NOT LISTED FOR SALE

501 SE 48th Ave Ocala, FL 34471

Southeast Ocala Neighborhood

Estimated Value: $584,000 - $662,000

5 Beds
5 Baths
3,655 Sq Ft
$171/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $288,225 $79 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $3,869/month

11 Days on Market

Highlights

  • Private Pool
  • 1.17 Acre Lot
  • No HOA
  • Forest High School Rated A-
  • Living Room with Fireplace
  • 2 Car Attached Garage

About This Home

As of July 2021

AUCTION -- A unique fixer upper will require your renovation ideas. Imagine all the possibilities with this spacious 5 bed, 3 full, and 2 half bath home with a separate dining room, living room with fireplace, a large kitchen. Home sits on a large lot with an attached patio- in ground pool; and a 2 car attached garage. Home will need new roof, flooring, and major updates. Gather your custom design ideas and make an offer. CAUTION MOLD may be present.

Last Agent to Sell the Property

Andrea Butcher Thomas

REALHOME SERVICE & SOLUTIONS INC License #3396490 Listed on: 05/06/2021

Last Buyer's Agent

Marcus Tillman

COLDWELL BANKER RESIDENTIAL RE License #3363473

COLDWELL BANKER RESIDENTIAL RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,958

Year Built

  • Built in 1975

Lot Details

  • 1.17 Acre Lot
  • Northeast Facing Home
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 3,655 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 5 Bedrooms

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ft King Forest Add 01 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,958

Year Built

Built in 1975

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding
  • Fireplace: Yes
  • Living Area: 3655
  • Lot Size Acres: 1.17
  • New Construction: No
  • Year Built: 1975
  • Lot Size Sq Ft: 50965
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5942489?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5942489?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.19101
  • Price per Sq Ft: 78.86
  • Close to Original List Price Ratio: 1.19101
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: 4180

Interior Features

  • Fireplace Features: Living Room
  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Eating Space In Kitchen
  • Appliances Included: None
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Room Count: 3
  • Additional Rooms: Family Room

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Other
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0537D

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Public Remarks Required: Auction Property.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R1
  • Parcel Number: 2747-003-013
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2008-08-28

Tax Info

  • Tax Annual Amount: 5958
  • Tax Block: C
  • Tax Book Number: G-114,FORT
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2021
Closed on
Jun 3, 2021
Sold by
Fremont Home Loan Trust
Bought by
Lewis Derek and Persaud Savita
Seller's Agent
Andrea Butcher Thomas
REALHOME SERVICE & SOLUTIONS INC
Buyer's Agent
Marcus Tillman
COLDWELL BANKER RESIDENTIAL RE
List Price
$242,000
Sold Price
$288,225
Premium/Discount to List
$46,225
19.1%
Current Estimated Value
$623,286

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$335,061
Avg. Annual Appreciation
18.61%
Original Mortgage
$369,787
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2021
Sold by
Estate Of Anna Knight
Bought by
Hsbc Bank Usa National Association and Fremont Home Loan Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,787
Interest Rate
2.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2021
Sold by
Estate Of Anna Knight
Bought by
Hsbc Bank Usa National Association and Fremont Home Loan Tr 2006 B Mtg Backed

Purchase Details

Closed on
May 2, 2005
Sold by
Bongiorno Joseph
Bought by
Knight Anna

Purchase Details

Closed on
Dec 8, 2004
Sold by
Knight Anna N
Bought by
Bongiorno Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
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
Lewis Derek $288,225 Premium Title Services
Hsbc Bank Usa National Association -- None Available
Hsbc Bank Usa National Association $221,200 Attorney
Knight Anna $63,000 --
Bongiorno Joseph $310,000 Trust Title Ins Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewis Derek $369,787
Previous Owner Bongiorno Joseph $232,500
Closed Bongiorno Joseph $31,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $288,225 +19.1% $79 / Sq Ft
05/17/2021 05/17/21 Pending -- -- --
05/06/2021 05/06/21 For Sale $242,000 -- $66 / Sq Ft
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 $7,597 $501,596 $102,830 $398,766
2024 $7,885 $525,281 -- --
2023 $7,702 $509,982 $102,830 $407,152
2022 $8,349 $508,592 $102,830 $405,762
2021 $5,877 $340,514 $35,990 $304,524
2020 $5,958 $324,922 $35,990 $288,932
2019 $6,750 $368,903 $35,990 $332,913
2018 $3,973 $249,291 $0 $0
2017 $3,906 $244,164 $0 $0
2016 $3,855 $239,142 $0 $0
2015 $3,883 $237,480 $0 $0
2014 $3,671 $235,595 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Andrea Butcher Thomas

    Seller's Agent in 2021

    Andrea Butcher Thomas

    REALHOME SERVICE & SOLUTIONS INC

    (770) 962-0487

    3 in this area

    558 Total Sales

    Andrea Butcher Thomas
    Section Image

  • M

    Buyer's Agent in 2021

    Marcus Tillman

    COLDWELL BANKER RESIDENTIAL RE

    (407) 392-1800

    1 in this area

    16 Total Sales

    Marcus Tillman
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O5942489

Stellar MLS

APN: 2747-003-013

Florida Marion County Ocala 34471 Southeast Ocala

501 SE 48th Ave, Ocala, FL

Not Listed for Sale

Detached

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