NOT LISTED FOR SALE

103 Locust Loop Ocala, FL 34472

Silver Spring Shores Neighborhood

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

3 Beds
2 Baths
1,346 Sq Ft
$168/Sq Ft Est. Value

Last Sold January 25, 2022

Last sale price $184,000 $137 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,445/month

103 Days on Market

Highlights

  • No HOA
  • Sliding Doors
  • Ceiling Fan
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Carpet

About This Home

As of January 2022

Cozy home in the serene area of Silver Springs Shores near Lake Weir and the Villages. This community has NO HOA fees. Brand new back door, recently painted interior and new carpet. The property is set on a huge plat of land giving you room to plant a garden or build a lanai, enjoying nature at its best. Perfect starter family home, northerner moving south to downsize or have an excellent investment rental property. Contact me for the lease rates in the area. Room sizes are estimates only, please take your own measurements.

Last Agent to Sell the Property

Mini Singh

LPT REALTY, LLC License #3449422 Listed on: 08/24/2021

LPT REALTY, LLC

Last Buyer's Agent

Mini Singh

LPT REALTY, LLC License #3449422 Listed on: 08/24/2021

LPT REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,038

Year Built

  • Built in 2007

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 90x125
  • Southwest Facing Home
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,346 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Cooktop

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Emerald Shores Elem. Elementary School
  • Lake Weir Middle School
  • Lake Weir High School

Utilities

  • Central Heating and Cooling System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Silver Spgs Shores Un 51 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,038

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1346
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 1951
  • Lot Size Sq Ft: 11326
  • Directions to Property: Take FL-429 N, Britt Rd, County Rd 44 W, County Rd 452, ... and Ocala Rd to Locust Rd in Marion County or Take Florida's Turnpike, US-27 N, US-441 N and Co Rd 25 to SE 135 Ave in Ocklawaha, then Take SE 114th St Rd, SE Maricamp Rd and Locust Rd to Locust Loop
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5968129?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5968129?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 136.7
  • Close to Original List Price Ratio: 0.97354
  • Ratio: Current Price\Building Area Total: 94.31
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Cooktop, Electric Water Heater, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 103
  • Room Count: 5

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Emerald Shores Elem. School
  • High School: Lake Weir High School
  • Middle Or Junior School: Lake Weir Middle School

Lot Info

  • Zoning: R1
  • Parcel Number: 9051-1615-02
  • Additional Parcels: No
  • Lot Dimensions: 90x125
  • Flood Zone Code: A

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2038.42
  • Tax Block: 1615
  • Tax Book Number: J-360,SILVER
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2021
Closed on
Jan 25, 2022
Sold by
Toolaram Singh
Bought by
Sotolongo Luis Emiliano and Gabeiras Odalys
Seller's Agent
Mini Singh
LPT REALTY, LLC
Buyer's Agent
Mini Singh
LPT REALTY, LLC
List Price
$189,000
Sold Price
$184,000
Premium/Discount to List
-$5,000
-2.65%
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.
Estimated Appreciation
$42,304
Avg. Annual Appreciation
6.39%
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
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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
01/25/2022 01/25/22 Sold $184,000 0.0% $137 / Sq Ft
12/04/2021 12/04/21 Pending -- -- --
10/16/2021 10/16/21 Price Changed $184,000 -2.6% $137 / Sq Ft
08/23/2021 08/23/21 For Sale $189,000 -- $140 / 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
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

  • Mini Singh

    Seller's Agent in 2022

    Mini Singh

    LPT REALTY, LLC

    (347) 476-4848

    1 in this area

    2 Total Sales

    Mini Singh
    Section Image
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Map

Source: Stellar MLS

MLS Number: O5968129

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 24 August 2021 and is currently estimated at $226,304, approximately $168 per square foot. This property was built in 2007. 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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