List Price
$359,900
Sold Price
$344,800
Premium/Discount to List
-$15,100
-4.2%
Current Estimated Value
$621,897

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,097
Avg. Annual Appreciation
11.70%
Original Mortgage
$346,000
Outstanding Balance
$307,379
Interest Rate
3.2%
Mortgage Type
VA
Estimated Equity
$314,518

Purchase Details

Closed on
May 16, 2019
Sold by
Anderson Jean Ct and Wilmington Savings Fund Societ
Bought by
Keya Homes Inc

Purchase Details

Closed on
Nov 29, 2017
Sold by
Lunningham Alexia O and Lorraine Ryals Trust
Bought by
Lunningham Alexia O and Ryals Lorraine

Purchase Details

Closed on
Sep 25, 2009
Sold by
Ryals Lorraine and Marks Bennie
Bought by
Lunningham Alexia O

Purchase Details

Closed on
Nov 16, 2005
Sold by
Anderson Jean C T and Ryals Lorraine
Bought by
Ryals Lorraine and Marks Bennie

Purchase Details

Closed on
Jun 23, 2005
Sold by
Anderson Jean C T and Anderson Jean
Bought by
Anderson Jean C T and Ryals Lorraine

Purchase Details

Closed on
Mar 14, 2005
Sold by
Devonia Stud Inc
Bought by
Anderson Jean C T and Ryals Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,628
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2003
Sold by
G & S Development Of Ocala Inc
Bought by
Devonia Stud Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rivera Jacqueline $346,000 Advantage Title Llc
Keya Homes Inc $266,600 None Available
Lunningham Alexia O -- Attorney
Lunningham Alexia O -- None Available
Ryals Lorraine -- A&A Title Ins Agency Inc
Anderson Jean C T -- --
Anderson Jean C T $364,900 Advanced Title & Settlement
Devonia Stud Inc $44,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Jacqueline $346,000
Previous Owner Anderson Jean C T $346,628
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2020 06/29/20 Sold $344,800 0.0% $116 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
04/04/2020 04/04/20 Price Changed $344,800 -4.2% $116 / Sq Ft
03/12/2020 03/12/20 For Sale $359,900 -- $121 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $453 $379,518 -- --
2023 $453 $368,464 $0 $0
2022 $252 $334,258 $0 $0
2021 $446 $324,522 $30,000 $294,522
2020 $5,220 $285,474 $30,000 $255,474
2019 $5,141 $278,451 $30,000 $248,451
2018 $4,829 $265,730 $30,000 $235,730
2017 $5,253 $284,382 $30,000 $254,382
2016 $5,200 $278,079 $0 $0
2015 $4,968 $261,575 $0 $0
2014 $4,382 $247,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fatima Luzuriaga

    Seller's Agent in 2020

    Fatima Luzuriaga

    REAL ESTATE CONNECT LLC

    (352) 361-3615

    12 in this area

    157 Total Sales

    Fatima Luzuriaga
    Section Image
  • John Aponte

    Buyer's Agent in 2020

    John Aponte

    PEOPLE'S TRUST REALTY

    (352) 345-6578

    91 Total Sales

    John Aponte
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM600753

Stellar MLS

APN: 29694-001-06

Florida Marion County Ocala 34471 Southeast Ocala

1020 SE 50th Terrace, Ocala, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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