NOT LISTED FOR SALE

12 Ocale Way N Summerfield, FL 34491

Estimated Value: $415,000 - $458,000

3 Beds
2 Baths
1,581 Sq Ft
$280/Sq Ft Est. Value

Last Sold May 23, 2022

Last sale price $390,000 $247 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,913/month

108 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Lake View
  • 2 Car Attached Garage
  • Dock Has No Access To Electricity
  • No HOA
  • Central Heating and Cooling System

About This Home

As of May 2022

Not only does this home provide you with exceptional sunsets over what feels like your own private cove, but you will have access to the lake, via the north side of the island. Life on the island is nothing short of a constant party, and this home exemplifies that. Pulling in the oversized driveway you walk into the screened front porch that leads to the front door. Opening it, you are greeted with an open living room that features a fireplace and a view of the lake. Off the left of the home, you will find an updated galley kitchen that leads into the formal dining and primary bedroom off it. You will sleep well here knowing the home is well insulated, the HVAC is less than 5 years old, and the roof is 11 years young. Along the other side of the home, you will find the supplementary jack and jill bedrooms, with their own full bathroom creating a split floor-plan. The interior has been all refreshed over the last several years, but when living at the lake, most of your time is spent enjoying the outdoors, which is what this home is designed to do. A large screened in ‘party room’ is located off the exterior. A boat slip, exceptional bass fishing, and easy access to Eaton’s Beach, Gator Joes, and everything else Lake Weir has to offer are located just off the back yard. Enjoy all this, while not having to pay flood insurance. While you are certainly located away from the hustle and bustle of city life, you are still close enough to enjoy the benefits that come with it. Ocala’s downtown is less than 30 min away, the Villages and the shopping that comes along with it is only 15 minutes down the road, and Disney is a short hour drive down the interstate.

Last Agent to Sell the Property

Tyler Carpenter

CARPENTER REALTY GROUP License #3357315 Listed on: 01/16/2022

Co-Listed By

Scott Carpenter

CARPENTER REALTY GROUP License #3457927

Last Buyer's Agent

Julie Townsend

ERA GRIZZARD REAL ESTATE License #684764

ERA GRIZZARD REAL ESTATE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,831

Year Built

  • Built in 1982

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 101x121
  • 50 Feet of Waterfront
  • Lake Front
  • Southeast Facing Home
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,581 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Lake Views
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Access To Lake
  • Dock Has No Access To Electricity

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Bird Island Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,831

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Wood Frame
  • Fireplace: Yes
  • Living Area: 1581
  • Lot Size Acres: 0.28
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 2813
  • Lot Size Sq Ft: 12197
  • Directions to Property: Take Timucuan road to Bird Island, take your first right and home is on left.
  • Status: Sold
  • Street Post Direction: N
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3350274?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3350274?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.92857
  • Price per Sq Ft: 246.68
  • Close to Original List Price Ratio: 0.86667
  • Ratio: Current Price\Building Area Total: 138.64
  • View: Yes
  • Co List Office Mls Id: 261562380
  • Co List Office Phone: 813-362-4586
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Master Bedroom Main Floor
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 12
  • Room Count: 3

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Lake Weir
  • Waterfront: Yes
  • Road Surface Type: Paved, Asphalt
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Dock w/o Electric
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 50
  • Water Frontage Feet Lake: 50
  • Additional Water Information: Provides access to open water. Owner said cove was dredged and has no problems getting his bass boat out to the main lake. Frontage is approximate.

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected
  • 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

Lot Info

  • Zoning: R1
  • Parcel Number: 4789-002-015
  • Additional Parcels: No
  • Lot Dimensions: 101x121
  • Flood Zone Code: AE,X

Rental Info

  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Check with city / county regarding all rental restrictions

Tax Info

  • Tax Annual Amount: 2831.28
  • Tax Block: B
  • Tax Book Number: 7105/0782
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2025
Sold by
Vaughn Russell E and Vaughn Stephanie R
Bought by
Peytons Patio Holding Company Llc
Current Estimated Value
$442,982

Purchase Details

Listed on
Jan 16, 2022
Closed on
May 23, 2022
Sold by
Paul Audit Nicholas and Paul Marie Gina
Bought by
Vaughn Russell E and Vaughn Stephanie R
Seller's Agent
Tyler Carpenter
CARPENTER REALTY GROUP
Buyer's Agent
Julie Townsend
ERA GRIZZARD REAL ESTATE
List Price
$450,000
Sold Price
$390,000
Premium/Discount to List
-$60,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.86%

Purchase Details

Closed on
Dec 30, 2019
Sold by
Moose Alex and Moose Kimberly
Bought by
Audit Nicholas Paul and Audit Gina Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,500
Interest Rate
3.7%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 22, 2015
Sold by
Ulerick David K and Ulerick Pratt Susan L
Bought by
Moose Alex and Moose Kimberly

Purchase Details

Closed on
May 30, 2003
Sold by
Schulz Heinrich
Bought by
Ulerick Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Peytons Patio Holding Company Llc $100 None Listed On Document
Vaughn Russell E $390,000 Affiliated Title Of Central Fl
Audit Nicholas Paul $240,000 Attorney
Moose Alex $145,000 1St Quality Title Llc
Ulerick Keith $198,000 Associated Land Title Of Oca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Audit Nicholas Paul $223,500
Previous Owner Ulerick Keith $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2022 05/23/22 Sold $390,000 -7.1% $247 / Sq Ft
05/04/2022 05/04/22 Pending -- -- --
04/25/2022 04/25/22 Price Changed $420,000 -3.4% $266 / Sq Ft
04/08/2022 04/08/22 Price Changed $435,000 -1.1% $275 / Sq Ft
01/25/2022 01/25/22 Price Changed $440,000 -2.2% $278 / Sq Ft
01/16/2022 01/16/22 For Sale $450,000 -- $285 / 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 $6,763 $391,795 -- --
2023 $4,906 $292,528 $99,384 $193,144
2022 $2,834 $199,773 $0 $0
2021 $2,831 $193,954 $0 $0
2020 $2,808 $191,276 $0 $0
2019 $3,555 $195,061 $94,725 $100,336
2018 $3,234 $183,117 $86,961 $96,156
2017 $3,810 $218,368 $124,230 $94,138
2016 $3,653 $206,978 $0 $0
2015 $3,102 $208,765 $0 $0
2014 -- $207,108 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: T3350274

Stellar MLS

APN: 4789-002-015