NOT LISTED FOR SALE

5500 SE 8th St Ocala, FL 34480

Silver Spring Shores Neighborhood

Estimated Value: $594,000 - $770,000

3 Beds
3 Baths
3,191 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 31, 2021

Last sale price $529,000 $166 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,814/month

26 Days on Market

Highlights

  • Screened Pool
  • 1.4 Acre Lot
  • Wood Flooring
  • Forest High School Rated A-
  • Vaulted Ceiling
  • No HOA

About This Home

As of August 2021

THIS IS THE ONE WE ALL HAVE BEEN LOOKING FOR!!! EXTRA LARGE POOL HOME ON QUIET STREET OVER AN ACRE OF FENCED CLEARED PROPERTY FOR PRIVACY. HOME OFFERS EXTRA LARGE MASTER SUITE, SEPARATE GUEST ROOMS, GAS FIREPLACE, INGROUND POOL SURROUNDED BY TROPICAL PLANTS, OUTDOOR LED LIGHTED FIRE PIT, SECURITY SYSTEM, NEW ROOF 2018, NEW A/C 2017, NEW KITCHEN GRANITE 2019. WHAT ELSE COULD YOU ASK FOR??? I KNOW HOW ABOUT A SEPARATE POOL HOUSE /MAN CAVE WITH SEPARATE GARAGE WORKSHOP. Rare find to have all this to town, LOCATION, LOCATION, LOCATION !! DON'T MISS THIS ONE

Last Agent to Sell the Property

GREGORY MILLER

WEICHERT REALTORS HALLMARK PROPERTIES License #3316617 Listed on: 07/22/2021

WEICHERT REALTORS HALLMARK PROPERTIES

Last Buyer's Agent

Gabriella Vance

CHARLES RUTENBERG REALTY ORLANDO License #3494005

CHARLES RUTENBERG REALTY ORLANDO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,499

Year Built

  • Built in 1988

Lot Details

  • 1.4 Acre Lot
  • North Facing Home
  • Vinyl Fence
  • Wood Fence
  • Child Gate Fence
  • Irrigation
  • Property is zoned A1

Parking

  • 4 Car Attached Garage
  • Ground Level Parking
  • Side Facing Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,191 Sq Ft Home
  • Built-In Features
  • Bar Fridge
  • Crown Molding
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Gas Fireplace
  • French Doors
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Pool Tile

Outdoor Features

  • Covered Patio or Porch
  • Shed

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Water Filtration System
  • Well
  • Tankless Water Heater
  • Septic Tank
  • Phone Available

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,499

Year Built

Built in 1988

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Brick, Stucco
  • Fireplace: Yes
  • Living Area: 3191
  • Lot Size Acres: 1.4
  • New Construction: No
  • Year Built: 1988
  • Building Area Total: 5831
  • Lot Size Sq Ft: 60984
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM624179?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM624179?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97601
  • Price per Sq Ft: 165.78
  • Close to Original List Price Ratio: 0.97601
  • Ratio: Current Price\Building Area Total: 90.72
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Tile, Hardwood
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Skylight(s), Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Microwave, Range, Tankless Water Heater, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Room Count: 3
  • Additional Rooms: Formal Dining Room Separate

Exterior Features

  • Direction Faces: North
  • Other Structures: Other, Shed(s)
  • Pool Features: Child Safety Fence, Gunite, In Ground, Screen Enclosure, Tile
  • Exterior Features: Fenced, French Doors, Irrigation System, Storage
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Patio, Rear Porch
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0545D

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener, Garage Faces Side, Ground Level
  • Covered Parking Spaces: 4
  • Open Parking: Yes

Utilities

  • Utilities: Natural Gas Available, Phone Available
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 2
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: A1
  • Parcel Number: 29688-007-00
  • Additional Parcels: No
  • Fencing: Vinyl, Wood
  • Flood Zone Code: X
  • Flood Zone Date: 2008-08-28

Rental Info

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

Tax Info

  • Tax Annual Amount: 3499
  • Tax Block: 8
  • Tax Book Number: 1051-7096
  • Tax Lot: 00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2021
Closed on
Aug 31, 2021
Sold by
Rudolph Gilgore James and Gilgore Valerie
Bought by
Winslow Mindy A
Seller's Agent
GREGORY MILLER
WEICHERT REALTORS HALLMARK PROPERTIES
Buyer's Agent
Gabriella Vance
CHARLES RUTENBERG REALTY ORLANDO
List Price
$542,000
Sold Price
$529,000
Premium/Discount to List
-$13,000
-2.4%
Current Estimated Value
$623,314

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,314
Avg. Annual Appreciation
4.75%
Original Mortgage
$370,300
Outstanding Balance
$334,203
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$312,870

Purchase Details

Listed on
Oct 14, 2019
Closed on
Dec 12, 2019
Sold by
Schofield Edwin D and Schofield Bonnie J
Bought by
Rudolph Gilgore James and Gilgore Valerie
Seller's Agent
Sarah Miller
ASHLEY YATES REALTY
Buyer's Agent
Cathy Robinson
COLDWELL BANKER ELLISON REALTY O
List Price
$399,900
Sold Price
$388,000
Premium/Discount to List
-$11,900
-2.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.75%
Original Mortgage
$171,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Schofield Edwin D and Schofield Bonnie J

Purchase Details

Closed on
Oct 17, 2011
Sold by
Ocwen Loan Servicing Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Oct 10, 2011
Sold by
Reed Jeffrey M and Reed Teresa L
Bought by
Ocwen Loan Services Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Winslow Mindy A $529,000 Us Patriot Title
Rudolph Gilgore James $388,000 First American Title Ins Co
Schofield Edwin D $234,900 Buyers Title Inc
Federal Home Loan Mortgage Corporation -- Buyers Title Inc
Ocwen Loan Services Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Winslow Mindy A $370,300
Previous Owner Rudolph Gilgore James $171,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/31/2021 08/31/21 Sold $529,000 -2.4% $166 / Sq Ft
08/17/2021 08/17/21 Pending -- -- --
07/22/2021 07/22/21 For Sale $542,000 +39.7% $170 / Sq Ft
12/12/2019 12/12/19 Sold $388,000 -3.0% $122 / Sq Ft View Prior Sale
11/07/2019 11/07/19 Pending -- -- --
10/14/2019 10/14/19 For Sale $399,900 -- $125 / 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 $6,699 $442,281 -- --
2024 $6,378 $427,983 -- --
2023 $6,228 $415,517 $0 $0
2022 $6,069 $403,415 $79,268 $324,147
2021 $3,526 $235,642 $0 $0
2020 $3,499 $232,389 $0 $0
2019 $3,306 $218,648 $0 $0
2018 $3,126 $214,571 $0 $0
2017 $3,069 $210,158 $0 $0
2016 $3,022 $205,835 $0 $0
2015 $3,044 $204,404 $0 $0
2014 $2,857 $202,782 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2021

    GREGORY MILLER

    WEICHERT REALTORS HALLMARK PROPERTIES

    (352) 216-4182

    8 in this area

    49 Total Sales

    GREGORY MILLER
    Section Image
  • Gabriella Vance

    Buyer's Agent in 2021

    Gabriella Vance

    CHARLES RUTENBERG REALTY ORLANDO

    (386) 872-8308

    7 in this area

    64 Total Sales

    Gabriella Vance
    Section Image
  • Yvonne Vance

    Buyer Co-Listing Agent in 2021

    Yvonne Vance

    CHARLES RUTENBERG REALTY ORLANDO

    (352) 897-6173

    10 in this area

    125 Total Sales

    Yvonne Vance
    Section Image
  • Sarah Miller

    Seller's Agent in 2019

    Sarah Miller

    ASHLEY YATES REALTY

    (352) 299-5853

    8 in this area

    92 Total Sales

    Sarah Miller
    Section Image
  • Cathy Robinson

    Buyer's Agent in 2019

    Cathy Robinson

    COLDWELL BANKER ELLISON REALTY O

    (352) 812-3137

    19 in this area

    77 Total Sales

    Cathy Robinson
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM624179

Stellar MLS

APN: 29688-007-00

Florida Marion County Ocala 34480 Silver Spring Shores

5500 SE 8th St, Ocala, FL

Not Listed for Sale

Detached

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

Nearby Homes