NOT LISTED FOR SALE

Estimated Value: $248,000 - $276,000

0.29 Acre
$896,607 Price per Acre
12,632 Sq Ft Lot

Last Sold November 02, 2023

Last sale price $24,000 $19 Per Sq Ft

Est. 983% increase in value since last sale

Current estimated payment $1,654/month

89 Days on Market

Highlights

  • No HOA
  • Challenge School Rated A
  • High Speed Internet

About This Lot

As of November 2023

Silver Springs Shore or otherwise known as "The Shores" is ten miles southeast of Ocala, Fl the county seat. It offers a community center with pool ($5.00 Key), Silver Springs Shores Golf Club, Greenway Park access to walking/bike trails, plenty of grocery stores and great schools. Since the late 1800s, visitors have flocked to Silver Spring State Park to take a ride on the first-in-the-nation glass bottom boats and is now a world-famous destination and vacation home / residential community.
Aside from being excellent value, this vacant land property is sitting in a prime location. State Route 464 diagonally crosses through Silver Spring Shores. Head north ten miles and end up in downtown Ocala, which is close to shopping centers like Paddock Mall. Head ten miles south and you’ll arrive at Lake Weir, an inland beach that is popular with boaters and jet skiers.
Construction Loans are available to build on this property, get more details from your mortgage lender.

Last Agent to Sell the Property

Nancy Thomas

SABAL PALM HOME & RENTALS LLC License #655065 Listed on: 07/15/2023

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $201

Lot Details

  • 0.29 Acre Lot
  • Lot Dimensions are 100x126
  • Property fronts a county road
  • Unincorporated Location
  • North Facing Home
  • Property is zoned R1

Utilities

  • Well
  • Septic Needed
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Silver Springs Shores Unit 24 Subdivision

Listing and Financial Details

  • Legal Lot and Block 2 / 553
  • Assessor Parcel Number 9024-0553-02

Property Details

Property Type

Land

Est. Annual Taxes

$201

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.29
  • Lot Size Sq Ft: 12632
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: East Silver Springs Blvd
  • RATIO Current Price By Calculate: 1.90
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: North
  • Road Frontage Type: County Road
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: None
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Phone Available, Water Available
  • Sewer: Septic Needed
  • Water Source: Public, Well

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R1
  • Parcel Number: 9024-0553-02
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, In County, Paved, Unincorporated
  • Lot Dimensions: 100x126
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 200.92
  • Tax Block: 553
  • Tax Book Number: J-188
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 5, 2024
Sold by
Appel-Green Mia
Bought by
Rasnick Morgan and Shawver Tylr Carter
Current Estimated Value
$260,016

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,109
Outstanding Balance
$261,567
Interest Rate
6.78%
Mortgage Type
FHA
Estimated Equity
-$1,551

Purchase Details

Listed on
Jul 15, 2023
Closed on
Nov 2, 2023
Sold by
Carrasco Andrea
Bought by
Appel-Green Mia
Seller's Agent
Nancy Thomas
SABAL PALM HOME & RENTALS LLC
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$30,000
Sold Price
$24,000
Premium/Discount to List
-$6,000
-20%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
193.92%

Purchase Details

Closed on
Jan 30, 2002
Sold by
Bank Of America Na
Bought by
Carrasco Andrea
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rasnick Morgan $270,000 All American Land Title
Rasnick Morgan $270,000 All American Land Title
Appel-Green Mia $24,000 Atlas Title
Appel-Green Mia $24,000 Atlas Title
Carrasco Andrea $15,700 Peninsula Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasnick Morgan $265,109
Closed Rasnick Morgan $265,109
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/02/2023 11/02/23 Sold $24,000 -4.0% $19 / Sq Ft
10/13/2023 10/13/23 Pending -- -- --
09/30/2023 09/30/23 Price Changed $25,000 -16.7% $20 / Sq Ft
07/15/2023 07/15/23 For Sale $30,000 -- $24 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $3,528 $233,230 $20,000 $213,230
2024 $577 $20,000 $20,000 --
2023 $577 $4,831 -- --
2022 $201 $4,392 $0 $0
2021 $155 $7,500 $7,500 $0
2020 $142 $6,000 $6,000 $0
2019 $133 $5,000 $5,000 $0
2018 $114 $3,000 $3,000 $0
2017 $114 $3,000 $3,000 $0
2016 $114 $3,000 $0 $0
2015 $115 $3,000 $0 $0
2014 $113 $3,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: R4907067

Stellar MLS

APN: 9024-0553-02