NOT LISTED FOR SALE

9 Lake Ct Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $123,000 - $158,000

3 Beds
1 Bath
720 Sq Ft
$190/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $63,000 $88 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $902/month

4 Days on Market

About This Home

As of March 2020

Amazing investment opportunity in today's market. Concrete block house on city water and sewer. One of the fastest growing areas in the state. Property is currently vacant. Will rent at $1000/month after cosmetic improvements. Get a 13%+ return on investment. Tons of upside and appreciation.

Last Agent to Sell the Property

James Villarroel

REALPRO INC License #3009858 Listed on: 02/17/2020

Last Buyer's Agent

James Villarroel

REALPRO INC License #3009858 Listed on: 02/17/2020

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,071

Year Built

  • Built in 1971

Lot Details

  • 0.36 Acre Lot
  • Property is zoned N/A

Parking

  • 3 Carport Spaces

Home Design

  • 720 Sq Ft Home
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Silver Springs Shores 2 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,071

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 720
  • Lot Size Acres: 0.36
  • New Construction: No
  • Year Built: 1971
  • Lot Size Sq Ft: 720
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6109226?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/N6109226?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: 0.97072
  • Price per Sq Ft: 87.5
  • Close to Original List Price Ratio: 0.97072
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: Other
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Room Count: 3
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: Undetermined
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Spaces: 3
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: N/A
  • Parcel Number: 9002-0001-39
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: 8-12 Months
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1070.89
  • Tax Block: 1
  • Tax Book Number: 123
  • Tax Lot: 39

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2020
Closed on
Mar 3, 2020
Sold by
Rock It Rentals Llc
Bought by
Fong Juan C
Seller's Agent
James Villarroel
REALPRO INC
Buyer's Agent
James Villarroel
REALPRO INC
List Price
$64,900
Sold Price
$63,000
Premium/Discount to List
-$1,900
-2.93%
Current Estimated Value
$137,003

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,003
Avg. Annual Appreciation
14.15%

Purchase Details

Listed on
Apr 4, 2017
Closed on
Oct 13, 2017
Sold by
First American Funding Llc
Bought by
Rock It Porperties Llc
List Price
$51,000
Sold Price
$48,900
Premium/Discount to List
-$2,100
-4.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.04%
Original Mortgage
$48,900
Interest Rate
3.78%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 11, 2017
Sold by
Madho Devindranuth and Hoosein Zaheed
Bought by
First American Funding Llc

Purchase Details

Closed on
Sep 24, 2008
Sold by
Madho Devindranuth
Bought by
Madho Devindranuth and Hoosein Zaheed

Purchase Details

Closed on
Apr 21, 2006
Sold by
March Richard E
Bought by
Madho Devindranuth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,500
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 10, 2002
Sold by
Seaman James A and Seaman Leneta R
Bought by
March Richard E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,900
Interest Rate
7.18%
Mortgage Type
VA
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
Fong Juan C $63,000 Attorney
Rock It Porperties Llc $48,900 Advantage Title
First American Funding Llc -- None Available
Madho Devindranuth -- Ameriland Title Agency
Madho Devindranuth $95,000 First American Title Ins Co
March Richard E $45,000 All American Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rock It Porperties Llc $48,900
Previous Owner Madho Devindranuth $66,500
Previous Owner March Richard E $45,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/13/2020 03/13/20 Sold $63,000 -2.9% $88 / Sq Ft
02/21/2020 02/21/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $64,900 +32.7% $90 / Sq Ft
10/13/2017 10/13/17 Sold $48,900 -4.1% $68 / Sq Ft View Prior Sale
06/02/2017 06/02/17 Pending -- -- --
04/04/2017 04/04/17 For Sale $51,000 -- $71 / Sq Ft
Source: Stellar MLS

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 $2,274 $86,276 -- --
2024 $1,945 $78,433 -- --
2023 $1,858 $71,303 $0 $0
2022 $1,681 $64,821 $0 $0
2021 $1,493 $58,928 $9,000 $49,928
2020 $1,187 $48,405 $8,000 $40,405
2019 $1,082 $38,885 $8,000 $30,885
2018 $971 $32,782 $4,000 $28,782
2017 $913 $31,353 $4,000 $27,353
2016 $838 $26,012 $0 $0
2015 $782 $23,647 $0 $0
2014 $780 $24,177 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    James Villarroel

    REALPRO INC

    (954) 999-2895

    2 in this area

    18 Total Sales

    James Villarroel
    Section Image
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Map

Source: Stellar MLS

MLS Number: N6109226

Stellar MLS

APN: 9002-0001-39

Florida Marion County Ocala 34472 Silver Spring Shores

9 Lake Ct, 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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