NOT LISTED FOR SALE

2818 NE 7th St Ocala, FL 34470

Northeast Ocala Neighborhood

Estimated Value: $399,843 - $524,000

2 Beds
1 Bath
3,916 Sq Ft
$118/Sq Ft Est. Value

Last Sold September 09, 2022

Last sale price $425,000 $109 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $3,066/month

7 Days on Market

Highlights

  • No HOA
  • Family Room Off Kitchen
  • Ceiling Fan
  • Vanguard High School Rated A-
  • Central Heating and Cooling System

About This Home

As of September 2022

Stable quad, new roofs, new hot water heaters, Three Kings Subdivision. Close to shopping, restaurants, doctors and churches. Each unit 978 sf, washer/ dryer hook ups, tenants provide their own w/d. Each unit has its own address and utilities. Owner provides water. 2818 is MTM $750, 2820 is $750 mo, 2822 has been completely remodeled, new cabinets and counter tops, vanity, toilet, sinks, tile floor, painting. 2824 is paying $750 mo and is vacating 8/30.

Last Agent to Sell the Property

Gene Mullis

MARION LAND & HOMES REALTY License #3255230 Listed on: 08/09/2022

Last Buyer's Agent

Gene Mullis

MARION LAND & HOMES REALTY License #3255230 Listed on: 08/09/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,096

Year Built

  • Built in 1978

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 120x130

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,916 Sq Ft Home
  • Ceiling Fan
  • Family Room Off Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Schools

  • Wyomina Park Elementary School
  • Fort King Middle School
  • Vanguard High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Three Kings Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,096

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3916
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1978
  • Lot Size Sq Ft: 15682
  • Directions to Property: Heading East on Silver Springs Blvd TL on NE 25th Avenue, TR on NE 7th Street quads are on the right.
  • Status: Sold
  • Street Direction: NE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM643887?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM643887?w=Customer
  • Unit Count: 1
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94444
  • Price per Sq Ft: 108.53
  • Close to Original List Price Ratio: 0.94444
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Thermostat
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Street Number Modifier: 2818
  • Number Of Buildings: 2
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: None

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Wyomina Park Elementary School
  • High School: Vanguard High School
  • Middle Or Junior School: Fort King Middle School

Lot Info

  • Zoning: R3
  • Parcel Number: 2812-000-005
  • Additional Parcels: No
  • Lot Dimensions: 120x130
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4096.05
  • Tax Block: 0/0
  • Tax Book Number: S-027
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2022
Closed on
Sep 9, 2022
Sold by
Emilio Vergara Jr and Emilio Pamela
Bought by
Gabsan Llc
Seller's Agent
Gene Mullis
MARION LAND & HOMES REALTY
Buyer's Agent
Gene Mullis
MARION LAND & HOMES REALTY
List Price
$450,000
Sold Price
$425,000
Premium/Discount to List
-$25,000
-5.56%
Current Estimated Value
$463,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,461
Avg. Annual Appreciation
3.63%

Purchase Details

Closed on
Oct 21, 2010
Sold by
Vergara Emilio D and Vergara Pamela
Bought by
Vergara Emilio D and Vergara Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,413
Interest Rate
3%
Mortgage Type
VA

Purchase Details

Closed on
Oct 17, 2000
Sold by
Vergara Louise and Vergara Virginia L
Bought by
Vergara Emilio D
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
Gabsan Llc $425,000 First American Title
Vergara Emilio D -- National Title Network Inc
Vergara Emilio D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vergara Emilio D $68,413
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Sold $425,000 -5.6% $109 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/09/2022 08/09/22 For Sale $450,000 -- $115 / 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
2023 $7,283 $358,530 $28,800 $329,730
2022 $4,370 $209,074 $0 $0
2021 $4,096 $204,000 $28,800 $175,200
2020 $3,235 $183,600 $28,800 $154,800
2019 $2,900 $157,080 $28,800 $128,280
2018 $2,651 $145,860 $28,800 $117,060
2017 $2,708 $146,625 $28,800 $117,825
2016 $2,632 $140,760 $0 $0
2015 $2,451 $129,030 $0 $0
2014 $2,281 $129,030 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2022

    Gene Mullis

    MARION LAND & HOMES REALTY

    (352) 843-1489

    4 in this area

    39 Total Sales

    Gene Mullis
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM643887

Stellar MLS

APN: 2812-000-005

Florida Marion County Ocala 34470 Northeast Ocala

2818 NE 7th St, Ocala, FL

This home is located at 2818 NE 7th St, Ocala, FL 34470 since 09 August 2022 and is currently estimated at $463,461, approximately $118 per square foot. This property was built in 1978. 2818 NE 7th St is a home located in Marion County with nearby schools including Wyomina Park Elementary School, Fort King Middle School, and Vanguard High School.

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

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