NOT LISTED FOR SALE

20 Teak Way Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $234,000 - $262,000

3 Beds
2 Baths
1,458 Sq Ft
$169/Sq Ft Est. Value

Last Sold September 19, 2023

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

Est. 2% decrease in value since last sale

Current estimated payment $1,555/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
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 194.91
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 171.47
  • Total Acreage: 0 to less than 1/4
  • 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
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Great Room,Inside Utility
  • Living Area Meters: 135.45

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 View YN: 0
  • Waterfront Feet Total: 0

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

Rental Info

  • Lease Restrictions YN: 0

Tax Info

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

Matterport 3D Tour

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
$245,884

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,116
Avg. Annual Appreciation
-0.73%
Original Mortgage
$237,500
Outstanding Balance
$231,783
Interest Rate
6.96%
Mortgage Type
New Conventional
Estimated Equity
$14,101

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:

--
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
Garland Drew $250,000 First American Title Insurance
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
Closed Garland Drew $237,500
Previous Owner Lancaster David B $151,111
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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
2025 $3,257 $215,594 $23,000 $192,594
2024 $3,023 $210,859 $21,000 $189,859
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

    297 Total Sales

    Graciela DADA McGlynn
    Section Image

  • S

    Buyer's Agent in 2023

    Selina Bowman

    EXP REALTY LLC

    (352) 800-2664

    2 in this area

    6 Total Sales

    Selina Bowman
    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

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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