NOT LISTED FOR SALE

954 SE 5th St Ocala, FL 34471

Southeast Ocala Neighborhood

Estimated Value: $3,430,000 - $3,952,794

4 Beds
4.5 Baths
9,793 Sq Ft
$382/Sq Ft Est. Value

Last Sold December 16, 2020

Last sale price $2,925,000 $299 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $24,905/month

115 Days on Market

Highlights

  • Guest House
  • In Ground Pool
  • Colonial Architecture
  • Eighth Street Elementary School Rated A-
  • 1.56 Acre Lot
  • Family Room with Fireplace

About This Home

As of December 2020

Rarely does an opportunity of this class and positioning exist. First time being offered since extensive, no expense, no detail spared renovations, spanning four years and encompassing the entire 1.56 +/- acre estate. Hearthside, is the magnificent brick colonial revival, prominently positioned within Ocala's Historic prime estate section of Fifth Street. Two gated entrances access the brick lined drive and impeccable manicured grounds which unfold to an unparalleled experience of luxury. There are two brick buildings also of the highest quality matching the immaculate four bedroom, four and one half bathroom, 9,793 +/- sf main residence. Drive through the double porte cochere to the motor court, welcomed by the 3 bay carriage house, gorgeous conservatory, garden library, and beautiful 1,287 +/- sf full guest living quarters above. Follow the brick paved gardens and beyond the oversized fountain is a 1,200 +/- sf storage building with gym and full bath. Additionally, there is a massive 80KW natural gas full property generator, illuminated gardens and landscape, salt water pool with waterfall, outdoor fireplace and pergola offering a variety entertaining and outdoor experiences. Hearthside is a timeless trophy estate of the highest caliber and a once in a lifetime opportunity to own one of Ocala's treasured estate properties.

Walking Distance to Trendy Historic Downtown Ocala's artwalks, farmer's market, restaurants, cafe's, patio bars, galleries and boutiques. Just a quick drive to equestrian venues and show grounds. For YouTube Video, copy and paste: https://youtu.be/9KPMTZFpjng

Last Agent to Sell the Property

Brandon Perry

NEWGATE REALTY, LLC License #3419632 Listed on: 05/26/2020

Co-Listed By

Diannah Perry

NEWGATE REALTY, LLC License #3419769

Last Buyer's Agent

Robert Beck

PREFERRED PROPERTIES OF CEN/FL License #0331719

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,074

Year Built

  • Built in 1926

Lot Details

  • 1.56 Acre Lot
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Well Sprinkler System
  • Property is zoned R1

Parking

  • 3 Car Garage
  • 3 Carport Spaces
  • Portico
  • Garage Door Opener
  • Circular Driveway
  • Open Parking
  • Golf Cart Garage

Home Design

  • Colonial Architecture
  • Bi-Level Home
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 9,793 Sq Ft Home
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • High Ceiling
  • Decorative Fireplace
  • Gas Fireplace
  • Insulated Windows
  • Blinds
  • French Doors
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Den
  • Bonus Room
  • Sun or Florida Room
  • Storage Room
  • Inside Utility
  • Attic
  • Basement

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Porcelain Tile
  • Slate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Security Gate
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Pool Lighting

Outdoor Features

  • Enclosed patio or porch
  • Exterior Lighting
  • Outdoor Storage

Additional Homes

  • Guest House

Schools

  • Eighth Street Elem. Elementary School
  • Osceola Middle School
  • Forest High School

Utilities

  • Mini Split Air Conditioners
  • Cooling System Mounted To A Wall/Window
  • Forced Air Zoned Heating and Cooling System
  • Underground Utilities
  • Power Generator
  • Natural Gas Connected
  • Well
  • Gas Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Caldwells Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,074

Year Built

Built in 1926

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Colonial
  • Construction Materials: Brick
  • Fireplace: Yes
  • Living Area: 9793
  • Lot Size Acres: 1.56
  • New Construction: No
  • Year Built: 1926
  • Building Area Total: 14297
  • Lot Size Sq Ft: 67954
  • Directions to Property: From downtown Ocala, go East on 5th Street. Property is on right.
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM603315?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM603315?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Call Center Phone Number: 8596210829
  • Ratio: Close Price\List Price: 0.83595
  • Price per Sq Ft: 298.68
  • Close to Original List Price Ratio: 0.76471
  • Ratio: Current Price\Building Area Total: 204.59
  • View: No
  • Co List Office Mls Id: 271501149
  • Co List Office Phone: 352-387-2383
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Decorative, Gas, Family Room, Living Room, Other Room
  • Living Area Units: Square Feet
  • Flooring: Porcelain Tile, Slate, Hardwood
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Crown Molding, Eating Space In Kitchen, High Ceiling(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Basement
  • Total Bedrooms: 4
  • Levels: Two
  • Other Equipment: Generator, Irrigation Equipment
  • Window Features: Blinds, Insulated Windows, Window Treatments
  • Street Number Modifier: 954
  • Room Count: 3
  • Additional Rooms: Attic, Bonus Room, Den/Library/Office, Florida Room, Great Room, Inside Utility, Interior In-Law Suite, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Guest House, Other, Storage
  • Pool Features: Gunite, In Ground, Lighting, Salt Water
  • Exterior Features: Fenced, French Doors, Irrigation System, Lighting, Storage
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Patio, Rear Porch
  • Water View Y N: No
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0517E
  • Disclosures: Lead Paint

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3
  • Carport Y N: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Covered, Driveway, Garage Door Opener, Golf Cart Garage, Portico
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Sprinkler Well, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air, Mini-Split Unit(s), Wall/Window Unit(s), Zoned
  • Heating: Central, Electric, Zoned
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security Gate, Security Lights, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Eighth Street Elem. School
  • High School: Forest High School
  • Middle Or Junior School: Osceola Middle School

Lot Info

  • Zoning: R1
  • Parcel Number: 2820-026-005
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2017-04-19
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 24074
  • Tax Block: UNR
  • Tax Book Number: E-004
  • Tax Lot: X

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2020
Closed on
Dec 16, 2020
Sold by
Olsen Scott C and Cathy D Perry Trust
Bought by
Beck Denver and Beck Brianna
Seller's Agent
Brandon Perry
NEWGATE REALTY, LLC
Buyer's Agent
Robert Beck
PREFERRED PROPERTIES OF CEN/FL
List Price
$3,825,000
Sold Price
$2,925,000
Premium/Discount to List
-$900,000
-23.53%
Total Days on Market
115
Current Estimated Value
$3,737,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$812,931
Avg. Annual Appreciation
7.44%
Original Mortgage
$1,500,000
Outstanding Balance
$1,127,056
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,905,012

Purchase Details

Closed on
Jan 7, 2020
Sold by
Perry Cathy D
Bought by
Perry Cathy D and Cathy D Perry Trust

Purchase Details

Closed on
May 11, 2004
Sold by
Browder Corp
Bought by
Perry Cathy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,130,000
Interest Rate
2.39%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 12, 2002
Sold by
Bartlett Virginia L
Bought by
Browder Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
7.5%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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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
Beck Denver $2,925,000 Attorney
Perry Cathy D -- Attorney
Perry Cathy D $1,230,000 --
Browder Corp $610,000 Affiliated Title Of Marion C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beck Denver $1,500,000
Previous Owner Perry Cathy D $1,000,000
Previous Owner Perry Cathy D $1,130,000
Previous Owner Browder Corp $410,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2020 12/16/20 Sold $2,925,000 -16.4% $299 / Sq Ft
09/18/2020 09/18/20 Pending -- -- --
06/25/2020 06/25/20 Price Changed $3,499,000 -8.5% $357 / Sq Ft
05/26/2020 05/26/20 For Sale $3,825,000 -- $391 / 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
2023 $47,075 $2,700,949 $0 $0
2022 $45,713 $2,622,281 $264,200 $2,358,081
2021 $38,438 $2,092,116 $237,780 $1,854,336
2020 $24,404 $1,375,088 $0 $0
2019 $24,074 $1,344,172 $0 $0
2018 $23,246 $1,319,109 $0 $0
2017 $23,128 $1,291,977 $0 $0
2016 $22,923 $1,265,404 $0 $0
2015 $23,120 $1,256,608 $0 $0
2014 $21,337 $1,246,635 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Brandon Perry

    Seller's Agent in 2020

    Brandon Perry

    NEWGATE REALTY, LLC

    (859) 621-0829

    22 in this area

    185 Total Sales

    Brandon Perry
    Section Image

  • D

    Seller Co-Listing Agent in 2020

    Diannah Perry

    NEWGATE REALTY, LLC

    (352) 620-4464

    9 in this area

    62 Total Sales

    Diannah Perry
    Section Image
  • Robert Beck

    Buyer's Agent in 2020

    Robert Beck

    PREFERRED PROPERTIES OF CEN/FL

    (352) 875-7047

    3 in this area

    80 Total Sales

    Robert Beck
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM603315

Stellar MLS

APN: 2820-026-005

Florida Marion County Ocala 34471 Southeast Ocala

954 SE 5th St, Ocala, FL

This home is located at 954 SE 5th St, Ocala, FL 34471 since 26 May 2020 and is currently estimated at $3,737,931, approximately $381 per square foot. This property was built in 1926. 954 SE 5th St is a home located in Marion County with nearby schools including Eighth Street Elementary School, Osceola Middle School, and Forest 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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