NOT LISTED FOR SALE

1021 SE 50th Terrace Ocala, FL 34471

Southeast Ocala Neighborhood

Estimated Value: $708,000 - $773,000

4 Beds
3.5 Baths
3,795 Sq Ft
$194/Sq Ft Est. Value

Last Sold October 31, 2019

Last sale price $465,000 $123 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,433/month

109 Days on Market

Highlights

  • Screened Pool
  • 1 Acre Lot
  • Wooded Lot
  • Forest High School Rated A-
  • Private Lot
  • No HOA

About This Home

As of October 2019

Premier SE Oak Leaf subdivision on 1 FULL acre nestled btwn horse pastures on a private paved dead end road. Perfect for kids safety and low traffic. 20ft ceilings and numerous amenities thru-out. Movie Theater with new projector. Game room (pool table included) could be used as a 5th Bedroom. Screened in pool/spa perfect for entertaining. Brand new gas heater for pool/spa. Open kitchen with granite and stainless steel appliances. Huge MB/walk-in shower, French doors open to pool/patio area. Jack N Jill beds/bath in split plan. Gas fireplace in FR that opens to patio. Mature Crepe/Magnolia/Palms. Brand new roof in 2019. New vinyl fence in 2018. 3 car garage and tons of storage thru-out the home. Auto/irrigation on well. Dual AC with UV light filters. Monitored Alarm. Owner/Agent

Last Agent to Sell the Property

Tiffani Loughlin

MAIN STREET REALTY & DEVELOP License #3087471 Listed on: 06/07/2019

Last Buyer's Agent

Michelle Jarvis

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3441447

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,682

Year Built

  • Built in 1999

Lot Details

  • 1 Acre Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • Private Lot
  • Irrigation
  • Cleared Lot
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned A-1 General Agriculture

Parking

  • 3 Car Attached Garage

Home Design

  • Split Level Home
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3,795 Sq Ft Home
  • 2-Story Property
  • Home Security System

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Well
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Oak Leaf Subdivision

Listing and Financial Details

  • Property Available on 6/7/19
  • Assessor Parcel Number 29693-001-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,682

Year Built

Built in 1999

Lot Details

0

Parking

3

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame, Stucco
  • Fireplace: No
  • Living Area: 3795
  • Lot Size Acres: 1
  • New Construction: No
  • Year Built: 1999
  • Building Area Total: 6254
  • Lot Size Sq Ft: 43560
  • Directions to Property: Turn East of SE 36th Ave. onto SE 8th Street. Follow SE 50th Terr straight, through cul-de-sac, house is on the left at the end of the white fence
  • Status: Sold
  • Street Direction: SE
  • List Office Head Office Key Nume: 1044946
  • RATIO Current Price By Calculate: 122.53
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Split Bedroom
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Total Bedrooms: 4
  • Levels: Multi/Split
  • Stories: 2
  • Street Number Modifier: 1021
  • Room Count: 0

Exterior Features

  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: Yes
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Security: Security System
  • 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: A-1 General Agriculture
  • Parcel Number: 29693-001-00
  • Additional Parcels: No
  • Lot Features: Cleared, Cul-De-Sac, Street Dead-End, Private, Wooded
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2019-06-07
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 4682

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2019
Closed on
Oct 31, 2019
Sold by
Loughlin Cudy and Loughlin Tiffani C
Bought by
Johnson Timothy and Johnson Channing
Seller's Agent
Tiffani Loughlin
MAIN STREET REALTY & DEVELOP
Buyer's Agent
Michelle Jarvis
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$479,000
Sold Price
$465,000
Premium/Discount to List
-$14,000
-2.92%
Current Estimated Value
$736,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,559
Avg. Annual Appreciation
7.97%
Original Mortgage
$465,000
Outstanding Balance
$409,892
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$326,667

Purchase Details

Closed on
Dec 15, 2015
Sold by
Hoffman Thomas and Hoffman Cynthia
Bought by
Loughlin Cody and Loughlin Tiffani C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$309,400
Interest Rate
3.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2003
Sold by
Lane Ernest E and Lane Joann T
Bought by
Hoffman Thomas G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.82%

Purchase Details

Closed on
Mar 4, 1999
Sold by
Lane Ernest E and Rand Joann T
Bought by
Krim F Joseph and Scott Henderson J
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
Johnson Timothy $465,000 Marion Lake Sumter Title Llc
Loughlin Cody $364,000 Superior Title Ins Agency Ll
Hoffman Thomas G -- Brick City Title Insurance
Krim F Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Timothy $465,000
Previous Owner Loughlin Cody $309,400
Previous Owner Hoffman Thomas G $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Off Market $465,000 -- --
10/31/2019 10/31/19 Sold $465,000 -2.9% $123 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
06/04/2019 06/04/19 For Sale $479,000 -- $126 / 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 $6,690 $448,812 -- --
2023 $6,534 $435,740 $0 $0
2022 $6,367 $423,049 $0 $0
2021 $6,380 $410,727 $33,000 $377,727
2020 $6,684 $386,890 $27,200 $359,690
2019 $5,155 $330,266 $0 $0
2018 $4,877 $324,108 $0 $0
2017 $4,789 $317,442 $0 $0
2016 $4,731 $310,913 $0 $0
2015 $3,517 $233,248 $0 $0
2014 $3,308 $231,397 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tiffani Loughlin

    Seller's Agent in 2019

    Tiffani Loughlin

    MAIN STREET REALTY & DEVELOP

    (352) 999-3697

    3 in this area

    45 Total Sales

    Tiffani Loughlin
    Section Image
  • Michelle Jarvis

    Buyer's Agent in 2019

    Michelle Jarvis

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (352) 361-7723

    28 in this area

    79 Total Sales

    Michelle Jarvis
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM557595

Stellar MLS

APN: 29693-001-00

Florida Marion County Ocala 34471 Southeast Ocala

1021 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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