NOT LISTED FOR SALE

4950 SE 111th Ln Belleview, FL 34420

Estimated Value: $328,000 - $339,000

4 Beds
3 Baths
2,065 Sq Ft
$162/Sq Ft Est. Value

Last Sold June 20, 2025

Last sale price $335,000 $162 Per Sq Ft

Current estimated payment $2,114/month

121 Days on Market

About This Home

As of June 2025

Fully occupied triplex in the heart of Belleview, FL with stable income and established tenants in place.
Unit Layout: The triplex comprises three maintained units, 2- one bedroom/one bath units, 1- two bedroom one bath unit
Updates: include: 2 new water heaters in 2024, architectural shingle roof in 2017
Location: A central location in Belleview provides easy access to local schools, shopping centers, restaurants, medical facilities and major highways.

Last Agent to Sell the Property

Ashley Sexton

CRYSTAL SNOOK REAL ESTATE Brokerage Phone: 352-630-5270 License #3415414 Listed on: 01/09/2025

Co-Listed By

Crystal Snook

CRYSTAL SNOOK REAL ESTATE Brokerage Phone: 352-630-5270 License #3116024

Last Buyer's Agent

Clayton Wagner

COMPASS FLORIDA LLC License #3360453

COMPASS FLORIDA LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,385

Year Built

  • Built in 1985

Lot Details

  • 1.5 Acre Lot
  • Lot Dimensions are 205x317
  • Dirt Road

Home Design

  • 2,065 Sq Ft Home
  • Triplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Belleview Elementary School
  • Belleview Middle School
  • Belleview High School

Utilities

  • Ductless Heating Or Cooling System
  • Cooling System Mounted To A Wall/Window
  • Well
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Home Non Sub Subdivision

Building Details

  • Operating Expense $7,253
  • Gross Income $30,720

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,385

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Triplex
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2065
  • Lot Size Acres: 1.5
  • New Construction: No
  • Year Built: 1985
  • Lot Size Sq Ft: 65340
  • Number Of Lots: 1
  • Tenant Pays: Electricity, Trash Collection
  • Status: Sold
  • Street Direction: SE
  • Co List Office Mls Id: MFR271515789
  • Co List Office Phone: 352-630-5270
  • Ownership: Fee Simple
  • Escrow City: OCALA
  • Escrow State: FL
  • Escrow Street Name: NE 14th St Suite 500
  • RATIO Current Price By Calculate: 162.23
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • Attribution Contact: 352-630-5270
  • Tax Year: 2024
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Spa Yn: No
  • Living Area Meters: 191.84

Exterior Features

  • Exterior Features: Lighting, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Dirt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12083C0737D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Ductless
  • Laundry Features: None
  • Sewer: Septic Tank
  • Water Source: Well

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: Belleview Elementary School
  • High School: Belleview High School
  • Middle Or Junior School: Belleview Middle School

Lot Info

  • Zoning: B2
  • Parcel Number: 37400-006-03
  • Additional Parcels: No
  • Lot Dimensions: 205x317
  • Property Attached Yn: Yes
  • Flood Zone Code: X

Rental Info

  • Total Actual Rent: 2560
  • Terms Of Lease: Other

Multi Family

  • Gross Income: 30720
  • Number Of Units Total: 3
  • Total Num Buildings: 1
  • Unit Count: 3

Tax Info

  • Tax Annual Amount: 3385
  • Tax Block: 0
  • Tax Book Number: E-45
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2025
Closed on
Jun 20, 2025
Sold by
Stephan James C and James C & Beverly L Stephan Living Trust
Bought by
Hoppel Quincy and Hoppel Kaitlyn
Seller's Agent
Ashley Sexton
CRYSTAL SNOOK REAL ESTATE
Buyer's Agent
Clayton Wagner
COMPASS FLORIDA LLC
List Price
$369,900
Sold Price
$335,000
Premium/Discount to List
-$34,900
-9.43%
Views
52
Current Estimated Value
$333,580

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,420
Avg. Annual Appreciation
-0.81%
Original Mortgage
$268,000
Outstanding Balance
$267,305
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$66,275

Purchase Details

Closed on
Dec 16, 2011
Sold by
Triple Wind Llc
Bought by
Stephan James C and Stephan Beverly L

Purchase Details

Closed on
Dec 12, 2011
Sold by
U S Bank Na
Bought by
Triple Wind Llc

Purchase Details

Closed on
Jan 28, 2005
Sold by
Hauser Anne M and Cosentino Alex
Bought by
Vieira Jagranie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,800
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 26, 2002
Sold by
Hill James T and Hill Sheryl L
Bought by
Hauser Anne M and Cosentino Alex
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Hoppel Quincy $335,000 True Title
Stephan James C $57,000 Peer Title Inc
Triple Wind Llc $49,900 Lsi Title Agency Inc
Vieira Jagranie $116,000 Affiliated Title
Hauser Anne M $103,000 Advance Homestead Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoppel Quincy $268,000
Previous Owner Vieira Jagranie $92,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2025 06/20/25 Sold $335,000 -4.3% $162 / Sq Ft
05/10/2025 05/10/25 Pending -- -- --
04/14/2025 04/14/25 Price Changed $349,900 -2.8% $169 / Sq Ft
02/17/2025 02/17/25 Price Changed $359,900 -2.7% $174 / Sq Ft
01/09/2025 01/09/25 For Sale $369,900 -- $179 / 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 $4,448 $167,375 -- --
2024 $3,526 $152,159 -- --
2023 $3,526 $138,326 $0 $0
2022 $2,990 $125,751 $0 $0
2021 $2,875 $132,806 $32,670 $100,136
2020 $2,727 $123,435 $32,670 $90,765
2019 $2,451 $94,478 $9,000 $85,478
2018 $2,258 $87,210 $32,670 $54,540
2017 $2,204 $83,576 $39,741 $43,835
2016 $2,099 $79,942 $0 $0
2015 $1,981 $72,675 $0 $0
2014 $1,909 $71,528 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Ashley Sexton

    Seller's Agent in 2025

    Ashley Sexton

    CRYSTAL SNOOK REAL ESTATE

    (352) 817-3370

    10 in this area

    158 Total Sales

    Ashley Sexton
    Section Image
  • Crystal Snook

    Seller Co-Listing Agent in 2025

    Crystal Snook

    CRYSTAL SNOOK REAL ESTATE

    (352) 615-2644

    8 in this area

    108 Total Sales

    Crystal Snook
    Section Image
  • Clayton Wagner

    Buyer's Agent in 2025

    Clayton Wagner

    COMPASS FLORIDA LLC

    (352) 438-7656

    1 in this area

    75 Total Sales

    Clayton Wagner
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM692628

Stellar MLS

APN: 37400-006-03

Florida Marion County Belleview 34420

4950 SE 111th Ln, Belleview, FL

Not Listed for Sale

MultiFamily

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