NOT LISTED FOR SALE

521 Midway Dr Unit B Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $104,000 - $122,000

2 Beds
1.5 Baths
1,054 Sq Ft
$226/mo HOA Fee

Last Sold September 13, 2021

Last sale price $71,000 $67 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $906/month

49 Days on Market

Highlights

  • Golf Course Community
  • Balcony
  • Sliding Doors
  • Active Adult
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of September 2021

Unfurnished, second floor unit in highly sought after Live Oak Condominium. High end clothes washer and dryer, refrigerator, dishwasher, microwave stay. Excellent location for full time or part time living. Live Oak is a very quiet, well maintained community. Parking areas are well lit. Buildings are pressure washed on a regular basis and roads and parking are also well maintained. Condo membership includes membership in Silver Springs Community Center which includes swimming pools, card rooms, billiards, small library, hall rental, big screen tv area, and more. Amenities include trash, exterior and common grounds maintenance, exterior pest control, and basic cable.

Last Agent to Sell the Property

David Wineriter

HOMERUN REALTY License #3265850 Listed on: 06/25/2021

HOMERUN REALTY

Last Buyer's Agent

David Wineriter

HOMERUN REALTY License #3265850 Listed on: 06/25/2021

HOMERUN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,183

Year Built

  • Built in 1972

Lot Details

  • 436

HOA Fees

  • $226 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,054 Sq Ft Home
  • 1-Story Property
  • Sliding Doors

Kitchen

  • Cooktop
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Additional Features

  • Balcony
  • Southeast Facing Home

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, common area taxes, maintenance structure, ground maintenance, maintenance repairs, pool maintenance, sewer, trash
  • Linda Mcginnis Association, Phone Number (352) 671-8203
  • Live Oak Village Condo Subdivision
  • The community has rules related to allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Golf Course Community

Pet Policy

  • Pet Size Limit
  • 1 Pet Allowed
  • Small pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,183

Year Built

Built in 1972

Lot Details

0

HOA Fees

$226 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pool Maintenance, Sewer, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Vinyl Siding
  • Fireplace: No
  • Living Area: 1054
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1972
  • Lot Size Sq Ft: 478
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM622594?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM622594?w=Customer
  • Floor Number: 1
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.89308
  • Price per Sq Ft: 67.36
  • Close to Original List Price Ratio: 0.87654
  • View: No
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Thermostat
  • Appliances Included: Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Room Count: 4

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Balcony, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Golf Carts OK, Golf, Sidewalk
  • Association Name: Linda McGinnis
  • Phone: 352-671-8203
  • Association: Yes
  • Senior Community: Yes
  • Condo Fees: 226
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 226
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2712
  • Total Monthly Fees: 226

Lot Info

  • Zoning: R3
  • Parcel Number: 90493-17-205
  • Additional Parcels: No
  • Flood Zone Code: A

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: 3 Months
  • Approval Process: Apply through Bosshardt Property Management.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Lease restrictions are strict. Buyer to verify with condo association and conduct due diligence.

Tax Info

  • Tax Annual Amount: 1183.39
  • Tax Block: 00
  • Tax Book Number: J-342,SILVER
  • Tax Lot: 205C

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2021
Closed on
Sep 13, 2021
Sold by
Adam Parlapiano
Bought by
Reyes Monsita
Seller's Agent
David Wineriter
HOMERUN REALTY
Buyer's Agent
David Wineriter
HOMERUN REALTY
List Price
$79,500
Sold Price
$71,000
Premium/Discount to List
-$8,500
-10.69%
Current Estimated Value
$114,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$43,408
Avg. Annual Appreciation
11.79%

Purchase Details

Closed on
Feb 3, 2004
Sold by
Piccione Patrick L
Bought by
Parlapiano Adam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,600
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 2003
Sold by
Piccione John J and Piccione Patrick L
Bought by
Piccione Patrick L
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
Reyes Monsita $71,000 Affiliated Title Of Central Fl
Parlapiano Adam $44,000 Affiliated Title
Piccione Patrick L $9,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Parlapiano Adam $39,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2021 09/13/21 Sold $71,000 -10.7% $67 / Sq Ft
08/13/2021 08/13/21 Pending -- -- --
08/08/2021 08/08/21 For Sale $79,500 0.0% $75 / Sq Ft
08/01/2021 08/01/21 Pending -- -- --
07/28/2021 07/28/21 For Sale $79,500 0.0% $75 / Sq Ft
07/16/2021 07/16/21 Pending -- -- --
07/09/2021 07/09/21 Price Changed $79,500 -1.9% $75 / Sq Ft
06/25/2021 06/25/21 For Sale $81,000 -- $77 / 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 $943 $74,654 -- --
2023 $935 $72,480 $0 $0
2022 $925 $70,369 $30,000 $40,369
2021 $1,333 $61,339 $25,000 $36,339
2020 $1,183 $46,506 $15,000 $31,506
2019 $1,095 $39,791 $2,319 $37,472
2018 $991 $35,437 $2,319 $33,118
2017 $968 $34,159 $2,330 $31,829
2016 $929 $32,794 $0 $0
2015 $897 $29,813 $0 $0
2014 $796 $27,103 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Wineriter

    Seller's Agent in 2021

    David Wineriter

    HOMERUN REALTY

    (352) 445-5456

    34 in this area

    43 Total Sales

    David Wineriter
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Map

Source: Stellar MLS

MLS Number: OM622594

Stellar MLS

APN: 90493-17-205

Florida Marion County Ocala 34472 Silver Spring Shores

521 Midway Dr Unit B, Ocala, FL

Not Listed for Sale

Condos

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.

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

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