NOT LISTED FOR SALE

8965 SE 87th Terrace Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $146,000 - $170,000

2 Beds
0.5 Bath
1,008 Sq Ft
$161/Sq Ft Est. Value

Last Sold October 23, 2015

Last sale price $59,900 $59 Per Sq Ft

Est. 168% increase in value since last sale

Current estimated payment $927/month

7 Days on Market

Highlights

  • Race Track
  • Community Pool
  • Eat-In Kitchen
  • No HOA
  • 1 Car Attached Garage
  • Walk-In Closet

About This Home

As of October 2015

GREAT DEAL!!! Affordable REMODELED home in Silver Springs Shores. New roof just put on in 2015.Covered front entryway. Freshly painted inside and out! New tile flooring throughout entire home - even in the bedrooms. Bathrooms were redone including new vanities and fixtures. Kitchen has new cabinets, counters,a freshly tiled backsplash and includes all appliances including a side by side fridge. Dining area outside of the kitchen has a sliding glass door that leads to the back open patio. Nice sized walk in closet in the master bedroom. Nice yard with new mulch by the front walkway and fenced backyard. Conveniently located close to shopping, dining, doctors, schools and much more. Great for first time buyers or investment! This is a must see, will not last long...come check it out today! S

Last Agent to Sell the Property

Steve Weitlauf

HOMERUN REALTY License #645183 Listed on: 08/20/2015

HOMERUN REALTY

Last Buyer's Agent

Christina Chamberlain

REAL ESTATE OF OCALA, INC License #3017856

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $929

Year Built

  • Built in 1982

Lot Details

  • 6,970 Sq Ft Lot
  • Chain Link Fence
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned R-1 Single Family Dwellin

Parking

  • 1 Car Attached Garage

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,008 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 0.5 Bathroom

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Patio
  • Race Track

Listing and Financial Details

  • Property Available on 8/20/15
  • Legal Lot and Block 7 / 728
  • Assessor Parcel Number 9068-0728-07

Community Details

Overview

  • No Home Owners Association
  • Slvr Spgs Sh S Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$929

Year Built

Built in 1982

Lot Details

0

Parking

1

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Frame, Stucco
  • Fireplace: No
  • Living Area: 1008
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1328
  • Lot Size Sq Ft: 6970
  • Status: Sold
  • Street Direction: SE
  • RATIO Current Price By Calculate: 59.42
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2015-10-19T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Patio
  • Water View YN: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-1 Single Family Dwellin
  • Parcel Number: 9068-0728-07
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: Cleared, In County, Paved
  • Horse Amenities: None, Race Track

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2015-08-20
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 928.73
  • Tax Block: 728
  • Tax Book Number: J-459
  • Tax Lot: 7

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2015
Closed on
Oct 23, 2015
Sold by
Lopez Antonio
Bought by
Meece Sandra
Seller's Agent
Steve Weitlauf
HOMERUN REALTY
Buyer's Agent
Christina Chamberlain
REAL ESTATE OF OCALA, INC
List Price
$56,900
Sold Price
$59,900
Premium/Discount to List
$3,000
5.27%
Current Estimated Value
$160,798

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,898
Avg. Annual Appreciation
10.28%
Original Mortgage
$61,593
Outstanding Balance
$48,144
Interest Rate
3.93%
Mortgage Type
FHA
Estimated Equity
$114,216

Purchase Details

Listed on
Dec 4, 2014
Closed on
Jan 27, 2015
Sold by
The Bank Of New York Mellon
Bought by
Lopez Antonio
Buyer's Agent
James Arauz
REALTY EXECUTIVES MID FLORIDA
List Price
$26,260
Sold Price
$25,500
Premium/Discount to List
-$760
-2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
244.76%

Purchase Details

Closed on
Nov 4, 2014
Sold by
Khan Sharifa and Zaban Rayman
Bought by
The Bank Of New York Mellon

Purchase Details

Closed on
Apr 6, 2007
Sold by
Rajcoomar Chaitnath and Rajcoomar Bibi
Bought by
Zaban Rayman and Khan Sharifa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,800
Interest Rate
6.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2005
Sold by
Daley Grace
Bought by
Rajcoomar Chaitnath and Rajcoomar Bibi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
8%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 28, 2005
Sold by
Prussia Christine M
Bought by
Daley Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,000
Interest Rate
8%
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
Meece Sandra $59,900 1St Quality Title Llc
Lopez Antonio $25,500 Landcastle Title Llc
The Bank Of New York Mellon $18,000 None Available
Zaban Rayman $102,000 Associated Land Title Insura
Rajcoomar Chaitnath $74,000 Safetitle Company
Daley Grace $45,000 Associated Land Title Insura
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meece Sandra $61,593
Previous Owner Zaban Rayman $91,800
Previous Owner Rajcoomar Chaitnath $59,000
Previous Owner Daley Grace $42,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/23/2015 10/23/15 Sold $59,900 +5.3% $59 / Sq Ft
08/28/2015 08/28/15 Pending -- -- --
08/20/2015 08/20/15 For Sale $56,900 +123.1% $56 / Sq Ft
02/12/2015 02/12/15 Sold $25,500 -2.9% $25 / Sq Ft View Prior Sale
01/13/2015 01/13/15 Pending -- -- --
12/04/2014 12/04/14 For Sale $26,260 -- $26 / 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 $1,040 $52,747 -- --
2024 $825 $51,260 -- --
2023 $816 $49,767 $0 $0
2022 $791 $48,317 $0 $0
2021 $776 $46,910 $0 $0
2020 $766 $46,262 $0 $0
2019 $750 $45,222 $0 $0
2018 $715 $44,379 $0 $0
2017 $699 $43,466 $0 $0
2016 $635 $41,047 $0 $0
2015 $921 $30,749 $0 $0
2014 $938 $33,065 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Steve Weitlauf

    Seller's Agent in 2015

    Steve Weitlauf

    HOMERUN REALTY

    (352) 425-3455

    7 in this area

    67 Total Sales

    Steve Weitlauf
    Section Image
  • Christina Chamberlain

    Buyer's Agent in 2015

    Christina Chamberlain

    REAL ESTATE OF OCALA, INC

    (352) 804-9096

    3 Total Sales

    Christina Chamberlain
    Section Image

  • J

    Buyer's Agent in 2015

    James Arauz

    REALTY EXECUTIVES MID FLORIDA

    (352) 216-0236

    3 in this area

    33 Total Sales

    James Arauz
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM430474

Stellar MLS

APN: 9068-0728-07

Florida Marion County Ocala 34472 Silver Spring Shores

8965 SE 87th Terrace, Ocala, FL

Not Listed for Sale

Detached

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