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536 Southwest Martin Luther King Jr Avenue

536 Southwest Martin Luther King Jr Avenue, Ocala, FL 34471
Property in Ocala
Sold Jul 29, 2016
$60,000
$57,000 by Geneva Financial Llc
Mortgage Due Jul 01, 2046
Sold Apr 22, 2015
$21,500
536 Southwest Martin Luther King Jr Avenue in Ocala, FL was first built in 1993 and is 31 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, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 536 Southwest Martin Luther King Jr Avenue has 1,275 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 800 ft and the linear feet between the front and back of the lot is 800. In total, the area measurement of the land is 6,534 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a hip style roof made of fiberglass. 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 alum/vinyl siding. 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 gas. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 536 Southwest Martin Luther King Jr Avenue sold most recently in Jun 30, 2016 for a total of $60,000. If you work out the math, that's approximately a cost of $47.06 per sqft. Before that, the property was also sold for $21,500 in Mar 16, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $782 in taxes each year. 536 Southwest Martin Luther King Jr Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $68,348. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Poor
  • Building Quality: D
  • Building Style: Modern
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,275
  • Gross Building Area: 1,443
  • Building Area: 1,275
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,275
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ANDERSONS ADD
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 13 TWP 15 RGE 21 PLAT BOOK A PAGE 075 ANDERSONS ADD OCALA BLK 9 LOTS 3.4

Ownership

  • Current Owner : FIGUEROA ISAIAS MORALES
  • Previous Owner : VICTORY PROPERTY INC
  • Owner Before Previous Owner: WELLS FARGO BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marion County School District

Zoning

  • Zoning: R1AA

Geography

  • Assessors Map Reference: MAP 162
  • Parcel: 2262-009-003
  • Block: 9
  • Lot: 3
  • Meridian: SEC 13 TWN 15S RNG 21E
  • Municipality: OCALA
  • Latitude: 29.1814
  • Longitude: -82.1527

    Address

  • Full Address: 536 Sw Martin L King Ave
  • Address - House Number: 536
  • Street Direction: SW
  • Address - Street Name: Martin L King
  • Address - Suffix Type: Ave
  • State: FL

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $782
  • Tax Rate Code Area: 1001

    Appraisal Valuation

  • Standard Deviation: 0.478
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 4
  • Final Value: 70,048
  • High Value: 103,534
  • Low Value: 36,561

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $57,000
  • First Open Lien Mortgage Lender: GENEVA FINANCIAL LLC
  • First Open Lien Mortgage Recording Date: Jul 29, 2016
  • First Open Lien Mortgage Loan Amount: $57,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2046

    Market Valuation

  • Market Total Value: $139,429
  • Market Land Value: $8,840
  • Market Improvement Value: $130,589

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,348

    Exemptions

  • Disabled Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 30, 2016
  • Current Sale Recording Date: Jul 29, 2016
  • Current Sale Transaction ID: 1775868410
  • Current Sale Price: $60,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016070744
  • Previous Sale Recording Date: Apr 22, 2015
  • Previous Sale Contract Date: Mar 16, 2015
  • Previous Sale Amount: $21,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GENEVA FINANCIAL LLC
  • First Mortgage Transaction Date: Jul 29, 2016
  • First Mortgage Loan Amount: $57,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2046

About Ocala



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Frequently Asked Questions

What neighborhood is 536 Southwest Martin Luther King Jr Avenue located in?
The 536 Southwest Martin Luther King Jr Avenue is a located in the neighborhood of Ocala in Ocala, Ocala.
What is the average sales price for listings in 536 Southwest Martin Luther King Jr Avenue?
The average sales price for units in 536 Southwest Martin Luther King Jr Avenue is $0 currently.

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