by RH Advisors

See Home Value
Ocala 34470
550 NE 21st TERRACE
$228,500
House - Off Market

550 NE 21st TERRACE

OCALA, FL 34470
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1638 Sqft
$1,290
Estimated Monthly
10.76%
Cap Rate

About This Property

Welcome to this super cute home, perfect for first-time homebuyers or downsizers! This charming property boasts tons of potential with its hardwood floors and versatile layout. Featuring 4 bedrooms, including one that could serve for an in-law or college student, with an entrance through the one car garage. The utility room is also separated from garage with heat/air from the main unit.  This home offers plenty of space! Enjoy the comfort of a family room PLUS den, providing ample space for everyone. Outside, you will find a large shed (2021) with electric for storage or the hobbyist with an additional smaller shed that could serve for the lawn equipment. The entire backyard is fenced for your furry friends.  This is the only home on the street with FIBER internet connection!  The location and convenience can't be beat - close to shopping/restaurants/ banks - and at the end of a cul-de-sac.   2021 ROOF, 2021 HVAC, and a gas TANKLESS hot water heater!!
Unit Size
1,638Ft²
Days on Market
49 days
Land Size
0.25 acres
Price per sqft
$151
Property Type
House
Property Taxes
$72
HOA Dues
-
Year Built
1966
Last updated: 2 months ago (Stellar MLS #OM674255)

Price History

Date / Event Date Event Price
Apr 25, 2024 Sold $228,500
Sold
Mar 25, 2024 In contract -
In contract
Mar 7, 2024 Listed by Roberts Real Estate, Inc. $248,000
Listed by Roberts Real Estate, Inc.
Welcome to this super cute home, perfect for first-time homebuyers or downsizers! This charming property boasts tons of potential with its hardwood floors and versatile layout. Featuring 4 bedrooms, including one that could serve for an in-law or college student, with an entrance through the one car garage. The utility room is also separated from garage with heat/air from the main unit. This home offers plenty of space! Enjoy the comfort of a family room PLUS den, providing ample space for…
Sep 11, 2023 Sold to Daryl Lynette Bush $100
Sold to Daryl Lynette Bush
Apr 23, 2010 Sold to Daryl L Bush, Michael E Bush $95,000
Sold to Daryl L Bush, Michael E Bush
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Poor
  • Building Quality: D
  • Building Style: Modern
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 364
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 1,742
  • Gross Building Area: 2,342
  • Building Area: 1,378
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,378
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 16 TWP 15 RGE 22 COM 1855.2 FT W OF SE COR FRAC N 0-05 E 1018 FT FOR POB N 0-05 E 105 FT N 89-51 W 105 FT TH S 0-05 W 105 FT S 89-51 E 105 FT TO POB L-21 AND PERPETUAL ROW ESMNT AS A PRIVATE RD OR DRIVEWAY FOR INGRESS & EGRESS DESC AS FOLLOWS: BE

Ownership

  • Current Owner : BUSH MICHAEL E
  • Current Owner 2: BUSH DARYL L
  • Previous Owner : CLARK JASON ANDREW
  • Previous Owner 2: CLARK REBECCA SUE
  • Owner Before Previous Owner: FULFORD TILLMAN L
  • Owner Before Previous Owner 2: FULFORD TAUNA B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 002002

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 196
  • Parcel: 28227-000-00
  • Meridian: SEC 16 TWN 15S RNG 22E
  • Municipality: OCALA
  • Latitude: 29.1926
  • Longitude: -82.1093

    Address

  • Full Address: 550 Ne 21st Ter
  • Address - House Number: 550
  • Street Direction: NE
  • Address - Street Name: 21st
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Ocala
  • Carrier Code: C023
  • 4-Digit Zip Code: 6208
  • Zip Code: 34470

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $894
  • Tax Rate Code Area: 1001

    Appraisal Valuation

  • Standard Deviation: 0.2438
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 65
  • Final Value: 210,768
  • High Value: 261,908
  • Low Value: 159,627

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $117,000
  • First Open Lien Mortgage Lender: TRUIST BANK
  • First Open Lien Mortgage Recording Date: Sep 11, 2023
  • First Open Lien Mortgage Loan Amount: $117,000
  • 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, 2053

    Market Valuation

  • Market Total Value: $160,019
  • Market Land Value: $43,391
  • Market Improvement Value: $116,628

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $72,183

    Sales

  • Current Sale Contract Date: Apr 21, 2010
  • Current Sale Recording Date: Apr 23, 2010
  • Current Sale Transaction ID: 1057987642
  • Current Sale Price: $95,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2010036570
  • Previous Sale Recording Date: Apr 21, 2005
  • Previous Sale Contract Date: Apr 20, 2005
  • Previous Sale Amount: $87,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SUNTRUST MORTGAGE INC
  • First Mortgage Transaction Date: Apr 23, 2010
  • First Mortgage Loan Amount: $91,829
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2040

    Previous Mortgages

  • Previous Mortgage Lender: CAMPUS USA CU
  • Previous Mortgage Transaction Date: Apr 21, 2005
  • Previous Mortgage Loan Amount: $78,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: May 01, 2035



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
2,128 ft²
$131/ft²
$279,000 Oct 31, 2023
$279,000 Apr 25, 2024
$277/mo
House
3 Beds
2 Baths
1,656 ft²
$173/ft²
$286,000 Jun 28, 2023
$286,000 Jul 31, 2023
$132/mo
House
3 Beds
2 Baths
1,520 ft²
$118/ft²
$180,000 Sep 2, 2023
$180,000 Oct 10, 2023
$69/mo
House
3 Beds
2 Baths
1,656 ft²
$144/ft²
$239,000 Nov 9, 2023
$239,000 Jan 19, 2024
$89/mo
House
3 Beds
2 Baths
1,534 ft²
$147/ft²
$226,000 Aug 15, 2023
$226,000 Nov 30, 2023
$75/mo
House
3 Beds
2 Baths
1,637 ft²
$136/ft²
$223,000 May 31, 2023
$223,000 Jul 3, 2023
$174/mo
House
4 Beds
2 Baths
1,628 ft²
$159/ft²
$258,750 Jan 24, 2024
-
$111/mo
House
4 Beds
2 Baths
1,550 ft²
$157/ft²
$244,000 Jan 26, 2024
-
$149/mo
House
3 Beds
2 Baths
1,503 ft²
$183/ft²
$275,000 Jan 19, 2024
-
$302/mo
Townhouse
4 Beds
3 Baths
1,728 ft²
$133/ft²
$229,000 Feb 5, 2024
-
$399/mo
House
3 Beds
2 Baths
1,688 ft²
$148/ft²
$249,900 Apr 20, 2024
-
$230/mo
House
3 Beds
2 Baths
2,073 ft²
$138/ft²
$287,000 Jan 18, 2024
-
$270/mo

About Ocala


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Frequently Asked Questions

When was property at 550 Northeast 21st Terrace built and last sold?
The property at 550 Northeast 21st Terrace was built in 1966 and last sold on Apr 21, 2010 for $95,000.
How much is this home worth?
The estimated value of the home located at 550 Northeast 21st Terrace is $253,080.
What are some comparable homes to 550 Northeast 21st Terrace?
Homes that are comparable to 550 Northeast 21st Terrace include a house property at 1922 Northeast 6th Street, 819 Northeast 14th Avenue, 1706 Northeast 4th Street.

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