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5577 Northeast 61st Avenue Road

5577 Northeast 61st Avenue Road, Silver Springs, FL 34488
Property in Ocala
Sold Jan 12, 2021
$330,000
$190,000 by Pennymac Loan Services Llc
Mortgage Due Feb 01, 2051
Sold Aug 26, 2014
$207,500
$203,741 by Hamilton Group Funding Inc
Mortgage Due Sep 01, 2044
5577 Northeast 61st Avenue Road has been categorized by the local assessors in Silver Springs, FL as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5577 Northeast 61st Avenue Road has 2,855 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 2,690 ft and across the front of the lot is 1,550 ft. The area measurement of the land has been determined as 41,818 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

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 437 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a enclosed pool on the property. Moving on to the building itself. The condition of the building has been evaluated as fair. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a gable style roof made of fiberglass. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 5577 Northeast 61st Avenue Road sold most recently in Jan 8, 2021 for a total of $330,000. If you work out the math, that's approximately a cost of $100.24 per sqft. Before that, the property was also sold for $207,500 in Jul 30, 2014. 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 $5,928 in taxes each year. 5577 Northeast 61st Avenue Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $344,533. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Concrete Exterior
Stucco Exterior

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • Building Condition: Fair
  • Building Quality: B
  • Building Style: Modern
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 437
  • Parking Space Count: 2
  • Pool Type: Enclosed pool

    Dimensions

  • Lot Size Square Feet: 41,818
  • Lot Size Depth Feet: 2,690
  • Lot Size Frontage Feet: 1,550
  • Total Building Area: 3,292
  • Gross Building Area: 4,265
  • Building Area: 2,855
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,855
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: MEADOWS
  • Land Acres: 0.96
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 30 TWP 14 RGE 23 PLAT BOOK 2 PAGES 83.84 SILVER MEADOWS CENTRAL BLK B LOT 32

Ownership

  • Current Owner : BENGER MATTHEW S
  • Current Owner 2: BENGER KRISTINE A
  • Previous Owner : HOPKIN ANDREW A
  • Previous Owner 2: HOPKIN LORI L
  • Owner Before Previous Owner: THE BANK OF NEW YORK MELLON
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001302

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 230
  • Parcel: 1612-002-032
  • Block: B
  • Lot: 32
  • Meridian: SEC 30 TWN 14S RNG 23E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.2447
  • Longitude: -82.0507

    Address

  • Full Address: 5577 Ne 61st Avenue Rd
  • Address - House Number: 5577
  • Street Direction: NE
  • Address - Street Name: 61st Avenue
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Silver Springs
  • Carrier Code: R005
  • 4-Digit Zip Code: 1243
  • Zip Code: 34488

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,928
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.2117
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 471,298
  • High Value: 571,092
  • Low Value: 371,503

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $190,000
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Jan 12, 2021
  • First Open Lien Mortgage Loan Amount: $190,000
  • 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: Feb 01, 2051

    Market Valuation

  • Market Total Value: $393,459
  • Market Land Value: $48,000
  • Market Improvement Value: $345,459

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $344,533

    Sales

  • Current Sale Contract Date: Jan 08, 2021
  • Current Sale Recording Date: Jan 12, 2021
  • Current Sale Transaction ID: 11813795231
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021004202
  • Previous Sale Recording Date: Aug 26, 2014
  • Previous Sale Contract Date: Jul 30, 2014
  • Previous Sale Amount: $207,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Mortgage Transaction Date: Jan 12, 2021
  • First Mortgage Loan Amount: $190,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HAMILTON GROUP FUNDING INC
  • Previous Mortgage Transaction Date: Aug 26, 2014
  • Previous Mortgage Loan Amount: $203,741
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2044

About Marion



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Frequently Asked Questions

What neighborhood is 5577 Northeast 61st Avenue Road located in?
The 5577 Northeast 61st Avenue Road is a located in the neighborhood of Ocala in Marion, Silver Springs.
What is the average sales price for listings in 5577 Northeast 61st Avenue Road?
The average sales price for units in 5577 Northeast 61st Avenue Road is $0 currently.

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