See Home Value
Marion 34471
501 SE 48TH AVENUE
$287,845*
House - Off Market

501 SE 48TH AVENUE

OCALA, FL 34471
bedrooms
5 Beds
bathrooms
5 Baths, 2 Half Baths
square feet
3655 Sqft
$218,000 - $266,000
Reference Base Price*
18.94%
Since Jun 1, 2021
National-US
Primary Model
Sold Jul 21, 2021
$288,225
$369,787 by Plaza Home Mortgage Inc
Mortgage Due Aug 01, 2051
Sold May 06, 2005
$63,000

About This Property

Auction Property. AUCTION --  A unique fixer upper will require your renovation ideas. Imagine all the possibilities with this spacious 5 bed, 3 full, and 2 half bath home with a separate dining room, living room with fireplace, a large kitchen. Home sits on  a large lot with an attached patio- in ground pool; and a 2 car attached garage. Home will need new roof, flooring, and major updates. Gather your custom design ideas and make an offer. CAUTION MOLD may be present.

The manager has listed the unit size as 3655 square feet.
Unit Size
3,655Ft²
Days on Market
-
Land Size
1.17 acres
Price per sqft
$66
Property Type
House
Property Taxes
$5,958
HOA Dues
-
Year Built
1975

Price History

Date / Event Date Event Price
Jul 21, 2021 Sold to Derek Lewis, Savita Persaud $288,225
Sold to Derek Lewis, Savita Persaud
May 18, 2021 No longer available -
No longer available
May 6, 2021 Listed $242,000
Listed
May 6, 2005 Sold to Anna Knight $63,000
Sold to Anna Knight
Feb 22, 2005 Sold to Joseph Bongiorno $310,000
Sold to Joseph Bongiorno

Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 17
  • Building Condition: Poor
  • Building Quality: B
  • Building Style: Modern
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Vinyl
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 600
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 50,965
  • Lot Size Depth Feet: 2,790
  • Lot Size Frontage Feet: 1,820
  • Total Building Area: 3,775
  • Gross Building Area: 5,665
  • Building Area: 3,762
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,762
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FORT KING FOREST 1ST ADD
  • Land Acres: 1.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 13 TWP 15 RGE 22 PLAT BOOK G PAGE 114 FORT KING FOREST 1ST ADD BLK C LOT 13

Ownership

  • Current Owner : LEWIS DEREK
  • Current Owner 2: PERSAUD SAVITA
  • Previous Owner : HSBC BANK USA
  • Owner Before Previous Owner: BONGIORNO JOSEPH
  • Ownership Rights Codes: Right of Survivorship

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 002203

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 213
  • Parcel: 2747-003-013
  • Block: C
  • Lot: 13
  • Meridian: SEC 13 TWN 15S RNG 22E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.1815
  • Longitude: -82.0686

    Address

  • Full Address: 501 Se 48th Ave
  • Address - House Number: 501
  • Street Direction: SE
  • Address - Street Name: 48th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Ocala
  • Carrier Code: C024
  • 4-Digit Zip Code: 3393
  • Zip Code: 34471

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,702
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.2228
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 602,610
  • High Value: 736,930
  • Low Value: 468,290

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $369,787
  • First Open Lien Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jul 21, 2021
  • First Open Lien Mortgage Loan Amount: $369,787
  • 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: Aug 01, 2051

    Market Valuation

  • Market Total Value: $509,982
  • Market Land Value: $102,830
  • Market Improvement Value: $407,152

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $509,982
  • Assessed Land Value: $102,830
  • Assessed Improvements Value: $407,152

    Sales

  • Current Sale Contract Date: Jun 03, 2021
  • Current Sale Recording Date: Jul 21, 2021
  • Current Sale Transaction ID: 11845274712
  • Current Sale Price: $288,225
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2021099106
  • Previous Sale Recording Date: May 06, 2005
  • Previous Sale Contract Date: May 02, 2005
  • Previous Sale Amount: $63,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: PLAZA HOME MORTGAGE INC
  • First Mortgage Transaction Date: Jul 21, 2021
  • First Mortgage Loan Amount: $369,787
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,831 ft²
$123/ft²
$225,000 Apr 21, 2023
$225,000 Aug 31, 2023
$62/mo
House
3 Beds
2 Baths
1,560 ft²
$172/ft²
$268,000 Jun 23, 2023
$268,000 Sep 8, 2023
$113/mo
House
3 Beds
2 Baths
1,524 ft²
$178/ft²
$272,000 Aug 9, 2023
$272,000 Sep 29, 2023
$293/mo
House
3 Beds
2 Baths
1,591 ft²
$173/ft²
$275,000 Jul 12, 2023
$275,000 Sep 11, 2023
$124/mo
House
3 Beds
2 Baths
1,512 ft²
$181/ft²
$273,750 Feb 24, 2023
$273,750 Aug 31, 2023
$55/mo
House
3 Beds
1 Bath
1,390 ft²
$145/ft²
$202,000 May 29, 2023
$202,000 Sep 8, 2023
$54/mo
House
3 Beds
2 Baths
1,610 ft²
$152/ft²
$245,000 Sep 8, 2023
-
$115/mo
House
3 Beds
2 Baths
1,705 ft²
$158/ft²
$270,000 Apr 14, 2023
-
$97/mo
House
3 Beds
2 Baths
1,477 ft²
$172/ft²
$254,000 Sep 6, 2023
-
$260/mo
House
3 Beds
2 Baths
1,525 ft²
$190/ft²
$289,900 Jul 8, 2023
-
$220/mo
House
3 Beds
22 Baths
1,431 ft²
$196/ft²
$279,900 Sep 21, 2023
-
$155/mo
House
3 Beds
2 Baths
1,568 ft²
$184/ft²
$289,000 Aug 25, 2023
-
$228/mo

About Marion


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Frequently Asked Questions

When was property at 501 Southeast 48th Avenue built and last sold?
The property at 501 Southeast 48th Avenue was built in 1975 and last sold on Jun 3, 2021 for $288,225.
How much is this home worth?
The estimated value of the home located at 501 Southeast 48th Avenue is $248,744.
What are some comparable homes to 501 Southeast 48th Avenue?
There are currently no comparable homes to 501 Southeast 48th Avenue.

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