NOT LISTED FOR SALE

5305 NW Highway 225a Ocala, FL 34482

Fellowship Neighborhood

Estimated Value: $242,000 - $337,000

2 Beds
2 Baths
1,594 Sq Ft
$182/Sq Ft Est. Value

Last Sold April 04, 2023

Last sale price $279,000 $175 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,813/month

15 Days on Market

Highlights

  • Horses Allowed in Community
  • 1 Acre Lot
  • Main Floor Primary Bedroom
  • View of Trees or Woods
  • Florida Architecture
  • No HOA

About This Home

As of April 2023

Price drop - motivated seller. Imagine sitting on the large front porch enjoying your morning coffee while watching the horse training across the street. In the afternoon sit on one of the two rear patios, in the shade, in the idyllic setting of this single story ranch home, sitting on an acre of land, in the middle of horse country. The house is just under 1600 Sq foot ( Tax records do not show extension added in 2014 when kitchen was last remodeled ) The property consists of a large open plan living area with dining space, a generous sized kitchen and office nook. The single car garage has an electric opener and the 1 acre of land has a pole barn and storage shed. Property is Zoned agricultural, so suitable for horses and other animals and the location is also eligible for a USDA loan.
Shopping, restaurants and the world equestrian center are just minutes away. West of Hwy 27

Last Agent to Sell the Property

Wendy Morris

WENDY MORRIS REALTY License #3146762 Listed on: 02/21/2023

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

  • $1,445

Year Built

  • Built in 1975

Lot Details

  • 1 Acre Lot
  • Northwest Facing Home
  • Mature Landscaping
  • Level Lot
  • Cleared Lot
  • Property is zoned A1

Parking

  • 1 Car Attached Garage

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,594 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Home Office
  • Laminate Flooring
  • Views of Woods

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Shed
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Additional Features

  • Pasture
  • Zoned For Horses

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,445

Year Built

Built in 1975

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1594
  • Lot Size Acres: 1
  • New Construction: No
  • Year Built: 1975
  • Building Area Total: 2256
  • Lot Size Sq Ft: 43560
  • Status: Sold
  • Street Direction: NW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Estimated
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 175.03
  • Total Acreage: 1 to less than 2
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Master Bedroom Main Floor
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • ResoLivingAreaSource: Estimated
  • Living Area Meters: 148.09

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Shed(s)
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Water Available
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Horses Allowed
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: A1
  • Parcel Number: 29-14-21-13561-000-01
  • Additional Parcels: No
  • Lot Features: Cleared, In County, Level, Pasture, Zoned for Horses
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1445
  • Tax Block: 000
  • Tax Book Number: 6744/1754
  • Tax Lot: 01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2023
Closed on
Apr 3, 2023
Sold by
Horton James Michael
Bought by
Kallam Jennifer
Seller's Agent
Wendy Morris
WENDY MORRIS REALTY
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$289,000
Sold Price
$279,000
Premium/Discount to List
-$10,000
-3.46%
Views
10
Current Estimated Value
$289,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,870
Avg. Annual Appreciation
1.50%

Purchase Details

Closed on
Apr 2, 2018
Sold by
Spivey Stephen D and Solomone Michael P
Bought by
Horton James Michael and Horton Sue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,929
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 13, 2013
Sold by
Hoolihan Michael J
Bought by
Solomone Michael P and White Judy

Purchase Details

Closed on
Jul 5, 2012
Sold by
Federal National Mortgage Association
Bought by
Hoolihan Michael J

Purchase Details

Closed on
Dec 22, 2011
Sold by
Jennings Melodie and Jennings James C
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

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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
Kallam Jennifer $279,000 Equitable Title
Horton James Michael $175,000 Affiliated Title Of Central
Solomone Michael P $124,000 Superior Title Insurance Age
Hoolihan Michael J $78,900 Attorney
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Horton James Michael $167,929
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2023 04/04/23 Sold $279,000 0.0% $175 / Sq Ft
03/09/2023 03/09/23 Pending -- -- --
02/28/2023 02/28/23 Price Changed $279,000 -3.5% $175 / Sq Ft
02/21/2023 02/21/23 For Sale $289,000 -- $181 / 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 $3,552 $207,907 $59,500 $148,407
2023 $1,491 $115,216 $0 $0
2022 $1,445 $111,860 $0 $0
2021 $1,436 $108,602 $0 $0
2020 $1,422 $107,103 $0 $0
2019 $1,396 $104,695 $28,900 $75,795
2018 $1,894 $99,306 $26,860 $72,446
2017 $998 $81,803 $0 $0
2016 $965 $80,120 $0 $0
2015 $965 $79,563 $0 $0
2014 $796 $68,170 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6090143

Stellar MLS

APN: 13561-000-01

Florida Marion County Ocala 34482 Fellowship

5305 NW Highway 225a, Ocala, FL

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.

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