NOT LISTED FOR SALE

720 NE 27th St Ocala, FL 34470

Northeast Ocala Neighborhood

Estimated Value: $161,000 - $190,000

2 Beds
2 Baths
1,022 Sq Ft
$166/Sq Ft Est. Value

Last Sold October 12, 2020

Last sale price $130,000 $127 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,065/month

49 Days on Market

Highlights

  • High Ceiling
  • 1 Car Attached Garage
  • Ceramic Tile Flooring
  • No HOA
  • Crown Molding
  • Outdoor Storage

About This Home

As of October 2020

This beautifully updated home is located on a fenced corner lot in NE Ocala. Very convenient to highly rated schools, shopping and walking distance to public transportation. The home features a stone fireplace, open concept kitchen/living/dining area and split bedroom plan. Brand new roof, HVAC and water heater. All interior finishes have been upgraded. Quiet and private corner lot.

Last Agent to Sell the Property

Brian Crowe

License #3229134 Listed on: 07/14/2020

Last Buyer's Agent

Joyce Langston

REAL BROKER, LLC License #3349761

REAL BROKER, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,096

Year Built

  • Built in 1985

Lot Details

  • 4,792 Sq Ft Lot
  • Lot Dimensions are 52x94
  • North Facing Home
  • Property is zoned R2

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,022 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan

Kitchen

  • Convection Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Fox Hollow Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,096

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1022
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1985
  • Lot Size Sq Ft: 4792
  • Status: Sold
  • Street Direction: NE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5877894?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5877894?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97744
  • Price per Sq Ft: 127.2
  • Close to Original List Price Ratio: 0.83925
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceiling(s)
  • Appliances Included: Convection Oven, Dishwasher, Electric Water Heater, Exhaust Fan, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: R2
  • Parcel Number: 2498-004-000
  • Additional Parcels: No
  • Lot Dimensions: 52x94
  • Flood Zone Code: X

Rental Info

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

Tax Info

  • Tax Annual Amount: 1095.92
  • Tax Block: B
  • Tax Book Number: W-042
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 12, 2021
Sold by
Shanks Kelli J and Shanks David D
Bought by
Shanks David D and Shanks Kelli J
Current Estimated Value
$169,833

Purchase Details

Listed on
Jul 14, 2020
Closed on
Oct 9, 2020
Sold by
Black Bird Investment Group Llc
Bought by
Shanks Kelli J and Shanks David D
Seller's Agent
Brian Crowe
Buyer's Agent
Joyce Langston
REAL BROKER, LLC
List Price
$135,000
Sold Price
$130,000
Premium/Discount to List
-$5,000
-3.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.18%
Original Mortgage
$97,500
Outstanding Balance
$68,575
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$101,258

Purchase Details

Listed on
Oct 17, 2019
Closed on
Jan 3, 2020
Sold by
Buyers Title Inc
Bought by
Black Bird Investment Group Llc
Seller's Agent
Clay Lehman
RESOLUTE REAL ESTATE LLC
List Price
$79,900
Sold Price
$67,000
Premium/Discount to List
-$12,900
-16.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
139.21%
Original Mortgage
$91,100
Interest Rate
3.6%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 17, 2019
Sold by
Smith Tracy and Ditech Financial Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
May 1, 2017
Bought by
Smith Tracy

Purchase Details

Closed on
Feb 22, 2017
Sold by
Smith Tracy and Gandy Tracy
Bought by
Prof 2013 S3 Legal Title Trust Iv and U S Bank Na

Purchase Details

Closed on
Feb 27, 2002
Sold by
Toms William H and Toms Patricia
Bought by
Smith Tracy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,175
Interest Rate
10.7%
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
Shanks David D -- None Available
Shanks Kelli J $130,000 Peer Title Inc
Shanks Kelli J $130,000 Peer Title
Black Bird Investment Group Llc $67,000 Buyer S Title Inc
Federal National Mortgage Association -- None Available
Smith Tracy $100 --
Prof 2013 S3 Legal Title Trust Iv $42,100 Legal Title Trust
Smith Tracy $50,900 All American Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shanks Kelli J $97,500
Closed Shanks Kelli J $97,500
Previous Owner Black Bird Investment Group Llc $91,100
Previous Owner Smith Tracy $38,175
Closed Smith Tracy $12,725
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/12/2020 10/12/20 Sold $130,000 -2.3% $127 / Sq Ft
09/01/2020 09/01/20 Pending -- -- --
08/31/2020 08/31/20 Price Changed $133,000 -1.5% $130 / Sq Ft
08/26/2020 08/26/20 For Sale $135,000 0.0% $132 / Sq Ft
08/16/2020 08/16/20 Pending -- -- --
08/14/2020 08/14/20 Price Changed $135,000 -2.9% $132 / Sq Ft
08/12/2020 08/12/20 Price Changed $139,000 -6.7% $136 / Sq Ft
08/07/2020 08/07/20 Price Changed $149,000 -3.8% $146 / Sq Ft
07/14/2020 07/14/20 For Sale $154,900 +131.2% $152 / Sq Ft
04/23/2020 04/23/20 Off Market $67,000 -- --
01/09/2020 01/09/20 Sold $67,000 -16.1% $66 / Sq Ft View Prior Sale
12/17/2019 12/17/19 Pending -- -- --
10/16/2019 10/16/19 For Sale $79,900 -- $78 / Sq Ft
Source: Stellar MLS

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 $2,191 $101,809 -- --
2024 $2,110 $92,554 -- --
2023 $1,966 $84,140 $0 $0
2022 $1,593 $76,491 $0 $0
2021 $1,629 $69,537 $7,500 $62,037
2020 $1,119 $61,187 $5,500 $55,687
2019 $1,096 $59,357 $5,500 $53,857
2018 $1,014 $55,780 $4,250 $51,530
2017 $1,004 $54,368 $4,000 $50,368
2016 $970 $51,885 $0 $0
2015 $915 $48,182 $0 $0
2014 $942 $53,272 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Brian Crowe

    Section Image
  • Clay Lehman

    Seller's Agent in 2020

    Clay Lehman

    RESOLUTE REAL ESTATE LLC

    (352) 812-2807

    3 in this area

    75 Total Sales

    Clay Lehman
    Section Image

  • S

    Seller Co-Listing Agent in 2020

    Sharon Stump

    RESOLUTE REAL ESTATE LLC

    (352) 812-3653

    1 in this area

    27 Total Sales

    Sharon Stump
    Section Image
  • Joyce Langston

    Buyer's Agent in 2020

    Joyce Langston

    REAL BROKER, LLC

    (417) 263-1530

    68 Total Sales

    Joyce Langston
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O5877894

Stellar MLS

APN: 2498-004-000

Florida Marion County Ocala 34470 Northeast Ocala

720 NE 27th St, Ocala, FL

Not Listed for Sale

Detached

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