NOT LISTED FOR SALE

5113 NE 16th St Ocala, FL 34470

Northeast Ocala Neighborhood

Estimated Value: $420,000 - $465,496

4 Beds
3 Baths
2,537 Sq Ft
$172/Sq Ft Est. Value

Last Sold July 15, 2021

Last sale price $343,560 $135 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,769/month

33 Days on Market

Highlights

  • Under Construction
  • Open Floorplan
  • Walk-In Closet
  • Vanguard High School Rated A-
  • 3 Car Attached Garage
  • Tile Flooring

About This Home

As of July 2021

Builder offering $10,000 toward closing costs with use of preferred lender & title.
Our Preferred Series homes feature all concrete block construction, lofty ceilings, and bright, open-concept layouts. Each kitchen is finished with staggered, crown-molded cabinets, granite counters, and a stainless-steel appliance package. Each home also includes our industry-leading smart home system, keeping you connected with what matters most. While providing accessibility to I-75 and other major roadways, Summit Place is tucked away from the hustle and bustle, leading you to peacefully positioned homes on spacious homesites.
Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information, including pricing, included features, terms, availability, and amenities, are subject to change and prior sale at any time without notice or obligation.

Last Agent to Sell the Property

Teddianne Sherman

License #3334868 Listed on: 02/15/2021

Last Buyer's Agent

Suzanne Alcorn

RE/MAX FOXFIRE - HWY 40 License #0654459

RE/MAX FOXFIRE - HWY 40

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,240

Year Built

  • Built in 2021 | Under Construction

Lot Details

  • 0.37 Acre Lot
  • South Facing Home
  • Cleared Lot
  • Property is zoned R-1 SINGLE FAMILY DWELLIN

HOA Fees

  • $16 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,537 Sq Ft Home
  • Open Floorplan
  • Low Emissivity Windows
  • Tile Flooring
  • Fire and Smoke Detector

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Schools

  • Ocala Springs Elem. Elementary School
  • Fort King Middle School
  • Vanguard High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Cable TV Available

Community Details

  • Brad Young Association, Phone Number (352) 322-5353
  • Built by D.R.Horton
  • Summit Place Subdivision, Hawthorne Floorplan
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,240

Year Built

Built in 2021 | Under Construction

Lot Details

0

HOA Fees

$16 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2537
  • Lot Size Acres: 0.37
  • New Construction: Yes
  • Year Built: 2021
  • Lot Size Sq Ft: 15930
  • Directions to Property: From I-75, take exit for FL-40 E/W Silver Springs Blvd heading east. Keep left to stay on FL-40. Turn right on NE 49th Cr Rd. Model will be ahead on your left
  • Status: Sold
  • Street Direction: NE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3290303?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3290303?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Call Center Phone Number: 844-348-7697
  • Projected Completion Date: 2021-05-30T04:00:00.000Z
  • Ratio: Close Price\List Price: 1.00681
  • Price per Sq Ft: 135.42
  • Close to Original List Price Ratio: 1.09681
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Interior Amenities: Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Low Emissivity Windows
  • Street Number Modifier: 5113
  • Room Count: 8

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • 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: 3
  • Garage Yn: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: Under Construction.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 15.75
  • Association Fee Frequency: Monthly
  • Association Name: Brad Young
  • Phone: 352.322.5353
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 189
  • Monthly HOA Fee: 15.75
  • Total Monthly Fees: 15.75

Schools

  • Elementary School: Ocala Springs Elem. School
  • High School: Vanguard High School
  • Middle Or Junior School: Fort King Middle School

Lot Info

  • Zoning: R-1 SINGLE FAMILY DWELLIN
  • Parcel Number: 2737-115-000
  • Additional Parcels: No
  • Lot Features: Cleared
  • Flood Zone Code: x

Building Info

  • Builder Name: D.R.Horton

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Approval Process: Per HOA guidelines
  • Pet Restrictions: Per HOA guidelines
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Per HOA guidelines

Tax Info

  • Tax Block: -
  • Tax Book Number: 010-166
  • Tax Lot: 115

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2024
Sold by
Frazier Howard Douglas and Frazier Ann Marie
Bought by
Frazier Howard Douglas and Frazier Ann Marie
Current Estimated Value
$436,874

Purchase Details

Listed on
Feb 15, 2021
Closed on
Jul 15, 2021
Sold by
D R Horton Inc
Bought by
Frazier Howard Douglas and Frazier Ann Marie
Seller's Agent
Teddianne Sherman
Buyer's Agent
Suzanne Alcorn
RE/MAX FOXFIRE - HWY 40
List Price
$313,235
Sold Price
$343,560
Premium/Discount to List
$30,325
9.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%

Purchase Details

Closed on
Aug 6, 2020
Sold by
Leon Ocalaholdings V Llc
Bought by
D R Horton Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Frazier Howard Douglas -- None Listed On Document
Frazier Howard Douglas $343,560 Dhi Title Of Florida Inc
D R Horton Inc $279,600 Attorney
Dr Horton Inc $279,600 Haines Tim
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $343,560 +0.7% $135 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
03/15/2021 03/15/21 Price Changed $341,235 +1.5% $135 / Sq Ft
03/08/2021 03/08/21 Price Changed $336,235 +3.1% $133 / Sq Ft
02/22/2021 02/22/21 Price Changed $326,235 +0.9% $129 / Sq Ft
02/15/2021 02/15/21 Price Changed $323,235 +3.2% $127 / Sq Ft
02/14/2021 02/14/21 For Sale $313,235 -- $123 / 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
2024 $5,240 $315,890 -- --
2023 $5,113 $306,689 $0 $0
2022 $4,778 $297,756 $30,000 $267,756
2021 $449 $23,155 $23,000 $155
2020 $358 $20,000 $20,000 $0
2019 $342 $20,000 $20,000 $0
2018 $291 $16,000 $16,000 $0
2017 $0 $0 $0 $0
2016 $0 $100 $0 $0
2015 -- $100 $0 $0
2014 -- $100 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Teddianne Sherman

  • Suzanne Alcorn

    Buyer's Agent in 2021

    Suzanne Alcorn

    RE/MAX FOXFIRE - HWY 40

    (352) 216-6178

    12 in this area

    55 Total Sales

    Suzanne Alcorn
    Section Image
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Map

Source: Stellar MLS

MLS Number: T3290303

Stellar MLS

APN: 2737-115-000

Florida Marion County Ocala 34470 Northeast Ocala

5113 NE 16th St, Ocala, FL

This home is located at 5113 NE 16th St, Ocala, FL 34470 since 15 February 2021 and is currently estimated at $436,874, approximately $172 per square foot. This property was built in 2021. 5113 NE 16th St is a home located in Marion County with nearby schools including Ocala Springs Elementary School, Fort King Middle School, and Vanguard 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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