NOT LISTED FOR SALE

507 Fairways Ln Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $115,000 - $128,000

2 Beds
1.5 Baths
1,058 Sq Ft
$188/mo HOA Fee

Last Sold February 12, 2019

Last sale price $58,000 $55 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $917/month

Highlights

  • Gunite Pool
  • Landscaped with Trees
  • Ceiling Fan
  • Senior Community
  • Central Air
  • Carpet

About This Home

As of February 2019

This upstairs 2 bedroom 1 1/2 bath condo features one of the largest floorplans in all of the condos. You can enjoy 1107 square feet under air and an enclosed lanai offering an additional 120 square feet. Includes an inside laundry room that fits a full size washer and dryer. Condo offers you carpeting and vinyl flooring throughout. Enjoy the fantastic view of the common area and community pool for Fairways #7. HOA fees include insurance and maintenance on the building, lawncare, community pool, garbage pickup and basic cable tv. Close to shopping and 2 semiprivate golf courses.

Last Agent to Sell the Property

Nancy Hutchinson

SUNBURST PROPERTIES License #0379775 Listed on: 02/04/2019

Co-Listed By

Scott Hutchinson

SUNBURST PROPERTIES License #3157009

Last Buyer's Agent

Susan Fetter

SIMPLICITY: A RE BROKERAGE CO License #3334044

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $368

Year Built

  • Built in 1982

Lot Details

  • Irrigation
  • Cleared Lot
  • Landscaped with Trees

HOA Fees

  • $188 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,058 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms

Pool

  • Gunite Pool

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Property Available on 2/4/19
  • Assessor Parcel Number 90497-05-202

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, insurance, 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

$368

Year Built

Built in 1982

Lot Details

0

HOA Fees

$188 per month

Listing Details

  • HOA Fee Includes: Cable TV, Insurance, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Frame, Stucco
  • Fireplace: No
  • Living Area: 1058
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 1263
  • Lot Size Sq Ft: 598
  • Directions to Property: 464 East, Turn Left @ Midway Rd (CVS & Walgreens), turn right on Silver Rd, Left on Silver Crse Radial, Right on Silver Crse, Left on Fairways Lane to Bldg 5 on your right. Please use guest parking.
  • Status: Sold
  • Co List Office Mls Id: MFR271500161
  • Co List Office Phone: 352-622-9536
  • List Office Head Office Key Nume: 529793749
  • RATIO Current Price By Calculate: 54.82
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Unit Number YN: 1
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2019-03-29T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 507
  • Room Count: 0

Exterior Features

  • Pool Features: Gunite
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Septics: 0
  • Number of Wells: 0

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Fee: 188.21
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 188.21

Lot Info

  • Zoning: R-3 Mulitple Family Dwell
  • Parcel Number: 90497-05-202
  • Additional Parcels: No
  • Lot Features: Cleared, In County
  • Homestead YN: 0

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2019-02-04
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 367.72
  • Tax Book Number: J-425

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2025
Sold by
Annello Kathleen
Bought by
Annello James
Current Estimated Value
$120,238

Purchase Details

Closed on
Sep 3, 2020
Sold by
Lindor Mesidor
Bought by
Annello James and Annello Kathleen

Purchase Details

Listed on
Feb 4, 2019
Closed on
Feb 12, 2019
Sold by
Addington Gene and Addington Judith A
Bought by
Lindor Mesidor
Seller's Agent
Nancy Hutchinson
SUNBURST PROPERTIES
Buyer's Agent
Susan Fetter
SIMPLICITY: A RE BROKERAGE CO
List Price
$60,500
Sold Price
$58,000
Premium/Discount to List
-$2,500
-4.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.42%

Purchase Details

Closed on
Mar 31, 2005
Sold by
Martin Carolyn and Colesanti Richard
Bought by
Addington Gene and Addington Judith A

Purchase Details

Closed on
Jun 13, 2000
Sold by
Vreeland John H and Vreeland Ruth M
Bought by
Martin Carolyn and Colesanti Theresa

Purchase Details

Closed on
Mar 24, 2000
Sold by
Vreeland John H and Vreeland Ruth M
Bought by
Martin Carolyn and Colesanti Deborah
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Annello James $100 None Listed On Document
Annello James $60,500 Marion Lake Sumter Title Llc
Lindor Mesidor $58,000 First American Title Ins Co
Addington Gene $65,000 Ocala Land Title Insurance A
Martin Carolyn -- All American Land Title Ins
Martin Carolyn $41,000 All American Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Addington Gene $62,800
Previous Owner Addington Lloyd G $69,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/12/2019 02/12/19 Sold $58,000 -4.1% $55 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
02/04/2019 02/04/19 For Sale $60,500 -- $57 / 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
2023 $887 $63,793 $0 $0
2022 $870 $61,935 $0 $0
2021 $876 $60,131 $20,000 $40,131
2020 $1,309 $50,612 $15,000 $35,612
2019 $1,329 $51,206 $2,636 $48,570
2018 $368 $27,699 $0 $0
2017 $357 $27,129 $0 $0
2016 $325 $26,571 $0 $0
2015 $315 $26,386 $0 $0
2014 $310 $26,177 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2019

    Nancy Hutchinson

    SUNBURST PROPERTIES

    (352) 361-3634

    2 in this area

    7 Total Sales

    Section Image
  • Scott Hutchinson

    Seller Co-Listing Agent in 2019

    Scott Hutchinson

    SUNBURST PROPERTIES

    (352) 286-4980

    41 in this area

    79 Total Sales

    Section Image
  • Susan Fetter

    Buyer's Agent in 2019

    Susan Fetter

    SIMPLICITY: A RE BROKERAGE CO

    (352) 530-6576

    17 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: OM550278

Stellar MLS

APN: 90497-05-202

Florida Marion County Ocala 34472 Silver Spring Shores

507 Fairways Ln, Ocala, FL

This home is located at 507 Fairways Ln, Ocala, FL 34472 since 04 February 2019 and is currently estimated at $122,273, approximately $115 per square foot. This property was built in 1982. 507 Fairways Ln is a home located in Marion County with nearby schools including Greenway Elementary School, Lake Weir Middle School, and Lake Weir High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS 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.



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

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