2334 Northeast 29th Terrace

Local assessors in Ocala, FL have categorized 2334 Northeast 29th Terrace as a industrial type of property. The home was built in 1986 and is 38 years old. The property's lot size has been calculated to be 47,916 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 1,150 ft. As for the restroom situation, there are 3 full bathrooms. There are also 5 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2334 Northeast 29th Terrace has a total of 6,000 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Moving onto specific details regarding the building. Our sources show that the building condition is poor. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of concrete block were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. 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, 2334 Northeast 29th Terrace was last sold in Oct 14, 2016 for $285,000. According to our calculations, that's $47.50 per sqft. Current property owners are expected to pay $6,529 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 2334 Northeast 29th Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $321,614. 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.