NOT LISTED FOR SALE

Estimated Value: $559,000 - $659,000

12 Beds
6 Baths
4,724 Sq Ft
$132/Sq Ft Est. Value

Sale Details

Date Sold: October 5, 2018

Last sale price $274,500 $58 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $4,159 / mo

83 Days on Market

Highlights

  • 1 Acre Lot
  • Heating Available
  • 1-Story Property
  • Tile Flooring

About This Home

As of October 2018

Property consists of 3 duplexes (6 units), 2 units are 2/1, 4 units are 2/1.5. Each unit has it's own electric meter. 3 units fully remodeled within last two years, 3 units fully remodeled within the last 7 months. Highly desirable rent area. Good tenants who have lived there 3+ years, low turnover. Waiting list with potential tenants. 3 year old Roof on 4 units, 6 year old roof on 2 units. Units are across the street from a beautiful park and less than a mile from a middle school. Great location with close proximity to I-75 and downtown Ocala. Purchase price of $280k nets a 11% cap rate.

Last Agent to Sell the Property

Robert Gawel

CENTURY 21 LISTSMART License #3316492 Listed on: 05/02/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,992

Year Built

  • Built in 1972

Lot Details

  • 1 Acre Lot

Parking

  • 1 Carport Space

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1-Story Property
  • Tile Flooring

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Community Details

  • 12 Buildings
  • 6 Units
  • 4,724 Sq Ft Building
  • Comm Nonsub Subdivision

Listing and Financial Details

  • Property Available on 5/2/18
  • Assessor Parcel Number 22225-001-00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,992

Year Built

Built in 1972

Lot Details

1 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Lot Size Acres: 1
  • New Construction: No
  • Year Built: 1972
  • Building Area Total: 4724
  • Lease Term: Twenty Four Months
  • Lot Size Sq Ft: 44431
  • Status: Sold
  • Street Direction: NW
  • Total Acreage: 1/2 Acre to 1 Acre
  • Water Access YN: 0
  • Last Date Available: 2018-11-02T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 6
  • Total Bedrooms: 12
  • Levels: One
  • Stories: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Street Lights
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Zoning: R-2 One and Two Fam. Dwel
  • Parcel Number: 22225-001-00
  • Additional Parcels: No
  • Lot Features: Paved
  • Lot Dimensions: 120.0 ft x 370.0 ft

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2018-05-02
  • Long Term YN: 0

Multi Family

  • Number Of Units Total: 6
  • Total Num Buildings: 12
  • Unit Count: 0

Tax Info

  • Tax Annual Amount: 2991.69

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
Oct 3, 2018
Sold by
Bought by
Seller's Agent
Robert Gawel
CENTURY 21 LISTSMART
List Price
$280,000
Sold Price
$274,500
Premium/Discount to List
-$5,500
-1.96%
Current Estimated Value
$622,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$348,418
Avg. Annual Appreciation
11.09%
Original Mortgage
$192,080
Interest Rate
0.045%
Mortgage Type
Commercial

Purchase Details

Listed on
Aug 15, 2016
Closed on
Jan 10, 2017
Sold by
Bought by
Seller's Agent
Chris Swor
COLDWELL BANKER ELLISON REALTY O
Buyer's Agent
Chris Swor
COLDWELL BANKER ELLISON REALTY O
List Price
$219,000
Sold Price
$195,000
Premium/Discount to List
-$24,000
-10.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.85%
Original Mortgage
$182,898
Interest Rate
0.0408%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 21, 2014
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$274,400 Brick City Title Ins Agcy In
$195,000 Brick City Title Ins Agency
$65,000 Brick City Title Insurance A
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $192,080
Previous Owner $182,898
Previous Owner $50,000
Previous Owner $26,978
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/05/2018 10/05/18 Sold $274,500 -2.0% $58 / Sq Ft
07/25/2018 07/25/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $280,000 +43.6% $59 / Sq Ft
01/10/2017 01/10/17 Sold $195,000 -11.0% $41 / Sq Ft View Prior Sale
12/26/2016 12/26/16 Pending -- -- --
08/15/2016 08/15/16 For Sale $219,000 -- $46 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,301 $417,415
2024 $8,738 $379,468
2023 $8,738 $344,971
2022 $6,555 $313,610 $0 $0
2021 $6,144 $306,000 $17,340 $288,660
2020 $4,853 $275,400 $17,340 $258,060
2019 $4,350 $235,620 $17,340 $218,280
2018 $3,253 $179,010 $17,340 $161,670
2017 $2,992 $162,562 $17,340 $145,222
2016 $2,746 $146,880 $0 $0
2015 $2,557 $134,640 $0 $0
2014 $2,380 $134,640 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM535801

Stellar MLS

APN: 22225-001-00

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