NOT LISTED FOR SALE

7116 Hemlock Loop Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $199,000 - $242,000

3 Beds
2 Baths
1,213 Sq Ft
$190/Sq Ft Est. Value

Last Sold August 20, 2020

Last sale price $164,000 $135 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $1,344/month

4 Days on Market

Highlights

  • In Ground Pool
  • Cathedral Ceiling
  • No HOA
  • Open Floorplan
  • Garden View
  • Porch

About This Home

As of August 2020

CUTE AND COZY!! CATHEDRAL CEILINGS IN MAIN LIVING AREA, CERAMIC TILE IN KITCHEN AND BATHS: SPLIT BEDROOM PLAN; SCREENED LANAI: FREE FORM SALT POOL AQUA-RITE ELECTRONIC CHLORINE GENERATOR MOTHER BOARD & CELL REPLACED 2016, 1.5 HP PENTAR PUMP 2018 & HAYWARD POOL VAC REPLACED 2018. RANGE & DISHWASHER NEW IN 4-18, REFER IN 2014. ALL STAINLESS STEEL.THERE ARE HURRICANE SHUTTERS, PROTECTED ELECTRIC HOOKUP FOR GENERATOR , WASHER & DRYER, DRAPES IN MASTER BEDROOM AND FRONT BEDROOM DO NOT CONVEY. THE SCREENED LANAI OVERLOOKS THE PRETTY SPARKLING POOL, BEAUTIFULLY LANDSCAPED, VEGI GARDEN, POTTING SHED AND A GREENHOUSE AL IN THE WITHIN VINYL FENCE THAT WAS NEW IN 2017

Last Agent to Sell the Property

Raymond Mears

SMITH & ASSOCIATES REAL ESTATE License #3377760 Listed on: 06/20/2020

SMITH & ASSOCIATES REAL ESTATE

Last Buyer's Agent

Bert Meadows

MEADOWS REALTY, LLC License #0430844

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $916

Year Built

  • Built in 2005

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 92x125
  • Southwest Facing Home
  • Vinyl Fence
  • Cleared Lot
  • Property is zoned R1

Parking

  • 1 Car Attached Garage

Property Views

  • Garden
  • Pool

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,213 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • French Doors

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Saltwater Pool
  • Pool Sweep

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Well
  • Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Silver Spgs Shores Un 07 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$916

Year Built

Built in 2005

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1213
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 1621
  • Lot Size Sq Ft: 11326
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM605112?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM605112?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: 0.96471
  • Price per Sq Ft: 135.2
  • Close to Original List Price Ratio: 0.96471
  • Ratio: Current Price\Building Area Total: 101.17
  • View: Yes
  • 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: Cathedral Ceiling(s), Open Floorplan, Split Bedroom, Thermostat
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Room Count: 3

Exterior Features

  • Direction Faces: Southwest
  • Pool Features: In Ground, Pool Sweep, Salt Water
  • Exterior Features: Fenced, French Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Garden, Pool
  • Waterfront: No
  • Patio and Porch Features: Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: R1
  • Parcel Number: 9007-0120-09
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: Cleared
  • Lot Dimensions: 92x125
  • Flood Zone Code: x

Rental Info

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

Tax Info

  • Tax Annual Amount: 916.2
  • Tax Block: 120
  • Tax Book Number: J-094
  • Tax Lot: 9

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2020
Closed on
Aug 12, 2020
Sold by
Naylor Elizabeth and Naylor Shawn
Bought by
Mcmurtrie Kerry
Seller's Agent
Raymond Mears
SMITH & ASSOCIATES REAL ESTATE
Buyer's Agent
Bert Meadows
MEADOWS REALTY, LLC
List Price
$169,999
Sold Price
$164,000
Premium/Discount to List
-$5,999
-3.53%
Current Estimated Value
$229,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,973
Avg. Annual Appreciation
6.55%
Original Mortgage
$169,904
Outstanding Balance
$150,717
Interest Rate
3%
Estimated Equity
$79,256

Purchase Details

Closed on
Nov 14, 2019
Sold by
Knouff Melissa A and Knouff Hope A
Bought by
Naylor Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,102
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 17, 2019
Closed on
May 24, 2019
Sold by
Padelford Robert S and Padelford Gwenneth D
Bought by
Knouff Melissa A and Knouff Hope A
List Price
$160,000
Sold Price
$160,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%

Purchase Details

Listed on
Apr 17, 2019
Closed on
May 22, 2019
Sold by
Padelford Robert S and Padeljbffl Gwenneth D
Bought by
Knouff Melissa A and Knouff Hope A
List Price
$160,000
Sold Price
$160,000

Purchase Details

Closed on
Feb 18, 2005
Sold by
F & J Developers Llp
Bought by
Padelford Robert S and Padelford Gwenneth D

Purchase Details

Closed on
Jun 3, 2004
Sold by
Holbrook R Ewart and Holbrook Elizabeth A
Bought by
F & J Developers Llp
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
Mcmurtrie Kerry $164,000 First American Title Ins Co
Naylor Elizabeth $160,000 Brick City Ttl Ins Agcy Inc
Knouff Melissa A $16,000 Brick City Ttl Ins Agcy Inc
Knouff Melissa A $160,000 Brick City Ttl Ins Agcy Inc
Padelford Robert S $108,800 Brick City Title Ins Co Inc
F & J Developers Llp $6,000 Brick City Title Ins Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmurtrie Kerry $169,904
Previous Owner Naylor Elizabeth $157,102
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2022 03/07/22 Off Market $160,000 -- --
08/20/2020 08/20/20 Sold $164,000 -3.5% $135 / Sq Ft
06/24/2020 06/24/20 Pending -- -- --
06/20/2020 06/20/20 For Sale $169,999 +6.2% $140 / Sq Ft
05/24/2019 05/24/19 Sold $160,000 0.0% $132 / Sq Ft View Prior Sale
05/09/2019 05/09/19 Pending -- -- --
04/16/2019 04/16/19 For Sale $160,000 -- $132 / 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 $1,621 $126,121 -- --
2023 $1,574 $122,448 $0 $0
2022 $1,597 $118,882 $0 $0
2021 $1,587 $115,419 $9,500 $105,919
2020 $1,533 $110,964 $8,000 $102,964
2019 $916 $70,517 $0 $0
2018 $888 $69,202 $0 $0
2017 $883 $67,779 $0 $0
2016 $862 $66,385 $0 $0
2015 $863 $65,924 $0 $0
2014 $824 $65,401 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Raymond Mears

    Seller's Agent in 2020

    Raymond Mears

    SMITH & ASSOCIATES REAL ESTATE

    (352) 895-0614

    49 in this area

    104 Total Sales

    Raymond Mears
    Section Image
  • Bert Meadows

    Buyer's Agent in 2020

    Bert Meadows

    MEADOWS REALTY, LLC

    (352) 598-6084

    13 in this area

    217 Total Sales

    Bert Meadows
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM605112

Stellar MLS

APN: 9007-0120-09

Florida Marion County Ocala 34472 Silver Spring Shores

7116 Hemlock Loop, Ocala, FL

Not Listed for Sale

Detached

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