NOT LISTED FOR SALE

707 SW 113th Terrace Ocala, FL 34481

Fellowship Neighborhood

Estimated Value: $416,000 - $632,000

3 Beds
2 Baths
1,344 Sq Ft
$369/Sq Ft Est. Value

Last Sold August 01, 2023

Last sale price $465,000 $346 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,122/month

25 Days on Market

Highlights

  • 9.31 Acre Lot
  • No HOA
  • Walk-In Closet
  • West Port High School Rated A-
  • 2 Car Attached Garage
  • Living Room

About This Home

As of August 2023

Under contract-accepting backup offers. Wonderful concrete block house on 9.31 acres less than a 5-minute drive to the World Equestrian Center! The property is very private with the house sitting at a high elevation on this almost 10-acre parcel. The house has 3 bedrooms & 2 full bathrooms & has been well maintained by the owners. The house boasts all newer windows throughout with high wind rating, a newer AC unit & approx. 10-year old metal roof. The ample kitchen leads to a large laundry & utility room and to an over-sized 2 car garage. The master bedroom has an ensuite full bathroom and walk-in closet with a lot of closet & storage space. Build the horse farm of your dreams on this wonderful agriculturally zoned property or just enjoy the peace & serenity this property has to offer.

Last Agent to Sell the Property

Katie Moon

GOLDEN OCALA REAL ESTATE INC License #3306468 Listed on: 06/03/2023

Last Buyer's Agent

Katie Moon

GOLDEN OCALA REAL ESTATE INC License #3306468 Listed on: 06/03/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,339

Year Built

  • Built in 1978

Lot Details

  • 9.31 Acre Lot
  • Lot Dimensions are 630x644
  • Dirt Road
  • North Facing Home
  • Property is zoned A1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry in unit

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Utilities

  • Central Air
  • 1 Water Well
  • 1 Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,339

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1344
  • Lot Size Acres: 9.31
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 2200
  • Lot Size Sq Ft: 405544
  • Directions to Property: From the World Equestrian Center go West on Hwy 40 past 110th then make a U turn and turn on to SW 113th. It is a dirt road all the way to the property. Take the dirt road to the end then take the left driveway entrance to the house.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Ocala
  • Escrow State: FL
  • List Office Head Office Key Nume: 574403734
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 345.98
  • Total Acreage: 5 to less than 10
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Walk-In Closet(s)
  • Appliances Included: Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 707
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 124.86
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Exterior Features: Other
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Dirt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Other
  • Laundry Features: Inside
  • 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

Lot Info

  • Zoning: A1
  • Parcel Number: 21105-010-00
  • Additional Parcels: No
  • Lot Dimensions: 630x644
  • Flood Zone Code: X, AE
  • Homestead YN: 1
  • Lot Size Square Meters: 37676

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1339.35
  • Tax Block: 5
  • Tax Book Number: 1
  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2023
Closed on
Aug 1, 2023
Sold by
Swiatek David Jay and Swiatek Sharen K
Bought by
Mcelvain Clayton
Seller's Agent
Katie Moon
GOLDEN OCALA REAL ESTATE INC
Buyer's Agent
Katie Moon
GOLDEN OCALA REAL ESTATE INC
List Price
$495,000
Sold Price
$465,000
Premium/Discount to List
-$30,000
-6.06%
Views
10
Current Estimated Value
$495,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,553
Avg. Annual Appreciation
-1.70%
Original Mortgage
$372,000
Outstanding Balance
$365,138
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$83,308
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
Mcelvain Clayton $465,000 Assured Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcelvain Clayton $372,000
Previous Owner Swiatek David Jay $57,430
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2023 08/01/23 Sold $465,000 -6.1% $346 / Sq Ft
06/29/2023 06/29/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $495,000 -- $368 / 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 $5,320 $320,371 $180,162 $140,209
2023 $1,382 $107,703 $0 $0
2022 $1,339 $104,566 $0 $0
2021 $1,330 $101,520 $0 $0
2020 $1,316 $100,118 $0 $0
2019 $1,291 $97,867 $0 $0
2018 $1,226 $96,042 $0 $0
2017 $1,202 $94,067 $0 $0
2016 $1,167 $92,132 $0 $0
2015 $1,168 $91,492 $0 $0
2014 $1,099 $90,766 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Katie Moon

    Seller's Agent in 2023

    Katie Moon

    GOLDEN OCALA REAL ESTATE INC

    (561) 402-9961

    51 in this area

    85 Total Sales

    Katie Moon
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Map

Source: Stellar MLS

MLS Number: OM659084

Stellar MLS

APN: 21105-010-00

Florida Marion County Ocala 34481 Fellowship

707 SW 113th Terrace, Ocala, FL

This home is located at 707 SW 113th Terrace, Ocala, FL 34481 since 03 June 2023 and is currently estimated at $495,553, approximately $368 per square foot. This property was built in 1978. 707 SW 113th Terrace is a home located in Marion County with nearby schools including College Park Elementary School, Liberty Middle School, and West Port 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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