by Global Lifestyle Properties

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Marion 34480
5508 SE 8th STREET
$858,000
● House - Off Market

5508 SE 8th STREET

OCALA, FL 34480
bedrooms
6 Beds
bathrooms
5 Baths, 1 Half Bath
square feet
4,189 Ft²
$872,949
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Welcome to this stunning 6 bedroom, 4.5 bathroom pool home, with mother-in-law suite situated on a 1.5-acre lot in the sought-after SE Ocala. This property boasts a spacious 4,189 square feet of living space, providing ample room for large families or those who love to entertain. The home has a 2021 roof, 2020 AC, 2 tankless water heaters 2022, new LVP flooring 2022, as well as updated electrical and plumbing through out. The split flooplan wraps around the screened-in pool, with the mother in law suite connected by a covered breezeway. The mother in law suite has a full bathroom and is pre-plumbed for a kitchenette. The property has an 8ft vinyl fence, with reinforced double gates for access to the backyard. The backyard offers a separate fenced in kid's play area with astroturf, sandbox, with built in drainage. There is a large gravel firepit area with custom swing seating, as well a chainlink dog-run. The detached work shop has a rollup door, a lean-to for additional covered storage, and a 220v RV hook up. This amazing property has it all and is just mintues from downtown Ocala, with quick access to major highways, and zoned for great schools. Come take a look today!
Unit Size
4,189 Ft²
Days on Market
64 days
Land Size
1.50 acres
Price per sqft
$205
Property Type
House
Property Taxes
$516
HOA Dues
-
Year Built
1990

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Last updated: 3 years ago (Stellar MLS #OM653634)

Price History

Date / Event Date Event Price
May 8, 2023 Sold
Sold
Feb 23, 2023 Listed by REMAX/PREMIER REALTY $858,000
Listed by REMAX/PREMIER REALTY
Apr 30, 2022 No longer available -
No longer available
Apr 14, 2022 Price Decreased $864,000
↓ $35K (3.9%)
Price Decreased
Mar 24, 2022 Relisted $899,000
Relisted
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Bathroom Plumbing Fixtures: 24
  • Building Condition: 4
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 15
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • 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: 632
  • Parking Space Count: 5
  • Patio Type: 59
  • Porch Type: 111
  • Pool Type: 4

    Dimensions

  • Lot Size Square Feet: 65,340
  • Lot Size Depth Feet: 4,120
  • Lot Size Frontage Feet: 1,590
  • Total Building Area: 5,319
  • Gross Building Area: 8,476
  • Building Area: 4,189
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 4,189
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000001500
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 24 TWP 15 RGE 22 THE E 159 FT OF THE N 6 1/4 CH OF THE E 7.98 CH OF THE NW 1/4 OF THE NE 1/4

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 002203

Zoning

  • Zoning: A1

Geography

  • Assessors Map Reference: MAP 213
  • Parcel: 29688-007-02
  • Meridian: SEC 24 TWN 15S RNG 22E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.1785
  • Longitude: -82.0581

    Address

  • Full Address: 5508 Se 8th St
  • Address - House Number: 5508
  • Street Direction: SE
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Ocala
  • Carrier Code: R017
  • 4-Digit Zip Code: 3501
  • Zip Code: 34480

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $695,699
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.1005
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 90
  • Final Value: 871,267
  • High Value: 958,837
  • Low Value: 783,697

    Market Valuation

  • Market Total Value: $597,563
  • Market Land Value: $83,220
  • Market Improvement Value: $514,343

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $443,881

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: May 08, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 56847
  • Previous Sale Recording Date: Apr 06, 2020
  • Previous Sale Contract Date: Apr 03, 2020
  • Previous Sale Amount: $488,500
  • Previous Sale Document Type: 71
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


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Frequently Asked Questions

When was property at 5508 Southeast 8th Street built and last sold?
The property at 5508 Southeast 8th Street was built in 1990 and last sold on Apr 28, 2023 for $858,000.
How much is this home worth?
The estimated value of the home located at 5508 Southeast 8th Street is $0.
What are some comparable homes to 5508 Southeast 8th Street?
There are currently no comparable homes to 5508 Southeast 8th Street.