tomo logo

$495,000

Beds
4
Baths
2.0
sq ft
2,131

5238 NE 1st Ave, Ocala, FL 34479

5238 NE 1st Ave

OCALA, FL 34479

  • <1 day on market
Updated Concrete Block Home on 1 Acre – Prime Ocala Location, No HOA! Located in a quiet, well-maintained neighborhood, this beautifully updated 4-bedroom, 2-bath concrete block home offers the perfect blend of modern upgrades and spacious living. Situated on a 1-acre lot, this 2,131 sq. ft. residence is just 8 miles from the World Equestrian Center, 2.5 miles from the nearest Publix, and a 10-minute drive to I-75—providing both privacy and convenience. Inside, the home features luxury vinyl flooring throughout, a modern kitchen with updated appliances, and new light fixtures, fans, light switches, and outlets. The functional floor plan includes two separate living areas and a cozy fireplace just off the kitchen. A large skylight in the primary bathroom floods the space with natural light, while an 8.5' x 18.5' loft offers an ideal office, reading nook, or flex space. Additional enhancements include a UV light filter on the HVAC system for improved air quality and a 2018 roof replacement. The exterior of the home is just as impressive, offering a massive 32' x 52' detached garage capable of housing up to 12 vehicles. This structure features a concrete floor, electrical panel, multiple outlets, and four 12-foot-wide roll-up doors, making it perfect for car enthusiasts, hobbyists, or extra storage. For added functionality, there is a wired storage shed ideal for lawn equipment, as well as a 1,000 sq. ft., 8-foot-tall wire enclosure with wire extending 1 foot underground for added security. A covered back patio provides a wonderful space for outdoor entertaining. With its prime location, modern updates, and abundance of space, this home is a rare find in Ocala. Schedule your private tour today!

Details

Property type

Single Family Residence

Est. home value

$416,059

Lot size

1.0 acres

Price per sq ft

$233

Year built

1991

Annual property taxes

$2,697.83

HOA

No

Price History

03/08/2025
StellarMLS

StellarMLS #GC528918

Listed
$495,000
-8.32%
12/31/2024
StellarMLS

StellarMLS #OM680930

Removed
$539,900
10/25/2024
StellarMLS

StellarMLS #OM680930

Price change
$539,900
-1.82%

Schools & Community

Elementary school: 

Ward-Highlands Elem. School

Middle school: 

Howard Middle School

High school: 

Vanguard High School

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$349,266
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$106,134
Cash to seller
$349,266

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

American Mortgage Network Of Florida

Loan start date

August 2006

Original loan amount

$172,000

Est. remaining balance

$106,134

Interest rate

6.71%

Loan type

Not Provided, 30 year

Seller

Roland Lanctot

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/09/2025 at 11:45 AM

Listing updated: 03/09/2025 at 6:54 AM

Listed by: Kristen McCallister, MATCHMAKER REALTY OF ALACHUA COUNTY Phone #: (352) 372-3930

MLS: StellarMLS #GC528918

StellarMLS logo

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