NOT LISTED FOR SALE

117 Teak Loop Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $240,277 - $253,000

3 Beds
2 Baths
1,463 Sq Ft
$168/Sq Ft Est. Value

Last Sold December 07, 2018

Last sale price $132,000 $90 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,419/month

7 Days on Market

Highlights

  • Cathedral Ceiling
  • No HOA
  • 2 Car Attached Garage
  • Forest High School Rated A-
  • Formal Dining Room
  • Screened Patio

About This Home

As of December 2018

Covered front screened-in entry, well-manicured landscape, galley kitchen with plenty of storage, ceiling fans, cathedral ceilings, skylights, screened-in back patio and utility shed for extra storage, fenced yard. Appliances convey if present at closing.

Last Agent to Sell the Property

Marie Evans

REMAX/PREMIER REALTY License #3281590 Listed on: 10/11/2018

REMAX/PREMIER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $973

Year Built

  • Built in 1994

Lot Details

  • 10,019 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned R-1 Single Family Dwellin

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,463 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Formal Dining Room
  • Fire and Smoke Detector
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Screened Patio
  • Shed
  • Rain Gutters

Schools

  • Maplewood Elementary School
  • Fort King Middle School
  • Forest High School

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Slvr Spgs Sh E Subdivision

Listing and Financial Details

  • Property Available on 10/11/18
  • Legal Lot and Block 2 / 481
  • Assessor Parcel Number 9023-0481-02

Home Details

Home Type

Single Family

Est. Annual Taxes

$973

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame, Stucco
  • Fireplace: No
  • Living Area: 1463
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 2144
  • Lot Size Sq Ft: 10019
  • Status: Sold
  • RATIO Current Price By Calculate: 90.23
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2019-10-10T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Additional Rooms: Formal Dining Room Separate

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Screened
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Electricity Connected, Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No

Schools

  • Elementary School: Maplewood Elementary School
  • High School: Forest High School
  • Middle Or Junior School: Fort King Middle School

Lot Info

  • Zoning: R-1 Single Family Dwellin
  • Parcel Number: 9023-0481-02
  • Additional Parcels: No
  • Fencing: Chain Link, Wood
  • Lot Features: Cleared, Paved
  • Lot Dimensions: 80.0 ft x 125.0 ft

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2018-10-11
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 973.38
  • Tax Block: 481
  • Tax Book Number: J-181
  • Tax Lot: 2

Multi Family

  • Total Num Buildings: 0
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2018
Closed on
Dec 7, 2018
Sold by
Lee Dick James P and Lee Dick Sage
Bought by
Velez Daniel and Velez Karen
Seller's Agent
Marie Evans
REMAX/PREMIER REALTY
List Price
$129,900
Sold Price
$132,000
Premium/Discount to List
$2,100
1.62%
Current Estimated Value
$245,819

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,819
Avg. Annual Appreciation
9.22%
Original Mortgage
$129,609
Outstanding Balance
$115,733
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$130,086

Purchase Details

Closed on
Oct 2, 2013
Sold by
Ocala Home Options Inc
Bought by
Dick James P and Dick Sage Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,020
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 5, 2013
Closed on
Apr 24, 2013
Sold by
Federal National Mortgage Association
Bought by
Ocala Home Options Inc
List Price
$69,900
Sold Price
$56,500
Premium/Discount to List
-$13,400
-19.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.29%
Original Mortgage
$75,000
Interest Rate
3.65%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 28, 2013
Sold by
Pye Marion M
Bought by
Federal National Mortgage Association
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Velez Daniel $132,000 Signature Title & Escrow Svc
Dick James P $99,000 Advantage Title Llc
Ocala Home Options Inc $56,500 Multiple
Federal National Mortgage Association -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Velez Daniel $129,609
Previous Owner Dick James P $101,020
Previous Owner Ocala Home Options Inc $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2022 03/07/22 Off Market $56,500 -- --
12/07/2018 12/07/18 Sold $132,000 +1.6% $90 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/11/2018 10/11/18 For Sale $129,900 +129.9% $89 / Sq Ft
04/24/2013 04/24/13 Sold $56,500 -19.2% $39 / Sq Ft View Prior Sale
04/11/2013 04/11/13 Pending -- -- --
02/04/2013 02/04/13 For Sale $69,900 -- $48 / 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 $1,570 $117,825 -- --
2023 $1,526 $114,393 $0 $0
2022 $1,481 $111,061 $0 $0
2021 $1,471 $107,826 $0 $0
2020 $1,457 $106,337 $0 $0
2019 $1,431 $103,946 $10,000 $93,946
2018 $992 $78,844 $0 $0
2017 $973 $77,222 $0 $0
2016 $941 $75,634 $0 $0
2015 $939 $75,108 $0 $0
2014 $893 $74,837 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marie Evans

    Seller's Agent in 2018

    Marie Evans

    RE/MAX

    (352) 425-3387

    90 in this area

    210 Total Sales

    Marie Evans
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Map

Source: Stellar MLS

MLS Number: OM544666

Stellar MLS

APN: 9023-0481-02

Florida Marion County Ocala 34472 Silver Spring Shores

117 Teak Loop, Ocala, FL

Not Listed for Sale

Detached

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