NOT LISTED FOR SALE

1624 NE 16th Ave Ocala, FL 34470

Northeast Ocala Neighborhood

Estimated Value: $262,973 - $323,000

6 Beds
2 Baths
2,344 Sq Ft
$125/Sq Ft Est. Value

Last Sold May 19, 2023

Last sale price $290,000 $124 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,895/month

81 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Heating Available
  • Vanguard High School Rated A-
  • Central Air

About This Home

As of May 2023

Location, Location, Location!
Fantastic location with great access to shopping, schools, banks and downtown Ocala.
The HVAC has been updated in the last few years and the metal roof is less than five years old.
Electric has been updated in April of 2023.
Unit 1 lease expires on 12/31//2023 the monthly rent is $1,300.
Unit 2 lease expires on 4/30/2023 the monthly rent is $1,350 (this tenant wants to continue renting the property).
Very high demand in this area of Ocala. If vacant owner would ask $1,500 per month.

Last Agent to Sell the Property

Rance Kay

CENTRAL FLORIDA REALTY License #0114004 Listed on: 02/15/2023

Last Buyer's Agent

Rasha Elmallah

DEACON AND SOLDIER PROPERTIES License #3338711

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,601

Year Built

  • Built in 1966

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 100x130

Home Design

  • Duplex
  • Slab Foundation
  • Metal Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,344 Sq Ft Home
  • Open Floorplan
  • Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Private Mailbox

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,500 Sq Ft Building
  • Hilltop Manor Subdivision

Building Details

  • Gross Income $31,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,601

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2344
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1966
  • Building Area Total: 2500
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 13068
  • Directions to Property: From US HWY 27 go East Turn left (North) on 16th Avenue, Duplex is on the left (West) side of the road.
  • Status: Sold
  • Street Direction: NE
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Ocala
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: SE First Avenue
  • Escrow Street Number: 35
  • List Office Head Office Key Nume: 529793706
  • RATIO Current Price By Calculate: 123.72
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Open Floorplan, Thermostat
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: One
  • Street Number Modifier: 1624
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 217.76

Exterior Features

  • Exterior Features: Private Mailbox
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

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

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: R1A
  • Parcel Number: 2644-002-004
  • Additional Parcels: No
  • Lot Dimensions: 100x130
  • Flood Zone Code: c
  • Lot Size Square Meters: 1214

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 2650

Multi Family

  • Gross Income: 31800
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 2600.94
  • Tax Block: B
  • Tax Book Number: F-043
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2022
Sold by
Apmrhk Llc
Bought by
Brick City Rentals Llc
Current Estimated Value
$291,993

Purchase Details

Listed on
Feb 10, 2015
Closed on
Mar 17, 2015
Sold by
Gds Holdings Llc
Bought by
Apmrhk Llc
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.18%

Purchase Details

Listed on
Feb 10, 2015
Closed on
Mar 11, 2015
Sold by
Rref Cb Sbl-Fl Tura Llc
Bought by
Gds Holdings Llc
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%

Purchase Details

Listed on
Feb 10, 2015
Closed on
Feb 3, 2015
Sold by
Turacamo Llc and Tuck Frank Thomas
Bought by
Rref Cb Sbl Fl Tura Llc
List Price
$29,900
Sold Price
$25,000
Premium/Discount to List
-$4,900
-16.39%

Purchase Details

Closed on
May 2, 2003
Sold by
Pirkl Richard A and Pirkl Evelyn E
Bought by
Stafford H David and Stafford Lucinda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Brick City Rentals Llc $290,000 None Listed On Document
Apmrhk Llc $140,000 Brick City Title Ins Agency
Gds Holdings Llc $100,000 North Amer Natl Title Soluti
Rref Cb Sbl Fl Tura Llc -- None Available
Stafford H David $80,000 Associated Land Title Ins Of
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stafford H David $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $290,000 -3.3% $124 / Sq Ft
05/08/2023 05/08/23 Pending -- -- --
05/06/2023 05/06/23 For Sale $300,000 0.0% $128 / Sq Ft
04/29/2023 04/29/23 Pending -- -- --
04/26/2023 04/26/23 Price Changed $300,000 -9.1% $128 / Sq Ft
03/29/2023 03/29/23 For Sale $330,000 0.0% $141 / Sq Ft
03/03/2023 03/03/23 Pending -- -- --
03/01/2023 03/01/23 For Sale $330,000 0.0% $141 / Sq Ft
02/16/2023 02/16/23 Pending -- -- --
02/15/2023 02/15/23 For Sale $330,000 +1220.0% $141 / Sq Ft
03/11/2015 03/11/15 Sold $25,000 -16.4% $11 / Sq Ft
02/11/2015 02/11/15 Pending -- -- --
02/10/2015 02/10/15 For Sale $29,900 -- $13 / 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 $4,169 $203,490 $48,000 $155,490
2023 $3,287 $135,897 $0 $0
2022 $2,601 $123,543 $0 $0
2021 $2,834 $121,380 $48,000 $73,380
2020 $1,952 $114,240 $33,600 $80,640
2019 $1,714 $92,820 $10,560 $82,260
2018 $1,534 $84,422 $10,560 $73,862
2017 $1,531 $82,875 $9,600 $73,275
2016 $1,488 $79,560 $0 $0
2015 $1,385 $72,930 $0 $0
2014 $1,289 $72,930 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rance Kay

    CENTRAL FLORIDA REALTY

    (352) 694-1300

    9 in this area

    19 Total Sales

    Rance Kay
    Section Image
  • Rasha Elmallah

    Buyer's Agent in 2023

    Rasha Elmallah

    DEACON AND SOLDIER PROPERTIES

    (352) 502-6243

    10 in this area

    107 Total Sales

    Rasha Elmallah
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM653268

Stellar MLS

APN: 2644-002-004

Florida Marion County Ocala 34470 Northeast Ocala

1624 NE 16th Ave, Ocala, FL

This home is located at 1624 NE 16th Ave, Ocala, FL 34470 since 15 February 2023 and is currently estimated at $291,993, approximately $124 per square foot. This property was built in 1966. 1624 NE 16th Ave 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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