NOT LISTED FOR SALE

40 Cedar Tree Dr Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $243,000 - $263,000

3 Beds
2 Baths
1,473 Sq Ft
$174/Sq Ft Est. Value

Last Sold September 16, 2022

Last sale price $275,000 $187 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $1,606/month

17 Days on Market

Highlights

  • Under Construction
  • Cathedral Ceiling
  • No HOA
  • Open Floorplan
  • Stone Countertops
  • 2 Car Attached Garage

About This Home

As of September 2022

One or more photo(s) has been virtually staged. Under Construction. Brand new construction awaits your occupancy! The super operative floor plan of the Richmond B gives way to total functionality and practicality fit for modern day living. Optimum garage space, open living and split bedroom concept make for ideal arrangement whether it be for the first time home buyer or those looking to downsize and obtain a more utilitarian type of living. Stainless appliances, granite countertops throughout and vinyl plank flooring all come standard in addition to a spacious lanai space perfect for gatherings or late night hangs. Don’t wait to secure your new lifestyle in Florida’s most sought after living space! 1 year builder’s warranty.

Last Agent to Sell the Property

Steven Billington

EXP REALTY LLC License #3422778 Listed on: 07/19/2022

EXP REALTY LLC

Last Buyer's Agent

James Arauz

REALTY EXECUTIVES MID FLORIDA License #3175159

REALTY EXECUTIVES MID FLORIDA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $178

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x125
  • Southeast Facing Home
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,473 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Well
  • Electric Water Heater
  • Septic Tank
  • Phone Available

Community Details

  • No Home Owners Association
  • Built by Mark Norman Construction
  • Silver Spgs Shores Subdivision, Richmond B Floorplan

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$178

Year Built

Built in 2022 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1473
  • Lot Size Acres: 0.23
  • New Construction: Yes
  • Year Built: 2022
  • Lot Size Sq Ft: 10019
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM642911?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM642911?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Projected Completion Date: 2022-09-01T04:00:00.000Z
  • Ratio: Close Price\List Price: 1.00036
  • Price per Sq Ft: 186.69
  • Close to Original List Price Ratio: 0.96525
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Room Count: 3
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Number Of Wells: 1
  • 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 Connected, Phone Available, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Public Remarks Required: Under Construction.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R1
  • Parcel Number: 9009-0068-26
  • Additional Parcels: No
  • Lot Dimensions: 80x125
  • Flood Zone Code: X
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Mark Norman Construction

Tax Info

  • Tax Annual Amount: 177.79
  • Tax Block: 68
  • Tax Book Number: J-083
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2022
Closed on
Sep 16, 2022
Sold by
Transcending Acquisitions Llc
Bought by
Castro Jesus Alberto Lope and Pabon Cristal Marie
Seller's Agent
Steven Billington
EXP REALTY LLC
Buyer's Agent
James Arauz
REALTY EXECUTIVES MID FLORIDA
List Price
$284,900
Sold Price
$275,000
Premium/Discount to List
-$9,900
-3.47%
Views
7
Current Estimated Value
$256,799

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,201
Avg. Annual Appreciation
-2.07%
Original Mortgage
$280,808
Outstanding Balance
$268,214
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
-$11,415

Purchase Details

Closed on
Apr 16, 2021
Sold by
Barrow Cheryl A and Barrow Valotta
Bought by
Transcending Acquisitions Llc
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
Castro Jesus Alberto Lope $275,000 Brick City Title Insurance Age
Transcending Acquisitions Llc $11,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Jesus Alberto Lope $280,808
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2022 09/16/22 Sold $275,000 0.0% $187 / Sq Ft
08/06/2022 08/06/22 Pending -- -- --
08/05/2022 08/05/22 Price Changed $274,900 -1.8% $187 / Sq Ft
07/27/2022 07/27/22 Price Changed $279,900 -1.8% $190 / Sq Ft
07/19/2022 07/19/22 For Sale $284,900 -- $193 / 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 $3,114 $216,675 -- --
2023 $3,037 $210,364 $0 $0
2022 $486 $14,000 $14,000 $0
2021 $178 $8,000 $8,000 $0
2020 $163 $6,500 $6,500 $0
2019 $159 $6,500 $6,500 $0
2018 $145 $5,500 $5,500 $0
2017 $142 $5,500 $5,500 $0
2016 $136 $3,740 $0 $0
2015 $122 $3,400 $0 $0
2014 $118 $3,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steven Billington

    Seller's Agent in 2022

    Steven Billington

    EXP REALTY LLC

    (352) 598-0847

    37 in this area

    207 Total Sales

    Steven Billington
    Section Image

  • J

    Buyer's Agent in 2022

    James Arauz

    REALTY EXECUTIVES MID FLORIDA

    (352) 216-0236

    2 in this area

    32 Total Sales

    James Arauz
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM642911

Stellar MLS

APN: 9009-0068-26

Florida Marion County Ocala 34472 Silver Spring Shores

40 Cedar Tree Dr, Ocala, FL

Not Listed for Sale

Detached

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