NOT LISTED FOR SALE

516 Bahia Cir Unit B Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $140,000 - $148,000

2 Beds
2 Baths
1,068 Sq Ft
$236/mo HOA Fee

Last Sold June 29, 2023

Last sale price $130,000 $122 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $1,203/month

49 Days on Market

Highlights

  • In Ground Pool
  • Balcony
  • Breakfast Bar
  • Senior Community
  • Walk-In Closet
  • Living Room

About This Home

As of June 2023

2 bd/2 full bath upstairs condo in quiet, friendly 55+ community. Condo has been updated with new double pane insulated windows and window treatments. New AC (2017), new stainless steel appliance package (2019), updated bathrooms with high rise, water saving toilets and new stacked washer/dryer (2022). Beautiful cherry laminate wood flooring thru-out. Completely screen enclosed lanai with Coolaroo roll down blinds, overlooking the huge condo pool. Private designated parking space immediately in front of unit. HOA fee is $236.20 per month and includes TV service, trash removal, beautifully manicured property, all outdoor maintenace, and exterior building insurance, and pool. Great location, close to shopping, restaurants, and medical facilities

Last Agent to Sell the Property

Gregory Sullivan

BY OWNER.COM License #3014237 Listed on: 03/06/2023

Last Buyer's Agent

Adriana Salmon

SELLSTATE NEXT GENERATION REAL License #3012760

SELLSTATE NEXT GENERATION REAL

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $591

Year Built

  • Built in 1980

Lot Details

  • West Facing Home
  • Irrigation

HOA Fees

  • $236 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Entry on the 2nd floor
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,068 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Family Room
  • Living Room
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Balcony

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include pool, maintenance structure, ground maintenance, pest control, security
  • Premier Mgmt Of Ocala/Michelle Santana Association, Phone Number (352) 369-3330
  • Fairways/Silver Spgs Shrs Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$591

Year Built

Built in 1980

Lot Details

0

HOA Fees

$236 per month

Listing Details

  • HOA Fee Includes: Pool, Maintenance Structure, Maintenance Grounds, Pest Control, Pool, Security
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1068
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1246
  • Lot Size Sq Ft: 559
  • Directions to Property: Take Maricamp Road East. Turn left onto Bahia Ave. Keep Left. Condo on the Right.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Floor Number: 2
  • List Office Head Office Key Nume: 163384001
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 121.72
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Amenities Additional Fees: contact association for more information
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 2
  • Street Number Modifier: 516
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Family Room
  • Living Area Meters: 99.22
  • Room Count: 3

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: Balcony, Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2008-08-28
  • Flood Zone Panel: 12083C0735D

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Amenities: Pool
  • Association Fee: 236
  • Association Fee Frequency: Monthly
  • Association Name: Premier Mgmt of Ocala/Michelle Santana
  • Phone: 352-369-3330
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Building Name Number: BLDG 7
  • Condo Fees: 0
  • Condo Land Included YN: 1
  • Montly Maint Amt Addition To HOA: 0
  • Development: The Fairways

Fee Information

  • Total Annual Fees: 2832.00
  • Total Monthly Fees: 236.00
  • Monthly HOA Amount: 236.00

Lot Info

  • Zoning: R3
  • Parcel Number: 90496-07-202
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 1
  • Lot Size Square Meters: 52

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: No
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: contact association for more information

Tax Info

  • Tax Annual Amount: 591
  • Tax Block: na
  • Tax Book Number: J-425
  • Tax Lot: na

Multi Family

  • Approval Process: contact association for more information

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2023
Closed on
Jun 28, 2023
Sold by
Moran James M and Moran Linda M
Bought by
Smith William J
Seller's Agent
Gregory Sullivan
BY OWNER.COM
Buyer's Agent
Adriana Salmon
SELLSTATE NEXT GENERATION REAL
List Price
$132,000
Sold Price
$130,000
Premium/Discount to List
-$2,000
-1.52%
Views
321
Current Estimated Value
$143,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,973
Avg. Annual Appreciation
4.66%
Original Mortgage
$132,795
Outstanding Balance
$129,631
Interest Rate
6.57%
Mortgage Type
VA
Estimated Equity
$14,342

Purchase Details

Listed on
Nov 4, 2014
Closed on
Jul 10, 2015
Sold by
Faulkner Bobby D and Faulkner Lisa L
Bought by
Moran James M and Moran Linda M
List Price
$45,900
Sold Price
$38,000
Premium/Discount to List
-$7,900
-17.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.66%

Purchase Details

Closed on
Jun 11, 2004
Sold by
Simpson Peter M and Simpson Shirley L
Bought by
Faulkner Bobby D and Faulkner Lisa L

Purchase Details

Closed on
Apr 4, 2002
Sold by
Kincaid David Lyle and Kincaid Patricia Ann
Bought by
Simpson Peter M and Simpson Shirley L
Source: Public Records

Range of Values:

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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
Smith William J $130,000 Advantage Title Llc
Moran James M $38,000 1St Quality Title Llc
Faulkner Bobby D $54,900 Safetitle Company
Simpson Peter M $38,000 Safe Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith William J $132,795
Previous Owner Faulkner Bobby D $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2023 06/29/23 Sold $130,000 -1.5% $122 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
03/06/2023 03/06/23 For Sale $132,000 +247.4% $124 / Sq Ft
03/07/2022 03/07/22 Off Market $38,000 -- --
07/10/2015 07/10/15 Sold $38,000 -17.2% $36 / Sq Ft
06/21/2015 06/21/15 Pending -- -- --
10/31/2014 10/31/14 For Sale $45,900 -- $43 / 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 $2,483 $116,055 $42,000 $74,055
2023 $2,483 $40,451 $0 $0
2022 $591 $39,273 $0 $0
2021 $576 $38,129 $0 $0
2020 $568 $37,603 $0 $0
2019 $553 $36,758 $0 $0
2018 $527 $36,073 $0 $0
2017 $514 $35,331 $0 $0
2016 $477 $34,405 $0 $0
2015 $921 $32,289 $0 $0
2014 $853 $29,825 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2023

    Gregory Sullivan

    BY OWNER.COM

    (561) 702-5596

    1 in this area

    465 Total Sales

    Gregory Sullivan
    Section Image
  • Adriana Salmon

    Buyer's Agent in 2023

    Adriana Salmon

    SELLSTATE NEXT GENERATION REAL

    (352) 410-2437

    26 in this area

    107 Total Sales

    Adriana Salmon
    Section Image
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Map

Source: Stellar MLS

MLS Number: T3432390

Stellar MLS

APN: 90496-07-202

Florida Marion County Ocala 34472 Silver Spring Shores

516 Bahia Cir Unit B, Ocala, FL

This home is located at 516 Bahia Cir Unit B, Ocala, FL 34472 since 06 March 2023 and is currently estimated at $143,973, approximately $134 per square foot. This property was built in 1980. 516 Bahia Cir Unit B 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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