NOT LISTED FOR SALE

1728 SE 58 Ave Ocala, FL 34480

Silver Spring Shores Neighborhood

Estimated Value: $573,237

3 Beds
8 Baths
4,480 Sq Ft
$128/Sq Ft Est. Value

Last Sold February 13, 2018

Last sale price $335,000 $75 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $3,584/month

107 Days on Market

Highlights

  • 1.04 Acre Lot
  • Customized Wheelchair Accessible
  • Carpet
  • Forest High School Rated A-
  • Central Air
  • 1-Story Property

About This Home

As of February 2018

Excellent investment strip center with good net income. Fully leased with long term tenants in place. Aprrox 8% cap rate.

Last Agent to Sell the Property

Lance Schenker

BILL RODGERS REALTY License #3047977 Listed on: 08/21/2017

Last Buyer's Agent

Mark Debolt

MARK C. DEBOLT INC License #0547762

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,380

Year Built

  • Built in 1981

Lot Details

  • 1.04 Acre Lot
  • Lot Dimensions are 135x115
  • Property fronts a highway

Home Design

  • Shingle Roof
  • Concrete Siding
  • Cement Siding
  • Block Exterior
  • Stucco

Flooring

  • Carpet
  • Vinyl

Parking

  • Over 30 Parking Spaces
  • 13 to 18 Parking Spaces
  • 19 to 30 Parking Spaces

Utilities

  • Central Air
  • Heat Pump System
  • 220 Volts
  • Septic Tank

Additional Features

  • 1-Story Property
  • Customized Wheelchair Accessible

Listing and Financial Details

  • Property Available on 8/21/17
  • Legal Lot and Block 1 / D
  • Assessor Parcel Number 2969-004-001

Community Details

Overview

  • 16 Buildings
  • 8 Units
  • 4,480 Sq Ft Building
  • Evergreen Subdivision

Building Details

  • Gross Income $41,492
  • Net Operating Income $29,239

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,380

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Construction Materials: Block, Cement Siding, Concrete, Stucco
  • Fireplace: No
  • Lot Size Acres: 1.04
  • New Construction: No
  • Year Built: 1981
  • Accessibility Features: Customized Wheelchair Accessible
  • Building Area Total: 4480
  • Lease Term: Twenty Four Months
  • Lot Size Sq Ft: 45302
  • Status: Sold
  • Street Direction: SE
  • Total Acreage: One + to Two Acres
  • Water Access YN: 0
  • Sale Includes: Building(s) and Land
  • Last Date Available: 2018-08-18T00:00:00.000
  • Tax Year: 2018
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Levels: One
  • Stories: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Road Frontage Type: City Street, County Road, Highway
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Parking Spaces - 13 to 18, Parking Spaces - 19 to 30, Over 30 Spaces

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Electric: 220 Volts
  • Heating: Heat Pump
  • Sewer: Septic Tank
  • Water Source: Public

Lot Info

  • Zoning: B-2 Community Business
  • Parcel Number: 2969-004-001
  • Additional Parcels: No
  • Lot Features: Paved
  • Lot Dimensions: 135x115

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2017-08-21
  • Long Term YN: 0

Multi Family

  • Net Operating Income: 29239
  • Gross Income: 41492
  • Number Of Units Total: 8
  • Total Num Buildings: 16
  • Unit Count: 0

Tax Info

  • Tax Annual Amount: 4380
  • Tax Block: D
  • Tax Book Number: S-094
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2017
Closed on
Feb 12, 2018
Sold by
Aberle Mark Roland
Bought by
Alamar Development Llc
Seller's Agent
Lance Schenker
BILL RODGERS REALTY
Buyer's Agent
Mark Debolt
MARK C. DEBOLT INC
List Price
$365,000
Sold Price
$335,000
Premium/Discount to List
-$30,000
-8.22%
Current Estimated Value
$573,237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,237
Avg. Annual Appreciation
7.05%
Original Mortgage
$262,500
Outstanding Balance
$220,541
Interest Rate
3.95%
Mortgage Type
Commercial
Estimated Equity
$352,696

Purchase Details

Closed on
Jul 18, 2003
Sold by
Frl Inc
Bought by
Aberle Mark Roland
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alamar Development Llc $335,000 Brick City Title Ins Agency
Aberle Mark Roland $270,000 Associated Land Title Insura
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alamar Development Llc $262,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2018 02/13/18 Sold $335,000 -8.2% $75 / Sq Ft
12/07/2017 12/07/17 Pending -- -- --
08/21/2017 08/21/17 For Sale $365,000 -- $81 / 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
2025 $7,065 $374,754 -- --
2024 $6,083 $340,685 -- --
2023 $6,004 $333,142 $0 $0
2022 $5,594 $305,444 $0 $0
2021 $5,377 $281,634 $90,604 $191,030
2020 $5,441 $283,419 $90,604 $192,815
2019 $5,510 $284,486 $124,580 $159,906
2018 $5,157 $278,128 $124,580 $153,548
2017 $4,840 $257,621 $107,835 $149,786
2016 $4,562 $240,917 $0 $0
2015 $4,557 $236,814 $0 $0
2014 $4,173 $225,356 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lance Schenker

    Seller's Agent in 2018

    Lance Schenker

    BILL RODGERS REALTY

    (352) 362-1224

    5 in this area

    35 Total Sales

    Lance Schenker
    Section Image

  • M

    Buyer's Agent in 2018

    Mark Debolt

    MARK C. DEBOLT INC

    (352) 895-8492

    26 Total Sales

    Mark Debolt
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM523246

Stellar MLS

APN: 2969-004-001

Florida Marion County Ocala 34472 Silver Spring Shores

1728 SE 58 Ave, Ocala, FL

Not Listed for Sale

MultiFamily

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.

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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