NOT LISTED FOR SALE

2011 NW 40th St Ocala, FL 34475

Northwest Ocala Neighborhood

Estimated Value: $175,000 - $241,389

4 Beds
2 Baths
2,240 Sq Ft
$96/Sq Ft Est. Value

Last Sold October 19, 2020

Last sale price $119,000 $53 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,423/month

About This Home

As of October 2020

CALLING ALL INVESTORS! Here is two income producing properties currently leased out on .35 acres. Unit 1 is a 2/1 that qualifies for section 8 and rents for $900 a month. Unit 2 is a 3/1 that rents for $690 a month. Both units are 1120 square feet of living and are being sold together. These units are close to town off HWY 301 and Gainesville Road. See Attached for current leases and info.

Last Agent to Sell the Property

Nicholas Weitlauf

HOMERUN REALTY License #3465179 Listed on: 10/07/2020

HOMERUN REALTY

Last Buyer's Agent

Doug Kirkland

License #3238977

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,061

Year Built

  • Built in 1980

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 100x152

Home Design

  • 2,240 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Outdoor Features

  • Exterior Lighting

Schools

  • Evergreen Elementary School
  • Howard Middle School
  • Vanguard High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Home Acres Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,061

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2240
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1980
  • Lot Size Sq Ft: 15246
  • Status: Sold
  • Street Direction: NW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM609780?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM609780?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 53.13
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Foundation Details: Slab
  • Number Of Buildings: 2

Exterior Features

  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Evergreen Elementary School
  • High School: Vanguard High School
  • Middle Or Junior School: Howard Middle School

Lot Info

  • Zoning: R1
  • Parcel Number: 13932-001-00
  • Additional Parcels: No
  • Lot Dimensions: 100x152
  • Property Attached Yn: No
  • Flood Zone Code: X

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2061.04
  • Tax Block: A
  • Tax Book Number: D-005
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2004
Sold by
Commercial Federal Bank
Bought by
Wurtz Jeane M Watkins
Current Estimated Value
$214,597

Purchase Details

Closed on
May 27, 2003
Sold by
Greene Ronald Edward
Bought by
Commercial Federal Bank
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
Wurtz Jeane M Watkins $57,000 Consumer Title & Escrow Serv
Commercial Federal Bank -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2020 10/19/20 Sold $119,000 0.0% $53 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
10/07/2020 10/07/20 For Sale $119,000 -- $53 / 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 $3,704 $153,560 -- --
2024 $3,000 $139,600 -- --
2023 $2,843 $126,909 $0 $0
2022 $2,621 $115,372 $0 $0
2021 $2,306 $104,884 $4,550 $100,334
2020 $2,219 $101,081 $5,250 $95,831
2019 $2,061 $88,287 $3,500 $84,787
2018 $1,900 $82,411 $3,150 $79,261
2017 $1,841 $78,476 $2,625 $75,851
2016 $1,767 $75,501 $0 $0
2015 $1,703 $71,125 $0 $0
2014 $1,595 $68,201 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nicholas Weitlauf

    Seller's Agent in 2020

    Nicholas Weitlauf

    HOMERUN REALTY

    (352) 875-7638

    3 in this area

    151 Total Sales

    Nicholas Weitlauf
    Section Image

  • D

    Buyer's Agent in 2020

    Doug Kirkland

    Section Image
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Map

Source: Stellar MLS

MLS Number: OM609780

Stellar MLS

APN: 13932-001-00

Florida Marion County Ocala 34475 Northwest Ocala

2011 NW 40th St, 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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