NOT LISTED FOR SALE

4001 SW 86th Terrace Ocala, FL 34481

Fellowship Neighborhood

Estimated Value: $682,000 - $912,000

4 Beds
2.5 Baths
3,794 Sq Ft
$204/Sq Ft Est. Value

Last Sold April 12, 2024

Last sale price $975,000 $257 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $4,568/month

60 Days on Market

Highlights

  • 4 Paddocks and Pastures
  • 6 Horse Stalls
  • Cathedral Ceiling
  • West Port High School Rated A-
  • 4.82 Acre Lot
  • No HOA

About This Home

As of April 2024

Truly turn-key horse property only 8 minutes to the World Equestrian Center & major shopping centers! Enter through the gates of this private 5 acre property boasting a large 4 bedroom/ 3 bathroom updated home, 6 stalls, 120' x 200' irrigated fiber arena, 4 generous 3 board fenced paddocks, large detached garage/work shop, tack room, wash stall, RV hook up, 2 wells & more. This primely located property is on a quiet dead-end road & high & dry. The concrete block brick house has an attached 2 car garage & has been updated with a newer roof, flooring, paint, 6' gutters, light fixtures, renovated bathrooms & has a large kitchen, huge walk-in pantry & plenty of storage space. The barn has a washer & dryer & there are 4, 12' x 13' stalls & 2, 10' x 14' stalls, covered viewing area & hay shed. The property is ready for you to move in & bring your horses!

Last Agent to Sell the Property

Katie Moon

GOLDEN OCALA REAL ESTATE INC Brokerage Phone: 352-369-6969 License #3306468 Listed on: 01/18/2024

Last Buyer's Agent

Kirk Webby

PEGASUS REALTY & ASSOC INC License #3486037

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,443

Year Built

  • Built in 1986

Lot Details

  • 4.82 Acre Lot
  • Lot Dimensions are 331x635
  • West Facing Home
  • Wood Fence
  • Board Fence
  • Mature Landscaping
  • Property is zoned A1

Parking

  • 4 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,794 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Gas Fireplace

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • 4 Paddocks and Pastures
  • Outdoor Storage

Schools

  • West Port High School

Horse Facilities and Amenities

  • 6 Horse Stalls
  • Stables
  • Arena
  • Riding Ring

Utilities

  • Central Heating and Cooling System
  • 2 Water Wells
  • 1 Septic Tank

Community Details

  • No Home Owners Association
  • Thoroughbred Acres Add 01 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,443

Year Built

Built in 1986

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Brick
  • Fireplace: Yes
  • Living Area: 3794
  • Lot Size Acres: 4.82
  • New Construction: No
  • Year Built: 1986
  • Building Area Total: 6495
  • Lot Size Sq Ft: 209959
  • Directions to Property: From the World Equestrian Center, head south on 80th to 34th and turn right then left on 86th Terrace. The property is at the top of the hill on the left.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 574403734
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 256.98
  • Total Acreage: 2 to less than 5
  • Unit Number YN: 0
  • Water Access YN: 0
  • Barn Features: Horse Barn,Tack Room,Washrack
  • Number Of Paddocks Pastures: 4
  • Number Of Stalls: 6
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-369-6969
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceilings, Primary Bedroom Main Floor, Solid Wood Cabinets, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 4001
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 352.47
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Limerock
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 2

Condo/Co-op/Association

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

Fee Information

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

Schools

  • High School: West Port High School

Lot Info

  • Zoning: A1
  • Parcel Number: 21358-005-00
  • Additional Parcels: No
  • Fencing: Board, Fenced, Wood
  • Lot Dimensions: 331x635
  • Horse Amenities: Arena, Riding Ring, Stable(s)
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 19506

Rental Info

  • Furnished: Negotiable
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 4443.42
  • Tax Block: 1
  • Tax Book Number: K-054THOROUG
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Apr 12, 2024
Sold by
Gordon Digby Macfarlane and Gordon Wendy Barbra
Bought by
4001 Sw 86 Terrace Llc
Seller's Agent
Katie Moon
GOLDEN OCALA REAL ESTATE INC
Buyer's Agent
Kirk Webby
PEGASUS REALTY & ASSOC INC
List Price
$1,100,000
Sold Price
$975,000
Premium/Discount to List
-$125,000
-11.36%
Views
74
Current Estimated Value
$774,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$200,924
Avg. Annual Appreciation
-15.30%

Purchase Details

Listed on
Mar 23, 2020
Closed on
Oct 7, 2020
Sold by
Gatti Glenn A and Gatti Norma J
Bought by
Gordon Digby Macfarlane and Gordon Wendy Barbara
Seller's Agent
Tracy McEachern
MAGNOLIA HOMES AND LAND LLC
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$379,000
Sold Price
$325,000
Premium/Discount to List
-$54,000
-14.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
36.75%
Original Mortgage
$336,792
Interest Rate
2.9%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 2019
Sold by
Gatti Glenn A
Bought by
Gatti Glenn A and Gatti Norma J

Purchase Details

Closed on
Feb 14, 2012
Sold by
Gatti Ellen
Bought by
Gatti Glenn A and Gatti Ellen

Purchase Details

Closed on
Nov 27, 2011
Sold by
Gatti Ellen
Bought by
Gatti Glenn A and Gatti Ellen

Purchase Details

Closed on
Dec 20, 2006
Sold by
Alahakone Shelton K and Alahakone Sunethra
Bought by
Gatti Ellen

Purchase Details

Closed on
Jan 30, 2004
Sold by
Alahakone Senadhi L
Bought by
Alahakone Shelton K and Alahakone Sunethra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,500
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
4001 Sw 86 Terrace Llc $975,000 Trident Title
Gordon Digby Macfarlane $325,000 Clear Choice Title Inc
Gatti Glenn A -- Attorney
Gatti Glenn A -- None Available
Gatti Glenn A -- None Available
Gatti Ellen $398,000 First American Title Ins Co
Alahakone Shelton K $160,000 Associated Land Title Insura
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gordon Digby Macfarlane $336,792
Previous Owner Alahakone Shelton K $185,800
Previous Owner Alahakone Shelton K $75,000
Previous Owner Alahakone Shelton K $115,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2024 04/12/24 Sold $975,000 -2.0% $257 / Sq Ft
03/19/2024 03/19/24 Pending -- -- --
03/03/2024 03/03/24 Price Changed $995,000 -0.5% $262 / Sq Ft
01/24/2024 01/24/24 Price Changed $999,500 -9.1% $263 / Sq Ft
01/18/2024 01/18/24 For Sale $1,100,000 +238.5% $290 / Sq Ft
10/09/2020 10/09/20 Sold $325,000 -7.1% $93 / Sq Ft
07/15/2020 07/15/20 Pending -- -- --
07/08/2020 07/08/20 Price Changed $349,900 +40.0% $100 / Sq Ft
07/08/2020 07/08/20 Price Changed $249,900 -31.5% $71 / Sq Ft
05/12/2020 05/12/20 Price Changed $365,000 -3.7% $104 / Sq Ft
04/18/2020 04/18/20 For Sale $379,000 0.0% $108 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $379,000 -- $108 / 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 $4,592 $310,176 -- --
2023 $4,443 $298,775 $0 $0
2022 $4,272 $287,724 $0 $0
2021 $4,222 $277,347 $0 $0
2020 $5,002 $283,225 $50,610 $232,615
2019 $4,899 $273,980 $46,754 $227,226
2018 $4,687 $272,431 $49,646 $222,785
2017 $4,595 $265,874 $53,020 $212,854
2016 $4,465 $255,579 $0 $0
2015 $4,474 $251,909 $0 $0
2014 $4,378 $260,587 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM671162

Stellar MLS

APN: 21358-005-00