NOT LISTED FOR SALE

3123 SE 42nd Terrace Ocala, FL 34480

Silver Spring Shores Neighborhood

Estimated Value: $343,815 - $390,000

4 Beds
2 Baths
2,169 Sq Ft
$167/Sq Ft Est. Value

Last Sold July 22, 2020

Last sale price $245,000 $113 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,260/month

8 Days on Market

Highlights

  • High Ceiling
  • Family Room Off Kitchen
  • Eat-In Kitchen
  • Forest High School Rated A-
  • 2 Car Attached Garage
  • Tray Ceiling

About This Home

As of July 2020

This stunning split floor plan is a true beauty located in the desirable and gated community of Magnolia Pointe in SE Ocala. As you enter the home you have the formal dining room to your right and the additional living space to your left -- which is ideal for a separate play room, man cave or office. Continue on into the living room which lead out to the large covered lanai after exiting the french doors. Both the master bedroom and guest room also offer access to the lanai which is perfect for outdoor activities or that future pool. The fenced in backyard is a paradise and also ideal for those family cookouts.

Last Agent to Sell the Property

Amber Nardino

EXP REALTY LLC License #3376407 Listed on: 06/13/2020

EXP REALTY LLC

Last Buyer's Agent

Nichole Roberts

ALL FLORIDA HOMES REALTY LLC License #3145616

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,574

Year Built

  • Built in 2017

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 97x149
  • West Facing Home
  • Fenced
  • Irrigation
  • Property is zoned R1A

HOA Fees

  • $65 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 2,169 Sq Ft Home
  • 1-Story Property
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • French Doors
  • Family Room Off Kitchen

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Utilities

  • Central Heating and Cooling System
  • Thermostat

Community Details

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,574

Year Built

Built in 2017

Lot Details

0

HOA Fees

$65 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 2169
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 2017
  • Lot Size Sq Ft: 14375
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM604746?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM604746?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.92453
  • Price per Sq Ft: 112.96
  • Close to Original List Price Ratio: 0.92453
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Split Bedroom, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Exterior Features: Fenced, French Doors, Irrigation System, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • 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: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 65
  • Association Fee Frequency: Monthly
  • Association Name: Leland Management
  • Phone: 352 620-0101
  • Association: Yes
  • Senior Community: No
  • Association Website: https://www.lelandmanagement.com
  • Association Email: info@lelandmanagement.com
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 780
  • Monthly HOA Fee: 65
  • Total Monthly Fees: 65

Lot Info

  • Zoning: R1A
  • Parcel Number: 29736-005-14
  • Additional Parcels: No
  • Lot Dimensions: 97x149
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 2573.74
  • Tax Block: E
  • Tax Book Number: 8-159
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2020
Closed on
Jul 22, 2020
Sold by
Kreienbrink Derek N and Kreienbrink April
Bought by
Jackson Glenn and Jackson Jennifer Annmarie
Seller's Agent
Amber Nardino
EXP REALTY LLC
Buyer's Agent
Nichole Roberts
ALL FLORIDA HOMES REALTY LLC
List Price
$265,000
Sold Price
$245,000
Premium/Discount to List
-$20,000
-7.55%
Current Estimated Value
$361,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,454
Avg. Annual Appreciation
7.66%
Original Mortgage
$228,000
Outstanding Balance
$202,175
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$159,279

Purchase Details

Closed on
Jan 31, 2017
Sold by
Adams Homes Of Northwest Florida Inc
Bought by
Kreienbrink Derek N and Kreienbrink April

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,263
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 30, 2016
Sold by
Benge Jrq Tony M
Bought by
Adams Homes Of Northwest Florida Inc
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
Jackson Glenn $245,000 Celebration Title Group
Kreienbrink Derek N $189,700 None Available
Adams Homes Of Northwest Florida Inc $17,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jackson Glenn $228,000
Previous Owner Kreienbrink Derek N $186,263
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2020 07/22/20 Sold $245,000 -7.5% $113 / Sq Ft
06/19/2020 06/19/20 Pending -- -- --
06/11/2020 06/11/20 For Sale $265,000 -- $122 / 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
2024 $3,516 $221,952 -- --
2023 $3,425 $215,487 $0 $0
2022 $3,168 $209,211 $0 $0
2021 $3,348 $203,117 $26,000 $177,117
2020 $2,622 $183,804 $0 $0
2019 $2,574 $179,672 $0 $0
2018 $2,479 $176,322 $15,000 $161,322
2017 $277 $15,000 $15,000 $0
2016 $187 $10,000 $0 $0
2015 $190 $10,000 $0 $0
2014 $177 $10,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Amber Nardino

    Seller's Agent in 2020

    Amber Nardino

    EXP REALTY LLC

    (850) 843-2739

    19 in this area

    109 Total Sales

    Amber Nardino
    Section Image
  • Nichole Roberts

    Buyer's Agent in 2020

    Nichole Roberts

    ALL FLORIDA HOMES REALTY LLC

    (352) 239-2485

    44 in this area

    431 Total Sales

    Nichole Roberts
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM604746

Stellar MLS

APN: 29736-005-14

Florida Marion County Ocala 34480 Silver Spring Shores

3123 SE 42nd Terrace, Ocala, FL

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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