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Marion 32784
26183 SE 159th LANE
$75,000
● Mobile Manufactured - Off Market

26183 SE 159th LANE

UMATILLA, FL 32784
bedrooms
2 Beds
bathrooms
1 Bath
square feet
672 Ft²
$75,581
RealtyHop Estimate
0.78%
Since Jun 1, 2023
National-US
Primary Model

About This Property

Welcome home to the best hunting and fishing around. This area of the Ocala National Forest is a hunter and fisherman's paradise. OWNER FINANCING IS AVAILABLE! that makes it very easy to acquire this home. There are a few major repairs needed but easily affordable and doable. This home could be turned into a hunters retreat or just make it your family home! Lake Nicatoon is directly behind this home. Orlando Florida is about an hour away. Daytona Beach is about an hour away. The Village's is about 20 minutes away. From here you can see launches of the rockets from the east coast of Florida. Call me today so we can work out a deal for you on this home!
Unit Size
672 Ft²
Days on Market
-
Land Size
0.57 acres
Price per sqft
$112
Property Type
Mobile Manufactured
Property Taxes
$50
HOA Dues
-
Year Built
1971

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #OM655718)

Price History

Date / Event Date Event Price
May 2, 2023 Sold
Premium
Sold
Mar 31, 2023 Listed by QUARTER STONE REALTY, LLC $75,000
Listed by QUARTER STONE REALTY, LLC
Apr 23, 2001 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 2
  • Building Quality: 13
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 19
  • Interior Walls Type: 18
  • Roof Shape Type: 1
  • Roof Cover Type: 5
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 24,829
  • Lot Size Depth Feet: 1,540
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 672
  • Gross Building Area: 782
  • Building Area: 672
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 672
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE NICATOON HIDE-A-WAY
  • Land Acres: 0000000570
  • Standard Land Use Code: 1006
  • County Land Use Code: 0230
  • State Land Use Code: 002
  • Mobile Home Indicator: T
  • Legal Description 1: SEC 21 TWP 17 RGE 26 PLAT BOOK UNR PAGE 110 LAKE NICATOON HIDE-A-WAY LOT 20 BEING MORE PARTICULARLY DESC AS: COM AT THE SW COR OF SEC 21 TH N 00-28-30 E 50 FT TH S 89-08-50 E 950.20 FT TO THE POB TH S 89-08-50 E 100 FT TH N 00-28-30 E 120 FT TH N 21-

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 000604

Zoning

  • Zoning: R4

Geography

  • Assessors Map Reference: MAP 418
  • Parcel: 50928-016-00
  • Lot: 20
  • Meridian: SEC 21 TWN 17S RNG 26E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 28.9903
  • Longitude: -81.7207

    Address

  • Full Address: 26183 Se 159th Ln
  • Address - House Number: 26183
  • Street Direction: SE
  • Address - Street Name: 159th
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Umatilla
  • Carrier Code: R003
  • 4-Digit Zip Code: 9129
  • Zip Code: 32784

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $62,792
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.2432
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 65
  • Final Value: 64,262
  • High Value: 79,891
  • Low Value: 48,633

    Market Valuation

  • Market Total Value: $23,614
  • Market Land Value: $12,051
  • Market Improvement Value: $11,563

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $18,708

    Sales

  • Current Sale Contract Date: Apr 27, 2023
  • Current Sale Recording Date: May 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 53893
  • Previous Sale Recording Date: Apr 23, 2001
  • Previous Sale Contract Date: Apr 13, 2001
  • Previous Sale Amount: $13,000
  • 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:

$288,900

Sale Price/ft²

$175

Below Asking

0.01%

Average Days on Market

91

Average Home Size

1880 ft²

Average Home Age

20.8 years

Currently For Sale

3956 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

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STELLAR

Listed by: Cleedia Huff
QUARTER STONE REALTY, LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM655718
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 26183 Southeast 159th Lane built and last sold?
The property at 26183 Southeast 159th Lane was built in 1971 and last sold on Apr 27, 2023 for $75,000.
How much is this home worth?
The estimated value of the home located at 26183 Southeast 159th Lane is $0.
What are some comparable homes to 26183 Southeast 159th Lane?
There are currently no comparable homes to 26183 Southeast 159th Lane.
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