NOT LISTED FOR SALE

5490 NW 60th Terrace Ocala, FL 34482

Fellowship Neighborhood

Estimated Value: $211,000 - $264,000

3 Beds
2 Baths
1,391 Sq Ft
$177/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $265,777 $191 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,637/month

91 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • 2 Car Attached Garage
  • Wooded Lot
  • Front Porch
  • Eat-In Kitchen

About This Home

As of October 2023

Back on the market, buyer's loss is your opportunity! Come and see this nearly new, solid concrete block, split plan 3 bedroom, 2 bath, 2 car garage 1391 Sq Ft home on a quarter acre on a quiet, wooded street in NW Ocala only minutes away from the new World Equestrian Center. This home comes complete with solar panels, which will save you THOUSANDS over the years! You will like your soft close wooden cabinets in your kitchen and your walk-in primary closet and walk-in primary shower. You have more than enough room to build a pool and you have no water or sewer bill as you are on a deep well with a septic system. Talk about location, you are only minutes to downtown Ocala and restaurants, shopping, entertainment, medical offices, and everything else you need. This is the one you’ve been looking for so book your showing today before this one blesses another family’s next chapter.

Last Agent to Sell the Property

Mark Vescio

MARK SPAIN REAL ESTATE Brokerage Phone: 855-299-7653 License #3522601 Listed on: 07/06/2023

MARK SPAIN REAL ESTATE

Last Buyer's Agent

Erin Strange

REAL BROKER, LLC License #3545662

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,736

Year Built

  • Built in 2019

Lot Details

  • 10,454 Sq Ft Lot
  • East Facing Home
  • Wooded Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Ground Level Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,391 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer

Outdoor Features

  • Private Mailbox
  • Front Porch

Schools

  • Fessenden Elementary School
  • North Marion Middle School
  • North Marion High School

Utilities

  • Central Air
  • Heat Pump System
  • Thermostat
  • 1 Water Well
  • 1 Septic Tank
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Ocala Park Estate Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,736

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1391
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 2019
  • Building Area Total: 1951
  • Lot Size Sq Ft: 10454
  • Status: Sold
  • Street Direction: NW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: E. Fort King St.
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 191.07
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • AG Exemption YN: 0
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dryer, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 129.23

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other, Private Mailbox
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Asphalt, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12083C0501E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Ground Level

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Phone Available
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

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

Fee Information

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

Schools

  • Elementary School: Fessenden Elementary School
  • High School: North Marion High School
  • Middle Or Junior School: North Marion Middle School

Lot Info

  • Zoning: R1
  • Parcel Number: 1304-013-021
  • Additional Parcels: No
  • Property Attached Yn: No
  • Flood Zone Code: X

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 3736
  • Tax Block: 13
  • Tax Book Number: H-073
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 6, 2023
Closed on
Oct 27, 2023
Sold by
Olsen David W
Bought by
Padilla Alejandro
Seller's Agent
Mark Vescio
MARK SPAIN REAL ESTATE
Buyer's Agent
Erin Strange
REAL BROKER, LLC
List Price
$259,777
Sold Price
$265,777
Premium/Discount to List
$6,000
2.31%
Views
200
Current Estimated Value
$246,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,997
Avg. Annual Appreciation
-3.62%
Original Mortgage
$260,962
Outstanding Balance
$256,124
Interest Rate
7.18%
Mortgage Type
FHA
Estimated Equity
-$9,344

Purchase Details

Listed on
Jun 17, 2019
Closed on
Jan 17, 2020
Sold by
Worldwide Alliance Llc
Bought by
Olsen David W
Seller's Agent
Paul Fletcher
WORLDCORP REALTY
List Price
$147,900
Sold Price
$147,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.77%
Original Mortgage
$135,439
Interest Rate
3.73%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 25, 2019
Sold by
Hatten Joan
Bought by
Worldwide Alliance Llc

Purchase Details

Closed on
Feb 11, 2013
Sold by
Cervellera Kenneth and Cervellera Susan B
Bought by
Hatten Joan

Purchase Details

Closed on
Mar 26, 2012
Sold by
Regions Bank
Bought by
Cervellera Kenneth and Cervellera Susan B

Purchase Details

Closed on
Jun 12, 2009
Sold by
Leroy Menos
Bought by
Regions Bank

Purchase Details

Closed on
Nov 7, 2005
Sold by
Zion Land Co
Bought by
Leroy Menos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,120
Interest Rate
6.23%
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
Padilla Alejandro $265,777 Stewart Title Company
Padilla Alejandro $265,777 Stewart Title Company
Olsen David W $147,900 First American Title Ins Co
Worldwide Alliance Llc $5,500 Americas Title Corp
Hatten Joan $2,900 Sunstate Title Llc
Cervellera Kenneth $1,500 First American Title Ins Co
Regions Bank -- Attorney
Leroy Menos $35,000 Great North Amer Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padilla Alejandro $260,962
Closed Padilla Alejandro $260,962
Previous Owner Olsen David W $135,439
Previous Owner Leroy Menos $33,120
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2023 10/27/23 Sold $265,777 +2.3% $191 / Sq Ft
10/06/2023 10/06/23 Pending -- -- --
09/07/2023 09/07/23 For Sale $259,777 0.0% $187 / Sq Ft
07/22/2023 07/22/23 Pending -- -- --
07/06/2023 07/06/23 For Sale $259,777 +75.6% $187 / Sq Ft
04/23/2020 04/23/20 Off Market $147,900 -- --
01/17/2020 01/17/20 Sold $147,900 0.0% $111 / Sq Ft View Prior Sale
08/21/2019 08/21/19 Pending -- -- --
06/17/2019 06/17/19 For Sale $147,900 -- $111 / 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 $4,152 $246,294 $21,250 $225,044
2023 $4,152 $153,529 $0 $0
2022 $3,736 $149,057 $0 $0
2021 $2,028 $144,716 $7,200 $137,516
2020 $2,608 $139,458 $6,500 $132,958
2019 $81 $4,200 $4,200 $0
2018 $72 $3,800 $3,800 $0
2017 $68 $3,500 $3,500 $0
2016 $66 $2,750 $0 $0
2015 $57 $2,500 $0 $0
2014 $56 $2,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6124141

Stellar MLS

APN: 1304-013-021