$265,000
SOLD NOV 15, 2024
4 Beds
2 Baths
1,739 Sq Ft
0.31 Acres

Recently Sold

$152 Per Sq Ft

4% Below List Price

67 Days on Market

Highlights

  • No HOA
  • Laundry closet
  • Combination Dining and Living Room
  • West Port High School Rated A-
  • Central Heating and Cooling System

About This Home

As of November 2024

Calling all investors looking for an opportunity to grow their rental portfolio. Presenting a duplex, located in Nw Ocala, FL. This property consists of two units with 2 bedrooms and 1 bath on each side, with a combined estimated living space at just above 1700 sf. Each unit also has a laundry closet. It needs some updates for one unit, The roof was replaced in 2016.
According to the 2023 census, Ocala is ranked in the top five of the fastest-growing metro areas in the nation. Both units are leased.
Currently $2,450/month. Tenants responsible for utilities.

Last Agent to Sell the Property

Maria Avendano

NEXT GENERATION REALTY OF MARION COUNTY LLC Brokerage Phone: 352-387-2383 License #3082677 Listed on: 08/06/2024

Last Buyer's Agent

Julius Melendez

MELENTREE REALTY LLC License #3282620

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,880

Year Built

  • Built in 1986

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 100x135

Home Design

  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 1,739 Sq Ft Home
  • Combination Dining and Living Room
  • Laundry closet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • 2 Units
  • Ridge Mdw Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,880

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1739
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1986
  • Lot Size Sq Ft: 13504
  • Directions to Property: From 40 going west right onto 6oth ave, right on nw 6th place, left on nw 58th ct, follow rd to the right that becomes nw 57th ct. To property on the left.
  • Status: Sold
  • Street Direction: NW
  • Ownership: Fee Simple
  • Escrow State: FL
  • List Office Head Office Key Nume: 529793836
  • RATIO Current Price By Calculate: 152.39
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 352-387-2383
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Living Room/Dining Room Combo
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Street Number Modifier: 848
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 161.56

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Closet
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R3
  • Parcel Number: 2164-002-013
  • Additional Parcels: No
  • Lot Dimensions: 100x135
  • Flood Zone Code: x
  • Lot Size Square Meters: 1255

Green Features

  • Green Verification Count: 0

Rental Info

  • Total Actual Rent: 2350

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 2880.02
  • Tax Block: B
  • Tax Book Number: U-070RIDGE
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 6, 2024
Closed on
Nov 14, 2024
Sold by
Canas Edgar and Paz Brenda
Bought by
Martinez Mariano
Seller's Agent
Maria Avendano
NEXT GENERATION REALTY OF MARION COUNTY LLC
Buyer's Agent
Julius Melendez
MELENTREE REALTY LLC
List Price
$274,900
Sold Price
$265,000
Premium/Discount to List
-$9,900
-3.6%
Views
90
Current Estimated Value
$260,298

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,702
Avg. Annual Appreciation
-2.42%
Original Mortgage
$231,786
Outstanding Balance
$230,647
Interest Rate
6.12%
Mortgage Type
FHA
Estimated Equity
$29,969

Purchase Details

Listed on
May 16, 2022
Closed on
Jul 11, 2022
Sold by
Steve Weitlauf Trust
Bought by
Canas Edgar and Paz Brenda
Seller's Agent
Nicholas Weitlauf
HOMERUN REALTY
Buyer's Agent
Vrex Isaac
OPTIMA ONE REALTY, INC.
List Price
$259,900
Sold Price
$232,000
Premium/Discount to List
-$27,900
-10.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.82%
Original Mortgage
$174,000
Interest Rate
5.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 5, 2016
Sold by
Weitlauf Steve
Bought by
Weitlauf Steve

Purchase Details

Closed on
Apr 28, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Amm Holdings Llc

Purchase Details

Closed on
Mar 17, 2010
Sold by
Craig Andrew J
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Feb 24, 2006
Sold by
Doher Jodi
Bought by
Craig Andrew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
2.7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 29, 2005
Sold by
Consolidated Properties Of Ocala Inc
Bought by
Doher Jodi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,500
Interest Rate
5.7%
Mortgage Type
Balloon
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 $265,000 Marion Lake Sumter Title
Warranty Deed $232,000 Affiliated Title Of Central Fl
Quit Claim Deed -- None Available
Special Warranty Deed $30,900 Attorney
Trustee Deed $41,000 Attorney
Deed $140,000 Superior Land Title Inc
Corporate Deed -- Superior Land Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $231,786 FHA
Previous Owner $174,000 New Conventional
Previous Owner $126,000 Fannie Mae Freddie Mac
Previous Owner $71,500 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Sold $265,000 -1.8% $152 / Sq Ft
10/12/2024 10/12/24 Pending -- -- --
10/02/2024 10/02/24 Price Changed $269,900 -1.8% $155 / Sq Ft
08/06/2024 08/06/24 For Sale $274,900 +18.5% $158 / Sq Ft
07/11/2022 07/11/22 Sold $232,000 -3.3% $133 / Sq Ft
06/09/2022 06/09/22 Pending -- -- --
06/06/2022 06/06/22 Price Changed $239,900 -7.7% $138 / Sq Ft
05/16/2022 05/16/22 For Sale $259,900 0.0% $149 / Sq Ft
03/07/2022 03/07/22 Off Market $450 -- --
03/07/2022 03/07/22 Off Market $550 -- --
04/03/2018 04/03/18 Rented $550 0.0% --
03/13/2018 03/13/18 Under Contract -- -- --
03/08/2018 03/08/18 For Rent $550 0.0% --
02/12/2016 02/12/16 Rented $550 0.0% --
02/10/2016 02/10/16 Under Contract -- -- --
02/05/2016 02/05/16 For Rent $550 +11.1% --
01/30/2015 01/30/15 Rented $495 0.0% --
01/19/2015 01/19/15 Under Contract -- -- --
01/13/2015 01/13/15 For Rent $495 +10.0% --
12/06/2013 12/06/13 Rented $450 -9.1% --
12/05/2013 12/05/13 Under Contract -- -- --
08/14/2013 08/14/13 For Rent $495 -- --
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 $2,880 $145,350 $11,600 $133,750
2022 $2,295 $102,671 $0 $0
2021 $2,180 $102,000 $3,800 $98,200
2020 $2,041 $91,800 $1,650 $90,150
2019 $1,888 $78,540 $7,000 $71,540
2018 $1,726 $72,930 $7,000 $65,930
2017 $1,606 $63,750 $7,000 $56,750
2016 $1,536 $61,200 $0 $0
2015 $1,456 $56,100 $0 $0
2014 $1,408 $56,100 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM683432

Stellar MLS

APN: 2164-002-013