NOT LISTED FOR SALE

3950 SE 17th Ct Ocala, FL 34480

Estimated Value: $441,000 - $632,000

8 Beds
4 Baths
3,233 Sq Ft
$180/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $550,000 $170 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,628/month

18 Days on Market

Highlights

  • No HOA
  • Forest High School Rated A-
  • Central Air

About This Home

As of September 2023

Rarely available quadruplex in the highly sought after SE area of Ocala. Only one mile South of South Ocala Elementary School.
This property is in a very high demand area for rentals and is in a very convenient area of Ocala. Additionally, the four units are all getting new water heaters, electric upgrades and the building is a receiving a new roof on or before September 10th.

Last Agent to Sell the Property

Rance Kay

CENTRAL FLORIDA REALTY Brokerage Phone: 352-427-9092 License #0114004 Listed on: 08/12/2023

Last Buyer's Agent

Rance Kay

CENTRAL FLORIDA REALTY Brokerage Phone: 352-427-9092 License #0114004 Listed on: 08/12/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,974

Year Built

  • Built in 1981

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 70x120

Home Design

  • 3,233 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stone Siding

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Split Bedroom Floorplan
  • 4 Bathrooms

Outdoor Features

  • Rain Gutters

Schools

  • South Ocala Elementary School
  • Osceola Middle School
  • Forest High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Thermostat
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 4 Units
  • Citrus Park Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,974

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Stone, Wood Frame
  • Fireplace: Yes
  • Living Area: 3233
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1981
  • Lot Size Sq Ft: 11761
  • Status: Sold
  • Street Direction: SE
  • Ownership: Fee Simple
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: SE First Avenue
  • RATIO Current Price By Calculate: 170.12
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Split Bedroom, Thermostat
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 300.36

Exterior Features

  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: South Ocala Elementary School
  • High School: Forest High School
  • Middle Or Junior School: Osceola Middle School

Lot Info

  • Zoning: R3
  • Parcel Number: 3120-001-004
  • Additional Parcels: No
  • Lot Dimensions: 70x120
  • Flood Zone Code: AE

Rental Info

  • Total Actual Rent: 4600

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 4

Tax Info

  • Tax Annual Amount: 4974.44
  • Tax Block: A
  • Tax Book Number: S-014
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2023
Closed on
Sep 27, 2023
Sold by
3851 Saa Llc
Bought by
Luckx Venice E
Seller's Agent
Rance Kay
CENTRAL FLORIDA REALTY
Buyer's Agent
Rance Kay
CENTRAL FLORIDA REALTY
List Price
$600,000
Sold Price
$550,000
Premium/Discount to List
-$50,000
-8.33%
Views
92
Current Estimated Value
$580,670

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$30,670
Avg. Annual Appreciation
2.42%
Original Mortgage
$330,000
Outstanding Balance
$322,376
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$258,295

Purchase Details

Closed on
Jun 28, 2013
Sold by
Turner Clive and Watson Barbara
Bought by
3851 Saa Inc

Purchase Details

Closed on
Mar 26, 2007
Sold by
Turner Clive
Bought by
Watson Barbara and Turner Clive

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2007
Sold by
Louinord Ketner and Louinord Rolande
Bought by
Turner Clive

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 31, 2004
Sold by
Bledsoe Craig W and Bledsoe Rebecca A
Bought by
Louinord Ketner and Louinord Rolande

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
8.57%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Luckx Venice E $550,000 None Listed On Document
3851 Saa Inc $65,000 Attorney
Watson Barbara $60,000 None Available
Turner Clive $250,000 Affiliated Title Of Marion C
Louinord Ketner $170,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luckx Venice E $330,000
Previous Owner Turner Clive $200,000
Previous Owner Louinord Ketner $153,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/29/2023 09/29/23 Sold $550,000 -8.3% $170 / Sq Ft
08/31/2023 08/31/23 Pending -- -- --
08/12/2023 08/12/23 For Sale $600,000 -- $186 / 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
2025 $7,462 $343,332 -- --
2024 $6,743 $312,120 -- --
2023 $5,624 $196,783 $0 $0
2022 $4,974 $178,894 $0 $0
2021 $4,730 $171,360 $30,000 $141,360
2020 $4,525 $159,120 $15,000 $144,120
2019 $4,250 $134,640 $8,000 $126,640
2018 $3,954 $123,420 $8,000 $115,420
2017 $3,781 $112,200 $8,000 $104,200
2016 $3,645 $100,980 $0 $0
2015 $2,582 $91,800 $0 $0
2014 $2,503 $91,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rance Kay

    CENTRAL FLORIDA REALTY

    (352) 694-1300

    2 in this area

    20 Total Sales

    Rance Kay
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM662666

Stellar MLS

APN: 3120-001-004

Florida Marion County Ocala 34480

3950 SE 17th Ct, Ocala, FL

Not Listed for Sale

MultiFamily

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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