When was property at 3002 Southeast 47th Terrace built and last sold?

The property at 3002 Southeast 47th Terrace was built in 2005 and last sold on Nov 3, 2022 for $417,500.

How much is this home worth?

The estimated value of the home located at 3002 Southeast 47th Terrace is $426,859.

What are some comparable homes to 3002 Southeast 47th Terrace?

There are currently no comparable homes to 3002 Southeast 47th Terrace.

Ocala

34480

3002 SE 47TH TERRACE

$420,000

● House - Off Market

3002 SE 47TH TERRACE

OCALA, FL 34480

4 Beds

3 Baths

2,219 Ft²

$2,638

Est. Monthly

$87

HOA / Fees

4.59%

Cap Rate

About This Property

Don't miss out on the opportunity to own this beautiful Owen Construction home available in the gated community of Magnolia Ridge. You'll love the quiet, cul-de-sac location and the welcoming front porch. Inside, the open concept, 4 bedroom, 3 bath floor plan with office/bonus room will accommodate all that your heart desires. The gas fireplace sets the stage in the main living space, plus a formal dining room and the updated kitchen are all ready for entertaining. This large .39 acre parcel boasts a fully fenced backyard - perfect for your four legged family members, outdoor games, gardening, or a future pool. There is even bathroom access directly from the back porch! Roof updated in 2022. Starlink equipment package will convey with the home.

Unit Size

2,219 Ft²

Days on Market

75 days

Land Size

0.39 acres

Price per sqft

$191

Property Type

House

Property Taxes

$464

HOA Dues

$87

Year Built

2005

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #OM698432)

Price History

Date / Event	Date	Event
Jun 16, 2025	Sold	Premium
Sold
May 11, 2025	In contract	-
In contract
Apr 2, 2025	Listed by IT'S ALL ABOUT YOU...REAL ESTA	$424,900
Listed by IT'S ALL ABOUT YOU...REAL ESTA
Nov 4, 2022	Sold	Premium
Sold
Sep 1, 2022	Listed by IT'S ALL ABOUT YOU...REAL ESTA	$419,400
Listed by IT'S ALL ABOUT YOU...REAL ESTA
Sep 1, 2021	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 2005

Effective Year Built: 2005
Building Count: 1
Bedroom Count: 4
Bathroom Count: 3
Full Bathrooms: 3
Partial Bathrooms: 3
Bathroom Plumbing Fixtures: 14
Building Condition: 4
Building Quality: 4
Construction Type: 0
Building Style: 10
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 8
Roof Cover Type: 11
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 550
Parking Space Count: 2
Patio Type: 59
Porch Type: 102
Pool Type: 0

Dimensions

Lot Size Square Feet: 16,988

Lot Size Depth Feet: 1,500
Lot Size Frontage Feet: 1,120
Total Building Area: 2,769
Gross Building Area: 3,089
Building Area: 2,219
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 2,219
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: MAGNOLIA RIDGE
Land Acres: 0000000390
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 001
Legal Description 1: SEC 25 TWP 15 RGE 22 PLAT BOOK 8 PAGE 167 MAGNOLIA RIDGE BLK A LOT 8

Neighborhood

School District Name: Marion County School District

Census Tract: 002203

Zoning

Zoning: R1A

Geography

Assessors Map Reference: MAP 214

Parcel: 29731-001-08
Block: A
Lot: 8
Meridian: SEC 25 TWN 15S RNG 22E
Municipality: OCALA
Latitude: 29.1582
Longitude: -82.0699

Address

Full Address: 3002 Se 47th Ter

Address - House Number: 3002
Street Direction: SE
Address - Street Name: 47th
Address - Suffix Type: Ter
State: FL
City Name: Ocala
Carrier Code: R135
4-Digit Zip Code: 6385
Zip Code: 34480

Valuation

Tax

Tax Year: 2023

Tax Amount: $543,356
Tax Rate Code Area: 1001

Appraisal Valuation

Standard Deviation: 0.2332

Valuation Date: Jan 31, 2024
Confidence Score: 67
Final Value: 408,299
High Value: 503,535
Low Value: 313,062

Open Liens

Total Open Liens:

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Total Open Liens Amount:

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Market Valuation

Market Total Value: $330,065

Market Land Value: $51,000
Market Improvement Value: $279,065

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $330,065
Assessed Land Value: $51,000
Assessed Improvements Value: $279,065

Sales

Current Sale Contract Date: Nov 03, 2022

Current Sale Recording Date: Nov 04, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 158085
Previous Sale Recording Date: Sep 01, 2021
Previous Sale Contract Date: Aug 23, 2021
Previous Sale Amount: $340,000
Previous Sale Document Type: 71

Last Sale Mortgage

First Mortgage Lender:

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First Mortgage Transaction Date:

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First Mortgage Loan Amount:

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Previous Mortgages

Previous Mortgage Lender:

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Previous Mortgage Transaction Date:

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Previous Mortgage Loan Amount:

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Previous Mortgage Term:

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Previous Mortgage Loan Type:

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Previous 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:

$282,990

Sale Price/ft²

$163

Below Asking

0.03%

Average Days on Market

Average Home Size

1961 ft²

Average Home Age

36.7 years

Currently For Sale

411 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 3612 Se 34th Court, OCALA, FL, 34471

$2,100 /mo

3 Beds
2 Baths
1,687 ft²

3612 Se 34th Court, OCALA, FL, 34471 Listing by Carolyn Day

Unit for rent at 6527 Se 1st Loop, OCALA, FL, 34472

$2,350 /mo

4 Beds
2 Baths
2,319 ft²

6527 Se 1st Loop, OCALA, FL, 34472 Listing by Reina Mendez

Unit for rent at 6484 Se 4th Lane, OCALA, FL, 34472

$2,375 /mo

5 Beds
3 Baths
2,438 ft²

6484 Se 4th Lane, OCALA, FL, 34472 Listing by Lucas Isaza

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Melissa Townsend
IT'S ALL ABOUT YOU...REAL ESTA
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# OM698432

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.

3002 SE 47TH 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