NOT LISTED FOR SALE

16240 SW 24th Terrace Ocala, FL 34473

Estimated Value: $244,416 - $291,000

3 Beds
2 Baths
1,350 Sq Ft
$197/Sq Ft Est. Value

Last Sold August 25, 2023

Last sale price $268,500 $199 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,772/month

35 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Living Room
  • No HOA
  • Closet Cabinetry
  • Central Heating and Cooling System

About This Home

As of August 2023

Under contract-accepting backup offers. Welcome to 16240 SW 24th ST. This brand new ranch home offers 3 bedrooms and 2 full baths on a split floor plan nestled in a No HOA community of Marion Oaks. The kitchen has brand new, soft close, shaker cabinets paired with beautiful quartz countertops. This home features vinyl flooring throughout. Come visit this wonderful opportunity in the growing market of Ocala. Minutes to Interstate 75, area theme parks, and international airports. Ask about special USDA 100% financing offers. Come see today.

Last Agent to Sell the Property

Tuan Trinh

NATIONAL REAL ESTATE LLC Brokerage Phone: 407-203-6903 License #3127370 Listed on: 06/14/2023

Last Buyer's Agent

Kik Poon

TAYLOR REAL ESTATE SVC OF C FL License #3364191

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $256

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x125
  • North Facing Home
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Block Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,350 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Vinyl Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Bull Horn Construction
  • Marion Oaks Un 03 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$256

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1350
  • Lot Size Acres: 0.23
  • New Construction: Yes
  • Year Built: 2023
  • Building Area Total: 1896
  • Lot Size Sq Ft: 10019
  • Directions to Property: I-75 N. Exit 352 toward SR 40. L on W Silver Springs Blvd. R on SW 148th Ct.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow City: Winter Park
  • Escrow Postal Code: 32789
  • Escrow State: FL
  • Escrow Street Name: W Morse St
  • Escrow Street Number: 941
  • List Office Head Office Key Nume: 1042555
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 198.89
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Permit Number: 2022073315
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • Tax Year: 2022
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Microwave, Range
  • Foundation Details: Block
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 16240
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 125.42
  • Room Count: 6

Exterior Features

  • Direction Faces: North
  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Projected Completion Date: 2023-07-01T00:00:00.000

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R1
  • Parcel Number: 8003-0409-22
  • Additional Parcels: No
  • Lot Dimensions: 80x125
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 931

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Bull Horn Construction

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 255.66
  • Tax Block: 409
  • Tax Book Number: O-036
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2023
Closed on
Aug 18, 2023
Sold by
Teal Developments Llc
Bought by
Smith Kyle and Jackson Ravean
Seller's Agent
Tuan Trinh
NATIONAL REAL ESTATE LLC
Buyer's Agent
Kik Poon
TAYLOR REAL ESTATE SVC OF C FL
List Price
$265,000
Sold Price
$268,500
Premium/Discount to List
$3,500
1.32%
Views
9
Current Estimated Value
$266,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,896
Avg. Annual Appreciation
-0.35%
Original Mortgage
$274,272
Outstanding Balance
$264,415
Interest Rate
4%
Mortgage Type
VA
Estimated Equity
$2,189

Purchase Details

Closed on
Oct 11, 2022
Sold by
Lam Johnathan
Bought by
Teal Developments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,590
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2022
Sold by
Seaborn Hunt Iii
Bought by
Lam Johnathan

Purchase Details

Closed on
Feb 28, 2005
Sold by
Lukasewski Peter J and Lukasewski Carol A
Bought by
Hunt Seaborn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.54%
Mortgage Type
Construction
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
Smith Kyle $268,500 Fidelity National Title Of Flo
Teal Developments Llc -- Fidelity National Title
Lam Johnathan $50,000 Manzo & Associates Pa
Hunt Seaborn $18,000 Premier Title Of Ocala Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Kyle $274,272
Previous Owner Teal Developments Llc $174,590
Previous Owner Hunt Seaborn $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2023 08/25/23 Sold $268,500 +3.3% $199 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/12/2023 07/12/23 Price Changed $260,000 -1.9% $193 / Sq Ft
06/14/2023 06/14/23 For Sale $265,000 -- $196 / 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 $3,977 $214,381 -- --
2023 $731 $24,500 $24,500 $0
2022 $256 $5,094 $0 $0
2021 $197 $7,600 $7,600 $0
2020 $181 $5,800 $5,800 $0
2019 $170 $4,700 $4,700 $0
2018 $162 $4,500 $4,500 $0
2017 $154 $3,800 $3,800 $0
2016 $145 $2,875 $0 $0
2015 $145 $2,805 $0 $0
2014 $143 $2,550 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tuan Trinh

    Seller's Agent in 2023

    Tuan Trinh

    NATIONAL REAL ESTATE LLC

    (407) 928-2879

    3 in this area

    34 Total Sales

    Tuan Trinh
    Section Image
  • Kik Poon

    Buyer's Agent in 2023

    Kik Poon

    TAYLOR REAL ESTATE SVC OF C FL

    (407) 478-4406

    2 in this area

    134 Total Sales

    Kik Poon
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O6118816

Stellar MLS

APN: 8003-0409-22

Florida Marion County Ocala 34473

16240 SW 24th Terrace, Ocala, FL

This home is located at 16240 SW 24th Terrace, Ocala, FL 34473 since 14 June 2023 and is currently estimated at $266,604, approximately $197 per square foot. This property was built in 2023. 16240 SW 24th Terrace is a home located in Marion County with nearby schools including Sunrise Elementary School, Horizon Academy At Marion Oaks, and Dunnellon 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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