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505 Southeast 61st Court

505 Southeast 61st Court, Ocala, FL 34472
House in Ocala
Sold Apr 17, 2019
$249,000
$174,300 by American Financial Network Inc
Mortgage Due May 01, 2049
Sold Oct 09, 2017
$230,000
$218,500 by Ameris Bank
Mortgage Due Oct 01, 2047
Local assessors in Ocala, FL have categorized 505 Southeast 61st Court as a residential type of property. The home was built in 1984 and is 40 years old. The property's lot size has been calculated to be 13,504 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 1,000 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 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 505 Southeast 61st Court has a total of 2,554 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. 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 529 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 materials we are unsure of 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 505 Southeast 61st Court sold most recently in Apr 16, 2019 for a total of $249,000. If you work out the math, that's approximately a cost of $133.94 per sqft. Before that, the property was also sold for $230,000 in Oct 2, 2017. 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 $4,345 in taxes each year. 505 Southeast 61st Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $296,697. If we break it down further, the land itself was valued at $32,900. Improvements to the property, however, were assessed at a total of $263,797. The property's total market value has been marked the same as the total assessed value which is pretty typical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Poor
  • Building Quality: C
  • Building Style: Modern
  • Exterior Walls Type: Other
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 529
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,504
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,859
  • Gross Building Area: 3,557
  • Building Area: 2,554
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,554
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PEPPERTREE VILLAGE
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 18 TWP 15 RGE 23 PLAT BOOK V PAGE 066 PEPPERTREE VILLAGE BLK D LOT 2

Ownership

  • Current Owner : RAULS MICHAEL B
  • Current Owner 2: RAULS AMY
  • Previous Owner : LUCAS JAMES BRADFORD
  • Previous Owner 2: LUCAS JULIA ROSE
  • Owner Before Previous Owner: HEALY EMMETT
  • Owner Before Previous Owner 2: HEALY TASHA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001205

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: MAP 232
  • Parcel: 31856-004-02
  • Block: D
  • Lot: 2
  • Meridian: SEC 18 TWN 15S RNG 23E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.1817
  • Longitude: -82.049

    Address

  • Full Address: 505 Se 61st Ct
  • Address - House Number: 505
  • Street Direction: SE
  • Address - Street Name: 61st
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Ocala
  • Carrier Code: R066
  • 4-Digit Zip Code: 3333
  • Zip Code: 34472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,345
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.2352
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 67
  • Final Value: 371,690
  • High Value: 459,122
  • Low Value: 284,258

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $174,300
  • First Open Lien Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Open Lien Mortgage Recording Date: Apr 17, 2019
  • First Open Lien Mortgage Loan Amount: $174,300
  • 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: May 01, 2049

    Market Valuation

  • Market Total Value: $296,697
  • Market Land Value: $32,900
  • Market Improvement Value: $263,797

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $296,697
  • Assessed Land Value: $32,900
  • Assessed Improvements Value: $263,797

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 16, 2019
  • Current Sale Recording Date: Apr 17, 2019
  • Current Sale Transaction ID: 11601661646
  • Current Sale Price: $249,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019038539
  • Previous Sale Recording Date: Oct 09, 2017
  • Previous Sale Contract Date: Oct 02, 2017
  • Previous Sale Amount: $230,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN FINANCIAL NETWORK INC
  • First Mortgage Transaction Date: Apr 17, 2019
  • First Mortgage Loan Amount: $174,300
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: AMERIS BANK
  • Previous Mortgage Transaction Date: Oct 09, 2017
  • Previous Mortgage Loan Amount: $218,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2047

About Marion



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Frequently Asked Questions

What neighborhood is 505 Southeast 61st Court located in?
The 505 Southeast 61st Court is a house located in the neighborhood of Ocala in Marion, Ocala.
What is the average sales price for listings in 505 Southeast 61st Court?
The average sales price for units in 505 Southeast 61st Court is $269,900 , or $106/sqft. currently.

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