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Marion 34482
31 NEVER BEND Drive
$240,000
● House - Off Market

31 NEVER BEND Drive

Ocala, FL 34482
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,765 Ft²
$344,861
RealtyHop Estimate
46.75%
Since Aug 1, 2019
National-US
Primary Model

About This Property

This is a Short Sale.  Over 7 Acres of land with a beautiful screened in pool.    Let this small farm with barn and paddocks be your new home!  Fantastic Opportunity for to buy a mini farm!
Unit Size
1,765 Ft²
Days on Market
-
Land Size
-
Price per sqft
$133
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1995

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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 (Real MLS #926389)

Price History

Date / Event Date Event Price
Apr 21, 2021 Sold
Premium
Sold
Jul 9, 2019 Sold
Premium
Sold
Mar 16, 2018 Listed by ADVANTAGE ONE REALTY OF FLORIDA LLC $234,999
Listed by ADVANTAGE ONE REALTY OF FLORIDA LLC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Bedroom Count: 3
  • 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: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 11
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 575
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 111
  • Pool Type: 4

    Dimensions

  • Lot Size Square Feet: 313,632
  • Lot Size Depth Feet: 10,340
  • Lot Size Frontage Feet: 6,100
  • Total Building Area: 2,340
  • Gross Building Area: 3,946
  • Building Area: 1,765
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 1,765
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOW WOOD FARMS
  • Land Acres: 0000007200
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 06 TWP 15 RGE 20 PLAT BOOK N PAGE 001 MEADOW WOOD FARMS UNIT 2 BLK 11 LOTS 8.9

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 002602

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: MAP 73
  • Parcel: 2097-011-008
  • Block: 11
  • Lot: 8
  • Meridian: SEC 6 TWN 15S RNG 20E
  • Municipality: COUNTY - SWFWMD-WR
  • Latitude: 29.212
  • Longitude: -82.338

    Address

  • Full Address: 31 Never Bend Dr
  • Address - House Number: 31
  • Address - Street Name: Never Bend
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Ocala
  • Carrier Code: R041
  • 4-Digit Zip Code: 3522
  • Zip Code: 34482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $682,410
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.2098
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 71
  • Final Value: 599,177
  • High Value: 724,905
  • Low Value: 473,449

    Market Valuation

  • Market Total Value: $611,678
  • Market Land Value: $255,600
  • Market Improvement Value: $356,078

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $451,988

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 24, 2021
  • Current Sale Recording Date: Apr 21, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021052457
  • Previous Sale Recording Date: Jul 09, 2019
  • Previous Sale Contract Date: Jun 24, 2019
  • Previous Sale Amount: $240,000
  • 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:

$288,700

Sale Price/ft²

$175

Below Asking

0.01%

Average Days on Market

91

Average Home Size

1880 ft²

Average Home Age

20.7 years

Currently For Sale

3983 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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Real MLS

Listed by: JEREMY RESNICK, ADVANTAGE ONE REALTY OF FLORIDA LLC
Last Updated: 3 years ago
Data Source: Real MLS, MLS# 926389
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. Data is deemed reliable but is not guaranteed accurate by NEFMLS. 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 31 Never Bend Drive built and last sold?
The property at 31 Never Bend Drive was built in 1995 and last sold on Mar 24, 2021 for $445,000.
How much is this home worth?
The estimated value of the home located at 31 Never Bend Drive is $0.
What are some comparable homes to 31 Never Bend Drive?
There are currently no comparable homes to 31 Never Bend Drive.
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