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485 Water Way

Ocala, FL 34472

3 bd 2 ba 1,691 sqft Built 1974 Lot 11,326 sqft single_family
Most recent sale
$206,550
Sep 7, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 7, 2022 Sold $206,550 MLS #O6046875
Jul 30, 2022 Relisted $184,000 MLS #O6046875

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $145,534 $27,000 $172,534 $3,729
2024 $145,534 $27,000 $172,534 $3,703
2023 $158,943 $19,000 $177,943 $3,686
2021 $101,359 $9,000 $110,359 $2,489
2020 $51,499 $840
2019 $50,341 $836
2018 $49,402 $802
2017 $48,386 $783
2016 $47,391 $748
2015 $54,577 $3,400 $47,062 $741
2014 $47,652 $733
2013 $46,948 $716
2012 $50,713 $776
2011 $58,054 $834
2010 $70,330 $922
2009 $86,234 $1,147
2008 $109,066 $1,540

Property facts

Year built
1974
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,691 sqft
Lot size
11,326 sqft
ZIP code
34472
City
Ocala
Street
Water Way
Coordinates
29.10510, -82.01581

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
$1,239
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 485 Water Way last sell?
485 Water Way most recently sold on Sep 7, 2022 for $206,550.
What is the current tax assessment for 485 Water Way?
The most recent total assessment for 485 Water Way (year 2025) is $172,534 with $3,729 in property tax.
How does 485 Water Way's assessment compare to its last sale price?
The current assessment is 16.5% below the last sale price of $206,550.
When was 485 Water Way built?
485 Water Way was built in 1974.
How does 485 Water Way compare to others on Water Way?
We track 5 other properties on Water Way. Browse the list under "Other properties on Water Way" to compare beds, baths, and sale history.
What are the property facts for 485 Water Way?
485 Water Way is a 3 bed, 2 bath, 1,691 sqft, 11,326 sqft lot single_family.
Is 485 Water Way a flip candidate?
No — 485 Water Way does not appear in our flips dataset.
Is 485 Water Way a tax-appeal candidate?
No — 485 Water Way 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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