1 year on rocket

8475 NE 16th Ter, Ocala, FL, 34479

$2,300,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
4 Full Baths, 2 Partial
5,364 SqFt
$429/SqFt
House
Schools Nearby

Location

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8475 NE 16th Ter, Ocala$2,300,000

Buyer Closing Credits

$10,000*

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 Built2004
HeatingElectric
CoolingCentral Air
Private PoolYes
MLS #OM656976
Lot Size2.75 Acres
StatusActive

About 8475 NE 16th Ter

Brand new roof just installs the five-year warranty.

Property Details

Property Features

Property Information:

  • Year Built: 2004
  • Stories: 3
  • Living Area: 5,364 SqFt

Listing Office:

  • Office Name: PEGASUS REALTY & ASSOC INC
  • Office Phone: (352) 629-4505
  • Listing Agent: Janelle Mertins

Interior Features

Interior Information:

  • Appliances: Convection Oven, Dishwasher, Disposal, Range, Refrigerator
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Ceiling Fans(s), Wet Bar

Bedroom and Bathroom Information:

  • Partial Bathrooms: 2
  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 8475 NE 16th Ter

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 2.75 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • North Marion High School, Public Magnet Grades 9-12
  • North Marion Middle School, Public Magnet Grades 6-8
  • Anthony Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Off main Highway I-75 take FL-326 E to NE 84th Street. Turn left onto NE Jacksonville RD/ Old US Highway 301. Continue on NE Jacksonville 1.1 miles until you see your destination on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,300,000
  • Price Per SqFt: $429/SqFt

HOA Fees:

  • Amount: $1058
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $21,772
  • Tax Year: 2020
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Housing Market Comparison

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

Map thumbnail provided by MapBox

Ocala, FL

City

Med. Sold Price

$278.4K

Med. Price/SqFt

$173

Avg. Days On Market

66

# of Sold Homes

568

8475 NE 16th Ter vs Ocala

368 DAYS ON ROCKET

+302 Days

$2,300,000

+$2.0M More

$429/SqFt

+$256 More

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price and $256/SqFt more than other homes in Ocala, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #OM656976

Listing Office:

  • Office Name: PEGASUS REALTY & ASSOC INC
  • Office Phone: (352) 629-4505
  • Listing Agent: Janelle Mertins

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: 4/26/2024, 11:49:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$21,772$1,466,527
2018$15,892$970,682
2017$15,314$951,351

History based on county public records data.

Payment Calculator

$12.6K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,962

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-1017161
5
/10

  • Anthony Elementary School

  • 9501 NE Jacksonville Rd

  • 1.00 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1017162
2
/10

  • North Marion Middle School

  • 2085 W Highway 329

  • 4.89 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-1017163
2
/10

  • North Marion High School

  • 151 W Highway 329

  • 4.73 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 $30,083. The most common annual income of people living in Ocala, FL is less than $35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 8475 NE 16th Ter

What is the listing price of this property?

The listing price of 8475 NE 16th Ter property is $2,300,000.

What type of property is this?

The property 8475 NE 16th Ter is a house located in Ocala, Florida, 34479.

Is this property for sale now?

Active Listing: 8475 NE 16th Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8475 NE 16th Ter are:
Anthony Elementary School: GreatSchools Rating 5/10
North Marion Middle School: GreatSchools Rating 2/10
North Marion 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 $21,772 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 8475 NE 16th Ter has 4 bedrooms and 4 full and 2 half bathrooms.

What is the square footage of this property?

The property 8475 NE 16th Ter is 5,364 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8475 NE 16th Ter is 2004.

Rocket Homes›Florida›Marion County›Ocala›34479›8475 NE 16th Ter

This home is located at 8475 NE 16th Ter in Ocala, FL and zip code 34479. This 5,364 square foot home, which was built in 2004, sits on a 2.75 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since April 25, 2023 and is currently priced at $2,300,000.

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. In March 2024 in Ocala, FL there were 2.4% more homes for sale than in February 2024. Listings spent 66 days on the market in March 2024, and had a median list price of $278,438 during the same period.

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

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