NOT LISTED FOR SALE

3025 SE 55th Ave Unit All units Ocala, FL 34480

Silver Spring Shores Neighborhood

Estimated Value: $400,196 - $504,000

2 Beds
2 Baths
3,417 Sq Ft
$137/Sq Ft Est. Value

Last Sold February 17, 2023

Last sale price $390,000 $114 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $3,016/month

8 Days on Market

Highlights

  • Racquetball
  • Patio
  • Tile Flooring
  • Forest High School Rated A-
  • Laundry closet
  • Central Heating and Cooling System

About This Home

As of February 2023

Income producing quadraplex in SE Ocala. Area of strong rental demand. All four units are 2 bed 2 bath, and metered separately for water and electricity, tenants pay for trash pick-up. Washer/Dryer stacked in each unit. Located close to shopping, schools, and public trans.

Last Agent to Sell the Property

Chris Swor

COLDWELL BANKER ELLISON REALTY O License #3243765 Listed on: 01/14/2023

COLDWELL BANKER ELLISON REALTY O

Last Buyer's Agent

Chris Swor

COLDWELL BANKER ELLISON REALTY O License #3243765 Listed on: 01/14/2023

COLDWELL BANKER ELLISON REALTY O

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,710

Year Built

  • Built in 1984

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100x110

HOA Fees

  • $47 Monthly HOA Fees

Home Design

  • 3,417 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Block Exterior

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, trash collection, water
  • Legal Lot and Block 5 / B
  • Assessor Parcel Number 29698-002-05

Community Details

Overview

  • 3,417 Sq Ft Building
  • Vine Management/ Louis Gahr Association, Phone Number (352) 812-8086
  • Greenfields Un 01 Subdivision

Recreation

  • Racquetball

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,710

Year Built

Built in 1984

Lot Details

0

HOA Fees

$47 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Wood Siding
  • Fireplace: No
  • Living Area: 3417
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 3417
  • Lot Size Sq Ft: 10913
  • Tenant Pays: Electricity, Trash Collection, Water
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM651502?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM651502?w=Customer
  • Unit Count: 1
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97744
  • Price per Sq Ft: 114.14
  • Close to Original List Price Ratio: 0.97744
  • Ratio: Current Price\Building Area Total: 114.14
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Interior Amenities: Other
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Paved
  • 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: Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Racquetball
  • Association Fee: 47.43
  • Association Fee Frequency: Monthly
  • Association Name: Vine Management/ Louis Gahr
  • Phone: 352-812-8086
  • Association: Yes
  • Senior Community: No
  • Association Email: info@vinemgt.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 569.16
  • Monthly HOA Fee: 47.43
  • Total Monthly Fees: 47.43

Lot Info

  • Zoning: R3
  • Parcel Number: 29698-002-05
  • Additional Parcels: No
  • Lot Dimensions: 100x110
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Lease Restrictions Y N: No

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4710
  • Tax Block: B
  • Tax Book Number: W-029
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2023
Closed on
Feb 17, 2023
Sold by
Barnard Robert Coleman
Bought by
Dph Diversified Llc
Seller's Agent
Chris Swor
COLDWELL BANKER ELLISON REALTY O
Buyer's Agent
Chris Swor
COLDWELL BANKER ELLISON REALTY O
List Price
$399,000
Sold Price
$390,000
Premium/Discount to List
-$9,000
-2.26%
Views
139
Current Estimated Value
$468,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,799
Avg. Annual Appreciation
7.08%
Original Mortgage
$292,500
Outstanding Balance
$283,322
Interest Rate
6.33%
Mortgage Type
New Conventional
Estimated Equity
$185,477

Purchase Details

Closed on
Mar 13, 2018
Sold by
Pioneer Capital Management Llc
Bought by
Barnard Donna May

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2016
Sold by
Dp Homes Llc
Bought by
Pioneer Capital Management Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,125
Interest Rate
3.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2014
Sold by
Pinkston Investments Llc
Bought by
Dp Homes Llc

Purchase Details

Closed on
Feb 3, 2012
Sold by
Bello William
Bought by
Pinkston Investments Llc

Purchase Details

Closed on
Dec 16, 2009
Sold by
Federal Deposit Insurance Corporation
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Mar 18, 2009
Sold by
Washington Mutual Bank
Bought by
Marion Property Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
10.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 13, 2009
Sold by
Nixon Tina Marie and Burney James
Bought by
Washington Mutual Bank

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
10.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 17, 2008
Sold by
Nixon Tina Marie and Burney James
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Nov 23, 2007
Sold by
Nixon Tina Marie and Nixon Gary Robert
Bought by
Nixon Tina Marie

Purchase Details

Closed on
Jun 29, 2007
Sold by
Nixon Tina Marie
Bought by
Nixon Tina Marie and Nixon Gary Robert

Purchase Details

Closed on
Mar 16, 2007
Sold by
Burney James
Bought by
Nixon Tina Marie

Purchase Details

Closed on
Jan 6, 2005
Sold by
Libera Joan Della and Burney James
Bought by
Burney James and Burney Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.6%
Mortgage Type
Purchase Money Mortgage
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
Dph Diversified Llc $390,000 --
Barnard Donna May $180,000 All American Title Ins Agenc
Pioneer Capital Management Llc $130,000 1St Quality Title Llc
Dp Homes Llc $125,500 1St Quality Title Llc
Pinkston Investments Llc $85,000 1St Quality Title Llc
Jpmorgan Chase Bank National Association -- North American Title Company
Marion Property Group Llc $109,000 North American Title Company
Washington Mutual Bank -- None Available
Washington Mutual Bank -- Attorney
Nixon Tina Marie -- None Available
Nixon Tina Marie -- None Available
Nixon Tina Marie -- None Available
Burney James -- Advantage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dph Diversified Llc $292,500
Previous Owner Barnard Donna May $144,000
Previous Owner Pioneer Capital Management Llc $94,125
Previous Owner Marion Property Group Llc $65,000
Previous Owner Burney James $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2023 02/17/23 Sold $390,000 -2.3% $114 / Sq Ft
01/23/2023 01/23/23 Pending -- -- --
01/14/2023 01/14/23 For Sale $399,000 -- $117 / 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 $6,039 $312,120 $25,000 $287,120
2023 $5,786 $293,760 $20,000 $273,760
2022 $4,907 $236,640 $20,000 $216,640
2021 $2,986 $151,304 $0 $0
2020 $2,967 $149,215 $0 $0
2019 $2,932 $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

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Map

Source: Stellar MLS

MLS Number: OM651502

Stellar MLS

APN: 29698-002-05