NOT LISTED FOR SALE

5316 NE 14th Ave Ocala, FL 34479

Northeast Ocala Neighborhood

Estimated Value: $175,000 - $249,000

3 Beds
1 Bath
1,858 Sq Ft
$114/Sq Ft Est. Value

Last Sold January 12, 2023

Last sale price $181,000 $97 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,415/month

Highlights

  • No HOA
  • Shed
  • Central Air
  • Laundry Room
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of January 2023

Check out this turn-key duplex! Each unit is identical in size featuring three bedrooms, the main bathroom, and their own private laundry room. Both units are tenant occupied with leases in place. Located in the quiet North East side of town, occupants enjoy the peace and quiet while still just a short drive from shopping, restaurants etc. This opportunity offers lots of potential investment benefits, taking advantage of the cash flow, tax breaks, equity building, competitive risk-adjusted returns, and a hedge against inflation that real estate has to offer! Add this established duplex to your portfolio today!

Last Agent to Sell the Property

Joshua Henry

HOOK & LADDER REALTY OF CENTRAL FLORIDA, LLC License #3365529 Listed on: 12/26/2022

Last Buyer's Agent

Shirley Velasco

HOOK & LADDER REALTY OF CENTRAL FLORIDA, LLC License #3183512

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,309

Year Built

  • Built in 1965

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 120x120
  • Fenced

Home Design

  • Duplex
  • Bi-Level Home
  • Wood Frame Construction
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,858 Sq Ft Home
  • Ceiling Fan
  • Range with Range Hood
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Bathroom

Outdoor Features

  • Shed

Schools

  • Ocala Springs Elem. Elementary School
  • Howard Middle School
  • Vanguard High School

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,042 Sq Ft Building
  • Ocala Terrace Sec 01 Subdivision

Building Details

  • Gross Income $19,800

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,309

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Concrete, Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1858
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1965
  • Building Area Total: 2042
  • Lot Size Sq Ft: 14375
  • Status: Sold
  • Street Direction: NE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM650611?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM650611?w=Customer
  • Unit Count: 1
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.03429
  • Price per Sq Ft: 97.42
  • Close to Original List Price Ratio: 1.03429
  • Ratio: Current Price\Building Area Total: 88.64
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Range, Range Hood, Refrigerator
  • Total Bedrooms: 3
  • Levels: Two
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Fenced, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Limerock
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Ocala Springs Elem. School
  • High School: Vanguard High School
  • Middle Or Junior School: Howard Middle School

Lot Info

  • Zoning: R3
  • Parcel Number: 1511-008-002
  • Additional Parcels: No
  • Lot Dimensions: 120x120
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Multi Family

  • Gross Income: 19800
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2309.27
  • Tax Block: 8
  • Tax Book Number: C-005
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 26, 2022
Closed on
Jan 12, 2023
Sold by
Quirk Paxton
Bought by
Hyd22 Llc
Seller's Agent
Joshua Henry
HOOK & LADDER REALTY OF CENTRAL FLORIDA, LLC
Buyer's Agent
Shirley Velasco
HOOK & LADDER REALTY OF CENTRAL FLORIDA, LLC
List Price
$175,000
Sold Price
$181,000
Premium/Discount to List
$6,000
3.43%
Views
11
Current Estimated Value
$212,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,428
Avg. Annual Appreciation
5.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Hyd22 Llc $181,000 First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2023 01/12/23 Sold $181,000 +3.4% $97 / Sq Ft
12/26/2022 12/26/22 Pending -- -- --
12/26/2022 12/26/22 For Sale $175,000 -- $94 / 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 $3,675 $173,400 $27,390 $146,010
2024 $3,087 $159,885 $19,800 $140,085
2023 $2,594 $114,990 $0 $0
2022 $2,309 $104,536 $0 $0
2021 $2,193 $102,000 $10,000 $92,000
2020 $2,052 $91,800 $15,000 $76,800
2019 $1,899 $78,540 $15,000 $63,540
2018 $1,748 $72,930 $14,000 $58,930
2017 $1,757 $73,312 $14,000 $59,312
2016 $1,683 $70,380 $0 $0
2015 $1,593 $64,515 $0 $0
2014 $1,537 $64,515 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joshua Henry

    Seller's Agent in 2023

    Joshua Henry

    HOOK & LADDER REALTY OF CENTRAL FLORIDA, LLC

    (352) 512-0322

    14 in this area

    88 Total Sales

    Joshua Henry
    Section Image
  • Shirley Velasco

    Buyer's Agent in 2023

    Shirley Velasco

    HOOK & LADDER REALTY OF CENTRAL FLORIDA, LLC

    (352) 875-7284

    5 in this area

    81 Total Sales

    Shirley Velasco
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM650611

Stellar MLS

APN: 1511-008-002

Florida Marion County Ocala 34479 Northeast Ocala

5316 NE 14th Ave, Ocala, FL

Not Listed for Sale

MultiFamily

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

Nearby Homes