NOT LISTED FOR SALE

Estimated Value: $243,000 - $585,000

8 Beds
4 Baths
3,508 Sq Ft
$126/Sq Ft Est. Value

Last Sold January 18, 2024

Last sale price $530,000 $151 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $2,899/month

7 Days on Market

Highlights

  • Vaulted Ceiling
  • Sliding Doors
  • Central Heating and Cooling System
  • No HOA
  • Outdoor Storage
  • Ceiling Fan

About This Home

As of January 2024

Welcome to your next best investment! The growing town of Ocala is primed for purchasing this income producing Quadraplex property. Just 6 minutes from the popular and booming WORLD EQUESTRIAN CENTER, 10 minutes from the expanding DOWNTOWN Ocala with ample shopping and restaurants, and 5 minutes from Interstate 75. New paint inside and out, metal roofs on both units in 2021, new AC units and newer water heaters, and solid block buildings! With NEW CONSTRUCTION homes being built around the corner the area continues to grow.

BLDG 1 represents units 190 & 198 NW 53RD CT and BLDG 2 represents units 5350 & 5360 NW 2ND ST. All units being sold together so come view today!

Last Agent to Sell the Property

Lana Larrivee

PREFERRED RE BROKERS III Brokerage Phone: 407-440-4900 License #3445001 Listed on: 11/22/2023

PREFERRED RE BROKERS III

Last Buyer's Agent

Carole Kay

CAROLE KAY REALTY INC License #3034547

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,218

Year Built

  • Built in 1983

Lot Details

  • 0.45

Home Design

  • Quadruplex
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • Split Bedroom Floorplan
  • 3,508 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Sliding Doors

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • 0.45 Acre Lot

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Ocala Rdg Un 01 Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,218

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3508
  • Lot Size Acres: 0.45
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 19602
  • Status: Sold
  • Street Direction: NW
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 151.08
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 407-440-4900
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Primary Bedroom Main Floor, Split Bedroom, Vaulted Ceiling(s)
  • Foundation Details: Slab
  • ResoLivingAreaSource: Appraiser
  • Living Area Meters: 325.90

Exterior Features

  • Exterior Features: Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12083C0504E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • 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

Lot Info

  • Zoning: R2
  • Parcel Number: 2301-004-001
  • Additional Parcels: No
  • Flood Zone Code: X

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 2
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 4218
  • Tax Block: D
  • Tax Book Number: G-051OCALA
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2023
Closed on
Jan 16, 2024
Sold by
Larrivee Mitchell and Larrivee Lana
Bought by
Perales Jose
Seller's Agent
Lana Larrivee
PREFERRED RE BROKERS III
Buyer's Agent
Carole Kay
CAROLE KAY REALTY INC
List Price
$525,000
Sold Price
$530,000
Premium/Discount to List
$5,000
0.95%
Views
28
Current Estimated Value
$440,677

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$89,323
Avg. Annual Appreciation
-8.49%
Original Mortgage
$503,500
Outstanding Balance
$493,277
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$52,600

Purchase Details

Listed on
Dec 22, 2021
Closed on
Jan 25, 2022
Sold by
Asontasia Reynolds
Bought by
Larrivee Mitchell T and Larrivee Lana
Seller's Agent
Tahisia Scantling
RIGHT TURN REALTY
Buyer's Agent
Camilo Fajardo Gonzalez
LEGENDS REAL ESTATE PROFESSIONALS, INC
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.74%
Original Mortgage
$315,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2021
Sold by
Hamm Cecil R and Hamm Melinda A
Bought by
Maderson Darlene and Williams Asontasia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Perales Jose $530,000 Landtrust Title
Perales Jose $530,000 Landtrust Title
Larrivee Mitchell T $420,000 New Title Company Name
Maderson Darlene $215,000 Integrity Ttl & Guaranty Agc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perales Jose $503,500
Closed Perales Jose $503,500
Previous Owner Larrivee Mitchell T $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/18/2024 01/18/24 Sold $530,000 +1.0% $151 / Sq Ft
11/30/2023 11/30/23 Pending -- -- --
11/22/2023 11/22/23 For Sale $525,000 +25.0% $150 / Sq Ft
02/08/2022 02/08/22 Sold $420,000 -1.2% $120 / Sq Ft View Prior Sale
12/28/2021 12/28/21 Pending -- -- --
12/22/2021 12/22/21 For Sale $425,000 -- $121 / Sq Ft
Source: Stellar MLS

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 $7,335 $346,800 $31,500 $315,300
2024 $6,162 $319,770 $20,400 $299,370
2023 $5,745 $290,700 $10,200 $280,500
2022 $4,218 $192,780 $10,200 $182,580
2021 $3,974 $171,360 $5,400 $165,960
2020 $4,066 $183,600 $5,400 $178,200
2019 $3,761 $157,080 $5,400 $151,680
2018 $3,437 $145,860 $4,500 $141,360
2017 $3,197 $127,500 $6,000 $121,500
2016 $3,472 $122,400 $0 $0
2015 $3,723 $112,200 $0 $0
2014 $3,627 $112,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6159302

Stellar MLS

APN: 2301-004-001