NOT LISTED FOR SALE

1621 NE 2nd St Unit 502 Ocala, FL 34470

Northeast Ocala Neighborhood

Estimated Value: $161,000 - $173,000

2 Beds
2 Baths
1,425 Sq Ft
$375/mo HOA Fee

Last Sold May 05, 2023

Last sale price $177,000 $124 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $1,445/month

87 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • Cathedral Ceiling
  • Vanguard High School Rated A-
  • Deck
  • Wet Bar

About This Home

As of May 2023

Newly remodeled condo in lovely sought after Park Place of Ocala community needs nothing and ready for you to move in! Newly remodeled kitchen with brand new stainless-steel appliances. Luxury vinyl wood plank flooring throughout the home. Fresh new paint everywhere. AC system new in 2019. Newer roof 2015. Gated community with pool and hot tub! This home needs nothing! Schedule your tour today!!

Last Agent to Sell the Property

Frank Smith

KELLER WILLIAMS SUBURBAN TAMPA License #3517526 Listed on: 12/17/2022

KELLER WILLIAMS SUBURBAN TAMPA

Last Buyer's Agent

Jackie Hawkes

FONTANA REALTY License #3113491

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $652

Year Built

  • Built in 1991

Lot Details

  • Northeast Facing Home

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • Elevated Home
  • Entry on the 2nd floor
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Pile Dwellings

Interior Spaces

  • 1,425 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Window Treatments
  • Living Room
  • Vinyl Flooring
  • Laundry in unit

Kitchen

  • Convection Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Deck
  • Patio
  • Rain Gutters

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, maintenance structure, ground maintenance, pest control
  • Mitzi Welch Association, Phone Number (352) 572-8681
  • Park Place Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$652

Year Built

Built in 1991

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • HOA Fee Includes: Pool, Maintenance Structure, Maintenance Grounds, Pest Control, Pool
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Elevated
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 1425
  • Lot Size Acres: 0.02
  • New Construction: No
  • Year Built: 1991
  • Building Area Total: 1473
  • Lot Size Sq Ft: 957
  • Directions to Property: Traveling N on US Hwy. 441, take R on to Hwy. 40. Make L on to NE 16th Ave. Make R on NE 2nd St. Gate to enter complex will be on Through gate to unit 502
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Tampa
  • Escrow Postal Code: 33629
  • Escrow State: FL
  • Escrow Street Name: S Dale Mabry Hwy
  • Escrow Street Number: 3202
  • Floor Number: 2
  • List Office Head Office Key Nume: 203884503
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 124.21
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Property Description: Elevated
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Vaulted Ceiling(s), Wet Bar
  • Appliances Included: Convection Oven, Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Pillar/Post/Pier, Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 2
  • Window Features: Window Treatments
  • Street Number Modifier: 1621
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 132.39
  • Room Count: 6

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: In Ground
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio
  • Road Surface Type: Asphalt
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated, Pool
  • Association Amenities: Gated, Pool, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association Name: Mitzi Welch
  • Phone: 352-572-8681
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: "No dangerous breeds" per the HOA insurance. Buyer responsible to verify pet restrictions with HOA
  • Association Fee Requirement: Required
  • Building Name Number: PARK PLACE OF OCALA
  • Condo Fees: 375
  • Condo Land Included YN: 0
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: parkplaceofocalahoa@gmail.com
  • Monthly Condo Fee Amount: 375

Fee Information

  • Total Annual Fees: 4500.00
  • Total Monthly Fees: 375.00

Lot Info

  • Zoning: PD12
  • Parcel Number: 28337-502-00
  • Additional Parcels: No
  • Flood Zone Code: x
  • Homestead YN: 0
  • Lot Size Square Meters: 89

Rental Info

  • Pets Allowed: Breed Restrictions
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Buyer to verify lease restrictions with HOA

Tax Info

  • Tax Annual Amount: 652.39
  • Tax Block: 00
  • Tax Book Number: 2-018
  • Tax Lot: 502

Multi Family

  • Approval Process: Background check required for owners and tenants

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 17, 2022
Closed on
May 5, 2023
Sold by
Investworks Solutions Llc
Bought by
Wisco Kandice K
Seller's Agent
Frank Smith
KELLER WILLIAMS SUBURBAN TAMPA
Buyer's Agent
Jackie Hawkes
FONTANA REALTY
List Price
$179,400
Sold Price
$177,000
Premium/Discount to List
-$2,400
-1.34%
Views
410
Current Estimated Value
$169,711

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,289
Avg. Annual Appreciation
-1.51%
Original Mortgage
$10,000
Outstanding Balance
$1,074
Interest Rate
6.42%
Mortgage Type
New Conventional
Estimated Equity
$169,603

Purchase Details

Closed on
Sep 21, 2022
Sold by
Nancy Wilson
Bought by
Investworks Solutions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,900
Interest Rate
5.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2019
Sold by
Cone Distributing Inc
Bought by
Wilson Nancy

Purchase Details

Closed on
Apr 18, 2003
Sold by
Southworth George I and Limroth Elizabeth S
Bought by
Cone Distributing Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,800
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2002
Sold by
Southworth A M and Southworth Margaret L
Bought by
Southworth George I and Limroth Elizabeth S
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
Wisco Kandice K $177,000 Millennial Title
Investworks Solutions Llc $120,000 Millennial Title
Wilson Nancy $60,000 Affiliated Ttl Of Ctrl Fl Lt
Cone Distributing Inc $71,800 Affiliated Title
Southworth George I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wisco Kandice K $10,000
Open Wisco Kandice K $173,794
Previous Owner Investworks Solutions Llc $129,900
Previous Owner Cone Distributing Inc $68,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/05/2023 05/05/23 Sold $177,000 -1.3% $124 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $179,400 0.0% $126 / Sq Ft
02/05/2023 02/05/23 Off Market $179,400 -- --
01/21/2023 01/21/23 Pending -- -- --
01/11/2023 01/11/23 For Sale $179,400 0.0% $126 / Sq Ft
12/27/2022 12/27/22 Pending -- -- --
12/17/2022 12/17/22 For Sale $179,400 -- $126 / 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 $2,091 $148,017 $10,000 $138,017
2023 $2,163 $105,524 $10,000 $95,524
2022 $652 $55,975 $0 $0
2021 $659 $54,345 $0 $0
2020 $482 $53,595 $5,000 $48,595
2019 $1,054 $57,084 $10,187 $46,897
2018 $992 $54,570 $10,000 $44,570
2017 $975 $52,767 $10,000 $42,767
2016 $1,157 $61,888 $0 $0
2015 $1,097 $57,750 $0 $0
2014 $999 $56,518 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank Smith

    Seller's Agent in 2023

    Frank Smith

    KELLER WILLIAMS SUBURBAN TAMPA

    (401) 644-4762

    3 in this area

    100 Total Sales

    Frank Smith
    Section Image
  • Jackie Hawkes

    Buyer's Agent in 2023

    Jackie Hawkes

    FONTANA REALTY

    (352) 598-0437

    10 in this area

    78 Total Sales

    Jackie Hawkes
    Section Image
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Map

Source: Stellar MLS

MLS Number: T3419029

Stellar MLS

APN: 28337-502-00

Florida Marion County Ocala 34470 Northeast Ocala

1621 NE 2nd St Unit 502, Ocala, FL

This home is located at 1621 NE 2nd St Unit 502, Ocala, FL 34470 since 17 December 2022 and is currently estimated at $169,711, approximately $119 per square foot. This property was built in 1991. 1621 NE 2nd St Unit 502 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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