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4898 Ocala Terrace

4898 Ocala Terrace, North Port, FL 34288
Sold Feb 12, 2019
$285,900
$245,900 by Titan Mutual Lending Inc
Mortgage Due Dec 01, 2051
Sold Jan 03, 2017
$250,000
$220,924 by United Wholesale Mortgage
Mortgage Due Jan 01, 2047
Local assessors in North Port, FL have categorized 4898 Ocala Terrace as a residential type of property. The home was built in 2004 and is 20 years old. It was most recently renovated and altered in 2014. The property's lot size has been calculated to be 33,564 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 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 4898 Ocala Terrace has a total of 1,646 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 attached garage for those who need a place to park their vehicle. The garage on the property is 380 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. 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 asphalt. Lots of stucco 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 central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 4898 Ocala Terrace was last sold in Feb 11, 2019 for $285,900. According to our calculations, that's $141.12 per sqft. Prior to that sales transaction, the property was sold for $250,000 in Dec 29, 2016. Current property owners are expected to pay $3,568 in taxes per year. The property on 4898 Ocala Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $222,036. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 33,564
  • Lot Size Frontage Feet: 10
  • Total Building Area: 2,026
  • Gross Building Area: 2,081
  • Building Area: 1,646
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,646
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: PORT CHARLOTTE SUB 12
  • Land Acres: 0.771
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 29 & 30, BLK 743 12TH ADD TO PORT CHARLOTTE

Ownership

  • Current Owner : IZZO RICHARD ANSON
  • Previous Owner : WIEGELE THOMAS P
  • Previous Owner 2: YAROS FRANCES E
  • Owner Before Previous Owner: STROUPS BILLY R
  • Owner Before Previous Owner 2: STROUPS ANNETTE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T05 F093 G071
  • Census Tract: 002746

Zoning

  • Zoning: RSF2

Geography

  • Assessors Map Reference: 41C
  • Account Number: 1144074329
  • Subdivision Tract Number: 1540
  • Parcel: 1144-07-4329
  • Block: 743
  • Lot: 29
  • Meridian: SEC 32 TWN 39S RNG 22E
  • Municipality: CITY OF NORTH PORT
  • Latitude: 27.0379
  • Longitude: -82.1307

    Address

  • Full Address: 4898 Ocala Ter
  • Address - House Number: 4898
  • Address - Street Name: Ocala
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: North Port
  • Carrier Code: R095
  • 4-Digit Zip Code: 5834
  • Zip Code: 34288

Valuation

    Tax

  • Total Area: 2,227
  • Tax Year: 2023
  • Tax Amount: $3,568
  • Tax Rate Code Area: 0500

    Appraisal Valuation

  • Standard Deviation: 0.1713
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 466,525
  • High Value: 546,461
  • Low Value: 386,590

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,900
  • First Open Lien Mortgage Lender: TITAN MUTUAL LENDING INC
  • First Open Lien Mortgage Recording Date: Nov 12, 2021
  • First Open Lien Mortgage Loan Amount: $245,900
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $359,900
  • Market Land Value: $41,600
  • Market Improvement Value: $318,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $222,036

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 11, 2019
  • Current Sale Recording Date: Feb 12, 2019
  • Current Sale Transaction ID: 11570686166
  • Current Sale Price: $285,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019017415
  • Previous Sale Recording Date: Jan 03, 2017
  • Previous Sale Contract Date: Dec 29, 2016
  • Previous Sale Amount: $250,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NTFN INC
  • First Mortgage Transaction Date: Feb 12, 2019
  • First Mortgage Loan Amount: $228,720
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Jan 03, 2017
  • Previous Mortgage Loan Amount: $220,924
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jan 01, 2047

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Frequently Asked Questions

What neighborhood is 4898 Ocala Terrace located in?
The 4898 Ocala Terrace is a located in the neighborhood of North Port Charlotte in North Port Charlotte, North Port.
What is the average sales price for listings in 4898 Ocala Terrace?
The average sales price for units in 4898 Ocala Terrace is $0 currently.

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