by RH Advisors

See Home Value
Marion 34470
5440 NE 1st LANE
$525,000
House - Off Market

5440 NE 1st LANE

OCALA, FL 34470
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2679 Sqft
$2,831
Estimated Monthly
$17
HOA / Fees
4.57%
Cap Rate

About This Property

This well-maintained 4/3 pool home is awaiting the future owner.  As you enter you are greeted with a formal Living and Dining room offering French doors.  Move to the back of the home into the large Great room featuring oversized sliding doors for a view of the beautiful pool and backyard.  The Kitchen boasts granite countertops, stainless steel appliances, and an island!  Large master suite with walk-in closet, double vanity, stand-alone shower and soaking tub.  Inside laundry, plantation shutters, gazebo, and irrigation just to name some of the features!  Roof 2017 and AC 2021
Unit Size
2,679Ft²
Days on Market
123 days
Land Size
1.00 acres
Price per sqft
$196
Property Type
House
Property Taxes
$236
HOA Dues
$17
Year Built
1982
Last updated: 2 months ago (Stellar MLS #OM670064)

Price History

Date / Event Date Event Price
Apr 30, 2024 Sold $525,000
Sold
Feb 17, 2024 In contract -
In contract
Dec 27, 2023 Listed by Roberts Real Estate, Inc. $525,000
Listed by Roberts Real Estate, Inc.
This well-maintained 4/3 pool home is awaiting the future owner. As you enter you are greeted with a formal Living and Dining room offering French doors. Move to the back of the home into the large Great room featuring oversized sliding doors for a view of the beautiful pool and backyard. The Kitchen boasts granite countertops, stainless steel appliances, and an island! Large master suite with walk-in closet, double vanity, stand-alone shower and soaking tub. Inside laundry, plantation…
Jan 21, 2004 Sold to Vivian R Davis, Wade L Davis $290,000
Sold to Vivian R Davis, Wade L Davis

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 13
  • 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: Gable
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Ceramic
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 649
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 43,560
  • Lot Size Depth Feet: 2,720
  • Lot Size Frontage Feet: 1,600
  • Total Building Area: 3,328
  • Gross Building Area: 3,734
  • Building Area: 2,679
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,679
  • 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 C LOT 11

Ownership

  • Current Owner : DAVIS WADE L
  • Current Owner 2: DAVIS VIVIAN R
  • Previous Owner : ADAMS RICHARD K
  • Previous Owner 2: ADAMS NANCY E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 213
  • Parcel: 2741-003-011
  • Block: C
  • Lot: 11
  • Meridian: SEC 13 TWN 15S RNG 22E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.1869
  • Longitude: -82.0586

    Address

  • Full Address: 5440 Ne 1st Ln
  • Address - House Number: 5440
  • Street Direction: NE
  • Address - Street Name: 1st
  • Address - Suffix Type: Ln
  • State: FL
  • City Name: Ocala
  • Carrier Code: R030
  • 4-Digit Zip Code: 3419
  • Zip Code: 34470

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,833
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.0998
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 90
  • Final Value: 517,538
  • High Value: 569,189
  • Low Value: 465,887

    Market Valuation

  • Market Total Value: $401,797
  • Market Land Value: $53,760
  • Market Improvement Value: $348,037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $200,584

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 16, 2004
  • Current Sale Recording Date: Jan 21, 2004
  • Current Sale Transaction ID: 11441667319
  • Current Sale Price: $290,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2004-008347



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
3 Baths
1,977 ft²
$204/ft²
$402,500 Apr 26, 2023
$402,500 Jun 14, 2023
$264/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
2,144 ft²
$198/ft²
$425,000 Jun 22, 2023
$425,000 Jul 28, 2023
$152/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
$192/ft²
$450,000 Oct 6, 2023
-
$299/mo
House
4 Beds
3 Baths
3,296 ft²
$171/ft²
$565,000 Apr 24, 2024
-
$670/mo
House
3 Beds
3 Baths
3,018 ft²
$199/ft²
$599,999 Nov 3, 2023
-
$427/mo
House
5 Beds
3 Baths
2,453 ft²
$175/ft²
$429,000 Jan 1, 2024
-
$203/mo
House
5 Beds
3 Baths
3,100 ft²
$198/ft²
$615,000 Jan 16, 2024
-
$502/mo
Land
Loft
-
-
$500,000 Nov 30, -0001
-
$216/mo

About Marion


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Frequently Asked Questions

When was property at 5440 Northeast 1st Lane built and last sold?
The property at 5440 Northeast 1st Lane was built in 1982 and last sold on Jan 16, 2004 for $290,000.
How much is this home worth?
The estimated value of the home located at 5440 Northeast 1st Lane is $528,726.
What are some comparable homes to 5440 Northeast 1st Lane?
Homes that are comparable to 5440 Northeast 1st Lane include a house property at 165 Northeast 55th Avenue, 4814 Southeast 10th Place, 4586 Northeast 2nd Street.

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