NOT LISTED FOR SALE

9940 SW 61st Terrace Ocala, FL 34476

Estimated Value: $219,000 - $241,000

3 Beds
2 Baths
1,623 Sq Ft
$142/Sq Ft Est. Value

Last Sold December 07, 2021

Last sale price $219,999 $136 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $1,533/month

29 Days on Market

Highlights

  • Fitness Center
  • Clubhouse
  • Tennis Courts
  • Active Adult
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of December 2021

Proud original owners. Model Cardinal II in Cherrywood Estates a 55+ Community. This home has a deeper Garage from the Original model, and a bigger living room area. Vaulted ceilings, Enclosed Lanai, Kitchen bar opened to the dining room. Roof 2017, Newer water heater. Cherrywood Estates has a Club House with a lot of activities, a swimming pool, library, billiard room, fitness room, kitchen, activities room interior and exterior, tennis courts, basketball courts, grilling area, and more. This home is close to shopping, medical offices and retail stores.

Last Agent to Sell the Property

Paola Suarez Aldrete

GLOBAL PROPERTIES REALTY & INV License #3398595 Listed on: 09/24/2021

Last Buyer's Agent

Beth Anthony

REMAX/PREMIER REALTY License #3074140

REMAX/PREMIER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,343

Year Built

  • Built in 1999

Lot Details

  • 9,148 Sq Ft Lot
  • Lot Dimensions are 85x108
  • East Facing Home
  • Irrigation
  • Property is zoned R1

HOA Fees

  • $246 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,623 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, community pool, manager, pool maintenance, recreational facilities
  • Jennifer Griffin Association, Phone Number (352) 237-1675
  • Cherrywood Estates Ph 06 A Subdivision, Cardinal II Floorplan
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Fitness Center
  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,343

Year Built

Built in 1999

Lot Details

0

HOA Fees

$246 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Manager, Pool Maintenance, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1623
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1999
  • Lot Size Sq Ft: 9148
  • Directions to Property: From I75 take Exit 350 and Turn West on SW State Rd 200, Turn Left Sw 60th Ave, Continue onto SW 62nd Ave, Turn right onto SW 98th Street Rd, Turn left onto SW 59th Cir, Turn right onto SW 61st Terrace, property is second house on the left
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM627713?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM627713?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 135.55
  • Close to Original List Price Ratio: 0.97777
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 9940
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Pool, Tennis Courts
  • Association Amenities: Basketball Court, Cable TV, Clubhouse, Fitness Center, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 246
  • Association Fee Frequency: Monthly
  • Association Name: Jennifer Griffin
  • Phone: 352-237-1675
  • Association: Yes
  • Senior Community: Yes
  • Association Email: cwpm09@centurylink.net
  • Complex Community Name NCCB: CHERRYWOOD ESTATES
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 2952
  • Monthly HOA Fee: 246
  • Total Monthly Fees: 246

Lot Info

  • Zoning: R1
  • Parcel Number: 35680-023-19
  • Additional Parcels: No
  • Lot Dimensions: 85x108
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: Check with Association management
  • Pet Restrictions: Check with Association management
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2343.35
  • Tax Block: W
  • Tax Book Number: 005-054,CHERRY
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 24, 2021
Closed on
Dec 7, 2021
Sold by
Lowe Kenneth C and Lowe Family Trust
Bought by
Newman Betty Lynn and Betty Lynn Newman Revocable Tr
Seller's Agent
Paola Suarez Aldrete
GLOBAL PROPERTIES REALTY & INV
Buyer's Agent
Beth Anthony
REMAX/PREMIER REALTY
List Price
$225,000
Sold Price
$219,999
Premium/Discount to List
-$5,001
-2.22%
Current Estimated Value
$229,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,994
Avg. Annual Appreciation
1.55%
Original Mortgage
$119,999
Outstanding Balance
$110,565
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$122,651

Purchase Details

Closed on
Nov 22, 2006
Sold by
Lowe Kenneth C and Lowe Mary E
Bought by
Lowe Kenneth C and Lowe Mary E

Purchase Details

Closed on
Dec 17, 1999
Sold by
Cherrywood Estates Inc
Bought by
Lowe Kenneth C and Lowe Mary E
Source: Public Records

Range of Values:

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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
Newman Betty Lynn $220,000 Signature T&E Svcs Llc
Lowe Kenneth C -- None Available
Lowe Kenneth C $94,400 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betty Lynn Newman Revocable Tr $50,000
Open Newman Betty Lynn $119,999
Previous Owner Lowe Kenneth C $80,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2021 12/07/21 Sold $219,999 0.0% $136 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
10/28/2021 10/28/21 Price Changed $219,999 -2.2% $136 / Sq Ft
10/04/2021 10/04/21 For Sale $225,000 +2.3% $139 / Sq Ft
09/24/2021 09/24/21 Off Market $219,999 -- --
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 $876 $81,579 -- --
2023 $844 $79,203 $0 $0
2022 $859 $75,374 $0 $0
2021 $2,540 $147,007 $23,000 $124,007
2020 $2,343 $132,246 $22,000 $110,246
2019 $2,157 $117,199 $9,680 $107,519
2018 $1,883 $101,030 $8,800 $92,230
2017 $1,714 $87,893 $8,000 $79,893
2016 $1,662 $83,939 $0 $0
2015 $1,539 $76,308 $0 $0
2014 $1,392 $71,115 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Paola Suarez Aldrete

    Seller's Agent in 2021

    Paola Suarez Aldrete

    GLOBAL PROPERTIES REALTY & INV

    (352) 209-6893

    8 in this area

    42 Total Sales

    Paola Suarez Aldrete
    Section Image
  • Beth Anthony

    Buyer's Agent in 2021

    Beth Anthony

    RE/MAX

    (352) 817-1212

    36 in this area

    202 Total Sales

    Beth Anthony
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM627713

Stellar MLS

APN: 35680-023-19

Florida Marion County Ocala 34476

9940 SW 61st Terrace, Ocala, FL

This home is located at 9940 SW 61st Terrace, Ocala, FL 34476 since 24 September 2021 and is currently estimated at $229,993, approximately $141 per square foot. This property was built in 1999. 9940 SW 61st Terrace is a home located in Marion County with nearby schools including Hammett Bowen Jr. 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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