NOT LISTED FOR SALE

5390 SE 29th Place All Units Ocala, FL 34480

Silver Spring Shores Neighborhood

Estimated Value: $537,000 - $586,000

8 Beds
8 Baths
3,417 Sq Ft
$163/Sq Ft Est. Value

Last Sold May 03, 2023

Last sale price $372,500 $109 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,477/month

9 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Tennis Courts
  • Inside Utility
  • Forest High School Rated A-
  • Courtyard
  • Central Heating and Cooling System

About This Home

As of May 2023

Income producing quadraplex in an area of strong rental demand in SE Ocala. All four units are currently rented and are on separate meters for water and electric. Community features include racquetball and tennis courts. Located close to shopping, restaurants, schools and public transportation. Bulding 5420 is also for sale.

Last Agent to Sell the Property

Julie Wright

CHARLES RUTENBERG REALTY ORLANDO License #554829 Listed on: 03/08/2023

CHARLES RUTENBERG REALTY ORLANDO

Last Buyer's Agent

Julie Wright

CHARLES RUTENBERG REALTY ORLANDO License #554829 Listed on: 03/08/2023

CHARLES RUTENBERG REALTY ORLANDO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,302

Year Built

  • Built in 1985

Lot Details

  • 0.25 Acre Lot
  • Fenced

HOA Fees

  • $47 Monthly HOA Fees

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Wood Siding
  • Block Exterior

Interior Spaces

  • 3,417 Sq Ft Home
  • Combination Dining and Living Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 8 Bathrooms

Outdoor Features

  • Courtyard

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • 4 Units
  • Greenfields Property Owners Association, Phone Number (352) 812-8086
  • Greenfields Un #1 Subdivision

Recreation

  • Tennis Courts
  • Racquetball

Pet Policy

  • Pets Allowed
  • 2 Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,302

Year Built

Built in 1985

Lot Details

0

HOA Fees

$47 per month

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Block, Wood Siding
  • Fireplace: No
  • Living Area: 3417
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1985
  • Lot Size Sq Ft: 10890
  • Status: Sold
  • Street Direction: SE
  • Ownership: Fee Simple
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: NE 25th Ave
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 109.01
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Living Room/Dining Room Combo, Master Bedroom Main Floor
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Inside Utility
  • Living Area Meters: 317.45

Exterior Features

  • Exterior Features: Courtyard, Fence, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12083C0545D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Sewer Available, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Public
  • Individually Metered: Electric,Sewer,Water

Condo/Co-op/Association

  • Community Features: Racquetball, Tennis Courts
  • Association Fee: 47.43
  • Association Fee Frequency: Monthly
  • Association Name: Greenfields Property Owners Association
  • Phone: 352-812-8086
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Check
  • Association Fee Requirement: Required
  • Association Email: c/o Vine Mgmt

Fee Information

  • Total Annual Fees: 569.16
  • Total Monthly Fees: 47.43
  • Monthly HOA Amount: 47.43

Lot Info

  • Zoning: R3
  • Parcel Number: 29698-004-12
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check with HOA for any lease restrictions

Multi Family

  • Number Of Units Total: 4
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 4302
  • Tax Block: D
  • Tax Book Number: W-029
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 11, 2025
Sold by
Verus Specialty Living Llc
Bought by
Uribe Rick A and Uribe Ricardo
Current Estimated Value
$556,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,250
Outstanding Balance
$497,699
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$58,634

Purchase Details

Listed on
Mar 8, 2023
Closed on
Apr 28, 2023
Sold by
Se 29Th Place 5390 Llc
Bought by
Verus Specialty Living Llc
Seller's Agent
Julie Wright
CHARLES RUTENBERG REALTY ORLANDO
Buyer's Agent
Julie Wright
CHARLES RUTENBERG REALTY ORLANDO
List Price
$399,000
Sold Price
$372,500
Premium/Discount to List
-$26,500
-6.64%
Views
186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.48%
Original Mortgage
$300,000
Interest Rate
6.42%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 7, 2016
Sold by
Longenecker Elwood C and Longenecker Mo Chou
Bought by
Se 29Th Place 5390 Llc

Purchase Details

Closed on
Nov 4, 2015
Sold by
Longenecker Elwood C and Longenecker Mo Chou
Bought by
Longenecker Family Joint Revocable Trust and Longenecker Mo Chou
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Uribe Rick A $575,000 Florida International Title &
Uribe Rick A $575,000 Florida International Title &
Verus Specialty Living Llc $372,500 Brick City Title
Se 29Th Place 5390 Llc $51,589 None Available
Longenecker Family Joint Revocable Trust -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uribe Rick A $500,250
Closed Uribe Rick A $500,250
Previous Owner Verus Specialty Living Llc $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2023 05/03/23 Sold $372,500 -6.6% $109 / Sq Ft
03/18/2023 03/18/23 Pending -- -- --
03/08/2023 03/08/23 For Sale $399,000 -- $117 / 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 $6,039 $312,120 $25,000 $287,120
2023 $6,039 $188,913 $0 $0
2022 $4,302 $171,739 $0 $0
2021 $3,782 $165,240 $20,000 $145,240
2020 $3,571 $151,470 $20,000 $131,470
2019 $3,435 $145,860 $20,000 $125,860
2018 $3,022 $117,300 $20,000 $97,300
2017 $2,864 $107,100 $19,580 $87,520
2016 $2,770 $103,179 $0 $0
2015 $2,652 $93,799 $0 $0
2014 $2,385 $85,272 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Julie Wright

    Seller's Agent in 2023

    Julie Wright

    CHARLES RUTENBERG REALTY ORLANDO

    (407) 616-5132

    2 in this area

    64 Total Sales

    Julie Wright
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: O6095150

Stellar MLS

APN: 29698-004-12

Florida Marion County Ocala 34480 Silver Spring Shores

5390 SE 29th Place All Units, 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.

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

Nearby Homes