When was property at 5 Spring Lake Place built and last sold?

The property at 5 Spring Lake Place was built in 1974 and last sold on Apr 13, 2021 for $132,000.

How much is this home worth?

The estimated value of the home located at 5 Spring Lake Place is $0.

What are some comparable homes to 5 Spring Lake Place?

There are currently no comparable homes to 5 Spring Lake Place.

Silver Springs Shores

34472

5 Spring Lake PLACE

$180,000

● House - Off Market

5 Spring Lake PLACE

OCALA, FL 34472

2 Beds

2 Baths

1,180 Ft²

$1,251

Est. Monthly

6.17%

Cap Rate

About This Property

This 2-bedroom, 2-bathroom home with a 2-car garage is nestled on a quiet cul-de-sac. Needs some TLC, you can make this home your own with some flooring and paint. Located just a stone's throw from the community center and serene lake, this home offers the perfect blend of convenience and tranquility. Sitting on a generous 1/3-acre lot, the property boasts a shady backyard, ideal for relaxation.

Inside, you'll find an open floor plan with no carpet, a spacious utility room with a washer and dryer, and a delightful Florida room. The garage includes two bays, with one oversized, providing ample storage space, along with a backyard shed for additional convenience.

The bathrooms have been tastefully updated, adding a modern touch to this charming home. Located close to shopping, dining, medical offices, and even The Villages, this home offers both comfort and accessibility. Don't miss out on this opportunity-schedule your appointment today to truly appreciate all this home has to provide

Unit Size

1,180 Ft²

Days on Market

141 days

Land Size

0.30 acres

Price per sqft

$160

Property Type

House

Property Taxes

$323

HOA Dues

Year Built

1974

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (Stellar MLS #OM684296)

Price History

Date / Event	Date	Event
Jan 8, 2025	Sold	Premium
Sold
Nov 2, 2024	In contract	-
In contract
Oct 30, 2024	Price Decreased	$189,000 ↓ $5K (2.6%)
Price Decreased
Oct 27, 2024	Relisted	$194,000
Relisted
Oct 12, 2024	In contract	-
In contract
Sep 22, 2024	Relisted	$194,000
Relisted
Sep 18, 2024	In contract	-
In contract
Aug 20, 2024	Listed by ENGEL & VOLKERS OCALA	$199,000
Listed by ENGEL & VOLKERS OCALA
Apr 20, 2021	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1974

Effective Year Built: 1974
Building Count: 1
Bedroom Count: 2
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 8
Building Condition: 4
Building Quality: 10
Construction Type: 0
Building Style: 10
Exterior Walls Type: 7
Interior Walls Type: 3
Roof Shape Type: 1
Roof Cover Type: 5
Floor Count: 100
Living Units: 1
Floor Cover: 9
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 672
Parking Space Count: 2
Patio Type: 59
Porch Type: 102
Pool Type: 0

Dimensions

Lot Size Square Feet: 13,068

Lot Size Depth Feet: 1,310
Lot Size Frontage Feet: 1,000
Total Building Area: 1,852
Gross Building Area: 2,038
Building Area: 1,180
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 8
Heated Square Feet: 1,180
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: SILVER SPRINGS SHORES
Land Acres: 0000000300
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 001
Legal Description 1: SEC 09 TWP 16 RGE 23 PLAT BOOK J PAGE 070 SILVER SPRINGS SHORES UNIT 15 BLK 199 LOT 11

Neighborhood

School District Name: Marion County School District

Census Tract: 001211

Zoning

Zoning: R1

Geography

Assessors Map Reference: MAP 253

Parcel: 9015-0199-11
Block: 199
Lot: 11
Meridian: SEC 9 TWN 16S RNG 23E
Municipality: SSS
Latitude: 29.1081
Longitude: -82.007

Address

Full Address: 5 Spring Lake Pl

Address - House Number: 5
Address - Street Name: Spring Lake
Address - Suffix Type: Pl
State: FL
City Name: Ocala
Carrier Code: R024
4-Digit Zip Code: 2725
Zip Code: 34472

Valuation

Tax

Tax Year: 2023

Tax Amount: $387,301
Initial Tax Delinquent Year: 2021
Tax Rate Code Area: 7011

Appraisal Valuation

Standard Deviation: 0.2594

Valuation Date: Jan 31, 2024
Confidence Score: 63
Final Value: 178,059
High Value: 224,261
Low Value: 131,857

Market Valuation

Market Total Value: $123,571

Market Land Value: $20,000
Market Improvement Value: $103,571

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $110,730

Sales

Current Sale Contract Date: Apr 13, 2021

Current Sale Recording Date: Apr 20, 2021
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2021051532

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Silver Springs Shores

Stats & Trends

Median Asking:

$184,950

Sale Price/ft²

$143

Below Asking

0.04%

Average Days on Market

Average Home Size

1230 ft²

Average Home Age

42.9 years

Currently For Sale

116 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 7817 Midway Drive Terrace, FL, 34472

$1,300 /mo

1 Bed
1 Bath
729 ft²

7817 Midway Drive Terrace #A103, FL, 34472 Listing by Jennifer Arango

Unit for rent at 2 Pine Court, OCALA, FL, 34472

$1,350 /mo

3 Beds
2 Baths
1,152 ft²

2 Pine Court, OCALA, FL, 34472 Listing by Gregory Pittas

Unit for rent at 54 Pine Track, OCALA, FL, 34472

$1,300 /mo

2 Beds
2 Baths
832 ft²

54 Pine Track #104F, OCALA, FL, 34472 Listing by Julie Martinez

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Tamara Myers
ENGEL & VOLKERS OCALA
Last Updated: 2 years ago
Data Source: Stellar MLS, MLS# OM684296

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

5 Spring Lake PLACE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Silver Springs Shores

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions