NOT LISTED FOR SALE

48 Cedar Tree Dr Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $160,000 - $176,000

2 Beds
1.5 Baths
952 Sq Ft
$175/Sq Ft Est. Value

Last Sold June 20, 2016

Last sale price $47,500 $50 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $956/month

55 Days on Market

Highlights

  • Race Track
  • 1 Car Attached Garage
  • Landscaped with Trees
  • No HOA
  • Patio
  • Central Air

About This Home

As of June 2016

WOW!!!! THIS WON'T LAST, MOVE QUICK! 2/1/1 Home in Silver Springs Shores. Home is located in a cul-de-sac so you will not have a lot of pass thru traffic. Oversized .34 acre lot with no homes close behind the house, see aerial photo. Solid concrete block construction with stone accents on the front of the home. Covered front porch and open back porch. Landscaped yard. Great location! Walking distance to shopping (Heather Island Plaza, Wal Mart, CVS, Walgreens,ect), dining, banking, and much more. Well established and growing area. Great investment!

Last Agent to Sell the Property

Steve Weitlauf

HOMERUN REALTY License #645183 Listed on: 03/01/2016

HOMERUN REALTY

Last Buyer's Agent

Suzanne Wigginton

HOMERUN REALTY License #0692568

HOMERUN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $913

Year Built

  • Built in 1990

Lot Details

  • 0.34 Acre Lot
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned R-1 Single Family Dwellin

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 952 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms

Schools

  • Legacy Elementary School
  • Lake Weir Middle School
  • Lake Weir High School

Utilities

  • Central Air
  • Heating Available
  • Well
  • Cable TV Available

Additional Features

  • Patio
  • Race Track

Community Details

  • No Home Owners Association
  • Slvr Spgs Sh S Subdivision

Listing and Financial Details

  • Property Available on 3/1/16
  • Legal Lot and Block 22 / 68
  • Assessor Parcel Number 9009-0068-22

Home Details

Home Type

Single Family

Est. Annual Taxes

$913

Year Built

Built in 1990

Lot Details

0

Parking

1

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 952
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1990
  • Building Area Total: 1340
  • Lot Size Sq Ft: 14810
  • Status: Sold
  • RATIO Current Price By Calculate: 49.89
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Barn Features: None
  • Number Of Paddocks Pastures: 0
  • Number Of Stalls: 0
  • Last Date Available: 2016-09-19T00:00:00.000
  • Tax Year: 2018
  • Special Features: 1088

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Appliances Included: Other
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Patio
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Legacy Elementary School
  • High School: Lake Weir High School
  • Middle Or Junior School: Lake Weir Middle School

Lot Info

  • Zoning: R-1 Single Family Dwellin
  • Parcel Number: 9009-0068-22
  • Additional Parcels: No
  • Lot Features: Cleared, In County, Paved
  • Horse Amenities: None, Race Track

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2016-03-01
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 912.99
  • Tax Block: 68
  • Tax Book Number: J-083
  • Tax Lot: 22

Multi Family

  • Total Num Buildings: 0
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2016
Closed on
Jun 20, 2016
Sold by
Wells Fargo Bank Na
Bought by
Molden William
Seller's Agent
Steve Weitlauf
HOMERUN REALTY
Buyer's Agent
Suzanne Wigginton
HOMERUN REALTY
List Price
$41,000
Sold Price
$47,500
Premium/Discount to List
$6,500
15.85%
Current Estimated Value
$166,846

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,346
Avg. Annual Appreciation
14.01%

Purchase Details

Closed on
Dec 15, 2015
Sold by
Puran Chetram
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 22, 2004
Sold by
Hughes Robert L
Bought by
Puran Chetram and Puran Bibi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,600
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 5, 2004
Sold by
Vangunten Roger
Bought by
Hughes Robert L
Source: Public Records
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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
Molden William $47,500 None Available
Wells Fargo Bank Na $20,100 None Available
Puran Chetram $69,500 Brick City Title Ins Co Inc
Hughes Robert L $56,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Puran Chetram $55,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2016 06/20/16 Sold $47,500 +15.9% $50 / Sq Ft
04/26/2016 04/26/16 Pending -- -- --
03/01/2016 03/01/16 For Sale $41,000 -- $43 / 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
2025 $1,011 $60,050 -- --
2024 $795 $58,358 -- --
2023 $788 $56,658 $0 $0
2022 $780 $55,008 $0 $0
2021 $785 $53,406 $0 $0
2020 $783 $52,669 $0 $0
2019 $778 $51,261 $0 $0
2018 $750 $50,305 $0 $0
2017 $737 $49,270 $5,500 $43,770
2016 $1,023 $42,804 $0 $0
2015 $951 $37,663 $0 $0
2014 $879 $34,239 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Weitlauf

    Seller's Agent in 2016

    Steve Weitlauf

    HOMERUN REALTY

    (352) 425-3455

    7 in this area

    67 Total Sales

    Steve Weitlauf
    Section Image

  • S

    Buyer's Agent in 2016

    Suzanne Wigginton

    HOMERUN REALTY

    (352) 875-3594

    2 Total Sales

    Suzanne Wigginton
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM439814

Stellar MLS

APN: 9009-0068-22

Florida Marion County Ocala 34472 Silver Spring Shores

48 Cedar Tree Dr, Ocala, FL

Not Listed for Sale

Detached

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