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4405 Northwest 2nd Court

4405 Northwest 2nd Court, Ocala, FL 34475
House in Ocala
Sold Oct 01, 2020
$197,000
$193,431 by Freedom Mortgage Corp
Mortgage Due Oct 01, 2050
Sold Mar 24, 2008
$235,000
Local assessors in Ocala, FL have categorized 4405 Northwest 2nd Court as a residential type of property. The home was built in 2007 and is 17 years old. The property's lot size has been calculated to be 6,534 square feet. The linear feet between the front and back of the lot was measured at 1,060 ft and the front of the lot was measured at 600 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, 3 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 2 full bathrooms. There are also 2 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 4405 Northwest 2nd Court has a total of 2,141 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 400 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 both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is fair. 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. The building has a hip style roof that was made of fiberglass. Lots of concrete block 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 heat pump is the primary heating source and it is being fueled with electricity. 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, 4405 Northwest 2nd Court sold most recently in Sep 30, 2020 for a total of $197,000. If you work out the math, that's approximately a cost of $77.53 per sqft. Before that, the property was also sold for $235,000 in Mar 18, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,712 in taxes each year. 4405 Northwest 2nd Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $202,103. 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. 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.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.

Building Features

Exterior

Block Exterior
Stucco Exterior

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Modern
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,541
  • Gross Building Area: 2,730
  • Building Area: 2,141
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,141
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ST JAMES PARK
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 31 TWP 14 RGE 22 PLAT BOOK 010 PG 159 ST JAMES PARK BLK B LOT 1

Ownership

  • Current Owner : QUARTERMAN RONNICE S
  • Current Owner 2: HOWARD OTIS
  • Previous Owner : RALEY ROBERT SAMUEL
  • Previous Owner 2: RALEY PHYLLIS SUE
  • Owner Before Previous Owner: REED HOMES OF CENTRAL FLORIDA INC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001301

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MAP 177
  • Parcel: 15270-002-01
  • Block: B
  • Lot: 1
  • Meridian: SEC 31 TWN 14S RNG 22E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.2327
  • Longitude: -82.1391

    Address

  • Full Address: 4405 Nw 2nd Ct
  • Address - House Number: 4405
  • Street Direction: NW
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Ocala
  • Carrier Code: C031
  • 4-Digit Zip Code: 8774
  • Zip Code: 34475

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,712
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.22
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 306,401
  • High Value: 373,825
  • Low Value: 238,978

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $202,231
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Oct 01, 2020
  • First Open Lien Mortgage Loan Amount: $193,431
  • 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: Oct 01, 2050
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: May 08, 2023
  • Second Open Lien Mortgage Loan Amount: $8,800
  • Second Open Lien Mortgage Term: 328
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Oct 01, 2050

    Market Valuation

  • Market Total Value: $237,754
  • Market Land Value: $17,000
  • Market Improvement Value: $220,754

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $202,103

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 30, 2020
  • Current Sale Recording Date: Oct 01, 2020
  • Current Sale Transaction ID: 11791697114
  • Current Sale Price: $197,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020103793
  • Previous Sale Recording Date: Mar 24, 2008
  • Previous Sale Contract Date: Mar 18, 2008
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: Oct 01, 2020
  • First Mortgage Loan Amount: $193,431
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

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Frequently Asked Questions

What neighborhood is 4405 Northwest 2nd Court located in?
The 4405 Northwest 2nd Court is a house located in the neighborhood of Ocala in Marion, Ocala.
What is the average sales price for listings in 4405 Northwest 2nd Court?
The average sales price for units in 4405 Northwest 2nd Court is $0 currently.

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