NOT LISTED FOR SALE

38045 Marka Rd Dade City, FL 33523

-- Bed
2 Baths
9,598 Sq Ft
12,197 Sq Ft Lot

Last Sold May 27, 2020

Last sale price $445,000 $46 Per Sq Ft

538 Days on Market

Highlights

  • View of Trees or Woods
  • Central Heating and Cooling System
  • High Speed Internet
  • No HOA

About This Home

As of May 2020

PRICE REDUCED! Now $495,000! INCOME PRODUCING MARKA DRIVE MOBILE HOME PARK OFFERED AT A HIGH CAP RATE OF APPROXIMATELY OVER 12%!!! LOCATED JUST NORTH OF DADE CITY OFF OF US HWY 301, THIS PROPERTY IS APPROXIMATELY 1.59 ACRES FEATURING 11 RESIDENTIAL MOBILE HOME RENTAL UNITS CONSISTING OF A MIX OF SINGLE AND DOUBLE WIDES. PARK STAYS CONSISTENTLY RENTED DUE TO AFFORDABLE RENT PRICES AND A QUIET, COUNTRY SETTING. LOW OVERHEAD COSTS AND LOWER COUNTY TAXES...PRIVATE TREED LINE SETTING AND ROAD DEAD ENDS FOR NO THROUGH TRAFFIC! ELECTRIC AND COUNTY WATER SEPERATELY METERED TO THE TENANTS WITH SEPTIC UTILITIES. ALL MOBILE HOME UNITS WILL CONVEY TO NEW OWNER. CURRENT RENT ROLL PROVIDED UPON REQUEST. ONE OF THE BEST WAYS TO MAKE A GREAT RETURN ON YOUR MONEY IN TODAY'S FINANCIAL CLIMATE. PROPERTY CONSISTS OF TEN SEPERATE PARCELS THAT ARE BEING SOLD TOGETHER. CALL TODAY TO SET UP A VIEWING!

Last Agent to Sell the Property

Brian Infantino

BINGHAM REALTY INC License #700275 Listed on: 11/18/2018

Last Buyer's Agent

Amber Counts

KING & ASSOCIATES REAL ESTATE LLC License #3418000

KING & ASSOCIATES REAL ESTATE LLC

Property Details

Home Type

  • Modular Prefabricated Home

Est. Annual Taxes

  • $423

Year Built

  • Built in 1970

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 376x231x322x231
  • The property's road front is unimproved
  • Street terminates at a dead end
  • Additional Parcels

Home Design

  • Steel Frame
  • Membrane Roofing
  • Metal Roof

Interior Spaces

  • 9,598 Sq Ft Home
  • Views of Woods

Parking

  • 4 Carport Spaces
  • Driveway

Schools

  • Lacoochee Elementary School
  • Pasco Middle School
  • Pasco High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 11 Units
  • 9,598 Sq Ft Building

Building Details

  • Gross Income $68,000

Property Details

Home Type

Modular Prefabricated Home

Est. Annual Taxes

$423

Year Built

Built in 1970

Lot Details

0.28 Acres

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Metal Frame
  • Fireplace: No
  • Living Area: 9598
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1970
  • Building Area Total: 9598
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 12121
  • Number Of Lots: 10
  • Tenant Pays: Water
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/E2400962?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/E2400962?w=Customer
  • Unit Count: 10
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Property Description: Modular, Out of M/H Community
  • Ratio: Close Price\List Price: 0.89899
  • Price per Sq Ft: 46.36
  • Close to Original List Price Ratio: 0.84762
  • Ratio: Current Price\Building Area Total: 46.36
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Number Of Buildings: 11
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Membrane, Metal
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • View: Trees/Woods
  • Waterfront: No
  • Road Surface Type: Unimproved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12101C0108F

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Driveway
  • Covered Parking Spaces: 4
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Water - Multiple Meters
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Deposits Y N: Yes

Schools

  • Elementary School: Lacoochee Elementary-PO
  • High School: Pasco High-PO
  • Middle Or Junior School: Pasco Middle-PO

Lot Info

  • Zoning: AC
  • Parcel Number: 26-23-21-0060-00000-0170
  • Additional Parcels: Yes
  • Lot Features: In County
  • Lot Dimensions: 376x231x322x231
  • Property Attached Yn: Yes
  • Millage Rate: 16.18
  • Flood Zone Code: X
  • Flood Zone Date: 2014-09-26
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 5667

Multi Family

  • Gross Income: 68000
  • Number Of Units Total: 11

Tax Info

  • Tax Annual Amount: 423.36
  • Tax Block: 00000
  • Tax Book Number: 8846/0625
  • Tax Lot: 17
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2020 05/27/20 Sold $445,000 -10.1% $46 / Sq Ft
05/09/2020 05/09/20 Pending -- -- --
10/23/2019 10/23/19 Price Changed $495,000 -5.7% $52 / Sq Ft
11/18/2018 11/18/18 For Sale $525,000 -- $55 / Sq Ft
Source: Stellar MLS

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
2026 $1,240 $54,768 $9,224 $45,544
2025 $1,240 $54,768 $9,224 $45,544
2024 $1,240 $48,072 $7,739 $40,333
2023 $1,159 $44,722 $7,739 $36,983
2022 $1,024 $40,815 $7,739 $33,076
2021 $968 $37,969 $6,900 $31,069
2020 $428 $15,893 $1,354 $14,539
2019 $423 $15,897 $1,354 $14,543
2018 $407 $15,369 $1,354 $14,015
2017 $388 $13,794 $1,039 $12,755
2016 $340 $13,188 $1,039 $12,149
2015 $333 $12,510 $1,039 $11,471
2014 $318 $12,452 $1,039 $11,413
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: E2400962

Stellar MLS

APN: 26-23-21-0060-00000-0170

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