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481 Water Run

Ocala, FL 34472

2 bd 1 ba 980 sqft Built 1974 Lot 10,019 sqft single_family
Most recent sale
$198,000
Oct 18, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Oct 18, 2022 Sold $198,000 MLS #OM646077
Sep 15, 2022 Listed $196,500 MLS #OM646077
Aug 12, 2022 Sold $170,000 Public Record
Oct 29, 2021 Sold $95,000 MLS #OM627142
Oct 6, 2021 Listed $98,000 MLS #OM627142

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $108,113 $27,000 $135,113 $2,275
2024 $108,113 $27,000 $135,113 $2,165
2023 $110,014 $19,000 $129,014 $2,769
2022 $71,710 $14,000 $85,710 $1,965
2020 $44,026 $1,269
2019 $40,024 $1,144
2018 $36,385 $1,052
2017 $33,077 $1,002
2016 $30,070 $918
2015 $29,920 $3,400 $27,336 $854
2014 $27,850 $851
2013 $25,318 $788
2012 $26,819 $813
2011 $31,588 $903
2010 $39,163 $1,040
2009 $54,078 $1,289
2008 $70,674 $1,566

Property facts

Year built
1974
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
980 sqft
Lot size
10,019 sqft
ZIP code
34472
City
Ocala
Street
Water Run
Coordinates
29.10484, -82.01706

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,813
Gross rental yield
10.99%
Implied cap rate
7.14%
Trend-extrapolated value

Frequently asked questions

When did 481 Water Run last sell?
481 Water Run most recently sold on Oct 18, 2022 for $198,000.
What is the current tax assessment for 481 Water Run?
The most recent total assessment for 481 Water Run (year 2025) is $135,113 with $2,275 in property tax.
How does 481 Water Run's assessment compare to its last sale price?
The current assessment is 31.8% below the last sale price of $198,000.
When was 481 Water Run built?
481 Water Run was built in 1974.
How does 481 Water Run compare to others on Water Run?
We track 8 other properties on Water Run. Browse the list under "Other properties on Water Run" to compare beds, baths, and sale history.
What are the property facts for 481 Water Run?
481 Water Run is a 2 bed, 1 bath, 980 sqft, 10,019 sqft lot single_family.
Is 481 Water Run a flip candidate?
Yes — 481 Water Run appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 481 Water Run a tax-appeal candidate?
No — 481 Water Run is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+2.5%
Implied 1-yr
+10.0%
2026 Q3
$265.5K
2026 Q4
$271.2K
ZIP 34472 — Median Price History + Forecast

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