5952 Cherry Rd Ocala, FL 34472

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3 beds · 2 baths · 2,239 sq ft · Lot Size: 10,454 sq ft · Single Family Home
Est. Property Value: $242,292

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5952 Cherry Rd is in the 34472 neighborhood of Ocala, FL. It is located in Marion County and ZIP code 34472. This Single Family Home was built in 1989 and is approximately 36 years old. The single family home spans 2239 sq ft with 3 bedrooms and 2 bathrooms and sits on a 10454 sq ft lot. According to public records, it was sold for $78,000 and has a tax-assessed value of $278,290, which is $108 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 5952 Cherry Rd Ocala, FL 34472 with Property Intel by Whitepages.

Owners & Occupancy for 5952 Cherry Rd

This property is owned by Madge H Waugh. Owner contact information includes 9 phone numbers and 5 email addresses.

Property Owners

Cell Phone(904) ***-****View Cell Phone
Residence*********
Landline(502) 452-6256
Distance from Property**********
Email Address*******@aol.comView Email

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 88
Resident 2************* age 84

Property Financials for 5952 Cherry Rd

5952 Cherry Rd, Ocala, FL has no known mortgage. The Marion county assessment for 2024 values it at $278,290, with annual taxes of $1,469.

Property Tax

Property Tax Amount$1,469 in 2024
Purchase Price$78,000
Assessed Value$278,290 on 2024

Investment Potential for 5952 Cherry Rd

The property has a current estimated value of $242,292, which is 1% above the zip median, based on public records. It last sold for $78,000. Projected long-term
is $29,400 annually ($2,450 per month) with a 86% occupancy rate.

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Long-Term

Gross Rental
$29,400 per year($2,450 per month)
Net Operating Income
Cap Rate
Occupancy Rate
86%in 34472 zip code
 
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Property Details for 5952 Cherry Rd

Property Details

Property Sq Ft

Living Area

2,239 sq ft

57% above market

Lot Size

10,454 sq ft

8% below market

Price Per Sq Ft

Living Area

$108 / sq ft

35% below market

Lot Size Area

$23 / sq ft

11% above market

Property condition, age, exterior, etc. for 5952 Cherr…
Longitude: -82.051243 Latitude: 29.168261 Parcel Number (APN): 9023-0477-09…

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Market Benchmarks

Compare data for 5952 Cherry Rd in Marion County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$242,292
$349,875
-$107,583 (-31%)
$447,083
-$167,098 (-37%)
YoY Price Change
1.8%
-117%
Year Built
1989
1990
-1 years
Living Space
2,239 sq ft
1,630 sq ft
609 (37%)
$ Per Living Sq Ft
$108
$213
-$105 (-49%)
Lot Size
10,454 sq ft
9,599 sq ft
855 (9%)
$ Per Lot Sq Ft
$23
$38
-$14 (-38%)

Net Operating Income
$19,792
$2,430 (12%)
Annual Revenue
$29,400
$29,400
$0 (0%)
$9,768
-$2,590 (-27%)
Net Operating Income
$19,792
$2,430 (12%)
Cap Rate
5.75%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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