by Global Lifestyle Properties

See Home Value
Marion 34470
5048 NE 7th PLACE
$370,000
● House - Off Market

5048 NE 7th PLACE

OCALA, FL 34470
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,370 Ft²
$373,426
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

NEW ROOF 2020! Welcome home to this beautiful property conveniently located in the heart of Northeast Ocala! The home sits on an oversized .36 acre lot in the established Hunter's Trace community. The neighborhood is tucked away but still allows you to enjoy the convenience of being right in town. New Lifeproof brand flooring throughout many areas of the home, wood burning fireplace, bay window, a spacious kitchen with brand new stainless kitchen appliances, freshly painted interior, new tile in the master shower, large garden tub in the spacious master bathroom. The 4th bedroom could be used as additional space for storage, an office, den, or flex space if you don't need a 4th bedroom. Great walk in closets, indoor laundry room, enclosed back lanai with ceiling fan looks out to the backyard. Shopping, schools, grocery & medical all minutes away. Bring your design ideas. So much potential with this property, the sky is the limit!
Unit Size
2,370 Ft²
Days on Market
63 days
Land Size
0.36 acres
Price per sqft
$154
Property Type
House
Property Taxes
$329
HOA Dues
$4
Year Built
1994

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Stellar MLS #OM637578)

Price History

Date / Event Date Event Price
Jul 13, 2022 Sold
Sold
May 10, 2022 Listed by NEXTHOME PROFESSIONAL REALTY $365,000
Listed by NEXTHOME PROFESSIONAL REALTY
Dec 21, 2021 Sold
Sold
Mar 6, 2007 Sold
Sold
Feb 28, 2005 Sold
Sold

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 4
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 7
  • 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: 600
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,050
  • Total Building Area: 2,970
  • Gross Building Area: 3,326
  • Building Area: 2,370
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 8
  • Heated Square Feet: 2,370
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HUNTERS TRACE
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 12 TWP 15 RGE 22 PLAT BOOK 1 PAGE 036 HUNTERS TRACE BLK A LOT 3

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 002201

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 212
  • Parcel: 2736-001-003
  • Block: A
  • Lot: 3
  • Meridian: SEC 12 TWN 15S RNG 22E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.1941
  • Longitude: -82.065

    Address

  • Full Address: 5048 Ne 7th Pl
  • Address - House Number: 5048
  • Street Direction: NE
  • Address - Street Name: 7th
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Ocala
  • Carrier Code: R008
  • 4-Digit Zip Code: 1192
  • Zip Code: 34470

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $479,374
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.2302
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 68
  • Final Value: 390,656
  • High Value: 480,604
  • Low Value: 300,709

    Market Valuation

  • Market Total Value: $325,180
  • Market Land Value: $40,000
  • Market Improvement Value: $285,180

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $325,180
  • Assessed Land Value: $40,000
  • Assessed Improvements Value: $285,180

    Sales

  • Current Sale Contract Date: Jul 12, 2022
  • Current Sale Recording Date: Jul 13, 2022
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 102509
  • Previous Sale Recording Date: Dec 21, 2021
  • Previous Sale Contract Date: Dec 21, 2021
  • Previous Sale Amount: $170,700
  • Previous Sale Document Type: 69
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marion


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 6484 Se 4th Lane, OCALA, FL, 34472

$2,195 /mo

  • 5 Beds
  • 3 Baths
  • 2,438 ft²
6484 Se 4th Lane, OCALA, FL, 34472 Listing by Lucas Isaza
Unit for rent at 3059 Ne 20th Terrace, OCALA, FL, 34470

$2,200 /mo

  • 4 Beds
  • 2 Baths
  • 1,665 ft²
3059 Ne 20th Terrace, OCALA, FL, 34470 Listing by Yari Burgos-Colon


Frequently Asked Questions

When was property at 5048 Northeast 7th Place built and last sold?
The property at 5048 Northeast 7th Place was built in 1994 and last sold on Jul 12, 2022 for $370,000.
How much is this home worth?
The estimated value of the home located at 5048 Northeast 7th Place is $372,361.
What are some comparable homes to 5048 Northeast 7th Place?
There are currently no comparable homes to 5048 Northeast 7th Place.