NOT LISTED FOR SALE

1883 NW 58th Ln Ocala, FL 34475

Northwest Ocala Neighborhood

Estimated Value: $1,273,969

-- Bed
2 Baths
10,000 Sq Ft
$127/Sq Ft Est. Value

Last Sold May 24, 2018

Last sale price $450,000 $45 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $8,152/month

33 Days on Market

Highlights

  • 2.04 Acre Lot
  • Central Air
  • Heating Available
  • Vanguard High School Rated A-
  • Fenced
  • 1-Story Property

About This Home

As of May 2018

Fully Leased Single Tenant Warehouse! 10,000 SF on 2.04 acres w/ M-2 Zoning. Leased through 4/30/18 with 4 yr option; now in second term on original 3 year lease. $50,000 Annual revenue. LL only pays Taxes/Ins at approx $12,500 per year. 9 offices, large cubicle area, break room, kitchenette. 9 offices, large open cubicle area, employee break-room, kitchenette. 2nd large area w/HVAC with 3 offices. 6 total restrooms. 2 dock, 1 ground level door. Large fenced, paved storage and yard. Excess Land.

Last Agent to Sell the Property

Sandon Wiechens

WIECHENS REALTY INC License #0614535 Listed on: 02/15/2018

Last Buyer's Agent

Nolan Galloway

GUS GALLOWAY REALTY INC License #3057213

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,884

Year Built

  • Built in 1987

Lot Details

  • 2.04 Acre Lot
  • Fenced

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property

Parking

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

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • 2 Buildings
  • 10,000 Sq Ft Building
  • N Ocala Ind Pk Subdivision

Listing and Financial Details

  • Property Available on 2/15/18
  • Tax Lot 14
  • Assessor Parcel Number 13445-001-14

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,884

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Fireplace: No
  • Lot Size Acres: 2.04
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 10000
  • Lot Size Sq Ft: 88862
  • Status: Sold
  • Street Direction: NW
  • Total Acreage: Two + to Five Acres
  • Water Access YN: 0
  • Sale Includes: Building(s) and Land
  • Last Date Available: 2018-08-31T00:00:00.000
  • Tax Year: 2018
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Levels: One
  • Stories: 1

Exterior Features

  • Exterior Features: Fence
  • 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, Other, Over 30 Spaces

Utilities

  • Utilities: Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Zoning: M-2 Heavy Industrial
  • Parcel Number: 13445-001-14
  • Additional Parcels: No

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2018-02-15
  • Long Term YN: 0

Multi Family

  • Number Of Units Total: 1
  • Total Num Buildings: 2
  • Unit Count: 0

Tax Info

  • Tax Annual Amount: 7884
  • Tax Book Number: V-050
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2021
Sold by
N & C 12 Llc
Bought by
Smk Ventures Llc
Current Estimated Value
$1,273,969

Purchase Details

Listed on
Feb 15, 2018
Closed on
May 24, 2018
Sold by
Southern Cypress Properties Llc
Bought by
N & C 12 Llc
Seller's Agent
Sandon Wiechens
WIECHENS REALTY INC
Buyer's Agent
Nolan Galloway
GUS GALLOWAY REALTY INC
List Price
$519,000
Sold Price
$450,000
Premium/Discount to List
-$69,000
-13.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.03%
Original Mortgage
$350,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 26, 2008
Sold by
Shipley Brian and Shipley Verona
Bought by
Southern Cypress Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Interest Rate
5.97%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 3, 2007
Sold by
Cullison Jerry B
Bought by
Shipley Brian and Shipley Verona

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 19, 2003
Sold by
Cullison Jerry B and Cullison Virginia P
Bought by
Cullison Jerry B and The Jerry B Cullison Revocable Trust
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Smk Ventures Llc $825,000 Attorney
N & C 12 Llc $450,000 1St Quality Title Llc
Southern Cypress Properties Llc $487,300 Attorney
Shipley Brian $750,000 Attorney
Cullison Jerry B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner N & C 12 Llc $350,000
Previous Owner Southern Cypress Properties Llc $680,000
Previous Owner Shipley Brian $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2018 05/24/18 Sold $450,000 -13.3% $45 / Sq Ft
03/21/2018 03/21/18 Pending -- -- --
02/15/2018 02/15/18 For Sale $519,000 -- $52 / 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 $17,804 $836,671 $128,850 $707,821
2023 $17,139 $781,635 $0 $0
2022 $15,976 $710,577 $115,521 $595,056
2021 $11,637 $421,937 $88,862 $333,075
2020 $11,224 $393,693 $88,862 $304,831
2019 $11,193 $387,624 $66,824 $320,800
2018 $8,331 $421,752 $66,824 $354,928
2017 $8,157 $409,700 $53,460 $356,240
2016 $7,884 $396,018 $0 $0
2015 $8,045 $399,761 $0 $0
2014 $7,424 $382,141 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandon Wiechens

    Seller's Agent in 2018

    Sandon Wiechens

    WIECHENS REALTY INC

    (352) 622-3214

    5 in this area

    80 Total Sales

    Sandon Wiechens
    Section Image
  • Nolan Galloway

    Buyer's Agent in 2018

    Nolan Galloway

    GUS GALLOWAY REALTY INC

    (352) 572-9109

    10 in this area

    86 Total Sales

    Nolan Galloway
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM531793

Stellar MLS

APN: 13445-001-14

Florida Marion County Ocala 34475 Northwest Ocala

1883 NW 58th Ln, Ocala, FL

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

Nearby Homes