NOT LISTED FOR SALE

1316 E Fort King St Ocala, FL 34471

Southeast Ocala Neighborhood
7 Beds
5 Baths
7,136 Sq Ft
0.39 Acres

Last Sold May 27, 2015

Last sale price $380,000 $53 Per Sq Ft

185 Days on Market

Highlights

  • Landscaped with Trees
  • Tile Flooring
  • Heating Available
  • Eighth Street Elementary School Rated A-
  • Central Air

About This Home

As of May 2015

Ocala's Historic District Area! Very Well Maintained Buildings! 8 Spacious 2BD 1BA Apts. Each 892 sq ft. Nicely updated. Tile & Berber carpet. Range, Refrig, D/W, Full size washer/dryer hook-ups. Ample Parking. Convenient to downtown, Churches, Shopping, Grocery, Restaurants. This listing also includes Bldg #1322. Eligible for 1031 Exchange. Total Operating Expense does not include taxes. Presently full.

Last Agent to Sell the Property

Zell Hall

COLDWELL BANKER ELLISON REALTY O License #530791 Listed on: 09/08/2014

COLDWELL BANKER ELLISON REALTY O

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,780

Year Built

  • Built in 1978

Lot Details

  • 0.39 Acre Lot
  • Lot Dimensions are 114x149
  • Landscaped with Trees

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2-Story Property
  • Security Lights

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

  • Property Available on 9/8/14
  • Tax Lot 2
  • Assessor Parcel Number 28373-002-00

Community Details

Overview

  • 10 Buildings
  • 5 Units
  • 7,136 Sq Ft Building

Building Details

  • Gross Income $51,240
  • Net Operating Income $31,466

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,780

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Lot Size Acres: 0.39
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 7136
  • Lease Term: Twenty Four Months
  • Lot Size Sq Ft: 16988
  • Status: Sold
  • Street Direction: SE
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Sale Includes: Building(s) and Land
  • Last Date Available: 2015-09-08T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Levels: Two
  • Stories: 2

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Security: Security Lights

Lot Info

  • Zoning: R-3 Mulitple Family Dwell
  • Parcel Number: 28373-002-00
  • Additional Parcels: No
  • Lot Dimensions: 114x149

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2014-09-08
  • Long Term YN: 0

Multi Family

  • Net Operating Income: 31466
  • Gross Income: 51240
  • Number Of Units Total: 5
  • Total Num Buildings: 10
  • Unit Count: 0

Tax Info

  • Tax Annual Amount: 3780
  • Tax Book Number: R-121
  • Tax Lot: 2

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2015 05/27/15 Sold $380,000 -11.4% $53 / Sq Ft
03/13/2015 03/13/15 Pending -- -- --
09/08/2014 09/08/14 For Sale $429,000 -- $60 / 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
2025 $13,869 $651,658 -- --
2024 $12,952 $592,416 -- --
2023 $12,952 $538,560 -- --
2022 $9,732 $489,600 $67,952 $421,648
2021 $8,876 $428,400 $67,952 $360,448
2020 $7,679 $428,400 $67,952 $360,448
2019 $7,110 $397,800 $57,000 $340,800
2018 $6,228 $342,720 $57,000 $285,720
2017 $5,803 $314,160 $59,451 $254,709
2016 $5,951 $318,240 $0 $0
2015 $4,945 $256,714 $0 $0
2014 $4,164 $233,376 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Zell Hall

    Seller's Agent in 2015

    Zell Hall

    COLDWELL BANKER ELLISON REALTY O

    (800) 246-1381

    1 in this area

    17 Total Sales

    Zell Hall
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Map

Source: Stellar MLS

MLS Number: OM413607

Stellar MLS
Florida Marion County Ocala 34471 Southeast Ocala

1316 E Fort King St, Ocala, FL

Not Listed for Sale

MultiFamily

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.

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

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