NOT LISTED FOR SALE

20 Teak Way Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $239,000 - $296,000

3 Beds
2 Baths
1,458 Sq Ft
$175/Sq Ft Est. Value

Last Sold September 19, 2023

Last sale price $250,000 $171 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,619/month

86 Days on Market

Highlights

  • Open Floorplan
  • Living Room with Fireplace
  • Traditional Architecture
  • Forest High School Rated A-
  • Vaulted Ceiling
  • Main Floor Primary Bedroom

About This Home

As of September 2023

100% FINANCING AVAILABLE or explore assumption of Seller's FHA-loan with very low rate! 2019 Roof and 2021 AC on this charming and super-adorable home zoned Maplewood Elementary and a stone's throw away from the side entrance to Cross Florida Greenway which is a 110-mile linear park that is more than a mile wide in places. The Greenway hosts more than 300 miles of trails of all types! Beautifully remodeled and impeccably-maintained concrete block home in a quaint neighborhood with great fenced-in backyard space! Well-laid out plan with 3 respectably-sized beds and 2 bathrooms, spacious great room and the coziest kitchen/dining areas! Vault ceilings add volume to the open space, gorgeous newer laminate floors (carpets in 2 guest beds only), remodeled kitchen with stainless-steel appliances, solar tube in bath, light fixtures and fans have been replaced, beautiful kitchen cabinetry all add to the modern-farmhouse charm of this home! The stone-clad fireplace set dramatically in the big great room adds character to the home. Updated toilets, rain gutters, blinds, open shelves, valet built-in in foyer, new garbage disposal, new well tank/bladder are some of the other features. Washer/Dryer stay! All these for 275K! Call now!

Last Agent to Sell the Property

Graciela DADA McGlynn

RE/MAX PROFESSIONALS Brokerage Phone: 352-375-1002 License #3112603 Listed on: 04/24/2023

RE/MAX PROFESSIONALS

Last Buyer's Agent

Selina Bowman

EXP REALTY LLC License #3525272

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,033

Year Built

  • Built in 1994

Lot Details

  • 9,148 Sq Ft Lot
  • Southeast Facing Home
  • Cleared Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,458 Sq Ft Home
  • Open Floorplan
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Wood Burning Fireplace
  • Blinds
  • French Doors
  • Great Room
  • Living Room with Fireplace
  • Inside Utility

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Silver Springs Shores Unit 23 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,033

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 1458
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 2098
  • Lot Size Sq Ft: 9148
  • Directions to Property: From SE 58th Ave, turn onto Cherry Road. Follow road to left on Teak Rd to right on Teak Way to home on right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 529793682
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 171.47
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Open Floorplan, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 20
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility
  • Living Area Meters: 135.45
  • Room Count: 3

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: French Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2023-04-24

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

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

Schools

  • Elementary School: Maplewood Elementary School-M
  • High School: Forest High School
  • Middle Or Junior School: Fort King Middle School

Lot Info

  • Zoning: RES
  • Parcel Number: 9023-0500-86
  • Additional Parcels: No
  • Lot Features: Cleared
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 850

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 2032.68
  • Tax Block: 500
  • Tax Book Number: J
  • Tax Lot: 86

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2023
Closed on
Sep 19, 2023
Sold by
Lancaster David B and Lancaster Brynne M
Bought by
Garland Drew
Seller's Agent
Graciela DADA McGlynn
RE/MAX PROFESSIONALS
Buyer's Agent
Selina Bowman
EXP REALTY LLC
List Price
$275,000
Sold Price
$250,000
Premium/Discount to List
-$25,000
-9.09%
Views
113
Current Estimated Value
$258,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,163
Avg. Annual Appreciation
1.66%
Original Mortgage
$237,500
Outstanding Balance
$233,788
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$24,096

Purchase Details

Closed on
Sep 27, 2019
Sold by
Ritchie Debra Kay
Bought by
Lancaster David B and Lancaster Brynne N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,111
Interest Rate
3.87%
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
Garland Drew $250,000 First American Title Insurance
Lancaster David B $153,900 Equitable Title Of Ocala Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garland Drew $237,500
Previous Owner Lancaster David B $18,530
Previous Owner Lancaster David B $151,111
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/19/2023 09/19/23 Sold $250,000 +1.2% $171 / Sq Ft
07/20/2023 07/20/23 Pending -- -- --
07/18/2023 07/18/23 Price Changed $247,000 -5.9% $169 / Sq Ft
06/14/2023 06/14/23 Price Changed $262,500 -2.7% $180 / Sq Ft
05/08/2023 05/08/23 Price Changed $269,900 -1.9% $185 / Sq Ft
04/24/2023 04/24/23 For Sale $275,000 -- $189 / 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 $2,476 $150,328 $0 $0
2022 $2,033 $145,950 $0 $0
2021 $2,026 $141,699 $11,000 $130,699
2020 $2,294 $117,740 $10,000 $107,740
2019 $2,101 $104,898 $10,000 $94,898
2018 $938 $75,479 $0 $0
2017 $930 $73,927 $0 $0
2016 $910 $72,406 $0 $0
2015 $912 $71,903 $0 $0
2014 $868 $71,332 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Graciela DADA McGlynn

    Seller's Agent in 2023

    Graciela DADA McGlynn

    RE/MAX

    (352) 949-1109

    1 in this area

    314 Total Sales

    Section Image

  • S

    Buyer's Agent in 2023

    Selina Bowman

    EXP REALTY LLC

    (352) 800-2664

    2 in this area

    6 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: GC512521

Stellar MLS

APN: 9023-0500-86

Florida Marion County Ocala 34472 Silver Spring Shores

20 Teak Way, Ocala, FL

This home is located at 20 Teak Way, Ocala, FL 34472 since 24 April 2023 and is currently estimated at $255,701, approximately $175 per square foot. This property was built in 1994. 20 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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