When was property at 5 Cherry Drive Lane built and last sold?

The property at 5 Cherry Drive Lane was built in 1987 and last sold on Oct 24, 2022 for $218,000.

How much is this home worth?

The estimated value of the home located at 5 Cherry Drive Lane is $218,740.

What are some comparable homes to 5 Cherry Drive Lane?

There are currently no comparable homes to 5 Cherry Drive Lane.

Marion

34472

5 Cherry Drive LANE

$218,000

● House - Off Market

5 Cherry Drive LANE

OCALA, FL 34472

3 Beds

2 Baths

1,308 Ft²

$224,972

RealtyHop Estimate

4.64%

Since Nov 1, 2022

National-US

Primary Model

About This Property

Back on Market due to financing falling through!!!! Check out this 3 bed 2 bath house in the "Porter Shores" area! Located off of Baseline Road, this home is close to shopping, restaurants, the Greenway Park and is only about 200 yards from one of the Greenway Trailheads! Large kitchen/dining room combo, open to living room with soaring ceiling and cozy fireplace! Split bedroom plan, and french doors leading to the screened in porch! Fenced in back yard so pets have room to run! Roof 2014, HVAC 1987, Water Heater 2015. Room sizes listed are approximate, buyer to verify info.

Unit Size

1,308 Ft²

Days on Market

138 days

Land Size

0.23 acres

Price per sqft

$164

Property Type

House

Property Taxes

$172

HOA Dues

Year Built

1987

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Cap Rate Calculator

Last updated: 3 years ago (Stellar MLS #OM640646)

Price History

Date / Event	Date	Event
Oct 25, 2022	Sold	Premium
Sold
Jun 8, 2022	Listed by BERKSHIRE HATHAWAY HS FLORIDA	$215,000
Listed by BERKSHIRE HATHAWAY HS FLORIDA
Apr 25, 2014	Sold	Premium
Sold
Mar 26, 2013	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1987

Effective Year Built: 1987
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 8
Building Condition: 4
Building Quality: 7
Construction Type: 0
Building Style: 10
Exterior Walls Type: 17
Interior Walls Type: 3
Roof Shape Type: 1
Roof Cover Type: 11
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 327
Parking Space Count: 1
Patio Type: 59
Porch Type: 111
Pool Type: 0

Dimensions

Lot Size Square Feet: 10,019

Lot Size Depth Feet: 1,040
Lot Size Frontage Feet: 960
Total Building Area: 1,635
Gross Building Area: 1,860
Building Area: 1,308
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 8
Heated Square Feet: 1,308
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: SILVER SPRINGS SHORES
Land Acres: 0000000230
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 001
Legal Description 1: SEC 20 TWP 15 RGE 23 PLAT BOOK J PAGE 181 SILVER SPRINGS SHORES UNIT 23 BLK 514 LOT 8

Neighborhood

School District Name: Marion County School District

Census Tract: 001208

Zoning

Zoning: R1

Geography

Assessors Map Reference: MAP 232

Parcel: 9023-0514-08
Block: 514
Lot: 8
Meridian: SEC 20 TWN 15S RNG 23E
Municipality: COUNTY - SJRWMD-OR
Latitude: 29.1655
Longitude: -82.0369

Address

Full Address: 5 Cherry Drive Ln

Address - House Number: 5
Address - Street Name: Cherry Drive
Address - Suffix Type: Ln
State: FL
City Name: Ocala
Carrier Code: R016
4-Digit Zip Code: 9074
Zip Code: 34472

Valuation

Tax

Tax Year: 2023

Tax Amount: $225,981
Tax Rate Code Area: 9001

Appraisal Valuation

Standard Deviation: 0.2618

Valuation Date: Jan 31, 2024
Confidence Score: 62
Final Value: 221,422
High Value: 279,402
Low Value: 163,442

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Market Valuation

Market Total Value: $160,997

Market Land Value: $19,000
Market Improvement Value: $141,997

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $160,997
Assessed Land Value: $19,000
Assessed Improvements Value: $141,997

Sales

Current Sale Contract Date: Oct 24, 2022

Current Sale Recording Date: Oct 25, 2022
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 152561
Previous Sale Recording Date: Apr 25, 2014
Previous Sale Contract Date: Apr 24, 2014
Previous Sale Amount: $71,500
Previous Sale Document Type: 71

Last Sale Mortgage

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Marion

Stats & Trends

Median Asking:

$287,900

Sale Price/ft²

$175

Below Asking

0.01%

Average Days on Market

Average Home Size

1894 ft²

Average Home Age

20.7 years

Currently For Sale

3875 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 19 Pecan Pass Terrace, OCALA, FL, 34472

$1,650 /mo

3 Beds
2 Baths
1,368 ft²

19 Pecan Pass Terrace, OCALA, FL, 34472 Listing by Michelle Epperson

Unit for rent at 22 Hemlock Terrace, OCALA, FL, 34472

$1,800 /mo

3 Beds
2 Baths
1,580 ft²

22 Hemlock Terrace, OCALA, FL, 34472 Listing by Jocelyn Ramotar

Unit for rent at 6688 Cherry Road, OCALA, FL, 34472

$1,897 /mo

3 Beds
2 Baths
1,270 ft²

6688 Cherry Road, OCALA, FL, 34472 Listing by Adan Ordonez

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Marlene Williamson
BERKSHIRE HATHAWAY HS FLORIDA
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM640646

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. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

5 Cherry Drive LANE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Marion

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions