NOT LISTED FOR SALE

627 NE 28th Ave Ocala, FL 34470

Northeast Ocala Neighborhood

Estimated Value: $468,000 - $536,000

8 Beds
8 Baths
4,764 Sq Ft
$102/Sq Ft Est. Value

Last Sold October 12, 2021

Last sale price $372,500 $78 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,082/month

9 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • High Speed Internet
  • Vanguard High School Rated A-

About This Home

As of October 2021

4 unit Townhouse/Apartment building situated within the City of Ocala. Excellent rental history - 100% occupied. Each unit is a 2 bedroom/1.5 bath. Open living and dining area. Two of the units are enrolled in the Section 8 program. Current rents are significantly below market. The structure is made of concrete block construction. New roof installed in 2019. Building was recently painted. Asphalt parking lot has one covered carport space. Very nice setting and convenient to shopping and the city bus stop. Building consists of 4764 SF and includes a small utility room previously used by the owner as a coin laundry for tenants. Tenants pay all utility expenses with exception of water and common area electric (lighting/utility room).

Last Agent to Sell the Property

Kelly Rice

CENTURY 21 PRIME PROPERTY RESOURCES INC License #661125 Listed on: 08/24/2021

CENTURY 21 PRIME PROPERTY RESOURCES INC

Last Buyer's Agent

Kelly Rice

CENTURY 21 PRIME PROPERTY RESOURCES INC License #661125 Listed on: 08/24/2021

CENTURY 21 PRIME PROPERTY RESOURCES INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,782

Year Built

  • Built in 1979

Lot Details

  • 0.47 Acre Lot
  • Lot Dimensions are 160 x 130

Parking

  • 1 Carport Space

Home Design

  • 4,764 Sq Ft Home
  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • The 3 Kings Subdivision

Building Details

  • Gross Income $30,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,782

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 4764
  • Lot Size Acres: 0.47
  • New Construction: No
  • Year Built: 1979
  • Lot Size Sq Ft: 20800
  • Directions to Property: From I-75 and SR 40 (Silver Springs Blvd) interchange - travel east on FL 40 for approx. 4.9 miles - turn left onto NE 25th and travel approx. .2 miles turn right onto NE 3rd and go approx. .3 miles then turn left onto NE 28th Ave - property is on right.
  • Status: Sold
  • Street Direction: NE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5045881?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5045881?w=Customer
  • Unit Count: 4
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.02055
  • Price per Sq Ft: 78.19
  • Close to Original List Price Ratio: 1.02055
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ninguno
  • Foundation Details: Slab
  • Street Number Modifier: 627
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R2
  • Parcel Number: R2812-001-000
  • Additional Parcels: No
  • Lot Dimensions: 160 x 130
  • Flood Zone Code: X

Multi Family

  • Gross Income: 30300
  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 2782
  • Tax Block: N/A
  • Tax Book Number: S/27
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Oct 12, 2021
Sold by
Midland Ira Inc
Bought by
Outliers Capital Llc
Seller's Agent
Kelly Rice
CENTURY 21 PRIME PROPERTY RESOURCES INC
Buyer's Agent
Kelly Rice
CENTURY 21 PRIME PROPERTY RESOURCES INC
List Price
$365,000
Sold Price
$372,500
Premium/Discount to List
$7,500
2.05%
Current Estimated Value
$487,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,879
Avg. Annual Appreciation
8.26%
Original Mortgage
$298,000
Outstanding Balance
$275,419
Interest Rate
3.01%
Mortgage Type
New Conventional
Estimated Equity
$230,625

Purchase Details

Closed on
Jun 7, 2010
Sold by
Breech Lawrence
Bought by
Entrust Freedom Llc

Purchase Details

Closed on
Mar 30, 2010
Sold by
Wachovia Mortgage Corporation
Bought by
Breech Lawrence

Purchase Details

Closed on
Jan 19, 2010
Sold by
Aberman Andrea Dipasquale
Bought by
Wachovia Mortgage Corporation

Purchase Details

Closed on
Jul 27, 2007
Sold by
Aberman One Llc
Bought by
Aberman Andrea Dipasquale and Aberman Ronald

Purchase Details

Closed on
Sep 1, 2006
Sold by
Aberman Andrea Dipasquale and Aberman Ronald
Bought by
Aberman One Llc

Purchase Details

Closed on
Jul 28, 2006
Sold by
Trench Pablo and Trench Gabriela
Bought by
Aberman Ronald and Aberman Andrea Dipasquale

Purchase Details

Closed on
Aug 18, 2004
Sold by
Andrews Richard L
Bought by
Trench Pablo and Trench Gabriela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,800
Interest Rate
5.92%
Mortgage Type
Credit Line Revolving
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
Outliers Capital Llc $372,500 First American Mortgage Sln
Entrust Freedom Llc $110,000 Attorney
Breech Lawrence $72,500 Service Link
Wachovia Mortgage Corporation -- Attorney
Aberman Andrea Dipasquale -- Associated Title & Escrow Co
Aberman One Llc -- None Available
Aberman Ronald $255,000 Affiliated Title Co
Trench Pablo $152,000 Affiliated Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Outliers Capital Llc $298,000
Previous Owner Trench Pablo $136,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2021 10/12/21 Sold $372,500 +2.1% $78 / Sq Ft
09/02/2021 09/02/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $365,000 -- $77 / 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 $5,942 $251,328 $0 $0
2022 $4,609 $228,480 $38,400 $190,080
2021 $4,355 $171,360 $38,400 $132,960
2020 $2,782 $159,120 $38,400 $120,720
2019 $2,483 $134,640 $38,400 $96,240
2018 $2,230 $123,420 $38,400 $85,020
2017 $2,060 $112,200 $38,400 $73,800
2016 $1,896 $100,980 $0 $0
2015 $1,743 $91,800 $0 $0
2014 $1,602 $89,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kelly Rice

    Seller's Agent in 2021

    Kelly Rice

    CENTURY 21 PRIME PROPERTY RESOURCES INC

    (352) 279-7528

    1 in this area

    58 Total Sales

    Kelly Rice
    Section Image
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Map

Source: Stellar MLS

MLS Number: G5045881

Stellar MLS

APN: 2812-001-000

Florida Marion County Ocala 34470 Northeast Ocala

627 NE 28th Ave, Ocala, FL

This home is located at 627 NE 28th Ave, Ocala, FL 34470 since 24 August 2021 and is currently estimated at $487,379, approximately $102 per square foot. This property was built in 1979. 627 NE 28th Ave is a home located in Marion County with nearby schools including Wyomina Park Elementary School, Fort King Middle School, and Vanguard 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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