When was property at 307 Southeast 31st Terrace built and last sold?

The property at 307 Southeast 31st Terrace was built in 1972 and last sold on Dec 26, 2023 for $155,100.

How much is this home worth?

The estimated value of the home located at 307 Southeast 31st Terrace is $0.

What are some comparable homes to 307 Southeast 31st Terrace?

There are currently no comparable homes to 307 Southeast 31st Terrace.

Ocala

34471

307 SE 31ST TERRACE

$300,000

● House - Off Market

307 SE 31ST TERRACE

OCALA, FL 34471

3 Beds

2 Baths

2,337 Ft²

$1,906

Est. Monthly

5.07%

Cap Rate

About This Property

Discover your dream home in this beautifully renovated 3 bedroom 2 bathroom pool residence, ideally located less than 3 minutes from downtown Ocala. Built in 1972 and recently updated with a new roof, this home features a spacious split bedroom layout for added privacy, elegant tile flooring in the main areas, and cozy carpet in the bedrooms and living room. Enjoy the tranquility of a .45 acre lot with sparkling pool perfect for relaxation and entertainment. Experience modern comfort with classic charm in Ocala, Florida. Call for your showing today!

Unit Size

2,337 Ft²

Days on Market

173 days

Land Size

0.45 acres

Price per sqft

$128

Property Type

House

Property Taxes

$432

HOA Dues

Year Built

1972

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #OM686662)

Price History

Date / Event	Date	Event
Mar 17, 2025	Sold	Premium
Sold
Feb 7, 2025	In contract	-
In contract
Feb 2, 2025	Price Decreased	$300,000 ↓ $40K (11.8%)
Price Decreased
Jan 24, 2025	Price Decreased	$340,000 ↓ $5K (1.5%)
Price Decreased
Dec 27, 2024	Price Decreased	$345,000 ↓ $5K (1.4%)
Price Decreased
Nov 28, 2024	Price Decreased	$350,000 ↓ $20K (5.4%)
Price Decreased
Nov 21, 2024	Price Decreased	$370,000 ↓ $5K (1.3%)
Price Decreased
Oct 25, 2024	Price Decreased	$375,000 ↓ $10K (2.6%)
Price Decreased
Sep 25, 2024	Listed by RESOLUTE REAL ESTATE LLC	$385,000
Listed by RESOLUTE REAL ESTATE LLC
Dec 26, 2023	Sold	Premium
Sold
Jun 13, 2020	No longer available	-
No longer available
Mar 20, 2020	Listed	$179,500
Listed

	Great Location pool Home!! 3 bedroom split plan 2 bath, open floor plan. large family room with fire place and large inground pool for those hot summer days right around the corner!! Tile floors with carpet only in the family room. Close to shopping in the city limits. Home being sold AS-IS with right to inspect. The manager has listed the unit size as 2337 square feet.
Jul 8, 2016	Sold	Premium
Sold
Dec 28, 2015	Sold	Premium
Sold

Property Highlights

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1972

Effective Year Built: 1972
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 8
Building Condition: 4
Building Quality: 10
Construction Type: 0
Building Style: 10
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 1
Roof Cover Type: 11
Floor Count: 100
Living Units: 1
Floor Cover: 15
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 5
Porch Type: 102
Pool Type: 8

Dimensions

Lot Size Square Feet: 19,602

Lot Size Depth Feet: 1,500
Lot Size Frontage Feet: 1,300
Total Building Area: 2,337
Gross Building Area: 2,741
Building Area: 2,337
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 4
Heated Square Feet: 2,337
Heating Fuel Type: 3

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: OCALA HIGHLANDS
Land Acres: 0000000450
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 16 LOTS 5.6

Neighborhood

School District Name: Marion County School District

Census Tract: 002100

Zoning

Zoning: R1A

Geography

Assessors Map Reference: MAP 196

Parcel: 2782-016-005
Block: 16
Lot: 5
Meridian: SEC 15 TWN 15S RNG 22E
Municipality: OCALA
Latitude: 29.1838
Longitude: -82.0933

Address

Full Address: 307 Se 31st Ter

Address - House Number: 307
Street Direction: SE
Address - Street Name: 31st
Address - Suffix Type: Ter
State: FL
City Name: Ocala
Carrier Code: C026
4-Digit Zip Code: 2820
Zip Code: 34471

Valuation

Tax

Tax Year: 2023

Tax Amount: $518,817
Tax Rate Code Area: 1001

Appraisal Valuation

Standard Deviation: 0.2228

Valuation Date: Feb 07, 2024
Confidence Score: 69
Final Value: 341,281
High Value: 417,352
Low Value: 265,211

Market Valuation

Market Total Value: $275,249

Market Land Value: $78,000
Market Improvement Value: $197,249

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $275,249
Assessed Land Value: $78,000
Assessed Improvements Value: $197,249

Sales

Current Sale Contract Date: Dec 26, 2023

Current Sale Recording Date: Dec 26, 2023
Current Sale Price:

Premium
Current Sale Document Type: 23
Current Sale Input Document Number: 163976
Previous Sale Recording Date: Jul 08, 2016
Previous Sale Contract Date: Jul 06, 2016
Previous Sale Amount: $156,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

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

Request mortgage information redaction

Comparables

About Ocala

Stats & Trends

Median Asking:

$281,750

Sale Price/ft²

$164

Below Asking

0.03%

Average Days on Market

Average Home Size

1960 ft²

Average Home Age

36.8 years

Currently For Sale

523 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 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

Unit for rent at 4559 Se 25th Loop, OCALA, FL, 34480

$1,900 /mo

3 Beds
2 Baths
1,788 ft²

4559 Se 25th Loop, OCALA, FL, 34480 Listing by Melissa Brackett

Unit for rent at 3627 Se 37th Avenue Road, OCALA, FL, 34480

$1,800 /mo

3 Beds
2 Baths
1,782 ft²

3627 Se 37th Avenue Road, OCALA, FL, 34480 Listing by Gilbert Rivera

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Tyler Stump
RESOLUTE REAL ESTATE LLC
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# OM686662

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.

307 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