NOT LISTED FOR SALE

7 Cedar Run Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $203,000 - $239,000

3 Beds
2 Baths
1,503 Sq Ft
$151/Sq Ft Est. Value

Last Sold August 26, 2020

Last sale price $125,000 $83 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $1,447/month

45 Days on Market

Highlights

  • No HOA
  • Ceramic Tile Flooring
  • Outdoor Storage
  • Family Room Off Kitchen
  • Sliding Doors
  • Central Air

About This Home

As of August 2020

This home is a great 3 bedroom 2 bathroom home in Silver Spring shores. A great first time home or an investment property. The home just needs a little TLC and it will be brand new. There is also a cleared off lot next to the property- .26 acres.

Last Agent to Sell the Property

Dwan Thomas

KELLER WILLIAMS CORNERSTONE RE License #3457652 Listed on: 05/13/2020

KELLER WILLIAMS CORNERSTONE RE

Last Buyer's Agent

Carmenza Pinzon

LEGACY REALTY & ASSOCIATES License #3310973

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $884

Year Built

  • Built in 1991

Lot Details

  • 10,018 Sq Ft Lot
  • Southeast Facing Home
  • Chain Link Fence
  • Irrigation
  • Property is zoned R1

Parking

  • 480 Car Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

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

Interior Spaces

  • 1,503 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Washer

Kitchen

  • Convection Oven
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Schools

  • Legacy Elementary School
  • Lake Weir Middle School
  • Lake Weir High School

Utilities

  • Central Air
  • Heating Available
  • Well
  • Private Sewer
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Silver Springs Shores Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$884

Year Built

Built in 1991

Lot Details

0

Parking

480

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 1503
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1991
  • Lot Size Sq Ft: 10018
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM603594?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM603594?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: Unit 9
  • Ratio: Close Price\List Price: 0.80386
  • Price per Sq Ft: 83.17
  • Close to Original List Price Ratio: 0.80386
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Exhaust Fan, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Room Count: 8
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Fenced, Irrigation System, Lighting, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, Concrete
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 480
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 480
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Sewer Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Private Sewer
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Legacy Elementary School
  • High School: Lake Weir High School
  • Middle Or Junior School: Lake Weir Middle School

Lot Info

  • Zoning: R1
  • Parcel Number: 9009-0084-18
  • Additional Parcels: No
  • Fencing: Chain Link
  • Flood Zone Code: 120160
  • Flood Zone Date: 2008-08-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 883.89
  • Tax Block: 84
  • Tax Book Number: J Page 083
  • Tax Lot: 18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 13, 2020
Closed on
Aug 26, 2020
Sold by
Thomas Hermine and Thomas Hermine May
Bought by
Barrantes Ricardo Nathaniel and Barrantes Maria Aracely
Seller's Agent
Dwan Thomas
KELLER WILLIAMS CORNERSTONE RE
Buyer's Agent
Carmenza Pinzon
LEGACY REALTY & ASSOCIATES
List Price
$155,500
Sold Price
$125,000
Premium/Discount to List
-$30,500
-19.61%
Current Estimated Value
$226,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,931
Avg. Annual Appreciation
11.86%
Original Mortgage
$100,000
Outstanding Balance
$80,143
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$146,788

Purchase Details

Closed on
Jul 14, 2009
Sold by
Thomas Hermine
Bought by
Thomas Frederick

Purchase Details

Closed on
Dec 12, 2007
Sold by
Thomas Hermine
Bought by
Thomas Hermine and Salkey Vivene J
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
Barrantes Ricardo Nathaniel $125,000 First American Title Ins Co
Thomas Frederick -- Attorney
Thomas Hermine -- Attorney
Thomas Hermine -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barrantes Ricardo Nathaniel $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/26/2020 08/26/20 Sold $125,000 -19.6% $83 / Sq Ft
06/26/2020 06/26/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $155,500 -5.7% $103 / Sq Ft
06/28/2019 06/28/19 Sold $164,900 0.0% $115 / Sq Ft View Prior Sale
06/17/2019 06/17/19 Pending -- -- --
06/12/2019 06/12/19 For Sale $164,900 -- $115 / 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 $3,062 $163,412 -- --
2023 $2,975 $148,556 $0 $0
2022 $2,669 $135,051 $0 $0
2021 $2,362 $122,774 $8,000 $114,774
2020 $871 $65,239 $0 $0
2019 $868 $63,772 $0 $0
2018 $840 $62,583 $0 $0
2017 $834 $61,296 $0 $0
2016 $812 $60,035 $0 $0
2015 $812 $59,618 $0 $0
2014 $779 $59,145 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2020

    Dwan Thomas

    KELLER WILLIAMS CORNERSTONE RE

    (352) 369-4044

    25 in this area

    71 Total Sales

    Dwan Thomas
    Section Image

  • C

    Buyer's Agent in 2020

    Carmenza Pinzon

    LEGACY REALTY & ASSOCIATES

    (407) 600-9214

    6 in this area

    12 Total Sales

    Carmenza Pinzon
    Section Image
  • Whitney Fowler

    Seller's Agent in 2019

    Whitney Fowler

    PLATINUM HOMES AND LAND REALTY

    (352) 427-5066

    49 in this area

    430 Total Sales

    Whitney Fowler
    Section Image
  • Laurie Ann Truluck

    Buyer's Agent in 2019

    Laurie Ann Truluck

    NEXT GENERATION REALTY OF MARION COUNTY

    (352) 877-3887

    20 in this area

    158 Total Sales

    Laurie Ann Truluck
    Section Image
  • Jamie Boudreau

    Buyer Co-Listing Agent in 2019

    Jamie Boudreau

    CRYSTAL SNOOK REAL ESTATE

    (352) 792-2307

    2 in this area

    8 Total Sales

    Jamie Boudreau
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM603594

Stellar MLS

APN: 9009-0084-18

Florida Marion County Ocala 34472 Silver Spring Shores

7 Cedar Run, Ocala, FL

Not Listed for Sale

Detached

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