NOT LISTED FOR SALE

1503 SE 3rd Ave Ocala, FL 34471

Southeast Ocala Neighborhood

Estimated Value: $179,107 - $205,000

3 Beds
1 Bath
1,194 Sq Ft
$160/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $146,500 $123 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,174/month

132 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Central Heating and Cooling System
  • Eighth Street Elementary School Rated A-
  • No HOA
  • High Speed Internet

About This Home

As of August 2021

JUST REDUCED! What a great opportunity to own in the heart of Ocala. This 1944 bungalow is packed with character that is hard to find in todays home search. Current use was as a primary residence but has potential to be converted into an office for commercial use. Don't wait this will not last long. Call today to schedule your private showing.

Last Agent to Sell the Property

William Larsen

REDFIN CORPORATION License #3464144 Listed on: 01/29/2021

REDFIN CORPORATION

Last Buyer's Agent

Joe Brown

MOMENTUM REALTY - OCALA License #3059270

MOMENTUM REALTY - OCALA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $225

Year Built

  • Built in 1944

Lot Details

  • 0.25 Acre Lot
  • West Facing Home
  • Property is zoned RO

Home Design

  • Split Level Home
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,194 Sq Ft Home
  • Blinds
  • Bonus Room
  • Crawl Space
  • Range

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$225

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: No
  • Living Area: 1194
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1944
  • Lot Size Sq Ft: 10890
  • Directions to Property: From Downtown Ocala head South on Pine Ave/US-27 N/US-441 S/US-301 S/FL-25/FL-200/FL-464. Turn Left on SW 10th St. Turn Right on S Magnolia Ave. Turn Right on SE 3rd Ave. Home is on Left.
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM614604?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM614604?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97667
  • Price per Sq Ft: 122.7
  • Close to Original List Price Ratio: 0.81434
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Linoleum, Hardwood
  • Full Bathrooms: 1
  • Interior Amenities: Thermostat
  • Appliances Included: Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Window Features: Blinds
  • Street Number Modifier: 1503
  • Room Count: 9
  • Additional Rooms: Bonus Room

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0517E
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RO
  • Parcel Number: 2916-001-008
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2017-04-19

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 225
  • Tax Block: A
  • Tax Book Number: D-080,GREENV
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2021
Closed on
Jul 22, 2021
Sold by
Emery Velma V
Bought by
Bongolan Edmund
Seller's Agent
William Larsen
REDFIN CORPORATION
Buyer's Agent
Joe Brown
MOMENTUM REALTY - OCALA
List Price
$159,900
Sold Price
$146,500
Premium/Discount to List
-$13,400
-8.38%
Current Estimated Value
$191,277

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,777
Avg. Annual Appreciation
6.59%
Original Mortgage
$109,875
Outstanding Balance
$99,386
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$91,891
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bongolan Edmund $146,500 Affiliated Ttl Of Ctrl Fl Lt
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bongolan Edmund $109,875
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2021 08/23/21 Sold $146,500 -2.3% $123 / Sq Ft
06/10/2021 06/10/21 Pending -- -- --
06/01/2021 06/01/21 Price Changed $150,000 -6.2% $126 / Sq Ft
05/18/2021 05/18/21 For Sale $159,900 0.0% $134 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
04/28/2021 04/28/21 Price Changed $159,900 -5.3% $134 / Sq Ft
03/25/2021 03/25/21 Price Changed $168,900 -3.4% $141 / Sq Ft
02/16/2021 02/16/21 Price Changed $174,900 -2.8% $146 / Sq Ft
01/29/2021 01/29/21 For Sale $179,900 -- $151 / 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 $2,057 $100,155 $49,005 $51,150
2023 $2,035 $97,898 $0 $0
2022 $1,741 $88,998 $43,560 $45,438
2021 $1,614 $79,250 $43,560 $35,690
2020 $225 $37,285 $0 $0
2019 $211 $36,447 $0 $0
2018 $196 $35,767 $7,400 $28,367
2017 $192 $35,407 $7,400 $28,007
2016 $194 $35,400 $0 $0
2015 $193 $35,154 $0 $0
2014 $175 $34,903 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Brown

    Buyer's Agent in 2021

    Joe Brown

    MOMENTUM REALTY - OCALA

    (352) 274-2908

    5 in this area

    127 Total Sales

    Joe Brown
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Map

Source: Stellar MLS

MLS Number: OM614604

Stellar MLS

APN: 2916-001-008

Florida Marion County Ocala 34471 Southeast Ocala

1503 SE 3rd Ave, Ocala, FL

This home is located at 1503 SE 3rd Ave, Ocala, FL 34471 since 29 January 2021 and is currently estimated at $191,277, approximately $160 per square foot. This property was built in 1944. 1503 SE 3rd Ave is a home located in Marion County with nearby schools including Eighth Street Elementary School, Osceola Middle School, and Forest High School.

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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