NOT LISTED FOR SALE

Estimated Value: $252,000 - $316,000

4 Beds
2 Baths
1,691 Sq Ft
$164/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $266,000 $157 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,751/month

53 Days on Market

Highlights

  • No HOA
  • Eighth Street Elementary School Rated A-
  • Central Heating and Cooling System

About This Home

As of August 2022

OCALA INVESTOR INCOME DUPLEX - Duplex is in a great location close to Downtown Ocala, Marion County Courthouse, The Hospital District, and other amenities. Duplex is 2 - 2/1 Units with current rent on Unit 817 is paid through December 31st, 2022 and unit 819 is currently month to month. Rents are drastically under market for this location with current monthly rent being 817 - $7800 annually (paid in full) and 819 - $750 monthly. Recent upgrades include new roof in 2020, newer HVAC, new paint, new flooring paint and fixtures in unit 819.

Last Agent to Sell the Property

Charles White

GUS GALLOWAY REALTY INC License #3361501 Listed on: 05/04/2022

Last Buyer's Agent

Diane Trexler

ROBERTS REAL ESTATE INC License #3305463

ROBERTS REAL ESTATE INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,157

Year Built

  • Built in 1974

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 102x125

Home Design

  • 1,691 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 2 Units
  • Pleasant View Heights Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,157

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1691
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 1974
  • Lot Size Sq Ft: 12632
  • Directions to Property: From N Pine and SE 17th St HE SE on 17th Street to SE Magnolia Ext then right on SE 19th Pl then Left on SE 9th Ave then Left on SE 14th St
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM638625?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM638625?w=Customer
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98519
  • Price per Sq Ft: 157.3
  • Close to Original List Price Ratio: 0.88667
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Street Number Modifier: 817
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity 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: 2907-005-000
  • Additional Parcels: No
  • Lot Dimensions: 102x125
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2157.23
  • Tax Block: 1
  • Tax Book Number: H-042
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Aug 29, 2022
Sold by
Sophocles Athanason
Bought by
Lovell Grant Keith and Fischer Carley Paige
Seller's Agent
Charles White
GUS GALLOWAY REALTY INC
Buyer's Agent
Diane Trexler
ROBERTS REAL ESTATE INC
List Price
$300,000
Sold Price
$266,000
Premium/Discount to List
-$34,000
-11.33%
Current Estimated Value
$276,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,904
Avg. Annual Appreciation
1.33%
Original Mortgage
$12,854
Outstanding Balance
$12,285
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$264,619

Purchase Details

Listed on
Jul 20, 2020
Closed on
Aug 27, 2020
Sold by
Lfw Group Llc
Bought by
Athanason Sophocles and Athanason Kosumo
Seller's Agent
Charles White
GUS GALLOWAY REALTY INC
Buyer's Agent
Charles White
GUS GALLOWAY REALTY INC
List Price
$149,000
Sold Price
$136,500
Premium/Discount to List
-$12,500
-8.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.60%
Original Mortgage
$102,375
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2005
Sold by
Frobish J Todd
Bought by
L F W Group Llc

Purchase Details

Closed on
Nov 23, 2004
Sold by
Spires Richard N
Bought by
Frobish J Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2002
Sold by
Spires Stephen V and Spires Betty G
Bought by
Spires Richard N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,500
Interest Rate
8%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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
Lovell Grant Keith $266,000 --
Athanason Sophocles $136,500 Affiliated Ttl Of Ctrl Fl Lt
Athanason Sophocles $100 Affiliated Title Of Central Fl
L F W Group Llc -- --
Frobish J Todd $90,000 Advantage Title Llc
Spires Richard N $68,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lovell Grant Keith $12,854
Open Lovell Grant Keith $257,071
Previous Owner Athanason Sophocles $102,375
Previous Owner Frobish J Todd $81,000
Previous Owner Spires Richard N $72,600
Previous Owner Spires Richard N $68,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/29/2022 08/29/22 Sold $266,000 -1.5% $157 / Sq Ft
06/30/2022 06/30/22 Price Changed $270,000 -10.0% $160 / Sq Ft
06/27/2022 06/27/22 Pending -- -- --
05/31/2022 05/31/22 For Sale $300,000 0.0% $177 / Sq Ft
05/14/2022 05/14/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $300,000 +119.8% $177 / Sq Ft
08/28/2020 08/28/20 Sold $136,500 -8.4% $81 / Sq Ft
07/20/2020 07/20/20 Pending -- -- --
07/20/2020 07/20/20 For Sale $149,000 -- $88 / 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 $3,308 $190,874 -- --
2023 $2,979 $179,265 $57,528 $121,737
2022 $2,294 $112,200 $0 $0
2021 $2,157 $102,000 $52,734 $49,266
2020 $1,679 $91,800 $43,146 $48,654
2019 $1,667 $92,820 $27,326 $65,494
2018 $1,493 $84,422 $27,326 $57,096
2017 $1,354 $73,312 $23,970 $49,342
2016 $1,316 $70,380 $0 $0
2015 $1,225 $64,515 $0 $0
2014 $1,141 $64,515 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM638625

Stellar MLS

APN: 2907-005-000