NOT LISTED FOR SALE

3950 SE 17th Ct Ocala, FL 34480

Estimated Value: $526,272 - $601,000

8 Beds
4 Baths
3,233 Sq Ft
$178/Sq Ft Est. Value

Sale Details

Date Sold: September 29, 2023

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

Est. 5% increase in value since last sale

Current estimated payment $3,737 / mo

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

  • 11,761 Sq Ft 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

0.27 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2023
Closed on
Sep 27, 2023
Sold by
Bought by
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
$575,068

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,068
Avg. Annual Appreciation
1.65%
Original Mortgage
$330,000
Outstanding Balance
$322,376
Interest Rate
7.18%
Mortgage Type
New Conventional
Estimated Equity
$252,693

Purchase Details

Closed on
Jun 28, 2013
Sold by
Bought by

Purchase Details

Closed on
Mar 26, 2007
Sold by
Bought by

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
Bought by

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
Bought by

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
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$550,000 None Listed On Document
$65,000 Attorney
$60,000 None Available
$250,000 Affiliated Title Of Marion C
$170,000 First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $330,000
Previous Owner $200,000
Previous Owner $153,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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Map

Source: Stellar MLS

MLS Number: OM662666

Stellar MLS

APN: 3120-001-004

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