NOT LISTED FOR SALE

1505 NE 55th St Ocala, FL 34479

Estimated Value: $110,411 - $160,000

2 Beds
1 Bath
784 Sq Ft
$173/Sq Ft Est. Value

Last Sold May 19, 2016

Last sale price $19,000 $24 Per Sq Ft

Est. 614% increase in value since last sale

Current estimated payment $818/month

86 Days on Market

Highlights

  • Race Track
  • No HOA
  • Carpet
  • Vanguard High School Rated A-
  • Covered Patio or Porch
  • 1-Story Property

About This Home

As of May 2016

Quaint two bedroom, one bath home located in the Ocala Terrace subdivision of NE Ocala. Features include 784 sq. ft. of living, open living room, kitchen, covered patio, and nice size back yard. Opportunity to customize to your needs and likings. This is a Fannie Mae property.

Last Agent to Sell the Property

Clay Lehman

RESOLUTE REAL ESTATE LLC License #3373140 Listed on: 02/09/2016

Last Buyer's Agent

Emily Walker

FLORIDA ADVANTAGE REALTY GROUP License #3047898

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1947

Lot Details

  • 0.33 Acre Lot
  • Cleared Lot
  • Property is zoned R-1 Single Family Dwellin

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 784 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Schools

  • Ocala Springs Elem. Elementary School
  • Howard Middle School
  • Vanguard High School

Utilities

  • No Cooling
  • No Heating
  • Well
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • Race Track

Community Details

  • No Home Owners Association
  • Ocala Terrace Subdivision

Listing and Financial Details

  • Property Available on 2/9/16
  • Legal Lot and Block 21 / 1
  • Assessor Parcel Number 1511-001-021

Home Details

Home Type

Single Family

Year Built

Built in 1947

Lot Details

0

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame
  • Fireplace: No
  • Living Area: 784
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1947
  • Building Area Total: 1064
  • Lot Size Sq Ft: 14375
  • Directions to Property: From 25th Ave, W on Silver Springs Blvd, R on NE 8th Ave, Continue onto NE Jacksonville Rd, L onto NE 55th St, Home will be on the R
  • Status: Sold
  • Street Direction: NE
  • List Office Head Office Key Nume: 1044944
  • RATIO Current Price By Calculate: 24.23
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2016-05-30T00:00:00.000
  • Tax Year: 2018
  • Special Features: RealEstateOwned

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Appliances Included: None
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1505
  • Room Count: 2

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Covered, Patio
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: None
  • Heating: None
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Ocala Springs Elem. School
  • High School: Vanguard High School
  • Middle Or Junior School: Howard Middle

Lot Info

  • Zoning: R-1 Single Family Dwellin
  • Parcel Number: 1511-001-021
  • Additional Parcels: No
  • Lot Features: Cleared, Paved
  • Horse Amenities: None, Race Track
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2016-02-09
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 588
  • Tax Block: 1
  • Tax Book Number: C-001
  • Tax Lot: 21

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2016
Closed on
May 19, 2016
Sold by
Federal National Mortgage Association
Bought by
Rodriguez Antonio
Seller's Agent
Clay Lehman
RESOLUTE REAL ESTATE LLC
Buyer's Agent
Emily Walker
FLORIDA ADVANTAGE REALTY GROUP
List Price
$25,500
Sold Price
$19,000
Premium/Discount to List
-$6,500
-25.49%
Current Estimated Value
$135,603

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,603
Avg. Annual Appreciation
23.22%

Purchase Details

Closed on
Jan 25, 2016
Sold by
Sexton Sheila Medeiros
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 1, 2016
Bought by
Rodriguez Antonio

Purchase Details

Closed on
Feb 4, 2000
Sold by
Hud
Bought by
Sexton Sheila Medeiros

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,609
Interest Rate
8.21%

Purchase Details

Closed on
Nov 18, 1999
Sold by
Midfirst Bank
Bought by
Hud
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
Rodriguez Antonio $19,000 Title & Abatract Of Agency O
Federal National Mortgage Association -- None Available
Rodriguez Antonio $100 --
Sexton Sheila Medeiros $30,000 U S Title
Hud -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sexton Sheila Medeiros $38,250
Previous Owner Sexton Sheila Medeiros $29,609
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2016 05/19/16 Sold $19,000 -25.5% $24 / Sq Ft
05/06/2016 05/06/16 Pending -- -- --
02/09/2016 02/09/16 For Sale $25,500 -- $33 / 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 $973 $42,969 $19,800 $23,169
2023 $1,005 $44,663 $9,900 $34,763
2022 $302 $20,248 $0 $0
2021 $302 $19,658 $0 $0
2020 $302 $19,387 $0 $0
2019 $302 $18,331 $0 $0
2018 $296 $17,989 $7,000 $10,989
2017 $584 $17,886 $7,000 $10,886
2016 $572 $18,230 $0 $0
2015 $588 $19,247 $0 $0
2014 $268 $19,014 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM438767

Stellar MLS

APN: 1511-001-021