When was property at 7 Cherry Lane built and last sold?

The property at 7 Cherry Lane was built in 1986 and last sold on Feb 22, 2024 for $180,000.

How much is this home worth?

The estimated value of the home located at 7 Cherry Lane is $0.

What are some comparable homes to 7 Cherry Lane?

There are currently no comparable homes to 7 Cherry Lane.

Marion

34472

7 Cherry LANE

$180,000

● House - Off Market

7 Cherry LANE

OCALA, FL 34472

3 Beds

2 Baths

1,416 Ft²

$1,088

Est. Monthly

10.22%

Cap Rate

About This Property

Investor opportunity! Great house in need of some love. Features 3 large bedrooms with walk in closets, vaulted ceilings with beams and beautiful skylights. Fireplace. Super cute brick front, two car garage, gorgeous oak tree in a sought after neighborhood in the North Shores.

TONS OF POTENTIAL HERE. Roof 2004, A/C 2014

Unit Size

1,416 Ft²

Days on Market

23 days

Land Size

0.23 acres

Price per sqft

$120

Property Type

House

Property Taxes

$253

HOA Dues

Year Built

1986

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (Stellar MLS #OM672055)

Price History

Date / Event	Date	Event
Feb 29, 2024	Sold	Premium
Sold
Feb 6, 2024	In contract	-
In contract
Feb 2, 2024	Listed by WATSON REALTY CORP	$170,000
Listed by WATSON REALTY CORP
Dec 9, 2013	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Fireplace

Building Info

Overview

General

Year Built: 1986

Effective Year Built: 1986
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: 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: 484
Parking Space Count: 2
Patio Type: 69
Porch Type: 111
Pool Type: 4

Dimensions

Lot Size Square Feet: 10,019

Lot Size Depth Feet: 1,250
Lot Size Frontage Feet: 800
Total Building Area: 1,900
Gross Building Area: 3,068
Building Area: 1,416
Building Area Measurement: L

Heating and Cooling

Fireplace Count: 1

Air Conditioning: 1
Heating: 8
Heated Square Feet: 1,416
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: SILVER SPRINGS SHORES
Land Acres: 0000000230
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 001
Legal Description 1: SEC 19 TWP 15 RGE 23 PLAT BOOK J PAGE 181 SILVER SPRINGS SHORES UNIT 23 BLK 510 LOT 4

Neighborhood

School District Name: Marion County School District

Census Tract: 001208

Zoning

Zoning: R1

Geography

Assessors Map Reference: MAP 232

Parcel: 9023-0510-04
Block: 510
Lot: 4
Meridian: SEC 19 TWN 15S RNG 23E
Municipality: COUNTY - SJRWMD-OR
Latitude: 29.1668
Longitude: -82.0395

Address

Full Address: 7 Cherry Ln

Address - House Number: 7
Address - Street Name: Cherry
Address - Suffix Type: Ln
State: FL
City Name: Ocala
Carrier Code: R016
4-Digit Zip Code: 9072
Zip Code: 34472

Valuation

Tax

Tax Year: 2023

Tax Amount: $303,449
Tax Rate Code Area: 9001

Appraisal Valuation

Standard Deviation: 0.0985

Valuation Date: Mar 13, 2024
Confidence Score: 90
Final Value: 164,847
High Value: 181,098
Low Value: 148,595

Market Valuation

Market Total Value: $198,838

Market Land Value: $19,000
Market Improvement Value: $179,838

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $150,791

Sales

Current Sale Contract Date: Feb 22, 2024

Current Sale Recording Date: Feb 29, 2024
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 25457
Previous Sale Recording Date: Feb 05, 2014
Previous Sale Contract Date: Jan 10, 2014
Previous Sale Document Type: 71

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

Request mortgage information redaction

Comparables

About Marion

Stats & Trends

Median Asking:

$287,900

Sale Price/ft²

$175

Below Asking

0.03%

Average Days on Market

Average Home Size

1874 ft²

Average Home Age

21.2 years

Currently For Sale

5240 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 22 Pecan Pass Run, OCALA, FL, 34472

$1,600 /mo

3 Beds
2 Baths
1,352 ft²

22 Pecan Pass Run, OCALA, FL, 34472 Listing by Jennifer Fudge

Unit for rent at 53 Pecan Run Drive, OCALA, FL, 34472

$1,674 /mo

3 Beds
2 Baths
1,196 ft²

53 Pecan Run Drive, OCALA, FL, 34472 Listing by Danielle Thompson

Unit for rent at 24 Pecan Pass Trail, OCALA, FL, 34472

$1,750 /mo

3 Beds
2 Baths
1,506 ft²

24 Pecan Pass Trail, OCALA, FL, 34472 Listing by Silvia Aizprua

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Brenda Lepper
WATSON REALTY CORP
Last Updated: 3 years ago
Data Source: Stellar MLS, MLS# OM672055

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.

7 Cherry LANE

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Marion

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions