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4850 Southwest 51st Terrace

4850 Southwest 51st Terrace, Ocala, FL 34474
Land in Ocala
Sold Dec 30, 2022
$665,000
$465,500 by United Wholesale Mortgage Llc
Mortgage Due Jan 01, 2053
Local assessors in Ocala, FL have categorized 4850 Southwest 51st Terrace as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 461,736 square feet. The linear feet between the front and back of the lot was measured at 13,190 ft and the front of the lot was measured at 3,500 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, 4 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4850 Southwest 51st Terrace has a total of 2,494 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. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 600 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 poor. 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 gable 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 plaster. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Dec 20, 2022 for $665,000. That's $525.28 per sqft. 4850 Southwest 51st Terrace was last assessed in 2023. The total value of the property was assessed at $473,243. Specifically, the land the property is located on was valued at $247,808. While improvements on the property were assessed at a total of $225,435. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $7,788. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Wood Exterior

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Poor
  • Building Quality: C
  • Building Style: Modern
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 2
  • Living Units: 1
  • Business/Commerical Units Count: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 600
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 461,736
  • Lot Size Depth Feet: 13,190
  • Lot Size Frontage Feet: 3,500
  • Total Building Area: 1,266
  • Gross Building Area: 4,736
  • Building Area: 2,494
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,494
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 10.6
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 33 TWP 15 RGE 21 COM 99 FT E & 1167.47 FT N OF SW COR OF W 1/2 OF SE 1/4 TH N 142.33 FT TH W 99 FT TH N 228.5 FT TH E 1323.41 FT TH S 371 FT TH W 1224.54 FT TO POB EXC E 37 FT FOR CTY RD ROW

Ownership

  • Current Owner : VIGNOLO PABLO SEBASTIAN
  • Previous Owner : JOHNS DANIEL F
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 002507

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: MAP 147
  • Parcel: 23837-001-01
  • Meridian: SEC 33 TWN 15S RNG 21E
  • Municipality: COUNTY - SWFWMD-WR
  • Latitude: 29.1393
  • Longitude: -82.2084

    Address

  • Full Address: 4850 Sw 51st Ter
  • Address - House Number: 4850
  • Street Direction: SW
  • Address - Street Name: 51st
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Ocala
  • Carrier Code: R050
  • 4-Digit Zip Code: 4382
  • Zip Code: 34474

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,788
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 72
  • Final Value: 562,388
  • High Value: 677,124
  • Low Value: 447,651

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $465,500
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Dec 30, 2022
  • First Open Lien Mortgage Loan Amount: $465,500
  • 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: Jan 01, 2053

    Market Valuation

  • Market Total Value: $473,243
  • Market Land Value: $247,808
  • Market Improvement Value: $225,435

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $473,243
  • Assessed Land Value: $247,808
  • Assessed Improvements Value: $225,435

    Sales

  • Current Sale Contract Date: Dec 20, 2022
  • Current Sale Recording Date: Dec 30, 2022
  • Current Sale Transaction ID: 11901589987
  • Current Sale Price: $665,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 179969

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Dec 30, 2022
  • First Mortgage Loan Amount: $465,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

About Marion



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Frequently Asked Questions

What neighborhood is 4850 Southwest 51st Terrace located in?
The 4850 Southwest 51st Terrace is a land located in the neighborhood of Ocala in Marion, Ocala.
What is the average sales price for listings in 4850 Southwest 51st Terrace?
The average sales price for units in 4850 Southwest 51st Terrace is $0 currently.

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