NOT LISTED FOR SALE

725 Midway Dr Unit B Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $113,000 - $133,000

2 Beds
2 Baths
1,068 Sq Ft
$299/ mo HOA Fee

Last Sold December 21, 2023

Last sale price $120,000 $112 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,088/month

78 Days on Market

Highlights

  • In Ground Pool
  • Golf Course View
  • Sun or Florida Room
  • Active Adult
  • Wood Flooring
  • Enclosed Patio or Porch

About This Home

As of December 2023

Upstairs unit with Golf Course View! This condo sits on the 2nd floor of Fairways 5, a managed and age-qualified community for those aged 55+ that backs to the golf course. The condo features two spacious bedrooms - a primary suite and a guest room. Two full bathrooms. One in the primary suite and one off of the hallway. The living space is roomy, comprising a sizable living room and an adjacent dining area with views to the kitchen through a pass-through window/counter area. The large sliding glass doors in the living room allow a view of the adjacent golf course. The spacious covered back patio offers a view of the beautiful golf course. The property also has easy access to the Silver Springs Shores Community Center and The Country Club at Silver Springs Shores, the golf course bordering the property. Both of these facilities host a range of activities and events and have various membership options. The seller is having all-new carpet installed prior to closing in the living area, hallway, both bedrooms, and dining area.

Last Agent to Sell the Property

Stephanie Spink

SMS PROPERTY HOLDINGS INC License #3253795 Listed on: 09/16/2023

Last Buyer's Agent

Qaemin Carson

RE/MAX PREMIER REALTY License #3579922

RE/MAX PREMIER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $409

Year Built

  • Built in 1979

Lot Details

  • North Facing Home

HOA Fees

Property Views

  • Golf Course
  • Pool

Home Design

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

Interior Spaces

  • 1,068 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Laundry closet

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Guest Parking
  • Assigned Parking

Outdoor Features

  • In Ground Pool
  • Enclosed Patio or Porch
  • Outdoor Storage

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include pool, escrow reserves fund, maintenance structure, ground maintenance
  • Sentry Management Lori Anderson Association, Phone Number (352) 343-5706
  • Visit Association Website
  • Fairways/Silver Spgs Shores Co Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • 2 Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$409

Year Built

Built in 1979

Lot Details

436 Sq Ft Lot

HOA Fees

$299 per month

Listing Details

  • HOA Fee Includes: Pool, Escrow Reserves Fund, Maintenance Structure, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1068
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1238
  • Lot Size Sq Ft: 397
  • Number Of Lots: 1
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: Appraiser
  • Building Area Total Srch Sq M: 115.01
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: E Silver Springs Blvd
  • Floor Number: 2
  • Minimum Lease: 1 Month
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 112.36
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • MFR_NumAssignedParkingSpaces: 1
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Linoleum, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Range, Range Hood
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: Appraiser
  • Additional Rooms: Florida Room
  • Living Area Meters: 99.22

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground
  • Exterior Features: Sidewalk, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Golf Course, Pool
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Rear Porch
  • Road Surface Type: Paved
  • Disclosures: Condominium Disclosure Available, HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Assigned, Guest

Utilities

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

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool
  • Association Fee: 259
  • Association Fee Frequency: Monthly
  • Association Name: Sentry Management - Lori Anderson
  • Phone: 352-343-5706
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: All pets must be on lease when outside. Limit of 1 dog or 2 indoor cats (20lbs max weight) Tenants or lessees may not have pets in their units.
  • Association Fee Requirement: Required
  • Condo Fees: 40
  • Condo Land Included YN: 1
  • Max Pet Weight: 20
  • Association Email: landerson@sentrymgt.com
  • Monthly Condo Fee Amount: 40
  • Association URL: sentrymgt.com

Fee Information

  • Total Annual Fees: 3588.00
  • Total Monthly Fees: 299.00
  • Monthly HOA Amount: 259.00

Lot Info

  • Zoning: R3
  • Parcel Number: 90495-01-202
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: X

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Number Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: The association has authority to terminate any lease of the unit upon a violation by the tenant. As of 8/15/22 the BOD may deny any lease or purchase with cause with no return obligation to buy. No unit may be leased in the first 780 days after purchase.

Tax Info

  • Tax Annual Amount: 409
  • Tax Block: n/a
  • Tax Book Number: J-135
  • Tax Lot: 202D

Multi Family

  • Approval Process: Sentry Management - Lori Anderson - landerson@sentrymgt.com - 352-343-5706 - sentrymgt.com

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2023
Closed on
Dec 21, 2023
Sold by
Lundy Jane M
Bought by
Hammond Timothy J and Hammond Marissa Tabar
Seller's Agent
Stephanie Spink
SMS PROPERTY HOLDINGS INC
Buyer's Agent
Qaemin Carson
RE/MAX PREMIER REALTY
List Price
$124,900
Sold Price
$120,000
Premium/Discount to List
-$4,900
-3.92%
Views
374
Current Estimated Value
$123,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,337
Avg. Annual Appreciation
1.28%

Purchase Details

Closed on
Dec 12, 2022
Sold by
Lundy Jane M
Bought by
Lundy Jane M

Purchase Details

Closed on
Apr 4, 2006
Sold by
Lundy Jane M
Bought by
Lundy Jane M and Murphy Patricia A

Purchase Details

Closed on
Feb 13, 2004
Sold by
Klinkroth Robert A and Klinkroth Patricia R
Bought by
Abdelhadi Fathi H and Abdelhadi Connie H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,050
Interest Rate
5.75%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 13, 2001
Sold by
Spradley Oscar L and Spradley Geraldine M
Bought by
Klinkroth Robert A and Klinkroth Patricia R
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
Hammond Timothy J $120,000 First American Title Insurance
Lundy Jane M $100 --
Lundy Jane M -- Attorney
Lundy Jane M $94,000 Ocala Land Title Insurance A
Abdelhadi Fathi H $44,500 Ocala Land Title Insurance A
Klinkroth Robert A $44,000 Ocala Land Title Insurance A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abdelhadi Fathi H $40,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2023 12/21/23 Sold $120,000 -3.9% $112 / Sq Ft
12/04/2023 12/04/23 Pending -- -- --
09/16/2023 09/16/23 For Sale $124,900 -- $117 / 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 $1,850 $113,580 $40,000 $73,580
2024 $2,439 $113,709 $40,000 $73,709
2023 $425 $30,516 $0 $0
2022 $409 $29,627 $0 $0
2021 $395 $28,764 $0 $0
2020 $388 $28,367 $0 $0
2019 $376 $27,729 $0 $0
2018 $358 $27,212 $0 $0
2017 $348 $26,652 $0 $0
2016 $316 $26,104 $0 $0
2015 $306 $25,923 $0 $0
2014 $326 $27,051 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Stephanie Spink

    Seller's Agent in 2023

    Stephanie Spink

    SMS PROPERTY HOLDINGS INC

    (352) 454-8801

    5 in this area

    9 Total Sales

    Stephanie Spink
    Section Image

  • Q

    Buyer's Agent in 2023

    Qaemin Carson

    RE/MAX

    (352) 537-9137

    2 in this area

    8 Total Sales

    Qaemin Carson
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM664683

Stellar MLS

APN: 90495-01-202

Florida Marion County Ocala 34472 Silver Spring Shores

725 Midway Dr Unit B, Ocala, FL

Not Listed for Sale

Condos

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Stellar MLS Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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

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