NOT LISTED FOR SALE

557 Midway Dr Unit B Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $110,000 - $115,000

2 Beds
1.5 Baths
1,054 Sq Ft
$235/mo HOA Fee

Last Sold May 18, 2022

Last sale price $90,000 $85 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $1,028/month

5 Days on Market

Highlights

  • Fitness Center
  • Lake View
  • Community Pool
  • Active Adult
  • Open Floorplan
  • Walk-In Closet

About This Home

As of May 2022

Furnished second floor unit in Live Oak Village. Refrigerator, A/c, and water heater replaced within the last two years. Live Oak is home to both seasonal and year round residents. This unit overlooks the lake. Condo fees include trash, basic cable, and exterior maintenance including roof. Condo association takes great pride in the community, and the grounds are impecably maintained. Buildings are pressure washed regularly, gounds maintenance, and tree trimming is well maintained. Grocery stores, pharmacy, local restaurants, and hiking trails all within minutes. The streets are lines with beautiful oak trees providing plenty of shade for daily walks. Grounds are well lit at night. This community has minimum traffice due to being on a dead end road.

Last Agent to Sell the Property

David Wineriter

HOMERUN REALTY License #3265850 Listed on: 03/31/2022

HOMERUN REALTY

Last Buyer's Agent

Heather Zeron

MAGNOLIA HOMES AND LAND LLC License #3327366

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $638

Year Built

  • Built in 1972

Lot Details

  • East Facing Home
  • Condo Land Included
  • Land Lease expires 4/30/22

HOA Fees

  • $235 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,054 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Lake Views
  • Washer

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

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

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$638

Year Built

Built in 1972

Lot Details

0

HOA Fees

$235 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, 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: 509
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM636685?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM636685?w=Customer
  • Floor Number: 2
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94737
  • Price per Sq Ft: 85.39
  • Close to Original List Price Ratio: 0.94737
  • View: No
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Living Room/Dining Room Combo, Open Floorplan, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Electric Water Heater, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Exterior Features: Lighting, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View: Lake
  • Water View Y N: Yes
  • 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, Public, Sewer Connected, Street Lights, 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: Fitness, Golf Carts OK, Pool, Sidewalk
  • Association Name: Linda Mcginnis
  • Phone: 352-671-8203 ext
  • Association: No
  • Senior Community: Yes
  • Condo Fees: 235
  • Condo Fees Term: Monthly
  • Association Email: lindamcginnis@bosshardtcam.com
  • Condo Land Included Y N: Yes
  • Monthly Condo Fee Amount: 235
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2820
  • Total Monthly Fees: 235

Lot Info

  • Zoning: R3
  • Parcel Number: 90493-20-201
  • Additional Parcels: No
  • Flood Zone Code: A
  • Land Lease Expiration Date: 2022-04-30

Rental Info

  • Minimum Lease: No Minimum
  • Approval Process: apply to condo association and bosshardt property management.
  • Lease Restrictions Y N: Yes
  • Month To Month Or Weekly Y N: Yes
  • Additional Lease Restrictions: Buyer / buyers agent to verify lease restrictions

Tax Info

  • Tax Annual Amount: 638.32
  • Tax Block: silver
  • Tax Book Number: J-342
  • Tax Lot: na

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2025
Sold by
Vanburen Sharon
Bought by
Vanburen Sharon and Belcher Joshua
Current Estimated Value
$112,666

Purchase Details

Listed on
Mar 31, 2022
Closed on
May 17, 2022
Sold by
Debbie Counsman
Bought by
Vanburen Sharon
Seller's Agent
David Wineriter
HOMERUN REALTY
Buyer's Agent
Heather Zeron
MAGNOLIA HOMES AND LAND LLC
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%

Purchase Details

Listed on
Oct 30, 2017
Closed on
Feb 27, 2018
Sold by
Cherry Ralph M
Bought by
Dodson Douglas
Seller's Agent
Steven Pilchick
WEICHERT REALTORS HALLMARK PRO
List Price
$47,500
Sold Price
$43,000
Premium/Discount to List
-$4,500
-9.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.13%
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
Vanburen Sharon $100 None Listed On Document
Vanburen Sharon $90,000 Affiliated Title Of Central Fl
Vanburen Sharon $90,000 Affiliated Title Of Central Fl
Dodson Douglas $43,000 Ocala Land Title Ins Agency
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/18/2022 05/18/22 Sold $90,000 -5.3% $85 / Sq Ft
04/06/2022 04/06/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $95,000 +120.9% $90 / Sq Ft
02/28/2018 02/28/18 Sold $43,000 -9.5% $41 / Sq Ft View Prior Sale
02/01/2018 02/01/18 Pending -- -- --
10/30/2017 10/30/17 For Sale $47,500 -- $45 / 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
2025 $2,442 $103,976 $40,000 $63,976
2024 $2,261 $103,534 -- --
2023 $2,261 $94,122 $40,000 $54,122
2022 $1,646 $70,369 $30,000 $40,369
2021 $638 $41,333 $0 $0
2020 $629 $40,762 $0 $0
2019 $614 $39,846 $2,374 $37,472
2018 $992 $35,492 $2,374 $33,118
2017 $970 $34,215 $2,386 $31,829
2016 $930 $32,859 $0 $0
2015 $898 $29,873 $0 $0
2014 $797 $27,157 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Wineriter

    Seller's Agent in 2022

    David Wineriter

    HOMERUN REALTY

    (352) 445-5456

    34 in this area

    42 Total Sales

    David Wineriter
    Section Image
  • Heather Zeron

    Buyer's Agent in 2022

    Heather Zeron

    MAGNOLIA HOMES AND LAND LLC

    (352) 233-0467

    20 in this area

    166 Total Sales

    Heather Zeron
    Section Image

  • S

    Seller's Agent in 2018

    Steven Pilchick

    Weichert Corporate

    (954) 990-6497

    8 Total Sales

    Steven Pilchick
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM636685

Stellar MLS

APN: 90493-20-201

Florida Marion County Ocala 34472 Silver Spring Shores

557 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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