NOT LISTED FOR SALE

5021 SE 29 St Ocala, FL 34471

Silver Spring Shores Neighborhood

Estimated Value: $345,102 - $436,000

36 Beds
20 Baths
16,563 Sq Ft
$24/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $650,000 $39 Per Sq Ft

Est. 39% decrease in value since last sale

Current estimated payment $2,540/month

77 Days on Market

Highlights

  • 1.86 Acre Lot
  • Wood Flooring
  • Central Air
  • Forest High School Rated A-
  • Landscaped with Trees
  • Heating Available

About This Home

As of May 2016

TOTAL OF 5 QUADRAPLEXES - 2 QUADS IN WHISPERING SANDS - 2 QUADS IN QUAIL RUN - THEN 1 QUAD IN CITRUS PARK - FULLY RENTED - GREAT INVESTMENT OPPORTUNITY! ALL CLOSE IN LOCATIONS - NEAR SHOPPING, SCHOOLS, RESTAURANTS! WHISPERING SANDS QUADS - EACH CONSISTS OF TWO (2) 2 BEDROOM/1 BATHS AND TWO (2) 1 BEDROOM/1 BATHS! THE 2 QUADS IN QUAIL RUN & 1 QUAD IN CITRUS PARK EACH HAVE 4 UNITS ALL WITH 2 BEDRMS/1 BATHS! SO THAT IS A TOTAL OF 36 APARTMENTS! THIS PRICE INCLUDES 5 TOTAL QUADS LOCATED AT 5031 SE 29 STREET - 5021 SE 29 STREET - 1801 SE 40 ST RD - 1755 SW 108 LANE - 1836 SW 109 PLACE - A GREAT DEAL!

Last Agent to Sell the Property

Donna Johnson-Phillips

RE/MAX FOXFIRE - HWY 40 License #0459674 Listed on: 02/24/2016

RE/MAX FOXFIRE - HWY 40

Last Buyer's Agent

Chris Swor

COLDWELL BANKER ELLISON REALTY O License #3243765

COLDWELL BANKER ELLISON REALTY O

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,935

Year Built

  • Built in 1982

Lot Details

  • 1.86 Acre Lot
  • Landscaped with Trees
  • Additional Parcels

Home Design

  • Frame Construction
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1-Story Property

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 36 Bedrooms
  • 20 Full Bathrooms

Parking

  • Over 30 Parking Spaces
  • 13 to 18 Parking Spaces
  • 19 to 30 Parking Spaces

Utilities

  • Central Air
  • Heating Available
  • Septic Tank
  • Cable TV Available

Community Details

  • 40 Buildings
  • 20 Units
  • 16,563 Sq Ft Building
  • Whisper Sands Subdivision

Listing and Financial Details

  • Property Available on 2/24/16
  • Legal Lot and Block 10 / A
  • Assessor Parcel Number 2972-001-010

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,935

Year Built

Built in 1982

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Concrete, Frame, Stucco
  • Fireplace: No
  • Lot Size Acres: 1.86
  • Year Built: 1982
  • Building Area Total: 16563
  • Lease Term: Twenty Four Months
  • Lot Size Sq Ft: 14375
  • Directions to Property: WHISPERING SANDS QUADS - GO EAST ON MARICAMP RD (SE 17 ST), TR ON SE 28 ST (MCDONALDS) GO PAST MAPLEWOOD ELEM SCHOOL THEN TURN RIGHT INTO WHISPERING SANDS, TR ON 29 ST TO QUADRA ON RIGHT
  • Status: Sold
  • Street Direction: SE
  • Co List Office Mls Id: MFR271500059
  • Co List Office Phone: 352-732-3344
  • List Office Head Office Key Nume: 1052129
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Sale Includes: Building(s) and Land
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 20
  • Total Bedrooms: 36
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5021
  • Room Count: 0

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Parking Spaces - 13 to 18, Parking Spaces - 19 to 30, Other, Over 30 Spaces

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Public

Lot Info

  • Zoning: R-3 Mulitple Family Dwell
  • Parcel Number: 2972-001-010
  • Additional Parcels Description: B: 3577-001-013 C: 3577-003-001 D: 3120-004-007
  • Additional Parcels: Yes
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2016-02-24
  • Long Term YN: 0

Multi Family

  • Number Of Units Total: 20
  • Total Num Buildings: 40
  • Unit Count: 0

Tax Info

  • Tax Annual Amount: 11935
  • Tax Block: A
  • Tax Book Number: T-028
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2021
Sold by
Siesta Coast Capital Llc
Bought by
Babs Development Llc
Total Days on Market
77
Current Estimated Value
$398,276

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,488,348
Interest Rate
5.75%
Mortgage Type
Balloon

Purchase Details

Listed on
Feb 24, 2016
Closed on
May 1, 2016
Bought by
Siesta Coast Capital Llc
Seller's Agent
Donna Johnson-Phillips
RE/MAX FOXFIRE - HWY 40
Buyer's Agent
Chris Swor
COLDWELL BANKER ELLISON REALTY O
List Price
$289,900
Sold Price
$650,000
Premium/Discount to List
$360,100
124.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.40%

Purchase Details

Closed on
Dec 17, 2012
Sold by
Andrikos Soterios and Andrikos Soto
Bought by
Andrikos Greg

Purchase Details

Closed on
Nov 15, 2012
Sold by
Andrikos Greg
Bought by
Andrikos Soterios and Andrikos Soto

Purchase Details

Listed on
May 26, 2011
Closed on
Mar 29, 2012
Sold by
Braswell Properties Inc
Bought by
Andrikos Greg and Andrikos Soto
Seller's Agent
Valerie Dailey
SHOWCASE PROPERTIES OF CENTRAL
Buyer's Agent
Cynthia Fitzpatrick
FITZPATRICK REAL ESTATE GROUP
List Price
$89,900
Sold Price
$66,000
Premium/Discount to List
-$23,900
-26.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.52%

Purchase Details

Closed on
Dec 1, 2008
Sold by
Braswell Anne S
Bought by
Braswell Properties Inc

Purchase Details

Closed on
Nov 20, 2001
Sold by
Culver Jared A and Culver Carol H
Bought by
Braswell Julian H and Braswell Anne S
Source: Public Records

Range of Values:

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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
Babs Development Llc $5,400,000 New Title Company Name
Siesta Coast Capital Llc $650,000 --
Andrikos Greg -- None Available
Andrikos Soterios -- Attorney
Andrikos Greg $66,000 Affiliated Title Of Marion C
Braswell Properties Inc $66,000 Attorney
Braswell Julian H $105,000 All American Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bdkm Investments Llc $4,914,700
Closed Babs Development Llc $4,488,348
Previous Owner Siesta Coast Capital Llc $990,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Off Market $650,000 -- --
05/05/2020 05/05/20 Off Market $66,000 -- --
05/31/2016 05/31/16 Sold $650,000 +124.2% $39 / Sq Ft
05/10/2016 05/10/16 Pending -- -- --
02/23/2016 02/23/16 For Sale $289,900 +339.2% $18 / Sq Ft
03/29/2012 03/29/12 Sold $66,000 -26.6% $22 / Sq Ft
02/15/2012 02/15/12 Pending -- -- --
05/23/2011 05/23/11 For Sale $89,900 -- $29 / 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
2023 $5,119 $233,376 $0 $0
2022 $4,520 $212,160 $20,000 $192,160
2021 $3,337 $146,880 $20,000 $126,880
2020 $3,124 $129,030 $20,000 $109,030
2019 $2,930 $112,200 $20,000 $92,200
2018 $2,617 $92,055 $20,000 $72,055
2017 $2,544 $87,210 $19,800 $67,410
2016 $2,358 $78,989 $0 $0
2015 $2,220 $71,808 $0 $0
2014 $2,416 $70,910 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Donna Johnson-Phillips

    Seller's Agent in 2016

    Donna Johnson-Phillips

    RE/MAX FOXFIRE - HWY 40

    (352) 843-1988

    23 in this area

    47 Total Sales

    Donna Johnson-Phillips
    Section Image
  • Chris Swor

    Buyer's Agent in 2016

    Chris Swor

    COLDWELL BANKER ELLISON REALTY O

    (352) 267-5579

    10 in this area

    52 Total Sales

    Chris Swor
    Section Image
  • Valerie Dailey

    Seller's Agent in 2012

    Valerie Dailey

    SHOWCASE PROPERTIES OF CENTRAL

    (352) 351-4718

    2 in this area

    178 Total Sales

    Valerie Dailey
    Section Image

  • C

    Buyer's Agent in 2012

    Cynthia Fitzpatrick

    FITZPATRICK REAL ESTATE GROUP

    (352) 361-3800

    31 in this area

    89 Total Sales

    Cynthia Fitzpatrick
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM439573

Stellar MLS

APN: 2972-001-010

Florida Marion County Ocala 34471 Silver Spring Shores

5021 SE 29 St, Ocala, FL

This home is located at 5021 SE 29 St, Ocala, FL 34471 since 24 February 2016 and is currently estimated at $398,276, approximately $24 per square foot. This property was built in 1982. 5021 SE 29 St is a home located in Marion County with nearby schools including Maplewood Elementary School, Osceola Middle School, and Forest High School.

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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