NOT LISTED FOR SALE

5131 NE 60th Terrace Silver Springs, FL 34488

Estimated Value: $460,000 - $535,000

4 Beds
2 Baths
2,585 Sq Ft
$191/Sq Ft Est. Value

Last Sold September 04, 2013

Last sale price $154,000 $60 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $2,963/month

106 Days on Market

Highlights

  • Race Track
  • 1.06 Acre Lot
  • Covered Patio or Porch
  • In Ground Pool
  • Wood Flooring
  • Formal Dining Room

About This Home

As of September 2013

This is a Freddie Mac HomeSteps property. Special HomeSteps Financing is available! 4 bed 2 bath pool home on 1+acre in lovely gated community of Silver Meadows. Vaulted ceilings, formal living and dining rooms, dine-in kitchen has granite counter tops, travertine floors, luxurious master bath, his and hers closets, in-ground pool and spacious pool area for entertaining.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,748

Year Built

  • Built in 1992

Lot Details

  • 1.06 Acre Lot
  • Lot Dimensions are 154x298
  • Cleared Lot
  • Property is zoned R-1 Single Family Dwellin

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,585 Sq Ft Home
  • 1-Story Property
  • Formal Dining Room
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Pool

  • In Ground Pool
  • Gunite Pool

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Additional Features

  • Covered Patio or Porch
  • Race Track

Community Details

  • Association fees include maintenance structure
  • Silver Meadows Subdivision

Listing and Financial Details

  • Property Available on 4/3/13
  • Legal Lot and Block 11 / D
  • Assessor Parcel Number 1613-004-011

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,748

Year Built

Built in 1992

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Structure
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame, Stucco
  • Fireplace: No
  • Living Area: 2585
  • Lot Size Acres: 1.06
  • New Construction: No
  • Year Built: 1992
  • Building Area Total: 3879
  • Lot Size Sq Ft: 46174
  • Directions to Property: From Hwy 326, left onto 49th (main entrance of Silver Meadows) 1st left onto 60th Terr, home at end on the right.
  • Status: Sold
  • Street Direction: NE
  • RATIO Current Price By Calculate: 59.57
  • Total Acreage: One + to Two Acres
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2013-09-15T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5131
  • Additional Rooms: Formal Dining Room Separate
  • Room Count: 0

Exterior Features

  • Pool Features: Gunite, In Ground
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: Yes
  • Patio and Porch Features: Covered, Patio
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association Fee: 33.3
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 33.30

Lot Info

  • Zoning: R-1 Single Family Dwellin
  • Parcel Number: 1613-004-011
  • Additional Parcels: No
  • Lot Features: Cleared, In County, Paved
  • Lot Dimensions: 154x298
  • Horse Amenities: None, Race Track
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2013-04-03
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 2748
  • Tax Block: D
  • Tax Book Number: 001-028
  • Tax Lot: 11

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 3, 2013
Closed on
Sep 3, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Arnold George R and Arnold Kathie D
List Price
$186,900
Sold Price
$154,000
Premium/Discount to List
-$32,900
-17.6%
Current Estimated Value
$493,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,339
Avg. Annual Appreciation
10.18%
Original Mortgage
$146,300
Outstanding Balance
$109,376
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$383,963

Purchase Details

Closed on
Nov 15, 2012
Sold by
Branch Banking & Trust Company
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 22, 2012
Sold by
Perez Lazaro
Bought by
Branch Banking & Trust Company

Purchase Details

Closed on
Sep 29, 2007
Sold by
Maldonado Seeta R
Bought by
Perez Lazaro and Perez Rosario T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Arnold George R $154,000 Attorney
Federal Home Loan Mortgage Corporation -- Attorney
Branch Banking & Trust Company -- Attorney
Perez Lazaro $220,000 Brick City Title Insurance A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arnold George R $146,300
Previous Owner Perez Lazaro $170,000
Previous Owner Wilkinson Seeta $100,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2013 09/04/13 Sold $154,000 -17.6% $60 / Sq Ft
07/19/2013 07/19/13 Pending -- -- --
04/03/2013 04/03/13 For Sale $186,900 -- $72 / 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 $3,145 $220,852 -- --
2023 $2,670 $190,208 $0 $0
2022 $2,591 $184,668 $0 $0
2021 $2,587 $179,289 $0 $0
2020 $2,565 $176,814 $0 $0
2019 $2,525 $172,839 $0 $0
2018 $2,394 $169,616 $0 $0
2017 $2,350 $166,127 $0 $0
2016 $2,308 $162,710 $0 $0
2015 $2,322 $161,579 $0 $0
2014 $2,176 $159,832 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: OM388594

Stellar MLS

APN: 1613-004-011

Florida Marion County Silver Springs 34488

5131 NE 60th Terrace, Silver Springs, FL

This home is located at 5131 NE 60th Terrace, Silver Springs, FL 34488 since 03 April 2013 and is currently estimated at $493,339, approximately $190 per square foot. This property was built in 1992. 5131 NE 60th Terrace is a home located in Marion County with nearby schools including Ocala Springs Elementary School, North Marion Middle School, and North Marion High School.

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 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.



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

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