NOT LISTED FOR SALE

515 Midway Dr Unit B Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $122,000 - $133,000

2 Beds
2 Baths
1,138 Sq Ft
$200/mo HOA Fee

Last Sold July 01, 2021

Last sale price $95,000 $83 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $943/month

5 Days on Market

Highlights

  • 10 Feet of Waterfront
  • Lake View
  • Balcony
  • Active Adult
  • Community Pool
  • Central Heating and Cooling System

About This Home

As of July 2021

2/2 Turn Key ready Condo in a 55+ Community. Wonderful water view off your balcony. Fully furnished with tasteful furniture (appliances included). Each bedroom is large enough to comfortably fit a king sized bed, tons of closet space. Freshly painted and new carpet. "Just bring your toothbrush!"

Last Agent to Sell the Property

Jennifer Hay

NEWMARK REAL ESTATE GROUP License #3150197 Listed on: 05/19/2021

Last Buyer's Agent

Stacey Raisch

PREFERRED RE BROKERS III License #3436782

PREFERRED RE BROKERS III

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 1972

Lot Details

  • 10 Feet of Waterfront
  • Lake Front
  • North Facing Home

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,138 Sq Ft Home
  • 1-Story Property
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, community pool, ground maintenance, pool maintenance, trash
  • Linda Mcguinnis Association, Phone Number (352) 671-8203
  • Live Oak Village Condo Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,280

Year Built

Built in 1972

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Maintenance Grounds, Pool Maintenance, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1138
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1972
  • Lot Size Sq Ft: 475
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM620505?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM620505?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.11765
  • Price per Sq Ft: 83.48
  • Close to Original List Price Ratio: 1.11765
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Other
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Lake
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 10
  • Water Frontage Feet Lake: 10
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Other

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Other, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Sidewalk
  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Association Name: Linda Mcguinnis
  • Phone: 3526718203EXT121
  • Association: Yes
  • Senior Community: Yes
  • Association Email: lindamcguinnis@bosshardtcam.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2400
  • Monthly HOA Fee: 200
  • Total Monthly Fees: 200

Lot Info

  • Zoning: R3
  • Parcel Number: 90493-16-203
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Breed Restrictions
  • Minimum Lease: No Minimum
  • Approval Process: Please review HOA Documents.
  • Pet Restrictions: Please review HOA Documents.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please review HOA Documents.

Tax Info

  • Tax Annual Amount: 1279.74
  • Tax Block: 0
  • Tax Book Number: J-342,SILVER
  • Tax Lot: 203-D

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 4, 2022
Sold by
Steven Prediletto
Bought by
Prediletto Steven
Current Estimated Value
$125,485

Purchase Details

Listed on
May 19, 2021
Closed on
Jul 1, 2021
Sold by
Bremer Kimberly
Bought by
Stellman Kevin
Seller's Agent
Jennifer Hay
NEWMARK REAL ESTATE GROUP
Buyer's Agent
Stacey Raisch
PREFERRED RE BROKERS III
List Price
$85,000
Sold Price
$95,000
Premium/Discount to List
$10,000
11.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.41%

Purchase Details

Closed on
Oct 2, 2019
Sold by
Ryan Robert and Ryan Jean
Bought by
Stellman Kelly

Purchase Details

Listed on
Sep 14, 2015
Closed on
Oct 23, 2015
Sold by
Stipanuk Gerald and Stipanuk Kellie
Bought by
Ryan Robert and Ryan Jean
Seller's Agent
Anthony Alfarone
REAL BROKER LLC - OCALA
Buyer's Agent
Nancy Hutchinson
SUNBURST PROPERTIES
List Price
$48,000
Sold Price
$52,000
Premium/Discount to List
$4,000
8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.05%

Purchase Details

Closed on
May 24, 2013
Sold by
Morton William A and Morton Emily M
Bought by
Stipanuk Gerald and Stipanuk Kellie

Purchase Details

Closed on
Apr 5, 2013
Sold by
Morton William A and Morton Emily M
Bought by
Stipanuk Gerald and Stipanuk Kellie

Purchase Details

Closed on
Mar 31, 2008
Sold by
Stipanuk Gerald and Stipanuk Kellie
Bought by
Morton William A and Morton Emily M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,640
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2008
Sold by
Morton William A and Morton Emily M
Bought by
Stipanuk Gerald and Stipanuk Kellie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,640
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2007
Sold by
Fulton Howard K and Fulton Karen S
Bought by
Morton William A and Morton Emily M

Purchase Details

Closed on
May 2, 2005
Sold by
Hudson Yvonne D
Bought by
Fulton Howard K and Fulton Karen S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.54%
Mortgage Type
Fannie Mae Freddie Mac
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

Date Buyer Sale Price Title Company
Prediletto Steven -- None Listed On Document
Stellman Kevin $95,000 Attorney
Stellman Kelly $61,000 First American Title Ins Co
Ryan Robert $52,000 1St Quality Title Llc
Stipanuk Gerald -- Attorney
Stipanuk Gerald -- Attorney
Morton William A -- Safetitle Company
Stipanuk Gerald $79,600 Safetitle Company
Morton William A $79,000 Safetitle Company
Fulton Howard K $68,900 Safetitle Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stipanuk Gerald $71,640
Previous Owner Fulton Howard K $55,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/01/2021 07/01/21 Sold $95,000 +11.8% $83 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $85,000 +63.5% $75 / Sq Ft
05/10/2020 05/10/20 Off Market $52,000 -- --
10/23/2015 10/23/15 Sold $52,000 +8.3% $46 / Sq Ft View Prior Sale
10/13/2015 10/13/15 Pending -- -- --
09/11/2015 09/11/15 For Sale $48,000 -- $42 / 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
2024 $1,005 $78,200 -- --
2023 $969 $75,922 $0 $0
2022 $947 $73,711 $30,000 $43,711
2021 $1,440 $64,354 $25,000 $39,354
2020 $1,280 $49,127 $15,000 $34,127
2019 $570 $37,620 $0 $0
2018 $543 $36,919 $0 $0
2017 $529 $36,160 $0 $0
2016 $496 $35,416 $0 $0
2015 $944 $32,126 $0 $0
2014 $836 $29,205 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jennifer Hay

    Seller's Agent in 2021

    Jennifer Hay

    NEWMARK REAL ESTATE GROUP

    (352) 207-3601

    13 in this area

    84 Total Sales

    Jennifer Hay
    Section Image
  • Stacey Raisch

    Buyer's Agent in 2021

    Stacey Raisch

    PREFERRED RE BROKERS III

    (845) 546-1022

    6 in this area

    90 Total Sales

    Stacey Raisch
    Section Image
  • Anthony Alfarone

    Seller's Agent in 2015

    Anthony Alfarone

    REAL BROKER LLC - OCALA

    (352) 897-0771

    46 in this area

    335 Total Sales

    Anthony Alfarone
    Section Image

  • N

    Buyer's Agent in 2015

    Nancy Hutchinson

    SUNBURST PROPERTIES

    (352) 361-3634

    2 in this area

    5 Total Sales

    Nancy Hutchinson
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM620505

Stellar MLS

APN: 90493-16-203

Florida Marion County Ocala 34472 Silver Spring Shores

515 Midway Dr Unit B, Ocala, FL

Not Listed for Sale

Condos

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