NOT LISTED FOR SALE

103 Locust Loop Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $198,000 - $237,000

0.24 Acre
$942,933 Price per Acre
10,454 Sq Ft Lot

Last Sold March 17, 2023

Last sale price $15,500

Est. 1,360% increase in value since last sale

Current estimated payment $1,445/month

208 Days on Market

About This Lot

As of March 2023

This corner vacant lot will make a great building location for your home. This is a quiet street with some new construction going on in the area. You are close to downtown Ocala with all the shopping and dining and amenities also close to the growing Villages. This is is Silver Springs Shores Subdivison and has no HOA.

Last Agent to Sell the Property

Jonathan Minerick

HOMECOIN.COM License #3477996 Listed on: 07/28/2022

Last Buyer's Agent

Eric Hadley

ALDANA REALTY LLC License #3277818

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $148

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 85x125
  • Property is zoned R1

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Silver Spgs Shores Un 33 Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 1110
  • Assessor Parcel Number 9033-1110-07

Property Details

Property Type

Land

Est. Annual Taxes

$148

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.24
  • Lot Size Sq Ft: 10454
  • Directions to Property: Head west on E Hwy 25/Ocala Rd toward SE 108th Terrace Rd 0.3 mi, Turn right onto SE 108th Terrace Rd 2.0 mi, Turn right onto SE Maricamp Rd 1.3 mi, Turn left onto Locust Rd 0.5 mi Turn left onto Locust Radial Course .4 mi, Turn left onto Locust Radial * property is located at the corner or locust radial course and locust radial **
  • Status: Sold
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 0.77889
  • Price per Sq Ft: 1.48
  • Close to Original List Price Ratio: 0.59615
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 103

Exterior Features

  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Front Footage: 85
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Electricity Available
  • Sewer: Septic Needed
  • Water Source: Well Required
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Zoning: R1
  • Parcel Number: 9033-1110-07
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 85x125
  • Price Per Acre: 64583
  • Flood Zone Code: X
  • Current Adjacent Use: Residential, Vacant
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 148.22
  • Tax Block: 1110
  • Tax Book Number: J-294
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2022
Sold by
Toolaram Singh
Bought by
Sotolongo Luis Emiliano and Gabeiras Odalys
Current Estimated Value
$226,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,114
Outstanding Balance
$162,621
Interest Rate
3.22%
Mortgage Type
FHA
Estimated Equity
$68,181

Purchase Details

Closed on
Nov 4, 2005
Sold by
Sbsg Llc
Bought by
Singh Toolaram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,300
Interest Rate
5.9%
Mortgage Type
Construction

Purchase Details

Closed on
Mar 3, 2005
Sold by
Delroy Robert A and Del Roy Eleanor A
Bought by
Sbi Group Llc
Source: Public Records

Range of Values:

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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
Sotolongo Luis Emiliano $184,000 Stewart Title
Singh Toolaram $38,000 Union Title Services Inc
Sbi Group Llc $26,000 Union Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sotolongo Luis Emiliano $174,114
Previous Owner Singh Toolaram $125,000
Previous Owner Singh Toolaram $121,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/17/2023 03/17/23 Sold $15,500 -22.1% --
02/22/2023 02/22/23 Pending -- -- --
11/17/2022 11/17/22 Price Changed $19,900 -4.8% --
10/31/2022 10/31/22 Price Changed $20,900 -4.6% --
09/21/2022 09/21/22 Price Changed $21,900 -3.7% --
09/12/2022 09/12/22 Price Changed $22,750 -11.5% --
08/26/2022 08/26/22 Price Changed $25,700 -1.2% --
07/28/2022 07/28/22 For Sale $26,000 -- --
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
2024 $2,994 $169,136 $17,600 $151,536
2023 $3,118 $175,774 $16,000 $159,774
2022 $2,386 $116,892 $0 $0
2021 $2,092 $106,265 $6,000 $100,265
2020 $2,038 $102,233 $5,000 $97,233
2019 $1,968 $99,816 $4,000 $95,816
2018 $1,729 $86,149 $3,000 $83,149
2017 $1,680 $84,953 $3,000 $81,953
2016 $1,527 $73,686 $0 $0
2015 $1,470 $69,356 $0 $0
2014 $1,382 $67,563 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Minerick

    Seller's Agent in 2023

    Jonathan Minerick

    HOMECOIN.COM

    (888) 400-2513

    8 in this area

    6,803 Total Sales

    Jonathan Minerick
    Section Image
  • Eric Hadley

    Buyer's Agent in 2023

    Eric Hadley

    ALDANA REALTY LLC

    (352) 342-0137

    52 in this area

    393 Total Sales

    Eric Hadley
    Section Image
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Map

Source: Stellar MLS

MLS Number: T3391385

Stellar MLS

APN: 9051-1615-02

Florida Marion County Ocala 34472 Silver Spring Shores

103 Locust Loop, Ocala, FL

This home is located at 103 Locust Loop, Ocala, FL 34472 since 28 July 2022 and is currently estimated at $226,304. 103 Locust Loop is a home located in Marion County with nearby schools including Emerald Shores Elementary School, Lake Weir Middle School, and Lake Weir High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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