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$280,000 Just Listed
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Property Description
Welcome home to this charming 3-bedroom, 2-bath residence nestled on a quiet cul-de-sac in one of Ocala's established neighborhoods. Surrounded by beautiful mature oak trees, this property offers a peaceful setting with a spacious, fully fenced backyard and an oversized side yard perfect for gardening, outdoor activities, or simply enjoying the extra space. The cul-de-sac location also provides a long driveway with ample parking for family and guests, while the newer metal roof offers added value and peace of mind. Inside, you'll find a spacious living room that welcomes you with plenty of room to relax or entertain. The open dining area flows seamlessly into the bright, cheerful kitchen, creating a functional layout ideal for everyday living and gatherings. A desirable split-bedroom floor plan offers privacy, with generously sized guest bedrooms and a comfortable primary suite featuring a walk-in closet and private en-suite bath. Conveniently located in Ocala, this home is just minutes from shopping, dining, medical facilities, walking/biking trails, and is situated within the sought-after Forest High School district. Whether you're searching for your first home, a place to grow, or simply a peaceful setting with room to enjoy the outdoors, this property is ready to welcome you home.
Full Property Details
Full Property Details for 4861 SE 31st Terrace
General
- Price: $280,000
- Taxes: $3,013 (2025)
- Status: Active
- Type: Single Family
- Source: MidFloridaRegionalMLS
- MLS ID: OM729613
- Updated: 8/7/2026
- Added to Site: 3 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 5
- Interior Features: Ceiling Fan(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Walk-In Closet(s)
- Appliances: Dishwasher, Range, Refrigerator
- Furnishings: Unfurnished
- Flooring: Laminate, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Garage
Exterior
- Exterior Features: Private Mailbox, Private Yard
- Deck/Patio: Front Porch, Patio
- Porch/Patio/Deck: Front Porch, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage Door Opener
Location
- Area: 34480 - Ocala
- County: Marion
- Development Name: 34480 - Ocala
- Subdivision: SOUTH OAK
- Driving Directions: From 441 (South Pine) left on SE 52nd St .3 miles, left on SE 30th .8 miles, turn right onto SE 49th 900', and left onto SE 31st Terr, the home is on your right.
- Direction Faces: West
School Information
- High School: Forest High School
Community
- Community Name: 34480 - Ocala
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Heat Pump
Utilities
- Sewer: Septic Tank
- Water: Public
- Utility Description: BB/HS Internet Available, Electricity Connected, Water Connected
Structural Information
- Architectural Info: Craftsman, Patio
- Architectural Style: Craftsman, Patio
- Exterior Const.: Cement Siding, Wood Frame, Wood Siding
- Roof: Metal
- Stories/Levels: One
- Square Feet: 1,482
- Sq. Ft. Source: Public Records
- Year Built: 1987
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,326
- Lot Size: 11326
- Lot Dimensions: 85 x 135
- Frontage: Street Paved
- Street/Road Desc.: Paved
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $3,013.17
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Special Conditions: None
- Legal Description: SEC 34 TWP 15 RGE 22 PLAT BOOK U PAGE 089 SOUTH OAK BLK F LOT 9
- Flood Zone Info: X
- APN: 3131006009
- Property ID: 3131006009
- Block/Lot/Section: F
Listed by Pegasus Realty & Assoc Inc
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Schools
Schools serving 4861 SE 31st Terrace
School District:Marion County School District
| Name | Grades | Distance |
|---|---|---|
Shady Hill Elementary School 5959 South Magnolia Avenue, Ocala, FL 34471 | PK-5 | 2.7 mi |
Osceola Middle School, Ocala, FL 526 Southeast Tuscawilla Avenue, Ocala, FL 34471 | 6-8 | 3.9 mi |
Forest High School 5000 Southeast Maricamp Road, Ocala, FL 34480 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 4861 SE 31st Terrace
Date
Details
Price
Change
Source
8/04/2026
Listed
$280,000
93.1%
MLS
6/15/2005
Sold
$145,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 4861 SE 31st Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,013
-7%
$202,953
15%
2024
$3,227
4%
$176,468
10%
2023
$3,115
16%
$160,425
1%
2022
$2,691
6%
$158,449
12%
2021
$2,535
—
$141,602
16%
2021
$2,535
33%
$121,925
22%
2018
$1,904
8%
$99,612
10%
2017
$1,757
7%
$90,556
10%
2016
$1,648
-23%
$82,324
-25%
2019
$2,138
41%
$109,573
46%
2015
$1,511
10%
$74,840
7%
2014
$1,368
-1%
$69,813
-2%
2013
$1,379
—
$71,477
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 4861 SE 31st Terrace
4861 SE 31st Terrace, Ocala, FL 34480 (MLS# OM729613) is a Single Family property with 3 bedrooms and 2 full bathrooms. 4861 SE 31st Terrace is currently listed for $280,000 and was received on August 04, 2026. Want to learn more about 4861 SE 31st Terrace? Do you have questions about finding other Single Family real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.

