NOT LISTED FOR SALE

507 Fairways Ln Unit A Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $117,156 - $178,000

2 Beds
0.5 Bath
1,266 Sq Ft
$190/mo HOA Fee

Last Sold March 28, 2016

Last sale price $47,000 $37 Per Sq Ft

Est. 188% increase in value since last sale

Current estimated payment $1,117/month

29 Days on Market

Highlights

  • Race Track
  • Community Pool
  • Walk-In Closet
  • Active Adult
  • Covered Patio or Porch
  • Tile Flooring

About This Home

As of March 2016

BEAUTIFUL CONDO IN A 55+ COMMUNITY CLOSE TO SHOPPING AND DINING. THIS TWO BEDROOM, ONE AND ONE HALF BATH OFFERS PLENTY OF LIVING SPACE, WITH A BRAND NEW WALK IN SHOWER (2015), BRAND NEW APPLIANCES (2016) AND THE KITCHEN WAS REMODELED AND UPDATED IN 2009. COMMUNITY HAS POOL AND CLUBHOUSE.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $849

Year Built

  • Built in 1982

Lot Details

  • 436

HOA Fees

  • $190 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,266 Sq Ft Home
  • 1-Story Property
  • Window Treatments

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 0.5 Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Cleared Lot
  • Race Track

Listing and Financial Details

  • Property Available on 2/8/16
  • Tax Lot 102-C
  • Assessor Parcel Number 90497-05-102

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, maintenance structure, ground maintenance
  • Fairways Condominium Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$849

Year Built

Built in 1982

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Frame, Stucco
  • Fireplace: No
  • Living Area: 1266
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1266
  • Lot Size Sq Ft: 596
  • Status: Sold
  • Building Area Total Srch Sq M: 117.62
  • RATIO Current Price By Calculate: 37.12
  • Water Access YN: 0
  • Barn Features: None
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Half Bathrooms: 1
  • Interior Amenities: Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Living Area Meters: 117.62

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Water View YN: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Fee: 190
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 190.00

Lot Info

  • Zoning: PUD Planned Unit Developm
  • Parcel Number: 90497-05-102
  • Additional Parcels: No
  • Lot Features: Cleared, Paved
  • Horse Amenities: None, Race Track

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2016-02-08
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 848.51
  • Tax Book Number: J-425
  • Tax Lot: 102-C

Multi Family

  • Total Num Buildings: 0
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2022
Sold by
Owens Kathy
Bought by
Reardon Brenda M and Meehan Thomas P
Current Estimated Value
$135,289

Purchase Details

Closed on
Jul 21, 2015
Sold by
Mullany Florence R
Bought by
Owens Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,700
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2001
Sold by
Wallace Roy L and Wallace Bonnie M
Bought by
Mullany James P and Mullany Florence R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Reardon Brenda M $25,000 --
Owens Kathy $43,000 Superior Title Ins Agency Ll
Mullany James P $38,000 Ocala Land Title Insurance A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Owens Kathy $38,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2016 03/28/16 Sold $47,000 -5.1% $37 / Sq Ft
03/09/2016 03/09/16 Pending -- -- --
02/08/2016 02/08/16 For Sale $49,500 -- $39 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,638 $114,643 $45,000 $69,643
2024 $1,244 $96,032 -- --
2023 $1,244 $93,235 $35,000 $58,235
2022 $1,478 $54,945 $0 $0
2021 $1,354 $59,286 $20,000 $39,286
2020 $1,239 $49,872 $15,000 $34,872
2019 $1,199 $50,255 $2,691 $47,564
2018 $1,036 $38,205 $2,691 $35,514
2017 $968 $34,116 $2,688 $31,428
2016 $330 $32,311 $0 $0
2015 $884 $30,379 $0 $0
2014 $818 $27,940 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: OM438712

Stellar MLS

APN: 90497-05-102

Florida Marion County Ocala 34472 Silver Spring Shores

507 Fairways Ln Unit A, Ocala, FL

Not Listed for Sale

Condos

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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