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197 Oak Lane, Ocala, FL 34472
$202,000
197 Oak Lane, Ocala, FL 34472View this property at 197 Oak Lane, Ocala, FL 34472
197 Oak LaneOcalaFL34472
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Property 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 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.
Full Property Details
Full Property Details for 197 Oak Ln
General
- Price: $202,000
- Taxes: $1,766 (2023)
- Status: Active
- Type: Single Family
- MLS ID: O6194429
- Updated: 5/14/2024
- Added to Site: 54 day(s) ago
Rental Information
- Min. Lease: No Minimum
Interior
- Number of Rooms: 7
- Interior Features: Other
- Appliances: Other
- Flooring: Carpet, Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Garage
Exterior
- Exterior Features: Other
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
Location
- Area: 34472 - Ocala
- County: Marion
- Development Name: 34472 - Ocala
- Subdivision: SILVER SPGS SHORES UN 50
- Driving 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.
- Direction Faces: North
Community
- Community Name: 34472 - Ocala
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Natural Gas
Utilities
- Sewer: Septic Tank
- Water: See Remarks, Well
- Utility Description: Public
Structural Information
- Architectural Info: Ranch
- Architectural Style: Ranch
- Exterior Const.: Concrete
- Roof: Shingle
- Stories/Levels: One
- Square Feet: 1,357
- Sq. Ft. Source: Appraiser
- Year Built: 2018
Lot Features
- Property View: Trees/Woods
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,632
- Lot Size: 12632
- Lot Dimensions: 85 x 150
- Street/Road Desc.: Asphalt
Financial Considerations
- Tax Amount: $1,766.88
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
- Special Conditions: Auction, Real Estate Owned
- Legal Description: SEC 23 TWP 16 RGE 23 PLAT BOOK J PAGE 354 SILVER SPRINGS SHORES UNIT NO 50 BLK 1591 LOT 1
- Flood Zone Info: X
- Disclosures/Reports: Lead Paint
- APN: 9050159101
- Property ID: 9050159101
- Block/Lot/Section: 1591
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Schools
Schools serving 197 Oak Ln
School District:Marion County School District
Rating | Name | Grades | Distance |
---|---|---|---|
404 Emerald Rd, Ocala, FL 34472 | PK-5 | 2.1 mi | |
10220 Se Sunset Harbor Rd, Summerfield, FL 34491 | 6-8 | 6.3 mi | |
10351 Se Maricamp Rd, Ocala, FL 34472 | 9-12 | 0.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 197 Oak Ln
Date
Details
Price
Change
Source
5/14/2024
Price Reduced
$202,000
-4.72%
MLS
4/08/2024
Listed
$212,000
53.73%
MLS
11/02/2018
Sold
$137,900
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 197 Oak Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$1,767
4%
$129,678
6%
2021
$1,707
—
$122,234
-3%
2022
$1,715
—
$125,901
4%
2021
$1,707
3%
$120,546
2%
2019
$1,663
1179%
$117,836
2846%
2018
$130
21%
$4,000
82%
2017
$107
9%
$2,200
10%
2016
$98
-18%
$2,000
-36%
2015
$119
4%
$3,112
10%
2014
$114
6%
$2,829
10%
2013
$108
—
$2,572
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 197 Oak Ln
197 Oak Lane, Ocala, FL 34472 (MLS# O6194429) is a Single Family property with 3 bedrooms and 2 full bathrooms. 197 Oak Lane is currently listed for $202,000 and was received on April 08, 2024. Want to learn more about 197 Oak Lane? Do you have questions about finding other Single Family real estate for sale in Ocala? You can browse all Ocala real estate or contact a Coldwell Banker agent to request more information.