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Sold for $305,000
    • $305,000

    16397 SE 5TH STREET, SILVER SPRINGS, FL 34488

    4beds
    2,640sqft
    Single Family Residence
    Built in 1987
    1.05 Acres Lot
    $305,000 Zestimate®
    $116/sqft
    $2,203 Estimated rent

    Home value

    $305,000

    $284,000 - $326,000

    $2,203/mo

    Zestimate® history
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    What's special

    Vaulted ceilings
    Exquisite Two-story Lake Front home nestled in the Ocala National Forest, close to a myriad of crystal-clear natural springs, like Juniper Springs, Alexander Springs, Salt Springs and more. Juniper Springs is only 14 minutes away. Property features a lakefront pier and dock with a lazy swing for Morning Sunrise Coffee or Evening Sunset Cocktails. Home features a chef’s kitchen with a large pantry, and an open floorplan for entertainment and relaxation. The enclosed porch opens up from the living room on both sides of the Fireplace with views of the Lake. Second floor master overlooking the Lake front has vaulted ceilings, skylight and fireplace. Fourth bedroom can be used for an in-home office. R-4 ZONING! POSSIBLE HOME-BASED BUSINESS OR LAKE FRONT VACATION RENTAL! Check out website for Juniper Springs!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lance Schenker 352-362-1224,

    BILL RODGERS REALTY 352-629-7506,

    Patricia Schenker 352-362-1225,

    BILL RODGERS REALTY

    Bought with:

    Pete Baldwin, 3369407

    ROYAL REALTY REAL ESTATE, LLC

    Source: Stellar MLS,MLS#: OM728504MLS LogoOriginating MLS: Ocala - Marion

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Primary bedroom
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: Second
    • Area: 342 Square Feet
    • Dimensions: 19x18
    Bedroom 2
    • Features: Built-in Closet
    • Level: Second
    • Area: 117 Square Feet
    • Dimensions: 9x13
    Bedroom 3
    • Features: Built-in Closet
    • Level: First
    • Area: 99 Square Feet
    • Dimensions: 9x11
    Bedroom 4
    • Features: Built-in Closet
    • Level: First
    • Area: 132 Square Feet
    • Dimensions: 11x12
    Dining room
    • Level: First
    • Area: 120 Square Feet
    • Dimensions: 10x12
    Kitchen
    • Level: First
    • Area: 156 Square Feet
    • Dimensions: 13x12
    Living room
    • Level: First
    • Area: 406 Square Feet
    • Dimensions: 14x29
    Heating
    • Heat Pump
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Cooktop, Dishwasher, Dryer, Range, Refrigerator, Washer
    • Laundry: Laundry Room
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s), Open Floorplan, Split Bedroom, Walk-In Closet(s)
    • Flooring: Carpet, Ceramic Tile
    • Windows: Skylight(s)
    • Has fireplace: Yes
    • Fireplace features: Living Room
    Interior area
    • Total structure area: 2,640
    • Total interior livable area: 2,640 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Enclosed
    • Exterior features: None
    • Has view: Yes
    • View description: Water, Lake
    • Has water view: Yes
    • Water view: Water,Lake
    • Waterfront features: Lake Front, Lake Privileges, Fishing Pier
    • Body of water: LAKE OWEN
    Lot
    • Size: 1.05 Acres
    • Residential vegetation: Oak Trees
    Details
    • Parcel number: 3238901900
    • Zoning: R4
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Wood Frame
    • Foundation: Slab
    • Roof: Metal
    Condition
    • New construction: No
    • Year built: 1987

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Well
    • Utilities for property: Electricity Connected, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: OWEN LAKE HEIGHTS
    HOA
    • Has HOA: No
    Location
    • Region: Silver Springs

    Financial & listing details

    • Price per square foot: $116/sqft
    • Tax assessed value: $392,047
    • Annual tax amount: $1,468
    • Date on market: 7/15/2026
    • Cumulative days on market: 8 days
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Unimproved

    Price history

    DateEventPrice
    8/14/2026Sold$305,000-4.7%$116/sqft
    Source: Stellar MLS #OM728504 Report a problem
    8/11/2026Listed for sale$320,000$121/sqft
    Source: Stellar MLS #OM728504 Report a problem
    7/23/2026Contingent$320,000$121/sqft
    Source: Stellar MLS #OM728504 Report a problem
    7/15/2026Listed for sale$320,000+79.5%$121/sqft
    Source: Stellar MLS #OM728504 Report a problem
    11/23/2015Sold$178,300-4.1%$68/sqft
    Source: Public Record Report a problem
    5/24/2015Listing removed$185,900$70/sqft
    Source: Bill Rodgers Realty #413245 Report a problem
    2/1/2015Listed for sale$185,900$70/sqft
    Source: Bill Rodgers Realty #413245 Report a problem
    11/1/2014Listing removed$185,900$70/sqft
    Source: Bill Rodgers Realty #413245 Report a problem
    9/10/2014Listed for sale$185,900-3.7%$70/sqft
    Source: Bill Rodgers Realty #413245 Report a problem
    1/29/2014Listing removed$193,000$73/sqft
    Source: Bill Rodgers Realty #395405 Report a problem
    8/29/2013Listed for sale$193,000-29.8%$73/sqft
    Source: Bill Rodgers Realty #395405 Report a problem
    7/6/2006Sold$275,000$104/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$1,529 +18.5%$110,985 +2.9%
    2024$1,290 +3.2%$107,857 +3%
    2023$1,250 +3.5%$104,716 +3%
    2022$1,208 +1.1%$101,666 +3%
    2021$1,195 +1.2%$98,705 +1.4%
    2020$1,181 +2.1%$97,342 +2.3%
    2019$1,156 $95,153 -27.4%
    2018$1,156 -51.1%$131,032 +2.1%
    2017$2,365 +774.2%$128,380 +3.3%
    2016$271 $124,237 +5.6%
    2015$271 $117,598 +0.8%
    2014$271 $116,665 +1.5%
    2013$271 $114,941 -2.2%
    2012$271 +0.9%$117,552 -0.8%
    2011$268 $118,445 -24.3%
    2010$268 $156,387 -7.1%
    2009$268 $168,257 -4.2%
    2008$268 +4.3%$175,555 -27.5%
    2007$257 -87.8%$241,989 +115%
    2006$2,100 +107.8%$112,549 +30.8%
    2005$1,011 $86,057 +23.7%
    2004$1,011 +1%$69,596 +4.3%
    2002$1,001 +9.2%$66,699 +4.6%
    2001$917 $63,737
    2000$917 $63,737
    Find assessor info on the county website

    Neighborhood: 34488

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    Estimated market value
    $305,000
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    Estimated market value
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