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8680 Southwest 62nd Terrace

8680 Southwest 62nd Terrace, Ocala, FL 34476
House in Belleview
Sold Dec 31, 2020
$165,000
$168,795 by Mortgage Research Center Llc
Mortgage Due Jan 01, 2051
Sold Oct 01, 2016
$100
Local assessors in Ocala, FL have categorized 8680 Southwest 62nd Terrace as a residential type of property. The home was built in 1992 and is 32 years old. The property's lot size has been calculated to be 10,019 square feet. The linear feet between the front and back of the lot was measured at 1,330 ft and the front of the lot was measured at 760 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, 2 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 8680 Southwest 62nd Terrace has a total of 1,933 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 455 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. 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 - D. The building has a hip style roof that was made of fiberglass. Lots of alum/vinyl siding 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 heat pump is the primary heating source and it is being fueled with electricity. 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, 8680 Southwest 62nd Terrace was last sold in Dec 30, 2020 for $165,000. According to our calculations, that's $69.10 per sqft. Prior to that sales transaction, the property was sold for $100 in Oct 1, 2016. Current property owners are expected to pay $2,162 in taxes per year. The property on 8680 Southwest 62nd Terrace was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $157,814. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 2
  • 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: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 455
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,330
  • Lot Size Frontage Feet: 760
  • Total Building Area: 2,388
  • Gross Building Area: 2,720
  • Building Area: 1,933
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,933
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARION LANDING PHASE 1
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 17 TWP 16 RGE 21 PLAT BOOK Y PAGE 010 MARION LANDING PHASE 1 BLK I LOT 13

Ownership

  • Current Owner : CIAMPAGLIA MICHAEL
  • Current Owner 2: CIAMPAGLIA BARBARA C
  • Previous Owner : SMITH JANET E
  • Previous Owner 2: SMITH HOWARD
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001010

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: MAP 131
  • Parcel: 35634-009-13
  • Block: I
  • Lot: 13
  • Meridian: SEC 17 TWN 16S RNG 21E
  • Municipality: COUNTY - SWFWMD-WR
  • Latitude: 29.0966
  • Longitude: -82.223

    Address

  • Full Address: 8680 Sw 62nd Ter
  • Address - House Number: 8680
  • Street Direction: SW
  • Address - Street Name: 62nd
  • Address - Suffix Type: Ter
  • State: FL
  • City Name: Ocala
  • Carrier Code: R037
  • 4-Digit Zip Code: 6003
  • Zip Code: 34476

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,162
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 272,458
  • High Value: 338,232
  • Low Value: 206,685

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,795
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Dec 31, 2020
  • First Open Lien Mortgage Loan Amount: $168,795
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $247,722
  • Market Land Value: $26,500
  • Market Improvement Value: $221,222

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $157,814

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 30, 2020
  • Current Sale Recording Date: Dec 31, 2020
  • Current Sale Transaction ID: 11811298287
  • Current Sale Price: $165,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020142450
  • Previous Sale Recording Date: Oct 01, 2016
  • Previous Sale Contract Date: Oct 01, 2016
  • Previous Sale Amount: $100
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Dec 31, 2020
  • First Mortgage Loan Amount: $168,795
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2051

About Marion



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Frequently Asked Questions

What neighborhood is 8680 Southwest 62nd Terrace located in?
The 8680 Southwest 62nd Terrace is a house located in the neighborhood of Belleview in Marion, Ocala.
What is the average sales price for listings in 8680 Southwest 62nd Terrace?
The average sales price for units in 8680 Southwest 62nd Terrace is $169,900 , or $88/sqft. currently.

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