$141,600
$3K PRICE DROP

3031 SE 5th Terrace Unit C Ocala, FL 34471

Southeast Ocala Neighborhood

Estimated payment $1,060/month

Total Views 290,544
2 Beds
1 Bath
940 Sq Ft
$151 Price per Sq Ft

Highlights

  • Front Porch
  • Screened Patio
  • Tile Flooring
  • Cherry Hills Village Elementary School Rated A
  • Living Room
  • Sliding Doors

About This Home

Charming two bedroom one bath condo located right in the heart of Ocala! This spacious unit has a 2018 AC unit and a 2019 roof. It has spacious living areas and bedrooms, and is perfect for those looking to downsize. There’s also a screened in patio to enjoy those beautiful Florida evenings. With its amenity fee that covers all the exterior and being located just minutes from downtown Ocala this is the perfect place for someone who truly loves convenience and lifestyle!

Listing Agent

Scott Coldwell

COLDWELL REALTY SOLD GUARANTEE Brokerage Phone: 352-209-0000 License #3077217 Listed on: 11/29/2024

COLDWELL REALTY SOLD GUARANTEE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,708

Year Built

  • Built in 1983

Lot Details

  • East Facing Home

HOA Fees

  • $175 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 940 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Rain Gutters
  • Front Porch

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

Community Details

Overview

  • Southwood Oak Condo Association
  • Southwood Oak Condo Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,708

Year Built

Built in 1983

Lot Details

0

HOA Fees

$175 per month

Listing Details

  • HOA Fee Includes: Other
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 940
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 940
  • Lot Size Sq Ft: 984
  • Status: Active
  • Street Direction: SE
  • Ownership: Fee Simple
  • Entry Level: 1
  • Building Area Total Srch Sq M: 87.33
  • Escrow City: Ocala
  • Escrow State: FL
  • Floor Number: 1
  • RATIO Current Price By Calculate: 150.64
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-209-0000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Living Area Meters: 87.33

Exterior Features

  • Direction Faces: East
  • Exterior Features: Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Patio, Screened
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association Fee: 175
  • Association Fee Frequency: Monthly
  • Association Name: Southwood Oak Condo
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Max Pet Weight: 0

Fee Information

  • Total Annual Fees: 2100.00
  • Total Monthly Fees: 175.00
  • Monthly HOA Amount: 175.00

Lot Info

  • Zoning: R3
  • Parcel Number: 3031-309-003
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1707.99
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Lot: 9-C

Map

Range of Values:

--
Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $1,797 $87,384 -- --
2023 $1,797 $79,440 $0 $0
2022 $1,467 $72,218 $0 $0
2021 $1,520 $65,653 $15,000 $50,653
2020 $1,148 $62,767 $4,000 $58,767
2019 $1,031 $64,831 $7,672 $57,159
2018 $828 $45,537 $3,765 $41,772
2017 $799 $43,239 $3,152 $40,087
2016 $776 $41,514 $0 $0
2015 $756 $39,789 $0 $0
2014 $678 $38,359 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 For Sale $141,600 0.0% $151 / Sq Ft
09/02/2025 09/02/25 Pending -- -- --
08/19/2025 08/19/25 Price Changed $141,600 -0.1% $151 / Sq Ft
07/29/2025 07/29/25 Price Changed $141,700 -0.2% $151 / Sq Ft
05/28/2025 05/28/25 For Sale $142,000 0.0% $151 / Sq Ft
05/24/2025 05/24/25 Pending -- -- --
04/08/2025 04/08/25 For Sale $142,000 0.0% $151 / Sq Ft
03/21/2025 03/21/25 Off Market $142,000 -- --
01/14/2025 01/14/25 Price Changed $142,000 -2.1% $151 / Sq Ft
01/14/2025 01/14/25 For Sale $145,000 0.0% $154 / Sq Ft
12/20/2024 12/20/24 Pending -- -- --
11/29/2024 11/29/24 For Sale $145,000 -- $154 / Sq Ft
Source: Stellar MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $70,000 Affiliated Ttl Of Ctrl Fl Lt
Warranty Deed $44,000 Sunstate Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $56,000 New Conventional
Source: Public Records

About the Listing Agent

Scott Coldwell

COLDWELL REALTY SOLD GUARANTEE

(352) 549-9505

Section Image

As an Ocala, FL Realtor, Scott has a commitment to customer satisfaction and outstanding results. One of the top five Realtors in Ocala/Marion County year after year, we close on 10-20 homes a month. I guarantee you will like your home or I'll buy it back!*

Your Home Sold GUARANTEED or I'll Buy It!*

Almost every real estate agent will promise to sell your home but I guarantee it.

Specialties: Listing Agent, Buyer's Agent

4 BIG REASONS TO CALL THE COLDWELL TEAM TO

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Source: Stellar MLS

MLS Number: OM690374

Stellar MLS

APN: 3031-309-003