NOT LISTED FOR SALE

5 Locust Loop Terrace Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $270,000 - $406,000

3 Beds
2 Baths
1,446 Sq Ft
$219/Sq Ft Est. Value

Last Sold October 30, 2024

Last sale price $279,900 $194 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,712/month

21 Days on Market

Highlights

  • New Construction
  • Main Floor Primary Bedroom
  • No HOA
  • Open Floorplan
  • Granite Countertops
  • 2 Car Attached Garage

About This Home

As of October 2024

Absolutely stunning Brand-New construction home featuring 3 bedrooms and 2 bathrooms centrally located in the Silver Springs Shores community. This split floor plan has all the features you want in a modern home. Open living space centered around the kitchen which showcases Samsung stainless steel appliance suite, large pantry, Majestic White Granite countertops, and tile backsplash. Owners’ suite features trey ceiling, ensuite bathroom with dual sink vanity, walk-in closet, and floor to ceiling tile shower with glass enclosure. Both Guest bedrooms are well sized and share a central bathroom. Don’t forget about the indoor laundry room complete with washer and dryer. Plus, there is plenty of storage throughout. Schedule your private showing today before it’s to late!

Last Agent to Sell the Property

Jason Sirounis

FL PRO BROKERS LLC Brokerage Phone: 407-790-7341 License #3283350 Listed on: 09/13/2024

Last Buyer's Agent

Yvonne Vance

CHARLES RUTENBERG REALTY ORLANDO License #3373582

CHARLES RUTENBERG REALTY ORLANDO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $213

Year Built

  • Built in 2024 | New Construction

Lot Details

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

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,446 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • Double Pane Windows
  • Low Emissivity Windows
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Private Water Closet
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Bedroom

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat
  • 1 Water Well
  • Electric Water Heater
  • 1 Septic Tank
  • Aerobic Septic System
  • Private Sewer
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Silver Spg Shores Un #51 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$213

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1446
  • Lot Size Acres: 0.23
  • New Construction: Yes
  • Year Built: 2024
  • Accessibility Features: Accessible Bedroom
  • Building Area Total: 1956
  • Lot Size Sq Ft: 10019
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Building Area Total Srch Sq M: 181.72
  • Escrow State: FL
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 193.57
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 407-790-7341
  • Tax Year: 2023
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Double Pane Windows, Low Emissivity Windows
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 134.34

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Lighting, Sliding Doors
  • Roof: Shingle
  • Home Warranty: Yes
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Asphalt, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Private
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Electric Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Sewer: Aerobic Septic, Septic Tank
  • Water Source: Private, Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Please confirm all pet restrictions with Marion County.

Fee Information

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

Lot Info

  • Zoning: R1
  • Parcel Number: 9051-1614-05
  • Additional Parcels: No
  • Lot Features: Landscaped, Level, Paved
  • Lot Dimensions: 80x125
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Please confirm all lease restrictions with Marion County.

Tax Info

  • Tax Annual Amount: 213.48
  • Tax Block: 1614
  • Tax Book Number: J-360SILVER
  • Tax Lot: 5

Multi Family

  • Approval Process: Please confirm all lease approval processes with Marion County.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Oct 30, 2024
Sold by
Adelina Homes Inc
Bought by
Hanson Christopher and Richards Sherrina
Seller's Agent
Jason Sirounis
FL PRO BROKERS LLC
Buyer's Agent
Yvonne Vance
CHARLES RUTENBERG REALTY ORLANDO
List Price
$279,900
Sold Price
$279,900
Views
8
Current Estimated Value
$316,903

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$37,003
Avg. Annual Appreciation
11.84%
Original Mortgage
$223,920
Outstanding Balance
$212,884
Interest Rate
5.15%
Mortgage Type
New Conventional
Estimated Equity
$104,019

Purchase Details

Closed on
Feb 5, 2024
Sold by
Redux Ventures Llc
Bought by
Adelina Homes Inc

Purchase Details

Closed on
Dec 18, 2023
Sold by
Unity Dev Investments Llc
Bought by
Redux Ventures Llc

Purchase Details

Closed on
Aug 31, 2023
Sold by
Ellis Mike
Bought by
Unity Development Investments Llc

Purchase Details

Closed on
Apr 18, 2015
Sold by
Ellis Marlene and Ellis Berseford
Bought by
Ellis Mike
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
Hanson Christopher $279,900 Velocity Title
Adelina Homes Inc $177,300 None Listed On Document
Redux Ventures Llc $100,800 None Listed On Document
Redux Ventures Llc $100,800 None Listed On Document
Unity Development Investments Llc $16,000 Professional Title
Unity Dev Investments Llc $16,000 Professional Title
Ellis Mike -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hanson Christopher $223,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/30/2024 10/30/24 Sold $279,900 0.0% $194 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
09/13/2024 09/13/24 For Sale $279,900 -- $194 / 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 $540 $17,600 $17,600 --
2023 $540 $4,831 $0 $0
2022 $204 $4,392 $0 $0
2021 $145 $6,000 $6,000 $0
2020 $135 $5,000 $5,000 $0
2019 $126 $4,000 $4,000 $0
2018 $113 $3,000 $3,000 $0
2017 $114 $3,000 $3,000 $0
2016 $114 $3,000 $0 $0
2015 $108 $2,201 $0 $0
2014 -- $2,001 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jason Sirounis

    Seller's Agent in 2024

    Jason Sirounis

    FL PRO BROKERS LLC

    (407) 415-2747

    8 in this area

    328 Total Sales

    Jason Sirounis
    Section Image
  • Yvonne Vance

    Buyer's Agent in 2024

    Yvonne Vance

    CHARLES RUTENBERG REALTY ORLANDO

    (352) 897-6173

    10 in this area

    128 Total Sales

    Yvonne Vance
    Section Image
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Map

Source: Stellar MLS

MLS Number: O6241388

Stellar MLS

APN: 9051-1614-05

Florida Marion County Ocala 34472 Silver Spring Shores

5 Locust Loop Terrace, Ocala, FL

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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