NOT LISTED FOR SALE

Estimated Value: $181,000 - $253,000

3 Beds
1.5 Baths
1,670 Sq Ft
$135/Sq Ft Est. Value

Last Sold June 20, 2023

Last sale price $160,000 $96 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $1,425/month

3 Days on Market

Highlights

  • City View
  • Property is near public transit
  • Wood Flooring
  • Forest High School Rated A-
  • Living Room with Fireplace
  • End Unit

About This Home

As of June 2023

Looking for a property with great possibility? Look no further than this three-bedroom, one-and-a-half-bathroom home located in a prime spot - just 5 minutes from downtown Ocala. While this home is in need of some TLC, its location and zoning more than make up for it. Not only is this property zoned R3 for single family dwellings, but it also allows for the possibility of multiple family dwellings along with numerous other permitted uses. Whether you're looking to renovate the existing home or build something entirely new, the choice is yours. Location would make for IDEAL Airbnb potential. The home itself sits on a generous corner lot that's just shy of half an acre in size, IN CITY LIMITS. With plenty of outdoor space to work with, you can let your imagination run wild and create the backyard oasis of your dreams. Inside, the home features three spacious bedrooms and a large living area with built in fireplace that's perfect for relaxing or entertaining friends & family. Extra den space, inside laundry room and double garage area are other highlights. Located within minutes to shopping, nightlife & hospitals, don't miss out on this rare opportunity to own a property in such a sought-after location with so much potential. Schedule a viewing today and see for yourself!

Last Agent to Sell the Property

Steven Billington

EXP REALTY LLC License #3422778 Listed on: 05/16/2023

EXP REALTY LLC

Last Buyer's Agent

NATHANIEL SULEIMAN

CENTRAL CITY REALTY License #3462284

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,471

Year Built

  • Built in 1948

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 150x130
  • East Facing Home
  • Chain Link Fence
  • Corner Lot
  • Landscaped with Trees
  • Property is zoned R3

Parking

  • 2 Car Attached Garage

Home Design

  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,670 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Stone Fireplace
  • Living Room with Fireplace
  • Den
  • City Views
  • Crawl Space
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Wood
  • Linoleum

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Exterior Lighting
  • Rear Porch

Location

  • Property is near public transit

Schools

  • South Ocala Elementary School
  • Osceola Middle School
  • Forest High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Natural Gas Connected
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palm Terrace Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,471

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Vinyl Siding
  • Fireplace: Yes
  • Living Area: 1670
  • Lot Size Acres: 0.45
  • New Construction: No
  • Year Built: 1948
  • Building Area Total: 1670
  • Lot Size Sq Ft: 19602
  • Number Of Lots: 1
  • Directions to Property: From Historic Downtown Ocala, Head east on W Fort King St toward S Magnolia Ave, Turn right at the 1st cross street onto S Magnolia Ave, Turn right onto SE 3rd Ave, Destination will be on the right.
  • Status: Sold
  • Street Direction: SE
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Escrow City: Ocala
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: NE 25th Ave
  • Escrow Street Number: 521
  • Floor Number: 1
  • List Office Head Office Key Nume: 1041803
  • RATIO Current Price By Calculate: 95.81
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • Property Description: Corner Unit
  • AG Exemption YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Stone
  • Living Area Units: Square Feet
  • Flooring: Linoleum, Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Other, Thermostat
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 1824
  • Has Basement: Crawl Space
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 155.15
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: Lighting, Other, Sidewalk
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: City
  • Waterfront: No
  • Patio and Porch Features: Rear Porch
  • Road Surface Type: Paved
  • Disclosures: Lead Paint
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Other
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

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

Schools

  • Elementary School: South Ocala Elementary School
  • High School: Forest High School
  • Middle Or Junior School: Osceola Middle School

Lot Info

  • Zoning: R3
  • Parcel Number: 3095-002-013
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Corner Lot, City Limits, Near Public Transit, Sidewalk, Paved
  • Lot Dimensions: 150x130
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1821
  • Zoning Compatible YN: 1

Green Features

  • Green Verification Count: 0

Tax Info

  • Tax Annual Amount: 2471.42
  • Tax Block: B
  • Tax Book Number: D-088
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 27, 2018
Sold by
Leyte Vidal Josephine and Leyte Vidal Oscar
Bought by
Leyte Vidal Josephine and The Josephine Leyte Vidal Revo
Total Days on Market
3
Current Estimated Value
$224,905

Purchase Details

Closed on
Oct 22, 2009
Sold by
Cope David G
Bought by
Leyte Vidal Oscar and Leyte Vidal Josephine

Purchase Details

Closed on
Feb 15, 2006
Sold by
Gordon Dale A and Gordon Ellen D
Bought by
Cope David G
Source: Public Records

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Range of Values:

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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
Leyte Vidal Josephine -- Attorney
Leyte Vidal Oscar $75,000 Ocala Land Title Insurance A
Cope David G $107,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gordon Dale A $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2023 06/20/23 Sold $160,000 0.0% $96 / Sq Ft
05/20/2023 05/20/23 Pending -- -- --
05/20/2023 05/20/23 Off Market $160,000 -- --
05/16/2023 05/16/23 For Sale $199,999 -- $120 / 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 $2,774 $118,692 $0 $0
2022 $2,471 $107,902 $0 $0
2021 $2,138 $120,264 $43,200 $77,064
2020 $1,677 $95,836 $28,800 $67,036
2019 $1,497 $81,068 $14,400 $66,668
2018 $1,366 $75,176 $10,800 $64,376
2017 $1,303 $72,768 $10,800 $61,968
2016 $1,144 $61,196 $0 $0
2015 $1,119 $58,906 $0 $0
2014 $1,043 $59,009 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM658071

Stellar MLS

APN: 3095-002-013