NOT LISTED FOR SALE

4720 SW 1st Terrace Ocala, FL 34471

Southeast Ocala Neighborhood

Estimated Value: $559,000 - $600,000

4 Beds
4 Baths
2,829 Sq Ft
$205/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $540,000 $191 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,649/month

186 Days on Market

Highlights

  • Guest House
  • 0.74 Acre Lot
  • Wood Flooring
  • Screened Pool
  • Cathedral Ceiling
  • Bonus Room

About This Home

As of May 2022

BACK ON THE MARKET!!! TENANT HAS MOVED OUT. NO HOA FEES!!!!! GREAT LOCATION IN POPULAR LEMONWOOD II. WELCOME HOME TO THIS SPACIOUS AND CHARMING 4 BEDROOMS, 3 BATHROOMS, 3 CAR GARAGE, SCREENED IN POOL AND LANAI HOME. ADDITIONAL ROOM CAN BE USED FOR BEDROOM #5 OR AN OFFICE, DEN OR PLAYROOM. PLUS A SEPARATE I BEDROOM, 1 BATHROOM, 2 CAR GARAGE APARTMENT THAT CAN BE USED FOR A GUEST HOUSE, MOTHER-IN-LAW SUITE ETC. CATHEDRAL CEILING THROUGHOUT HOME. SEPARATE FAMILY ROOM WITH FIREPLACE, INSIDE LAUNDRY ROOM WITH SINK. THE CUSTOM FLOOR PLAN WITH CERAMIC TILES AND WOOD FLOORING THROUGHOUT. KITCHEN AND FAMILY ROOM OPEN TO LARGE POOL AREA WITH COVERED LANAI. EXTRA LARGE MASTER BEDROOM WITH SOAKING TUB, PRIVATE DOOR LEADS TO THE POOL AREA. SPACIOUS KITCHEN WITH SOLID WOOD CABINETS, GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES. ENJOY ENTERTAINMENT WITH LOVE ONES IN THE HUGH SCREENED IN POOL AREA. FENCED BACKYARD WITH BEAUTIFUL LANDSCAPING. VERY CLEAN AND WELL MAINTAINED. SCHEDULE YOUR SHOWING TODAY!!!

Last Agent to Sell the Property

Rea Sugrim

BERKSHIRE HATHAWAY HS FLORIDA License #3411278 Listed on: 10/15/2021

BERKSHIRE HATHAWAY HS FLORIDA

Co-Listed By

Avisha Sarju

BERKSHIRE HATHAWAY HS FLORIDA License #3515545

Last Buyer's Agent

Jessica Storm

BOFFO REAL ESTATE GROUP LLC License #3484660

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,999

Year Built

  • Built in 1995

Lot Details

  • 0.74 Acre Lot
  • Lot Dimensions are 140x230
  • East Facing Home
  • Chain Link Fence
  • Property is zoned R1

Parking

  • 5 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,829 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • Shades
  • Den
  • Bonus Room
  • Inside Utility

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool
  • Auto Pool Cleaner

Additional Homes

  • Guest House

Schools

  • Shady Hill Elementary School
  • Liberty Middle School
  • West Port High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Lemonwood 02 Ph 06 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,999

Year Built

Built in 1995

Lot Details

0.74 Acres

Parking

5

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2829
  • Lot Size Acres: 0.74
  • New Construction: No
  • Year Built: 1995
  • Lot Size Sq Ft: 32234
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM628771?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM628771?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.90015
  • Price per Sq Ft: 190.88
  • Close to Original List Price Ratio: 0.90015
  • View: No
  • Co List Office Mls Id: 271500120
  • Co List Office Phone: 352-622-9700
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 4
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceiling(s), Skylight(s), Thermostat, Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Shades
  • Room Count: 7
  • Additional Rooms: Bonus Room, Den/Library/Office, Inside Utility

Exterior Features

  • Direction Faces: East
  • Other Structures: Guest House
  • Pool Features: Auto Cleaner, In Ground, Screen Enclosure
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Concrete
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: None

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 5
  • Garage Yn: Yes
  • Covered Parking Spaces: 5
  • Open Parking: No

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Shady Hill Elementary School
  • High School: West Port High School
  • Middle Or Junior School: Liberty Middle School

Lot Info

  • Zoning: R1
  • Parcel Number: 3069-004-004
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Dimensions: 140x230
  • Flood Zone Code: X

Rental Info

  • Month To Month Or Weekly Y N: Yes

Tax Info

  • Tax Annual Amount: 4998.6
  • Tax Block: 4
  • Tax Book Number: 3-041,LEMONW
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
May 19, 2022
Sold by
Smith and Sharon
Bought by
Storm Gentry M and Storm Jessica M
Seller's Agent
Rea Sugrim
BERKSHIRE HATHAWAY HS FLORIDA
Buyer's Agent
Jessica Storm
BOFFO REAL ESTATE GROUP LLC
List Price
$599,900
Sold Price
$540,000
Premium/Discount to List
-$59,900
-9.98%
Current Estimated Value
$579,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,500
Avg. Annual Appreciation
1.87%
Original Mortgage
$486,000
Outstanding Balance
$459,689
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$119,811

Purchase Details

Closed on
Feb 15, 2007
Sold by
Riley Sean M and Riley Jennifer T
Bought by
Smith Leon and Smith Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$46,000
Interest Rate
5.86%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 7, 2002
Sold by
Hart Timothy E and Fox Hart Kristy E
Bought by
Riley Sean M and Riley Jennifer T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,900
Interest Rate
6.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Storm Gentry M $540,000 Brick City Title Insurance Age
Smith Leon $460,000 Ocala Land Title Insurance A
Riley Sean M $270,900 Ocala Land Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storm Gentry M $486,000
Previous Owner Smith Leon $46,000
Previous Owner Smith Leon $368,000
Previous Owner Riley Sean M $260,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2022 05/19/22 Sold $540,000 -10.0% $191 / Sq Ft
04/18/2022 04/18/22 Pending -- -- --
03/26/2022 03/26/22 For Sale $599,900 +11.1% $212 / Sq Ft
03/07/2022 03/07/22 Off Market $540,000 -- --
02/16/2022 02/16/22 For Sale -- -- --
01/31/2022 01/31/22 Pending -- -- --
12/09/2021 12/09/21 Price Changed $589,900 -1.7% $209 / Sq Ft
10/14/2021 10/14/21 For Sale $599,900 0.0% $212 / Sq Ft
09/27/2016 09/27/16 Rented $2,500 -7.4% --
08/28/2016 08/28/16 Under Contract -- -- --
08/09/2016 08/09/16 For Rent $2,700 +8.0% --
12/01/2015 12/01/15 Rented $2,499 0.0% --
11/12/2015 11/12/15 Under Contract -- -- --
11/03/2015 11/03/15 For Rent $2,499 -- --
Source: Stellar MLS

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
2025 $7,608 $469,811 -- --
2024 $7,098 $456,570 -- --
2023 $6,939 $443,272 $80,000 $363,272
2022 $6,222 $321,223 $0 $0
2021 $5,370 $292,021 $35,000 $257,021
2020 $4,999 $267,313 $35,000 $232,313
2019 $4,949 $261,457 $35,000 $226,457
2018 $4,602 $250,801 $34,000 $216,801
2017 $5,094 $289,279 $35,000 $254,279
2016 $4,833 $248,194 $0 $0
2015 $4,270 $225,631 $0 $0
2014 $4,013 $221,629 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Rea Sugrim

    Seller's Agent in 2022

    Rea Sugrim

    BERKSHIRE HATHAWAY HS FLORIDA

    (352) 426-7320

    2 in this area

    102 Total Sales

    Rea Sugrim
    Section Image
  • Avisha Sarju

    Seller Co-Listing Agent in 2022

    Avisha Sarju

    BERKSHIRE HATHAWAY HS FLORIDA

    (352) 320-9518

    1 in this area

    23 Total Sales

    Avisha Sarju
    Section Image
  • Jessica Storm

    Buyer's Agent in 2022

    Jessica Storm

    BOFFO REAL ESTATE GROUP LLC

    (352) 433-3499

    2 in this area

    26 Total Sales

    Jessica Storm
    Section Image

  • S

    Seller's Agent in 2016

    Sandra Giraldo

    Realty Executives

    (352) 572-7328

    18 Total Sales

    Sandra Giraldo
    Section Image
  • SILVIA AIZPRUA

    Seller's Agent in 2015

    SILVIA AIZPRUA

    WEST BROWARD REALTY AND PROPERTY MANAGEMENT

    (352) 216-8280

    61 Total Sales

    SILVIA AIZPRUA
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM628771

Stellar MLS

APN: 3069-004-004

Florida Marion County Ocala 34471 Southeast Ocala

4720 SW 1st Terrace, Ocala, FL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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