NOT LISTED FOR SALE

540 Fairways Dr Unit B Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $105,081 - $124,000

2 Beds
1.5 Baths
986 Sq Ft
598 Sq Ft Lot Lot

Sale Details

Date Sold: June 30, 2016

Last sale price $48,000 $49 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $874 / mo

206 Days on Market

Highlights

  • Race Track
  • Wood Flooring
  • Balcony
  • Active Adult
  • Community Pool
  • Walk-In Closet

About This Home

As of June 2016

Perfect for 55+ retirement living, a winter getaway, or an investment property, this two-bedroom and two bathroom condo is in a golf community in the southeast area of Ocala, Florida. Residents have access to the community center, which includes a pool. There is also covered parking included. Inside, the condo features a glass-enclosed lanai overlooking the pool, a large walk-in closet in the master bedroom, and an indoor washer and dryer. The full kitchen has been recently remodeled. Close to shopping such as Wal-Mart, Publix, Walgreens, and CVS, this condo is just minutes away from downtown Ocala.

Last Agent to Sell the Property

Jody Micilcavage

OCALA BROKERS & ASSOCIATES License #0692022 Listed on: 09/04/2015

Last Buyer's Agent

John LeBoeuf

KELLER WILLIAMS CORNERSTONE RE License #3326513

KELLER WILLIAMS CORNERSTONE RE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $968

Year Built

  • Built in 1980

Lot Details

  • Cleared Lot
  • Landscaped with Trees

HOA Fees

  • $174 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Frame Construction
  • Shingle Roof
  • Stucco

Interior Spaces

  • 986 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Additional Features

  • Balcony
  • Race Track

Listing and Financial Details

  • Property Available on 9/4/15
  • Assessor Parcel Number 90496-06-202

Community Details

Overview

  • Active Adult
  • Association fees include cable TV, 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

$968

Year Built

Built in 1980

Lot Details

598 Sq Ft Lot

HOA Fees

$174 per month

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Frame, Stucco
  • Fireplace: No
  • Living Area: 986
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 1192
  • Lot Size Sq Ft: 598
  • Status: Sold
  • RATIO Current Price By Calculate: 48.68
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2016-08-14T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony
  • Roof: Shingle
  • Pool Private: No
  • Water View YN: 0

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Fee: 174
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 174.00

Lot Info

  • Zoning: R-3 Mulitple Family Dwell
  • Parcel Number: 90496-06-202
  • Additional Parcels: No
  • Lot Features: Cleared, In County, Paved
  • Horse Amenities: None, Race Track

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2015-09-04
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 967.76
  • Tax Book Number: J-425

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2015
Closed on
Jun 30, 2016
Sold by
Friedlander Richard
Bought by
Chrest Gary J
Seller's Agent
Jody Micilcavage
OCALA BROKERS & ASSOCIATES
Buyer's Agent
John LeBoeuf
KELLER WILLIAMS CORNERSTONE RE
List Price
$55,000
Sold Price
$48,000
Premium/Discount to List
-$7,000
-12.73%
Current Estimated Value
$118,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,270
Avg. Annual Appreciation
9.58%
Original Mortgage
$30,000
Outstanding Balance
$13,121
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$105,149

Purchase Details

Listed on
Sep 4, 2015
Closed on
Jun 1, 2016
Bought by
Cherest Gary J
Seller's Agent
Jody Micilcavage
OCALA BROKERS & ASSOCIATES
Buyer's Agent
John LeBoeuf
KELLER WILLIAMS CORNERSTONE RE
List Price
$55,000
Sold Price
$48,000
Premium/Discount to List
-$7,000
-12.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Outstanding Balance
$13,121
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$105,149

Purchase Details

Closed on
Apr 1, 2016
Bought by
Cherest Gary J

Purchase Details

Closed on
Jan 8, 2008
Sold by
Friedlander Jack and The Robert D Friedlander Revoc
Bought by
Friedlander Robert D

Purchase Details

Closed on
Sep 27, 2007
Sold by
Masley Janet
Bought by
Friedlander Jack and The Robert D Friedlander Revoc

Purchase Details

Closed on
Aug 25, 2003
Sold by
Mcpike Gerald W
Bought by
Lucus Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$43,900
Interest Rate
5.94%
Mortgage Type
Purchase Money Mortgage
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
Chrest Gary J $48,000 First International Title
Cherest Gary J $100 --
Cherest Gary J $100 --
Friedlander Robert D -- None Available
Friedlander Jack $57,000 Tri County Land Title & Escr
Lucus Marie $43,900 Ocala Land Title Ins Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chrest Gary J $30,000
Previous Owner Lucus Marie $43,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2016 06/30/16 Sold $48,000 -12.7% $49 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
09/04/2015 09/04/15 For Sale $55,000 -- $56 / Sq Ft
Source: Stellar MLS

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
2025 $833 $41,299 -- --
2024 $604 $40,135 -- --
2023 $584 $38,966 $0 $0
2022 $563 $37,831 $0 $0
2021 $549 $36,729 $0 $0
2020 $541 $36,222 $0 $0
2019 $527 $35,408 $0 $0
2018 $502 $34,748 $0 $0
2017 $489 $34,033 $2,799 $31,234
2016 $920 $32,354 $0 $0
2015 $883 $30,336 $0 $0
2014 $820 $28,092 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jody Micilcavage

    Seller's Agent in 2016

    Jody Micilcavage

    OCALA BROKERS & ASSOCIATES

    (352) 266-1156

    1 in this area

    38 Total Sales

    Jody Micilcavage
    Section Image
  • John LeBoeuf

    Buyer's Agent in 2016

    John LeBoeuf

    KELLER WILLIAMS CORNERSTONE RE

    (352) 895-4581

    2 in this area

    16 Total Sales

    John LeBoeuf
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM431246

Stellar MLS

APN: 90496-06-202

Florida Marion County Ocala 34472 Silver Spring Shores

540 Fairways Dr Unit B, Ocala, FL

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 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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