NOT LISTED FOR SALE

Estimated Value: $388,000 - $478,000

3 Beds
2.5 Baths
2,866 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 28, 2022

Last sale price $410,000 $143 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,875/month

30 Days on Market

Highlights

  • Guest House
  • View of Trees or Woods
  • Loft
  • Forest High School Rated A-
  • 1.96 Acre Lot
  • High Ceiling

About This Home

As of June 2022

You can have it all! Rewarding and Unique estate, peacefully situated in the heart of SE Ocala, on a rare lush landscaped 2-acre parcel. Peace and quiet can be appreciated while being just minutes from downtown Ocala which boasts restaurants, shopping, community events, farmer markets, and more. Enjoy the serenity of your very own racquet/basketball court, horseshoe area, and space for all your hobbies with a detached building and pole barn. Nature abounds with mature landscaping, fruit trees, and park-like swing area. Home highlights soaring ceilings with an abundance of natural light, large master with loft, master bath hallmarking it’s very own private courtyard, jack-and-Jill guest bedroom (s), and a oversized bonus room or den. Additionally, estate offers unfinished guest quarters or pool house ready for it’s new owners to complete their vision. Home can be accessed directly from Ft King or from inside FT King Forest subdivision. Don’t wait! An opportunity to own and enjoy just under 2 acres minutes from downtown Ocala does not present itself often.

Last Agent to Sell the Property

Ashley Yates

ASHLEY YATES REALTY License #3262187 Listed on: 02/28/2022

Co-Listed By

Holly Schmidt

MAGNOLIA HOMES AND LAND LLC License #3302003

Last Buyer's Agent

Derek Ponder

License #3497675

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,546

Year Built

  • Built in 1979

Lot Details

  • 1.96 Acre Lot
  • Lot Dimensions are 252x285
  • East Facing Home
  • Wood Fence
  • Board Fence
  • Oversized Lot
  • Flag Lot
  • Irrigation
  • Cleared Lot
  • Property is zoned R1

Parking

  • 3 Car Attached Garage
  • Ground Level Parking
  • Side Facing Garage
  • Driveway
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,866 Sq Ft Home
  • 1-Story Property
  • Dry Bar
  • High Ceiling
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Den
  • Loft
  • Bonus Room
  • Views of Woods
  • Laundry in Garage

Kitchen

  • Range
  • Microwave

Flooring

  • Carpet
  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Separate Outdoor Workshop
  • Shed

Additional Homes

  • Guest House

Schools

  • Ward-Highlands Elem. Elementary School
  • Fort King Middle School
  • Forest High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,546

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Siding
  • Fireplace: Yes
  • Living Area: 2866
  • Lot Size Acres: 1.96
  • New Construction: No
  • Year Built: 1979
  • Lot Size Sq Ft: 85378
  • Directions to Property: From FL-40 go south on NE 36th Ave, make a left onto E Fort King St, go down about 1 mile. Driveway is on the right side, just after SE 45th Terrace. Look for the RE sign. Follow the long drive up to the house.
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM634629?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM634629?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98795
  • Price per Sq Ft: 143.06
  • Close to Original List Price Ratio: 0.98795
  • View: Yes
  • Co List Office Mls Id: 271515385
  • Co List Office Phone: 352-895-0072
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Concrete, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Dry Bar, High Ceiling(s), Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 4706
  • Room Count: 4
  • Additional Rooms: Bonus Room, Den/Library/Office, Loft
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Other Structures: Guest House, Shed(s), Storage, Workshop
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Faces Side, Ground Level, Off Street
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 2
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Ward-Highlands Elem. School
  • High School: Forest High School
  • Middle Or Junior School: Fort King Middle School

Lot Info

  • Zoning: R1
  • Parcel Number: 27418-000-30
  • Additional Parcels: No
  • Fencing: Board, Wood
  • Lot Features: Cleared, Flag Lot, Oversized Lot
  • Lot Dimensions: 252x285
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2545.54
  • Tax Block: None
  • Tax Book Number: None
  • Tax Lot: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2022
Closed on
Jun 28, 2022
Sold by
Wright Fred D and Wright Holly
Bought by
Summerfield Sarah and Summerfield Andrew
Seller's Agent
Ashley Yates
ASHLEY YATES REALTY
Buyer's Agent
Derek Ponder
List Price
$415,000
Sold Price
$410,000
Premium/Discount to List
-$5,000
-1.2%
Current Estimated Value
$441,866

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,866
Avg. Annual Appreciation
2.09%
Original Mortgage
$348,500
Outstanding Balance
$333,971
Interest Rate
5.1%
Mortgage Type
Balloon
Estimated Equity
$103,594
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
Summerfield Sarah $410,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Summerfield Sarah $348,500
Previous Owner Wright Fred D $316,000
Previous Owner Wright Fred $196,250
Previous Owner Wright Fred $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/04/2022 07/04/22 Off Market $410,000 -- --
06/28/2022 06/28/22 Sold $410,000 -1.2% $143 / Sq Ft
03/31/2022 03/31/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $415,000 0.0% $145 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
02/28/2022 02/28/22 For Sale $415,000 -- $145 / 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
2023 $5,607 $337,096 $72,561 $264,535
2022 $2,550 $181,795 $0 $0
2021 $2,546 $176,500 $0 $0
2020 $2,524 $174,063 $0 $0
2019 $2,485 $170,150 $0 $0
2018 $2,356 $166,977 $0 $0
2017 $2,312 $163,543 $0 $0
2016 $2,271 $160,179 $0 $0
2015 $2,284 $159,066 $0 $0
2014 $2,149 $157,804 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM634629

Stellar MLS

APN: 27418-000-30