NOT LISTED FOR SALE

488 Lake Rd Unit 1 Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $176,000 - $207,000

3 Beds
2 Baths
1,560 Sq Ft
$127/Sq Ft Est. Value

Last Sold April 21, 2021

Last sale price $146,500 $94 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $1,365/month

15 Days on Market

Highlights

  • Corner Lot
  • Central Air
  • West Facing Home
  • Ceramic Tile Flooring
  • Ceiling Fan
  • Heating Available

About This Home

As of April 2021

Come tour this 3 Bed/ 2 Bath beautiful and well maintained home ready for immediate occupancy in The Silver Springs Shores area. Located on a corner lot, in a non HOA, non-age restricted area and walking distance to the main road, this home is just minutes away from major shopping centers, restaurants, etc. Large windows for daylight; tile/wood vinyl in living, dining, family, and kitchen. Clean carpet in the all bedrooms to maintain your comfort. Large Living Dinning combination open to a spacious kitchen. Inside laundry hook available for your convenience. Large Covered carport and an outside storage room for your garden equipment and/or hobbies. Seller says AC unit was installed six months ago and heating system in 2020. Come and call this place home and start building memories!

Last Agent to Sell the Property

Rose St.Paul Aleandre

ZENITH HOMES CENTER LLC License #3155656 Listed on: 02/15/2021

Last Buyer's Agent

Jay DeFalco

EXP REALTY LLC License #3455511

EXP REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,029

Year Built

  • Built in 1977

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 81x125
  • West Facing Home
  • Corner Lot
  • Property is zoned R1

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laundry in Kitchen

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Carport Spaces
  • Driveway

Schools

  • Emerald Shores Elem. Elementary School
  • Lake Weir Middle School
  • Lake Weir High School

Utilities

  • Central Air
  • Heating Available

Community Details

  • Silver Spgs Shores Un #2 Subdivision

Listing and Financial Details

  • Legal Lot and Block 44 / 5
  • Assessor Parcel Number 9002-0005-44

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,029

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Living Area: 1560.00
  • Lot Size Acres: 0.23
  • Year Built: 1977
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM615319?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM615319?w=Customer
  • Lot Size Sq Ft: 10019
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM615319?w=PubMLS
  • Directions to Property: Heading East on State Rte 464 E/SE Maricamp RD, Turn right onto Lake Road, House is on the Corner of Lake Road and Lake Ct.
  • Escrow City: OCALA
  • Escrow Postal Code: 34474
  • Escrow State: FL
  • List Office Head Office Key Nume: 529793856
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 7
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Living Area Meters: 144.93
  • Street Number Modifier: 488

Exterior Features

  • Direction Faces: West
  • Roof: Shingle
  • Flood Zone Code: x
  • Road Surface Type: Paved

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Parking Features: Driveway

Utilities

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

Schools

  • Elementary School: Emerald Shores Elem. School
  • Middle School: Lake Weir Middle School
  • High School: Lake Weir High School
  • Elementary School: Emerald Shores Elem. School
  • High School: Lake Weir High School
  • Middle Or Junior School: Lake Weir Middle School

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: R1
  • Parcel Number: 9002-0005-44
  • Lot Features: Corner Lot
  • Lot Dimensions: 81x125
  • Lot Size Square Meters: 931

Rental Info

  • Minimum Lease: No Rent

Tax Info

  • Tax Annual Amount: 2028.77
  • Tax Block: 5
  • Tax Book Number: J-123,SILVER
  • Tax Lot: 44

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2021
Closed on
Apr 21, 2021
Sold by
Whaley Joan Barrett and Whaley Joan Barrett
Bought by
Hutchinson Tyler and Hutchinson Tyler Steven
Seller's Agent
Rose St.Paul Aleandre
ZENITH HOMES CENTER LLC
Buyer's Agent
Jay DeFalco
EXP REALTY LLC
List Price
$140,000
Sold Price
$146,500
Premium/Discount to List
$6,500
4.64%
Current Estimated Value
$198,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,629
Avg. Annual Appreciation
6.92%
Original Mortgage
$5,128
Outstanding Balance
$4,639
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$193,490

Purchase Details

Closed on
Dec 19, 2016
Sold by
Whaley Joan Barrett and Whaley Joan O
Bought by
Whaley Joan Barrett and The Joan Barrett Whaley Amende
Source: Public Records

Range of Values:

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Average Value
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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
Hutchinson Tyler $146,500 Brick City Ttl Ins Agcy Inc
Whaley Joan Barrett -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hutchinson Tyler $5,128
Open Hutchinson Tyler $143,846
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2021 04/21/21 Sold $146,500 +4.6% $94 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/28/2021 02/28/21 For Sale $140,000 0.0% $90 / Sq Ft
02/18/2021 02/18/21 Pending -- -- --
02/15/2021 02/15/21 For Sale $140,000 -- $90 / 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 $3,820 $186,256 $19,500 $166,756
2023 $3,818 $177,844 $0 $0
2022 $3,395 $161,676 $17,000 $144,676
2021 $2,255 $120,288 $9,000 $111,288
2020 $2,029 $99,818 $8,000 $91,818
2019 $1,792 $76,828 $8,000 $68,828
2018 $1,613 $69,414 $4,000 $65,414
2017 $1,536 $67,672 $4,000 $63,672
2016 $1,389 $53,440 $0 $0
2015 $1,271 $48,582 $0 $0
2014 $1,238 $47,582 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rose St.Paul Aleandre

    ZENITH HOMES CENTER LLC

    (954) 729-4272

    2 in this area

    4 Total Sales

    Rose St.Paul Aleandre
    Section Image

  • J

    Buyer's Agent in 2021

    Jay DeFalco

    EXP REALTY LLC

    (888) 883-8509

    9 in this area

    62 Total Sales

    Jay DeFalco
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM615319

Stellar MLS

APN: 9002-0005-44

Florida Marion County Ocala 34472 Silver Spring Shores

488 Lake Rd Unit 1, Ocala, FL

This home is located at 488 Lake Rd Unit 1, Ocala, FL 34472 since 15 February 2021 and is currently estimated at $198,129, approximately $127 per square foot. This property was built in 1977. 488 Lake Rd Unit 1 is a home located in Marion County with nearby schools including Emerald Shores Elementary School, Lake Weir Middle School, and Lake Weir 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.

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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