NOT LISTED FOR SALE

5420 SE 29th Place All Units Ocala, FL 34480

Silver Spring Shores Neighborhood

Estimated Value: $378,750 - $510,000

8 Beds
8 Baths
3,417 Sq Ft
$129/Sq Ft Est. Value

Last Sold May 05, 2023

Last sale price $380,000 $111 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $2,865/month

6 Days on Market

Highlights

  • Tennis Courts
  • Open Floorplan
  • Great Room
  • Forest High School Rated A-
  • Main Floor Primary Bedroom
  • Covered Patio or Porch

About This Home

As of May 2023

Income producing quadraplex in an area of strong rental demand. Property includes four 2BR/2Bath units. Currently 3 are rented and one is vacant to view. Located to close to schools, restaurants, shopping, and public transportation. The building next door at 5390 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

Vonda Fields

CHARLES RUTENBERG REALTY ORLANDO License #3174892

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
  • Open Floorplan
  • Great Room
  • Combination Dining and Living Room
  • Inside Utility
  • Laundry closet

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Primary Bedroom on Main
  • 8 Bathrooms

Outdoor Features

  • Tennis Courts
  • Courtyard
  • Covered Patio or Porch

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 c/o Vine M Association, Phone Number (352) 812-8086
  • Greenfields Un #I 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: 111.21
  • 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
  • Flooring: Carpet, Ceramic Tile
  • Interior Amenities: Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility
  • Living Area Meters: 317.45

Exterior Features

  • Exterior Features: Courtyard, Fence, Sidewalk, Tennis Court(s)
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • 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, Public, Sewer Connected, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Racquetball, Tennis Courts
  • Association Fee: 47.43
  • Association Fee Frequency: Monthly
  • Association Name: Greenfields Property Owners Association c/o Vine M
  • Phone: 352-812-8086
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Contact HOA for pet size and breed restrictions
  • Association Fee Requirement: Required
  • Association Email: c/o Vine Management

Fee Information

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

Lot Info

  • Zoning: R3
  • Parcel Number: 29698-004-13
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Contact HOA for 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: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2023
Closed on
Apr 28, 2023
Sold by
Se 29Th Place 5420 Llc
Bought by
Fields David C and Fields Vonda
Seller's Agent
Julie Wright
CHARLES RUTENBERG REALTY ORLANDO
Buyer's Agent
Vonda Fields
CHARLES RUTENBERG REALTY ORLANDO
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%
Views
68
Current Estimated Value
$440,188

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,188
Avg. Annual Appreciation
6.11%

Purchase Details

Closed on
Nov 2, 2016
Sold by
Longenecker Elwood C and Longenecker Mo Chou
Bought by
Se 29Th Place 5420 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:

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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
Fields David C $380,000 Brick City Title
Se 29Th Place 5420 Llc $52,000 None Available
Longenecker Family Joint Revocable Trust -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2023 05/05/23 Sold $380,000 -4.8% $111 / Sq Ft
03/15/2023 03/15/23 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 $4,811 $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
  • Vonda Fields

    Buyer's Agent in 2023

    Vonda Fields

    CHARLES RUTENBERG REALTY ORLANDO

    (321) 438-6906

    1 in this area

    128 Total Sales

    Vonda Fields
    Section Image
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Map

Source: Stellar MLS

MLS Number: O6095117

Stellar MLS

APN: 29698-004-13

Florida Marion County Ocala 34480 Silver Spring Shores

5420 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

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