NOT LISTED FOR SALE

7885 Midway Drive Terrace Unit E103 Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $96,000 - $118,000

1 Bed
1 Bath
625 Sq Ft
642 Sq Ft Lot

Sale Details

Date Sold: August 12, 2016

Last sale price $25,000 $40 Per Sq Ft

Est. 315% increase in value since last sale

Current estimated payment $930 / mo

1 Day on Market

Highlights

  • Race Track
  • Screened Patio
  • Carpet
  • Active Adult
  • Central Air
  • Heating Available

About This Home

As of August 2016

Beautiful Settings and grounds in popular Derby Downs Condos. Ground floor unit, Screened porch, outside storage area. Great for seasonal snowbirds or fulltime occupants.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1987

Lot Details

  • 642

HOA Fees

  • $228 Monthly HOA Fees

Home Design

  • Frame Construction
  • Shingle Roof

Interior Spaces

  • 625 Sq Ft Home
  • 1-Story Property
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Screened Patio
  • Cleared Lot
  • Race Track

Community Details

  • Active Adult
  • Association fees include ground maintenance
  • Derby Downs Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Property Available on 7/27/16
  • Tax Lot E-103
  • Assessor Parcel Number 90490-05-103

Property Details

Home Type

Condominium

Year Built

Built in 1987

Lot Details

642 Sq Ft Lot

HOA Fees

$228 per month

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Frame
  • Fireplace: No
  • Living Area: 625
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 625
  • Lot Size Sq Ft: 642
  • Status: Sold
  • RATIO Current Price By Calculate: 40.00
  • Water Access YN: 0
  • Barn Features: None
  • Number Of Paddocks Pastures: 0
  • Number Of Stalls: 0
  • Last Date Available: 2016-08-27T00:00:00.000
  • Tax Year: 2018
  • Special Features: RealEstateOwned

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Appliances Included: Range, Refrigerator
  • Total Bedrooms: 1
  • Levels: One
  • Stories: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Screened
  • Water View YN: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Number Of Septics: 0
  • Number of Wells: 0

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 228
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 228.00

Lot Info

  • Zoning: R-3 Mulitple Family Dwell
  • Parcel Number: 90490-05-103
  • Additional Parcels: No
  • Lot Features: Cleared, In County
  • Horse Amenities: None, Race Track

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2016-07-27
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 632
  • Tax Book Number: J-451
  • Tax Lot: E-103

Multi Family

  • Total Num Buildings: 0
  • Unit Count: 0

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
Jul 27, 2016
Closed on
Aug 12, 2016
Sold by
Bought by
List Price
$25,000
Sold Price
$25,000
Current Estimated Value
$103,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,859
Avg. Annual Appreciation
15.47%

Purchase Details

Closed on
Aug 4, 2015
Sold by
Bought by
Source: Public Records
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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
$25,000 Stewart Title Co
$16,300 None Available
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
08/12/2016 08/12/16 Sold $25,000 0.0% $40 / Sq Ft
07/29/2016 07/29/16 Pending -- -- --
07/27/2016 07/27/16 For Sale $25,000 -- $40 / 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 $1,739 $47,552 -- --
2024 $1,483 $43,229 -- --
2023 $1,305 $39,299 $0 $0
2022 $1,151 $35,726 $0 $0
2021 $1,058 $48,603 $30,000 $18,603
2020 $981 $42,096 $25,000 $17,096
2019 $855 $28,123 $1,805 $26,318
2018 $785 $25,601 $1,805 $23,796
2017 $735 $22,183 $1,803 $20,380
2016 $710 $21,722 $0 $0
2015 $632 $15,831 $0 $0
2014 $553 $14,392 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: OM504491

Stellar MLS

APN: 90490-05-103

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