NOT LISTED FOR SALE

Estimated Value: $484,086 - $574,000

8 Beds
8 Baths
3,782 Sq Ft
$136/Sq Ft Est. Value

Last Sold March 31, 2023

Last sale price $480,000 $127 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,231/month

78 Days on Market

Highlights

  • No HOA
  • Forest High School Rated A-
  • Central Heating and Cooling System

About This Home

As of March 2023

EXCEPTIONAL INVESTMENT OPPORTUNITY! Located just minutes from downtown Ocala and area shopping and restaurants as well as medical facilities. Currently there are tenants in place which is perfect for immediate income with no down time. Newer roof 2021.

Last Agent to Sell the Property

Romel Camacho

TCT REALTY GROUP LLC License #3217640 Listed on: 12/03/2022

Last Buyer's Agent

Jarrod Cruz

TROPIC SHORES REALTY LLC License #3379809

TROPIC SHORES REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,346

Year Built

  • Built in 1984

Lot Details

  • 0.34 Acre Lot

Home Design

  • 3,782 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Schools

  • Maplewood Elementary School
  • Osceola Middle School
  • Forest High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Whispering Sand #Ii Subdivision

Building Details

  • Operating Expense $7,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,346

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3782
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1984
  • Lot Size Sq Ft: 14810
  • Status: Sold
  • Street Direction: SE
  • Ownership: Fee Simple
  • Escrow City: OCALA
  • Escrow State: FL
  • Escrow Street Name: SE 1st ave
  • RATIO Current Price By Calculate: 126.92
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other, Thermostat
  • Foundation Details: Slab
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 351.36

Exterior Features

  • Exterior Features: Other, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12083C0537D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Septic Tank
  • 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: Maplewood Elementary School-M
  • High School: Forest High School
  • Middle Or Junior School: Osceola Middle School

Lot Info

  • Zoning: R3
  • Parcel Number: 2974-003-015
  • Additional Parcels: No
  • Flood Zone Code: X

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 0

Tax Info

  • Tax Annual Amount: 4346
  • Tax Block: C
  • Tax Book Number: V-096
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2022
Closed on
Mar 31, 2023
Sold by
Shah Rentals & Agri Llc
Bought by
Hsf Ocala I Llc
Seller's Agent
Romel Camacho
TCT REALTY GROUP LLC
Buyer's Agent
Jarrod Cruz
TROPIC SHORES REALTY LLC
List Price
$479,900
Sold Price
$480,000
Premium/Discount to List
$100
0.02%
Views
82
Current Estimated Value
$513,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,022
Avg. Annual Appreciation
2.39%
Original Mortgage
$310,000
Outstanding Balance
$243,191
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Estimated Equity
$269,831

Purchase Details

Listed on
Jan 12, 2018
Closed on
Apr 13, 2018
Sold by
Cmk Ocala Llc
Bought by
Shah Rentals And Llc
Seller's Agent
Andrea Proeber
GREAT EXPECTATIONS REALTY, LLC
Buyer's Agent
Romel Camacho
TCT REALTY GROUP LLC
List Price
$179,900
Sold Price
$162,500
Premium/Discount to List
-$17,400
-9.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.40%

Purchase Details

Closed on
Nov 20, 2013
Sold by
Kannankeril Charles and Kannankeril Mary C
Bought by
Cmk Ocala 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 Buyer Sale Price Title Company
Hsf Ocala I Llc $480,000 Equitable Title
Shah Rentals And Llc $162,500 First International Title In
Cmk Ocala Llc -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsf Ocala I Llc $310,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/31/2023 03/31/23 Sold $480,000 0.0% $127 / Sq Ft
02/20/2023 02/20/23 Pending -- -- --
02/14/2023 02/14/23 For Sale $479,900 0.0% $127 / Sq Ft
01/10/2023 01/10/23 Pending -- -- --
01/04/2023 01/04/23 For Sale $479,900 0.0% $127 / Sq Ft
12/06/2022 12/06/22 Pending -- -- --
12/03/2022 12/03/22 For Sale $479,900 +195.3% $127 / Sq Ft
04/17/2018 04/17/18 Sold $162,500 -9.7% $36 / Sq Ft View Prior Sale
03/28/2018 03/28/18 Pending -- -- --
01/12/2018 01/12/18 For Sale $179,900 -- $40 / 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 $6,802 $312,120 -- --
2024 $6,039 $312,120 -- --
2023 $4,860 $194,140 $0 $0
2022 $4,346 $176,491 $0 $0
2021 $3,823 $165,240 $20,000 $145,240
2020 $3,569 $145,860 $20,000 $125,860
2019 $3,374 $132,600 $20,000 $112,600
2018 $2,882 $108,528 $20,000 $88,528
2017 $2,746 $100,980 $18,672 $82,308
2016 $2,536 $89,760 $0 $0
2015 $2,383 $81,600 $0 $0
2014 $2,329 $82,620 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM649682

Stellar MLS

APN: 2974-003-015