NOT LISTED FOR SALE

2478 NE 48th St Ocala, FL 34479

Estimated Value: $229,000 - $271,000

3 Beds
2 Baths
1,481 Sq Ft
$165/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $70,000 $47 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $1,816/month

20 Days on Market

Highlights

  • Race Track
  • No HOA
  • Central Air
  • Vanguard High School Rated A-
  • 1 Car Attached Garage
  • Carpet

About This Home

As of July 2014

Welcome home to Ocala's desirable NE section of town! This quaint home is perfect for investment or a great home for the first time buyer. This lovely house features 1481 living square feet, living room, dining room, kitchen, 3 bedrooms, 2 bathroom, new carpet, fresh paint, 1 car garage, enclosed patio, and a large deck and back yard perfect for play or entertaining, all this and close to schools, parks, shopping and major roads.

Last Agent to Sell the Property

Danny Robertson

TOUCHSTONE REALTY, LLC License #3234868 Listed on: 05/28/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,270

Year Built

  • Built in 1981

Lot Details

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

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,481 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Horse Facilities and Amenities

  • Race Track

Utilities

  • Central Air
  • Heating Available

Community Details

  • No Home Owners Association
  • Sugar Hill Subdivision

Listing and Financial Details

  • Property Available on 5/28/14
  • Legal Lot and Block 1 / A
  • Assessor Parcel Number 15816-001-01

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,270

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1481
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 1697
  • Lot Size Sq Ft: 15682
  • Directions to Property: North on 25th Ave, left on NE 48th St, home is on the left.
  • Status: Sold
  • Street Direction: NE
  • List Office Head Office Key Nume: 529793796
  • RATIO Current Price By Calculate: 47.27
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2015-05-27T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Appliances Included: None
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 2478
  • Room Count: 0

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-1 Single Family Dwellin
  • Parcel Number: 15816-001-01
  • 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: 2014-05-28
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 1270.04
  • Tax Block: A
  • Tax Book Number: U-022
  • Tax Lot: 1

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2014
Closed on
Jul 24, 2014
Sold by
Jelds Investments Llc
Bought by
Melendez Matthew and Melendez Courtney
Seller's Agent
Danny Robertson
TOUCHSTONE REALTY, LLC
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Current Estimated Value
$243,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,742
Avg. Annual Appreciation
11.67%
Original Mortgage
$68,732
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 22, 2014
Sold by
Moore Kay M and Moore Wayne P
Bought by
Jelds Investments Llc

Purchase Details

Closed on
Apr 25, 2005
Sold by
Hardy Bradley R and Hardy Marie T
Bought by
Moore Wayne P and Moore Kay M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 12, 2001
Sold by
Reidy Lillian M
Bought by
Hardy Bradley R and Hardy Marie T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,468
Interest Rate
7.09%
Mortgage Type
VA
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
Melendez Matthew $70,000 Attorney
Jelds Investments Llc $38,900 Attorney
Moore Wayne P $125,000 Affiliated Title
Hardy Bradley R $78,000 Quality Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melendez Matthew $80,000
Closed Melendez Matthew $68,732
Previous Owner Moore Wayne P $163,116
Previous Owner Moore Wayne P $30,927
Previous Owner Moore Wayne P $112,500
Previous Owner Hardy Bradley R $79,900
Previous Owner Hardy Bradley R $79,468
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Off Market $70,000 -- --
07/25/2014 07/25/14 Sold $70,000 -12.4% $47 / Sq Ft
06/17/2014 06/17/14 Pending -- -- --
05/28/2014 05/28/14 For Sale $79,900 -- $54 / 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 $5,993 $85,931 -- --
2023 $3,155 $83,428 $0 $0
2022 $3,123 $80,998 $0 $0
2021 $3,147 $78,639 $0 $0
2020 $2,451 $77,553 $0 $0
2019 $1,797 $75,809 $0 $0
2018 $1,761 $74,395 $0 $0
2017 $1,757 $72,865 $0 $0
2016 $852 $71,366 $0 $0
2015 $854 $70,870 $0 $0
2014 $1,351 $68,743 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM408389

Stellar MLS

APN: 15816-001-01