NOT LISTED FOR SALE

1116 SE 5th St Ocala, FL 34471

Southeast Ocala Neighborhood

Estimated Value: $828,000 - $1,113,317

4 Beds
5 Baths
3,666 Sq Ft
$268/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $665,000 $181 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,698/month

206 Days on Market

Highlights

  • The property is located in a historic district
  • 1.43 Acre Lot
  • Mature Landscaping
  • Eighth Street Elementary School Rated A-
  • No HOA
  • Front Porch

About This Home

As of June 2021

Stunning 1.89 acres with a 4-bedroom, 3.5 bath brick home in Ocala’s beautiful Historic District! This home is located on a corner lot with idyllic oak trees. You will walk inside to find spacious rooms, high ceilings, formal and informal living areas. Seize the opportunity to update this wonderful home to be exactly how you dream it to be!

Last Agent to Sell the Property

Carolyn Roberts

ROBERTS REAL ESTATE INC License #47604 Listed on: 10/21/2020

ROBERTS REAL ESTATE INC

Co-Listed By

John Roberts

ROBERTS REAL ESTATE INC License #3329338

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,637

Year Built

  • Built in 1952

Lot Details

  • 1.43 Acre Lot
  • North Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 3,666 Sq Ft Home
  • Ceiling Fan

Kitchen

  • Convection Oven
  • Cooktop
  • Microwave

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan

Outdoor Features

  • Rain Gutters
  • Front Porch

Location

  • The property is located in a historic district
  • City Lot

Schools

  • Eighth Street Elem. Elementary School
  • Osceola Middle School
  • Forest High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Caldwells Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,637

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Brick
  • Fireplace: Yes
  • Living Area: 3666
  • Lot Size Acres: 1.43
  • New Construction: No
  • Year Built: 1952
  • Building Area Total: 4264
  • Lot Size Sq Ft: 82131
  • Directions to Property: Travel East on E Silver Springs Blvd. Turn R on SE 11th Ave. Turn L on SE 5th Street. Home will be on the right!
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM609782?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM609782?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.83229
  • Price per Sq Ft: 181.4
  • Close to Original List Price Ratio: 0.73971
  • Ratio: Current Price\Building Area Total: 155.96
  • View: No
  • Co List Office Mls Id: 271500008
  • Co List Office Phone: 352-351-0011
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Split Bedroom
  • Appliances Included: Convection Oven, Cooktop, Microwave
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 1116
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Eighth Street Elem. School
  • High School: Forest High School
  • Middle Or Junior School: Osceola Middle School

Lot Info

  • Zoning: R1
  • Parcel Number: 2820-026-014
  • Additional Parcels: No
  • Lot Features: Historic District, City Lot
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3637
  • Tax Block: N/A
  • Tax Book Number: E/004
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Jun 28, 2021
Sold by
Seibert Mary S and Mildred S Shashy Revocable Tru
Bought by
1116 Llc
Seller's Agent
Carolyn Roberts
ROBERTS REAL ESTATE INC
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$799,000
Sold Price
$665,000
Premium/Discount to List
-$134,000
-16.77%
Total Days on Market
206
Current Estimated Value
$981,439

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,439
Avg. Annual Appreciation
9.99%

Purchase Details

Closed on
Oct 7, 2020
Sold by
Mildred S Shashy Revocable Trust
Bought by
Seibert Mary S and Hutto Linda S

Purchase Details

Closed on
May 1, 2016
Bought by
Shashy Mildred S
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1116 Llc $665,000 Attorney
Seibert Mary S $100 None Listed On Document
Shashy Mildred S $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1116 Llc $1,000,000
Closed Zephyr Homes Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2021 06/28/21 Sold $665,000 -16.8% $181 / Sq Ft
05/15/2021 05/15/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $799,000 0.0% $218 / Sq Ft
05/06/2021 05/06/21 Pending -- -- --
01/11/2021 01/11/21 Price Changed $799,000 -11.1% $218 / Sq Ft
10/21/2020 10/21/20 For Sale $899,000 -- $245 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $14,253 $782,965 $0 $0
2022 $12,787 $711,786 $237,120 $474,666
2021 $10,341 $555,356 $213,408 $341,948
2020 $3,699 $242,728 $0 $0
2019 $3,637 $237,271 $0 $0
2018 $3,506 $232,847 $0 $0
2017 $3,478 $228,058 $0 $0
2016 $3,439 $223,367 $0 $0
2015 $3,467 $221,814 $0 $0
2014 $3,189 $220,054 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carolyn Roberts

    Seller's Agent in 2021

    Carolyn Roberts

    ROBERTS REAL ESTATE INC

    (352) 351-0011

    30 in this area

    70 Total Sales

    Carolyn Roberts
    Section Image
  • John Roberts

    Seller Co-Listing Agent in 2021

    John Roberts

    ROBERTS REAL ESTATE INC

    (352) 351-0011

    33 in this area

    86 Total Sales

    John Roberts
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM609782

Stellar MLS

APN: 2820-026-014

Florida Marion County Ocala 34471 Southeast Ocala

1116 SE 5th St, Ocala, FL

This home is located at 1116 SE 5th St, Ocala, FL 34471 since 21 October 2020 and is currently estimated at $981,439, approximately $267 per square foot. This property was built in 1952. 1116 SE 5th St is a home located in Marion County with nearby schools including Eighth Street Elementary School, Osceola Middle School, and Forest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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