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3998 Southeast 7th Avenue

3998 Southeast 7th Avenue, Ocala, FL 34480
Property in Ocala
Sold Mar 22, 2022
$670,000
$670,000 by Bank Of America Na
Mortgage Due Apr 01, 2052
Sold Jun 03, 2020
$516,000
$412,000 by Sirva Mortgage Inc
Mortgage Due Jul 01, 2050
Local assessors in Ocala, FL have categorized 3998 Southeast 7th Avenue as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 14,810 square feet. The linear feet between the front and back of the lot was measured at 1,330 ft and the front of the lot was measured at 1,110 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 5 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 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 3998 Southeast 7th Avenue has a total of 3,106 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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 632 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. In addition, there is a enclosed pool on the property. Perfect for those who want to host pool parties over the summer. 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 - A. The building has a hip style roof that was made of fiberglass. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3998 Southeast 7th Avenue sold most recently in Mar 18, 2022 for a total of $670,000. If you work out the math, that's approximately a cost of $179.24 per sqft. Before that, the property was also sold for $516,000 in May 29, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $8,809 in taxes each year. 3998 Southeast 7th Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $476,775. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 15
  • Building Quality: A
  • Building Style: Modern
  • Exterior Walls Type: Wood
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 632
  • Parking Space Count: 2
  • Pool Type: Enclosed pool

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 1,110
  • Total Building Area: 3,738
  • Gross Building Area: 5,298
  • Building Area: 3,106
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,106
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLOWS AT BELLECHASE
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 40 TWP 15 RGE 22 PLAT BOOK 9 PAGE 174 WILLOWS AT BELLECHASE LOT 77

Ownership

  • Current Owner : THORNHILL REBECCA S
  • Current Owner 2: THORNHILL CHRISTOPHER J
  • Previous Owner : RYAN DEWEESE JEFFREY
  • Previous Owner 2: CAMPBELL KARA
  • Owner Before Previous Owner: MAZZURCO MICHAEL
  • Owner Before Previous Owner 2: MAZZURCO LAUREN D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 002402

Zoning

  • Zoning: PD01

Geography

  • Assessors Map Reference: MAP 180
  • Parcel: 30598-04-077
  • Lot: 77
  • Meridian: SEC 40 TWN 15S RNG 22E
  • Municipality: OCALA
  • Latitude: 29.1473
  • Longitude: -82.1295

    Address

  • Full Address: 3998 Se 7th Ave
  • Address - House Number: 3998
  • Street Direction: SE
  • Address - Street Name: 7th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Ocala
  • Carrier Code: R079
  • 4-Digit Zip Code: 2741
  • Zip Code: 34480

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $8,809
  • Tax Rate Code Area: 1001

    Appraisal Valuation

  • Standard Deviation: 0.2309
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 67
  • Final Value: 692,342
  • High Value: 852,258
  • Low Value: 532,426

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $670,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Mar 22, 2022
  • First Open Lien Mortgage Loan Amount: $670,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Market Valuation

  • Market Total Value: $580,968
  • Market Land Value: $60,000
  • Market Improvement Value: $520,968

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $476,775

    Sales

  • Current Sale Contract Date: Mar 18, 2022
  • Current Sale Recording Date: Mar 22, 2022
  • Current Sale Transaction ID: 11883533365
  • Current Sale Price: $670,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 40260
  • Previous Sale Recording Date: Jun 03, 2020
  • Previous Sale Contract Date: May 29, 2020
  • Previous Sale Amount: $516,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Mar 22, 2022
  • First Mortgage Loan Amount: $670,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: SIRVA MORTGAGE INC
  • Previous Mortgage Transaction Date: Jun 03, 2020
  • Previous Mortgage Loan Amount: $412,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2050

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Frequently Asked Questions

What neighborhood is 3998 Southeast 7th Avenue located in?
The 3998 Southeast 7th Avenue is a located in the neighborhood of Ocala in Ocala, Ocala.
What is the average sales price for listings in 3998 Southeast 7th Avenue?
The average sales price for units in 3998 Southeast 7th Avenue is $0 currently.

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