197 Oak Lane

Ocala, FL 34472

$212,000
Price
3
Beds
2
Baths
1,357 Sq. Ft.
$156 / Sq. Ft.
1,357
Sq. Ft.
$156
per Sq. Ft.

Description

Auction Property. Embark on your real estate journey with this enticing bank-owned fixer-upper in Ocala! Boasting three bedrooms, two bathrooms, and central air conditioning, this property presents an exceptional opportunity for fix and flip investors, rental property owners, or first-time buyers looking to customize their living space. With a two-car attached garage and additional parking, convenience is at your doorstep,
ensuring ample vehicle space and storage needs. Nestled on approximately 0.29
...Auction Property. Embark on your real estate journey with this enticing bank-owned fixer-upper in Ocala! Boasting three bedrooms, two bathrooms, and central air conditioning, this property presents an exceptional opportunity for fix and flip investors, rental property owners, or first-time buyers looking to customize their living space. With a two-car attached garage and additional parking, convenience is at your doorstep,
ensuring ample vehicle space and storage needs. Nestled on approximately 0.29 acres, there's plenty of room for outdoor enjoyment or potential expansion, making this property an attractive investment option in Ocala's bustling real estate market. Beyond its promising real estate prospects, Ocala offers many outdoor recreational activities, entertainment venues, and culinary delights to explore. Outdoor enthusiasts can indulge in activities such as horseback riding through the Ocala National Forest or hiking along scenic trails at Silver Springs State Park. For entertainment, immerse yourself in the vibrant arts scene with performances at the Ocala Civic Theatre or catch live music at local venues. With its blend of outdoor adventures, cultural experiences, and culinary delights, Ocala offers a lifestyle that caters to every interest, making this fixer-upper an enticing opportunity to invest in the heart of Florida's horse country. All potential Buyers are requested to check with the City, County, Zoning, Tax, schools, and other records
needed to determine all details on this property listed above to their satisfaction. The Buyer is responsible
for performing their due diligence before bidding. This is an AS-IS, REO property.
  1. Listed by Drew Hershey • REALHOME SERVICE & SOLUTIONS I

Property Details for 197 Oak Lane

Architectural Style
Ranch
Subdivision Name
SILVER SPGS SHORES UN 50
Township
16S
Garage Spaces
2
View
Trees/Woods
Waterfront
No

Location

Listing Courtesy of REALHOME SERVICE & SOLUTIONS I
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LISTING UPDATED: 04/23/2024 03:58 PM

Property Details for 197 Oak Lane

StatusActive
MLS #O6194429
Days on Market27
Taxes$1,767 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2018
Lot Size0.29 AC / 12,632 SF
CountyMarion County

Location

Listing Courtesy of REALHOME SERVICE & SOLUTIONS I
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Building Information for 197 Oak Lane

Stories1Year Built2018Building Size-Lot Size0.29 AC / 12,632 SF

Payment Calculator

$1,304 per month

30 year fixed, 7.25% Interest

Principal and Interest

$1,157

Property Taxes

$147

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 197 Oak Lane

Summary
Location and General Information
  • Building Area Source: Appraiser
  • Building Area Total: 1357.0
  • Building Area Units: Square Feet
  • Direction Faces: North
  • Directions: From Locust Land and Locust Road, head west on Locust Rd toward Locust Lane Pass, and turn right on Oak Ln. The home will be on the left.
  • Mls Major Change Type: New Listing
  • Major Change Type: New Listing
  • Listing Service: Limited Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 197
  • Street Name: OAK
  • Street Suffix: LANE
  • State: FL
  • City: OCALA
Parking
  • Attached Garage: Yes
  • Available For Lease: Yes
  • Carport: No
  • Garage Dimensions: 20x21
  • Garage: Yes
Taxes and HOA Information
  • Association: No
  • CDD: No
  • Tax Block: 1591
  • Tax Book Number: J-354SILVER
  • Tax Legal Description: SEC 23 TWP 16 RGE 23 PLAT BOOK J PAGE 354 SILVER SPRINGS SHORES UNIT NO 50 BLK 1591 LOT 1
  • Tax Lot: 1
  • Tax Year: 2023
Virtual Tour
Property
Lot Information
  • Additional Parcels: No
  • Lot Size Dimensions: 85x150
  • Parcel Number: 9050-1591-01
  • Total Acreage: 1/4 to less than 1/2
  • Water Access: No
  • Water Extras: No
  • Zoning: R1
  • Living Area: 1357
  • Lot Dimensions: 85x150
Property and Assessments
  • Year Built Numeric: 2018
  • Flood Zone Code: X
  • Home Warranty: No
  • Homestead: Yes
  • New Construction: No
  • Property Attached: No
  • Property Condition: Fixer
  • Public Survey Range: 23E
  • Public Survey Section: 23
Utilities
  • Sewer: Septic Tank
  • Utilities: Public
  • Water Source: See Remarks, Well
Interior and Exterior Features
Exterior Features
  • Construction Materials: Concrete
  • Exterior Features: Other
  • Foundation Details: Slab
  • Levels: One
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Waterfront Feet Total: 0
  • Number Of Stories: 1
Interior Features
  • Bedrooms Total: 3
  • Bathrooms Full: 2
  • Appliances: Other
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Heating: Gas
  • Interior Features: Other
  • Laundry Features: In Garage
  • Living Area Source: Appraiser
  • Living Area Units: Square Feet
  • Room Count: 7.0
  • Water View: No
  • Bathrooms Half: 0
Room 1
  • Room Dimensions 1: 15x15
  • Room Level 1: First
  • Room Type 1: Primary Bedroom
Room 2
  • Room Dimensions 2: 15x15
  • Room Level 2: First
  • Room Type 2: Bedroom 2
Room 3
  • Room Dimensions 3: 6x6
  • Room Level 3: First
  • Room Type 3: Bathroom 1
Room 4
  • Room Dimensions 4: 6x6
  • Room Level 4: First
  • Room Type 4: Bathroom 2
Room 5
  • Room Dimensions 5: 6x6
  • Room Level 5: First
  • Room Type 5: Kitchen
Room 6
  • Room Dimensions 6: 15x15
  • Room Level 6: First
  • Room Type 6: Bedroom 3
Room 7
  • Room Level 7: First
  • Room Type 7: Living Room

Property History for 197 Oak Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 197 Oak Lane

Taxable ValueLand$14,000Additions$115,678Total$129,678
Tax Record2023$1,767 ($147 / month)
Home Facts
Beds3Baths2Total Finished SqFt1,343 SqFtAbove Grade Finished SqFt1,343 SqFtStories1Lot Size12,632 SqFtStyleSingle Family ResidenceYear Built2018Year Renovated2022ZoningR1CountyMARIONAPN9050-1591-01

Schools near 197 Oak Lane

This home is within Marion.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 5
Rating
School
Distance
Emerald Shores Elementary School
PublicPK to 5

Lake Weir Middle School
Public6 to 8

Lake Weir High School
Public9 to 12

Marion Charter School
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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197 Oak Lane is a single family home for sale in Ocala, FL 34472. This property was listed for sale on April 7, 2024 by REALHOME SERVICE & SOLUTIONS I, it's currently listed at $212,000. It has been on the market for a total of 27 days and was last sold on November 2, 2018. This listing's school district is Marion. Nearby schools include Emerald Shores Elementary School, Lake Weir Middle School and Lake Weir High School. 197 Oak Lane is a 3-bed, 2-bath, 1,357 sqft single family home built in 2018.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REALHOME SERVICE & SOLUTIONS I

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.