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Marion 34420
4741 SE 98th LANE
$218,000
● House - Off Market

4741 SE 98th LANE

BELLEVIEW, FL 34420
bedrooms
3 Beds
bathrooms
2 Baths
square feet
984 Ft²
$228,091
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

This is a quant hidden gem, just off of 441 in Belleview. It's nestled into a quiet neighborhood, is a fully fenced in 1 acre lot zoned A1 with no HOA, that's been cleared and is a perfect blank canvas. This 3 bedroom, 2 full bathroom home has a BRAND NEW 2022 roof, beautiful new luxury vinyl flooring throughout. The master bedroom boasts a fully renovated bathroom and a walk in closet! This is a great starter home, especially great for someone who's looking for a bit of country living while still be conveniently located to a plethora of shops, grocery stores, restaurants, and so much more!
Unit Size
984 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$219
Property Type
House
Property Taxes
$100
HOA Dues
-
Year Built
1990

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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 #OM647278)

Price History

Date / Event Date Event Price
Dec 2, 2022 Sold
Premium
Sold
Oct 21, 2022 Listed by DEACON AND SOLDIER PROPERTIES $215,000
Listed by DEACON AND SOLDIER PROPERTIES
Mar 24, 2022 Sold
Premium
Sold
Sep 9, 2010 Sold
Premium
Sold
Mar 22, 2010 Sold
Premium
Sold

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • 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: 15
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 11
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 14
  • 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: 43,560
  • Lot Size Depth Feet: 2,080
  • Lot Size Frontage Feet: 2,080
  • Total Building Area: 984
  • Gross Building Area: 1,008
  • Building Area: 984
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 984
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 24 TWP 16 RGE 22 COM AT THE SW COR OF THE SW 1/4 TH N 00-00-47 E 1141.60 FT TH S 89-50-50 E 331.47 FT TO THE POB TH CONT S 89-50-50 E 208.71 FT TH S 00-09-11 W 208.71 FT TH N 89-50-50 W 208.71 FT TH N 00-09-11 E 208.71 FT TO THE POB TOGETHER WITH

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001105

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: MAP 216
  • Parcel: 36980-001-00
  • Meridian: SEC 24 TWN 16S RNG 22E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.0799
  • Longitude: -82.0688

    Address

  • Full Address: 4741 Se 98th Ln
  • Address - House Number: 4741
  • Street Direction: SE
  • Address - Street Name: 98th
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Belleview
  • Carrier Code: R008
  • 4-Digit Zip Code: 6203
  • Zip Code: 34420

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $91,400
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.2257
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 68
  • Final Value: 166,302
  • High Value: 203,852
  • Low Value: 128,753

    Market Valuation

  • Market Total Value: $78,664
  • Market Land Value: $13,260
  • Market Improvement Value: $65,404

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $78,664
  • Assessed Land Value: $13,260
  • Assessed Improvements Value: $65,404

    Sales

  • Current Sale Contract Date: Dec 01, 2022
  • Current Sale Recording Date: Dec 02, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 168651
  • Previous Sale Recording Date: Mar 24, 2022
  • Previous Sale Contract Date: Mar 22, 2022
  • Previous Sale Amount: $80,000
  • 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:

$287,945

Sale Price/ft²

$175

Below Asking

0.01%

Average Days on Market

91

Average Home Size

1893 ft²

Average Home Age

20.7 years

Currently For Sale

3853 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 7 Juniper Pass Way, OCALA, FL, 34480

$1,695 /mo

  • 3 Beds
  • 2 Baths
  • 1,287 ft²
7 Juniper Pass Way, OCALA, FL, 34480 Listing by Sebastian Kinzer
Unit for rent at 10763 Se 44th Terrace, BELLEVIEW, FL, 34420

$1,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,288 ft²
10763 Se 44th Terrace, BELLEVIEW, FL, 34420 Listing by Doug Gulick

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Rasha Elmallah
DEACON AND SOLDIER PROPERTIES
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM647278
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 4741 Southeast 98th Lane built and last sold?
The property at 4741 Southeast 98th Lane was built in 1990 and last sold on Dec 1, 2022 for $218,000.
How much is this home worth?
The estimated value of the home located at 4741 Southeast 98th Lane is $0.
What are some comparable homes to 4741 Southeast 98th Lane?
There are currently no comparable homes to 4741 Southeast 98th Lane.
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