NOT LISTED FOR SALE

Estimated Value: $202,000 - $243,000

4 Beds
2 Baths
1,342 Sq Ft
$162/Sq Ft Est. Value

Last Sold October 13, 2022

Last sale price $170,000 $127 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,413/month

5 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Ceramic Tile Flooring
  • Vanguard High School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 1-Story Property

About This Home

As of October 2022

Great Investment Opportunity! Duplex sits only 1.4 miles from downtown Ocala! Unit 829 is ready for immediate occupancy and offers 2 bedrooms and 1 bath. Unit 825 is a blank canvas and is ready for you to make it yours! No rental history available as current owner purchased as a project with intentions of renting once complete. Seller is only accepting cash offers.

Last Agent to Sell the Property

Ashley Yates

Ashley Yates Realty License #3597141 Listed on: 09/15/2022

Last Buyer's Agent

Ocala Marion Member

Ocala Marion County Association Member

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,067

Year Built

  • Built in 1963

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 100x145
  • Corner Lot
  • Cleared Lot

Home Design

  • Duplex
  • Block Foundation
  • Metal Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,342 Sq Ft Home
  • 1-Story Property

Kitchen

  • Electric Oven
  • Electric Range

Flooring

  • Concrete
  • Ceramic Tile

Parking

  • Driveway
  • Paved Parking

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,067

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Architectural Style: One Story, Duplex
  • Directions: From SE Ocala on 40 and NE 25th Ave, take 40 west, make a right onto NE 8th Ave, make a right onto NE 12th St. Home is on the left on the corner of NE 12th St and NE 9th Ave.
  • Unit Levels: One
  • Lot Size Acres: 0.33
  • Lot Size: 100x145
  • New Construction: No
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Prop. Type: Residential Income
  • Road Surface Type: Paved
  • Building Stories: 1
  • Structure Type: Duplex
  • Subdivision Name: Not on List
  • Year Built: 1963
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Electric Oven, Electric Range
  • Flooring: Concrete, Ceramic Tile
  • Interior Amenities: First Floor Entry
  • Living Area: 1342.0
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Paved Driveway
  • Foundation Details: Block
  • Lot Features: Cleared, Corner Lot
  • Pool Features: None
  • Roof: Metal
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, Paved

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Other
  • High School: Other
  • Middle Or Junior School: Other

Lot Info

  • Lot Size Sq Ft: 14375.0
  • Zoning: R1A
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2067.05
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2022
Closed on
Oct 12, 2022
Sold by
Magnuson Erik J
Bought by
S K N Holding Group Llc
Seller's Agent
Ashley Yates
Ashley Yates Realty
Buyer's Agent
Ocala Marion Member
Ocala Marion County Association Member
List Price
$185,000
Sold Price
$170,000
Premium/Discount to List
-$15,000
-8.11%
Current Estimated Value
$216,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,854
Avg. Annual Appreciation
8.37%

Purchase Details

Closed on
Jun 18, 2018
Sold by
Luffman Julia B
Bought by
Magnuson Erik J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,677
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2016
Bought by
Luffman Julia B
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
S K N Holding Group Llc $170,000 Stewart Title
Magnuson Erik J $73,000 Advantage Title Llc
Luffman Julia B $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Magnuson Erik J $71,677
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/13/2022 10/13/22 Sold $170,000 0.0% $127 / Sq Ft
10/13/2022 10/13/22 Sold $170,000 -8.1% $127 / Sq Ft View Prior Sale
09/21/2022 09/21/22 Pending -- -- --
09/21/2022 09/21/22 Pending -- -- --
09/15/2022 09/15/22 Price Changed $185,000 0.0% $138 / Sq Ft
09/15/2022 09/15/22 For Sale $185,000 -2.6% $138 / Sq Ft
09/13/2022 09/13/22 Price Changed $190,000 -5.0% $142 / Sq Ft
09/07/2022 09/07/22 Price Changed $200,000 0.0% $149 / Sq Ft
09/07/2022 09/07/22 For Sale $200,000 -13.0% $149 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/03/2022 08/03/22 Price Changed $230,000 -14.8% $171 / Sq Ft
07/28/2022 07/28/22 For Sale $269,999 -- $201 / Sq Ft
Source: REALTORS® Association of Citrus County

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 $3,336 $159,885 $43,000 $116,885
2023 $3,336 $145,350 $47,500 $97,850
2022 $1,878 $85,530 $0 $0
2021 $2,153 $85,680 $40,000 $45,680
2020 $1,333 $76,500 $26,500 $50,000
2019 $1,186 $64,260 $21,562 $42,698
2018 $1,084 $59,670 $21,562 $38,108
2017 $1,001 $54,188 $21,562 $32,626
2016 $973 $52,020 $0 $0
2015 $927 $48,807 $0 $0
2014 $863 $48,807 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: REALTORS® Association of Citrus County

MLS Number: 816674

REALTORS® Association of Citrus County

APN: 2618-001-018