7972 Midway Drive Terrace Unit O103 Ocala, FL 34472
Silver Spring Shores NeighborhoodEstimated payment $1,055/month
Total Views
7,031
1
Bed
1
Bath
625
Sq Ft
$206
Price per Sq Ft
Highlights
- Oak Trees
- Golf Course View
- Mature Landscaping
- Senior Community
- End Unit
- Gazebo
About This Home
PRICE IMPROVEMENT!!! Welcome to Derby Downs – where the charm of a storybook village meets the comfort of modern living. If you've ever dreamed of living in a one of a kind community, this is your chance to own a piece of that dream! Nestled amidst towering live oaks, the community is set along a beautifully lighted, tree-lined street, perfect for evening strolls. The neighborhood is peacefully surrounded by a lush golf course, offering a serene and scenic backdrop. This charming 1-bedroom, 1-bath ground-floor unit is meticulously maintained and boasts the privacy of no neighbors above. Enjoy a quiet, cul-de-sac location with no thru-traffic, ensuring ultimate peace and tranquility. The property is currently being enhanced with fresh paint throughout the units, and new asphalt has been laid on the roads.For a small fee, you can also join the Silver Springs Shores Community Center, which provides access to multiple pools, exercise room, and pickleball courts – perfect for those who enjoy an active lifestyle. Golf enthusiasts will love the proximity to nearby courses, and hikers will appreciate the nearby wildlife management area. Plenty of nearby lakes for fishing. Shopping is about 2 miles away.As for the condo itself, the COA fee covers all roof upkeep, exterior repairs, landscaping, pest control, and trash removal, giving you ultimate convenience and peace of mind. There is a storage space in the attic with pull down stairs for access. Plus, the AC is only 3 years old!Live the dream at Derby Downs – where every day feels like a step into a fairytale!
Listing Agent
COOKIE KING REAL ESTATE, INC Brokerage Phone: 352-528-5010 License #3286935 Listed on: 02/19/2025
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,443
Year Built
- Built in 1987
Lot Details
- End Unit
- West Facing Home
- Mature Landscaping
- Oak Trees
HOA Fees
- $251 Monthly HOA Fees
Parking
- 1 Parking Garage Space
Home Design
- Bungalow
- Slab Foundation
- Frame Construction
- Shingle Roof
Interior Spaces
- 625 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Sliding Doors
- Living Room
- Golf Course Views
- Range
Flooring
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 1 Bedroom
- 1 Full Bathroom
Laundry
- Laundry closet
- Dryer
- Washer
Outdoor Features
- Patio
- Gazebo
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Thermostat
- High Speed Internet
- Phone Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Assessor Parcel Number 90490-15-103
Community Details
Overview
- Senior Community
- Association fees include maintenance structure, ground maintenance, pest control, private road, trash
- Laurie Gahr Association, Phone Number (352) 812-8086
- Visit Association Website
- Derby Downs Subdivision
Amenities
- Community Mailbox
Pet Policy
- Pets up to 25 lbs
- Pet Size Limit
Map
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Home Values in the Area
Average Home Value in this Area
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 | $1,443 | $35,639 | $0 | $0 |
| 2022 | $1,120 | $32,399 | $0 | $0 |
| 2021 | $1,030 | $49,993 | $30,000 | $19,993 |
| 2020 | $956 | $43,355 | $25,000 | $18,355 |
| 2019 | $837 | $30,017 | $1,805 | $28,212 |
| 2018 | $770 | $27,202 | $1,805 | $25,397 |
| 2017 | $722 | $23,520 | $1,803 | $21,717 |
| 2016 | $681 | $18,288 | $0 | $0 |
| 2015 | $650 | $16,625 | $0 | $0 |
| 2014 | $567 | $15,114 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Price Changed | $129,000 | -4.8% | $206 / Sq Ft |
| 02/19/2025 02/19/25 | For Sale | $135,500 | +10.2% | $217 / Sq Ft |
| 10/05/2023 10/05/23 | Sold | $123,000 | -3.8% | $197 / Sq Ft |
| 09/12/2023 09/12/23 | Pending | -- | -- | -- |
| 09/04/2023 09/04/23 | For Sale | $127,900 | 0.0% | $205 / Sq Ft |
| 08/22/2023 08/22/23 | Pending | -- | -- | -- |
| 06/28/2023 06/28/23 | For Sale | $127,900 | 0.0% | $205 / Sq Ft |
| 10/14/2020 10/14/20 | Rented | $1,100 | 0.0% | -- |
| 10/01/2020 10/01/20 | For Rent | $1,100 | -- | -- |
Source: Stellar MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $123,000 | Atlas Title |
Source: Public Records
Similar Homes in Ocala, FL
Source: Stellar MLS
MLS Number: OM695447
APN: 90490-15-103
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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