NOT LISTED FOR SALE

217 SE 1st Ave Ocala, FL 34471

Downtown Ocala Neighborhood

Estimated Value: $1,814,755

Studio
1 Bath
16,379 Sq Ft
$111/Sq Ft Est. Value

Last Sold June 29, 2017

Last sale price $925,000 $56 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $11,976/month

Highlights

  • 1.18 Acre Lot
  • Wood Flooring
  • Heating Available
  • Eighth Street Elementary School Rated A-
  • Central Air
  • 1-Story Property

About This Home

As of June 2017

Excellent retail building 3 blocks south of the square

Last Agent to Sell the Property

Nolan Galloway

GUS GALLOWAY REALTY INC License #3057213 Listed on: 06/28/2017

Last Buyer's Agent

Nolan Galloway

GUS GALLOWAY REALTY INC License #3057213 Listed on: 06/28/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,585

Year Built

  • Built in 1936

Lot Details

  • 1.18 Acre Lot

Interior Spaces

  • 1 Full Bathroom
  • 1-Story Property

Flooring

  • Wood
  • Concrete
  • Vinyl

Parking

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

Utilities

  • Central Air
  • Heating Available

Community Details

  • 4 Buildings
  • 2 Units
  • 16,379 Sq Ft Building
  • Comm Nonsub Subdivision

Listing and Financial Details

  • Property Available on 6/30/17
  • Legal Lot and Block 68 / 68
  • Assessor Parcel Number 2823-068-000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,585

Year Built

Built in 1936

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Fireplace: No
  • Lot Size Acres: 1.18
  • New Construction: No
  • Year Built: 1936
  • Building Area Total: 16379
  • Lot Size Sq Ft: 51401
  • Status: Sold
  • Street Direction: SE
  • Total Acreage: One + to Two Acres
  • Water Access YN: 0
  • Sale Includes: Building(s) and Land
  • Last Date Available: 2017-06-30T00:00:00.000
  • Tax Year: 2018
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Concrete, Vinyl, Wood
  • Full Bathrooms: 1
  • Levels: One
  • Stories: 1

Exterior Features

  • Exterior Features: Other
  • Road Frontage Type: City Street
  • 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, Over 30 Spaces

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Zoning: B-3 Specialty Business
  • Parcel Number: 2823-068-000
  • Additional Parcels: No

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2017-06-30
  • Long Term YN: 0

Building Info

  • Building Features: Overhead Doors

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 4
  • Unit Count: 0

Tax Info

  • Tax Annual Amount: 13585.4
  • Tax Block: 68
  • Tax Book Number: E-001
  • Tax Lot: 68

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2017
Closed on
Jun 29, 2017
Sold by
Singletrack Real Estate Holding Company
Bought by
Bigwig 2 Llc
Seller's Agent
Nolan Galloway
GUS GALLOWAY REALTY INC
Buyer's Agent
Nolan Galloway
GUS GALLOWAY REALTY INC
List Price
$925,000
Sold Price
$925,000
Current Estimated Value
$1,814,755

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$889,755
Avg. Annual Appreciation
8.11%
Original Mortgage
$693,800
Outstanding Balance
$572,922
Interest Rate
4.02%
Mortgage Type
Commercial
Estimated Equity
$1,241,833

Purchase Details

Closed on
Jul 8, 2014
Sold by
Bank Of The Ozarks
Bought by
Singletrack Real Estate Holding Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$666,000
Interest Rate
4.17%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 12, 2012
Sold by
Colonial Square Shopping Center Inc
Bought by
Bank Of The Ozarks and The Park Avenue Bank

Purchase Details

Closed on
Sep 13, 2001
Sold by
Llorente Aurelio
Bought by
Colonial Square Shopping Center Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$825,000
Interest Rate
6.97%
Mortgage Type
Commercial
Source: Public Records
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
Bigwig 2 Llc $925,000 Attorney
Singletrack Real Estate Holding Company $520,000 Attorney
Bank Of The Ozarks $775,000 Attorney
Colonial Square Shopping Center Inc $825,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bigwig 2 Llc $693,800
Previous Owner Singletrack Real Estate Holding Company $666,000
Previous Owner Colonial Square Shopping Center Inc $825,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2017 06/29/17 Sold $925,000 0.0% $56 / Sq Ft
06/28/2017 06/28/17 Pending -- -- --
06/28/2017 06/28/17 For Sale $925,000 -- $56 / 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 $30,641 $1,381,323 -- --
2024 $28,887 $1,255,748 -- --
2023 $26,869 $1,141,589 $0 $0
2022 $22,249 $1,037,808 $0 $0
2021 $18,934 $838,976 $340,032 $498,944
2020 $16,508 $835,654 $340,032 $495,622
2019 $16,693 $837,446 $340,032 $497,414
2018 $15,461 $785,547 $515,200 $270,347
2017 $14,194 $710,441 $309,120 $401,321
2016 $14,152 $700,316 $0 $0
2015 $14,235 $702,120 $0 $0
2014 $13,290 $700,908 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Nolan Galloway

    Seller's Agent in 2017

    Nolan Galloway

    GUS GALLOWAY REALTY INC

    (352) 572-9109

    7 in this area

    79 Total Sales

    Nolan Galloway
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM520694

Stellar MLS

APN: 2823-068-000

Florida Marion County Ocala 34471 Downtown Ocala

217 SE 1st Ave, 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.

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
Your Personal Tour Guide

Ask me questions while you tour the home.