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Marion 34472
3 Pecan LOOP
$200,000
● House - Off Market

3 Pecan LOOP

OCALA, FL 34472
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,755 Ft²
$1,095
Est. Monthly
12.52%
Cap Rate

About This Property

Welcome to your next lucrative venture in a great, quiet location. This charming property boasts the potential to become a gem with just a touch of tender loving care. With the major components already replaced, this is a fantastic opportunity. A/C was replaced in 2022, water heater is brand new, the roof is in good condition and replaced in 2011. This home is priced well below market value for a quick sale. The home offers 4 bedrooms and 2 bathrooms. 4th bedroom could also be used as a second living space, in-law suite or game room. The home offers a screened lanai as well as a fenced backyard. The yard could be immaculate after a weekend of trimming up the foliage. Don't miss out on this opportunity, call today.
Unit Size
1,755 Ft²
Days on Market
56 days
Land Size
0.27 acres
Price per sqft
$114
Property Type
House
Property Taxes
$113
HOA Dues
-
Year Built
1992

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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 #OM680343)

Price History

Date / Event Date Event Price
Aug 9, 2024 Sold
Premium
Sold
Jun 17, 2024 In contract -
In contract
Jun 14, 2024 Listed by COLDWELL REALTY SOLD GUARANTEE $200,000
Listed by COLDWELL REALTY SOLD GUARANTEE
Mar 1, 2016 Sold
Premium
Sold
Jan 16, 2013 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 4
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 11
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 0
  • Patio Type: 5
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,761
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 940
  • Total Building Area: 1,755
  • Gross Building Area: 2,035
  • Building Area: 1,755
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,755
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER SPRINGS SHORES
  • Land Acres: 0000000270
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 32 TWP 15 RGE 23 PLAT BOOK J PAGE 161 SILVER SPRINGS SHORES UNIT 20 BLK 381 LOT 9

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001209

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 233
  • Parcel: 9020-0381-09
  • Block: 381
  • Lot: 9
  • Meridian: SEC 32 TWN 15S RNG 23E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.1457
  • Longitude: -82.0302

    Address

  • Full Address: 3 Pecan Loop
  • Address - House Number: 3
  • Address - Street Name: Pecan
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Ocala
  • Carrier Code: R091
  • 4-Digit Zip Code: 6216
  • Zip Code: 34472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $135,256
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.2491
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 64
  • Final Value: 247,481
  • High Value: 309,150
  • Low Value: 185,813

    Market Valuation

  • Market Total Value: $211,685
  • Market Land Value: $21,000
  • Market Improvement Value: $190,685

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $103,353

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 2016
  • Current Sale Recording Date: Mar 01, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: Jan 16, 2013
  • Previous Sale Contract Date: Jan 14, 2013
  • Previous Sale Amount: $74,000
  • 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:

$287,500

Sale Price/ft²

$175

Below Asking

0.03%

Average Days on Market

82

Average Home Size

1874 ft²

Average Home Age

21.2 years

Currently For Sale

5259 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 216 Hickory Course, OCALA, FL, 34472

$2,300 /mo

  • 4 Beds
  • 2 Baths
  • 1,827 ft²
216 Hickory Course, OCALA, FL, 34472 Listing by Julie Martinez
Unit for rent at 259 Hickory Course Radial, OCALA, FL, 34472

$2,300 /mo

  • 3 Beds
  • 2 Baths
  • 1,670 ft²
259 Hickory Course Radial, OCALA, FL, 34472 Listing by Jennifer Arango

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Brandt King
COLDWELL REALTY SOLD GUARANTEE
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM680343
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 3 Pecan Loop built and last sold?
The property at 3 Pecan Loop was built in 1992 and last sold on Mar 1, 2016 for $100.
How much is this home worth?
The estimated value of the home located at 3 Pecan Loop is $207,729.
What are some comparable homes to 3 Pecan Loop?
There are currently no comparable homes to 3 Pecan Loop.
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