NOT LISTED FOR SALE

24 Malauka Terrace Ocklawaha, FL 32179

Estimated Value: $182,927 - $188,000

0.23 Acre
$803,183 Price per Acre
10,019 Sq Ft Lot

Last Sold March 29, 2024

Last sale price $12,000

Est. 1,439% increase in value since last sale

Current estimated payment $1,064/month

169 Days on Market

About This Lot

As of March 2024

PRICE IMPROVEMENT-SELLER EXTREMELY MOTIVATED!!! Welcome to an exceptional opportunity in the heart of an up-and -coming neighborhood in sunny Florida. This vacant lot, nestled in a burgeoning community, offers endless potential for those seeking to build their dream property or invest in a thriving locale. The vacant lot basks in the subtropical climate for which Florida is renowned, with sunshine and warm temperatures year round. Immerse yourself in this quintessential Floridian experience as you embrace the outdoors and enjoy the idyllic surroundings.
Contact us today!

Last Agent to Sell the Property

Caren Barnes

NEXT GENERATION REALTY OF MARION COUNTY LLC Brokerage Phone: 352-387-2383 License #3506914 Listed on: 05/26/2023

Last Buyer's Agent

Caren Barnes

NEXT GENERATION REALTY OF MARION COUNTY LLC Brokerage Phone: 352-387-2383 License #3506914 Listed on: 05/26/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $688

Lot Details

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

Schools

  • Stanton-Weirsdale Elem. Elementary School
  • Lake Weir Middle School
  • Lake Weir High School

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Unit #35 Subdivision

Listing and Financial Details

  • Legal Lot and Block 24 / 962
  • Assessor Parcel Number 9035-0962-24

Property Details

Property Type

Land

Est. Annual Taxes

$688

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10019
  • Directions to Property: Headed north on 441/27 turn right on 42 go approx 5 miles to Turn left onto SE 150th Ave for 0.79 miles Take the 1st right onto SE 156th Place Rd for 1.91 miles Turn left onto SE 168th Ct for 0.62 miles (SE 168th Ct becomes Maple Loop Ter.) for 0.18 miles Turn left onto Maple Drive Way for 0.5 miles Turn right onto SE Maple Dr. for 0.7 miles Take the 1st left onto Malauka Radl Then 0.20 miles Take the 3rd right onto Malauka Rd.0.29 miles Turn left onto Malauka Dr. Then 0.12 miles
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044946
  • RATIO Current Price By Calculate: 1.20
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 352-387-2383
  • Tax Year: 2022
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: BLK 962/Lot24

Exterior Features

  • Direction Faces: Northeast
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Price Per Acre: 52174

Utilities

  • Utilities: Electrical Nearby
  • Sewer: Septic Needed
  • Water Source: Well Required

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

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

Schools

  • Elementary School: Stanton-Weirsdale Elem. School
  • High School: Lake Weir High School
  • Middle Or Junior School: Lake Weir Middle School

Lot Info

  • Zoning: R1
  • Parcel Number: 9035-0962-24
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 80x125
  • Flood Zone Code: X
  • Lot Size Square Meters: 931

Tax Info

  • Tax Annual Amount: 89.25
  • Tax Block: 962
  • Tax Book Number: J-302
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2025
Sold by
Mcferrin Tammie Core and Core James Everett
Bought by
Faught Garison
Current Estimated Value
$184,732

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,450
Outstanding Balance
$179,450
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$3,121

Purchase Details

Closed on
Apr 1, 2021
Sold by
Core James E
Bought by
Core James E and Mcferrin Tammie

Purchase Details

Closed on
May 4, 2012
Sold by
The Federal Deposit Insurance Corporatio
Bought by
Core James E

Purchase Details

Closed on
Jun 13, 2011
Sold by
Iberiabank
Bought by
Federal Deposit Insurance Corporation

Purchase Details

Closed on
Aug 21, 2009
Sold by
Federal Deposit Insurance Corporation
Bought by
Capitalsouth Bank and Iberiabank

Purchase Details

Closed on
May 18, 2009
Sold by
Advanced Development Corp and Barner Richard
Bought by
Capitalsouth Bank and Monticello Bank

Purchase Details

Closed on
Nov 9, 2007
Sold by
Advanced Development Corp
Bought by
Ronco Lawrence E
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
Faught Garison $185,000 Infinity Title
Core James E -- Attorney
Core James E $27,500 Attorney
Federal Deposit Insurance Corporation -- Attorney
Capitalsouth Bank -- Attorney
Capitalsouth Bank -- None Available
Ronco Lawrence E $7,500 Associated Land Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faught Garison $179,450
Previous Owner Advanced Development Corp $111,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $12,000 -11.1% --
11/12/2023 11/12/23 Pending -- -- --
10/30/2023 10/30/23 Price Changed $13,500 -6.3% --
08/28/2023 08/28/23 For Sale $14,400 0.0% --
08/16/2023 08/16/23 Pending -- -- --
08/02/2023 08/02/23 Price Changed $14,400 -3.4% --
05/26/2023 05/26/23 For Sale $14,900 -- --
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 $688 $49,707 -- --
2023 $688 $48,259 $0 $0
2022 $648 $46,853 $0 $0
2021 $637 $45,488 $0 $0
2020 $630 $44,860 $0 $0
2019 $616 $43,851 $0 $0
2018 $582 $42,807 $0 $0
2017 $569 $41,927 $0 $0
2016 $537 $41,065 $0 $0
2015 $530 $40,780 $0 $0
2014 $511 $40,456 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM658697

Stellar MLS

APN: 9035-0989-17