4861 SE 31st Ter, photo 1
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Overview

3 bd2 ba1,482 sqft2 car garageSingle Family
TypeSingle Family
HOANone listed
Built1987
Lot11,326 sqft
Living area1,482 sqft
Price / sqft$168
Garage2 car

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About this home

Ceiling Fans(s)Eat-in KitchenLiving Room/Dining Room ComboOpen FloorplanPrimary Bedroom Main FloorSplit BedroomThermostatWalk-in Closet(s)

4861 SE 31st Ter is a 1987-built home in South Oak, Ocala. Inside you'll find 3 bedrooms, 2 bathrooms, and 1,482 square feet of living space. Listed at $249,000 (about $168/sqft), 67 days on market. Flood zone X - outside the FEMA high-risk areas, which keeps insurance manageable.

From the listing

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.

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The essentials

Built
1987
Price / sqft
$168
On market
67 days
Annual tax
$3,013
Flood zone
X · Low risk
Lot
11,326 sqft
Type
Single Family Residence

At a glance

Single family
Built 1987
2 car garage
Garage Door Opener
0.26 acres
Lot size
1,482 sqft
Living area

Payment

Est. monthly payment
$1,675/mo
Down payment (20%)
$49,800
Property taxes
$251/mo
Rate assumed
6.8% · 30 yr
View full breakdown

Details

Type
Single Family Residence
Year Built
1987
Lot
11,326 sqft
Cooling
Central Air
Heating
Heat Pump
Parking
Garage Door Opener
Days on Market
67
Ceiling Fans(s)
Eat-in Kitchen
Living Room/Dining Room Combo
Open Floorplan
Primary Bedroom Main Floor
Split Bedroom
Thermostat
Walk-in Closet(s)
Private Mailbox
Private Yard
Dishwasher
Range
Refrigerator
High
Forest High School

Districts can re-zone, so verify directly with the district before relying on these.

Flood Zone X
Annual Tax (2025)
$3,013
Parcel #
3131-006-009

Taxes reflect the most recent assessment in the MLS feed. Actual tax owed can vary, so confirm with the county property appraiser before closing.

Subdivision
South Oak
County
Marion
MLS Area
34480 - Ocala
Lot Size
11,326 sqft
Cul-De-SacPrivatePaved

Price history

Date
Event
Price
10/4/2026
Price change
Source: Stellar MLS #OM729613
$249,000-7.4%
$168/sqft
-
Price change
Source: Stellar MLS #OM729613
$269,000-3.9%
$182/sqft
8/4/2026
Listed for sale
Source: Stellar MLS #OM729613
$280,000
$189/sqft

Neighborhood

4861 SE 31st Ter
Ocala, FL, 34480 · 34480 - Ocala

Market insights

Offer Insights

Choose an offer strength

List price: $249,000
$247,500 – $249,000
99.4% – 100% of listTops out right at the list price
80% of listList price
95 of the last 189 home closings in 34480 landed at this number or higher (50%). The median one sat 49 days before it went under contract, and this one is on day 67 after a $31,000 cut.

Sample: 189 closed home sales in 34480 over the last 8 months, Stellar MLS. A starting point, not a guarantee.

Talk through an offer with our team

Calculator

Est. monthly payment
$1,674/mo
Principal & interest$1,299
Property taxes$251
Insurance$125
Down payment20% · $49,800
Interest rate6.80%
Loan term

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Property taxes are this home's actual annual bill from the MLS, divided by twelve. Insurance estimated at 0.60%. Rate defaults to 6.8% on a 30-year fixed. Tap a pencil to use your own numbers. Estimates only, not a loan quote.

Quick answers.

Price

$249,000

$168 per sq ft

Beds and baths

3 beds, 2 baths

Size

1,482 sq ft

Time on market

67 days

Year built

1987

Monthly payment

About $1,675/mo

That is 20% down on a 30-year fixed at 6.8%, plus the home's $3,013 annual tax bill, insurance.

Flood zone

Zone X

That is outside the high-risk areas, so flood insurance is usually optional rather than required by a lender.

Offer

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Brokered byPEGASUS REALTY & ASSOC INCListing agent: Heather MangusListing data from Stellar MLS, MLS# OM729613.

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