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Silver Springs Shores 34472
553 Silver Course LOOP
$150,000
● House - Off Market

553 Silver Course LOOP

OCALA, FL 34472
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,852 Ft²
$188,447
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Room to roam - Large 4 bedroom home, needs a little TLC to make it shine! Fenced back yard, close to shopping and restaurants!
Unit Size
1,852 Ft²
Days on Market
123 days
Land Size
0.33 acres
Price per sqft
$91
Property Type
House
Property Taxes
$215
HOA Dues
-
Year Built
1978

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (Stellar MLS #OM624072)

Price History

Date / Event Date Event Price
Mar 9, 2022 Sold
Premium
Sold
Jan 21, 2022 Listed by BERKSHIRE HATHAWAY HOMETEAM $264,000
Listed by BERKSHIRE HATHAWAY HOMETEAM
Nov 30, 2021 Sold
Premium
Sold
Jul 23, 2021 Listed by BERKSHIRE HATHAWAY HOMETEAM $169,000
Listed by BERKSHIRE HATHAWAY HOMETEAM
Feb 10, 2006 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: 2
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 17
  • Interior Walls Type: 3
  • Roof Shape Type: 1
  • Roof Cover Type: 11
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 428
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 1,480
  • Lot Size Frontage Feet: 970
  • Total Building Area: 2,280
  • Gross Building Area: 2,460
  • Building Area: 1,852
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,852
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER SPRINGS SHORES
  • Land Acres: 0000000330
  • 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 214 SILVER SPRINGS SHORES UNIT 4 BLK 535 LOT 6

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 253
  • Parcel: 9004-0535-06
  • Block: 535
  • Lot: 6
  • Meridian: SEC 9 TWN 16S RNG 23E
  • Municipality: SSS
  • Latitude: 29.1125
  • Longitude: -82.01

    Address

  • Full Address: 553 Silver Course Loop
  • Address - House Number: 553
  • Address - Street Name: Silver Course
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Ocala
  • Carrier Code: R024
  • 4-Digit Zip Code: 8502
  • Zip Code: 34472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $544,258
  • Tax Rate Code Area: 7011

    Appraisal Valuation

  • Standard Deviation: 0.2478
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 65
  • Final Value: 279,303
  • High Value: 348,518
  • Low Value: 210,088

    Market Valuation

  • Market Total Value: $203,110
  • Market Land Value: $20,000
  • Market Improvement Value: $183,110

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $203,110
  • Assessed Land Value: $20,000
  • Assessed Improvements Value: $183,110

    Sales

  • Current Sale Contract Date: Mar 08, 2022
  • Current Sale Recording Date: Mar 09, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 34777
  • Previous Sale Recording Date: Nov 30, 2021
  • Previous Sale Contract Date: Nov 23, 2021
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Silver Springs Shores

Stats & Trends

Median Asking:

$185,000

Sale Price/ft²

$143

Below Asking

0.04%

Average Days on Market

77

Average Home Size

1227 ft²

Average Home Age

44.1 years

Currently For Sale

155 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 7 Pine Trace Terrace, OCALA, FL, 34472

$1,980 /mo

  • 3 Beds
  • 2 Baths
  • 1,440 ft²
7 Pine Trace Terrace, OCALA, FL, 34472 Listing by Fadya Contreras de Rondon
Unit for rent at 128 Hickory Course, OCALA, FL, 34472

$1,895 /mo

  • 3 Beds
  • 2 Baths
  • 1,670 ft²
128 Hickory Course, OCALA, FL, 34472 Listing by Jessica Sciacca

Rentals Near You

Click here to view more rentals in the neighborhood.
STELLAR

Listed by: Marlene Williamson
BERKSHIRE HATHAWAY HOMETEAM
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM624072
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.

Frequently Asked Questions

When was property at 553 Silver Course Loop built and last sold?
The property at 553 Silver Course Loop was built in 1978 and last sold on Mar 8, 2022 for $259,000.
How much is this home worth?
The estimated value of the home located at 553 Silver Course Loop is $263,333.
What are some comparable homes to 553 Silver Course Loop?
There are currently no comparable homes to 553 Silver Course Loop.
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