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1200 Northeast 42nd Street

1200 Northeast 42nd Street, Ocala, FL 34479
Property in Ocala
Sold Dec 12, 2019
$65,000
$1,385,300 by Colony American Finance Lender
Mortgage
Sold Dec 12, 2019
$53,000
1200 Northeast 42nd Street has been categorized by the local assessors in Ocala, FL as a residential type of property. The building on the property was first built in 1956 and is 68 years old. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1200 Northeast 42nd Street has 925 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,250 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 8,712 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 216 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable style roof made of fiberglass. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1200 Northeast 42nd Street sold most recently in Dec 11, 2019 for a total of $65,000. If you work out the math, that's approximately a cost of $70.27 per sqft. Before that, the property was also sold for $53,000 in Dec 6, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,361 in taxes each year. 1200 Northeast 42nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $60,413. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Quality: D
  • Building Style: Modern
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 216
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 700
  • Total Building Area: 925
  • Gross Building Area: 997
  • Building Area: 925
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 925
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 32 TWP 14 RGE 22 COM S 00-07-30 W 25 FT & S 89-52-30 E 1700.25 FT FROM THE CENTER OF SAID SEC 32 TH S 89-52-30 E 70 FT TH S 00-07-30 W 125 FT TH N 89-52-30 W 70 FT TH N 00-07-30 E 125 FT TO THE POB

Ownership

  • Current Owner : KMS ENTERPRISES LLC
  • Previous Owner : RE PROPERTY HOLDINGS LLC
  • Owner Before Previous Owner: MAXTED DAVID
  • Owner Before Previous Owner 2: POIRER KAREN L
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001301

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 177
  • Parcel: 15480-000-00
  • Meridian: SEC 32 TWN 14S RNG 22E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.2301
  • Longitude: -82.123

    Address

  • Full Address: 1200 Ne 42nd St
  • Address - House Number: 1200
  • Street Direction: NE
  • Address - Street Name: 42nd
  • Address - Suffix Type: St
  • State: FL
  • City Name: Ocala
  • Carrier Code: C033
  • 4-Digit Zip Code: 2358
  • Zip Code: 34479

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,361
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.2562
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 63
  • Final Value: 135,566
  • High Value: 170,308
  • Low Value: 100,824

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,385,300
  • First Open Lien Mortgage Lender: COLONY AMERICAN FINANCE LENDER
  • First Open Lien Mortgage Recording Date: Aug 13, 2020
  • First Open Lien Mortgage Loan Amount: $1,385,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $77,224
  • Market Land Value: $8,225
  • Market Improvement Value: $68,999

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $60,413

    Sales

  • Current Sale Contract Date: Dec 11, 2019
  • Current Sale Recording Date: Dec 12, 2019
  • Current Sale Transaction ID: 11711068503
  • Current Sale Price: $65,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019130537
  • Previous Sale Recording Date: Dec 12, 2019
  • Previous Sale Contract Date: Dec 06, 2019
  • Previous Sale Amount: $53,000
  • Previous Sale Document Type: Warranty Deed

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Frequently Asked Questions

What neighborhood is 1200 Northeast 42nd Street located in?
The 1200 Northeast 42nd Street is a located in the neighborhood of Ocala in Marion, Ocala.
What is the average sales price for listings in 1200 Northeast 42nd Street?
The average sales price for units in 1200 Northeast 42nd Street is $0 currently.

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