NOT LISTED FOR SALE

5240 NE 24th St Ocala, FL 34470

Northeast Ocala Neighborhood

Estimated Value: $195,000 - $268,000

3 Beds
2 Baths
1,604 Sq Ft
$138/Sq Ft Est. Value

Last Sold November 28, 2012

Last sale price $75,000 $47 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $1,251/month

29 Days on Market

Highlights

  • Race Track
  • No HOA
  • Central Air
  • 1 Acre Lot
  • Eat-In Kitchen
  • 2 Car Garage

About This Home

As of November 2012

Great Location, 3/2 bath home very spacious, detached garage/workshop, property backs up to government land fenced on all 4 sides.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $544

Year Built

  • Built in 1958

Lot Details

  • 1 Acre Lot
  • Lot Dimensions are 132x329
  • Chain Link Fence
  • Cleared Lot
  • Property is zoned R-1 Single Family Dwellin

Parking

  • 2 Car Garage

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,604 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Horse Facilities and Amenities

  • Race Track

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Property Available on 9/26/12
  • Assessor Parcel Number 24178-000-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$544

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame
  • Fireplace: No
  • Living Area: 1604
  • Lot Size Acres: 1
  • New Construction: No
  • Year Built: 1958
  • Building Area Total: 1604
  • Lot Size Sq Ft: 43560
  • Status: Sold
  • Street Direction: NE
  • RATIO Current Price By Calculate: 46.76
  • Total Acreage: 1/2 Acre to 1 Acre
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2013-03-26T00:00:00.000
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, Split Bedroom
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Water View YN: 0

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-1 Single Family Dwellin
  • Parcel Number: 24178-000-00
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Cleared, City Limits
  • Lot Dimensions: 132x329
  • Horse Amenities: None, Race Track

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2012-09-26
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 544

Multi Family

  • Total Num Buildings: 0
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2023
Sold by
Bates Michael A and Bates Mary E
Bought by
Bates Savana
Current Estimated Value
$205,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$98,007
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$122,568

Purchase Details

Listed on
Sep 26, 2012
Closed on
Nov 28, 2012
Sold by
Clemmons Elsie P
Bought by
Bates Michael A and Bates Mary E
List Price
$79,900
Sold Price
$75,000
Premium/Discount to List
-$4,900
-6.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.57%
Original Mortgage
$73,499
Interest Rate
3.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bates Savana $130,000 None Listed On Document
Bates Michael A $75,000 Brick City Title Insurance A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bates Savana $100,000
Previous Owner Bates Michael A $73,499
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Off Market $75,000 -- --
11/28/2012 11/28/12 Sold $75,000 -6.1% $47 / Sq Ft
10/25/2012 10/25/12 Pending -- -- --
09/26/2012 09/26/12 For Sale $79,900 -- $50 / 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
2025 $2,119 $143,797 -- --
2024 $1,782 $134,145 $60,720 $73,425
2023 $715 $51,921 $0 $0
2022 $707 $50,409 $0 $0
2021 $701 $48,941 $0 $0
2020 $693 $48,265 $0 $0
2019 $679 $47,180 $0 $0
2018 $642 $46,300 $0 $0
2017 $627 $45,348 $0 $0
2016 $595 $44,415 $0 $0
2015 $589 $44,106 $0 $0
2014 $563 $43,756 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: OM380249

Stellar MLS

APN: 24178-000-00

Florida Marion County Ocala 34470 Northeast Ocala

5240 NE 24th St, Ocala, FL

Not Listed for Sale

Detached

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

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