by Global Lifestyle Properties

See Home Value
Marion 34472
7 Cedar Tree TRACE
$190,000
● House - Off Market

7 Cedar Tree TRACE

OCALA, FL 34472
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,514 Ft²
$1,059
Est. Monthly
9.95%
Cap Rate

About This Property

3/2/1 in a nice area of Silver Springs Shores. Home needs TLC, but This home is perfect for an FHA or Conventional renovation loan. Stainless steel appliances. Roof was replaced in 2019. New water heater and new motor on well pump. This home is a perfect starter home and a good price range for first time home buyers that are having a hard time finding a home in a lower price range. Even with the renovation it will still be affordable. Flex room can be used as another bedroom or family room. nice big back yard with patio. So much potential.
Unit Size
1,514 Ft²
Days on Market
36 days
Land Size
0.25 acres
Price per sqft
$125
Property Type
House
Property Taxes
$126
HOA Dues
-
Year Built
1989

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Stellar MLS #OM675486)

Price History

Date / Event Date Event Price
Apr 30, 2024 Sold
Sold
Apr 5, 2024 In contract -
In contract
Apr 2, 2024 Price Decreased $189,900
↓ $40K (17.4%)
Price Decreased
Mar 25, 2024 Listed by EXP REALTY LLC $229,900
Listed by EXP REALTY LLC
Jun 13, 2019 Sold
Sold
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Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: 4
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • 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: 315
  • Parking Space Count: 1
  • Patio Type: 5
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 860
  • Total Building Area: 1,829
  • Gross Building Area: 2,071
  • Building Area: 1,514
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,514
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER SPRINGS SHORES
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: SEC 08 TWP 16 RGE 23 PLAT BOOK J PAGE 083 SILVER SPRINGS SHORES UNIT 9 BLK 76 LOT 11

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 001204

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: MAP 234
  • Parcel: 9009-0076-11
  • Block: 76
  • Lot: 11
  • Meridian: SEC 8 TWN 16S RNG 23E
  • Municipality: COUNTY - SJRWMD-OR
  • Latitude: 29.1185
  • Longitude: -82.0359

    Address

  • Full Address: 7 Cedar Tree Trce
  • Address - House Number: 7
  • Address - Street Name: Cedar Tree
  • Address - Suffix Type: Trce
  • State: FL
  • City Name: Ocala
  • Carrier Code: R071
  • 4-Digit Zip Code: 8358
  • Zip Code: 34472

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $150,933
  • Tax Rate Code Area: 9001

    Appraisal Valuation

  • Standard Deviation: 0.2534
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 64
  • Final Value: 245,616
  • High Value: 307,857
  • Low Value: 183,374

    Market Valuation

  • Market Total Value: $188,665
  • Market Land Value: $20,000
  • Market Improvement Value: $168,665

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $113,314

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 10, 2019
  • Current Sale Recording Date: Jun 13, 2019
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2019060990
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

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

About Marion


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 478 Water Place, OCALA, FL, 34472

$1,650 /mo

  • 3 Beds
  • 2 Baths
  • 1,228 ft²
478 Water Place, OCALA, FL, 34472 Listing by Paul Chisholm
Unit for rent at 12 Cedar Trace Terrace, OCALA, FL, 34472

$1,795 /mo

  • 3 Beds
  • 2 Baths
  • 1,450 ft²
12 Cedar Trace Terrace, OCALA, FL, 34472 Listing by Jeff Williams
Unit for rent at 22 Laurel Drive, OCALA, FL, 34480

$1,697 /mo

  • 3 Beds
  • 2 Baths
  • 1,036 ft²
22 Laurel Drive, OCALA, FL, 34480 Listing by Adan Ordonez


Frequently Asked Questions

When was property at 7 Cedar Tree Trace built and last sold?
The property at 7 Cedar Tree Trace was built in 1989 and last sold on Jun 10, 2019 for $127,000.
How much is this home worth?
The estimated value of the home located at 7 Cedar Tree Trace is $191,357.
What are some comparable homes to 7 Cedar Tree Trace?
There are currently no comparable homes to 7 Cedar Tree Trace.