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626 Southeast 45th Terrace

626 Southeast 45th Terrace, Ocala, FL 34471
Property in Ocala
Sold Nov 06, 2013
$199,900
$196,278 by Alarion Bank
Mortgage Due Nov 01, 2043
Sold May 10, 2013
$194,000
Local assessors in Ocala, FL have categorized 626 Southeast 45th Terrace as a residential type of property. The home was built in 1981 and is 43 years old. The property's lot size has been calculated to be 20,473 square feet. The linear feet between the front and back of the lot was measured at 1,360 ft and the front of the lot was measured at 1,490 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, 4 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 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 626 Southeast 45th Terrace has a total of 2,071 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. 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 637 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - B. The building has a hip style roof that was made of fiberglass. Lots of brick 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 forced air unit is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 626 Southeast 45th Terrace was last sold in Oct 31, 2013 for $199,900. According to our calculations, that's $73.82 per sqft. Prior to that sales transaction, the property was sold for $194,000 in May 6, 2013. Current property owners are expected to pay $2,580 in taxes per year. The property on 626 Southeast 45th Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $167,271. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Poor
  • Building Quality: B
  • Building Style: Modern
  • Exterior Walls Type: Brick
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 637
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 20,473
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 1,490
  • Total Building Area: 2,708
  • Gross Building Area: 3,030
  • Building Area: 2,071
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 2,071
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONEWOOD ESTATE
  • Land Acres: 0.47
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 14 TWP 15 RGE 22 PLAT BOOK S PAGE 023 STONEWOOD ESTATES BLK F LOT 10

Ownership

  • Current Owner : JOHNSON MICHAEL KYLE
  • Current Owner 2: JOHNSON SAMANTHA CAMILLE
  • Previous Owner : WACHTER SUSAN R
  • Owner Before Previous Owner: BROAD MICHAEL
  • Owner Before Previous Owner 2: BROAD SANDRA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 002202

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 213
  • Parcel: 2779-006-010
  • Block: F
  • Lot: 10
  • Meridian: SEC 14 TWN 15S RNG 22E
  • Municipality: OCALA
  • Latitude: 29.181
  • Longitude: -82.0736

    Address

  • Full Address: 626 Se 45th Ter
  • Address - House Number: 626
  • Street Direction: SE
  • Address - Street Name: 45th
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Ocala
  • Carrier Code: C024
  • 4-Digit Zip Code: 3219
  • Zip Code: 34471

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,580
  • Tax Rate Code Area: 1001

    Appraisal Valuation

  • Standard Deviation: 0.2305
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 68
  • Final Value: 391,559
  • High Value: 481,839
  • Low Value: 301,279

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,278
  • First Open Lien Mortgage Lender: ALARION BANK
  • First Open Lien Mortgage Recording Date: Nov 06, 2013
  • First Open Lien Mortgage Loan Amount: $196,278
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2043

    Market Valuation

  • Market Total Value: $290,162
  • Market Land Value: $57,812
  • Market Improvement Value: $232,350

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $167,271

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 31, 2013
  • Current Sale Recording Date: Nov 06, 2013
  • Current Sale Transaction ID: 1106131229
  • Current Sale Price: $199,900
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013114221
  • Previous Sale Recording Date: May 10, 2013
  • Previous Sale Contract Date: May 06, 2013
  • Previous Sale Amount: $194,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALARION BANK
  • First Mortgage Transaction Date: Nov 06, 2013
  • First Mortgage Loan Amount: $196,278
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Nov 01, 2043

About Ocala



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Frequently Asked Questions

What neighborhood is 626 Southeast 45th Terrace located in?
The 626 Southeast 45th Terrace is a located in the neighborhood of Ocala in Ocala, Ocala.
What is the average sales price for listings in 626 Southeast 45th Terrace?
The average sales price for units in 626 Southeast 45th Terrace is $0 currently.

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