NOT LISTED FOR SALE

Estimated Value: $409,000 - $576,000

7 Beds
4 Baths
3,344 Sq Ft
$148/Sq Ft Est. Value

Last Sold December 28, 2012

Last sale price $106,250 $32 Per Sq Ft

Est. 367% increase in value since last sale

Current estimated payment $3,094/month

9 Days on Market

Highlights

  • Central Air
  • Carpet
  • 1-Story Property
  • Eighth Street Elementary School Rated A-
  • Heating Available

About This Home

As of December 2012

Each unit is a 2 bed 1 bath, in the heart of downtown Ocala; walking distance to everything! Units need some TLC.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,245

Year Built

  • Built in 1977

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 97x112

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Full Bathrooms

Utilities

  • Central Air
  • Heating Available

Community Details

  • 8 Buildings
  • 4 Units
  • 3,344 Sq Ft Building
  • Caldwell Add Subdivision

Listing and Financial Details

  • Property Available on 11/23/12
  • Tax Lot 38
  • Assessor Parcel Number 28362-038-03

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,245

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Multi-Family
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1977
  • Building Area Total: 3344
  • Lot Size Sq Ft: 10890
  • Status: Sold
  • Street Direction: SE
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Sale Includes: Building(s) and Land
  • Last Date Available: 2013-02-22T00:00:00.000
  • Tax Year: 2018
  • Special Features: RealEstateOwned

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 4
  • Total Bedrooms: 7
  • Levels: One
  • Stories: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Water View YN: 0

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Zoning: R-3 Mulitple Family Dwell
  • Parcel Number: 28362-038-03
  • Additional Parcels: No
  • Lot Dimensions: 97x112

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2012-11-23
  • Long Term YN: 0

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 8
  • Unit Count: 0

Tax Info

  • Tax Annual Amount: 2245
  • Tax Book Number: E-004
  • Tax Lot: 38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2012
Closed on
Dec 28, 2012
Sold by
Tennison John E and Tennison Karen A
Bought by
Triple Wind Llc
List Price
$98,500
Sold Price
$106,250
Premium/Discount to List
$7,750
7.87%
Current Estimated Value
$496,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,750
Avg. Annual Appreciation
12.75%
Original Mortgage
$175,000
Outstanding Balance
$151,492
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$344,508

Purchase Details

Closed on
Jul 30, 2012
Sold by
Wells Fargo Bank Na
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jul 9, 2012
Sold by
Mantle Charles and Mantle Charles C
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jan 25, 2007
Sold by
Moore Anthony R and Moore Monica R
Bought by
Mantle Charles C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,200
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2005
Sold by
Ocala Riviera Partners Llc
Bought by
Moore Anthony R and Moore Monica R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 30, 2005
Sold by
Barhoush A J and Barhoush Ahmed
Bought by
Ocala Riviera Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
15%
Mortgage Type
Purchase Money Mortgage
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
Triple Wind Llc -- Peer Title Inc
Tennison John E $106,300 Attorney
Federal Home Loan Mortgage Corporation -- New House Title Llc
Wells Fargo Bank Na -- Attorney
Mantle Charles C $309,000 1St Quality Title Llc
Moore Anthony R $275,000 Associated Land Title Insura
Ocala Riviera Partners Llc $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Triple Wind Llc $175,000
Previous Owner Mantle Charles C $247,200
Previous Owner Moore Anthony R $220,000
Previous Owner Ocala Riviera Partners Llc $230,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/28/2012 12/28/12 Sold $106,250 +7.9% $32 / Sq Ft
12/03/2012 12/03/12 Pending -- -- --
11/23/2012 11/23/12 For Sale $98,500 -- $29 / 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 $5,961 $238,107 -- --
2023 $5,501 $216,461 $0 $0
2022 $4,227 $196,783 $0 $0
2021 $4,677 $195,840 $77,697 $118,143
2020 $3,121 $183,600 $69,064 $114,536
2019 $2,756 $151,470 $51,798 $99,672
2018 $2,444 $134,640 $51,798 $82,842
2017 $2,266 $123,420 $43,165 $80,255
2016 $2,086 $111,078 $0 $0
2015 $1,918 $100,980 $0 $0
2014 $1,762 $98,736 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: OM382928

Stellar MLS

APN: 28362-038-03