NOT LISTED FOR SALE

620 NW 7th Ave Ocala, FL 34475

Northwest Ocala Neighborhood

Estimated Value: $73,000 - $113,000

5 Beds
1 Bath
1,590 Sq Ft
$58/Sq Ft Est. Value

Last Sold May 10, 2024

Last sale price $65,000 $41 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $665/month

147 Days on Market

About This Home

As of May 2024

INVITING POTENTIAL INVESTORS,
Presenting a noteworthy investment prospect: a 5 bedroom, two bathroom property with excellent flip potential, conveniently situated near downtown. interested buyers are expected to manage permit fees and comply with all applicable city regulations. contact me today to arrange a viewing appointment.

Last Agent to Sell the Property

Danny Singh

RE/MAX PREMIER REALTY LADY LK Brokerage Phone: 352-753-2029 License #3492613 Listed on: 11/29/2023

RE/MAX PREMIER REALTY LADY LK

Last Buyer's Agent

Danny Singh

RE/MAX PREMIER REALTY LADY LK Brokerage Phone: 352-753-2029 License #3492613 Listed on: 11/29/2023

RE/MAX PREMIER REALTY LADY LK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,043

Year Built

  • Built in 1907

Lot Details

  • 7,405 Sq Ft Lot
  • East Facing Home
  • Property is zoned R2

Home Design

  • 1,590 Sq Ft Home
  • Shingle Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association
  • Snowdens Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,043

Year Built

Built in 1907

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 1590
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1907
  • Building Area Total: 1590
  • Lot Size Sq Ft: 7405
  • Status: Sold
  • Street Direction: NW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 147.72
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 40.88
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-753-2029
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: None
  • Foundation Details: Other
  • Total Bedrooms: 5
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 147.72

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12083C0509E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Other
  • Cooling: Other
  • Heating: Other
  • Sewer: Other
  • Water Source: None

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

Lot Info

  • Zoning: R2
  • Parcel Number: 2841-003-000
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1043
  • Tax Block: 0
  • Tax Book Number: A-047SNOWDEN
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 26, 2021
Sold by
Abv Holdings Llc
Bought by
Perseverance Investment Llc
Current Estimated Value
$107,868

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Outstanding Balance
$36,238
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$55,762

Purchase Details

Closed on
Apr 29, 2021
Sold by
Shannon Ollie
Bought by
Abv Holdings Llc
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
Perseverance Investment Llc $60,000 First International Ttl Inc
Abv Holdings Llc $8,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Perseverance Investment Llc $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/10/2024 05/10/24 Sold $65,000 -23.5% $41 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/14/2024 04/14/24 Price Changed $85,000 -10.5% $53 / Sq Ft
11/29/2023 11/29/23 For Sale $95,000 +86.3% $60 / Sq Ft
03/04/2022 03/04/22 Sold $51,000 -14.9% $32 / Sq Ft View Prior Sale
02/24/2022 02/24/22 Pending -- -- --
01/27/2022 01/27/22 Price Changed $59,900 -20.1% $38 / Sq Ft
01/27/2022 01/27/22 For Sale $74,999 0.0% $47 / Sq Ft
01/17/2022 01/17/22 Pending -- -- --
12/29/2021 12/29/21 For Sale $74,999 -- $47 / 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 $1,206 $52,090 $7,985 $44,105
2024 $1,120 $45,774 -- --
2023 $1,120 $41,613 $5,619 $35,994
2022 $845 $38,171 $4,436 $33,735
2021 $835 $27,410 $1,479 $25,931
2020 $413 $22,606 $1,479 $21,127
2019 $423 $22,914 $1,479 $21,435
2018 $407 $22,382 $1,479 $20,903
2017 $407 $22,055 $1,479 $20,576
2016 $405 $21,685 $0 $0
2015 $403 $21,224 $0 $0
2014 $367 $20,772 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Danny Singh

    Seller's Agent in 2024

    Danny Singh

    RE/MAX

    (352) 425-4568

    1 in this area

    31 Total Sales

    Danny Singh
    Section Image
  • Beth Anthony

    Seller's Agent in 2022

    Beth Anthony

    HOMERUN REALTY

    (352) 216-2087

    1 in this area

    13 Total Sales

    Beth Anthony
    Section Image

  • N

    Buyer's Agent in 2022

    Neha Prasad

    LPT REALTY, LLC

    (888) 883-8509

    1 in this area

    7 Total Sales

    Neha Prasad
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM668704

Stellar MLS

APN: 2841-003-000

Florida Marion County Ocala 34475 Northwest Ocala

620 NW 7th Ave, Ocala, FL

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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