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5537 Malachite Terrace

5537 Malachite Terrace, The Villages, FL 32163
Property in Wildwood
Sold Nov 29, 2023
$560,000
Sold Mar 10, 2021
$399,000
$319,200 by Academy Mortgage Corp
Mortgage Due Mar 01, 2051
5537 Malachite Terrace has been categorized by the local assessors in The Villages, FL as a residential type of property. The building on the property was first built in 2017 and is 7 years old. In addition, 5537 Malachite Terrace has 1,923 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,615 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 619 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with concrete block control joints. The exterior walls of the building are made of block. The property was last sold in Nov 22, 2023 for $560,000. That's $220.30 per sqft. Prior to that sales transaction, the property was also sold in Feb 9, 2021 for $399,000. 5537 Malachite Terrace was last assessed in 2023. The total value of the property was assessed at $407,450. Specifically, the land the property is located on was valued at $30,460. While improvements on the property were assessed at a total of $376,990. 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 $5,721. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Concrete block
  • Exterior Walls Type: Block
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 619
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,615
  • Total Building Area: 2,542
  • Gross Building Area: 2,834
  • Building Area: 1,923
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,923
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE OF FENNEY
  • Land Acres: 0.175
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 104 VILLAGE OF FENNEY UNIT 1 PB 16 PGS 10-10G

Ownership

  • Current Owner : JAMES JANET M
  • Previous Owner : COTTER CHARLES R
  • Previous Owner 2: COTTER WENDY A
  • Owner Before Previous Owner: VANHALA EMILY C
  • Owner Before Previous Owner 2: VANHALA VAN HALA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Sumter County School District
  • Census Tract: 910300

Geography

  • Parcel: G32A104
  • Lot: 104
  • Meridian: SEC 32 TWN 19S RNG 23E
  • Municipality: WILDWOOD
  • Latitude: 28.7989
  • Longitude: -82.035

    Address

  • Full Address: 5537 Malachite Ter
  • Address - House Number: 5537
  • Address - Street Name: Malachite
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: The Villages
  • Carrier Code: H109
  • 4-Digit Zip Code: 0161
  • Zip Code: 32163

Valuation

    Tax

  • Total Area: 2,448
  • Tax Year: 2023
  • Tax Amount: $5,721
  • Tax Rate Code Area: 2002

    Appraisal Valuation

  • Standard Deviation: 0.1482
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 541,917
  • High Value: 622,256
  • Low Value: 461,578

    Market Valuation

  • Market Total Value: $407,450
  • Market Land Value: $30,460
  • Market Improvement Value: $376,990

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $407,450
  • Assessed Land Value: $30,460
  • Assessed Improvements Value: $376,990

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 22, 2023
  • Current Sale Recording Date: Nov 29, 2023
  • Current Sale Transaction ID: 11917692533
  • Current Sale Price: $560,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 44762
  • Previous Sale Recording Date: Mar 10, 2021
  • Previous Sale Contract Date: Feb 09, 2021
  • Previous Sale Amount: $399,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: Mar 10, 2021
  • Previous Mortgage Loan Amount: $319,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2051

About Wildwood



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Frequently Asked Questions

What neighborhood is 5537 Malachite Terrace located in?
The 5537 Malachite Terrace is a located in the neighborhood of Wildwood in Wildwood, The Villages.
What is the average sales price for listings in 5537 Malachite Terrace?
The average sales price for units in 5537 Malachite Terrace is $0 currently.

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