NOT LISTED FOR SALE

723 S Pine Ave Ocala, FL 34471

Downtown Ocala Neighborhood
7 Beds
5 Baths
6,695 Sq Ft
0.58 Acres

Last Sold December 12, 2012

Last sale price $180,010 $27 Per Sq Ft

11 Days on Market

Highlights

  • 0.58 Acre Lot
  • Eighth Street Elementary School Rated A-
  • 1-Story Property

About This Home

As of December 2012

Friendship Inn - 21 Units ; Managers Office & Apartment; Pool; Large Signage; 20-21 Parking Spots; Bank Owned; All Units Vacant, ready to lease; Laundry Room, includes equipment AS IS; Property goes street to street; Great visibility & frontage on US Hwy 441; Concrete Block construction; Potential City of Ocala cooperation for redevelopment project to an office use

Last Agent to Sell the Property

Sandon Wiechens

WIECHENS REALTY INC License #0614535 Listed on: 12/03/2012

Last Buyer's Agent

Snow Chou

KELLER WILLIAMS CORNERSTONE RE License #0547725

KELLER WILLIAMS CORNERSTONE RE

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 0.58

Home Design

  • Concrete Siding
  • Block Exterior

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Additional Features

  • 1-Story Property
  • 0.58 Acre Lot

Community Details

  • 10 Buildings
  • 5 Units
  • 6,695 Sq Ft Building
  • New Survey Subdivision

Listing and Financial Details

  • Property Available on 12/3/12
  • Legal Lot and Block 2 / 8
  • Assessor Parcel Number 2852-008-002

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Residential
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Lot Size Acres: 0.58
  • Year Built: 1958
  • Building Area Total: 6695
  • Lot Size Sq Ft: 25265
  • Directions to Property: West on SE 17th Street to right on to S Pine; property on right in area of Medical/Cactus Car Wash
  • Status: Sold
  • Street Direction: S
  • List Office Head Office Key Nume: 529793709
  • Total Acreage: 1/2 Acre to 1 Acre
  • Water Access YN: 0
  • Sale Includes: Building(s) and Land
  • Last Date Available: 2013-07-31T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 723
  • Room Count: 0

Exterior Features

  • Exterior Features: Other
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Units / Window Unit
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Zoning: B-3 Specialty Business
  • Parcel Number: 2852-008-002
  • Additional Parcels: No
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2012-12-03
  • Long Term YN: 0

Multi Family

  • Number Of Units Total: 5
  • Total Num Buildings: 10
  • Unit Count: 0

Tax Info

  • Tax Annual Amount: 5112
  • Tax Block: 8
  • Tax Book Number: E-002
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2015
Sold by
Shen Te Chu and Shen Shwu In
Bought by
Yuen Long Shen Llc

Purchase Details

Listed on
Dec 3, 2012
Closed on
Dec 12, 2012
Sold by
Centerstate Bank Of Florida Na
Bought by
Shen Te Chu and Shen Shwu In
Seller's Agent
Sandon Wiechens
WIECHENS REALTY INC
Buyer's Agent
Snow Chou
KELLER WILLIAMS CORNERSTONE RE
List Price
$168,000
Sold Price
$180,010
Premium/Discount to List
$12,010
7.15%

Purchase Details

Closed on
Sep 25, 2012
Sold by
Patel Jayanti and Patel Lali
Bought by
Centerstate Bank Of Florida Na

Purchase Details

Closed on
Nov 9, 2006
Sold by
Patel Jayanti and Patel Lali J
Bought by
Patel Jayanti and Patel Lali

Purchase Details

Closed on
Jul 14, 2003
Sold by
Patel Manhar Z
Bought by
Patel Jayanti and Patel Lali J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.17%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Yuen Long Shen Llc -- None Available
Shen Te Chu $180,100 1St Quality Title Llc
Centerstate Bank Of Florida Na -- Attorney
Patel Jayanti -- Attorney
Patel Jayanti -- Brick City Title Insurance
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Patel Jayanti $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Off Market $180,010 -- --
12/12/2012 12/12/12 Sold $180,010 +7.1% $27 / Sq Ft
12/01/2012 12/01/12 For Sale $168,000 -- $25 / 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
2024 $9,330 $415,691 -- --
2023 $8,584 $377,901 $0 $0
2022 $7,110 $343,546 $0 $0
2021 $6,614 $312,315 $138,958 $173,357
2020 $5,400 $295,323 $138,958 $156,365
2019 $4,996 $270,588 $138,958 $131,630
2018 $4,640 $255,302 $126,325 $128,977
2017 $4,707 $254,870 $126,325 $128,545
2016 $4,538 $242,692 $0 $0
2015 $4,362 $229,657 $0 $0
2014 $4,056 $229,429 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sandon Wiechens

    Seller's Agent in 2012

    Sandon Wiechens

    WIECHENS REALTY INC

    (352) 622-3214

    4 in this area

    81 Total Sales

    Sandon Wiechens
    Section Image
  • Snow Chou

    Buyer's Agent in 2012

    Snow Chou

    KELLER WILLIAMS CORNERSTONE RE

    (352) 598-4408

    18 Total Sales

    Snow Chou
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM383260

Stellar MLS

APN: 2852-008-002

Florida Marion County Ocala 34471 Downtown Ocala

723 S Pine Ave, Ocala, FL

This home is located at 723 S Pine Ave, Ocala, FL 34471 since 03 December 2012. This property was built in 1958. 723 S Pine Ave is a home located in Marion County with nearby schools including Eighth Street Elementary School, Osceola Middle School, and Forest 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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