NOT LISTED FOR SALE

1023 NE 2nd St Unit ALL UNITS Ocala, FL 34470

Northeast Ocala Neighborhood

Estimated Value: $424,000 - $588,000

2 Beds
2 Baths
4,020 Sq Ft
$135/Sq Ft Est. Value

Last Sold November 07, 2022

Last sale price $550,000 $137 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,714/month

99 Days on Market

Highlights

  • No HOA
  • Covered Patio or Porch
  • Central Heating and Cooling System
  • Vanguard High School Rated A-
  • Ceramic Tile Flooring

About This Home

As of November 2022

Located just minutes from Downtown Ocala, this multi-story quadplex is an amazing option for those looking to invest. Resting on just over a quarter of an acre, this property is highly convenient to Tuscawilla Park, Wyomina Park, and E Silver Springs Boulevard's many shopping and dining options. There's ample opportunity for those looking to expand, with the potential to accommodate a second quadplex in the area adjacent to the current building. The current quadplex features four 2-bedroom, 1.5-bath units with covered entryways. There are lots of parking options with a paved lot, and a sidewalk is out in front of the property. All four units are currently rented, making it well-suited for those looking to continue or begin collecting a passive income from the get-go.

Last Agent to Sell the Property

Robert Harden

SHOWCASE PROPERTIES OF CENTRAL License #615765 Listed on: 06/07/2022

Last Buyer's Agent

Jamie Blankenship

INVICTUS REAL ESTATE LLC License #3015400

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,441

Year Built

  • Built in 1978

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 76.75x190

Parking

  • Assigned Parking

Home Design

  • 4,020 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Flooring

  • Linoleum
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Dishwasher
  • Covered Patio or Porch

Community Details

  • No Home Owners Association
  • 4 Units
  • Oak Park Caldwells Add Ocala Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,441

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 4020
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1978
  • Lot Size Sq Ft: 15246
  • Directions to Property: From Pine Ave, go East to SE 11th Ave, Turn Left onto NE 2nd. Property will be on the Right.
  • Status: Sold
  • Street Direction: NE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM640505?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM640505?w=Customer
  • Unit Count: 1
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: Yes
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 136.82
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate, Linoleum
  • Interior Amenities: Thermostat
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Street Number Modifier: 1023
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Porch, Rear Porch
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0509E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No

Lot Info

  • Zoning: R3
  • Parcel Number: 2834-003-008
  • Additional Parcels: No
  • Lot Features: Sidewalk
  • Lot Dimensions: 76.75X190
  • Flood Zone Code: X
  • Flood Zone Date: 2017-04-19
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 5441.23
  • Tax Block: C
  • Tax Book Number: A-101
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2022
Closed on
Oct 31, 2022
Sold by
Fieldhouse Warren W and Fieldhouse Judith D
Bought by
Dinesen Joshua
Seller's Agent
Robert Harden
SHOWCASE PROPERTIES OF CENTRAL
Buyer's Agent
Jamie Blankenship
INVICTUS REAL ESTATE LLC
List Price
$550,000
Sold Price
$550,000
Views
23
Current Estimated Value
$543,194

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,806
Avg. Annual Appreciation
-0.44%
Original Mortgage
$525,000
Interest Rate
6.92%
Mortgage Type
VA

Purchase Details

Closed on
Jan 7, 2019
Sold by
Fla Ga Enterprises Llc
Bought by
Fieldshouse Warren W and Fieldshouse Judith D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 2, 2016
Sold by
Branan Mark Dawson
Bought by
Branan Mary Ellen Palmer

Purchase Details

Closed on
Apr 28, 2016
Sold by
Branan Mark Dawson
Bought by
Branan Mary Ellen Palmer

Purchase Details

Closed on
Apr 1, 2016
Bought by
Fla Ga Enterprises Llc

Purchase Details

Closed on
Nov 26, 2014
Sold by
Branan Mary Ellen Palmer and Branan Mark Dawson
Bought by
Branan Mary Ellen Palmer and Mary Ellen Palmer Branan Trust

Purchase Details

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

Purchase Details

Closed on
Jun 25, 2004
Sold by
City Of Ocala
Bought by
Simons Gary C and Branan Thomas D
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
Dinesen Joshua $550,000 Affiliated Title Of Central Fl
Fieldshouse Warren W $290,000 Affiliated Title Of Central
Branan Mary Ellen Palmer -- None Available
Fla Ga Enterprises Llc $135,000 None Available
Branan Mary Ellen Palmer -- None Available
Fla Ga Enterprises Llc $100 --
Branan Mary Ellen Palmer -- Attorney
Branan Thomas D -- Attorney
Simons Gary C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dinesen Joshua $530,937
Closed Dinesen Joshua $525,000
Previous Owner Fieldshouse Warren W $217,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/07/2022 11/07/22 Sold $550,000 0.0% $137 / Sq Ft
09/15/2022 09/15/22 Pending -- -- --
08/12/2022 08/12/22 For Sale $550,000 0.0% $137 / Sq Ft
06/13/2022 06/13/22 Pending -- -- --
06/07/2022 06/07/22 For Sale $550,000 -- $137 / 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 $9,114 $503,880 $70,300 $433,580
2023 $8,490 $424,320 $70,300 $354,020
2022 $6,057 $293,740 $0 $0
2021 $5,668 $301,920 $59,200 $242,720
2020 $4,439 $242,760 $29,600 $213,160
2019 $2,759 $151,470 $30,800 $120,670
2018 $2,447 $134,640 $30,800 $103,840
2017 $2,280 $123,420 $30,800 $92,620
2016 $2,088 $111,268 $0 $0
2015 $1,918 $100,980 $0 $0
2014 $1,762 $98,736 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Robert Harden

    Seller's Agent in 2022

    Robert Harden

    SHOWCASE PROPERTIES OF CENTRAL

    (352) 207-8030

    3 in this area

    19 Total Sales

    Robert Harden
    Section Image
  • Jamie Blankenship

    Buyer's Agent in 2022

    Jamie Blankenship

    INVICTUS REAL ESTATE LLC

    (813) 340-5998

    12 in this area

    92 Total Sales

    Jamie Blankenship
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM640505

Stellar MLS

APN: 2834-003-008

Florida Marion County Ocala 34470 Northeast Ocala

1023 NE 2nd St Unit ALL UNITS, Ocala, FL

This home is located at 1023 NE 2nd St Unit ALL UNITS, Ocala, FL 34470 since 07 June 2022 and is currently estimated at $543,194, approximately $135 per square foot. This property was built in 1978. 1023 NE 2nd St Unit ALL UNITS is a home located in Marion County with nearby schools including Wyomina Park Elementary School, Fort King Middle School, and Vanguard High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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