$314,000
SOLD AUG 8, 2022

8305 SW 101st Place Rd Ocala, FL 34481

Liberty Neighborhood
2 Beds
2 Baths
2,302 Sq Ft
0.49 Acres

Recently Sold

$136 Per Sq Ft

21% Below List Price

47 Days on Market

Highlights

  • 0.49 Acre Lot
  • Cathedral Ceiling
  • No HOA
  • West Port High School Rated A-
  • Main Floor Primary Bedroom
  • Walk-In Closet

About This Home

As of August 2022

**PRICE FURTHER REDUCED! OCALA INCOME DUPLEX - Attention investors - this excellent duplex with long-term tenants is located in a beautiful, well kept neighborhood and features NO HOA! Sturdy CBS and stone construction. The right side unit features newer windows, doors, and brand new A/C. Both units are large 2 bedroom / 2 bathroom homes. The left side unit offers a newer A/C, bath, and other updates. Newer roof installed in 2016. Both sides are currently rented month-to-month, and have the potential to be leased for $2,000 total or more rent per month! Both tenants wish to remain and are open to rent increases. Each unit has its own outside laundry room with secured door, just off the backyard patio. Located on a very large half-acre lot with a large back yard. Each unit has its own private driveway! An excellent investment property in a highly sought-after neighborhood. Schedule your showing today!

Last Agent to Sell the Property

Gary Bergenske

BEACON REAL ESTATE & ASSOC License #3492766 Listed on: 04/21/2022

Co-Listed By

Al Spry

BEACON REAL ESTATE & ASSOC License #3398984

Last Buyer's Agent

Noris N Roche

EPIQUE REALTY, INC. License #3439521

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,949

Year Built

  • Built in 1986

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,302 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Walk-Up Access

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Driveway
  • Off-Street Parking
  • Assigned Parking

Schools

  • Hammett Bowen Jr. Elementary School
  • Liberty Middle School
  • West Port High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Well
  • Septic Tank
  • Phone Available
  • Cable TV Available

Additional Features

  • Outdoor Storage
  • 0.49 Acre Lot

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Kingsland Country Estate Subdivision

Pet Policy

  • 0 Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,949

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Completed
  • Property Sub Type: Duplex
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2302
  • Lot Size Acres: 0.49
  • New Construction: No
  • Year Built: 1986
  • Lot Size Sq Ft: 21344
  • Tenant Pays: Electricity
  • Directions to Property: From I-75 Go west SR 200. Left on 103 St Rd. Go 1 block, T/L onto 84 Ave Rd. Go 1 block and T/R on 101 Pl Rd. Duplex on left at bottom of hill
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5054473?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5054473?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Number Of Pets: 0
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Property Description: Walk-Up
  • Ratio: Close Price\List Price: 0.98156
  • Price per Sq Ft: 136.4
  • Close to Original List Price Ratio: 0.7852
  • View: No
  • Co List Office Mls Id: 260505808
  • Co List Office Phone: 352-253-9200
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 8305
  • Number Of Buildings: 1

Exterior Features

  • Exterior Features: Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: None

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Driveway, Off Street
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room, Outside
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Hammett Bowen Jr. Elementary
  • High School: West Port High School
  • Middle Or Junior School: Liberty Middle School

Lot Info

  • Zoning: R3
  • Parcel Number: 3501-003-005
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions Y N: No

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2948.9
  • Tax Block: 3
  • Tax Book Number: L-003
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2022
Closed on
Aug 8, 2022
Sold by
Status Investments Llc
Bought by
Blake Ambar and Blake David
Seller's Agent
Gary Bergenske
BEACON REAL ESTATE & ASSOC
Buyer's Agent
Noris N Roche
EPIQUE REALTY, INC.
List Price
$399,900
Sold Price
$314,000
Premium/Discount to List
-$85,900
-21.48%
Total Days on Market
47
Current Estimated Value
$389,914

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,914
Avg. Annual Appreciation
7.98%
Original Mortgage
$325,304
Outstanding Balance
$313,485
Interest Rate
5.7%
Mortgage Type
VA
Estimated Equity
$76,429

Purchase Details

Closed on
Apr 7, 2022
Sold by
Everyday Home Buyer Llc
Bought by
Status Investments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.91%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 6, 2022
Sold by
Burge Joseph E and Burge Diane M
Bought by
Everyday Home Buyer Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.91%
Mortgage Type
Construction

Purchase Details

Closed on
Jul 26, 2006
Sold by
Pardue Arthur and Carman John
Bought by
Burge Joseph E and Burge Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 15, 2005
Sold by
Lamanna Paul
Bought by
Pardue Arthur and Carman John
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $314,000 Affiliated Title Of Central Fl
Warranty Deed $229,900 New Title Company Name
Warranty Deed $215,000 None Listed On Document
Warranty Deed $176,000 First American Title Ins Co
Warranty Deed $122,000 Aaa Quality Title Services &
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $325,304 VA
Previous Owner $100,000 Construction
Previous Owner $104,241 New Conventional
Previous Owner $120,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/21/2023 07/21/23 Rented $1,595 0.0% --
07/11/2023 07/11/23 Price Changed $1,595 -5.9% $1 / Sq Ft
06/29/2023 06/29/23 For Rent $1,695 0.0% --
08/08/2022 08/08/22 Sold $314,000 -1.8% $136 / Sq Ft
06/08/2022 06/08/22 Pending -- -- --
06/06/2022 06/06/22 Price Changed $319,900 -8.6% $139 / Sq Ft
05/26/2022 05/26/22 Price Changed $349,900 -7.9% $152 / Sq Ft
05/20/2022 05/20/22 Price Changed $379,900 -5.0% $165 / Sq Ft
04/21/2022 04/21/22 For Sale $399,900 -- $174 / 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 $4,026 $218,025 $16,000 $202,025
2022 $3,006 $147,824 $0 $0
2021 $2,949 $134,385 $16,000 $118,385
2020 $2,877 $126,480 $16,000 $110,480
2019 $2,704 $114,240 $16,000 $98,240
2018 $2,447 $102,765 $11,227 $91,538
2017 $2,345 $96,135 $11,761 $84,374
2016 $2,204 $88,740 $0 $0
2015 $2,140 $84,150 $0 $0
2014 $2,020 $78,540 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5054473

Stellar MLS

APN: 3501-003-005