by RH Advisors

See Home Value
$251,250
House - Off Market

12 Spring Lake WAY

OCALA, FL 34472
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2232 Sqft
$1,485
Estimated Monthly
$0
HOA / Fees
6.89%
Cap Rate

About This Property

3-Bedroom, 2-Bath Home with inside workshop and craft room PLUS has Community Perks. Discover the perfect blend of comfort, character, and community in this charming 3-bedroom, 2-bathroom home located in the heart of Silver Springs Shores on a cul-de-sac. Situated within walking distance of the community center, which offers a pool, fitness center, basketball courts, and a serene fishing pond for a small monthly fee. As you step inside, you'll be welcomed by a spacious living room with high ceilings accented with wooden beams. The fireplace adds a cozy touch to this inviting space, while the solid surface flooring flows seamlessly throughout the home. The kitchen, with eat-in capabilities, overlooks the living room, creating a harmonious gathering place for family and friends. Open the sliding doors from the living room to access a delightful outdoor sitting area, nestled beneath the shade of a large oak tree. Additionally, the enclosed side porch, accessible from both the master and guest bedrooms, provides a serene retreat for relaxation. The updated bathrooms offers modern comfort and style. If you have a green thumb you'll appreciate the backyard space, with a dedicated garden area-a perfect addition for those seeking a sustainable lifestyle. Recent upgrades include a tankless hot water tank, a new HVAC system (2022), and a forthcoming new roof, which the seller will install with an accepted offer. The fully fenced backyard also features secure outdoor space for privacy or for pets. Don't miss out on the opportunity to make this property your own, complete with a welcoming community atmosphere and a comfortable interior.
Unit Size
2,232Ft²
Days on Market
105 days
Land Size
0.23 acres
Price per sqft
$114
Property Type
House
Property Taxes
$232
HOA Dues
-
Year Built
1970
Last updated: 4 months ago (Stellar MLS #OM665842)

Price History

Date / Event Date Event Price
Jan 19, 2024 Sold to Alvin Jaikeran, Leanna Tillack $251,250
Sold to Alvin Jaikeran, Leanna Tillack
Dec 13, 2023 In contract -
In contract
Dec 7, 2023 Relisted $255,000
Relisted
Nov 29, 2023 In contract -
In contract
Nov 4, 2023 Price Decreased $255,000
↓ $15K (5.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Poor
  • Building Quality: D
  • Building Style: Modern
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 488
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,552
  • Gross Building Area: 3,368
  • Building Area: 1,552
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,552
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SILVER SPRINGS SHORES
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 16 TWP 16 RGE 23 PLAT BOOK J PAGE 070 SILVER SPRINGS SHORES UNIT 15 BLK 199 LOT 27

Ownership

  • Current Owner : JAIKERAN ALVIN
  • Current Owner 2: TILLACK LEANNA
  • Previous Owner : ANDREWS ALAN
  • Previous Owner 2: ANDREWS MIRANDA
  • Owner Before Previous Owner: SNYDER LYNN
  • Owner Before Previous Owner 2: SNYDER MARY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001211

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 253
  • Parcel: 9015-0199-27
  • Block: 199
  • Lot: 27
  • Meridian: SEC 16 TWN 16S RNG 23E
  • Municipality: SSS
  • Latitude: 29.106
  • Longitude: -82.0071

    Address

  • Full Address: 12 Spring Lake Way
  • Address - House Number: 12
  • Address - Street Name: Spring Lake
  • Address - Suffix Type: Way
  • State: FL
  • City Name: Ocala
  • Carrier Code: R024
  • 4-Digit Zip Code: 2730
  • Zip Code: 34472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,834
  • Tax Rate Code Area: 7011

    Appraisal Valuation

  • Standard Deviation: 0.1005
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 90
  • Final Value: 248,406
  • High Value: 273,373
  • Low Value: 223,439

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $238,687
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Jan 19, 2024
  • First Open Lien Mortgage Loan Amount: $238,687
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2054

    Market Valuation

  • Market Total Value: $156,266
  • Market Land Value: $20,000
  • Market Improvement Value: $136,266

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $102,204

    Sales

  • Current Sale Contract Date: Jan 19, 2024
  • Current Sale Recording Date: Jan 19, 2024
  • Current Sale Transaction ID: 11919724587
  • Current Sale Price: $251,250
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7532
  • Previous Sale Recording Date: Jun 11, 2018
  • Previous Sale Contract Date: Jun 07, 2018
  • Previous Sale Amount: $118,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Jan 19, 2024
  • First Mortgage Loan Amount: $238,687
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: SHAMROCK FINANCIAL CORPRATION
  • Previous Mortgage Transaction Date: Jun 11, 2018
  • Previous Mortgage Loan Amount: $106,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,840 ft²
$130/ft²
$239,900 Jan 3, 2024
$239,900 Jan 25, 2024
$285/mo
House
3 Beds
2 Baths
1,701 ft²
$147/ft²
$250,000 Aug 16, 2023
$250,000 Oct 9, 2023
$82/mo
House
3 Beds
2 Baths
2,035 ft²
$129/ft²
$262,000 Dec 20, 2022
$262,000 Sep 1, 2023
$326/mo
House
3 Beds
2 Baths
1,905 ft²
$136/ft²
$260,000 Jan 28, 2023
$260,000 Oct 5, 2023
$265/mo
House
3 Beds
2 Baths
1,680 ft²
$139/ft²
$232,900 Jul 10, 2023
$232,900 Nov 17, 2023
$241/mo
House
3 Beds
2 Baths
1,935 ft²
$118/ft²
$229,000 May 15, 2023
$229,000 Aug 17, 2023
$335/mo
House
3 Beds
2 Baths
1,970 ft²
$140/ft²
$275,500 Oct 10, 2023
-
$90/mo
House
3 Beds
2 Baths
2,078 ft²
$116/ft²
$240,000 Jan 23, 2024
-
$95/mo
In Contract
House
3 Beds
2 Baths
1,828 ft²
$157/ft²
$287,500 Dec 7, 2023
-
$268/mo
House
3 Beds
2 Baths
1,220 ft²
$213/ft²
$259,900 Jan 16, 2024
-
$200/mo
House
3 Beds
2 Baths
1,627 ft²
$154/ft²
$249,850 Nov 7, 2023
-
$78/mo
House
3 Beds
2 Baths
1,744 ft²
$152/ft²
$264,900 Jul 6, 2023
-
$204/mo

About Silver Springs Shores


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Frequently Asked Questions

When was property at 12 Spring Lake Way built and last sold?
The property at 12 Spring Lake Way was built in 1970 and last sold on Jan 19, 2024 for $251,250.
How much is this home worth?
The estimated value of the home located at 12 Spring Lake Way is $277,858.
What are some comparable homes to 12 Spring Lake Way?
Homes that are comparable to 12 Spring Lake Way include a house property at 561 Silver Course Circle, 12 Clear Lane, 512 Bahia Track Court.

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