$248,000
SOLD JAN 25, 2024

12450 SE 99th Ave Belleview, FL 34420

4 Beds
2 Baths
1,742 Sq Ft
0.25 Acres

Recently Sold

$142 Per Sq Ft

1% Below List Price

262 Days on Market

Highlights

  • Open Floorplan
  • Enclosed patio or porch
  • Combination Dining and Living Room
  • No HOA
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of January 2024

Set your eyes on this income producing duplex located in Belleview. So much opportunity to be had here. Each unit is a 2/1 with an open floor plan that includes a large enclosed covered screened in porch for each unit. New roof in 2016 and drain field in 2022. Live in one unit and rent out the other, turn it into a large single family home, or keep renting it as duplex. The returns are fantastic. The downstairs unit has been painted, new vinyl plank flooring has been installed and the bathroom vanity has been updated. Downstairs kitchen is being installed 12/7. Call today to schedule your very own private showing. Both units are vacant.

Last Agent to Sell the Property

Larry Quartararo, III

RE/MAX PREMIER REALTY LADY LK Brokerage Phone: 352-753-2029 License #3426375 Listed on: 03/18/2023

RE/MAX PREMIER REALTY LADY LK

Last Buyer's Agent

Rachel Rushing

KELLER WILLIAMS CORNERSTONE RE License #3488745

KELLER WILLIAMS CORNERSTONE RE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,735

Year Built

  • Built in 1990

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100x110

Parking

  • 1 Car Garage
  • 2 Carport Spaces

Home Design

  • Duplex
  • Split Level Home
  • Block Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,742 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Combination Dining and Living Room
  • Laundry Located Outside

Kitchen

  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Enclosed patio or porch

Utilities

  • Central Heating and Cooling System
  • Heating System Mounted To A Wall or Window
  • Well
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Victoria Heights Subdivision

Building Details

  • Operating Expense $9,000
  • Gross Income $26,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,735

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Other, Wood Frame
  • Fireplace: No
  • Living Area: 1742
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1990
  • Lot Size Sq Ft: 10890
  • Tenant Pays: Trash Collection
  • Directions to Property: From E HWY 25 turn onto Se 99th Ave. follow the road to your right and the home will be on your right. 99th Ave loops around and has an entrance on E HWY 25 or from SE 100th AVE.
  • Status: Sold
  • Street Direction: SE
  • Ownership: Fee Simple
  • Escrow City: Ocala
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: Maricamp Rd. Ste 101,
  • Escrow Street Number: 2701 SE
  • List Office Head Office Key Nume: 1044887
  • RATIO Current Price By Calculate: 142.37
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 1
  • Water Access YN: 0
  • Attribution Contact: 352-753-2029
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan
  • Appliances Included: Dishwasher, Range, Range Hood, Refrigerator
  • Foundation Details: Block
  • Total Bedrooms: 4
  • Levels: Multi/Split
  • Street Number Modifier: 12450
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 161.84

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Rear Porch, Screened
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Covered

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Wall Units / Window Unit
  • Laundry Features: Outside
  • Sewer: Septic Tank
  • Water Source: Well

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

Lot Info

  • Zoning: R1
  • Parcel Number: 4511-052-000
  • Additional Parcels: No
  • Lot Dimensions: 100x110
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1012

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 2150

Multi Family

  • Gross Income: 26000
  • Number Of Units Total: 1
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 2735.28
  • Tax Block: 00
  • Tax Book Number: F-130
  • Tax Lot: 52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2023
Closed on
Dec 22, 2023
Sold by
Frost Susan Jean and Frost Jack Jay
Bought by
Marutham Square Llc
Seller's Agent
Larry Quartararo, III
RE/MAX PREMIER REALTY LADY LK
Buyer's Agent
Rachel Rushing
KELLER WILLIAMS CORNERSTONE RE
List Price
$249,900
Sold Price
$248,000
Premium/Discount to List
-$1,900
-0.76%
Views
1086

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.32%

Purchase Details

Listed on
Jun 28, 2021
Closed on
Oct 7, 2021
Sold by
Garaway Jason
Bought by
Frost Susan Jean and Frost Jack Jay
Seller's Agent
Jamison Foster
JUDY L. TROUT REALTY
Buyer's Agent
Larry Quartararo, III
RE/MAX PREMIER REALTY LADY LK
List Price
$199,500
Sold Price
$170,000
Premium/Discount to List
-$29,500
-14.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.10%
Original Mortgage
$68,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2017
Sold by
Hall Thomas W
Bought by
Garaway Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
3.92%
Mortgage Type
Balloon

Purchase Details

Listed on
Nov 1, 2016
Closed on
Apr 19, 2017
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Garaway Jason and Hall Thomas W
Seller's Agent
Christine Riley
FLORIDA HOMES REALTY & MORTGAGE
Buyer's Agent
Jamison Foster
JUDY L. TROUT REALTY
List Price
$79,900
Sold Price
$60,000
Premium/Discount to List
-$19,900
-24.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.00%

Purchase Details

Closed on
Mar 2, 2016
Sold by
Estate Of William E Bingamon
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 1, 2016
Bought by
Garaway Jason

Purchase Details

Closed on
Jun 14, 2005
Sold by
Burrows Donald E and Burrows Zoe Ann
Bought by
Bingamon William E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,550
Interest Rate
5.7%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $248,000 Affiliated Title Of Central Fl
Warranty Deed $170,000 Signature T&E Services Llc
Quit Claim Deed -- Attorney
Special Warranty Deed $60,000 Conmsumer Title & Escrow Ser
Trustee Deed -- None Available
Deed $100 --
Warranty Deed $89,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $187,500 New Conventional
Previous Owner $80,000 New Conventional
Previous Owner $68,000 New Conventional
Previous Owner $70,000 Balloon
Previous Owner $84,550 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/20/2025 05/20/25 For Sale $320,000 +29.0% $110 / Sq Ft
01/25/2024 01/25/24 Sold $248,000 0.0% $142 / Sq Ft
12/06/2023 12/06/23 Pending -- -- --
11/15/2023 11/15/23 Price Changed $248,000 -0.4% $142 / Sq Ft
10/24/2023 10/24/23 Price Changed $248,900 -0.4% $143 / Sq Ft
10/01/2023 10/01/23 For Sale $249,900 +0.8% $143 / Sq Ft
09/29/2023 09/29/23 Off Market $248,000 -- --
07/26/2023 07/26/23 For Sale $249,900 0.0% $143 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/10/2023 07/10/23 For Sale $249,900 0.0% $143 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/29/2023 06/29/23 Price Changed $249,900 -2.0% $143 / Sq Ft
05/08/2023 05/08/23 Price Changed $254,900 -1.9% $146 / Sq Ft
04/21/2023 04/21/23 For Sale $259,900 0.0% $149 / Sq Ft
03/23/2023 03/23/23 Pending -- -- --
03/18/2023 03/18/23 For Sale $259,900 +52.9% $149 / Sq Ft
10/18/2021 10/18/21 Sold $170,000 -12.6% $98 / Sq Ft
08/27/2021 08/27/21 Pending -- -- --
08/17/2021 08/17/21 Price Changed $194,500 -2.5% $113 / Sq Ft
08/10/2021 08/10/21 For Sale $199,500 0.0% $115 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/24/2021 07/24/21 For Sale $199,500 0.0% $115 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
06/28/2021 06/28/21 For Sale $199,500 +232.5% $115 / Sq Ft
04/19/2017 04/19/17 Sold $60,000 -24.9% $35 / Sq Ft
03/30/2017 03/30/17 Pending -- -- --
11/01/2016 11/01/16 For Sale $79,900 -- $46 / 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
2023 $3,768 $149,226 $0 $0
2022 $2,735 $135,660 $15,000 $120,660
2021 $2,575 $121,380 $14,500 $106,880
2020 $2,121 $110,278 $14,500 $95,778
2019 $2,035 $103,921 $10,500 $93,421
2018 $1,857 $97,294 $9,500 $87,794
2017 $1,755 $90,631 $7,500 $83,131
2016 $1,648 $84,110 $0 $0
2015 $1,590 $79,542 $0 $0
2014 $1,444 $74,672 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5066601

Stellar MLS

APN: 4511-052-000