by RH Advisors

See Home Value
Marion
8474 SW 61st Terrace ROAD
$220,000
House - Off Market

8474 SW 61st Terrace ROAD

OCALA, FL 34476
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1631 Sqft
$223,597
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Welcome to your dream retirement oasis in the heart of Ocala's vibrant 55+ community! This charming 2-bedroom, 2-bathroom home offers  convenient living with an expansive bonus room that's ready to be transformed into your ideal entertainment area, home office, or craft haven. Boasting a spacious 2-car garage, this property ensures your vehicles and hobbies find a secure and accommodating space.

Step inside and be greeted by the huge living area, newer appliances ensure your culinary adventures are met with top-notch functionality. The roof and air conditioning unit were both replaced in 2017, providing peace of mind and energy efficiency for years to come.

A concrete sidewalk gracefully runs around the side of the house, adding to the aesthetics and practicality of the residence.

Indulge in the Florida sunshine from the comfort of your covered and screened lanai – a perfect spot to savor morning coffee or evening sunsets. Ceiling fans throughout the home maintain a pleasant breeze, making every room a cool haven on warm days.

Living in this 55+ community provides access to a host of amenities tailored to active lifestyles, including recreation facilities, fitness centers, and social gatherings. Convenience is key, as this home is ideally situated for effortless access to shopping, restaurants, and all the attractions that Ocala has to offer.

Don't miss this opportunity to secure a slice of paradise that harmonizes modern living with retirement tranquility. Schedule a showing today and discover how this property can elevate your golden years in style.
Unit Size
1,631Ft²
Days on Market
30 days
Land Size
0.17 acres
Price per sqft
$138
Property Type
House
Property Taxes
$25
HOA Dues
$145
Year Built
1997
Last updated: 6 days ago (Stellar MLS #G5072253)

Price History

Date / Event Date Event Price
Sep 21, 2023 Sold to Allison C Hoyt $55,000
Sold to Allison C Hoyt
Sep 20, 2023 No longer available -
No longer available
Aug 18, 2023 In contract -
In contract
Aug 16, 2023 Listed by EXP REALTY LLC $225,000
Listed by EXP REALTY LLC
Jan 8, 2000 Sold to Marlene Sparkman, Ralph Spa... $95,000
Sold to Marlene Sparkman, Ralph Spa...

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 452
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 760
  • Total Building Area: 2,083
  • Gross Building Area: 2,595
  • Building Area: 1,631
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,631
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: MARION LANDING
  • Land Acres: 0.17
  • Legal Description 1: SEC 17 TWP 16 RGE 21 PLAT BOOK 003 PAGE 053 MARION LANDING UNIT 3 BLK M LOT 23

Ownership

  • Current Owner : HOYT ALLISON C
  • Previous Owner : DROBENA KIMBERLY
  • Previous Owner 2: SPARKMAN MARLENE
  • Owner Before Previous Owner: BAWELKLEWICZ KELLY
  • Is Owner Occupied: unknown
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: MAP 131
  • Parcel: 35634-313-23
  • Block: M
  • Lot: 23
  • Meridian: SEC 17 TWN 16S RNG 21E
  • Municipality: COUNTY - SWFWMD-WR
  • Latitude: 29.1005
  • Longitude: -82.2206

    Address

  • Full Address: 8474 Sw 61st Terrace Rd
  • Address - House Number: 8474
  • Street Direction: SW
  • Address - Street Name: 61st Terrace
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Ocala
  • Carrier Code: R037
  • 4-Digit Zip Code: 9072
  • Zip Code: 34476

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,540
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.2228
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 263,439
  • High Value: 322,158
  • Low Value: 204,719

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $165,000
  • First Open Lien Mortgage Lender: FBC MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Sep 21, 2023
  • First Open Lien Mortgage Loan Amount: $165,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2053

    Market Valuation

  • Market Total Value: $205,419
  • Market Land Value: $26,500
  • Market Improvement Value: $178,919

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $205,419
  • Assessed Land Value: $26,500
  • Assessed Improvements Value: $178,919

    Sales

  • Current Sale Contract Date: Sep 15, 2023
  • Current Sale Recording Date: Sep 21, 2023
  • Current Sale Transaction ID: 11913740831
  • Current Sale Price: $110,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 121738
  • Previous Sale Recording Date: Sep 21, 2023
  • Previous Sale Contract Date: Sep 14, 2023
  • Previous Sale Amount: $55,000
  • Previous Sale Document Type: unknown

    Last Sale Mortgage

  • First Mortgage Lender: FBC MORTGAGE, LLC
  • First Mortgage Transaction Date: Sep 21, 2023
  • First Mortgage Loan Amount: $165,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown
  • First Mortgage Loan Due Date: Oct 01, 2053



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,749 ft²
$126/ft²
$220,000 Feb 6, 2023
$220,000 Jun 23, 2023
$420/mo
House
3 Beds
2 Baths
1,639 ft²
$134/ft²
$219,500 Oct 28, 2023
$219,500 Feb 21, 2024
$231/mo
House
3 Beds
2 Baths
1,770 ft²
$147/ft²
$260,000 Jun 27, 2023
$260,000 Sep 15, 2023
$370/mo
House
3 Beds
2 Baths
1,879 ft²
$137/ft²
$258,000 Jan 18, 2024
$258,000 Feb 13, 2024
$253/mo
House
3 Beds
2 Baths
1,789 ft²
$134/ft²
$240,000 Mar 29, 2023
$240,000 Jun 1, 2023
$234/mo
House
3 Beds
2 Baths
1,597 ft²
$158/ft²
$253,000 Apr 17, 2023
$253,000 Jul 13, 2023
$296/mo
House
3 Beds
2 Baths
1,935 ft²
$121/ft²
$235,000 Apr 22, 2024
-
$282/mo
House
3 Beds
2 Baths
1,565 ft²
$134/ft²
$210,000 Dec 19, 2023
-
$439/mo
House
3 Beds
2 Baths
1,523 ft²
$177/ft²
$270,000 Jan 20, 2024
-
$333/mo
House
3 Beds
2 Baths
1,729 ft²
$124/ft²
$214,900 Mar 18, 2024
-
$256/mo
House
3 Beds
2 Baths
1,982 ft²
$131/ft²
$259,900 Apr 21, 2024
-
$413/mo
House
3 Beds
2 Baths
1,523 ft²
$177/ft²
$270,000 Feb 23, 2024
-
-

About Marion


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Frequently Asked Questions

When was property at 8474 Southwest 61st Terrace Road built and last sold?
The property at 8474 Southwest 61st Terrace Road was built in 1997 and last sold on Sep 15, 2023 for $110,000.
How much is this home worth?
The estimated value of the home located at 8474 Southwest 61st Terrace Road is $218,138.
What are some comparable homes to 8474 Southwest 61st Terrace Road?
There are currently no comparable homes to 8474 Southwest 61st Terrace Road.

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