NOT LISTED FOR SALE

7 Cedar Tree Trace Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $172,000 - $221,000

3 Beds
2 Baths
1,514 Sq Ft
$134/Sq Ft Est. Value

Last Sold April 30, 2024

Last sale price $190,000 $125 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $1,205/month

10 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Ceiling Fan
  • 1 Car Attached Garage
  • Central Air
  • West Facing Home

About This Home

As of April 2024

3/2/1 in a nice area of Silver Springs Shores. Home needs TLC, but This home is perfect for an FHA or Conventional renovation loan. Stainless steel appliances. Roof was replaced in 2019. New water heater and new motor on well pump. This home is a perfect starter home and a good price range for first time home buyers that are having a hard time finding a home in a lower price range. Even with the renovation it will still be affordable. Flex room can be used as another bedroom or family room. nice big back yard with patio. So much potential.

Last Agent to Sell the Property

Linda Profita

EXP REALTY LLC Brokerage Phone: 888-883-8509 License #3137514 Listed on: 03/25/2024

EXP REALTY LLC

Last Buyer's Agent

Stephanie Spink

SMS PROPERTY HOLDINGS INC License #3253795

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,509

Year Built

  • Built in 1989

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 86x125
  • West Facing Home
  • Property is zoned R1

Parking

  • 1 Car Attached Garage

Home Design

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

Interior Spaces

  • 1,514 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Laundry in Garage

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Silver Spgs Shores 09 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,509

Year Built

Built in 1989

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1514
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 1829
  • Lot Size Sq Ft: 10890
  • Directions to Property: Take 464 ( Maricamp) Rd to right on first Pine RD. to left on Cedar Rd to r on Cedar Tree Pass to left on Cedar Tree Trce home on right.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1041803
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 125.50
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 888-883-8509
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 7
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 140.66
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

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

Lot Info

  • Zoning: R1
  • Parcel Number: 9009-0076-11
  • Additional Parcels: No
  • Lot Dimensions: 86x125
  • Flood Zone Code: x
  • Homestead YN: 1
  • Lot Size Square Meters: 1012

Green Features

  • Green Verification Count: 0

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1509.33
  • Tax Block: 76
  • Tax Book Number: J-083SILVER
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2024
Closed on
Apr 30, 2024
Sold by
Mcclellan Garrett Lee and Kallner Shelina M
Bought by
Maestro Asset Management Llc
Seller's Agent
Linda Profita
EXP REALTY LLC
Buyer's Agent
Stephanie Spink
SMS PROPERTY HOLDINGS INC
List Price
$229,900
Sold Price
$190,000
Premium/Discount to List
-$39,900
-17.36%
Views
98
Current Estimated Value
$202,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,166
Avg. Annual Appreciation
4.40%
Original Mortgage
$152,000
Outstanding Balance
$149,865
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$52,301

Purchase Details

Listed on
Apr 17, 2019
Closed on
Jun 10, 2019
Sold by
Coddett Valerie G and Coddett Glenda L
Bought by
Mcclellan Garrett Lee and Kallner Shelina M
Seller's Agent
Raymond Mears
RE/MAX REALTY UNLIMITED
Buyer's Agent
Linda Profita
EXP REALTY LLC
List Price
$125,000
Sold Price
$127,000
Premium/Discount to List
$2,000
1.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$124,699
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 2017
Sold by
Lancaster Daisey E
Bought by
Coddett Valerie G and Coddett Glenda L
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
Maestro Asset Management Llc $190,000 Brick City Title
Maestro Asset Management Llc $190,000 Brick City Title
Mcclellan Garrett Lee $127,000 First American Title Ins Co
Coddett Valerie G -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maestro Asset Management Llc $152,000
Closed Maestro Asset Management Llc $152,000
Previous Owner Mcclellan Garrett Lee $124,699
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/30/2024 04/30/24 Sold $190,000 +0.1% $125 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
04/02/2024 04/02/24 Price Changed $189,900 -17.4% $125 / Sq Ft
03/25/2024 03/25/24 For Sale $229,900 +81.0% $152 / Sq Ft
06/11/2019 06/11/19 Sold $127,000 +1.6% $84 / Sq Ft View Prior Sale
05/09/2019 05/09/19 Pending -- -- --
04/17/2019 04/17/19 For Sale $125,000 -- $83 / 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 $1,552 $116,713 -- --
2023 $1,552 $113,314 $0 $0
2022 $1,464 $110,014 $0 $0
2021 $1,455 $106,810 $0 $0
2020 $1,440 $105,335 $6,500 $98,835
2019 $1,921 $94,079 $6,500 $87,579
2018 $1,772 $88,851 $5,500 $83,351
2017 $1,741 $86,681 $5,500 $81,181
2016 $786 $56,687 $0 $0
2015 $785 $56,293 $0 $0
2014 $755 $55,846 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Linda Profita

    Seller's Agent in 2024

    Linda Profita

    EXP REALTY LLC

    (352) 286-3636

    8 in this area

    43 Total Sales

    Linda Profita
    Section Image
  • Stephanie Spink

    Buyer's Agent in 2024

    Stephanie Spink

    SMS PROPERTY HOLDINGS INC

    (352) 454-8801

    5 in this area

    9 Total Sales

    Stephanie Spink
    Section Image
  • Raymond Mears

    Seller's Agent in 2019

    Raymond Mears

    RE/MAX

    (352) 895-0614

    50 in this area

    105 Total Sales

    Raymond Mears
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM675486

Stellar MLS

APN: 9009-0076-11

Florida Marion County Ocala 34472 Silver Spring Shores

7 Cedar Tree Trace, Ocala, FL

This home is located at 7 Cedar Tree Trace, Ocala, FL 34472 since 25 March 2024 and is currently estimated at $202,166, approximately $133 per square foot. This property was built in 1989. 7 Cedar Tree Trace is a home located in Marion County with nearby schools including Legacy 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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