NOT LISTED FOR SALE

7945 Midway Drive Terrace Unit H101 Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $118,182 - $132,000

2 Beds
2 Baths
840 Sq Ft
436 Sq Ft Lot Lot

Sale Details

Date Sold: May 5, 2023

Last sale price $120,000 $143 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,076 / mo

43 Days on Market

Highlights

  • Active Adult
  • Sun or Florida Room
  • Central Heating and Cooling System
  • Lake View
  • Sliding Doors
  • Combination Dining and Living Room

About This Home

As of May 2023

Ground floor, 2 bedroom, 2 bath with lake view in desireable, equine themed Derby Downs. Located on dead end road, Derby Downs is a very quiet, tranquil setting boasting tree lined streets perfect for bike ride or stroll. Traffic is minimal consisting mostly of residents and guests. No through traffic. Major retailor, hardware store, pharmacy and grocery stores within a few minutes drive. Derby Downs condo association takes great pride in maintaining the grounds. Owners of Derby Downs can become members of Silver Springs Community Center for only $5.00 a year ! The community center has workout room, pool tables, library, hall for rental with large TV screen. Condo membership includes exterior maintenance, common area maintenance, pest control and trash pickup. New roof in 2021.

Last Agent to Sell the Property

David Wineriter

HOMERUN REALTY License #3265850 Listed on: 03/04/2023

HOMERUN REALTY

Last Buyer's Agent

Scott Coldwell

COLDWELL REALTY SOLD GUARANTEE License #3077217

COLDWELL REALTY SOLD GUARANTEE

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $317

Year Built

  • Built in 1987

Lot Details

  • East Facing Home

HOA Fees

  • $260 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 840 Sq Ft Home
  • 2-Story Property
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Vinyl Flooring
  • Lake Views

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

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 maintenance structure, ground maintenance, pest control, trash
  • Vine Management Association, Phone Number (352) 816-8086
  • Derby Downs Condo Subdivision

Pet Policy

  • Pets up to 25 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$317

Year Built

Built in 1987

Lot Details

436 Sq Ft Lot

HOA Fees

$260 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
  • Building Area Total: 993
  • Lot Size Sq Ft: 449
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 92.25
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: E. Silver Springs Blvd.
  • Floor Number: 1
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 142.86
  • Water Access YN: 0
  • Condo Fees Term: Monthly
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Living Room/Dining Room Combo, Thermostat, Window Treatments
  • Appliances Included: Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 78.04

Exterior Features

  • Direction Faces: East
  • Exterior Features: Lighting, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View: Lake
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required
  • 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 Fees: 260
  • Condo Land Included YN: 0
  • Max Pet Weight: 25
  • Monthly Condo Fee Amount: 260
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 3120.00
  • Total Monthly Fees: 260.00

Lot Info

  • Zoning: R3
  • Parcel Number: 90490-08-101
  • Additional Parcels: No
  • Flood Zone Code: A

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: contact vine management with questions. no short term rentals.

Tax Info

  • Tax Annual Amount: 317.48
  • Tax Block: 0
  • Tax Book Number: J-451
  • Tax Lot: 0

Multi Family

  • Approval Process: Apply through Vine Management.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2023
Closed on
May 5, 2023
Sold by
Flavia Maiorino Revocable Trust
Bought by
Sanders Edward N and Bernal Olga
Seller's Agent
David Wineriter
HOMERUN REALTY
Buyer's Agent
Scott Coldwell
COLDWELL REALTY SOLD GUARANTEE
List Price
$157,000
Sold Price
$120,000
Premium/Discount to List
-$37,000
-23.57%
Views
226
Current Estimated Value
$124,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,296
Avg. Annual Appreciation
1.18%

Purchase Details

Closed on
Mar 26, 2015
Sold by
Maiorino Flavia
Bought by
Maiorino Flavia and Flavia Maiorino Revocable Trus

Purchase Details

Closed on
Dec 23, 2004
Sold by
Willard James Edward and Willard Patricia A
Bought by
Maiorino Flavia
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
Sanders Edward N $120,000 None Listed On Document
Maiorino Flavia -- None Available
Maiorino Flavia $58,000 Superior Title Insurance Age
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2023 05/05/23 Sold $120,000 -18.4% $143 / Sq Ft
04/17/2023 04/17/23 Pending -- -- --
03/15/2023 03/15/23 Price Changed $147,000 -6.4% $175 / Sq Ft
03/04/2023 03/04/23 For Sale $157,000 -- $187 / 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 $1,830 $117,518 $65,000 $52,518
2024 $1,718 $116,501 $65,000 $51,501
2023 $322 $23,876 $0 $0
2022 $317 $23,181 $0 $0
2021 $317 $22,506 $0 $0
2020 $317 $22,195 $0 $0
2019 $317 $21,696 $0 $0
2018 $312 $21,291 $0 $0
2017 $312 $20,853 $0 $0
2016 $290 $20,424 $0 $0
2015 $284 $20,282 $0 $0
2014 $284 $20,121 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Wineriter

    Seller's Agent in 2023

    David Wineriter

    HOMERUN REALTY

    (352) 445-5456

    30 in this area

    36 Total Sales

    David Wineriter
    Section Image
  • Scott Coldwell

    Buyer's Agent in 2023

    Scott Coldwell

    COLDWELL REALTY SOLD GUARANTEE

    (352) 209-0000

    164 in this area

    1,097 Total Sales

    Scott Coldwell
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM654102

Stellar MLS

APN: 90490-08-101

Florida Marion County Ocala 34472 Silver Spring Shores

7945 Midway Drive Terrace Unit H101, 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

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