NOT LISTED FOR SALE

5390 SE 28th Ln Unit ALL UNITS Ocala, FL 34480

Silver Spring Shores Neighborhood

Estimated Value: $376,719 - $491,000

8 Beds
8 Baths
3,417 Sq Ft
$130/Sq Ft Est. Value

Last Sold February 02, 2022

Last sale price $344,000 $101 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $2,982/month

3 Days on Market

Highlights

  • Tile Flooring
  • Sliding Doors
  • Wood Siding
  • Forest High School Rated A-
  • Central Heating and Cooling System

About This Home

As of February 2022

Fully leased, income producing quadraplex in SE Ocala. Great school zone, and value add opportunity with below market rents. All four units are 2 bed 2 bath, and metered separately for water and electricity, tenants pay for trash pick up. Located close to shopping, schools, and public transportation.

Last Agent to Sell the Property

Chris Swor

COLDWELL BANKER ELLISON REALTY O License #3243765 Listed on: 11/15/2021

COLDWELL BANKER ELLISON REALTY O

Last Buyer's Agent

Maria Urbano

US INTERAMERICAN REALTY LLC License #3020411

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,781

Year Built

  • Built in 1984

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 100x110

HOA Fees

  • $48 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 3,417 Sq Ft Home
  • Sliding Doors
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tenant pays for electricity, trash collection, water
  • Legal Lot and Block 12 / C
  • Assessor Parcel Number 29698-003-12

Community Details

Overview

  • 3,417 Sq Ft Building
  • Autumn Management/ Ann Chaffin Association, Phone Number (352) 895-8656
  • Greenfields Subdivision

Pet Policy

  • Pets Allowed

Building Details

  • Gross Income $32,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,781

Year Built

Built in 1984

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Wood Siding
  • Living Area: 3417.00
  • Lot Size Acres: 0.25
  • Year Built: 1984
  • Building Area Total: 3417.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM630340?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM630340?w=Customer
  • Lot Size Sq Ft: 10913
  • Tenant Pays: Electricity, Trash Collection, Water
  • Building Search Sq Meters: 317.45
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM630340?w=PubMLS
  • Directions to Property: From Baseline go West on SE 28th St to left on SE 55th Ave (Greenfields). Take first right on SE 28th Lane, property on left.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044878
  • Status: Sold
  • Street Direction: SE
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Living Area Meters: 317.45
  • Street Number Modifier: 5390

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Flood Zone Code: X
  • Road Surface Type: Paved

Utilities

  • Utilities: Electricity Connected, Public, Water - Multiple Meters
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Pet Restrictions: Please confirm with HOA for any restrictions.
  • Monthly HOA Fees: 48.00
  • Association Fee: 48.00
  • Association Fee Frequency: Monthly
  • Association Fee Requirement: Required
  • Association Name: Autumn management/ Ann Chaffin
  • Phone: 352-895-8656
  • Association: Yes

Fee Information

  • Total Annual Fees: 576.00
  • Total Monthly Fees: 48.00

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Zoning: R3
  • Parcel Number: 29698-003-12
  • Lot Dimensions: 100x110
  • Lot Size Square Meters: 1014

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Total Num Buildings: 1
  • Unit Count: 4
  • Gross Income: 32820
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 3781.00
  • Tax Block: C
  • Tax Book Number: W-029
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2021
Closed on
Feb 2, 2022
Sold by
Virginetta L Myers Family Trust
Bought by
Arias Carlos Humberto
Seller's Agent
Chris Swor
COLDWELL BANKER ELLISON REALTY O
Buyer's Agent
Maria Urbano
US INTERAMERICAN REALTY LLC
List Price
$349,000
Sold Price
$344,000
Premium/Discount to List
-$5,000
-1.43%
Current Estimated Value
$444,104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,104
Avg. Annual Appreciation
6.26%
Original Mortgage
$272,000
Outstanding Balance
$256,152
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$169,528

Purchase Details

Closed on
May 23, 2019
Sold by
Myers Virginetta L
Bought by
Myers Virginetta L and Virginetta L Myers Family Trus

Purchase Details

Closed on
Feb 25, 2000
Sold by
Louis Spiazzi
Bought by
Myers Virginetta L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,100
Interest Rate
8.29%
Source: Public Records

Range of Values:

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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
Arias Carlos Humberto $2,380 None Listed On Document
Myers Virginetta L -- Attorney
Myers Virginetta L $103,000 All American Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arias Carlos Humberto $272,000
Closed Arias Carlos Humberto $272,000
Previous Owner Myers Virginetta L $100,000
Previous Owner Myers Virginetta L $93,800
Previous Owner Myers Virginetta L $71,800
Previous Owner Myers Virginetta L $72,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2022 02/02/22 Sold $344,000 -1.4% $101 / Sq Ft
11/18/2021 11/18/21 Pending -- -- --
11/15/2021 11/15/21 For Sale $349,000 -- $102 / 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 $5,786 $293,760 $20,000 $273,760
2022 $4,302 $171,739 $0 $0
2021 $3,782 $165,240 $20,000 $145,240
2020 $3,571 $151,470 $20,000 $131,470
2019 $3,435 $145,860 $20,000 $125,860
2018 $3,022 $117,300 $20,000 $97,300
2017 $2,864 $107,100 $19,580 $87,520
2016 $2,770 $103,179 $0 $0
2015 $2,652 $93,799 $0 $0
2014 $2,385 $85,272 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM630340

Stellar MLS

APN: 29698-003-12