NOT LISTED FOR SALE

Estimated Value: $332,000 - $347,000

4 Beds
4 Baths
2,100 Sq Ft
$162/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $340,000 $162 Per Sq Ft

Current estimated payment $2,267/month

72 Days on Market

Highlights

  • No HOA
  • Solid Wood Cabinet
  • High Speed Internet
  • Vanguard High School Rated A-
  • Ceiling Fan
  • Heating System Mounted To A Wall or Window

About This Home

As of September 2024

Discover an exceptional investment opportunity in Northeast Ocala. Here is your chance to own a fully occupied, block quadplex consisting of identical 1 bed, 1 bath units. Each unit boasts long-term tenants, ensuring immediate rental income. The exterior of the building has been recently updated and painted. The property will need some TLC to realize full potential but there is a lot of sweat equity to be gained here. The city is growing rapidly. Nestled in a great location, this property is just minutes away from shopping, dining, golf courses, the Appleton Museum and Civic Theatre as well as convenient access to major highways and Downtown Ocala. Do not disturb residents. Call to schedule a showing today!

Last Agent to Sell the Property

Scott Simon

KELLER WILLIAMS ST PETE REALTY Brokerage Phone: 727-894-1600 License #3308185 Listed on: 06/27/2024

KELLER WILLIAMS ST PETE REALTY

Last Buyer's Agent

Stefanie Mattos

DASH REAL ESTATE COMPANY License #3486418

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,759

Year Built

  • Built in 1980

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,100 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Hammock Subdivision

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,759

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2100
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1980
  • Lot Size Sq Ft: 14810
  • Directions to Property: HWY 40 EAST TURN LEFT AT NE 49 TERRACE, BOB EVANS SIDE OF HWY 40. FOLLOW UNTIL YOU REACH NE 49 AVE, TURN RIGHT AND PROPERTY WILL BE ON THE LEFT
  • Status: Sold
  • Street Direction: NE
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 203884503
  • RATIO Current Price By Calculate: 161.90
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 727-894-1600
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Solid Wood Cabinets, Window Treatments
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Street Number Modifier: 2750
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 195.10

Exterior Features

  • Exterior Features: Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Wall Units / Window Unit
  • Laundry Features: None
  • Sewer: Public Sewer
  • Water Source: Public

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: R3
  • Parcel Number: 2420-003-000
  • Additional Parcels: No
  • Lot Dimensions: 100x150
  • Flood Zone Code: X
  • Lot Size Square Meters: 1376

Multi Family

  • Number Of Units Total: 4
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Water Meters: 1
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 4758.53
  • Tax Block: 000
  • Tax Book Number: F-066THE
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Sep 18, 2024
Sold by
Oc Residences Llc
Bought by
Tortuga Investments Fla Llc
Seller's Agent
Scott Simon
KELLER WILLIAMS ST PETE REALTY
Buyer's Agent
Stefanie Mattos
DASH REAL ESTATE COMPANY
List Price
$399,999
Sold Price
$340,000
Premium/Discount to List
-$59,999
-15%
Views
63
Current Estimated Value
$340,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$342
Avg. Annual Appreciation
0.11%

Purchase Details

Closed on
Feb 29, 2024
Sold by
Ocala Property Portfolio D Llc
Bought by
Oc Residences Llc

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
6.6%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 29, 2022
Sold by
Elder Planning Income Concepts Llc
Bought by
Ocala Property Portfolio D Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,051,000
Interest Rate
6.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2022
Sold by
Karpinski Mary M
Bought by
Elder Planning Income Concepts Llc

Purchase Details

Closed on
Oct 19, 2016
Sold by
Harris Leslie J
Bought by
Elder Planning Income Concepts Llc

Purchase Details

Closed on
Oct 1, 2016
Bought by
Ostermeyer Irrevocable Special

Purchase Details

Closed on
Aug 1, 2016
Bought by
Ostermeyer Irrevocable Special

Purchase Details

Closed on
May 21, 2016
Sold by
Zambuto Charles
Bought by
Earl Planning Income Concepts Llc

Purchase Details

Closed on
May 19, 2016
Sold by
Lagaipa Alfonsa
Bought by
Lagaipa Alfonsa and Zambuto Charles

Purchase Details

Closed on
May 13, 2013
Sold by
Ostermeyer Irrevocable Special Needs Tru
Bought by
Elder Planning Income Concepts Llc

Purchase Details

Closed on
Mar 21, 2011
Sold by
Reo Equity Holdings Llc
Bought by
Ostermeyer La Nelle

Purchase Details

Closed on
Feb 22, 2011
Sold by
Burrows Jeanene and Costa Rita Sue
Bought by
Elder Planning Income Concepts Llc

Purchase Details

Closed on
Feb 7, 2011
Sold by
Sesma Arturo and Lemon Eric
Bought by
Reo Equity Holdings Llc and The 2750 Ne 49Th Avenue Land Trust

Purchase Details

Closed on
Dec 27, 2005
Sold by
Wilson Charles E
Bought by
Sesma Arturo and Berkovits Issac

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
5.84%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 27, 2002
Sold by
Three Coins
Bought by
Wilson Charles E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,900
Interest Rate
6.1%
Source: Public Records

Range of Values:

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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
Tortuga Investments Fla Llc $340,000 First American Title
Oc Residences Llc $1,285,000 None Listed On Document
Ocala Property Portfolio D Llc $1,262,800 --
Ocala Property Portfolio D Llc $1,262,800 None Listed On Document
Elder Planning Income Concepts Llc $95,200 --
Karpinski Mary M -- Family First Firm
Karpinski Mary M $95,200 Epic Title
Elder Planning Income Concepts Llc $56,800 Midgett Law Firm Pllc
Ostermeyer Irrevocable Special $210,800 --
Ostermeyer Irrevocable Special $100 --
Earl Planning Income Concepts Llc $46,100 None Available
Lagaipa Alfonsa -- None Available
Lagaipa Alfonsa $56,100 None Available
Elder Planning Income Concepts Llc $48,700 --
Ostermeyer La Nelle $48,700 Attorney
Elder Planning Income Concepts Llc $53,600 None Available
Baney Doris E -- Attorney
Baney Doris E $53,600 None Available
Reo Equity Holdings Llc $20,200 Attorney
Sesma Arturo $167,500 Advance Homestead Title Inc
Wilson Charles E $81,200 Aaa Quality Title Svcs & Esc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oc Residences Llc $500,000
Previous Owner Ocala Property Portfolio D Llc $5,051,000
Previous Owner Sesma Arturo $33,500
Previous Owner Sesma Arturo $117,250
Previous Owner Wilson Charles E $60,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2024 09/20/24 Sold $340,000 -15.0% $162 / Sq Ft
09/08/2024 09/08/24 Pending -- -- --
08/20/2024 08/20/24 For Sale $399,999 0.0% $190 / Sq Ft
08/14/2024 08/14/24 Pending -- -- --
07/26/2024 07/26/24 Price Changed $399,999 -5.9% $190 / Sq Ft
06/27/2024 06/27/24 For Sale $425,000 -- $202 / 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 $5,125 $251,328 -- --
2023 $5,125 $228,480 $20,000 $208,480
2022 $3,783 $161,568 $0 $0
2021 $3,567 $146,880 $17,000 $129,880
2020 $3,133 $122,400 $17,000 $105,400
2019 $2,940 $106,590 $3,000 $103,590
2018 $2,706 $97,614 $3,000 $94,614
2017 $2,567 $88,638 $2,500 $86,138
2016 $2,363 $79,774 $0 $0
2015 $2,232 $72,522 $0 $0
2014 $2,156 $70,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8248282

Stellar MLS

APN: 2420-003-000