$450,000
SOLD APR 8, 2025
6 Beds
3 Baths
3,168 Sq Ft
0.28 Acres

Recently Sold

$142 Per Sq Ft

5% Below List Price

16 Days on Market

Highlights

  • Solid Surface Countertops
  • No HOA
  • Sliding Doors
  • Forest High School Rated A-
  • Solid Wood Cabinet
  • Central Air

About This Home

As of April 2025

One or more photo(s) has been virtually staged. Don't miss this incredible residential income opportunity in Ocala's desirable Citrus Park neighborhood! This charming triplex features three spacious two-bedroom, one-bathroom units (A, B, and C), each with separate living and dining areas and 1,056 square feet of livable space. Units B and C have been beautifully remodeled with new flooring, cabinets, countertops, and fixtures. Additional upgrades include a 2017 roof, updated HVAC in Units A and B, and some newer windows. With a strong rental demand in the area, this property is a fantastic investment. Conveniently located near local amenities and surrounded by a mix of single-family and multi-family homes, the triplex also offers ample parking for residents and guests. Take advantage of this prime opportunity in a growing market!

Last Agent to Sell the Property

Terrica Lewis

HOMERUN REALTY Brokerage Phone: 352-624-0935 License #3545702 Listed on: 02/15/2025

HOMERUN REALTY

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,665

Year Built

  • Built in 1980

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 100x120

Home Design

  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 3,168 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Solid Surface Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

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

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,665

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 3168
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1980
  • Lot Size Sq Ft: 12197
  • Status: Sold
  • Street Direction: SE
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 142.05
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 352-624-0935
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Window Treatments
  • Foundation Details: Slab
  • Total Bedrooms: 6
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 294.32

Exterior Features

  • Exterior Features: Other, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Electric, Natural Gas
  • Laundry Features: Other
  • 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

Lot Info

  • Zoning: R1
  • Parcel Number: 3120-011-008
  • Additional Parcels: No
  • Lot Dimensions: 100x120
  • Flood Zone Code: x

Multi Family

  • Number Of Units Total: 3
  • Total Num Buildings: 1
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 4664.82
  • Tax Block: K
  • Tax Book Number: S-014CITRUS
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2025
Closed on
Apr 8, 2025
Sold by
Kalyana & Swathi Revocable Trust and Gundamaraju Kalyana
Bought by
Blue Wave Estates Llc
Seller's Agent
Terrica Lewis
HOMERUN REALTY
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Views
128
Current Estimated Value
$437,974

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,026
Avg. Annual Appreciation
-3.55%
Original Mortgage
$337,500
Outstanding Balance
$335,134
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$102,840

Purchase Details

Closed on
Oct 3, 2018
Sold by
Bel Berry Mozell and The Estate Of Mattie Patricia
Bought by
Litt Manor Estate Llc
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $75,000 None Listed On Document
Quit Claim Deed $75,000 None Listed On Document
Warranty Deed $450,000 None Listed On Document
Warranty Deed $450,000 None Listed On Document
Personal Reps Deed $125,000 Market Title Llc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $337,500 New Conventional
Closed $337,500 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2025 04/08/25 Sold $450,000 -5.3% $142 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
02/15/2025 02/15/25 For Sale $475,000 -- $150 / 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 $5,072 $178,894 -- --
2024 $4,665 $162,631 -- --
2023 $4,665 $147,846 -- --
2022 $3,995 $134,405 $0 $0
2021 $3,898 $177,480 $30,000 $147,480
2020 $3,508 $133,875 $15,000 $118,875
2019 $3,200 $100,980 $8,000 $92,980
2018 $2,984 $92,565 $8,000 $84,565
2017 $3,198 $105,570 $8,000 $97,570
2016 $3,150 $100,980 $0 $0
2015 $2,329 $91,800 $0 $0
2014 $2,250 $91,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM695107

Stellar MLS

APN: 3120-011-008