NOT LISTED FOR SALE

2731 SE 48th Ave Ocala, FL 34480

Silver Spring Shores Neighborhood

Estimated Value: $394,000 - $545,000

3 Beds
2.5 Baths
2,706 Sq Ft
$169/Sq Ft Est. Value

Last Sold September 26, 2023

Last sale price $399,000 $147 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $2,705/month

178 Days on Market

Highlights

  • Open Floorplan
  • Cathedral Ceiling
  • Main Floor Primary Bedroom
  • Forest High School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of September 2023

Incredibly low price! Beautiful Fabian Built home that was Parade of Homes Winner. This home has tons of upgrades: granite countertops, stainless steel appliances, tankless water heater, natural gas fireplace, beautiful walk-in shower and plantation shutters throughout the home.

Location of the home is in the highly sought after gated Magnolia Park Subdivision in southeast Ocala. The house is across from the majority of the amenities within the subdivision.
Brand new flooring, stove and light fixtures have been included in this beautiful home.
Brand new roof is being installed prior to September 2023.

Last Agent to Sell the Property

Rance Kay

CENTRAL FLORIDA REALTY Brokerage Phone: 352-427-9092 License #0114004 Listed on: 03/09/2023

Last Buyer's Agent

Taylor Farris

CROWN & GLORY REALTY INC License #3513320

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,705

Year Built

  • Built in 2007

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 73x193
  • West Facing Home
  • Property is zoned R1AA

HOA Fees

  • $59 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stone Siding
  • Stucco

Interior Spaces

  • 2,706 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Window Treatments
  • Living Room
  • Wood Flooring

Kitchen

  • Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • Rain Gutters
  • Private Mailbox

Schools

  • Forest High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Cable TV Available

Community Details

  • Stephanie Association
  • Magnolia Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,705

Year Built

Built in 2007

Lot Details

0

HOA Fees

$59 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stone, Stucco
  • Fireplace: Yes
  • Living Area: 2706
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 3625
  • Lot Size Sq Ft: 13939
  • Status: Sold
  • Street Direction: SE
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 336.77
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: SE First Avenue
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 147.45
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, High Ceilings, Master Bedroom Main Floor, Open Floorplan, Thermostat, Vaulted Ceiling(s), Window Treatments
  • Appliances Included: Dishwasher, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 251.40

Exterior Features

  • Direction Faces: West
  • Exterior Features: Private Mailbox, Rain Gutters, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • 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: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 59
  • Association Fee Frequency: Monthly
  • Association Name: Stephanie
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: stephanie@lelandmanagement.com

Fee Information

  • Total Annual Fees: 708.00
  • Total Monthly Fees: 59.00
  • Monthly HOA Amount: 59.00

Schools

  • High School: Forest High School

Lot Info

  • Zoning: R1AA
  • Parcel Number: 29732-001-21
  • Additional Parcels: No
  • Lot Dimensions: 73x193
  • Flood Zone Code: c

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 6705.14
  • Tax Block: A
  • Tax Book Number: 8-165
  • Tax Lot: 21

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 11, 2024
Sold by
Morrison Bryan J and Morrison Melissa R
Bought by
Lazy Dog Revocable Living Trust and Morrison
Current Estimated Value
$457,509

Purchase Details

Listed on
Mar 9, 2023
Closed on
Sep 25, 2023
Sold by
Kay Rance
Bought by
Morrison Bryan and Morrison Melissa
Seller's Agent
Rance Kay
CENTRAL FLORIDA REALTY
Buyer's Agent
Taylor Farris
CROWN & GLORY REALTY INC
List Price
$419,000
Sold Price
$399,000
Premium/Discount to List
-$20,000
-4.77%
Views
164

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.02%

Purchase Details

Closed on
Jul 16, 2012
Sold by
Kay Melissa and Barfield Melissa
Bought by
Kay Rance

Purchase Details

Closed on
Jul 13, 2012
Sold by
Kay Melissa and Barfield Melissa
Bought by
Kay Rance

Purchase Details

Closed on
Aug 1, 2011
Sold by
Kay Rance
Bought by
Barfield Melissa

Purchase Details

Closed on
Nov 18, 2008
Sold by
Fabian Dinkins Construction Inc
Bought by
Kay Rance

Purchase Details

Closed on
Jan 6, 2006
Sold by
J & B Developers Inc
Bought by
Fabian Construction Inc
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
Lazy Dog Revocable Living Trust $100 None Listed On Document
Morrison Bryan $399,000 None Listed On Document
Kay Rance -- None Available
Kay Rance -- None Available
Barfield Melissa -- None Available
Kay Rance $359,400 Affiliated Title Of Marion C
Fabian Construction Inc $45,000 Affiliated Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/26/2023 09/26/23 Sold $399,000 0.0% $147 / Sq Ft
09/04/2023 09/04/23 Pending -- -- --
08/30/2023 08/30/23 Price Changed $399,000 -4.8% $147 / Sq Ft
08/18/2023 08/18/23 Price Changed $419,000 0.0% $155 / Sq Ft
08/18/2023 08/18/23 For Sale $419,000 +5.0% $155 / Sq Ft
08/07/2023 08/07/23 Off Market $399,000 -- --
07/30/2023 07/30/23 Price Changed $424,500 0.0% $157 / Sq Ft
07/30/2023 07/30/23 For Sale $424,500 +6.4% $157 / Sq Ft
07/19/2023 07/19/23 Off Market $399,000 -- --
07/17/2023 07/17/23 For Sale $425,000 0.0% $157 / Sq Ft
07/06/2023 07/06/23 Pending -- -- --
06/08/2023 06/08/23 Price Changed $425,000 -2.9% $157 / Sq Ft
06/04/2023 06/04/23 Price Changed $437,500 +2.3% $162 / Sq Ft
05/06/2023 05/06/23 For Sale $427,500 +7.1% $158 / Sq Ft
03/31/2023 03/31/23 Off Market $399,000 -- --
03/24/2023 03/24/23 Price Changed $420,000 0.0% $155 / Sq Ft
03/24/2023 03/24/23 For Sale $420,000 -10.6% $155 / Sq Ft
03/19/2023 03/19/23 Off Market $470,000 -- --
03/09/2023 03/09/23 For Sale $470,000 0.0% $174 / Sq Ft
03/07/2022 03/07/22 Off Market $2,000 -- --
03/07/2022 03/07/22 Off Market $2,000 -- --
07/21/2016 07/21/16 Rented $2,000 0.0% --
07/05/2016 07/05/16 Rented $2,000 -9.1% --
07/05/2016 07/05/16 For Rent $2,200 +10.0% --
05/13/2015 05/13/15 Rented $2,000 -4.8% --
04/13/2015 04/13/15 Under Contract -- -- --
04/10/2015 04/10/15 For Rent $2,100 -- --
Source: Stellar MLS

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 $3,220 $202,673 -- --
2024 $3,170 $196,961 -- --
2023 $7,553 $372,581 $0 $0
2022 $6,705 $338,710 $0 $0
2021 $6,038 $307,918 $26,000 $281,918
2020 $5,391 $294,834 $26,000 $268,834
2019 $5,303 $287,245 $26,000 $261,245
2018 $4,964 $273,165 $25,500 $247,665
2017 $4,921 $266,415 $26,000 $240,415
2016 $4,779 $255,581 $0 $0
2015 $4,522 $238,091 $0 $0
2014 $3,998 $226,174 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2023

    Rance Kay

    CENTRAL FLORIDA REALTY

    (352) 694-1300

    2 in this area

    20 Total Sales

    Rance Kay
    Section Image
  • Taylor Farris

    Buyer's Agent in 2023

    Taylor Farris

    CROWN & GLORY REALTY INC

    (812) 230-4064

    7 in this area

    40 Total Sales

    Taylor Farris
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM654330

Stellar MLS

APN: 29732-001-21

Florida Marion County Ocala 34480 Silver Spring Shores

2731 SE 48th Ave, 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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