23 days on rocket

197 Oak Ln, Ocala, FL, 34472

$212,000

Home List Price

$2,518*

Closing Credit

3 Bedrooms
2 Full Baths
1,357 SqFt
$156/SqFt
House
Schools Nearby

Location

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197 Oak Ln, Ocala$212,000

Buyer Closing Credits

$2,518*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2018
HeatingNatural Gas
CoolingCentral Air
ViewTrees/Woods
MLS #O6194429
Lot Size0.29 Acres
StatusActive

About 197 Oak Ln

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 2018
  • Stories: 1
  • Living Area: 1,357 SqFt

Listing Office:

  • Office Name: REALHOME SERVICE & SOLUTIONS I
  • Office Phone: (770) 937-5747
  • Listing Agent: Drew Hershey

Interior Features

Interior Information:

  • Appliances: Other
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Trees/Woods
  • Exterior: Other

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 197 Oak Ln

Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Lake Weir High School, Public Magnet Grades 9-12
  • Lake Weir Middle School, Public District Grades 6-8
  • Emerald Shores Elementary School, Public District Grades PK-5

Other

Directions Information:

  • 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.

Price Information

Listing Price Info

Price Summary:

  • List Price: $212,000
  • Price Per SqFt: $156/SqFt

Tax Information:

  • Annual Amount: $1,691
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ocala, FL.

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Ocala, FL

City

Med. Sold Price

$279.8K

Med. Price/SqFt

$173

Avg. Days On Market

61

# of Sold Homes

587

197 Oak Ln vs Ocala

23 DAYS ON ROCKET

-38 Days

$212,000

-$67.8K Less

$156/SqFt

-$17 Less

KEY TAKEAWAY

This property is $67.8K less than the Median Sold Price and $17/SqFt less than other homes in Ocala, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6194429

Listing Office:

  • Office Name: REALHOME SERVICE & SOLUTIONS I
  • Office Phone: (770) 937-5747
  • Listing Agent: Drew Hershey

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/1/2024, 11:49:16 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 06, 2018Home Sold
$137,900

Tax History

YEARPROP. TAXASSESSMENT
2020$1,691$120,546
2018$129$4,000
2017$98$2,200

History based on county public records data.

Payment Calculator

$1,126

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$702

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4533779
5
/10

  • Emerald Shores Elementary School

  • 404 Emerald Rd

  • 2.16 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4533780
2
/10

  • Lake Weir Middle School

  • 10220 SE Sunset Harbor Rd

  • 6.39 miles

  • Public District Grades 6-8

High School

school-card-donut-4533781
2
/10

  • Lake Weir High School

  • 10351 SE Maricamp Rd

  • 0.93 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $37,619. Typical income of Ocala, FL residents is less than $35k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 197 Oak Ln

What is the listing price of this property?

The listing price of 197 Oak Ln property is $212,000.

What type of property is this?

The property 197 Oak Ln is a house located in Ocala, Florida, 34472.

Is this property for sale now?

Active Listing: 197 Oak Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 197 Oak Ln are:
Emerald Shores Elementary School: GreatSchools Rating 5/10
Lake Weir Middle School: GreatSchools Rating 2/10
Lake Weir High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,691 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on November 6, 2018 for $137,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 197 Oak Ln has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 197 Oak Ln is 1,357 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 197 Oak Ln is 2018.

Rocket Homes›Florida›Marion County›Ocala›34472›197 Oak Ln

This home is located at 197 Oak Ln in Ocala, FL and zip code 34472 in the Silver Springs Shores neighborhood. This 1,357 square foot home, which was built in 2018, sits on a 0.29 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 09, 2024 and is currently priced at $212,000.

In April 2024 more than 78 listings in Ocala, FL were sold above the asking price. During the same period more than 198 listings were sold at asking price, while more than 311 were sold below. In April 2024 in Ocala, FL there were 2.3% less homes for sale than in March 2024. In April 2024, listings were on the market for 61 days. During the same period, the median list price in this real estate market was $279,822.

From Rocket Homes Real Estate and based on county public records data.

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