NOT LISTED FOR SALE

116 Cedar Rd Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $213,000 - $249,000

3 Beds
2 Baths
1,621 Sq Ft
$143/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $205,000 $126 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,450/month

15 Days on Market

Highlights

  • Vaulted Ceiling
  • Skylights
  • Ceramic Tile Flooring
  • No HOA
  • 2 Car Attached Garage
  • Sliding Doors

About This Home

As of October 2021

Great 3/2/2 home in the Shores! BRAND NEW ROOF - AUGUST 2021! New well. 2019 Septic pump. CBS. Ceramic tile in all of the home except for 2 bedrooms. Vaulted ceilings. Huge living and dining room space (29x13). Family room. Kitchen has ceramic tile counters and backsplash. Office/flex room in between the kitchen and laundry room. Split bedrooms. Master bedroom has ensuite bathroom with oversized ceramic walk-in shower. Large backyard with plenty of room for a pool! Convenient location with shopping, dining, parks, and post office nearby.

Last Agent to Sell the Property

Cindy Kauffman

SOUTHERN ASSOCIATES REALTY LLC License #3386604 Listed on: 08/28/2021

Last Buyer's Agent

Bob Slutsky

RE/MAX PREMIER REALTY LADY LK License #572085

RE/MAX PREMIER REALTY LADY LK

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,259

Year Built

  • Built in 1989

Lot Details

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

Parking

  • 2 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,621 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Recirculated Exhaust Fan

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Silver Spgs Shores Un 09 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,259

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1621
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 2121
  • Lot Size Sq Ft: 10454
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM625551?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM625551?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.02551
  • Price per Sq Ft: 126.47
  • Close to Original List Price Ratio: 0.93224
  • Ratio: Current Price\Building Area Total: 96.65
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Skylight(s), Split Bedroom, Vaulted Ceiling(s), Window Treatments
  • Appliances Included: Electric Water Heater, Exhaust Fan, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Room Count: 8

Exterior Features

  • Direction Faces: North
  • Exterior Features: Lighting, 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
  • Parking Features: Driveway
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • 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

Lot Info

  • Zoning: R1
  • Parcel Number: 9009-0080-11
  • Additional Parcels: No
  • Lot Dimensions: 85x125
  • Flood Zone Code: X

Rental Info

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

Tax Info

  • Tax Annual Amount: 1258.85
  • Tax Block: 80
  • Tax Book Number: J-083,SILVER
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2021
Closed on
Oct 15, 2021
Sold by
Lamont Lutroy and Thomas Lutroy Lamont
Bought by
Azcano Connie L and Hernandez Ashley L
Seller's Agent
Cindy Kauffman
SOUTHERN ASSOCIATES REALTY LLC
Buyer's Agent
Bob Slutsky
RE/MAX PREMIER REALTY LADY LK
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Current Estimated Value
$238,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,415
Avg. Annual Appreciation
3.04%
Original Mortgage
$164,000
Outstanding Balance
$149,553
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$82,850

Purchase Details

Closed on
Sep 26, 2016
Sold by
Price Nathan and The 116 Cedar Road Family Trus
Bought by
Lamont Lutroy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
3.47%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2007
Sold by
Peters Jill
Bought by
Price Nathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
13.25%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 2, 2004
Sold by
Preston Riley and Preston Sharon L
Bought by
Preston Sharon Lafaye

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
9.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2000
Sold by
Johnson Marjorie V
Bought by
Preston Riley and Preston Sharon L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,000
Interest Rate
10%
Mortgage Type
Seller Take Back
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
Azcano Connie L $205,000 Affiliated Ttl Of Ctrl Fl Lt
Lamont Lutroy $100,000 United Title Group Of Lakela
Price Nathan $112,000 Island Title Company
Peters Jill $97,700 Island Title Services
Preston Sharon Lafaye -- All American Title
Preston Riley $65,000 1St American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Azcano Connie L $164,000
Previous Owner Lamont Lutroy $96,000
Previous Owner Price Nathan $115,000
Previous Owner Preston Sharon Lafaye $70,000
Previous Owner Preston Riley $52,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2021 10/15/21 Sold $205,000 +2.6% $126 / Sq Ft
09/12/2021 09/12/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $199,900 0.0% $123 / Sq Ft
09/06/2021 09/06/21 Pending -- -- --
09/05/2021 09/05/21 Price Changed $199,900 -9.1% $123 / Sq Ft
08/28/2021 08/28/21 For Sale $219,900 -- $136 / 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 $2,411 $171,672 -- --
2023 $2,349 $166,672 $0 $0
2022 $2,284 $161,817 $14,000 $147,817
2021 $2,334 $121,080 $8,000 $113,080
2020 $1,259 $94,341 $0 $0
2019 $1,235 $92,208 $0 $0
2018 $1,179 $90,496 $0 $0
2017 $1,157 $88,642 $5,500 $83,142
2016 $1,578 $76,810 $0 $0
2015 $1,487 $70,342 $0 $0
2014 $1,366 $65,337 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cindy Kauffman

    Seller's Agent in 2021

    Cindy Kauffman

    SOUTHERN ASSOCIATES REALTY LLC

    (352) 461-1038

    85 in this area

    611 Total Sales

    Cindy Kauffman
    Section Image
  • Bob Slutsky

    Buyer's Agent in 2021

    Bob Slutsky

    RE/MAX

    (352) 572-0551

    2 in this area

    198 Total Sales

    Bob Slutsky
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM625551

Stellar MLS

APN: 9009-0080-11

Florida Marion County Ocala 34472 Silver Spring Shores

116 Cedar Rd, Ocala, FL

Not Listed for Sale

Detached

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