NOT LISTED FOR SALE

5575 SW 87 Ln Ocala, FL 34476

Estimated Value: $339,196 - $409,000

4 Beds
2 Baths
2,297 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $202,000 $88 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $2,230/month

60 Days on Market

Highlights

  • Race Track
  • Cathedral Ceiling
  • 2 Car Attached Garage
  • West Port High School Rated A-
  • Formal Dining Room
  • Eat-In Kitchen

About This Home

As of July 2013

Exceptionally nice 4 bedroom, 2 bath split plan. One bedroom currently used as office. Interior has been professionally staged. Large foyer entry. Living room & formal dining room. Family room off kitchen and very open with large eat-in area. Kitchen has been upgraded and includes granite counters, glass back splash, deep stainless steel sinks, convection microwave, double ovens, smooth top range, trash compactor. Tile throughout for easy care. Lovely screen enclosed porch with water hook ups. Large laundry room. Freshly painted interior and exterior plus extensive landscaping. Pleasure to show.

Last Buyer's Agent

Emily Walker

FLORIDA ADVANTAGE REALTY GROUP License #3047898

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,960

Year Built

  • Built in 2002

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 102x125
  • Irrigation
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned R-1 Single Family Dwellin

HOA Fees

  • $8 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,297 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Formal Dining Room
  • Tile Flooring
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Screened Patio
  • Rain Gutters

Schools

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

Horse Facilities and Amenities

  • Race Track

Utilities

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

Community Details

  • Association fees include ground maintenance
  • Majestic Oaks Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Property Available on 5/3/13
  • Legal Lot and Block 4 / 19
  • Assessor Parcel Number 35621-419-04

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,960

Year Built

Built in 2002

Lot Details

0

HOA Fees

$8 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: 2297
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 3279
  • Lot Size Sq Ft: 12632
  • Directions to Property: HEAD WEST ON 200 THEN GO SOUTH ON SW 60TH AVE, TURN LEFT ON 86TH LANE, TURN RIGHT AT STOP SIGN ONTO 56TH AVE RD, TURN LEFT ONTO 87TH LANE, SIGN ON LEFT.
  • Status: Sold
  • Street Direction: SW
  • List Office Head Office Key Nume: 1044872
  • RATIO Current Price By Calculate: 87.94
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2013-11-02T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Split Bedroom, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Trash Compactor
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 5575
  • Additional Rooms: Formal Dining Room Separate
  • Room Count: 2

Exterior Features

  • Exterior Features: Irrigation System, Rain Gutters
  • Roof: Tile
  • Pool Private: No
  • Patio and Porch Features: Screened
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Cable Available, Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Other
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 8.34
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 8.34

Schools

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

Lot Info

  • Zoning: R-1 Single Family Dwellin
  • Parcel Number: 35621-419-04
  • Additional Parcels: No
  • Lot Features: Cleared, In County, Paved
  • Lot Dimensions: 102x125
  • Horse Amenities: None, Race Track
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2013-05-03
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 1960.47
  • Tax Block: 19
  • Tax Book Number: 003-077
  • Tax Lot: 4

Multi Family

  • Total Num Buildings: 0
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2013
Closed on
Jul 31, 2013
Sold by
Spratt Kelley W and Spratt Raquel
Bought by
Burnette Jessica Whitney
Buyer's Agent
Emily Walker
FLORIDA ADVANTAGE REALTY GROUP
List Price
$225,000
Sold Price
$202,000
Premium/Discount to List
-$23,000
-10.22%
Current Estimated Value
$375,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,549
Avg. Annual Appreciation
5.21%
Original Mortgage
$198,341
Outstanding Balance
$143,651
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$231,898

Purchase Details

Closed on
Feb 7, 2005
Sold by
Cayci Betty Jo
Bought by
Spratt Kelley W and Spratt Raquel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,900
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 8, 2001
Sold by
Irvin Construction Company Inc
Bought by
Cayci Betty Jo
Source: Public Records

Range of Values:

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Average Value
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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
Burnette Jessica Whitney $202,000 Affiliated Title
Spratt Kelley W $224,500 Advance Homestead Title Inc
Cayci Betty Jo $20,000 Advanced Title & Ss Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnette Jessica Whitney $198,341
Previous Owner Spratt Kelley W $163,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2020 05/10/20 Off Market $202,000 -- --
07/31/2013 07/31/13 Sold $202,000 -10.2% $88 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
05/02/2013 05/02/13 For Sale $225,000 -- $98 / 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 $2,774 $198,026 -- --
2023 $2,705 $192,258 $0 $0
2022 $2,626 $186,658 $0 $0
2021 $2,623 $181,221 $0 $0
2020 $2,601 $178,719 $0 $0
2019 $2,561 $174,701 $0 $0
2018 $2,428 $171,444 $0 $0
2017 $2,383 $167,918 $0 $0
2016 $2,341 $164,464 $0 $0
2015 $2,356 $163,321 $0 $0
2014 $2,216 $162,025 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Emily Walker

    Buyer's Agent in 2013

    Emily Walker

    FLORIDA ADVANTAGE REALTY GROUP

    (352) 362-4043

    24 in this area

    201 Total Sales

    Emily Walker
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Map

Source: Stellar MLS

MLS Number: OM390072

Stellar MLS

APN: 35621-419-04

Florida Marion County Ocala 34476

5575 SW 87 Ln, Ocala, FL

This home is located at 5575 SW 87 Ln, Ocala, FL 34476 since 03 May 2013 and is currently estimated at $375,549, approximately $163 per square foot. This property was built in 2002. 5575 SW 87 Ln is a home located in Marion County with nearby schools including Hammett Bowen Jr. Elementary School, Liberty Middle School, and West Port High School.

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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