NOT LISTED FOR SALE

40 Redwood Trace Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $214,000 - $262,000

3 Beds
2 Baths
1,150 Sq Ft
$201/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $138,500 $120 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $1,459/month

About This Home

As of May 2018

Lovely 3 bedroom 2 bath home with attached 2 car garage. Enjoy swimming and playing in this private backyard! It has a lovely in-ground swimming pool which is also fenced. Ideal for family and entertaining.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2018
Closed on
May 31, 2018
Sold by
Hanlon Eleanor P
Bought by
Sabajo Graciano Elvis and Sabajo Nandanie
Seller's Agent
Vicky Morrison
BRICKS & MORTAR REAL ESTATE
Buyer's Agent
Vicky Morrison
BRICKS & MORTAR REAL ESTATE
Sold Price
$1,250
Current Estimated Value
$231,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,034
Avg. Annual Appreciation
7.64%
Original Mortgage
$110,800
Outstanding Balance
$96,617
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$135,772

Purchase Details

Listed on
Jun 27, 2016
Closed on
Aug 19, 2016
Sold by
Mack John R and Mack Karen S
Bought by
Hanlon Eleanor P
Seller's Agent
Audrey Johns
RE/MAX FOXFIRE - HWY 40
Buyer's Agent
Debra Mager
BERKSHIRE HATHAWAY HS FLORIDA
List Price
$89,900
Sold Price
$92,400
Premium/Discount to List
$2,500
2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.53%
Original Mortgage
$89,628
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2005
Sold by
Kluge Frederick W and Kluge Douglas W
Bought by
Mack John R and Mack Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.69%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 4, 2005
Sold by
Stephens Patricia A and Stephens Roy F
Bought by
Kluge Douglas W and Kluge Frederick W

Purchase Details

Closed on
Mar 2, 2005
Sold by
Stephens Patricia A and Stephens Roy F
Bought by
Stephens Patricia A and Davis Patricia A

Purchase Details

Closed on
Feb 1, 2005
Sold by
Stephens Patricia A and Workman Travis James
Bought by
Stephens Patricia A

Purchase Details

Closed on
May 31, 2002
Sold by
Stephens Patricia A and Davis Patricia A
Bought by
Stephens Patricia A and Workman Travis James
Source: Public Records

Range of Values:

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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
Sabajo Graciano Elvis $138,500 Ocala Land Title Ins Agcy Lt
Hanlon Eleanor P $92,400 Ocala Land Title Ins Agency
Mack John R $139,900 Brick City Title Ins Co Inc
Kluge Douglas W $85,000 Brick City Title Ins Co Inc
Stephens Patricia A -- Brick City Title Ins Co Inc
Stephens Patricia A $26,200 --
Stephens Patricia A $27,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sabajo Graciano Elvis $110,800
Previous Owner Hanlon Eleanor P $89,628
Previous Owner Mack John R $82,600
Previous Owner Mack John R $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Off Market $1,250 -- --
06/15/2018 06/15/18 Rented $1,250 0.0% --
06/04/2018 06/04/18 Under Contract -- -- --
06/01/2018 06/01/18 For Rent $1,250 0.0% --
05/31/2018 05/31/18 Sold $138,500 0.0% $120 / Sq Ft
03/20/2018 03/20/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $138,500 +49.9% $120 / Sq Ft
08/19/2016 08/19/16 Sold $92,400 +2.8% $80 / Sq Ft
07/08/2016 07/08/16 Pending -- -- --
06/27/2016 06/27/16 For Sale $89,900 -- $78 / Sq Ft

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 $2,782 $139,748 $0 $0
2022 $2,447 $123,281 $0 $0
2021 $2,194 $113,095 $11,000 $102,095
2020 $2,034 $102,125 $9,000 $93,125
2019 $1,896 $92,623 $9,500 $83,123
2018 $1,102 $85,722 $0 $0
2017 $1,082 $83,959 $5,200 $78,759
2016 $805 $59,090 $0 $0
2015 $804 $58,679 $0 $0
2014 $772 $58,213 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debra Mager

    Seller's Agent in 2018

    Debra Mager

    BERKSHIRE HATHAWAY HS FLORIDA

    (352) 497-5294

    6 in this area

    58 Total Sales

    Debra Mager
    Section Image
  • Vicky Morrison

    Seller's Agent in 2018

    Vicky Morrison

    BRICKS & MORTAR REAL ESTATE

    2 in this area

    52 Total Sales

    Vicky Morrison
    Section Image
  • Audrey Johns

    Seller's Agent in 2016

    Audrey Johns

    RE/MAX FOXFIRE - HWY 40

    (352) 812-6767

    14 in this area

    46 Total Sales

    Audrey Johns
    Section Image
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Map

Florida Marion County Ocala 34472 Silver Spring Shores

40 Redwood Trace, Ocala, FL

This home is located at 40 Redwood Trace, Ocala, FL 34472 and is currently estimated at $231,284, approximately $201 per square foot. 40 Redwood Trace is a home located in Marion County with nearby schools including Greenway 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.

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