NOT LISTED FOR SALE

7972 Midway Drive Terrace Unit O101 Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $129,986 - $147,000

2 Beds
2 Baths
840 Sq Ft
$258/mo HOA Fee

Last Sold August 01, 2022

Last sale price $127,900 $152 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,112/month

72 Days on Market

Highlights

  • Senior Community
  • Tile Flooring
  • South Facing Home
  • Golf Course View
  • Central Heating and Cooling System

About This Home

As of August 2022

Back on the market due to buyer falling ill. Highly sought after ground level 2 bedroom 2 bath condo in horse themed desirable Derby Downs, overlooking the 10th fairway on the golf course with state forest past the fairway. This unit is NOT in a flood zone. Derby Downs just satisfactorily completed a community-wide wind mitigation study confirming stability and durability of all condo units. Unit has many upgrades including a new HVAC system in 2021, double pane windows in 2020. New refrigerator, stove, microwave, dishwasher installed in 2019. Owner also had water filters installed on freezer ice maker and dishwasher. Clothes washer and dryer is 1.5 years old. There is also a termite bond which is transferable and includes regular inside pest control at no cost to owner. This unit comes unfurnished. Located on dead end road, traffic is minimal, and consists of residents and their guests. The grounds are immaculately kept by condo association. Tree lined streets and sidewalks provide for a pleasant walk or bike ride. Grocery, retailers, pharmacy, medical professionals, veterinarians, hardware store, all within less than ten minutes. The Silver Springs Community center is less than five minutes away and Derby Downs owners receive complimentary memberships. Community Center has a large hall for parties, stage, big screen TV, small library, pool tables, card room, heated swimming pool, work out room and many planned activities for its members. A lake at the community center makes for a perfect place to host family gatherings or just enjoying Florida outdoors. Marshall Swamp trailhead is also just a short walk away. Derby Downs is a must see . This is where you need to be.

Last Agent to Sell the Property

David Wineriter

HOMERUN REALTY License #3265850 Listed on: 05/04/2022

HOMERUN REALTY

Last Buyer's Agent

John Lorenzo

HOMERUN REALTY License #3537596

HOMERUN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $813

Year Built

  • Built in 1987

Lot Details

  • 436

HOA Fees

  • $258 Monthly HOA Fees

Property Views

  • Golf Course
  • Woods

Home Design

  • Slab Foundation
  • Shingle Roof
  • Metal Siding

Interior Spaces

  • 840 Sq Ft Home
  • 2-Story Property
  • Tile Flooring
  • Washer

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • South Facing Home

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include cable TV, maintenance structure, ground maintenance, pest control, sewer, trash
  • Laurie Garr Association
  • Derby Downs Subdivision
  • Rental Restrictions

Pet Policy

  • Pet Size Limit
  • Small pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$813

Year Built

Built in 1987

Lot Details

0

HOA Fees

$258 per month

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Structure, Maintenance Grounds, Pest Control, Sewer, 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: 421
  • Directions to Property: Maricampe east, tl onto Midway Rd. Go to end, tr onto Midway Drive. Go through Derby Downs entrance to orange buildings. Unit is on left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM638659?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM638659?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 152.26
  • Close to Original List Price Ratio: 1
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Thermostat
  • Appliances Included: Convection Oven, Dishwasher, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 7972
  • Room Count: 4

Exterior Features

  • Direction Faces: South
  • Exterior Features: Lighting, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • View: Golf Course, Trees/Woods
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Sidewalk
  • Association Fee Frequency: Monthly
  • Association Name: Laurie Garr
  • Association: Yes
  • Senior Community: Yes
  • Condo Fees: 258
  • Condo Fees Term: Monthly
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 258
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3096
  • Total Monthly Fees: 258

Lot Info

  • Zoning: R3
  • Parcel Number: 90490-15-101
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Size Limit, Yes
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: No Minimum
  • Approval Process: Apply to Vine Management. Application will be provided.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Buyer to verify lease restrictions.

Tax Info

  • Tax Annual Amount: 812.56
  • Tax Block: na
  • Tax Book Number: J-451
  • Tax Lot: O-101

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2022
Closed on
Jul 29, 2022
Sold by
Hillier-Campbell Geraldine J and Hillier-Campbell Lyle C
Bought by
Rogers Nelly
Seller's Agent
David Wineriter
HOMERUN REALTY
Buyer's Agent
John Lorenzo
HOMERUN REALTY
List Price
$127,900
Sold Price
$127,900
Current Estimated Value
$136,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,598
Avg. Annual Appreciation
2.64%

Purchase Details

Listed on
Jul 14, 2019
Closed on
Sep 23, 2019
Sold by
Self Marcia R
Bought by
Hillier Campbell Geraldine J and Campbell Lyle C
Seller's Agent
Marie Evans
REMAX/PREMIER REALTY
Buyer's Agent
Pamela Allen
HORSE CAPITAL HOMES AND FARMS
List Price
$64,900
Sold Price
$64,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.88%

Purchase Details

Closed on
Oct 28, 2010
Sold by
Lindsley Edward and Lindsley Nancy
Bought by
Self James H and Self Marcia R
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Rogers Nelly $127,900 Affiliated Title Of Central Fl
Hillier Campbell Geraldine J $64,900 Signature T&E Svcs Llc
Self James H $59,900 Brick City Title Insurance A
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/01/2022 08/01/22 Sold $127,900 0.0% $152 / Sq Ft
07/16/2022 07/16/22 Pending -- -- --
06/23/2022 06/23/22 For Sale $127,900 0.0% $152 / Sq Ft
05/05/2022 05/05/22 Pending -- -- --
05/04/2022 05/04/22 For Sale $127,900 +97.1% $152 / Sq Ft
09/27/2019 09/27/19 Sold $64,900 0.0% $77 / Sq Ft
08/05/2019 08/05/19 Pending -- -- --
07/14/2019 07/14/19 For Sale $64,900 -- $77 / 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
2023 $1,267 $91,835 $50,000 $41,835
2022 $808 $53,110 $0 $0
2021 $813 $51,563 $0 $0
2020 $811 $50,851 $25,000 $25,851
2019 $1,052 $42,234 $2,426 $39,808
2018 $961 $38,476 $2,426 $36,050
2017 $893 $33,311 $2,424 $30,887
2016 $844 $25,918 $0 $0
2015 $803 $23,562 $0 $0
2014 $685 $21,420 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Wineriter

    Seller's Agent in 2022

    David Wineriter

    HOMERUN REALTY

    (352) 445-5456

    35 in this area

    47 Total Sales

    Section Image

  • J

    Buyer's Agent in 2022

    John Lorenzo

    HOMERUN REALTY

    (352) 233-3602

    7 in this area

    30 Total Sales

    Section Image
  • Marie Evans

    Seller's Agent in 2019

    Marie Evans

    RE/MAX

    (352) 425-3387

    96 in this area

    218 Total Sales

    Section Image
  • Pamela Allen

    Buyer's Agent in 2019

    Pamela Allen

    HORSE CAPITAL HOMES AND FARMS

    (352) 502-6160

    2 in this area

    139 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: OM638659

Stellar MLS

APN: 90490-15-101

Florida Marion County Ocala 34472 Silver Spring Shores

7972 Midway Drive Terrace Unit O101, Ocala, FL

This home is located at 7972 Midway Drive Terrace Unit O101, Ocala, FL 34472 since 04 May 2022 and is currently estimated at $137,997, approximately $164 per square foot. This property was built in 1987. 7972 Midway Drive Terrace Unit O101 is a home located in Marion County with nearby schools including Greenway Elementary School, Lake Weir Middle School, and Lake Weir High School.

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 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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