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8428 Northwest 2nd Street

8428 Northwest 2nd Street, Ocala, FL 34482
Property in Fellowship
Sold Jul 23, 2021
$250,000
$250,000 by Golden Ocala Equestrian Land L
Mortgage
Sold Dec 04, 2018
$275,000
8428 Northwest 2nd Street has been categorized by the local assessors in Ocala, FL as a residential type of property. The building on the property was first built in 1984 and is 40 years old. The home has a total of 3 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 8428 Northwest 2nd Street has 2,021 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 3,860 ft and across the front of the lot is 1,990 ft. The area measurement of the land has been determined as 76,666 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 518 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as poor. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The building has a hip style roof made of fiberglass. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a well system. The property is connected to a septic system and not a municipal sewage system. The homeowner of this property will need to handle their own water disposal. 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, 8428 Northwest 2nd Street sold most recently in Jul 16, 2021 for a total of $250,000. If you work out the math, that's approximately a cost of $98.46 per sqft. Before that, the property was also sold for $275,000 in Dec 4, 2018. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,277 in taxes each year. 8428 Northwest 2nd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $291,521. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1984
  • Effective Year Built: 1984
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Poor
  • Building Quality: B
  • Building Style: Modern
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 518
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 76,666
  • Lot Size Depth Feet: 3,860
  • Lot Size Frontage Feet: 1,990
  • Total Building Area: 2,539
  • Gross Building Area: 3,926
  • Building Area: 2,021
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,021
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: SHERMAN OAKS 1ST ADD
  • Land Acres: 1.76
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 13 TWP 15 RGE 20 PLAT BOOK T PAGE 086 SHERMAN OAKS 1ST ADD BLK B LOT 4 EXC COM NE COR OF LOT 4 BLK B TH N 58-48-37 W 411.92 FT TO NW COR OF SAID LOT 4 TH S 57-08-01 E 413.59 FT TO A PT ON E LINE OF SAID LOT 4 SAID PT BEING ON A CURVE CONCAVED SEL

Ownership

  • Current Owner : WARD STEVEN L
  • Current Owner 2: WARD JANNA L
  • Previous Owner : GOLDEN OCALA EQUESTRAIN LAND LLC
  • Owner Before Previous Owner: GAMMIE FRANCES M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: MAP 110
  • Parcel: 2108-002-004
  • Block: B
  • Lot: 4
  • Meridian: SEC 13 TWN 15S RNG 20E
  • Municipality: COUNTY - SWFWMD-WR
  • Latitude: 29.1899
  • Longitude: -82.2593

    Address

  • Full Address: 8428 Nw 2nd St
  • Address - House Number: 8428
  • Street Direction: NW
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: FL
  • City Name: Ocala
  • Carrier Code: R132
  • 4-Digit Zip Code: 3808
  • Zip Code: 34482

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $4,277
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 450,728
  • High Value: 559,537
  • Low Value: 341,919

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $380,000
  • First Open Lien Mortgage Lender: GOLDEN OCALA EQUESTRIAN LAND L
  • First Open Lien Mortgage Recording Date: Jul 23, 2021
  • First Open Lien Mortgage Loan Amount: $250,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • Second Open Lien Mortgage Lender: SUNCOAST CREDIT UNION
  • Second Open Lien Mortgage Recording Date: Dec 02, 2022
  • Second Open Lien Mortgage Loan Amount: $130,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $426,967
  • Market Land Value: $75,680
  • Market Improvement Value: $351,287

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $291,521

    Sales

  • Current Sale Contract Date: Jul 16, 2021
  • Current Sale Recording Date: Jul 23, 2021
  • Current Sale Transaction ID: 11845800041
  • Current Sale Price: $250,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021099908
  • Previous Sale Recording Date: Dec 04, 2018
  • Previous Sale Contract Date: Dec 04, 2018
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOLDEN OCALA EQUESTRIAN LAND L
  • First Mortgage Transaction Date: Jul 23, 2021
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

About Marion



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Frequently Asked Questions

What neighborhood is 8428 Northwest 2nd Street located in?
The 8428 Northwest 2nd Street is a located in the neighborhood of Fellowship in Marion, Ocala.
What is the average sales price for listings in 8428 Northwest 2nd Street?
The average sales price for units in 8428 Northwest 2nd Street is $0 currently.

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