215 Malauka Loop, Ocklawaha, FL 32179

215 Malauka Loop, Ocklawaha, FL 32179

3 beds 2 baths 2,194 Sqft

Overview Neighborhood Amenities Price details

$169,700

House

For Sale

Closed at $165,000
$77.35/sf

Description:

Closed - House for sale

Note: This property is not currently for sale or for rent on beycome. The description below may be from a previous listing.

This property has NON-PAYING tenants. Yes, it has tenants with an expired contract several years ago. They were paying $1,000 per month but haven't pay anything in a long time. The potential buyer must be CASH or HARD MONEY. Conventional financing wouldn't qualify because of the tenant's situation and the condition of the house. House sold AS-IS with existing tenant. New buyer responsible for dealing with tenant and existing situation. No security deposit. No payments. Open house Saturday, 08/21/2021 from 11:00 am to 1:00 pm Property address: 215 Malauka Loop. Ocklawaha, Fl. 32179 Sales price: $169,700 ARV (after repair value): $280,000 Estimated repairs: $40,000 approximately. (maybe even $35,000) Beds/Baths: 3/2 Size: 2,194 sqft. Lot: 10,000 sqft. Construction type: Block Garage: 2 car garage Built: 2007 Cash or hard money. Conventional might not get approved because of the condition of the property. Amazing deal with this property located in a newer neighborhood with tons of new builds going on. Strong comparables at an average of $128 to $133 per sqft. The property was an amazingly beautiful a couple of years ago, but current tenants have totally damaged it by having a kennel inside the house with 12 dogs. All inside the house running around and destroying the house. $40k would totally complete the job. As you can see in the pictures, the property needs the following: Kitchen: Approximately $8,000 Both bathrooms: Approximately $3k each = $6,000 Interior and exterior paint: $5,000 Landscaping: $2,000 Flooring: $7,000 Baseboards: $2,500 Frames and doors: $2,500 Appliances: $4,500 Miscellaneous: $2,000 Everything else is in great condition. Roof, plumbing, electricity, A/C, windows. Do not wait for a better deal because there won’t be one. Investors from Tampa, keep in mind Ocklawaha is 2 hours away from Tampa but this is a great deal with lots of equity. Please, Please, Please: DO NOT DISTURB THE TENANTS.

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MLS: #O5963747

Location

* School data provided by National Center for Education Statistics, and GreatSchools. Intended for reference only. The GreatSchools Rating is based on a variety of school quality indicators, including test scores, college readiness, and equity data. To verify enrollment eligibility, contact the school or district directly.

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Facts and features:

Status: Closed

Listed Date: 08/04/2021

Days On Market: 1199

Lot Size (Acres): 0.23

Lot Size (Square Feet): 10018

See 1 more

Closing:

Availability Date: 2021-08-21

Structure:

Year Built: 2007

Tax:

Parcel Number: 9031-0936-06

Open House:

Score:

-ocklawaha-for-sale-215 malauka loop, ocklawaha, fl 32179-7934290

Mortgage All cash

Monthly expenses $1,368

Property Tax $283

HOA Fee $0

Homeowners Insurance $45

Due at Close $163,761

List price $169,700

Closing costs $2,546

beycome Pre-paid title settlement fee: $199Learn more

beycome Credit Est. $3.4K

Provided by

The information is being provided by Stellar MLS.
Information deemed reliable but not guaranteed. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS.
Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.
Broker Reciprocity disclosure: Listing information are from various brokers who participate in IDX (Internet Data Exchange).
All information should be independently reviewed and verified for accuracy.
Copyright 2024 Stellar MLS. All rights reserved.

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Customer reviews

Rufus H, Ocala, Fl

My house sold. They saw your For Sale sign in the front yard. Thanks for all your help. Thank you, Rufus H. Saved in comission fee: $7.200

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Marc & Staci K., Loxahatchee, Fl

Hi Nancy, We officially close TOMORROW!!!! And yes we got our asking price. With love and gratitude, Mission Accomplished, Closed with beycome in 1 month & 14 days. Amount Saved in commission fees: $25.794.