NOT LISTED FOR SALE

707 SW 113th Terrace Ocala, FL 34481

Fellowship Neighborhood

Estimated Value: $370,000 - $495,000

3 Beds
2 Baths
1,344 Sq Ft
$334/Sq Ft Est. Value

Last Sold August 01, 2023

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

Est. 4% decrease in value since last sale

Current estimated payment $2,495/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%
Total Days on Market
25
Views
10
Current Estimated Value
$448,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$16,554
Avg. Annual Appreciation
-1.96%
Original Mortgage
$372,000
Outstanding Balance
$365,138
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$83,308
Source: Public Records

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Range of Values:

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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
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

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Map

Source: Stellar MLS

MLS Number: OM659084

Stellar MLS

APN: 21105-010-00