by RH Advisors

See Home Value
Marion 34470
5425 NE 2nd LANE
$529,000
House - Off Market

5425 NE 2nd LANE

OCALA, FL 34470
bedrooms
4 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
2639 Sqft
$3,180
Estimated Monthly
$17
HOA / Fees
3.77%
Cap Rate

About This Property

PRICE REDUCED! This is an Exclusive Opportunity! Discover the elegance of this updated two-story home, boasting a pool and occupying a substantial wooded one-acre plot within Oronoque, one of Ocala's most tranquil and inviting communities. This property presents a rare opportunity to acquire a modern smart home, featuring four bedrooms, two full bathrooms, and two half bathrooms, encompassing a generous 2,639 heated square feet in a serene setting in the heart of Ocala. The residence is equipped with state-of-the-art smart appliances and security systems, a full smart lighting system, seamlessly integrating automated functionalities with smartphone connectivity and voice command capabilities. Recent enhancements include a comprehensive re-roofing (2019), an updated electrical panel (2023), new hardwood flooring (2023), a revamped well system (2023), a freshly pumped septic tank and the installation of quartzite kitchen and bathroom counters. This home also features a practical two-car garage with ample storage space. The heart of this home is its kitchen, with a professional-grade, 6-burner stove and oven, complemented by an in-drawer microwave, a smart LG refrigerator and dishwasher, all set against stunning quartzite counters. The spacious farmhouse kitchen sink adds a touch of rustic charm, topped off with a service window-perfect for entertaining guests enjoying a swim in the 30,000-gallon pool, surrounded by a 4,200 sq. ft. deck! The main floor master bedroom, complete with a lavish 200 sqft private bath, offers you an everyday escape whilst a charming fireplace, situated in the main living room quarters, offers warmth and ambiance, particularly during the cooler winter evenings. This property has undergone meticulous remodeling and upgrading, elevating its appeal through thoughtful and innovatory improvements. The purchase includes the integrated smart home appliances (excluding the washer and dryer), along with the cutting-edge connectivity and security systems. Save on taxes through a homestead exemption! The home has not been homesteaded! Don't miss out on the chance to call this home yours!
Unit Size
2,639Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$200
Property Type
House
Property Taxes
$566
HOA Dues
$17
Year Built
1981
Last updated: 4 months ago (Stellar MLS #OM670023)

Price History

Date / Event Date Event Price
Mar 16, 2024 No longer available -
No longer available
Mar 6, 2024 Price Decreased $529,000
↓ $20K (3.6%)
Price Decreased
Feb 1, 2024 Price Decreased $549,000
↓ $26K (4.5%)
Price Decreased
Dec 28, 2023 Listed by KELLER WILLIAMS CORNERSTONE RE $575,000
Listed by KELLER WILLIAMS CORNERSTONE RE
Nov 8, 2019 Sold to Kim Knapton, Lou Ann Knapton $330,000
Sold to Kim Knapton, Lou Ann Knapton

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 14
  • Building Condition: Poor
  • Building Quality: A
  • Building Style: Modern
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 1,450
  • Total Building Area: 2,324
  • Gross Building Area: 3,657
  • Building Area: 2,639
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,639
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: ORONOQUE
  • Land Acres: 1
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 13 TWP 15 RGE 22 PLAT BOOK S PAGE 045 ORONOQUE BLK A LOT 4

Ownership

  • Current Owner : KNAPTON KIM
  • Current Owner 2: KNAPTON LOU ANN
  • Previous Owner : JACOBOWITZ MARLENE
  • 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: 2741-001-004
  • Block: A
  • Lot: 4
  • Meridian: SEC 13 TWN 15S RNG 22E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.1896
  • Longitude: -82.0593

    Address

  • Full Address: 5425 Ne 2nd Ln
  • Address - House Number: 5425
  • Street Direction: NE
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Ocala
  • Carrier Code: R030
  • 4-Digit Zip Code: 3403
  • Zip Code: 34470

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,787
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.0988
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 90
  • Final Value: 522,281
  • High Value: 573,906
  • Low Value: 470,656

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $174,000
  • First Open Lien Mortgage Lender: CARDINAL FINANCIAL COMPANY
  • First Open Lien Mortgage Recording Date: Jun 21, 2022
  • First Open Lien Mortgage Loan Amount: $174,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2052

    Market Valuation

  • Market Total Value: $461,190
  • Market Land Value: $49,590
  • Market Improvement Value: $411,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378,088

    Sales

  • Current Sale Contract Date: Nov 06, 2019
  • Current Sale Recording Date: Nov 08, 2019
  • Current Sale Transaction ID: 11678345525
  • Current Sale Price: $330,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019118239



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
3 Baths
2,437 ft²
$232/ft²
$565,000 Sep 25, 2023
$565,000 Nov 9, 2023
$267/mo
House
4 Beds
5 Baths
3,785 ft²
$134/ft²
$509,000 Aug 13, 2023
$509,000 Nov 17, 2023
$317/mo
House
5 Beds
3 Baths
2,768 ft²
$186/ft²
$515,000 Jul 29, 2023
$515,000 Sep 1, 2023
$364/mo
House
3 Beds
2 Baths
2,202 ft²
$211/ft²
$465,000 Aug 7, 2023
$465,000 Oct 24, 2023
$214/mo
House
3 Beds
2 Baths
2,038 ft²
$218/ft²
$445,000 Jul 20, 2023
$445,000 Oct 11, 2023
$366/mo
House
3 Beds
3 Baths
3,678 ft²
$133/ft²
$490,000 Oct 7, 2023
$490,000 Nov 21, 2023
$663/mo
House
4 Beds
3 Baths
2,348 ft²
$198/ft²
$465,000 Oct 6, 2023
-
$299/mo
House
4 Beds
3 Baths
2,829 ft²
$208/ft²
$589,500 Sep 29, 2023
-
$377/mo
House
4 Beds
3 Baths
2,679 ft²
$196/ft²
$525,000 Dec 27, 2023
-
$453/mo
House
3 Beds
2 Baths
1,828 ft²
$257/ft²
$470,000 Dec 4, 2023
-
$301/mo
Land
Loft
-
-
$500,000 Aug 31, 2020
-
$216/mo

About Marion


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Frequently Asked Questions

When was property at 5425 Northeast 2nd Lane built and last sold?
The property at 5425 Northeast 2nd Lane was built in 1981 and last sold on Nov 6, 2019 for $330,000.
How much is this home worth?
The estimated value of the home located at 5425 Northeast 2nd Lane is $576,328.
What are some comparable homes to 5425 Northeast 2nd Lane?
Homes that are comparable to 5425 Northeast 2nd Lane include a house property at 5015 Southeast 2nd Place, 903 Southeast 49th Avenue, 5440 Northeast 1st Lane.

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