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2801 Southwest 16th Street

2801 Southwest 16th Street, Ocala, FL 34474
Property in Ocala
Sold Jul 14, 2017
$132,000
$129,609 by Hamilton Group Funding Inc
Mortgage Due Aug 01, 2047
Sold Jun 13, 2016
$56,380
2801 Southwest 16th Street in Ocala, FL was first built in 1972 and is 52 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a modern style. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2801 Southwest 16th Street has 1,520 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,220. In total, the area measurement of the land is 12,197 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable style roof made of fiberglass. For those who need parking, there is a attached garage. The garage is 399 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as poor. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2801 Southwest 16th Street was last sold in Jul 12, 2017 for $132,000. According to our calculations, that's $68.79 per sqft. Prior to that sales transaction, the property was sold for $56,380 in May 25, 2016. Current property owners are expected to pay $1,097 in taxes per year. The property on 2801 Southwest 16th Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $85,530. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Poor
  • 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: Vinyl
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 399
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,919
  • Gross Building Area: 2,413
  • Building Area: 1,520
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,520
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COLLEGE HEIGHTS PARK 1ST ADD
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 23 TWP 15 RGE 21 PLAT BOOK G PAGE 069 COLLEGE HEIGHTS PARK 1ST ADD REV BK C LOT 18

Ownership

  • Current Owner : OLIVO JONATHAN DANIEL
  • Previous Owner : FARR DAVE
  • Previous Owner 2: FARR CHARLENE
  • Owner Before Previous Owner: BANK OF AMERICA NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001600

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 162
  • Parcel: 2344-003-018
  • Block: C
  • Lot: 18
  • Meridian: SEC 23 TWN 15S RNG 21E
  • Municipality: OCALA
  • Latitude: 29.1731
  • Longitude: -82.1703

    Address

  • Full Address: 2801 Sw 16th St
  • Address - House Number: 2801
  • Street Direction: SW
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Ocala
  • Carrier Code: R052
  • 4-Digit Zip Code: 2964
  • Zip Code: 34474

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,097
  • Tax Rate Code Area: 1001

    Appraisal Valuation

  • Standard Deviation: 0.2401
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 286,034
  • High Value: 354,736
  • Low Value: 217,333

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $129,609
  • First Open Lien Mortgage Lender: HAMILTON GROUP FUNDING INC
  • First Open Lien Mortgage Recording Date: Jul 14, 2017
  • First Open Lien Mortgage Loan Amount: $129,609
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2047

    Market Valuation

  • Market Total Value: $192,578
  • Market Land Value: $35,000
  • Market Improvement Value: $157,578

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,530

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 12, 2017
  • Current Sale Recording Date: Jul 14, 2017
  • Current Sale Transaction ID: 1590283130
  • Current Sale Price: $132,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017063923
  • Previous Sale Recording Date: Jun 13, 2016
  • Previous Sale Contract Date: May 25, 2016
  • Previous Sale Amount: $56,380
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HAMILTON GROUP FUNDING INC
  • First Mortgage Transaction Date: Jul 14, 2017
  • First Mortgage Loan Amount: $129,609
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2047

About Ocala



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Frequently Asked Questions

What neighborhood is 2801 Southwest 16th Street located in?
The 2801 Southwest 16th Street is a located in the neighborhood of Ocala in Ocala, Ocala.
What is the average sales price for listings in 2801 Southwest 16th Street?
The average sales price for units in 2801 Southwest 16th Street is $0 currently.

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