NOT LISTED FOR SALE

16940 SE 101st Avenue Rd Summerfield, FL 34491

Estimated Value: $332,580 - $432,000

4 Beds
4 Baths
2,016 Sq Ft
$182/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $339,000 $168 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $2,298/month

102 Days on Market

Highlights

  • No HOA
  • Central Air
  • Heating Available
  • Solid Wood Cabinet
  • Fenced

About This Home

As of July 2024

Investors! 4 year old income producing duplex. 2 bed/2 bath units with oversized individually fenced in back yards for both units. Landscaped from porch area beautifully landscaped. Driveway can accommodate 2 vehicles per side. Each unit on its own well and septic. Located on a corner lot, this property is close to shopping, the villages, Belleview, and Ocala. There is no HOA or deed restrictions. 1 unit currently leased month to month at an under priced rate of 1k/month. Anticipated rent for each unit is 1400/month.

Last Agent to Sell the Property

Alexander Figueroa

XCELLENCE REALTY INC. Brokerage Phone: 866-595-6025 License #3401702 Listed on: 02/14/2024

XCELLENCE REALTY INC.

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,885

Year Built

  • Built in 2020

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 105x125
  • Fenced

Parking

  • 2 Parking Garage Spaces

Home Design

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

Interior Spaces

  • 2,016 Sq Ft Home
  • Blinds
  • Solid Wood Cabinet
  • Laundry in Kitchen

Outdoor Features

  • Rain Gutters

Schools

  • Stanton-Weirsdale Elem. Elementary School
  • Lake Weir Middle School
  • Belleview High School

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Well
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,184 Sq Ft Building
  • Orange Blossom Hills Un #16 Subdivision

Building Details

  • 2 Separate Electric Meters
  • Gross Income $33,600

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,885

Year Built

Built in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2016
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 2020
  • Building Area Total: 2184
  • Lot Size Sq Ft: 13068
  • Tenant Pays: Electricity
  • Directions to Property: Heading south on 441: make a slight right onto SE 167th Place road and take the 2nd left on SE 101st Ave Road. Last property on the right before passing SE 169th Lane. GPS/google maps takes you to precise location.
  • Status: Sold
  • Street Direction: SE
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow City: Ocala
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: SE 11th Ave
  • Escrow Street Number: 40
  • List Office Head Office Key Nume: 1050059
  • RATIO Current Price By Calculate: 168.15
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_NumAssignedParkingSpaces: 2
  • Attribution Contact: 866-595-6025
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Solid Wood Cabinets, Thermostat
  • Foundation Details: Slab
  • Window Features: Blinds
  • Street Number Modifier: 16940
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 187.29

Exterior Features

  • Exterior Features: Fence, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • 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
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Kitchen, Inside
  • Sewer: Septic Tank
  • Water Source: Well

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

Schools

  • Elementary School: Stanton-Weirsdale Elem. School
  • High School: Belleview High School
  • Middle Or Junior School: Lake Weir Middle School

Lot Info

  • Zoning: R4
  • Parcel Number: 4716-003-015
  • Additional Parcels: No
  • Lot Dimensions: 105x125
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1214

Green Features

  • Green Verification Count: 0

Multi Family

  • Gross Income: 33600
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 3885.18
  • Tax Block: 3
  • Tax Book Number: K-003ORANGE
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Jun 28, 2024
Sold by
Matos Marcos A
Bought by
Vassell Patrick Jamal
Seller's Agent
Alexander Figueroa
XCELLENCE REALTY INC.
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$419,900
Sold Price
$339,000
Premium/Discount to List
-$80,900
-19.27%
Views
122
Current Estimated Value
$367,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,895
Avg. Annual Appreciation
6.39%
Original Mortgage
$322,050
Outstanding Balance
$318,226
Interest Rate
7.02%
Mortgage Type
New Conventional
Estimated Equity
$49,669

Purchase Details

Closed on
Nov 12, 2019
Sold by
Trucks Cindra L
Bought by
Matos Marcos A
Source: Public Records

Range of Values:

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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
Vassell Patrick Jamal $339,000 None Listed On Document
Matos Marcos A $8,000 Signature Ttl & Fl Svcs Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vassell Patrick Jamal $322,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/01/2024 07/01/24 Sold $339,000 -3.1% $168 / Sq Ft
05/27/2024 05/27/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $350,000 -7.9% $174 / Sq Ft
04/05/2024 04/05/24 Price Changed $380,000 -3.8% $188 / Sq Ft
03/06/2024 03/06/24 Price Changed $395,000 -5.9% $196 / Sq Ft
02/14/2024 02/14/24 For Sale $419,900 -- $208 / 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 $4,412 $213,485 -- --
2023 $4,047 $194,077 $0 $0
2022 $3,493 $176,434 $0 $0
2021 $3,215 $160,395 $19,740 $140,655
2020 $301 $17,272 $17,272 $0
2019 $277 $17,272 $17,272 $0
2018 $256 $17,272 $17,272 $0
2017 $214 $12,831 $12,831 $0
2016 $200 $10,837 $0 $0
2015 $199 $9,852 $0 $0
2014 $181 $8,956 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM672865

Stellar MLS

APN: 4716-003-015

Florida Marion County Summerfield 34491

16940 SE 101st Avenue Rd, Summerfield, FL

This home is located at 16940 SE 101st Avenue Rd, Summerfield, FL 34491 since 14 February 2024 and is currently estimated at $367,895, approximately $182 per square foot. This property was built in 2020. 16940 SE 101st Avenue Rd is a home located in Marion County with nearby schools including Stanton-Weirsdale Elementary School, Lake Weir Middle School, and Belleview 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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