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Marion 34479
3900 NE 22nd AVENUE
$219,000
● House - Off Market

3900 NE 22nd AVENUE

OCALA, FL 34479
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,388 Ft²
$231,835
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Check out this concrete block home with fenced back yard and screened back porch! Located on an oversized corner lot and close to shopping and restaurants! Tons of open space and natural light in this home and its had a make over! Freshly painted inside and outside, new kitchen cabinets and countertops, new dishwasher, new backsplash, new bathroom vanities! Indoor laundry room that exits to the freshly painted garage! NO CARPET!! Home is all tile! Huge Kitchen with large pantry! Make your appointment today! Roof 2016, water heater 2010, HVAC 1996 (room measurements are estimated)
Unit Size
1,388 Ft²
Days on Market
158 days
Land Size
0.33 acres
Price per sqft
$158
Property Type
House
Property Taxes
$175
HOA Dues
-
Year Built
1980

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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 #OM643904)

Price History

Date / Event Date Event Price
Jan 11, 2023 Sold
Premium
Sold
Aug 5, 2022 Listed by BERKSHIRE HATHAWAY HS FLORIDA $219,000
Listed by BERKSHIRE HATHAWAY HS FLORIDA
Aug 27, 2010 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 4
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • 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: 260
  • Parking Space Count: 1
  • Patio Type: 59
  • Porch Type: 111
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 1,610
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,648
  • Gross Building Area: 1,968
  • Building Area: 1,388
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,388
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCALA OAKS
  • Land Acres: 0000000330
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 33 TWP 14 RGE 22 PLAT BOOK S PAGE 123 OCALA OAKS UNIT 1 BLK E LOT 9

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001302

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 194
  • Parcel: 1580-005-009
  • Block: E
  • Lot: 9
  • Meridian: SEC 33 TWN 14S RNG 22E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.2276
  • Longitude: -82.1086

    Address

  • Full Address: 3900 Ne 22nd Ave
  • Address - House Number: 3900
  • Street Direction: NE
  • Address - Street Name: 22nd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Ocala
  • Carrier Code: C027
  • 4-Digit Zip Code: 2559
  • Zip Code: 34479

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $247,130
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 69
  • Final Value: 227,525
  • High Value: 277,991
  • Low Value: 177,059

    Market Valuation

  • Market Total Value: $165,601
  • Market Land Value: $60,000
  • Market Improvement Value: $105,601

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,620

    Sales

  • Current Sale Contract Date: Jan 10, 2023
  • Current Sale Recording Date: Jan 11, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4107
  • Previous Sale Recording Date: Jan 26, 2012
  • Previous Sale Contract Date: Jan 19, 2012
  • Previous Sale Document Type: 54
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:

$287,900

Sale Price/ft²

$175

Below Asking

0.01%

Average Days on Market

91

Average Home Size

1894 ft²

Average Home Age

20.7 years

Currently For Sale

3875 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 3783 Ne 30th Terrace, OCALA, FL, 34479

$1,995 /mo

  • 4 Beds
  • 2 Baths
  • 1,879 ft²
3783 Ne 30th Terrace, OCALA, FL, 34479 Listing by Mustafa Turunc

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Marlene Williamson
BERKSHIRE HATHAWAY HS FLORIDA
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM643904
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 3900 Northeast 22nd Avenue built and last sold?
The property at 3900 Northeast 22nd Avenue was built in 1980 and last sold on Jan 10, 2023 for $219,000.
How much is this home worth?
The estimated value of the home located at 3900 Northeast 22nd Avenue is $0.
What are some comparable homes to 3900 Northeast 22nd Avenue?
There are currently no comparable homes to 3900 Northeast 22nd Avenue.
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