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228 Southeast 31st Terrace

228 Southeast 31st Terrace, Ocala, FL 34471
Property in Ocala
Sold Aug 05, 2020
$111,385
228 Southeast 31st Terrace has been categorized by the local assessors in Ocala, FL as a residential type of property. The building on the property was first built in 1956 and is 68 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 228 Southeast 31st Terrace has 1,058 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 1,160 ft. The area measurement of the land has been determined as 13,939 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a carport for those who require parking. The garage measured 360 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as poor. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of fiberglass. The exterior walls of the building are made of concrete block. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 228 Southeast 31st Terrace was last sold in Jul 31, 2020 for $111,385. According to our calculations, that's $105.28 per sqft. Current property owners are expected to pay $2,284 in taxes per year. The property on 228 Southeast 31st Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $153,288. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

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: Poor
  • Building Quality: D
  • Building Style: Modern
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 360
  • Parking Space Count: 1

    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: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,058
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OCALA HIGHLANDS
  • Land Acres: 0.32
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 15 TWP 15 RGE 22 PLAT BOOK C PAGE 001 OCALA HIGHLANDS BLK 17 LOTS 19.20

Ownership

  • Current Owner : THOMAS KENDALL
  • Current Owner 2: EVANS LAUREN
  • Previous Owner : DURR TERRY J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

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: $2,284
  • 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 Transaction ID: 11779655548
  • Current Sale Price: $111,385
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020080591

    Last Sale Mortgage

  • First Mortgage Lender: TERRY DURR
  • First Mortgage Transaction Date: Aug 05, 2020
  • First Mortgage Loan Amount: $92,414
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Jul 01, 2023

About Ocala



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406 Ne 21st Avenue, OCALA, FL, 34470 Listing by Chelsea Dejoie

Frequently Asked Questions

What neighborhood is 228 Southeast 31st Terrace located in?
The 228 Southeast 31st Terrace is a located in the neighborhood of Ocala in Ocala, Ocala.
What is the average sales price for listings in 228 Southeast 31st Terrace?
The average sales price for units in 228 Southeast 31st Terrace is $0 currently.

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