NOT LISTED FOR SALE

525 Midway Dr Unit B Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $112,000 - $132,000

2 Beds
2 Baths
1,138 Sq Ft
$224/mo HOA Fee

Last Sold November 01, 2021

Last sale price $79,900 $70 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $942/month

96 Days on Market

Highlights

  • Waterfront Community
  • Active Adult
  • Awning
  • Fitness Center
  • Community Pool
  • Central Air

About This Home

As of November 2021

DON'T GET MUCH BETTER VIEW THAN THIS. THIS UNIT IS NEED THE LAKE WITH THE FOUNTAIN, NEXT DOOR TO THE POOL, AND OUTDOOR AREAS. THIS IS A UPPER UNIT WITH THE GEORGOUS VIEWS. 2/2 COMES WITH ALL APPLIANCES AND SOME FURNITURE. CLEAN AND READY FOR YOU TO MOVE IN. PRICED AFFORDABLY FOR THE NEIGHBORHOOD. HOME HAS KITCHEN WITH BAR GOING OUT TO DINING, NICE SIZED GREAT ROOM, 2 BEDROOMS AND 2 BATHROOM. INDOOR LAUNDRY IS A PLUS. THESE UNITS ARE ALWAYS CLEAN AND MANICURED. HOA DOES A GREAT JOB ON MAINTAINING THE GROUNDS.

Last Agent to Sell the Property

Frank Falbo

PLATINUM HOMES AND LAND REALTY License #3078460 Listed on: 07/01/2021

Last Buyer's Agent

Cleedia Huff

QUARTER STONE REALTY, LLC License #3201963

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 1972

Lot Details

  • 436

HOA Fees

  • $224 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,138 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Combination Dining and Living Room

Kitchen

  • Range with Range Hood
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • East Facing Home

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, common area taxes, maintenance structure, ground maintenance, pest control, pool maintenance, sewer
  • Linda Mcginnis Association, Phone Number (352) 671-8204
  • Live Oak Village Condo Subdivision
  • The community has rules related to allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Waterfront Community
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 40 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,280

Year Built

Built in 1972

Lot Details

0

HOA Fees

$224 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance, Sewer
  • 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
  • Building Area Total: 1298
  • Lot Size Sq Ft: 504
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM622929?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM622929?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 70.21
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 61.56
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Linoleum
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Dryer, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Exterior Features: Awning(s)
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • 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
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Fitness, Golf Carts OK, Irrigation-Reclaimed Water, Pool, Waterfront
  • Association Fee: 224
  • Association Fee Frequency: Monthly
  • Association Name: LINDA MCGINNIS
  • Phone: 352-671-8204
  • Association: Yes
  • Senior Community: Yes
  • Association Email: LINDAMCGINNIS@BOSSHARDTCAM.COM
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2688
  • Monthly HOA Fee: 224
  • Total Monthly Fees: 224

Lot Info

  • Zoning: R3
  • Parcel Number: 90493-17-203
  • Additional Parcels: No
  • Flood Zone Code: A,X

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 40
  • Minimum Lease: No Minimum
  • Approval Process: threw HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: CALL THE HOA OFFICE

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Oct 29, 2021
Sold by
Strebbing Linda Ann Orf and Strebbing David Raymond
Bought by
Toghanjan Soudy
Seller's Agent
Frank Falbo
PLATINUM HOMES AND LAND REALTY
Buyer's Agent
Cleedia Huff
QUARTER STONE REALTY, LLC
List Price
$79,900
Sold Price
$79,900
Current Estimated Value
$120,748

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,848
Avg. Annual Appreciation
10.60%

Purchase Details

Listed on
May 7, 2019
Closed on
Jun 28, 2019
Sold by
Benfield Norman Eugene and Benfield Michelle J
Bought by
Orf Linda Ann
Seller's Agent
Kathy Carpenter
RE/MAX FOXFIRE - HWY 40
List Price
$62,000
Sold Price
$58,000
Premium/Discount to List
-$4,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.60%

Purchase Details

Listed on
Nov 30, 2015
Closed on
Feb 19, 2016
Sold by
Hartman Jerry
Bought by
Benfield Norman Eugene and Benfield Michelle J
Seller's Agent
Karen Kirkland
PLATINUM HOMES AND LAND REALTY
List Price
$35,000
Sold Price
$34,000
Premium/Discount to List
-$1,000
-2.86%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.23%

Purchase Details

Listed on
Nov 30, 2015
Closed on
Feb 5, 2016
Sold by
Mclean Michael
Bought by
Hartman Jerry
Seller's Agent
Karen Kirkland
PLATINUM HOMES AND LAND REALTY
List Price
$35,000
Sold Price
$34,000
Premium/Discount to List
-$1,000
-2.86%

Purchase Details

Closed on
Oct 25, 2013
Sold by
Whitcombe Gertrud
Bought by
Mclean Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$27,000
Interest Rate
4.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2003
Sold by
Jouret E J and Jouret Jean S
Bought by
Whitcombe Ronald and Whitcombe Gertrud
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Toghanjan Soudy $79,900 A1 Title Of The Nature Coast
Orf Linda Ann $58,000 First American Title Ins Co
Benfield Norman Eugene $36,000 1St Quality Title Llc
Hartman Jerry $34,000 1St Quality Title Llc
Mclean Michael $36,000 1St Quality Title Llc
Whitcombe Ronald $39,000 Ocala Land Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mclean Michael $27,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2021 11/01/21 Sold $79,900 0.0% $70 / Sq Ft
10/04/2021 10/04/21 Pending -- -- --
09/17/2021 09/17/21 For Sale $79,900 0.0% $70 / Sq Ft
08/09/2021 08/09/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $79,900 0.0% $70 / Sq Ft
08/03/2021 08/03/21 Pending -- -- --
08/02/2021 08/02/21 For Sale $79,900 0.0% $70 / Sq Ft
07/30/2021 07/30/21 Pending -- -- --
06/30/2021 06/30/21 For Sale $79,900 +37.8% $70 / Sq Ft
06/28/2019 06/28/19 Sold $58,000 -6.5% $51 / Sq Ft View Prior Sale
06/06/2019 06/06/19 Pending -- -- --
05/07/2019 05/07/19 For Sale $62,000 +82.4% $54 / Sq Ft
02/19/2016 02/19/16 Sold $34,000 -2.9% $30 / Sq Ft View Prior Sale
12/23/2015 12/23/15 Pending -- -- --
11/30/2015 11/30/15 For Sale $35,000 -- $31 / 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 $905 $64,354 $25,000 $39,354
2020 $1,280 $49,127 $15,000 $34,127
2019 $1,155 $42,910 $2,319 $40,591
2018 $1,044 $38,201 $2,319 $35,882
2017 $1,019 $36,821 $2,330 $34,491
2016 $977 $35,273 $0 $0
2015 $943 $32,066 $0 $0
2014 $835 $29,151 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Frank Falbo

    Seller's Agent in 2021

    Frank Falbo

    PLATINUM HOMES AND LAND REALTY

    (352) 274-5645

    63 in this area

    828 Total Sales

    Frank Falbo
    Section Image
  • Cleedia Huff

    Buyer's Agent in 2021

    Cleedia Huff

    QUARTER STONE REALTY, LLC

    (352) 426-8934

    4 in this area

    58 Total Sales

    Cleedia Huff
    Section Image
  • Kathy Carpenter

    Seller's Agent in 2019

    Kathy Carpenter

    RE/MAX FOXFIRE - HWY 40

    (352) 816-6978

    29 in this area

    126 Total Sales

    Kathy Carpenter
    Section Image
  • Karen Kirkland

    Seller's Agent in 2016

    Karen Kirkland

    PLATINUM HOMES AND LAND REALTY

    (352) 304-4736

    5 in this area

    197 Total Sales

    Karen Kirkland
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM622929

Stellar MLS

APN: 90493-17-203

Florida Marion County Ocala 34472 Silver Spring Shores

525 Midway Dr Unit B, Ocala, FL

Not Listed for Sale

Condos

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

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