25 days on rocket

551 NE 61st Ter, Ocala, FL, 34470

$575,000

Home List Price

$6,828*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
1,977 SqFt
$291/SqFt
House
Schools Nearby

Location

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551 NE 61st Ter, Ocala$575,000

Buyer Closing Credits

$6,828*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year Built2002
HeatingCentral, Heat Pump
CoolingCentral Air
Private PoolYes
MLS #OM677986
Lot Size1.01 Acres
StatusActive

About 551 NE 61st Ter

Immerse yourself in elegance with this meticulously updated residence, boasting a screened in-ground pool perfect for Florida summers. Set on an acre adorned with attractive landscaping and privacy-enhancing bamboo along the new fence enclosure. This home features a number of brand new improvements, including a new roof, new wood flooring throughout, and beautifully renovated bathrooms. The gourmet kitchen has an attached eat-in space. The expansive three-car garage and large backyard complete this exquisite property, making it an ideal sanctuary for discerning homeowners. Additional improvements include a new well tank, bolstered insulation for energy efficiency and other features enhancing this home's luxury and sustainability. The home is located in a peaceful neighborhood minutes from all shopping and surrounded by Silver Springs State Park, Silver Springs Conservation Area and the expansive the Baseline Nature Park and Trails and is close to the Ocala National Forest for endless outdoor fun and exercise. Don’t miss out on this exquisite home.

Property Details

Property Features

Property Information:

  • Year Built: 2002
  • Stories: 1
  • Living Area: 1,977 SqFt

Listing Office:

  • Office Name: REMAX/PREMIER REALTY
  • Office Phone: (352) 732-3222
  • Listing Agent: Raymond Mears

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
  • Flooring Type: Tile, Wood
  • Interior: Ceiling Fans(s), High Ceilings, Thermostat

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Other

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 551 NE 61st Ter

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 1.01 Acres

Utilities

Utilities Information:

  • Heating: Central, Heat Pump
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Vanguard High School, Public Magnet Grades 9-12
  • Fort King Middle School, Public District Grades 6-8
  • Ward-Highlands Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Going north on Se 58th Ave, make a right onto SE Highway 314. Continue straight and make a right onto NE 61st Terr. It will be the third house on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $575,000
  • Price Per SqFt: $291/SqFt

HOA Fees:

  • Amount: $210
  • Frequency: Annually

Tax Information:

  • Annual Amount: $2,934
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ocala, FL.

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Ocala, FL

City

Med. Sold Price

$279.8K

Med. Price/SqFt

$173

Avg. Days On Market

61

# of Sold Homes

587

551 NE 61st Ter vs Ocala

25 DAYS ON ROCKET

-36 Days

$575,000

+$295.1K More

$291/SqFt

+$118 More

KEY TAKEAWAY

This property is $295.1K more than the Median Sold Price and $118/SqFt more than other homes in Ocala, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #OM677986

Listing Office:

  • Office Name: REMAX/PREMIER REALTY
  • Office Phone: (352) 732-3222
  • Listing Agent: Raymond Mears

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/31/2024, 11:19:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 21, 2018Home Sold
$224,900
Jan 04, 2017Home Sold
$132,100
Jul 20, 2000Home Sold
$25,900
Jul 20, 2000Home Sold
$21,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,934$198,906
2018$3,184$180,024
2017$685$25,622

History based on county public records data.

Payment Calculator

$2,954

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,790

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-5881748
6
/10

  • Ward-Highlands Elementary School

  • 537 SE 36th Ave

  • 2.33 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5881749
3
/10

  • Fort King Middle School

  • 545 NE 17th Ave

  • 4.00 miles

  • Public District Grades 6-8

High School

school-card-donut-5881750
3
/10

  • Vanguard High School

  • 7 NW 28th St

  • 5.64 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $40,000. Most Ocala, FL residents have annual incomes between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 551 NE 61st Ter

What is the listing price of this property?

The listing price of 551 NE 61st Ter property is $575,000.

What type of property is this?

The property 551 NE 61st Ter is a house located in Ocala, Florida, 34470.

Is this property for sale now?

Active Listing: 551 NE 61st Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 551 NE 61st Ter are:
Ward-Highlands Elementary School: GreatSchools Rating 6/10
Fort King Middle School: GreatSchools Rating 3/10
Vanguard High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,934 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 21, 2018 for $224,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 551 NE 61st Ter has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 551 NE 61st Ter is 1,977 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 551 NE 61st Ter is 2002.

Rocket Homes›Florida›Marion County›Ocala›34470›551 NE 61st Ter

This home is located at 551 NE 61st Ter in Ocala, FL and zip code 34470 in the Green Ridge Acres neighborhood. This 1,977 square foot home, which was built in 2002, sits on a 1.01 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 06, 2024 and is currently priced at $575,000.

In April 2024 more than 78 listings in Ocala, FL were sold above the asking price. During the same period more than 198 listings were sold at asking price, while more than 311 were sold below. Between March 2024 and April 2024, Ocala, FL real estate market has seen decrease in the number of listings by 2.3%. While the average time on the market in April 2024 was 61 days, the median list price was $279,822.

From Rocket Homes Real Estate and based on county public records data.

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