NOT LISTED FOR SALE

18 Teak Way Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $251,000 - $271,610

3 Beds
2 Baths
1,608 Sq Ft
$163/Sq Ft Est. Value

Last Sold July 25, 2014

Last sale price $98,900 $62 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $1,568/month

90 Days on Market

Highlights

  • Race Track
  • Cathedral Ceiling
  • 2 Car Attached Garage
  • Forest High School Rated A-
  • No HOA
  • Walk-In Closet

About This Home

As of July 2014

Super nice 3/2 plus computer room & glassed Fla. Room! Very open--contemporary w/Cathedral ceilings. BONUS!--French doors to computer rm. BONUS!--Beautiful glassed Fla Room w/heat & air with own compressor. Pretty stone fireplace has Heatilator. This home has tremendous closets & storage rm. Tiled floors in Kitchen/DA, computer rm, baths & laundry rm. New Roof, fans ,carpet. All bedrooms have walk-in closets. Fireplace was professionally cleaned. Like to walk or jog?--Greenway right around the corner. Home is already wired for generator. A/C replaced in 2008. Septic pumped in 2010. Large backyard is fenced. Well has nice cover. Sprinkler system in backyard. Agent has certified survey--(Jan 2007) Absolute Land Surveying.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $907

Year Built

  • Built in 1995

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 81x125
  • Street terminates at a dead end
  • Chain Link Fence
  • Irrigation
  • Cleared Lot
  • 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

  • 1,608 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Schools

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

Horse Facilities and Amenities

  • Race Track

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Slvr Spgs Sh N Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Property Available on 3/25/14
  • Legal Lot and Block 85 / 500
  • Assessor Parcel Number 9023-0500-85

Home Details

Home Type

Single Family

Est. Annual Taxes

$907

Year Built

Built in 1995

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: Yes
  • Living Area: 1608
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 2208
  • Lot Size Sq Ft: 10019
  • Directions to Property: From Baseline Road go East on Cherry Road; Left at Teak Road; Right at Teak Way to home on right.
  • Status: Sold
  • List Office Head Office Key Nume: 1044871
  • RATIO Current Price By Calculate: 61.50
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Barn Features: None
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 18
  • Room Count: 0

Exterior Features

  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • 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: Cable Available
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside, Other
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association: No
  • 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: 9023-0500-85
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Cleared, Street Dead-End, Paved
  • Lot Dimensions: 81x125
  • Horse Amenities: None, Race Track
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2014-03-25
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 907
  • Tax Block: 500
  • Tax Book Number: J-181
  • Tax Lot: 85

Multi Family

  • Total Num Buildings: 0
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2014
Closed on
Jul 25, 2014
Sold by
Bland Charles P and Stewart Lynette K
Bought by
Kostik Robert George and Kostik Nancy Lee
List Price
$94,900
Sold Price
$98,900
Premium/Discount to List
$4,000
4.21%
Current Estimated Value
$268,067

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,167
Avg. Annual Appreciation
9.69%
Original Mortgage
$79,120
Interest Rate
4.24%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2007
Sold by
Prudential Relocation Inc
Bought by
Stewart Lynnette K and Bland Charles P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,600
Interest Rate
6.07%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2006
Sold by
Shenk Harold G and Shenk Pamela S
Bought by
Prudential Relocation Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,600
Interest Rate
6.07%
Mortgage Type
FHA
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
Kostik Robert George $98,900 Advantage Title Llc
Stewart Lynnette K $169,500 Associated Attorney Title &
Prudential Relocation Inc $176,500 Associated Attorney Title &
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kostik Robert G $102,588
Closed Kostik Robert G $50,000
Closed Kostik Robert George $79,120
Previous Owner Stewart Lynnette K $135,600
Previous Owner Shenk Harold $50,700
Previous Owner Shenk Harold $25,000
Previous Owner Shenk Harold G $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Off Market $98,900 -- --
07/25/2014 07/25/14 Sold $98,900 +4.2% $62 / Sq Ft
06/22/2014 06/22/14 Pending -- -- --
03/24/2014 03/24/14 For Sale $94,900 -- $59 / 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
2023 $1,200 $93,646 $0 $0
2022 $1,162 $90,918 $0 $0
2021 $1,151 $88,270 $0 $0
2020 $1,139 $87,051 $0 $0
2019 $1,117 $85,094 $0 $0
2018 $1,067 $83,507 $0 $0
2017 $1,047 $81,789 $0 $0
2016 $1,014 $80,107 $0 $0
2015 $910 $71,616 $0 $0
2014 $968 $79,654 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: OM405183

Stellar MLS

APN: 9023-0500-85

Florida Marion County Ocala 34472 Silver Spring Shores

18 Teak Way, Ocala, FL

This home is located at 18 Teak Way, Ocala, FL 34472 since 25 March 2014 and is currently estimated at $261,903, approximately $162 per square foot. This property was built in 1995. 18 Teak Way 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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