NOT LISTED FOR SALE

3518 SE 47th Terrace Ocala, FL 34480

Silver Spring Shores Neighborhood

Estimated Value: $442,422 - $534,000

4 Beds
3 Baths
2,342 Sq Ft
$208/Sq Ft Est. Value

Last Sold August 02, 2022

Last sale price $440,000 $188 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $3,231/month

19 Days on Market

Highlights

  • 3 Car Attached Garage
  • Smart Home
  • Central Heating and Cooling System
  • Forest High School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

As of August 2022

Get ready for easy living in this DR Horton built SMART HOME on 1/2 acre. Convenient to the entrance of the neighborhood, this house is only 2 years old and it has upgrades galore including ceiling fans, light fixtures, luxury vinyl plank, and privacy fence. Everyone will have plenty of space since there are 4 bedrooms and 3 bathrooms. Prepare feasts with ease in the huge kitchen, while being able to visit with family or guests sitting at the bar or relaxing in the spacious open concept living and dining room. Huge garage with 2 doors and the owner's added a utility sink useful in so many ways. You can't beat this location, great schools, close to shopping, restaurants. Make it your new home!

Last Agent to Sell the Property

Jana Faulkner

NEXT GENERATION REALTY OF MARION COUNTY License #3498243 Listed on: 06/09/2022

Last Buyer's Agent

Steph Burns

PROFESSIONAL REALTY OF OCALA License #3482608

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,573

Year Built

  • Built in 2020

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 156x139
  • East Facing Home
  • Property is zoned R1A

HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

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

Interior Spaces

  • 2,342 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Smart Home

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Maplewood Elementary School
  • Osceola Middle School
  • Forest High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • Stephanie Mallary Association, Phone Number (407) 775-4351
  • Leland Management/Stephanie Mallary Association, Phone Number (407) 775-4351
  • Magnolia Manor Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,573

Year Built

Built in 2020

Lot Details

0

HOA Fees

$134 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2342
  • Lot Size Acres: 0.5
  • New Construction: No
  • Year Built: 2020
  • Lot Size Sq Ft: 21780
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM640511?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM640511?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95652
  • Price per Sq Ft: 187.87
  • Close to Original List Price Ratio: 0.92632
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Other, Smart Home
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • 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: 3
  • Garage Yn: Yes
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Phone 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: 67
  • Association Fee Frequency: Monthly
  • Association Name: Stephanie Mallary
  • Phone: 407-775-4351
  • Association: Yes
  • Senior Community: No
  • Association Email: smallary@lelandmanagement.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No
  • Association #2 Fee: 67
  • Association #2 Fee Frequency: Monthly
  • Association: Leland Management/Stephanie Mallary
  • Association Phone #2: 407-775-4351

Fee Information

  • Total Annual Fees: 804
  • Monthly HOA Fee: 67
  • Total Monthly Fees: 67

Schools

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

Lot Info

  • Zoning: R1A
  • Parcel Number: 29730-001-36
  • Additional Parcels: No
  • Lot Dimensions: 156x139
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Please check with HOA Management company to confirm and with any leasing questions

Tax Info

  • Tax Annual Amount: 4573.1
  • Tax Block: A
  • Tax Book Number: 9-029
  • Tax Lot: 36

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2022
Closed on
Aug 2, 2022
Sold by
Moss Saucer Jennifer and Moss Byron Michael
Bought by
Malik Seemab and Ghauri Hassan
Seller's Agent
Jana Faulkner
NEXT GENERATION REALTY OF MARION COUNTY
Buyer's Agent
Steph Burns
PROFESSIONAL REALTY OF OCALA
List Price
$475,000
Sold Price
$440,000
Premium/Discount to List
-$35,000
-7.37%
Current Estimated Value
$486,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,106
Avg. Annual Appreciation
3.12%
Original Mortgage
$352,000
Outstanding Balance
$337,316
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$148,790

Purchase Details

Listed on
Oct 11, 2019
Closed on
Jan 29, 2020
Sold by
D R Horton Inc
Bought by
Saucer Jennifer Moss and Saucer Michael Byron
List Price
$290,895
Sold Price
$286,695
Premium/Discount to List
-$4,200
-1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.61%
Original Mortgage
$281,501
Interest Rate
3.7%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Malik Seemab $440,000 Marion Lake Sumter Title
Saucer Jennifer Moss $286,695 Dhi Title Of Florida Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malik Seemab $352,000
Previous Owner Saucer Jennifer Moss $281,501
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2022 08/02/22 Sold $440,000 -4.3% $188 / Sq Ft
06/16/2022 06/16/22 Price Changed $460,000 -3.2% $196 / Sq Ft
06/09/2022 06/09/22 For Sale $475,000 +65.7% $203 / Sq Ft
05/09/2020 05/09/20 Off Market $286,695 -- --
01/29/2020 01/29/20 Sold $286,695 -1.4% $121 / Sq Ft View Prior Sale
12/05/2019 12/05/19 Pending -- -- --
10/11/2019 10/11/19 For Sale $290,895 -- $123 / 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 $6,475 $391,913 -- --
2023 $6,317 $380,498 $33,600 $346,898
2022 $4,392 $278,705 $0 $0
2021 $4,573 $270,587 $27,200 $243,387
2020 $439 $24,000 $24,000 $0
2019 $517 $28,000 $28,000 $0
2018 $509 $28,000 $28,000 $0
2017 $517 $28,000 $28,000 $0
2016 $524 $28,000 $0 $0
2015 $532 $28,000 $0 $0
2014 $495 $28,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jana Faulkner

    Seller's Agent in 2022

    Jana Faulkner

    NEXT GENERATION REALTY OF MARION COUNTY

    (352) 208-4898

    4 in this area

    34 Total Sales

    Jana Faulkner
    Section Image
  • Steph Burns

    Buyer's Agent in 2022

    Steph Burns

    PROFESSIONAL REALTY OF OCALA

    (352) 426-0379

    21 in this area

    164 Total Sales

    Steph Burns
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM640511

Stellar MLS

APN: 29730-001-36

Florida Marion County Ocala 34480 Silver Spring Shores

3518 SE 47th 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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