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5340 NE 1st Ln, Ocala, FL, 34470

$649,000

Home List Price

$7,707*

Closing Credit

4 Bedrooms
3 Full Baths, 1 Partial
3,918 SqFt
$166/SqFt
House
Schools Nearby

Location

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5340 NE 1st Ln, Ocala$649,000

Buyer Closing Credits

$7,707*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1982
HeatingCentral, Electric
CoolingCentral Air
Private PoolYes
MLS #O6189888
Lot Size1.07 Acres
StatusActive

About 5340 NE 1st Ln

$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.

Property Details

Property Features

Property Information:

  • Year Built: 1982
  • Living Area: 3,918 SqFt

Listing Office:

  • Office Name: MARK SPAIN REAL ESTATE
  • Office Phone: (855) 299-7653
  • Listing Agent: Jonathan Rodon

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Flooring Type: Tile
  • Interior: Cathedral Ceiling(s), Ceiling Fans(s), Wet Bar

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 5340 NE 1st Ln

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 1.07 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Vanguard High School, Public Magnet Grades 9-12
  • Fort King Middle School, Public District Grades 6-8
  • Ward-Highlands Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Heading north on SE 58th Ave, then take a left on E Fort King St, then take a right to 55th Ave, then take a left to NE 1st land and home will be on the left hand side

Price Information

Listing Price Info

Price Summary:

  • List Price: $649,000
  • Price Per SqFt: $166/SqFt

HOA Fees:

  • Amount: $200
  • Frequency: Annually

Tax Information:

  • Annual Amount: $4,933
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ocala, FL.

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Ocala, FL

City

Med. Sold Price

$278.4K

Med. Price/SqFt

$173

Avg. Days On Market

66

# of Sold Homes

568

5340 NE 1st Ln vs Ocala

34 DAYS ON ROCKET

-32 Days

$649,000

+$370.5K More

$166/SqFt

-$7 Less

KEY TAKEAWAY

This property is $370.5K more than the Median Sold Price and $7/SqFt less than other homes in Ocala, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6189888

Listing Office:

  • Office Name: MARK SPAIN REAL ESTATE
  • Office Phone: (855) 299-7653
  • Listing Agent: Jonathan Rodon

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/27/2024, 11:49:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 17, 2018Home Sold
$370,000
Jan 06, 2004Home Sold
$250,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,933$320,070
2018$3,665$248,597
2017$3,548$243,484

History based on county public records data.

Payment Calculator

$3,323

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,012

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1987713
6
/10

  • Ward-Highlands Elementary School

  • 537 SE 36th Ave

  • 1.53 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1987714
3
/10

  • Fort King Middle School

  • 545 NE 17th Ave

  • 3.30 miles

  • Public District Grades 6-8

High School

school-card-donut-1987715
2
/10

  • Vanguard High School

  • 7 NW 28th St

  • 5.10 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $50,000. The most common annual income of people living in Ocala, FL is between $35k-100k. The majority of families are married, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5340 NE 1st Ln

What is the listing price of this property?

The listing price of 5340 NE 1st Ln property is $649,000.

What type of property is this?

The property 5340 NE 1st Ln is a house located in Ocala, Florida, 34470.

Is this property for sale now?

Active Listing: 5340 NE 1st Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5340 NE 1st Ln are:
Ward-Highlands Elementary School: GreatSchools Rating 6/10
Fort King Middle School: GreatSchools Rating 3/10
Vanguard High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,933 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 17, 2018 for $370,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5340 NE 1st Ln has 4 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 5340 NE 1st Ln is 3,918 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5340 NE 1st Ln is 1982.

Rocket Homes›Florida›Marion County›Ocala›34470›5340 NE 1st Ln

This home is located at 5340 NE 1st Ln in Ocala, FL and zip code 34470. This 3,918 square foot home, which was built in 1982, sits on a 1.07 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 24, 2024 and is currently priced at $649,000.

In March 2024, from all listings sold in Ocala, FL there were more than 75 sold above asking price, over 324 sold below and more than 169 were sold right at the asked price. The number of homes for sale in Ocala, FL increased by 2.4% between February 2024 and March 2024. The median list price of listings available in March 2024 was $278,438, while the average time on the real estate market was 66 days.

From Rocket Homes Real Estate and based on county public records data.

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