NOT LISTED FOR SALE

7875 Midway Drive Terrace Unit D101 Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $130,000

2 Beds
2 Baths
840 Sq Ft
436 Sq Ft Lot

Sale Details

Date Sold: June 30, 2023

Last sale price $122,000 $145 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,230 / mo

127 Days on Market

Highlights

  • Active Adult
  • Central Heating and Cooling System
  • West Facing Home
  • Living Room
  • Ceiling Fan
  • Carpet

About This Home

As of June 2023

2 bedroom, 2 bathroom first floor condo located in Derby Downs 55+ community. 2020 A/C. 2019 roof. Condo is being sold As-Is and features a screened in lanai. Grounds are well lit in the evening and well-maintained. Streets are lined with beautiful trees providing adequate shade for strolls or bike rides. Conveniently located within a few minutes drive to major retailers, grocery, pharmacy, veterinarians, local restaurants. Community Center located 1/2 mile away. As a Derby Down resident, you could join the Silver Springs Shores Country Club 18-hole golf course with a restaurant/bar at a reduced rate.

Last Agent to Sell the Property

Marna Leffingwell

PLATINUM HOMES AND LAND REALTY License #3465231 Listed on: 01/30/2023

Co-Listed By

Richard Gailey

GAILEY ENTERPRISES REAL ESTATE License #3397595

Last Buyer's Agent

Ricardo Munizaga

UNITED REALTY GROUP INC. License #3511970

UNITED REALTY GROUP INC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $317

Year Built

  • Built in 1987

Lot Details

  • 436

HOA Fees

  • $296 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Additional Features

  • Exterior Lighting
  • West Facing Home
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include maintenance structure, ground maintenance, pest control, trash
  • Vine Management Association, Phone Number (352) 816-8086
  • Visit Association Website
  • Derby Downs Condo Subdivision

Pet Policy

  • Pets up to 25 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$317

Year Built

Built in 1987

Lot Details

436 Sq Ft Lot

HOA Fees

$296 per month

Listing Details

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 840
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 1016
  • Lot Size Sq Ft: 456
  • Status: Sold
  • Co List Office Mls Id: MFR270531437
  • Co List Office Phone: 770-733-2596
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 94.39
  • Escrow State: FL
  • Floor Number: 1
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 145.24
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Linoleum
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 78.04

Exterior Features

  • Direction Faces: West
  • Exterior Features: Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12083C0755D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required
  • Association Fee: 296.44
  • Association Fee Frequency: Monthly
  • Association Name: Vine Management
  • Phone: 352-816-8086
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Association Email: info@vinemgt.com
  • Pet Size: Small (16-35 Lbs.)
  • Association URL: www.vinemgt.com

Fee Information

  • Total Annual Fees: 3557.28
  • Total Monthly Fees: 296.44
  • Monthly HOA Amount: 296.44

Lot Info

  • Zoning: R3
  • Parcel Number: 90490-04-101
  • Additional Parcels: No
  • Flood Zone Code: A

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Contact Vine Management with my questions

Tax Info

  • Tax Annual Amount: 317
  • Tax Block: 0
  • Tax Book Number: J-451
  • Tax Lot: D-101

Multi Family

  • Approval Process: Complete application with Vine Management

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 30, 2023
Closed on
Jun 30, 2023
Sold by
Bought by
Seller's Agent
Marna Leffingwell
PLATINUM HOMES AND LAND REALTY
Buyer's Agent
Ricardo Munizaga
UNITED REALTY GROUP INC.
List Price
$125,000
Sold Price
$122,000
Premium/Discount to List
-$3,000
-2.4%
Views
500
Current Estimated Value
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,000
Avg. Annual Appreciation
2.08%

Purchase Details

Closed on
Mar 17, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
0.0619%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$122,000 Guaranty Title
$82,500 Affiliated Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $66,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2023 06/30/23 Sold $122,000 -0.8% $145 / Sq Ft
06/07/2023 06/07/23 Pending -- -- --
06/05/2023 06/05/23 Price Changed $123,000 -1.6% $146 / Sq Ft
05/17/2023 05/17/23 For Sale $125,000 +2.5% $149 / Sq Ft
05/15/2023 05/15/23 Off Market $122,000 -- --
05/05/2023 05/05/23 Price Changed $126,000 -1.6% $150 / Sq Ft
04/10/2023 04/10/23 Price Changed $128,000 -1.5% $152 / Sq Ft
03/21/2023 03/21/23 Price Changed $130,000 0.0% $155 / Sq Ft
03/21/2023 03/21/23 For Sale $130,000 +6.6% $155 / Sq Ft
03/13/2023 03/13/23 Off Market $122,000 -- --
02/01/2023 02/01/23 Pending -- -- --
01/30/2023 01/30/23 For Sale $125,000 -- $149 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,702 $118,131 $65,000 $53,131
2024 $2,501 $117,039 $65,000 $52,039
2023 $322 $24,350 $0 $0
2022 $317 $23,641 $0 $0
2021 $317 $22,952 $0 $0
2020 $317 $22,635 $0 $0
2019 $317 $22,126 $0 $0
2018 $312 $21,713 $0 $0
2017 $312 $21,266 $0 $0
2016 $290 $20,829 $0 $0
2015 $284 $20,684 $0 $0
2014 $284 $20,520 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM652301

Stellar MLS

APN: 90490-04-101

Your Personal Tour Guide

Ask me questions while you tour the home.