NOT LISTED FOR SALE

Estimated Value: $197,000 - $205,000

2 Beds
2 Baths
1,194 Sq Ft
$168/Sq Ft Est. Value

Sale Details

Date Sold: March 27, 2026

Last sale price $205,000 $172 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $1,336 / mo

7 Days on Market

Highlights

  • Fitness Center
  • 1 Car Attached Garage
  • Living Room
  • No HOA
  • Walk-In Closet
  • Community Playground

About This Home

As of March 2026

Very well maintained 2 bedroom 2 bath home with 1 car garage. This home has had everything done for you. Many upgrades including NEW Gutters with leaf guard system in 2025, NEW ROOF in 2024, NEW HVAC in 2022, Brand new front windows in 2021, new stainless refrigerator in 2022 and new stainless dishwasher in 2025. NEW garbage disposal in 2024. New interior paint in 2024 plus newer water heater in 2016. The garage is also under heat and air. Seller also has $1500 in new flooring material for the living and dining room plus a portable 3600 watt dual gas and propane generator that could be available. Nice screened porches on both the front and back of home. Large fenced in backyard to enjoy. Beautiful Oak trees for shade. This great home is also less than a mile from the Shores County Club and Golf course as well as the Silver Springs Shores Community Center with 2 pools on a very fishable lake. The community center is already in your taxes and they have continual events throughout the year for both adults, seniors, and children. Great home for a young couple or retirees. This home qualifies for all financing including USDA. And the icing on the cake, Seller is offering $5000 towards Buyers Cloing costs with full price offer.

Last Agent to Sell the Property

Roger Kappel

HOMERUN REALTY Brokerage Phone: 352-624-0935 License #3164237 Listed on: 02/18/2026

HOMERUN REALTY

Last Buyer's Agent

Caren Barnes

NEXT GENERATION REALTY OF MARION COUNTY License #3506914

NEXT GENERATION REALTY OF MARION COUNTY

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,793

Year Built

  • Built in 1978

Lot Details

  • 12,632 Sq Ft Lot
  • West Facing Home
  • Landscaped with Trees
  • Property is zoned R1

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Slab Foundation
  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,194 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Luxury Vinyl Tile Flooring
  • Laundry in Garage

Kitchen

  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Silver Spgs Un 43 Subdivision

Recreation

  • Community Playground
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,793

Year Built

Built in 1978

Lot Details

0.29 Acres

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco, Frame
  • Fireplace: No
  • Living Area: 1194
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 1863
  • Lot Size Sq Ft: 12632
  • Status: Sold
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 173.08
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 171.69
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 352-624-0935
  • Tax Year: 2025
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Exhaust Fan, Freezer, Microwave, Range, Touchless Faucet
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Other Equipment: None
  • Living Area Meters: 110.93

Exterior Features

  • Direction Faces: West
  • Exterior Features: None
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12083C0755D

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness Center, Playground
  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R1
  • Parcel Number: 9043-1364-03
  • Additional Parcels: No
  • Lot Features: Landscaped
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 2793
  • Tax Block: 1364
  • Tax Book Number: J-327SILVER
  • Tax Lot: 3

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 18, 2026
Closed on
Mar 27, 2026
Sold by
Formato Theresa
Bought by
Seller's Agent
Roger Kappel
HOMERUN REALTY
Buyer's Agent
Caren Barnes
NEXT GENERATION REALTY OF MARION COUNTY
List Price
$205,000
Sold Price
$205,000
Views
2
Current Estimated Value
$200,998

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,002
Avg. Annual Appreciation
-4.69%
Original Mortgage
$183,150
Outstanding Balance
$182,559
Interest Rate
5.62%
Mortgage Type
FHA
Estimated Equity
$18,439

Purchase Details

Closed on
Mar 30, 2021
Sold by
Brakeman Robert E and Brakeman Virginia E
Bought by
Formato Theresa C

Purchase Details

Listed on
Jan 7, 2017
Closed on
Feb 22, 2017
Sold by
Bailey Carl T and Bailey Deborah
Bought by
Formato Ethel Jane and Brakeman Robert E
Seller's Agent
Michelle Dinkins-Buck
FL HOME SALES & DEV
List Price
$83,800
Sold Price
$82,500
Premium/Discount to List
-$1,300
-1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.83%
Original Mortgage
$81,005
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 7, 2014
Closed on
Apr 23, 2014
Sold by
Jpmorgan Chase Bank National Association
Bought by
Bailey Carl T and Bailey Deborah
Buyer's Agent
Michelle Dinkins-Buck
FL HOME SALES & DEV
List Price
$36,500
Sold Price
$36,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
33.53%

Purchase Details

Listed on
Apr 7, 2014
Closed on
Mar 25, 2014
Sold by
Ryan William T
Bought by
Jpmorgan Chase Bank National Association
Buyer's Agent
Michelle Dinkins-Buck
FL HOME SALES & DEV
List Price
$36,500
Sold Price
$36,500

Purchase Details

Closed on
Dec 2, 2011
Sold by
A Man Investments Llc
Bought by
Ryan William T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,632
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2011
Sold by
Rodgers Pamela
Bought by
A Man Investments Llc

Purchase Details

Closed on
Jan 14, 2004
Sold by
Johnson Christopher C
Bought by
Rodgers Pamela
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Silver Spring Shores, FL

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$205,000 Stewart Title Company
Formato Theresa C $2,000 Accommodation
Formato Ethel Jane $82,500 1St Quality Title Llc
Bailey Carl T $36,500 All American Land Title Insu
Jpmorgan Chase Bank National Association -- Attorney
Ryan William T $80,000 Accu Title Agency
A Man Investments Llc $35,000 Brick City Title Insurance A
Rodgers Pamela $50,000 Associated Land Title Insura
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $183,150
Previous Owner Formato Theresa C $71,225
Previous Owner Formato Ethel Jane $81,005
Previous Owner Ryan William T $81,632
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2026 03/27/26 Sold $205,000 0.0% $172 / Sq Ft
02/25/2026 02/25/26 Pending -- -- --
02/18/2026 02/18/26 For Sale $205,000 +148.5% $172 / Sq Ft
02/22/2017 02/22/17 Sold $82,500 -1.6% $53 / Sq Ft View Prior Sale
01/19/2017 01/19/17 Pending -- -- --
01/07/2017 01/07/17 For Sale $83,800 +129.6% $53 / Sq Ft
04/28/2014 04/28/14 Sold $36,500 0.0% $31 / Sq Ft View Prior Sale
04/22/2014 04/22/14 Pending -- -- --
04/07/2014 04/07/14 For Sale $36,500 -- $31 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,793 $168,335
2024 $2,532 $163,591 $25,000 $138,591
2023 $352 $66,552 $0 $0
2022 $908 $64,614 $0 $0
2021 $352 $62,732 $0 $0
2020 $352 $61,866 $0 $0
2019 $352 $60,475 $0 $0
2018 $346 $59,347 $4,000 $55,347
2017 $1,459 $58,292 $4,000 $54,292
2016 $739 $46,433 $0 $0
2015 $732 $46,110 $0 $0
2014 $555 $38,152 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM719092

Stellar MLS

APN: 9043-1364-03

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