NOT LISTED FOR SALE

26 Teak Way Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $245,000 - $262,058

4 Beds
2 Baths
1,493 Sq Ft
$172/Sq Ft Est. Value

Last Sold September 16, 2021

Last sale price $200,000 $134 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $1,555/month

14 Days on Market

Highlights

  • No HOA
  • Covered patio or porch
  • 1 Car Attached Garage
  • Forest High School Rated A-
  • Skylights
  • Laundry closet

About This Home

As of September 2021

WITHIN WALKING DISTANCE TO THE GREENWAY TRAILHEAD, this home is boasting nearly 2,000 sf under roof with FOUR BEDROOMS and nicely situated on a cul-de-sac road with a large backyard. Roof and HVAC was recently replaced in 2018 and a new drain field just a few months ago. Home needs some updating but is reflected in the price. Close to just about everything and priced to sell.

Last Agent to Sell the Property

Joe Brown

EXP REALTY, LLC License #3059270 Listed on: 07/23/2021

EXP REALTY, LLC

Last Buyer's Agent

Chris Robertson

CHARLES RUTENBERG REALTY INC License #3295434

CHARLES RUTENBERG REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $897

Year Built

  • Built in 1988

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 81x125
  • Southeast Facing Home
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,493 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Skylights
  • Sliding Doors
  • Range
  • Laundry closet

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered patio or porch

Schools

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

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

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

$897

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1493
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1988
  • Lot Size Sq Ft: 10019
  • Directions to Property: Head North on SE 58th Ave/FL-35/County Hwy-35, Turn right onto Cherry Rd, Turn left onto Teak Rd, Take the 2nd right onto Teak Way, Home is on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM623600?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM623600?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.00251
  • Price per Sq Ft: 133.96
  • Close to Original List Price Ratio: 1.00251
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Skylight(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 26
  • Room Count: 11

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Inside, Laundry Closet
  • 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

Schools

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

Lot Info

  • Zoning: R1
  • Parcel Number: 9023-0500-89
  • Additional Parcels: No
  • Lot Dimensions: 81x125
  • Flood Zone Code: X

Rental Info

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

Tax Info

  • Tax Annual Amount: 896.64
  • Tax Block: 500
  • Tax Book Number: J-181,SILVER
  • Tax Lot: 89

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 16, 2021
Sold by
Wilkerson Gregory Thomas and Wilkerson Matthew Forrest
Bought by
Maiolo Michael and Maiolo Laura Seepersad
Seller's Agent
Joe Brown
EXP REALTY, LLC
Buyer's Agent
Chris Robertson
CHARLES RUTENBERG REALTY INC
List Price
$199,500
Sold Price
$200,000
Premium/Discount to List
$500
0.25%
Total Days on Market
14
Current Estimated Value
$256,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,265
Avg. Annual Appreciation
6.15%
Original Mortgage
$190,000
Outstanding Balance
$174,526
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$75,359
Source: Public Records

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Range of Values:

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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
Maiolo Michael $200,000 Equitable Title Of Ocala Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maiolo Michael $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/16/2021 09/16/21 Sold $200,000 +0.3% $134 / Sq Ft
08/06/2021 08/06/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $199,500 0.0% $134 / Sq Ft
07/25/2021 07/25/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $199,500 -- $134 / 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 $2,335 $165,787 $0 $0
2022 $2,270 $160,958 $19,000 $141,958
2021 $898 $71,006 $0 $0
2020 $897 $70,026 $0 $0
2019 $893 $68,452 $0 $0
2018 $865 $67,176 $0 $0
2017 $860 $65,794 $0 $0
2016 $839 $64,441 $0 $0
2015 $848 $63,993 $0 $0
2014 $810 $63,485 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Brown

    Seller's Agent in 2021

    Joe Brown

    EXP REALTY, LLC

    (352) 274-2908

    25 in this area

    135 Total Sales

    Joe Brown
    Section Image
  • Chris Robertson

    Buyer's Agent in 2021

    Chris Robertson

    CHARLES RUTENBERG REALTY INC

    (352) 642-5258

    2 in this area

    23 Total Sales

    Chris Robertson
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM623600

Stellar MLS

APN: 9023-0500-89

Florida Marion County Ocala 34472 Silver Spring Shores

26 Teak Way, Ocala, FL

This home is located at 26 Teak Way, Ocala, FL 34472 since 23 July 2021 and is currently estimated at $256,265, approximately $171 per square foot. This property was built in 1988. 26 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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