NOT LISTED FOR SALE

Estimated Value: $346,000 - $393,000

3 Beds
2 Baths
1,856 Sq Ft
$202/Sq Ft Est. Value

Last Sold September 10, 2024

Last sale price $390,000 $210 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $2,199/month

38 Days on Market

Highlights

  • Oak Trees
  • Living Room with Fireplace
  • Main Floor Primary Bedroom
  • Vanguard High School Rated A-
  • Wood Flooring
  • Corner Lot

About This Home

As of September 2024

Welcome to a unique opportunity in the heart of Ocala! This charming 1950s cracker-style architectural gem combines the best of both worlds: a comfortable and versatile residential space with the rare advantage of mixed-use zoning for office purposes. Here's your chance to own a piece of Ocala's history. This property boasts 3 bedrooms and 2 bathrooms, making it perfect for both residential and office use. Its rare residential office zoning designation sets it apart. The original 1950s cracker style architecture exudes character, and beautiful hardwood floors run throughout the property, adding a touch of timeless elegance. As you step onto the screened front porch, you'll notice the original terrazzo flooring, a nod to the property's rich history. The bathrooms retain their original 1950s tiles, preserving the unique charm of this era. Commercial upgrades are already in place, ensuring ADA compliance and modern functionality. Situated on an oversized corner lot, this property offers convenient access to downtown Ocala, just minutes away. You'll find a private parking lot with 6 parking spaces, one of which is handicap accessible. There's also a 2-car attached carport with a spacious driveway for added convenience. Inside, the property features a generously sized living room with a wood-burning fireplace, creating a warm and inviting atmosphere. The spacious bedrooms are easily convertible into offices, providing flexibility for various uses. The large dining room adds to the versatility of the space, making it ideal for a variety of needs, including a conference room. This property is a rare find, offering the unique opportunity to have a home that doubles as a commercial space. The mix of original 1950s aesthetics with modern upgrades and commercial compliance makes this property a remarkable and versatile investment. A brand new roof has been installed in 2024. Its central location, ample parking, and beautiful features are sure to make it a desirable space for a variety of uses. Don't miss your chance to own this exceptional piece of Ocala's history. Contact us today to schedule a viewing and explore the endless possibilities that this mixed-use gem has to offer.

Last Agent to Sell the Property

Jeanne Ritt

SOUTHERN CHARM REALTY OF CF Brokerage Phone: 352-653-3330 License #3034400 Listed on: 06/27/2024

Last Buyer's Agent

Van Akin

AKIN REALTY COMPANY License #0242005

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,901

Year Built

  • Built in 1953

Lot Details

  • 0.46 Acre Lot
  • North Facing Home
  • Dog Run
  • Mature Landscaping
  • Corner Lot
  • Irrigation
  • Cleared Lot
  • Oak Trees
  • Property is zoned RO

Home Design

  • Bungalow
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,856 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room with Fireplace
  • L-Shaped Dining Room

Flooring

  • Wood
  • Tile
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Parking

  • 2 Carport Spaces
  • Parking Pad
  • Driveway
  • Guest Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Schools

  • Wyomina Park Elementary School
  • Fort King Middle School
  • Vanguard High School

Utilities

  • Central Heating and Cooling System
  • Thermostat

Community Details

  • No Home Owners Association
  • Caldwells Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,901

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 1856
  • Lot Size Acres: 0.46
  • New Construction: No
  • Year Built: 1953
  • Building Area Total: 2663
  • Lot Size Sq Ft: 20038
  • Status: Sold
  • Street Direction: NE
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: E Silver Springs Blvd
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 210.13
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-653-3330
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Terrazzo, Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Built-in Features, Ceiling Fans(s), L Dining, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Refrigerator
  • Foundation Details: Block, Concrete Perimeter
  • Total Bedrooms: 3
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 172.43

Exterior Features

  • Direction Faces: North
  • Exterior Features: Dog Run, Irrigation System, Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Driveway, Guest, Parking Pad

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Wyomina Park Elementary School
  • High School: Vanguard High School
  • Middle Or Junior School: Fort King Middle School

Lot Info

  • Zoning: RO
  • Parcel Number: 28311-012-00
  • Additional Parcels: No
  • Lot Features: Cleared, Corner Lot, City Limits, Landscaped, Sidewalk, Paved
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 2901
  • Tax Block: 0
  • Tax Book Number: A-077CALDWEL
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Sep 10, 2024
Sold by
Southern Charm Realty Of Central Fl Llc
Bought by
Trb & Associates Llc
Seller's Agent
Jeanne Ritt
SOUTHERN CHARM REALTY OF CF
Buyer's Agent
Van Akin
AKIN REALTY COMPANY
List Price
$405,000
Sold Price
$390,000
Premium/Discount to List
-$15,000
-3.7%
Views
10
Current Estimated Value
$374,064

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,936
Avg. Annual Appreciation
-3.62%
Original Mortgage
$366,700
Outstanding Balance
$362,777
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$11,287

Purchase Details

Closed on
Jan 31, 2014
Sold by
Mg Alderbrook Llc
Bought by
Southern Charm Realty Of Central Fl Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.48%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 15, 2013
Sold by
Branan Group Llc and Branan Mary Ellen Palmer
Bought by
Mg Alderbrook Llc

Purchase Details

Closed on
Aug 20, 2007
Sold by
Branan Thomas D
Bought by
Branan Thomas D

Purchase Details

Closed on
Aug 24, 2005
Sold by
Leonard William F
Bought by
Branan Thomas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,095
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Trb & Associates Llc $390,000 Atlas Title
Southern Charm Realty Of Central Fl Llc $120,000 1St Quality Title Llc
Mg Alderbrook Llc $150,000 1St Quality Title Llc
Branan Thomas D -- Attorney
Branan Thomas D $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Trb & Associates Llc $366,700
Previous Owner Southern Charm Realty Of Central Fl Llc $120,000
Previous Owner Branan Thomas D $122,095
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/10/2024 09/10/24 Sold $390,000 -3.7% $210 / Sq Ft
08/05/2024 08/05/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $405,000 -- $218 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,886 $144,831 -- --
2023 $2,901 $144,719 $0 $0
2022 $2,631 $136,390 $0 $0
2021 $2,456 $123,991 $60,114 $63,877
2020 $2,112 $115,528 $60,114 $55,414
2019 $2,050 $111,054 $40,076 $70,978
2018 $2,013 $110,758 $40,076 $70,682
2017 $2,042 $110,532 $40,076 $70,456
2016 $2,061 $110,242 $0 $0
2015 $2,068 $108,890 $0 $0
2014 $1,891 $106,979 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM681148

Stellar MLS

APN: 28311-012-00