NOT LISTED FOR SALE

7885 Midway Drive Terrace Unit E201 Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $125,000

2 Beds
2 Baths
840 Sq Ft
436 Sq Ft Lot

Sale Details

Date Sold: June 18, 2021

Last sale price $80,000 $95 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $994 / mo

71 Days on Market

Highlights

  • Active Adult
  • Combination Dining and Living Room
  • Carpet
  • Central Heating and Cooling System
  • South Facing Home

About This Home

As of June 2021

Quaint condominium nestled in the desirable wooded neighborhood of Derby Downs. Enjoy peace and quiet in this 55+ community upstairs condo unit that backs up to the golf course and lake. Bright and airy living room with new Pella windows, double hung and double pane that open from inside for easy cleaning. Kitchen features new countertops and faucets and recessed lighting in the eating area. Large master bedroom with plenty of room for a king size bed and master bathroom with new walk in shower. This condo also offers extra storage in the attic. New roof in 2019, A/C and HVAC less than 10 years old and water heater less than 8 years old. Condo association fees cover common area maintenance, painting of buildings, pest control, roof, and membership in Silver Springs Community Center with heated pool, workout room, billiards, rental hall for events, cards, TV room, and small library. Although this quiet neighborhood is tucked away in a secluded area, it is within 10 minutes from restaurants, shopping, grocery and medical facilities. Derby Downs is a very peaceful, well-maintained community. The residents take great pride in where they live and it shows!!

Last Agent to Sell the Property

June Young

SYNERGY REALTY SERVICES LLC License #3341511 Listed on: 03/13/2021

SYNERGY REALTY SERVICES LLC

Last Buyer's Agent

Lisa Herrero

RE/MAX ALLSTARS REALTY License #3061010

RE/MAX ALLSTARS REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,228

Year Built

  • Built in 1987

Lot Details

  • South Facing Home

HOA Fees

  • $226 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Metal Siding

Interior Spaces

  • 840 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Dryer

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Thermostat

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Association fees include maintenance structure, ground maintenance, pest control, trash
  • Rebecca Mccray Association, Phone Number (352) 812-8086
  • Derby Downs Subdivision

Pet Policy

  • Pets up to 15 lbs
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,228

Year Built

Built in 1987

Lot Details

436 Sq Ft Lot

HOA Fees

$226 per month

Listing Details

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Pest Control, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Metal Siding
  • Fireplace: No
  • Living Area: 840
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1987
  • Lot Size Sq Ft: 496
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM616749?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM616749?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 95.24
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Linoleum
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Thermostat
  • Appliances Included: Dryer, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Room Count: 4

Exterior Features

  • Direction Faces: South
  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0755D

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Sewer 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: Sidewalk
  • Association Name: Rebecca McCray
  • Phone: 352-812-8086
  • Association: Yes
  • Senior Community: Yes
  • Condo Fees: 226
  • Condo Fees Term: Monthly
  • Association Email: info@vinemanagementofocala.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 226
  • Association Fee Requirement: None
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2712
  • Total Monthly Fees: 226

Lot Info

  • Zoning: R3
  • Parcel Number: 90490-05-201
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2008-08-28

Rental Info

  • Pets Allowed: Size Limit
  • Pet Size: Very Small (Under 15 Lbs.)
  • Max Pet Weight: 15
  • Minimum Lease: No Minimum
  • Approval Process: Vine Management
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1228
  • Tax Block: 05/201
  • Tax Book Number: J-451,DERBY
  • Tax Lot: 62

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
Mar 13, 2021
Closed on
Jun 17, 2021
Sold by
Bought by
Seller's Agent
June Young
SYNERGY REALTY SERVICES LLC
Buyer's Agent
Lisa Herrero
RE/MAX ALLSTARS REALTY
List Price
$80,000
Sold Price
$80,000
Current Estimated Value
$125,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,000
Avg. Annual Appreciation
9.24%

Purchase Details

Closed on
Dec 28, 2017
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
$80,000 Ocala Land Ttl Ins Agcy Ltd
-- Attorney
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
06/18/2021 06/18/21 Sold $80,000 0.0% $95 / Sq Ft
05/22/2021 05/22/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $80,000 -- $95 / 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 $1,165 $76,269 -- --
2024 $940 $74,120 -- --
2023 $932 $71,961 $0 $0
2022 $917 $69,865 $40,000 $29,865
2021 $1,328 $57,195 $30,000 $27,195
2020 $1,228 $49,976 $25,000 $24,976
2019 $317 $20,899 $0 $0
2018 $312 $20,509 $0 $0
2017 $312 $20,087 $0 $0
2016 $290 $19,674 $0 $0
2015 $284 $19,537 $0 $0
2014 $284 $19,382 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • June Young

    Seller's Agent in 2021

    June Young

    SYNERGY REALTY SERVICES LLC

    (352) 843-6708

    7 in this area

    37 Total Sales

    June Young
    Section Image
  • Lisa Herrero

    Buyer's Agent in 2021

    Lisa Herrero

    RE/MAX

    (352) 325-1243

    4 in this area

    69 Total Sales

    Lisa Herrero
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM616749

Stellar MLS

APN: 90490-05-201

Florida Marion County Ocala 34472 Silver Spring Shores

7885 Midway Drive Terrace Unit E201, 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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.