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Marion 34491
14193 SE 85th TERRACE
$257,000
● House - Off Market

14193 SE 85th TERRACE

SUMMERFIELD, FL 34491
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,166 Ft²
$270,303
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Don't hesitate! This home is move in ready!! 2021 Re shingled Roof, A/C 2016, Whole house Generator 2017. No Carpet in this home, Enclosed Lanai plus a Covered Patio, Extended 2 car garage with Newly Epoxy painted flooring. New Sliding Screens on Garage door. Solar powered attic fan. Home has a Gas Stove!! S/S appliances except Microwave. 2/2 Master was redone. Stamped concrete walk way& drive way. Maintenance free landscaping. Furniture is available separately.
Unit Size
1,166 Ft²
Days on Market
41 days
Land Size
0.17 acres
Price per sqft
$214
Property Type
House
Property Taxes
$173
HOA Dues
$150
Year Built
2000

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #OM631559)

Price History

Date / Event Date Event Price
Mar 8, 2022 Sold
Premium
Sold
Jan 25, 2022 Sold
Premium
Sold
Dec 15, 2021 Listed by FOXFIRE REALTY $249,900
Listed by FOXFIRE REALTY
Jan 4, 2021 Sold
Premium
Sold
Nov 24, 2020 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 2
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 11
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,646
  • Gross Building Area: 2,011
  • Building Area: 1,166
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,166
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRUCE CREEK GOLF AND COUNTRY CLUB - AVE
  • Land Acres: 0000000170
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 16 TWP 17 RGE 23 PLAT BOOK 005 PAGE 085 SPRUCE CREEK GOLF AND COUNTRY CLUB - AVENEL PHASE II LOT 42

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 000810

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MAP 257
  • Parcel: 6101-200-042
  • Lot: 42
  • Meridian: SEC 16 TWN 17S RNG 23E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.0175
  • Longitude: -82.0089

    Address

  • Full Address: 14193 Se 85th Ter
  • Address - House Number: 14193
  • Street Direction: SE
  • Address - Street Name: 85th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Summerfield
  • Carrier Code: R015
  • 4-Digit Zip Code: 9384
  • Zip Code: 34491

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $364,623
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.2224
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 286,376
  • High Value: 350,092
  • Low Value: 222,660

    Market Valuation

  • Market Total Value: $212,496
  • Market Land Value: $48,400
  • Market Improvement Value: $164,096

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,496
  • Assessed Land Value: $48,400
  • Assessed Improvements Value: $164,096

    Sales

  • Current Sale Contract Date: Jan 25, 2022
  • Current Sale Recording Date: Mar 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 33916
  • Previous Sale Recording Date: Jan 04, 2021
  • Previous Sale Contract Date: Dec 29, 2020
  • Previous Sale Amount: $194,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marion

Stats & Trends

Median Asking:

$287,900

Sale Price/ft²

$175

Below Asking

0.01%

Average Days on Market

91

Average Home Size

1894 ft²

Average Home Age

20.7 years

Currently For Sale

3875 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 9782 Se 157th Lane, SUMMERFIELD, FL, 34491

$1,550 /mo

  • 3 Beds
  • 1 Bath
  • 1,176 ft²
9782 Se 157th Lane, SUMMERFIELD, FL, 34491 Listing by Lynn Taylor

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Carol Castineira
FOXFIRE REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM631559
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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 14193 Southeast 85th Terrace built and last sold?
The property at 14193 Southeast 85th Terrace was built in 2000 and last sold on Jan 25, 2022 for $257,000.
How much is this home worth?
The estimated value of the home located at 14193 Southeast 85th Terrace is $248,752.
What are some comparable homes to 14193 Southeast 85th Terrace?
There are currently no comparable homes to 14193 Southeast 85th Terrace.
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