NOT LISTED FOR SALE

7958 Midway Drive Terrace Unit P101 Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $131,353 - $148,000

2 Beds
2 Baths
840 Sq Ft
$338/mo HOA Fee

Last Sold July 26, 2024

Last sale price $150,000 $179 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $1,256/month

141 Days on Market

Highlights

  • Golf Course Community
  • High Ceiling
  • Stone Countertops
  • Senior Community
  • Furnished
  • Tile Flooring

About This Home

As of July 2024

Welcome to Ocala and Horse Community! You will feel right at home in this equestrian designed 55+ community Derby Downs. You will love
the equestrian feel though-out this golfing community. 1st floor 2/2 FURNISHED condo on the 10th Hole of the Silver Springs Shores Golf Course. What a picturesque view out all your windows. Sit out on your back Glass enclosed Porch or the additional open porch with cement block floor and watch the Golfers, Nature and peaceful views. Back porch has a seating are and a grill to cook dinner on those fabulous summer nights!! Make this your get away from the harsh winter as this is a perfect winter home or a fabulous forever home. As soon as you walk through the front door, you will enjoy all the views and comfort of the exquisite living room. The dining room seats 4 and has sliders right out to the the patio. Patio has great furniture, GRILL and your own Private storage coset with lock. Every inch exudes a magnificent golf design and feel. The kitchen has beautiful Granite countertops and SS appliances. Continue enjoying the outside view with a window over the kitchen sink. Washer and dryer indoors and located in the kitchen. Fabulous double door closet pantry to give your so much pantry space. Guest room is ample space for your company. Primary bedroom suite has built in closet, vanity and separate toilet/shower area. NEW ROOF and AC 2019. Own your own little piece of paradise. Minutes from the Silver Springs Community center. Free membership and a $5 fee for your member key. Silver Springs community Center offers a small gym, 3 pools, jacuzzi, pickle ball, Library, recreation, Lake, shuffleboard and so much more. Low Taxes and Low Homeowners insurance make this the perfect Permanent or winter home. Have Lunch at Gator Joes BeachBar and Grill only 6 Miles away or Visit Carny Island and Lake wier only miles away!. Love nature? Visit Silver Springs Sate Park only 7 miles away... Go kayaking... Walk... Shop what ever you wish.Call today to schedule your private tour.

Last Agent to Sell the Property

Marie Evans

REMAX/PREMIER REALTY Brokerage Phone: 352-732-3222 License #3281590 Listed on: 02/14/2024

REMAX/PREMIER REALTY

Last Buyer's Agent

Alexander Papp

1ST CLASS REAL EST PREMIER GRP License #3560915

1ST CLASS REAL EST PREMIER GRP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,537

Year Built

  • Built in 1987

Lot Details

  • Southeast Facing Home
  • Irrigation

HOA Fees

  • $338 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Metal Siding

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Microwave
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, common area taxes, escrow reserves fund, maintenance structure, ground maintenance, pest control, trash
  • Vine Management/Laurie Gahr Association, Phone Number (352) 812-8086
  • Visit Association Website
  • Derby Downs Condo Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Community Mailbox

Recreation

  • Golf Course Community

Pet Policy

  • Pets up to 15 lbs
  • 1 Pet Allowed
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,537

Year Built

Built in 1987

Lot Details

0

HOA Fees

$338 per month

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Escrow Reserves Fund, 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: 996
  • Lot Size Sq Ft: 396
  • Directions to Property: Maricamp South to Silver Spring Shores. Turn Left at Midway RD. Go to Midway Dr and Turn Right. Go to Derby Downs and Home is on the left.
  • Status: Sold
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow City: Ocala
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: SE Fort King Street
  • Escrow Street Number: 1727
  • Floor Number: 1
  • List Office Head Office Key Nume: 1044887
  • Minimum Lease: 3 Months
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 178.57
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-732-3222
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Stone Counters, Thermostat, Window Treatments
  • Appliances Included: Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 7958
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 78.04
  • Room Count: 5

Exterior Features

  • Direction Faces: Southeast
  • Exterior Features: Irrigation System, Lighting, Rain Gutters, Sidewalk, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Community Mailbox, Deed Restrictions, Golf
  • Association Fee: 337.94
  • Association Fee Frequency: Monthly
  • Association Name: Vine Management/Laurie Gahr
  • Phone: 352-812-8086
  • Association: Yes
  • Senior Community: Yes
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: Check deed restrictions
  • Association Fee Requirement: Required
  • Building Name Number: P
  • Condo Fees: 0
  • Condo Land Included YN: 1
  • Max Pet Weight: 15
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: info@vinemgt.com
  • Pet Size: Very Small (Under 15 Lbs.)
  • Association URL: www.vinemgt.com

Fee Information

  • Total Annual Fees: 4055.28
  • Total Monthly Fees: 337.94
  • Monthly HOA Amount: 337.94

Lot Info

  • Zoning: R3
  • Parcel Number: 90490-16-101
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 37

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check deed restrictions

Tax Info

  • Tax Annual Amount: 1536.67
  • Tax Block: 0/0
  • Tax Book Number: J-451DERBY
  • Tax Lot: 0

Multi Family

  • Approval Process: Application Fee Background Approval

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 14, 2024
Closed on
Jul 26, 2024
Sold by
Barbara R Clark Revocable Trust and Clark Barbara R
Bought by
Jucha Patricia A
Seller's Agent
Marie Evans
REMAX/PREMIER REALTY
Buyer's Agent
Alexander Papp
1ST CLASS REAL EST PREMIER GRP
List Price
$164,900
Sold Price
$150,000
Premium/Discount to List
-$14,900
-9.04%
Views
203
Current Estimated Value
$142,088

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,912
Avg. Annual Appreciation
-4.81%

Purchase Details

Closed on
May 22, 2013
Sold by
Hupfer Curtis A and Hupfer Carol M
Bought by
Clark Barbara R and Barbara R Clark Revocable Trus
Source: Public Records

Range of Values:

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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
Jucha Patricia A $150,000 Stewart Title
Clark Barbara R $58,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $150,000 -6.2% $179 / Sq Ft
07/05/2024 07/05/24 Pending -- -- --
05/06/2024 05/06/24 Price Changed $159,900 -3.0% $190 / Sq Ft
02/14/2024 02/14/24 For Sale $164,900 -- $196 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $1,745 $55,718 -- --
2023 $1,537 $50,653 $0 $0
2022 $1,346 $46,048 $0 $0
2021 $1,241 $58,181 $30,000 $28,181
2020 $1,150 $50,908 $25,000 $25,908
2019 $1,054 $42,327 $2,426 $39,901
2018 $963 $38,570 $2,426 $36,144
2017 $894 $33,395 $2,424 $30,971
2016 $846 $25,993 $0 $0
2015 $804 $23,630 $0 $0
2014 $686 $21,482 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM672857

Stellar MLS

APN: 90490-16-101