NOT LISTED FOR SALE

550 Lake Dr Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $336,636 - $440,000

3 Beds
2 Baths
2,336 Sq Ft
$165/Sq Ft Est. Value

Last Sold April 29, 2020

Last sale price $266,000 $114 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,430/month

7 Days on Market

Highlights

  • Private Pool
  • High Ceiling
  • 2 Car Attached Garage
  • Wood Flooring
  • No HOA
  • Sliding Doors

About This Home

As of April 2020

Just what you've been looking for!
This 3bed 2bath pool home is located in the beautiful golf course community of Lake Dimond. As you walk in you will notice the large great room with vaulted ceilings and plenty of room for entertaining guest. The kitchen area is equipped with stainless steel appliances, solid wood cabinets, breakfast nook and above sink counter top bar. The master bedroom boast trey ceilings, his and hers walk-in closets and huge master bath with large soaking tub and walk-in shower. Don't forget the outside pool area! with its huge lain, in ground pool, and private fenced in yard! Truly Florida living at its finest!

Last Agent to Sell the Property

Jeffrey Fusco

EXP REALTY LLC License #3347534 Listed on: 03/02/2020

EXP REALTY LLC

Last Buyer's Agent

Lori Busch

BUSCH REALTY License #3104889

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,360

Year Built

  • Built in 2003

Lot Details

  • 0.47 Acre Lot
  • South Facing Home
  • Fenced
  • Property is zoned PUD

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,336 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Private Pool

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Lake Diamond Golf & CC Ph 03 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,360

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2336
  • Lot Size Acres: 0.47
  • New Construction: No
  • Year Built: 2003
  • Lot Size Sq Ft: 20473
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8075920?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8075920?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.85806
  • Price per Sq Ft: 113.87
  • Close to Original List Price Ratio: 0.85806
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Dryer, Microwave, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Fenced, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0735D
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: PUD
  • Parcel Number: 9071-0006-06
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2008-08-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3360
  • Tax Block: F
  • Tax Book Number: 004-161
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2020
Closed on
Apr 28, 2020
Sold by
Williams L Christopher L and Williams Lawrence C
Bought by
Dietrich Justin M and Dietrich Caitlin C
Seller's Agent
Jeffrey Fusco
EXP REALTY LLC
Buyer's Agent
Lori Busch
BUSCH REALTY
List Price
$310,000
Sold Price
$266,000
Premium/Discount to List
-$44,000
-14.19%
Current Estimated Value
$386,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,159
Avg. Annual Appreciation
6.77%
Original Mortgage
$261,182
Outstanding Balance
$229,726
Interest Rate
3.37%
Mortgage Type
FHA
Estimated Equity
$156,433

Purchase Details

Closed on
Oct 15, 2016
Sold by
Williams Williams L and Williams Ashley N
Bought by
Williams Williams L and Williams Lawernce C

Purchase Details

Closed on
Oct 1, 2016
Bought by
Williams L Christopher
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dietrich Justin M $266,000 Tiago National Title Llc
Williams Williams L -- None Available
Williams L Christopher $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dietrich Justin M $261,182
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/29/2020 04/29/20 Sold $266,000 -14.2% $114 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
03/02/2020 03/02/20 For Sale $310,000 -- $133 / 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 $4,932 $286,510 $29,140 $257,370
2024 $5,291 $318,067 -- --
2023 $4,902 $291,029 $0 $0
2022 $4,839 $270,381 $0 $0
2021 $4,342 $245,801 $28,200 $217,601
2020 $3,454 $190,107 $21,150 $168,957
2019 $3,757 $206,275 $21,150 $185,125
2018 $3,360 $189,965 $11,750 $178,215
2017 $3,272 $187,136 $11,750 $175,386
2016 $2,977 $164,634 $0 $0
2015 $2,816 $152,429 $0 $0
2014 $2,622 $148,446 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeffrey Fusco

    Seller's Agent in 2020

    Jeffrey Fusco

    EXP REALTY LLC

    (352) 427-5804

    2 in this area

    46 Total Sales

    Jeffrey Fusco
    Section Image
  • Lori Busch

    Buyer's Agent in 2020

    Lori Busch

    BUSCH REALTY

    (352) 804-5544

    7 in this area

    88 Total Sales

    Lori Busch
    Section Image
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Map

Source: Stellar MLS

MLS Number: U8075920

Stellar MLS

APN: 9071-0006-06

Florida Marion County Ocala 34472 Silver Spring Shores

550 Lake Dr, 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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