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Marion 34479
5343 NE 20th AVENUE
$117,500
● House - Off Market

5343 NE 20th AVENUE

OCALA, FL 34479
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,232 Ft²
$178,328
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Very nice 3/2 split home located in a nice and quiet neighborhood that is close to shopping, restaurants, schools and parks. Home sits on .4 acres with a large fenced in back yard. Updated in 2013: kitchen appliances, cabinets and kitchen window, Tile in living areas, Carpet in bedrooms, Key locked sliding back door, Ceiling fans and light fixtures, bathroom mirrors and water heater. A/C replaced in 2002. Roof permitted to be replaced Oct/Nov 2018.  French door fridge in kitchen does not convey, Fridge in garage will stay.
Unit Size
1,232 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$95
Property Type
House
Property Taxes
$62
HOA Dues
-
Year Built
1980

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #OM543287)

Price History

Date / Event Date Event Price
Nov 14, 2018 Sold
Premium
Sold
May 12, 2015 Sold
Premium
Sold

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 4
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 294
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 17,424
  • Lot Size Depth Feet: 1,930
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,526
  • Gross Building Area: 1,786
  • Building Area: 1,232
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,232
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FORE ACRES NORTH
  • Land Acres: 0000000400
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 28 TWP 14 RGE 22 PLAT BOOK S PAGE 012 FORE ACRES NORTH BLK E LOT 19

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001301

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 194
  • Parcel: 1499-005-019
  • Block: E
  • Lot: 19
  • Meridian: SEC 28 TWN 14S RNG 22E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.2416
  • Longitude: -82.1109

    Address

  • Full Address: 5343 Ne 20th Ave
  • Address - House Number: 5343
  • Street Direction: NE
  • Address - Street Name: 20th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Ocala
  • Carrier Code: R038
  • 4-Digit Zip Code: 7168
  • Zip Code: 34479

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $117,072
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.478
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 4
  • Final Value: 120,836
  • High Value: 178,602
  • Low Value: 63,069

    Market Valuation

  • Market Total Value: $153,855
  • Market Land Value: $60,000
  • Market Improvement Value: $93,855

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $94,975

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 09, 2018
  • Current Sale Recording Date: Nov 14, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018112605
  • Previous Sale Recording Date: May 12, 2015
  • Previous Sale Contract Date: May 08, 2015
  • Previous Sale Amount: $58,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Marion

Stats & Trends

Median Asking:

$287,500

Sale Price/ft²

$175

Below Asking

0.01%

Average Days on Market

91

Average Home Size

1894 ft²

Average Home Age

20.6 years

Currently For Sale

3901 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 1811 Ne 29th Place, OCALA, FL, 34479

$1,700 /mo

  • 3 Beds
  • 2 Baths
  • 1,082 ft²
1811 Ne 29th Place, OCALA, FL, 34479 Listing by Jennifer Arango
Unit for rent at 3783 Ne 30th Terrace, OCALA, FL, 34479

$1,995 /mo

  • 4 Beds
  • 2 Baths
  • 1,879 ft²
3783 Ne 30th Terrace, OCALA, FL, 34479 Listing by Mustafa Turunc

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Tiffany Howard
ROBERT SLACK LLC
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM543287
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.

Frequently Asked Questions

When was property at 5343 Northeast 20th Avenue built and last sold?
The property at 5343 Northeast 20th Avenue was built in 1980 and last sold on Nov 9, 2018 for $117,500.
How much is this home worth?
The estimated value of the home located at 5343 Northeast 20th Avenue is $0.
What are some comparable homes to 5343 Northeast 20th Avenue?
There are currently no comparable homes to 5343 Northeast 20th Avenue.
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