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16320 Southwest 37th Terrace Road

16320 Southwest 37th Terrace Road, Ocala, FL 34473
Property in Belleview
Sold May 08, 2018
$175,000
$140,000 by Fay Servicing Llc
Mortgage Due May 01, 2048
Sold Nov 13, 2006
$30,000
16320 Southwest 37th Terrace Road in Ocala, FL was first built in 2004 and is 20 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a modern style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 16320 Southwest 37th Terrace Road has 2,094 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,700. In total, the area measurement of the land is 16,988 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a hip style roof made of fiberglass. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. For those who need parking, there is a attached garage. The garage is 462 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as poor. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heat pump and being fueled with electricity. The property was last sold in Apr 30, 2018 for $175,000. That's $68.47 per sqft. Prior to that sales transaction, the property was also sold in Nov 10, 2006 for $30,000. 16320 Southwest 37th Terrace Road was last assessed in 2023. The total value of the property was assessed at $109,603. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,568. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Poor
  • Building Quality: B
  • Building Style: Modern
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,988
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,556
  • Gross Building Area: 2,903
  • Building Area: 2,094
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,094
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARION OAKS
  • Land Acres: 0.39
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 27 TWP 17 RGE 21 PLAT BOOK O PAGE 081 MARION OAKS UNIT 5 BLK 768 LOT 32

Ownership

  • Current Owner : DAVILA DANIEL
  • Previous Owner : JOHNSON DONALD E
  • Owner Before Previous Owner: JOHNSON DONALD E
  • Owner Before Previous Owner 2: PENA GLORIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001012

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 153
  • Parcel: 8005-0768-32
  • Block: 768
  • Lot: 32
  • Meridian: SEC 27 TWN 17S RNG 21E
  • Municipality: MARION OAKS
  • Latitude: 28.9851
  • Longitude: -82.1882

    Address

  • Full Address: 16320 Sw 37th Terrace Rd
  • Address - House Number: 16320
  • Street Direction: SW
  • Address - Street Name: 37th Terrace
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Ocala
  • Carrier Code: R022
  • 4-Digit Zip Code: 3263
  • Zip Code: 34473

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,568
  • Tax Rate Code Area: 8002

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 323,496
  • High Value: 401,590
  • Low Value: 245,401

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $190,000
  • First Open Lien Mortgage Lender: FAY SERVICING LLC
  • First Open Lien Mortgage Recording Date: May 08, 2018
  • First Open Lien Mortgage Loan Amount: $140,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2048
  • Second Open Lien Mortgage Lender: SEACOAST NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Oct 11, 2022
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Sep 27, 2037

    Market Valuation

  • Market Total Value: $292,556
  • Market Land Value: $24,250
  • Market Improvement Value: $268,306

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $109,603

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 30, 2018
  • Current Sale Recording Date: May 08, 2018
  • Current Sale Transaction ID: 11464326931
  • Current Sale Price: $175,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018043691
  • Previous Sale Recording Date: Nov 13, 2006
  • Previous Sale Contract Date: Nov 10, 2006
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAY SERVICING LLC
  • First Mortgage Transaction Date: May 08, 2018
  • First Mortgage Loan Amount: $140,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

About Marion



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$1,670 /mo

  • 3 Beds
  • 2 Baths
  • 1,356 ft²
Listing by Travis Brockling

Frequently Asked Questions

What neighborhood is 16320 Southwest 37th Terrace Road located in?
The 16320 Southwest 37th Terrace Road is a located in the neighborhood of Belleview in Marion, Ocala.
What is the average sales price for listings in 16320 Southwest 37th Terrace Road?
The average sales price for units in 16320 Southwest 37th Terrace Road is $0 currently.

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