NOT LISTED FOR SALE

16 Locust Dr Ocala, FL 34472

Estimated Value: $209,000 - $255,000

0.23 Acre
$1,044,974 Price per Acre
10,019 Sq Ft Lot

Last Sold May 29, 2024

Last sale price $14,000

Est. 1,617% increase in value since last sale

Current estimated payment $1,566/month

651 Days on Market

About This Lot

As of May 2024

AFFORDABLE, 0.23 Ac., WOODED, BUILDING LOT. This is a growing area and in a GREAT LOCATION for you to build your dream home. Nice, paved roads, easy access to Ocala, Lake Weir or the Villages. SITE BUILT HOMES ONLY, NO MOBILE HOMES. Buy this land and/or purchase an available land/home package and START BUILDING TODAY! !

Last Agent to Sell the Property

Joseph Gallagher

REDI REAL ESTATE, LLC Brokerage Phone: 352-512-8130 License #3268991 Listed on: 05/25/2022

Last Buyer's Agent

Betsy Sanchez Castillo De Diaz

BORGES & JAIME REAL ESTATE , LLC License #3504570

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $132

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Property fronts a county road
  • Northeast Facing Home
  • Wooded Lot
  • Property is zoned R1

Schools

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

Utilities

  • Well Required
  • Septic Needed

Community Details

  • No Home Owners Association
  • Silver Spgs Shores Un 33 Subdivision

Listing and Financial Details

  • Legal Lot and Block 16 / 1124
  • Assessor Parcel Number 9033-1124-16

Property Details

Property Type

Land

Est. Annual Taxes

$132

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.23
  • Lot Size Sq Ft: 10019
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 1.40
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Attribution Contact: 352-512-8130
  • Tax Year: 2021
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Direction Faces: Northeast
  • Road Frontage Type: County Road
  • Waterfront: No
  • Road Surface Type: Asphalt, Paved
  • Disclosures: None
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Electrical Nearby
  • Sewer: None, Septic Needed
  • Water Source: None, Well Required

Condo/Co-op/Association

  • Association: No
  • Association 2 YN: 0
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

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: 9033-1124-16
  • Additional Parcels: No
  • Current Use: Unimproved
  • Lot Features: Buildable, In County, Paved, Wooded
  • Lot Dimensions: 80x125
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 131.67
  • Tax Block: 1124
  • Tax Book Number: J-294
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jul 16, 2024
Sold by
Equity Trust Company
Bought by
Sanchez Antonio and Sanchez Abigail M
Seller's Agent
Joseph Gallagher
REDI REAL ESTATE, LLC
Buyer's Agent
Betsy Sanchez Castillo De Diaz
BORGES & JAIME REAL ESTATE , LLC
List Price
$23,500
Sold Price
$14,000
Premium/Discount to List
-$9,500
-40.43%
Views
106
Current Estimated Value
$240,344

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,344
Avg. Annual Appreciation
497.78%
Original Mortgage
$240,562
Outstanding Balance
$237,042
Interest Rate
6.99%
Mortgage Type
FHA
Estimated Equity
$3,302

Purchase Details

Closed on
Nov 8, 2021
Sold by
Thoroughbred Builders Inc
Bought by
Equity Trust Company

Purchase Details

Closed on
Jan 31, 2013
Sold by
Jeremiahs International Trading Company
Bought by
Fiske Matthew

Purchase Details

Closed on
Dec 31, 2012
Sold by
Biancur Andrew and Cooper Sandra
Bought by
Jeremiahs International Trading Company
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
Sanchez Antonio $245,000 Atlas Title
Equity Trust Company $190,000 First American Title Ins Co
Fiske Matthew $5,300 None Available
Jeremiahs International Trading Company $60,600 1St Quality Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sanchez Antonio $240,562
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2024 05/29/24 Sold $14,000 -15.2% --
03/07/2024 03/07/24 Pending -- -- --
08/19/2022 08/19/22 Price Changed $16,500 -29.8% --
06/06/2022 06/06/22 For Sale $23,500 0.0% --
05/31/2022 05/31/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $23,500 -- --
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
2025 $3,729 $206,183 $18,000 $188,183
2024 $3,673 $200,270 -- --
2023 $3,610 $182,064 $0 $0
2022 $2,971 $165,513 $14,000 $151,513
2021 $348 $5,200 $5,200 $0
2020 $140 $4,500 $4,500 $0
2019 $116 $3,000 $3,000 $0
2018 $113 $3,000 $3,000 $0
2017 $114 $3,000 $3,000 $0
2016 $114 $3,000 $0 $0
2015 $115 $3,000 $0 $0
2014 $113 $3,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM639887

Stellar MLS

APN: 9034-1061-18