NOT LISTED FOR SALE

2950 SE 53rd Ct Unit 1-4 Ocala, FL 34480

Silver Spring Shores Neighborhood

Estimated Value: $377,088 - $498,000

8 Beds
8 Baths
3,417 Sq Ft
$134/Sq Ft Est. Value

Last Sold November 29, 2021

Last sale price $320,000 $94 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $2,891/month

55 Days on Market

Highlights

  • No HOA
  • Eat-In Kitchen
  • Sliding Doors
  • Forest High School Rated A-
  • Built-In Features
  • Attic Fan

About This Home

As of November 2021

Quadraplex For Sale all units are two bedroom/two bathroom units. Monthly income $2,975. Yearly Income - $35,700. Expenses-insurance, tax, lawn care-$5,196/yr or $433/mo. Tenants pay water/trash & electric. Tax-$3,400, Insurance $1904.00. Stays 100% occupied. The property currently has a great property manager. The exterior was just painted. One unit has been rejuvenated as there has only been one tenant move out since current owner.
lease end dates
04/01/20-03/31/22
04/01/21-04/30/22
04/08/21-03/31/22
04/17/21-03/31/22

Last Agent to Sell the Property

Alex Williams

DALTON WADE INC License #3375121 Listed on: 08/24/2021

DALTON WADE INC

Last Buyer's Agent

Maria Urbano

US INTERAMERICAN REALTY LLC License #3020411

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,571

Year Built

  • Built in 1984

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100x110
  • Dog Run
  • Fenced

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,417 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Attic Fan
  • Eat-In Kitchen

Utilities

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

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3,500 Sq Ft Building
  • Greenfields 01 Subdivision

Building Details

  • Gross Income $33,700

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,571

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 3417
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 3500
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 10890
  • Tenant Pays: Electricity, Sewer, Water
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8134738?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8134738?w=Customer
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94118
  • Price per Sq Ft: 93.65
  • Close to Original List Price Ratio: 0.7619
  • Ratio: Current Price\Building Area Total: 91.43
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Attic Fan, Built in Features, Ceiling Fans(s), Eating Space In Kitchen, Thermostat, Window Treatments
  • Foundation Details: Slab
  • Levels: One
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Dog Run, Fenced, Other, Sliding Doors
  • 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

Garage/Parking

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

Utilities

  • Utilities: Cable Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R3
  • Parcel Number: 2969800112
  • Additional Parcels: No
  • Lot Dimensions: 100x110
  • Flood Zone Code: x

Rental Info

  • Total Actual Rent: 2975

Multi Family

  • Gross Income: 33700
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3571
  • Tax Block: A
  • Tax Book Number: W-029,GREENF
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Nov 3, 2021
Sold by
Brito Commercial Investment Inc
Bought by
Arias Carlos Humberto
Seller's Agent
Alex Williams
DALTON WADE INC
Buyer's Agent
Maria Urbano
US INTERAMERICAN REALTY LLC
List Price
$420,000
Sold Price
$320,000
Premium/Discount to List
-$100,000
-23.81%
Current Estimated Value
$457,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,772
Avg. Annual Appreciation
9.56%
Original Mortgage
$222,750
Outstanding Balance
$204,112
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$253,660

Purchase Details

Closed on
May 14, 2020
Sold by
Brito George
Bought by
Brito Commercial Investment Inc

Purchase Details

Closed on
Mar 6, 2020
Sold by
Fort King Villas Llc
Bought by
Brito George

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 18, 2014
Sold by
Bank Of America National Association
Bought by
Fort King Villas Llc

Purchase Details

Closed on
Jan 2, 2014
Sold by
Bbnt Reo Holdings Llc and Chinn Michael
Bought by
Bank Of America Na

Purchase Details

Closed on
Aug 25, 2008
Sold by
Davis William J
Bought by
Davis Edward A

Purchase Details

Closed on
May 18, 2007
Sold by
Davis Family Holding Co Llc
Bought by
Davis Jean K and Davis Edward A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2002
Sold by
Davis Nina L
Bought by
Davis Family Holding Company Llc
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
Arias Carlos Humberto $320,000 Marion Lake Sumter Title Llc
Brito Commercial Investment Inc -- Attorney
Brito George $240,000 Attorney
Fort King Villas Llc $76,000 Premium Title Services Inc
Bank Of America Na $31,600 Attorney
Davis Edward A -- Attorney
Davis Jean K $255,000 All American Land Title Insu
Davis Family Holding Company Llc $67,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arias Carlos Humberto $222,750
Previous Owner Brito George $180,000
Previous Owner Davis Jean K $127,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/29/2021 11/29/21 Sold $320,000 -5.9% $94 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
09/28/2021 09/28/21 Price Changed $340,000 -12.6% $100 / Sq Ft
09/25/2021 09/25/21 Price Changed $389,000 -7.4% $114 / Sq Ft
09/23/2021 09/23/21 For Sale $420,000 0.0% $123 / Sq Ft
09/10/2021 09/10/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $420,000 -- $123 / 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 $5,799 $286,334 -- --
2023 $5,475 $260,304 $0 $0
2022 $4,907 $236,640 $20,000 $216,640
2021 $3,868 $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 $2,803 $107,100 $0 $0
2015 $2,722 $102,000 $0 $0
2014 $2,385 $85,272 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Alex Williams

    Seller's Agent in 2021

    Alex Williams

    DALTON WADE INC

    (727) 418-1570

    2 in this area

    23 Total Sales

    Alex Williams
    Section Image
  • Maria Urbano

    Buyer's Agent in 2021

    Maria Urbano

    US INTERAMERICAN REALTY LLC

    (954) 253-3989

    2 in this area

    50 Total Sales

    Maria Urbano
    Section Image
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Map

Source: Stellar MLS

MLS Number: U8134738

Stellar MLS

APN: 29698-001-12

Florida Marion County Ocala 34480 Silver Spring Shores

2950 SE 53rd Ct Unit 1-4, Ocala, FL

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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