NOT LISTED FOR SALE

Estimated Value: $255,817 - $480,000

2 Beds
2 Baths
854 Sq Ft
$424/Sq Ft Est. Value

Last Sold November 07, 2016

Last sale price $135,000 $158 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $2,329/month

Highlights

  • Central Heating and Cooling System
  • Forest High School Rated A-
  • Dogs and Cats Allowed

About This Home

As of January 2021

So... you want an income producer? An AFFORDABLE income producer? Of course you do! Take advantage of this RARE opportunity to own a 4 unit property in SE Ocala for a fantastic price. Each unit is a 2 bedroom 2 bathroom - property is fully rented - produces gross income of $2100-2400 per month.WISE INVESTORS Take Note, and do not delay!

Last Agent to Rent the Property

Alex Hernandez

GREAT EXPECTATIONS REALTY, LLC License #3479829 Listed on: 01/22/2021

Last Renter's Agent

Alex Hernandez

GREAT EXPECTATIONS REALTY, LLC License #3479829 Listed on: 01/22/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,069

Year Built

  • Built in 1984

Lot Details

  • 0.25

Home Design

  • 854 Sq Ft Home
  • Half Duplex

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Maplewood Elementary School
  • Osceola Middle School
  • Forest High School

Additional Features

  • Lot Dimensions are 100x110
  • Central Heating and Cooling System

Community Details

  • Dogs and Cats Allowed
  • Breed Restrictions

Listing and Financial Details

  • Residential Lease
  • $50 Application Fee
  • Assessor Parcel Number 29698-002-02

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,069

Year Built

Built in 1984

Lot Details

0

Rental Info

  • Application Fee: 50
  • Long Term: Yes
  • Furnished: Unfurnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: Breed Restrictions, Cats OK, Dogs OK

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: 1/2 Duplex
  • Living Area: 854.00
  • Lot Size Acres: 0.25
  • Year Built: 1984
  • Lot Size Sq Ft: 10890
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Total Bedrooms: 2
  • Levels: One
  • Living Area Meters: 79.34

Utilities

  • Cooling: Central Air
  • Heating: Central

Condo/Co-op/Association

  • Pet Restrictions: This property is pet friendly; however, we do have limitations on the number of pets we can accept as well as breed restrictions. All pets must be on the rental application, and if accepted there is a nonrefundable $200 pet fee per pet.
  • Association Name: N A

Schools

  • Elementary School: Maplewood Elementary School-M
  • High School: Forest High School
  • Middle Or Junior School: Osceola Middle School

Lot Info

  • Parcel Number: 29698-002-02
  • Lot Dimensions: 100x110
  • Lot Size Square Meters: 1012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2016
Closed on
Nov 4, 2016
Sold by
Kalapp Michael Melton and Kalapp Nancy Loudene
Bought by
Haque Shahidul and Haque Nafizul J
Seller's Agent
Allison Penny
PRETTY PENNY PROPERTIES
List Price
$139,900
Sold Price
$135,000
Premium/Discount to List
-$4,900
-3.5%
Current Estimated Value
$362,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,454
Avg. Annual Appreciation
11.63%
Original Mortgage
$101,250
Outstanding Balance
$81,286
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$281,168

Purchase Details

Closed on
May 2, 2013
Sold by
Ocala Rentals Llc
Bought by
Kalapp Michael Melton and Kalapp Nancy Loudene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,750
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 9, 2009
Sold by
U S Bank National Association
Bought by
Ocala Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,250
Interest Rate
5.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 21, 2009
Sold by
Harryram Chatterpaul
Bought by
U S Bank National Association

Purchase Details

Closed on
Aug 22, 2005
Sold by
Hanuman Ramnarine
Bought by
Harryram Chatterpaul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
5.61%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 30, 2004
Sold by
Libera Joan Della and Burney James
Bought by
Hanuman Ramnarine
Source: Public Records

Range of Values:

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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
Haque Shahidul $135,000 First American Title Ins Co
Kalapp Michael Melton $105,000 1St Quality Title Llc
Ocala Rentals Llc $97,500 Rels Title
U S Bank National Association -- Attorney
Harryram Chatterpaul $235,000 Title Offices Llc
Hanuman Ramnarine $215,000 All American Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haque Shahidul $101,250
Previous Owner Kalapp Michael Melton $78,750
Previous Owner Ocala Rentals Llc $68,250
Previous Owner Harryram Chatterpaul $211,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2022 03/07/22 Off Market $135,000 -- --
01/29/2021 01/29/21 Rented $725 0.0% --
01/22/2021 01/22/21 For Rent $725 0.0% --
11/07/2016 11/07/16 Sold $135,000 -3.5% $40 / Sq Ft View Prior Sale
08/08/2016 08/08/16 Pending -- -- --
07/26/2016 07/26/16 For Sale $139,900 -- $41 / 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 $5,069 $207,804 -- --
2023 $4,811 $188,913 $0 $0
2022 $4,302 $171,739 $0 $0
2021 $3,782 $165,240 $20,000 $145,240
2020 $3,571 $151,470 $20,000 $131,470
2019 $3,435 $145,860 $20,000 $125,860
2018 $3,022 $117,300 $20,000 $97,300
2017 $2,864 $107,100 $19,580 $87,520
2016 $2,789 $105,524 $0 $0
2015 $2,670 $95,931 $0 $0
2014 $2,401 $87,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM614298

Stellar MLS

APN: 29698-002-02