NOT LISTED FOR SALE

16847 NE 16th Place Silver Springs, FL 34488

Estimated Value: $82,000 - $149,000

2 Beds
1 Bath
816 Sq Ft
$135/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $99,000 $121 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $700/month

73 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Wall Furnace
  • Cooling System Mounted To A Wall/Window
  • West Facing Home
  • 1-Story Property

About This Home

As of February 2023

Are you looking to own a home nestled in the Ocala national forest, near hunting, fishing, lakes, and some of central Florida's best springs? 2/1 on .4 acres completely fenced. Homes is freshly painted, with new appliances, a metal roof, and tile throughout. The seller is open to seller financing at the rate of 20% down, 12% interest, 15-year loan.

Last Agent to Sell the Property

Taylor Farris

NEXT GENERATION REALTY OF MARION COUNTY LLC License #3513320 Listed on: 11/03/2022

Co-Listed By

Harvey Meyer IV

MOMENTUM REALTY - OCALA License #3444056

Last Buyer's Agent

Taylor Farris

NEXT GENERATION REALTY OF MARION COUNTY LLC License #3513320 Listed on: 11/03/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $657

Year Built

  • Built in 1973

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 80x220
  • Dirt Road
  • West Facing Home
  • Property is zoned R4

Home Design

  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Tile Flooring

Kitchen

  • Convection Oven
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Magnolia Haven Un 2 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$657

Year Built

Built in 1973

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 816
  • Lot Size Acres: 0.4
  • New Construction: No
  • Year Built: 1973
  • Lot Size Sq Ft: 17424
  • Directions to Property: Use GPS for the most accurate directions.
  • Status: Sold
  • Street Direction: NE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM648369?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM648369?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 121.32
  • Close to Original List Price Ratio: 0.86087
  • View: No
  • Co List Office Mls Id: 271515411
  • Co List Office Phone: 352-624-9300
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ninguno
  • Appliances Included: Convection Oven, Disposal, Dryer, Refrigerator, Washer
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 16847
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Dirt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Other
  • Cooling: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • 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: R4
  • Parcel Number: 3214-011-011
  • Additional Parcels: No
  • Lot Dimensions: 80x220
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 656.62
  • Tax Block: K
  • Tax Book Number: 000
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2022
Closed on
Feb 10, 2023
Sold by
Jannuzzi Peter
Bought by
Brewer Joseph Raymond and Carr Andrea Lynn
Seller's Agent
Taylor Farris
NEXT GENERATION REALTY OF MARION COUNTY LLC
Buyer's Agent
Taylor Farris
NEXT GENERATION REALTY OF MARION COUNTY LLC
List Price
$115,000
Sold Price
$99,000
Premium/Discount to List
-$16,000
-13.91%
Views
30
Current Estimated Value
$110,415

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,415
Avg. Annual Appreciation
4.32%
Original Mortgage
$83,000
Outstanding Balance
$82,174
Interest Rate
12%
Mortgage Type
Seller Take Back
Estimated Equity
$28,241

Purchase Details

Listed on
Mar 25, 2022
Closed on
May 11, 2022
Sold by
Miller William T
Bought by
Jannuzzi Peter
Seller's Agent
Colin Macolino
WATSON REALTY CORP
Buyer's Agent
Harvey Meyer IV
MOMENTUM REALTY - OCALA
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
44.10%

Purchase Details

Listed on
Feb 12, 2021
Closed on
Oct 30, 2021
Sold by
Cook William Reed and Cook Susanna Marie
Bought by
Elder Planning Income Concepts Llc
Seller's Agent
Ashley Stenger
TOUCHSTONE REALTY, LLC
Buyer's Agent
Harvey Meyer IV
MOMENTUM REALTY - OCALA
List Price
$59,900
Sold Price
$48,000
Premium/Discount to List
-$11,900
-19.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
132.11%

Purchase Details

Listed on
Feb 12, 2021
Closed on
Oct 28, 2021
Sold by
Elder Planning Income Concepts Llc
Bought by
Miller William T
Seller's Agent
Ashley Stenger
TOUCHSTONE REALTY, LLC
Buyer's Agent
Harvey Meyer IV
MOMENTUM REALTY - OCALA
List Price
$59,900
Sold Price
$48,000
Premium/Discount to List
-$11,900
-19.87%

Purchase Details

Closed on
Oct 30, 2017
Sold by
Corellian Capital Llc
Bought by
Cook Jean M

Purchase Details

Closed on
Nov 18, 2015
Sold by
Aderholt Llc
Bought by
Corellian Capital Llc

Purchase Details

Listed on
Feb 12, 2013
Closed on
Mar 26, 2013
Sold by
Redfish Properties Llc
Bought by
Balch Sheila D
Seller's Agent
Danny Robertson
TOUCHSTONE REALTY, LLC
Buyer's Agent
Danny Robertson
TOUCHSTONE REALTY, LLC
List Price
$44,900
Sold Price
$44,000
Premium/Discount to List
-$900
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$19,750
Interest Rate
3.52%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 20, 2012
Sold by
Habitat For Humanity Of Marion County In
Bought by
Redfish Properties Llc

Purchase Details

Closed on
Nov 7, 2012
Sold by
U S Bank National Association
Bought by
Habitat For Humanity Of Marion County

Purchase Details

Closed on
May 29, 2012
Sold by
Shelatz Allyn and Shelatz Daniel
Bought by
Us Bank National Association

Purchase Details

Closed on
Nov 16, 2005
Sold by
Clavette Cheri L Deane and Clavette Jason
Bought by
Shelatz Allyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,900
Interest Rate
8.75%
Mortgage Type
Fannie Mae Freddie Mac
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
Brewer Joseph Raymond $99,000 Watson Title Services
Jannuzzi Peter $75,000 Watson Title Services
Elder Planning Income Concepts Llc $50,000 Attorney
Miller William T $48,000 Equitable Title Of Ocala Llc
Cook Jean M $50,000 Attorney
Cook Jean M -- Attorney
Corellian Capital Llc -- Attorney
Aderholt Llc -- None Available
Balch Sheila D $44,000 Attorney
Redfish Properties Llc $5,000 Attorney
Habitat For Humanity Of Marion County -- Service Link
Us Bank National Association -- Attorney
Shelatz Allyn $54,000 Advance Homestead Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Brewer Joseph Raymond $83,000
Previous Owner Balch Sheila D $19,750
Previous Owner Balch Sheila D $19,750
Previous Owner Shelatz Allyn $45,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $99,000 0.0% $121 / Sq Ft
01/16/2023 01/16/23 Pending -- -- --
11/28/2022 11/28/22 Price Changed $99,000 -13.9% $121 / Sq Ft
11/10/2022 11/10/22 For Sale $115,000 0.0% $141 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
11/03/2022 11/03/22 For Sale $115,000 +53.3% $141 / Sq Ft
05/11/2022 05/11/22 Sold $75,000 0.0% $92 / Sq Ft
03/26/2022 03/26/22 Pending -- -- --
03/25/2022 03/25/22 For Sale $75,000 +70.5% $92 / Sq Ft
03/07/2022 03/07/22 Off Market $44,000 -- --
03/07/2022 03/07/22 Off Market $550 -- --
10/28/2021 10/28/21 Sold $48,000 -14.1% $59 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
08/19/2021 08/19/21 Price Changed $55,900 -6.7% $69 / Sq Ft
04/16/2021 04/16/21 For Sale $59,900 0.0% $73 / Sq Ft
04/12/2021 04/12/21 Pending -- -- --
03/29/2021 03/29/21 Price Changed $59,900 -7.7% $73 / Sq Ft
03/09/2021 03/09/21 Price Changed $64,900 -7.2% $80 / Sq Ft
02/12/2021 02/12/21 For Sale $69,900 0.0% $86 / Sq Ft
07/27/2018 07/27/18 Rented $600 -7.7% --
06/28/2018 06/28/18 Under Contract -- -- --
04/25/2018 04/25/18 For Rent $650 +18.2% --
08/10/2016 08/10/16 Rented $550 0.0% --
07/11/2016 07/11/16 Under Contract -- -- --
05/27/2016 05/27/16 For Rent $550 0.0% --
03/27/2013 03/27/13 Sold $44,000 -2.0% $54 / Sq Ft
03/11/2013 03/11/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $44,900 -- $55 / 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 $1,237 $59,859 $4,272 $55,587
2023 $933 $40,092 $4,272 $35,820
2022 $737 $27,497 $2,616 $24,881
2021 $657 $21,665 $2,180 $19,485
2020 $657 $21,538 $4,360 $17,178
2019 $677 $22,472 $5,668 $16,804
2018 $651 $22,117 $6,104 $16,013
2017 $646 $21,751 $6,104 $15,647
2016 $619 $21,108 $0 $0
2015 $607 $20,382 $0 $0
2014 $268 $20,442 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM648369

Stellar MLS

APN: 3214-011-011