When was property at 228 Southeast 31st Terrace built and last sold?

The property at 228 Southeast 31st Terrace was built in 1956 and last sold on Jul 31, 2020 for $111,385.

How much is this home worth?

The estimated value of the home located at 228 Southeast 31st Terrace is $0.

What are some comparable homes to 228 Southeast 31st Terrace?

There are currently no comparable homes to 228 Southeast 31st Terrace.

Ocala

34471

228 SE 31ST TERRACE

$177,000

● House - Off Market

228 SE 31ST TERRACE

OCALA, FL 34471

3 Beds

1 Bath

1,058 Ft²

$1,089

Est. Monthly

About This Property

This 3-bedroom, 1-bath home is nestled in one of Ocala's most desirable Southeast neighborhoods, just off

Fort King and within the highly sought-after Southeast school districts.

The property features a new roof (2020), a welcoming front porch, screened porch, carport, and outside

laundry. Inside, you'll find built-in shelving that adds both character and functionality. Mature, beautiful trees

provide shade and enhance the peaceful setting.

This home is an excellent opportunity for a first-time homebuyer or investor, offering a solid layout in a

well-established neighborhood with long-term appeal.

Unit Size

1,058 Ft²

Days on Market

32 days

Land Size

0.32 acres

Price per sqft

$172

Property Type

House

Property Taxes

$195

HOA Dues

Year Built

1956

Payment Calculator

Cap Rate Calculator

Last updated: 8 months ago (Stellar MLS #OM717338)

Price History

Date / Event	Date	Event
Feb 24, 2026	Sold	Premium
Sold
Jan 22, 2026	Listed by HOMERUN REALTY	$181,900
Listed by HOMERUN REALTY
Aug 5, 2020	Sold	Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

General

Year Built: 1956

Effective Year Built: 1956
Building Count: 1
Bedroom Count: 3
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Bathroom Plumbing Fixtures: 5
Building Condition: 4
Building Quality: 10
Construction Type: 0
Building Style: 10
Exterior Walls Type: 7
Interior Walls Type: 6
Roof Shape Type: 1
Roof Cover Type: 11
Floor Count: 100
Living Units: 1
Floor Cover: 11
Basement Type: 0
Basement Area: 0
Garage Type: 3
Garage Square Area: 360
Parking Space Count: 1
Patio Type: 59
Porch Type: 111
Pool Type: 0

Dimensions

Lot Size Square Feet: 13,939

Lot Size Depth Feet: 1,200
Lot Size Frontage Feet: 1,160
Total Building Area: 1,058
Gross Building Area: 1,649
Building Area: 1,058
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 8
Heated Square Feet: 1,058
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: OCALA HIGHLANDS
Land Acres: 0000000320
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 001
Legal Description 1: SEC 15 TWP 15 RGE 22 PLAT BOOK C PAGE 001 OCALA HIGHLANDS BLK 17 LOTS 19.20

Neighborhood

School District Name: Marion County School District

Census Tract: 002100

Zoning

Zoning: R1A

Geography

Assessors Map Reference: MAP 196

Parcel: 2782-017-019
Block: 17
Lot: 19
Meridian: SEC 15 TWN 15S RNG 22E
Municipality: OCALA
Latitude: 29.1842
Longitude: -82.0939

Address

Full Address: 228 Se 31st Ter

Address - House Number: 228
Street Direction: SE
Address - Street Name: 31st
Address - Suffix Type: Ter
State: FL
City Name: Ocala
Carrier Code: C026
4-Digit Zip Code: 2823
Zip Code: 34471

Valuation

Tax

Tax Year: 2023

Tax Amount: $228,440
Tax Rate Code Area: 1001

Appraisal Valuation

Standard Deviation: 0.2559

Valuation Date: Jan 31, 2024
Confidence Score: 63
Final Value: 203,014
High Value: 254,974
Low Value: 151,054

Market Valuation

Market Total Value: $158,195

Market Land Value: $64,728
Market Improvement Value: $93,467

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $153,288

Sales

Current Sale Contract Date: Jul 31, 2020

Current Sale Recording Date: Aug 05, 2020
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2020080591

Last Sale Mortgage

First Mortgage Lender:

Premium

First Mortgage Transaction Date:

Premium
First Mortgage Loan Amount:

Premium
First Mortgage Terms:

Premium
First Mortgage Loan Type:

Premium
First Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Ocala

Stats & Trends

Median Asking:

$281,219

Sale Price/ft²

$164

Below Asking

0.03%

Average Days on Market

Average Home Size

1960 ft²

Average Home Age

36.7 years

Currently For Sale

518 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 43 Se 15th Terrace, OCALA, FL, 34471

$2,300 /mo

3 Beds
2 Baths
1,900 ft²

43 Se 15th Terrace, OCALA, FL, 34471 Listing by John Morrison

Unit for rent at 45 Se 15th Terrace, OCALA, FL, 34471

$2,000 /mo

2 Beds
2 Baths
1,900 ft²

45 Se 15th Terrace, OCALA, FL, 34471 Listing by John Morrison

Unit for rent at 3246 Ne 7th Lane, OCALA, FL, 34470

$1,850 /mo

4 Beds
2 Baths
1,421 ft²

3246 Ne 7th Lane, OCALA, FL, 34470 Listing by Lo Laurore

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Dawn Padot
HOMERUN REALTY
Last Updated: 8 months ago
Data Source: Stellar MLS, MLS# OM717338

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.

228 SE 31ST TERRACE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Ocala

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions