NOT LISTED FOR SALE

34 NW 21st Place Unit 1-4 Ocala, FL 34475

Northwest Ocala Neighborhood

Estimated Value: $273,000 - $398,867

6 Beds
4 Baths
2,695 Sq Ft
$132/Sq Ft Est. Value

Last Sold December 09, 2021

Last sale price $285,000 $106 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $2,247/month

31 Days on Market

Highlights

  • Access To Pond
  • Pond View
  • Central Heating and Cooling System
  • Vanguard High School Rated A-
  • No HOA
  • Combination Dining and Living Room

About This Home

As of December 2021

Quadraplex 100% leased, two- two bedroom-one bath units and two- one bedroom-one bath units. Tenants pay for water and electricity. Owner pays for trash at $56.00 per month. Income and expenses are as follows: Income is $2,450 per month or $31,850 per year. Expenses are tax $1,528 plus insurance at $1721 plus $696 for garbage for a total of $3,945 per year or $328.75 per month. Income minus expenses equals $27,905. The property is very consistent with long term tenants. Lease beginning and end dates are as follows: UNIT 34 08/01/21-07/31/22. UNIT 36 - 03/01/21-02/28/22. UNIT 38 -12/01/20-11/30/21. UNIT 40-10/16/20-10/31/21. This was of July 2021, some may have re-signed already. Showing with approved contract and proof of funds or pre-approval. This property is managed by a professional management company that may be retained if needed. This property has a CAP rate of 8%.

Last Agent to Sell the Property

Alex Williams

DALTON WADE INC License #3375121 Listed on: 09/14/2021

DALTON WADE INC

Last Buyer's Agent

Maria Gomez

License #3495124

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,529

Year Built

  • Built in 1981

Lot Details

  • 10,019

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,695 Sq Ft Home
  • Ceiling Fan
  • Combination Dining and Living Room
  • Pond Views

Outdoor Features

  • Access To Pond
  • Exterior Lighting

Utilities

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

Additional Features

  • 10,019 Sq Ft Lot
  • City Lot
  • Drainage Canal

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, sewer, water
  • Legal Lot and Block 12 / Park
  • Assessor Parcel Number 2511-012-000

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • North Roads Park Subdivision

Building Details

  • Gross Income $31,850

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,529

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Quadruplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2695
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1981
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 10019
  • Tenant Pays: Electricity, Sewer, Water
  • Status: Sold
  • Street Direction: NW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8136830?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8136830?w=Customer
  • Unit Count: 4
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98276
  • Price per Sq Ft: 105.75
  • Close to Original List Price Ratio: 0.82609
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Thermostat
  • Foundation Details: Slab
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View: Pond
  • Water Access: Pond
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water - Multiple Meters, Water 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: 2511-012-000
  • Additional Parcels: No
  • Lot Features: Drainage Canal, City Lot
  • Property Attached Yn: No
  • Flood Zone Code: x

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 2450

Multi Family

  • Gross Income: 31850
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 1528.94
  • Tax Block: Park
  • Tax Book Number: T-070,NORTH
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Dec 9, 2021
Sold by
Britto Commericial Investment Inc
Bought by
Arias Carlos Humberto
Seller's Agent
Alex Williams
DALTON WADE INC
Buyer's Agent
Maria Gomez
List Price
$345,000
Sold Price
$285,000
Premium/Discount to List
-$60,000
-17.39%
Current Estimated Value
$355,967

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,967
Avg. Annual Appreciation
5.90%
Original Mortgage
$232,000
Outstanding Balance
$213,322
Interest Rate
3.09%
Mortgage Type
New Conventional
Estimated Equity
$142,645

Purchase Details

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

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,750
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2020
Sold by
Korotayva Natalya
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
$14,750
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Korotayeva Natalya

Purchase Details

Closed on
Mar 23, 2010
Sold by
Countrywide Home Loans Inc
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
Mar 3, 2010
Sold by
Budhu Anthony J
Bought by
Countrywide Home Loans Inc

Purchase Details

Closed on
May 3, 2005
Sold by
Reily Paul A and Reily Annie Elizabeth
Bought by
Budhu Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,600
Interest Rate
5.88%
Mortgage Type
Fannie Mae Freddie Mac
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 $290,000 Gold Service Ttl Ins Agcy Co
Brito Commercial Investment Inc -- Attorney
Brito George $197,000 First American Title Ins Co
Korotayeva Natalya $22,600 Attorney
Federal Home Loan Mortgage Corp -- Attorney
Countrywide Home Loans Inc -- Attorney
Budhu Anthony $147,000 Superior Title Insurance Age
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arias Carlos Humberto $232,000
Previous Owner Brito George $14,750
Previous Owner Budhu Anthony $117,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2021 12/09/21 Sold $285,000 -1.7% $106 / Sq Ft
10/15/2021 10/15/21 Pending -- -- --
10/14/2021 10/14/21 Price Changed $290,000 -6.5% $108 / Sq Ft
09/25/2021 09/25/21 Price Changed $310,000 -10.1% $115 / Sq Ft
09/23/2021 09/23/21 For Sale $345,000 0.0% $128 / Sq Ft
09/16/2021 09/16/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $345,000 -- $128 / 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 $4,557 $190,067 -- --
2023 $4,228 $172,788 $0 $0
2022 $3,321 $157,080 $8,000 $149,080
2021 $3,104 $140,760 $8,000 $132,760
2020 $1,529 $107,100 $8,000 $99,100
2019 $1,334 $87,210 $8,500 $78,710
2018 $1,073 $62,016 $8,500 $53,516
2017 $970 $53,550 $8,500 $45,050
2016 $904 $47,124 $0 $0
2015 $814 $42,840 $0 $0
2014 $1,136 $64,260 $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

    1 in this area

    23 Total Sales

    Alex Williams
    Section Image

  • M

    Buyer's Agent in 2021

    Maria Gomez

    Section Image
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Map

Source: Stellar MLS

MLS Number: U8136830

Stellar MLS

APN: 2511-012-000

Florida Marion County Ocala 34470 Northwest Ocala

34 NW 21st Place 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.

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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