NOT LISTED FOR SALE

1658 SW 108th Ln Ocala, FL 34476

Estimated Value: $312,000 - $349,000

6 Beds
4 Baths
2,160 Sq Ft
$153/Sq Ft Est. Value

Last Sold June 13, 2023

Last sale price $340,000 $157 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,092/month

22 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Central Heating and Cooling System
  • West Port High School Rated A-

About This Home

As of June 2023

Great opportunity to take advantage of the tremendous rental market between Ocala and The Villages. The duplex has a total of 6 bedrooms and 4 bathrooms. Both units are 3 bedrooms and two bathrooms each.

Both units are rented for $1,500 per month. Total monthly rent is $3,000 per month.
HVAC is two years old for one of the units and is approximately 10 years old on the other.
Building will have a brand-new roof by May 10th.
Owner is a licensed Florida real estate agent.
Do not disturb tenants.
Accepted contract is required to be allowed interior inspection.

Last Agent to Sell the Property

Rance Kay

CENTRAL FLORIDA REALTY License #0114004 Listed on: 04/04/2023

Last Buyer's Agent

Rance Kay

CENTRAL FLORIDA REALTY License #0114004 Listed on: 04/04/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,006

Year Built

  • Built in 2004

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 139x137

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,160 Sq Ft Home
  • Open Floorplan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Septic Tank

Listing and Financial Details

Community Details

Overview

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

Building Details

  • Gross Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,006

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2160
  • Lot Size Acres: 0.44
  • New Construction: No
  • Year Built: 2004
  • Lot Size Sq Ft: 19166
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: From Ocala drive south on 475 Turn right on SW 107th Place into Quail Run Subdivision. The duplex is on the left side of the road as soon as the road bends.
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 529793706
  • RATIO Current Price By Calculate: 157.41
  • 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
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • Street Number Modifier: 1658
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 200.67

Exterior Features

  • Exterior Features: Lighting
  • Roof: Shingle
  • 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: Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R3
  • Parcel Number: 3577-002-012
  • Additional Parcels: No
  • Lot Dimensions: 139x137
  • Flood Zone Code: C
  • Lot Size Square Meters: 1781

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 3000

Multi Family

  • Gross Income: 36000
  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 3006.21
  • Tax Block: B
  • Tax Book Number: U-014
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 4, 2023
Closed on
Jun 13, 2023
Sold by
Kay Rance
Bought by
Hsf Ocala I Llc
Seller's Agent
Rance Kay
CENTRAL FLORIDA REALTY
Buyer's Agent
Rance Kay
CENTRAL FLORIDA REALTY
List Price
$375,000
Sold Price
$340,000
Premium/Discount to List
-$35,000
-9.33%
Views
229
Current Estimated Value
$329,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,433
Avg. Annual Appreciation
-1.32%
Original Mortgage
$230,000
Outstanding Balance
$190,216
Interest Rate
6.39%
Mortgage Type
Credit Line Revolving
Estimated Equity
$139,351

Purchase Details

Closed on
Apr 29, 2016
Sold by
Hicks Daniel and Slack Michael
Bought by
Dud To Darling Houses Llc

Purchase Details

Listed on
Dec 23, 2013
Closed on
Jan 16, 2014
Sold by
The Bank Of New York Mellon Trust Compan
Bought by
Kay Rance
Seller's Agent
Stephanie McCall
RE/MAX INNOVATION
Buyer's Agent
Rance Kay
CENTRAL FLORIDA REALTY
List Price
$75,000
Sold Price
$74,494
Premium/Discount to List
-$506
-0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.50%

Purchase Details

Listed on
Dec 23, 2013
Closed on
Dec 3, 2013
Sold by
Lumia Lisette
Bought by
The Bank Of New York Mellon Trust Compan and The Bank Of New York Trust Company Na
Seller's Agent
Stephanie McCall
RE/MAX INNOVATION
Buyer's Agent
Rance Kay
CENTRAL FLORIDA REALTY
List Price
$75,000
Sold Price
$74,494
Premium/Discount to List
-$506
-0.67%

Purchase Details

Closed on
Oct 23, 2012
Sold by
Marico Properties Inc
Bought by
Slack Michael J

Purchase Details

Closed on
Apr 5, 2006
Sold by
Lumia Mark R and Lumia Lisette M
Bought by
L Trust Service Llc and Trust #1658

Purchase Details

Closed on
Mar 28, 2006
Sold by
Trust #1658
Bought by
Lumia Mark R and Lumia Lisette M

Purchase Details

Closed on
Feb 22, 2006
Sold by
Lumia Mark R and Lumia Lisette M
Bought by
Trust #1658

Purchase Details

Closed on
Aug 2, 2004
Sold by
R C Woods Family Lp
Bought by
Lumia Lisette and Lumia Mark

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,195
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
Hsf Ocala I Llc $340,000 None Listed On Document
Dud To Darling Houses Llc $165,000 None Available
Kay Rance $74,500 Premium Title Services Inc
The Bank Of New York Mellon Trust Compan $50,100 None Available
Slack Michael J $18,000 Attorney
L Trust Service Llc -- None Available
Lumia Mark R -- None Available
Trust #1658 -- None Available
Lumia Lisette $143,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsf Ocala I Llc $230,000
Previous Owner Lumia Lisette $143,195
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/13/2023 06/13/23 Sold $340,000 -8.7% $157 / Sq Ft
04/27/2023 04/27/23 Pending -- -- --
04/13/2023 04/13/23 Price Changed $372,500 -0.7% $172 / Sq Ft
04/04/2023 04/04/23 For Sale $375,000 +403.4% $174 / Sq Ft
03/07/2022 03/07/22 Off Market $74,494 -- --
01/22/2014 01/22/14 Sold $74,494 -0.7% $34 / Sq Ft View Prior Sale
01/02/2014 01/02/14 Pending -- -- --
12/23/2013 12/23/13 For Sale $75,000 -- $35 / 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 $4,373 $242,250 -- --
2023 $3,505 $162,606 $0 $0
2022 $3,006 $147,824 $0 $0
2021 $2,789 $134,385 $5,500 $128,885
2020 $2,643 $126,480 $5,500 $120,980
2019 $2,471 $114,240 $5,500 $108,740
2018 $2,217 $102,765 $5,500 $97,265
2017 $2,065 $92,438 $5,500 $86,938
2016 $1,983 $88,740 $0 $0
2015 $1,919 $84,150 $0 $0
2014 $1,847 $84,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM655881

Stellar MLS

APN: 3577-002-012