NOT LISTED FOR SALE

5428 SW 85th Ln Ocala, FL 34476

Estimated Value: $296,000 - $351,000

3 Beds
2 Baths
1,709 Sq Ft
$186/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $230,000 $135 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $1,906/month

5 Days on Market

Highlights

  • Screened Pool
  • Cathedral Ceiling
  • 2 Car Attached Garage
  • Open Floorplan
  • Stone Countertops
  • Eat-In Kitchen

About This Home

As of June 2020

Well kept and convenient, this home is in one of the most private areas in Majestic Oaks. Pool enclosed by birdcage surrounded by mature plants to provide extra privacy. Pool faces south for best year-round sun and warming, trees shield some late afternoon rays. Palm leaf fans in covered lanai provide air circulation. Updated kitchen featuring granite counters, brand new cabinetry 2018, stainless steel appliances all newer than 2016 (stove replaced this week). Crown molding in living/dining great room, built in shelves in bedroom 3, which can be replaced with bifold closet doors. Driveway is long and wide to accommodate on site parking for guests and/or extra cars.

Last Agent to Sell the Property

Louise M. Serago

DECCA REAL ESTATE License #3012204 Listed on: 05/29/2020

Co-Listed By

Louise Lane

DECCA REAL ESTATE License #3158228

Last Buyer's Agent

Delvys Cardenas

FLORIDA FINE HOMES REALTY, LLC License #3406794

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,916

Year Built

  • Built in 1992

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 90x125
  • Street terminates at a dead end
  • North Facing Home
  • Irrigation
  • Cleared Lot
  • Property is zoned R1

HOA Fees

  • $9 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Planned Development
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,709 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Child Gate Fence

Schools

  • Hammett Bowen Jr. Elementary School
  • Liberty Middle School
  • West Port High School

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • Association fees include ground maintenance
  • Majestic Oaks Homeowners Association, Phone Number (352) 291-1512
  • Visit Association Website
  • Majestic Oaks Add 02 Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,916

Year Built

Built in 1992

Lot Details

0

HOA Fees

$9 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1709
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1992
  • Building Area Total: 2500
  • Lot Size Sq Ft: 11326
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM603634?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM603634?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 1.0277
  • Price per Sq Ft: 134.58
  • Close to Original List Price Ratio: 1.0277
  • Ratio: Current Price\Building Area Total: 92
  • View: No
  • Co List Office Mls Id: 271500175
  • Co List Office Phone: 352-873-6100
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate, Slate
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Pool Features: Child Safety Fence, Gunite, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Rear, Off Street
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Mini Sewer, Sewer Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 110
  • Association Fee Frequency: Annually
  • Association Name: Majestic Oaks Homeowners Association
  • Phone: 352-291-1512
  • Association: Yes
  • Senior Community: No
  • Association Website: www.majesticoaksfl.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 110
  • Monthly HOA Fee: 9.17
  • Total Monthly Fees: 9.17

Schools

  • Elementary School: Hammett Bowen Jr. Elementary
  • High School: West Port High School
  • Middle Or Junior School: Liberty Middle School

Lot Info

  • Zoning: R1
  • Parcel Number: 35621-006-18
  • Additional Parcels: No
  • Lot Features: Cleared
  • Lot Dimensions: 90x125
  • Flood Zone Code: x
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: contact HOA or Triple Crown Homes
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: follow regulations and covenants

Tax Info

  • Tax Annual Amount: 1916.26
  • Tax Block: F
  • Tax Book Number: 002-027
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 1, 2024
Sold by
Elder Jameson R
Bought by
Elder Jameson R and Elder And Galas Legacy Trust
Current Estimated Value
$318,456

Purchase Details

Listed on
May 29, 2020
Closed on
Jun 25, 2020
Sold by
Serago Louise M and Haddock Louise M
Bought by
Elder Jameson R
Seller's Agent
Louise M. Serago
DECCA REAL ESTATE
Buyer's Agent
Delvys Cardenas
FLORIDA FINE HOMES REALTY, LLC
List Price
$223,800
Sold Price
$230,000
Premium/Discount to List
$6,200
2.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.99%
Original Mortgage
$232,323
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2002
Sold by
Bocca Anthony C and Bocca Eileen
Bought by
Serago James P and Serago Louise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
6.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Elder Jameson R $100 None Listed On Document
Elder Jameson R $100 None Listed On Document
Elder Jameson R $230,000 Sunbelt Title Services Inc
Serago James P $150,000 Associated Land Title Insura
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Elder Jameson R $232,323
Previous Owner Serago James P $112,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/25/2020 06/25/20 Sold $230,000 +2.8% $135 / Sq Ft
06/01/2020 06/01/20 Pending -- -- --
05/27/2020 05/27/20 For Sale $223,800 -- $131 / Sq Ft
Source: Stellar MLS

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 $2,905 $195,840 -- --
2024 $2,593 $186,420 -- --
2023 $2,528 $180,990 $0 $0
2022 $2,453 $175,718 $0 $0
2021 $2,449 $170,600 $23,300 $147,300
2020 $2,841 $153,852 $21,000 $132,852
2019 $1,916 $121,534 $0 $0
2018 $1,833 $119,268 $0 $0
2017 $1,803 $116,815 $0 $0
2016 $1,766 $114,412 $0 $0
2015 $1,771 $113,617 $0 $0
2014 $1,689 $112,715 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Louise M. Serago

    Seller's Agent in 2020

    Louise M. Serago

    DECCA REAL ESTATE

    (352) 854-8787

    77 in this area

    79 Total Sales

    Louise M. Serago
    Section Image
  • Louise Lane

    Seller Co-Listing Agent in 2020

    Louise Lane

    DECCA REAL ESTATE

    (352) 789-4516

    125 in this area

    129 Total Sales

    Louise Lane
    Section Image

  • D

    Buyer's Agent in 2020

    Delvys Cardenas

    FLORIDA FINE HOMES REALTY, LLC

    (352) 362-2820

    17 Total Sales

    Delvys Cardenas
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM603634

Stellar MLS

APN: 35621-006-18

Florida Marion County Ocala 34476

5428 SW 85th Ln, Ocala, FL

Not Listed for Sale

Detached

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