NOT LISTED FOR SALE

117 Teak Loop Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $243,182 - $248,000

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 $1,432/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
  • Directions to Property: From Hwy 40 turn South on Baseline Rd.Turn left onto Banyan Rd.Take the 3rd left onto Teak Rd. Take the 1st left onto Teak Loop. Take the 1st right to stay on Teak Loop. Home is on the Right.
  • Status: Sold
  • List Office Head Office Key Nume: 1044887
  • 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
  • Street Number Modifier: 117
  • Additional Rooms: Formal Dining Room Separate
  • Room Count: 0

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Screened
  • Water Extras YN: 0
  • 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
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

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
$246,046

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,046
Avg. Annual Appreciation
9.49%
Original Mortgage
$129,609
Outstanding Balance
$115,733
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$130,313

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
12.49%
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:

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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

    92 in this area

    211 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

This home is located at 117 Teak Loop, Ocala, FL 34472 since 11 October 2018 and is currently estimated at $246,046, approximately $168 per square foot. This property was built in 1994. 117 Teak Loop is a home located in Marion County with nearby schools including Maplewood Elementary School, Fort King Middle School, and Forest 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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