NOT LISTED FOR SALE

1642 SW 2nd St Ocala, FL 34471

Southeast Ocala Neighborhood

Estimated Value: $62,000 - $81,000

2 Beds
1 Bath
1,128 Sq Ft
$65/Sq Ft Est. Value

Last Sold May 20, 2016

Last sale price $27,000 $24 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $486/month

46 Days on Market

Highlights

  • Race Track
  • No HOA
  • 1-Story Property
  • Dr. N.H. Jones Elementary School Rated A-

About This Home

As of May 2016

This home has been an investment rental property for 15 years with the same renters there paying every month. Step into this opportunity and immediately begin getting a rapid return on your investment. The current tenants have no desire to move, you simply take over as landlord and start collecting rent! This is a 768 square foot concrete block single family home with 2 bedrooms and 1 bath located at 1642 SW 2nd St Ocala, Florida.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $356

Year Built

  • Built in 1956

Lot Details

  • 4,356 Sq Ft Lot
  • Property is zoned Single Family Residential

Parking

  • 1 Carport Space

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,128 Sq Ft Home
  • 1-Story Property
  • Laminate Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Horse Facilities and Amenities

  • Race Track

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • Rheinauer Ad Subdivision

Listing and Financial Details

  • Property Available on 3/2/16
  • Legal Lot and Block 13 / 93
  • Assessor Parcel Number 22573-000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$356

Year Built

Built in 1956

Lot Details

0

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1128
  • Lot Size Acres: 0.1
  • New Construction: No
  • Year Built: 1956
  • Building Area Total: 768
  • Lot Size Sq Ft: 4356
  • Directions to Property: Merge onto I-75 N Take exit 352 for FL-40 toward Ocala/Silver Springs T/R on FL-40 E/W Silver Springs Blvd T/R on SW 24th St/SW Martin Luther King Jr Ave T/R at the 2nd cross street onto SW 2nd St
  • Status: Sold
  • Street Direction: SW
  • List Office Head Office Key Nume: 164134808
  • RATIO Current Price By Calculate: 23.94
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Barn Features: None
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Appliances Included: Refrigerator
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1642
  • Room Count: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: Single Family Residential
  • Parcel Number: 22573-000-00
  • Additional Parcels: No
  • Lot Features: Other, Paved
  • Horse Amenities: None, Race Track
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2016-03-02
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 356
  • Tax Block: 93
  • Tax Book Number: A-112
  • Tax Lot: 13

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 24, 2024
Sold by
Francis Sharon M
Bought by
Nisa & Nazim Inc
Total Days on Market
46
Current Estimated Value
$73,205

Purchase Details

Listed on
Mar 2, 2016
Closed on
May 20, 2016
Sold by
Stanyk Associates Inc
Bought by
Francis Sharon
List Price
$35,000
Sold Price
$27,000
Premium/Discount to List
-$8,000
-22.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.65%

Purchase Details

Closed on
Oct 19, 2005
Sold by
Croskey Alta Mae and Croskey William
Bought by
Stadnyk Associates Inc
Source: Public Records

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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
Nisa & Nazim Inc $100 None Listed On Document
Francis Sharon $27,000 First International Title
Stadnyk Associates Inc $35,000 Ameriland Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Croskey William $31,325
Previous Owner Croskey William $28,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Off Market $27,000 -- --
05/20/2016 05/20/16 Sold $27,000 -22.9% $24 / Sq Ft
04/17/2016 04/17/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $35,000 -- $31 / 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 $903 $32,358 $0 $0
2022 $729 $29,416 $0 $0
2021 $657 $29,460 $3,640 $25,820
2020 $445 $24,311 $3,640 $20,671
2019 $427 $24,273 $3,640 $20,633
2018 $370 $20,386 $910 $19,476
2017 $363 $19,666 $910 $18,756
2016 $364 $19,455 $0 $0
2015 $356 $18,754 $0 $0
2014 $325 $18,388 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: OM439963

Stellar MLS

APN: 22573-000-00

Florida Marion County Ocala 34471 Southeast Ocala

1642 SW 2nd St, Ocala, FL

This home is located at 1642 SW 2nd St, Ocala, FL 34471 since 02 March 2016 and is currently estimated at $73,205, approximately $64 per square foot. This property was built in 1956. 1642 SW 2nd St is a home located in Marion County with nearby schools including Dr. N.H. Jones Elementary School, Liberty Middle School, and Forest 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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