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5818 Northwest 3rd Place

5818 Northwest 3rd Place, Ocala, FL 34482
Property in Ocala
Sold Jan 24, 2023
$180,000
$174,600 by American Pacific Mortgage Corp
Mortgage Due Feb 01, 2053
Sold Jul 08, 2022
$160,000
$128,000 by Yes Home Loans Inc
Mortgage Due Aug 01, 2052
5818 Northwest 3rd Place in Ocala, FL was first built in 1994 and is 30 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a modern style. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 5818 Northwest 3rd Place has 1,052 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 750 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 7,405 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of fiberglass. Water for the property is sourced from a well system. The property is not connected to a municipal sewage system. Instead, it is connected to a septic system which you will need to handle on your own. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as poor. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. 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, 5818 Northwest 3rd Place sold most recently in Jan 20, 2023 for a total of $180,000. If you work out the math, that's approximately a cost of $171.10 per sqft. Before that, the property was also sold for $160,000 in Jul 1, 2022. 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 $2,664 in taxes each year. 5818 Northwest 3rd Place was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $149,837. If we break it down further, the land itself was valued at $8,700. Improvements to the property, however, were assessed at a total of $141,137. The property's total market value has been marked the same as the total assessed value which is pretty typical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Poor
  • Building Quality: D
  • 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
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,052
  • Gross Building Area: 1,052
  • Building Area: 1,052
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,052
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: OCALA RIDGE
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 16 TWP 15 RGE 21 PLAT BOOK G PAGE 038 OCALA RIDGE UNIT 3 BLK H LOTS 52.53.54

Ownership

  • Current Owner : VALLE JOSE RODRIGUEZ
  • Current Owner 2: RUIZ ZULEISHA SERRANO
  • Previous Owner : ISAAC MICHELLE
  • Owner Before Previous Owner: SPECIALIZED IRA SERVICES
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 002504

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: MAP 146
  • Parcel: 2303-008-052
  • Block: H
  • Lot: 52
  • Meridian: SEC 16 TWN 15S RNG 21E
  • Municipality: COUNTY - SWFWMD-WR
  • Latitude: 29.19
  • Longitude: -82.2157

    Address

  • Full Address: 5818 Nw 3rd Pl
  • Address - House Number: 5818
  • Street Direction: NW
  • Address - Street Name: 3rd
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Ocala
  • Carrier Code: R098
  • 4-Digit Zip Code: 7539
  • Zip Code: 34482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,664
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.478
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 4
  • Final Value: 120,062
  • High Value: 177,458
  • Low Value: 62,665

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $184,600
  • First Open Lien Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 24, 2023
  • First Open Lien Mortgage Loan Amount: $174,600
  • 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, 2053
  • Second Open Lien Mortgage Lender: FLORIDA HOUSING FINANCE CORP
  • Second Open Lien Mortgage Recording Date: Jan 24, 2023
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Feb 01, 2053

    Market Valuation

  • Market Total Value: $149,837
  • Market Land Value: $8,700
  • Market Improvement Value: $141,137

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $149,837
  • Assessed Land Value: $8,700
  • Assessed Improvements Value: $141,137

    Sales

  • Current Sale Contract Date: Jan 20, 2023
  • Current Sale Recording Date: Jan 24, 2023
  • Current Sale Transaction ID: 11901936839
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8615
  • Previous Sale Recording Date: Jul 08, 2022
  • Previous Sale Contract Date: Jul 01, 2022
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN PACIFIC MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 24, 2023
  • First Mortgage Loan Amount: $174,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2053
  • Second Mortgage Lender: FLORIDA HOUSING FINANCE CORP
  • Second Mortgage Transaction Date: Jan 24, 2023
  • Second Mortgage Loan Amount: $10,000
  • Second Mortgage Loan Due Date: Feb 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: YES HOME LOANS INC
  • Previous Mortgage Transaction Date: Jul 08, 2022
  • Previous Mortgage Loan Amount: $128,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2052

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Frequently Asked Questions

What neighborhood is 5818 Northwest 3rd Place located in?
The 5818 Northwest 3rd Place is a located in the neighborhood of Ocala in Marion, Ocala.
What is the average sales price for listings in 5818 Northwest 3rd Place?
The average sales price for units in 5818 Northwest 3rd Place is $0 currently.

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