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Marion 34475
2275 NW 63rd PLACE
$162,500
● House - Off Market

2275 NW 63rd PLACE

OCALA, FL 34475
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,252 Ft²
$169,006
RealtyHop Estimate
4.00%
Since Oct 1, 2022
National-US
Primary Model

About This Property

BACK ON THE MARKET DUE TO BUYER'S FINANCING! Cute cottage style home with lots of character located in Regal Park in NW Ocala near HWY 441 close to many amenities. This freshly painted 1,252 sq ft home has an open floor concept with hardwood floors throughout the house and ceramic tile in the wet areas. The bathroom has been upgraded with a new toilet, new shower fixtures, and a new vanity. Nicely sized fenced in backyard with a shed. The two bedrooms have new ceiling fans. Brand new HVAC and heat pump in 2021. Roof was replaced in 2010.
Unit Size
1,252 Ft²
Days on Market
148 days
Land Size
0.23 acres
Price per sqft
$130
Property Type
House
Property Taxes
$47
HOA Dues
-
Year Built
1970

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #OM638138)

Price History

Date / Event Date Event Price
Sep 21, 2022 Sold
Premium
Sold
Apr 26, 2022 Listed by HOMERUN REALTY $162,500
Listed by HOMERUN REALTY
May 19, 2020 Sold
Premium
Sold
May 8, 2020 No longer available -
No longer available
Jan 27, 2020 No longer available -
No longer available
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 4
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 11
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 94
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,252
  • Gross Building Area: 1,442
  • Building Area: 1,252
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,252
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: REGAL PARK
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 24 TWP 14 RGE 21 PLAT BOOK F PAGE 077 REGAL PARK BLK Q LOTS 27.28

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001500

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 159
  • Parcel: 1328-017-027
  • Block: Q
  • Lot: 27
  • Meridian: SEC 24 TWN 14S RNG 21E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.2532
  • Longitude: -82.1622

    Address

  • Full Address: 2275 Nw 63rd Pl
  • Address - House Number: 2275
  • Street Direction: NW
  • Address - Street Name: 63rd
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Ocala
  • Carrier Code: R077
  • 4-Digit Zip Code: 2451
  • Zip Code: 34475

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $142,834
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.2594
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 63
  • Final Value: 152,778
  • High Value: 192,420
  • Low Value: 113,136

    Market Valuation

  • Market Total Value: $111,344
  • Market Land Value: $11,900
  • Market Improvement Value: $99,444

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $111,344
  • Assessed Land Value: $11,900
  • Assessed Improvements Value: $99,444

    Sales

  • Current Sale Contract Date: Sep 20, 2022
  • Current Sale Recording Date: Sep 21, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 137302
  • Previous Sale Recording Date: May 19, 2020
  • Previous Sale Contract Date: May 11, 2020
  • Previous Sale Amount: $59,500
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marion

Stats & Trends

Median Asking:

$287,500

Sale Price/ft²

$175

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1872 ft²

Average Home Age

21.4 years

Currently For Sale

5366 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1722 Nw 35 Street, OCALA, FL, 34475

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,311 ft²
1722 Nw 35 Street, OCALA, FL, 34475 Listing by Raymond Ramirez

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Joshua Smith
HOMERUN REALTY
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM638138
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2275 Northwest 63rd Place built and last sold?
The property at 2275 Northwest 63rd Place was built in 1970 and last sold on Sep 20, 2022 for $162,500.
How much is this home worth?
The estimated value of the home located at 2275 Northwest 63rd Place is $0.
What are some comparable homes to 2275 Northwest 63rd Place?
There are currently no comparable homes to 2275 Northwest 63rd Place.
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