RENTED AUG 25, 2025

88 Teak Loop Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $171,000 - $243,000

3 Beds
2 Baths
1,136 Sq Ft
$184/Sq Ft Est. Value

Last Sold May 04, 2016

Last sale price $60,000 $53 Per Sq Ft

Est. 248% increase in value since last sale

Current estimated payment $1,313/month

Highlights

  • City View
  • Open Floorplan
  • 1 Car Attached Garage
  • Forest High School Rated A-
  • No HOA
  • Living Room

About This Home

As of August 2025

Step into this newly remodeled 3-bedroom, 2-bath home featuring modern luxury vinyl plank (LVP) flooring throughout, offering both style and durability. The spacious layout includes a bright, open living area and a functional kitchen perfect for everyday living and entertaining.

Enjoy the comfort of a split floor plan, generous bedrooms, and updated bathrooms. The attached 1-car garage provides ample storage and convenience.

Located just minutes from schools, shopping centers, and easy access to Baseline Rd, this home combines comfort, style, and a prime location.

Don't miss out—schedule your showing today!

Last Agent to Rent the Property

Scott Archibald

HOMERUN REALTY Brokerage Phone: 352-624-0935 License #3390073 Listed on: 06/05/2025

HOMERUN REALTY

Last Renter's Agent

Scott Archibald

HOMERUN REALTY Brokerage Phone: 352-624-0935 License #3390073 Listed on: 06/05/2025

HOMERUN REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1993

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 87x118
  • Landscaped

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,136 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • City Views
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Silver Spgs Shores 23 Subdivision

Listing and Financial Details

  • Residential Lease
  • Security Deposit $1,500
  • Property Available on 5/31/25
  • 12-Month Minimum Lease Term
  • Available 8/25/25
  • $60 Application Fee
  • 1 to 2-Year Minimum Lease Term
  • Assessor Parcel Number 9023-0480-05

Home Details

Home Type

Single Family

Year Built

Built in 1993

Lot Details

0

Parking

1

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: No
  • Available Date: 2025-05-31
  • Long Term YN: 1
  • Security Deposit: 1500
  • Additional Applicant Fee: 40
  • Expected Lease Date: 2025-08-25T00:00:00.000

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Fireplace: No
  • Living Area: 1136
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 1993
  • Building Area Total: 1696
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 10454
  • Owner Pays: None
  • Status: Leased
  • Building Area Total Srch Sq M: 157.56
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 1.23
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-624-0935
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Living Area Meters: 105.54

Exterior Features

  • Pool Private: No
  • View: City
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00
  • Application Fee: 60

Lot Info

  • Parcel Number: 9023-0480-05
  • Lot Features: In County, Landscaped, Paved
  • Lot Dimensions: 87x118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2016
Closed on
May 4, 2016
Sold by
Centerstate Bank Of America Na
Bought by
Fla Ga Enterprises Llc
Seller's Agent
Sandon Wiechens
WIECHENS REALTY INC
Buyer's Agent
Sandon Wiechens
WIECHENS REALTY INC
List Price
$62,900
Sold Price
$60,000
Premium/Discount to List
-$2,900
-4.61%
Current Estimated Value
$209,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,074
Avg. Annual Appreciation
13.81%

Purchase Details

Listed on
Apr 18, 2016
Closed on
Mar 9, 2016
Sold by
Frick Francis M and Frick Jo Billy
Bought by
Centerstate Bank Of Florida Na
Seller's Agent
Sandon Wiechens
WIECHENS REALTY INC
Buyer's Agent
Sandon Wiechens
WIECHENS REALTY INC
List Price
$62,900
Sold Price
$60,000
Premium/Discount to List
-$2,900
-4.61%

Purchase Details

Closed on
Mar 1, 2016
Bought by
Fla Ga Enterprises Llc

Purchase Details

Closed on
Dec 31, 2014
Sold by
F&J Developers Llp
Bought by
Frick Francis M and Frick Jobilly

Purchase Details

Closed on
Aug 28, 2009
Sold by
Phelan Barbara Ann
Bought by
F&J Developers Llp

Purchase Details

Closed on
May 1, 2007
Sold by
F & J Developers Llp
Bought by
Phelan Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,678
Interest Rate
9.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 22, 2002
Sold by
Bond M Thomas and Arnett John W
Bought by
F & J Developers Llp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
11%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 27, 2002
Sold by
Sergeant Donald A and Sergeant Cynthia
Bought by
Bond Arnett Phelan Smith & Craggs Pa Pro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
11%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Fla Ga Enterprises Llc $60,000 None Available
Centerstate Bank Of Florida Na -- None Available
Fla Ga Enterprises Llc $100 --
Frick Francis M -- None Available
F&J Developers Llp -- None Available
Phelan Barbara Ann $87,900 Attorney
F & J Developers Llp $64,100 --
Bond Arnett Phelan Smith & Craggs Pa Pro -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Phelan Barbara Ann $88,678
Previous Owner F & J Developers Llp $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2025 08/25/25 Rented $1,395 0.0% --
08/08/2025 08/08/25 Under Contract -- -- --
07/29/2025 07/29/25 Price Changed $1,395 -7.0% $1 / Sq Ft
06/24/2025 06/24/25 Price Changed $1,500 -14.3% $1 / Sq Ft
06/05/2025 06/05/25 For Rent $1,750 0.0% --
05/04/2016 05/04/16 Sold $60,000 -4.6% $53 / Sq Ft View Prior Sale
04/19/2016 04/19/16 Pending -- -- --
04/18/2016 04/18/16 For Sale $62,900 -- $55 / 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 $2,621 $130,720 -- --
2023 $2,621 $118,836 $0 $0
2022 $2,223 $108,033 $0 $0
2021 $2,017 $106,526 $11,000 $95,526
2020 $1,832 $90,376 $10,000 $80,376
2019 $1,705 $81,167 $10,000 $71,167
2018 $1,535 $74,107 $7,200 $66,907
2017 $1,473 $69,998 $6,600 $63,398
2016 $1,336 $59,258 $0 $0
2015 $1,213 $53,871 $0 $0
2014 $1,159 $53,393 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Landlord's Agent in 2025

    Scott Archibald

    HOMERUN REALTY

    (352) 857-9074

    1 in this area

    36 Total Sales

    Scott Archibald
    Section Image
  • Sandon Wiechens

    Seller's Agent in 2016

    Sandon Wiechens

    WIECHENS REALTY INC

    (352) 622-3214

    9 in this area

    83 Total Sales

    Sandon Wiechens
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM702706

Stellar MLS

APN: 9023-0480-05

Florida Marion County Ocala 34472 Silver Spring Shores

88 Teak Loop, 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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