NOT LISTED FOR SALE

507 Fairways Ln Unit A Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $116,277 - $140,000

2 Beds
0.5 Bath
1,266 Sq Ft
436 Sq Ft Lot Lot

Sale Details

Date Sold: March 28, 2016

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

Est. 168% increase in value since last sale

Current estimated payment $1,092 / mo

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

436 Sq Ft Lot

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
$125,845

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
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

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

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Stellar MLS 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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