by RH Advisors

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Marion 34470
5340 NE 1st LANE
$630,000
House - For Sale

5340 NE 1st LANE

OCALA, FL 34470
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3918 Sqft
$3,728
Estimated Monthly
$200
HOA / Fees
3.07%
Cap Rate

About This Property

Discover this stunning 4-bedroom, 3.5-bath home nestled on over an acre of mature landscape. With 3,998 sq ft of living space, this property boasts a large in-ground saltwater pool and an oversized deck, perfect for entertaining at your outdoor kitchen. Features include a new well tank, new flooring, new AC, and a newly remodeled master bath. The home also offers a Jack and Jill bathroom, a 2-car garage, and is situated in a great location with good schools, and is close to shopping, downtown, and hospitals. Ideal for families and those who love outdoor living!
Unit Size
3,918Ft²
Days on Market
7 days
Land Size
1.07 acres
Price per sqft
$161
Property Type
House
Property Taxes
$435
HOA Dues
$200
Year Built
1982

Listed By

Scott Coldwell
Scott Coldwell
YHSGR Coldwell Real Estate Services
Last updated: 6 days ago (Stellar MLS #OM679139)

Price History

Date / Event Date Event Price
May 23, 2024 Listed by COLDWELL REALTY SOLD GUARANTEE $630,000
Listed by COLDWELL REALTY SOLD GUARANTEE
May 2, 2024 In contract -
In contract
Apr 19, 2024 Price Decreased $649,000
↓ $50K (7.2%)
Price Decreased
Mar 24, 2024 Listed by MARK SPAIN REAL ESTATE $699,000
Listed by MARK SPAIN REAL ESTATE
$50,000 price reduction, owners are very motivated!! Must see this beautiful open floor plan home designed for family enjoyment ! Lots of space, storage and light. Relax and unwind by your pool in a private and lushly treed over one acre setting. Vaulted ceilings, skylights and focal fireplace are just a few of the many fine features. New roof and new driveway 2015, New privacy fence, kitchen & pool pump & filter updated 2017, new tile flooring 2016.
Sep 17, 2018 Sold to Dana Strama, Stanley Paul S... $370,000
Sold to Dana Strama, Stanley Paul S...
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Property Highlights

Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Garage Spaces: 2
Interior Details

Bathroom Information

Half Bathrooms: 1
Full Bathrooms: 3

Interior Information

Interior Features: Ceiling Fan(s), Chair Rail, Eating Space In Kitchen, Primary Bedroom Main Floor, Solid Surface Counters, Split Bedroom, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar
Appliances: Cooktop, Dishwasher, Exhaust Fan, Range Hood, Refrigerator
Flooring Type: Carpet, Ceramic Tile, Vinyl
Laundry Features: Inside

Room Information

Rooms: 3

Fireplace Information

Has Fireplace
Fireplace Features: Wood Burning

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 16
  • Building Condition: Poor
  • Building Quality: B
  • Building Style: Modern
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 722
  • Parking Space Count: 2
  • Pool Type: Enclosed pool

    Dimensions

  • Lot Size Square Feet: 46,609
  • Lot Size Depth Feet: 2,600
  • Lot Size Frontage Feet: 1,800
  • Total Building Area: 4,720
  • Gross Building Area: 7,419
  • Building Area: 3,998
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 3,998
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: ORONOQUE
  • Land Acres: 1.07
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 13 TWP 15 RGE 22 PLAT BOOK S PAGE 045 ORONOQUE BLK C LOT 8

Ownership

  • Current Owner : STRAMA STANLEY PAUL
  • Current Owner 2: STRAMA DANA
  • Previous Owner : TOWNLEY SCOTT
  • Previous Owner 2: TOWNLEY RACQUEL
  • Owner Before Previous Owner: TOMASOVICH MARK S
  • Owner Before Previous Owner 2: TOMASOVICH PATRICIA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 213
  • Parcel: 2741-003-008
  • Block: C
  • Lot: 8
  • Meridian: SEC 13 TWN 15S RNG 22E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.1868
  • Longitude: -82.0601

    Address

  • Full Address: 5340 Ne 1st Ln
  • Address - House Number: 5340
  • Street Direction: NE
  • Address - Street Name: 1st
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Ocala
  • Carrier Code: R030
  • 4-Digit Zip Code: 3421
  • Zip Code: 34470

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,215
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.1964
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 618,418
  • High Value: 739,918
  • Low Value: 496,918

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $390,600
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 30, 2020
  • First Open Lien Mortgage Loan Amount: $390,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2050

    Market Valuation

  • Market Total Value: $561,521
  • Market Land Value: $60,480
  • Market Improvement Value: $501,041

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $351,921

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 14, 2018
  • Current Sale Recording Date: Sep 17, 2018
  • Current Sale Transaction ID: 11507861688
  • Current Sale Price: $370,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018090994
  • Previous Sale Recording Date: Dec 15, 2014
  • Previous Sale Contract Date: Dec 08, 2014
  • Previous Sale Amount: $251,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CHAOS HOME LOANS LLC
  • First Mortgage Transaction Date: Sep 17, 2018
  • First Mortgage Loan Amount: $382,199
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: FBC MORTGAGE LLC
  • Previous Mortgage Transaction Date: Dec 15, 2014
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $201,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jan 01, 2045

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2 Baths
2,804 ft²
$196/ft²
$550,000 Sep 15, 2023
$550,000 Mar 4, 2024
$372/mo
House
4 Beds
3 Baths
2,679 ft²
$196/ft²
$525,000 Dec 29, 2023
$525,000 Apr 30, 2024
$253/mo
House
4 Beds
3 Baths
2,437 ft²
$232/ft²
$565,000 Sep 25, 2023
$565,000 Nov 9, 2023
$267/mo
House
3 Beds
3 Baths
3,678 ft²
$133/ft²
$490,000 Oct 7, 2023
$490,000 Nov 21, 2023
$663/mo
House
3 Beds
3 Baths
2,696 ft²
$211/ft²
$569,000 Jan 13, 2024
$569,000 Feb 23, 2024
$420/mo
House
4 Beds
3 Baths
3,296 ft²
$162/ft²
$535,000 Apr 24, 2024
-
$670/mo
House
4 Beds
3 Baths
1,977 ft²
$291/ft²
$575,000 May 6, 2024
-
$271/mo
House
3 Beds
3 Baths
3,018 ft²
$199/ft²
$599,999 Nov 3, 2023
-
$427/mo
House
5 Beds
3 Baths
3,100 ft²
$198/ft²
$615,000 Jan 16, 2024
-
$502/mo

About Marion


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Frequently Asked Questions

When was property at 5340 Northeast 1st Lane built and last sold?
The property at 5340 Northeast 1st Lane was built in 1982 and last sold on Sep 14, 2018 for $370,000.
How much is this home worth?
The estimated value of the home located at 5340 Northeast 1st Lane is $641,128.
What are some comparable homes to 5340 Northeast 1st Lane?
Homes that are comparable to 5340 Northeast 1st Lane include a house property at 165 Northeast 55th Avenue, 551 Northeast 61st Terrace, 4814 Southeast 10th Place.

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