NOT LISTED FOR SALE

1624 SW 109th Place Unit All Ocala, FL 34476

Estimated Value: $340,791 - $456,000

6 Beds
6 Baths
2,975 Sq Ft
$132/Sq Ft Est. Value

Last Sold January 30, 2023

Last sale price $348,000 $117 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $2,435/month

28 Days on Market

Highlights

  • Open Floorplan
  • Solid Surface Countertops
  • Patio
  • West Port High School Rated A-
  • No HOA
  • Ceramic Tile Flooring

About This Home

As of January 2023

2007 Triplex for sale in beautiful SW Ocala. All 3 units are 2 bedroom/2 bath with tile flooring and inside laundry. Close to shopping and I-75.All units are currently occupied. You don't want to miss out on this wonderful investment opportunity.

Last Agent to Sell the Property

Amber D'Andrea

RE/MAX ALLSTARS REALTY License #3409099 Listed on: 11/16/2022

RE/MAX ALLSTARS REALTY

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

  • $3,297

Year Built

  • Built in 2007

Lot Details

  • 0.33 Acre Lot

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,975 Sq Ft Home
  • Open Floorplan
  • Window Treatments
  • Ceramic Tile Flooring
  • Laundry in unit

Kitchen

  • Range
  • Solid Surface Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Septic Tank
  • Private Sewer
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Quail Run Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,297

Year Built

Built in 2007

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2975
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 2007
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 14539
  • Tenant Pays: Electricity, Water
  • Directions to Property: From HWY 200....take HWY 475/SW 27th south to SW 109 Pl. Turn right. Driveway is the first one on the left. Triplex faces HWY 475.
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM648989?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM648989?w=Customer
  • Unit Count: 3
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.88101
  • Price per Sq Ft: 116.97
  • Close to Original List Price Ratio: 0.88101
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Interior Amenities: Open Floorplan, Solid Surface Counters, Window Treatments
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Levels: One
  • Street Number Modifier: 1624
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Private, Public, Sewer Connected, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R3
  • Parcel Number: 3577-003-011
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 3

Tax Info

  • Tax Annual Amount: 3296.55
  • Tax Block: C
  • Tax Book Number: U 014
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2022
Closed on
Jan 30, 2023
Sold by
Cotman Enterprises Inc
Bought by
Ishaan Investment Group Llc
Seller's Agent
Amber D'Andrea
RE/MAX ALLSTARS REALTY
Buyer's Agent
Rachel Rushing
KELLER WILLIAMS CORNERSTONE RE
List Price
$395,000
Sold Price
$348,000
Premium/Discount to List
-$47,000
-11.9%
Views
99
Current Estimated Value
$393,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,948
Avg. Annual Appreciation
4.65%
Original Mortgage
$313,200
Outstanding Balance
$303,266
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$90,682

Purchase Details

Closed on
Dec 27, 2004
Sold by
Suncoast Acoustics Inc
Bought by
Cotman Enterprises Inc
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
Ishaan Investment Group Llc -- --
Cotman Enterprises Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ishaan Investment Group Llc $313,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2023 01/30/23 Sold $348,000 -11.9% $117 / Sq Ft
12/15/2022 12/15/22 Pending -- -- --
12/15/2022 12/15/22 For Sale $395,000 0.0% $133 / Sq Ft
12/05/2022 12/05/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $395,000 -- $133 / 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 $4,425 $227,205 -- --
2023 $3,823 $168,300 $0 $0
2022 $3,297 $153,000 $0 $0
2021 $3,224 $143,438 $5,500 $137,938
2020 $3,060 $133,875 $5,500 $128,375
2019 $2,866 $119,340 $5,500 $113,840
2018 $2,626 $110,160 $5,500 $104,660
2017 $2,558 $105,570 $5,500 $100,070
2016 $2,443 $100,980 $0 $0
2015 $2,299 $91,800 $0 $0
2014 $2,220 $91,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM648989

Stellar MLS

APN: 3577-003-011