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

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
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Lot Features

Lot Information:

  • Lot Size: 2.75 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

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: $1183
  • 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.

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Ocala, FL

City

Med. Sold Price

$284.2K

Med. Price/SqFt

$174

Avg. Days On Market

65

# of Sold Homes

451

8475 NE 16th Ter vs Ocala

607 DAYS ON ROCKET

+542 Days

$2,300,000

+$2.0M More

$429/SqFt

+$255 More

KEY TAKEAWAY

This property is $2.0M more than the Median Sold Price and $255/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.
Last updated on: 12/22/2024, 9:19:51 AM 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

$12.7K

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.

Nearby Schools

school-card-donut-932741
5
/10

  • Anthony Elementary School

  • 9501 NE Jacksonville Rd

  • 1.00 miles

  • Public District Grades PK-5

school-card-donut-932742
4
/10

  • Ocala Springs Elementary School

  • 5757 NE 40th Avenue Rd

  • 2.78 miles

  • Public District Grades PK-5

school-card-donut-932743
3
/10

  • Oakcrest Elementary School

  • 1112 NE 28th St

  • 4.20 miles

  • Public Magnet Grades PK-5

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. Typical family type is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Living In Ocala, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Ocala, FL?

Ocala's housing market is diverse, offering a range of options from quaint single-family homes to modern apartments and spacious townhouses. The architectural styles reflect a blend of traditional and contemporary designs, with a significant portion of homes built in the late 20th century. The area has a strong homeownership rate, with a substantial majority of residents owning their homes, while the remainder of the population opts for renting.

What are the advantages of living in Ocala, FL?

Ocala prides itself on its equestrian heritage and is celebrated for its lush landscapes and serene environment. The community's character is shaped by its commitment to preserving natural beauty and fostering a close-knit atmosphere. Annual events, such as the Ocala Horse Properties Winter Eventing Series, highlight the city's passion for horseback riding and outdoor activities, reflecting the unique lifestyle cherished by its residents.

Are essential services in Ocala, FL convenient?

The city is served by a robust educational system, including a number of public and private schools that cater to various educational needs, with specialized programs available. Healthcare services are comprehensive, with facilities offering urgent care, primary care, and specialized treatments. The public library system is well-established, providing resources and programs for all ages. Retail and dining options abound, offering a taste of local flavors and culture, with city initiatives in place to adapt services to the evolving needs of the community.

How do Ocala, FL residents get around?

Ocala's transportation infrastructure supports both private and public transit options, with a bus system that operates on a set schedule, facilitating movement around the city. Ride-sharing services are readily available, complementing the public transit system. The community's walkability varies by area, with certain neighborhoods being more pedestrian-friendly. The road network includes key highways that ease commuting and travel, with ongoing plans to improve transport efficiency and accessibility for residents.

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 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 November 2024, from all listings sold in Ocala, FL there were more than 49 sold above asking price, over 256 sold below and more than 146 were sold right at the asked price. Between October 2024 and November 2024, Ocala, FL real estate market has seen increase in the number of listings by 1.2%. The median list price of listings available in November 2024 was $284,242, while the average time on the real estate market was 65 days.

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

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