NOT LISTED FOR SALE

7972 Midway Drive Terrace Unit O201 Ocala, FL 34472

Silver Spring Shores Neighborhood

Estimated Value: $128,000 - $142,000

2 Beds
2 Baths
840 Sq Ft
$266/mo HOA Fee

Last Sold June 01, 2022

Last sale price $109,000 $130 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,138/month

1 Day on Market

Highlights

  • Senior Community
  • Community Pool
  • Walk-In Closet
  • L-Shaped Dining Room
  • Enclosed Patio or Porch
  • Community Playground

About This Home

As of June 2022

Are you looking for a Beautiful Golf Course View? Located in desirable 55+ Derby Downs Community with a terrific 2nd story view of the 10th Fairway. This adorable 2 Bedroom and 2 Full Bath Condo is light and Bright! Nice size master bedroom, inside laundry, Living Room / Dining room area is ample size and has the enclosed patio off the Dining room. Such a great location near shopping, restaurants, golfing, medical, Silver Springs community center and Greenway Trail Head.

Last Agent to Sell the Property

Marcia Kasper

RE/MAX ALLSTARS REALTY License #3263372 Listed on: 04/11/2022

RE/MAX ALLSTARS REALTY

Last Buyer's Agent

Ashley Yates

ASHLEY YATES REALTY License #3262187

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,412

Year Built

  • Built in 1987

Lot Details

  • 436

HOA Fees

  • $266 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 840 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Sliding Doors
  • L-Shaped Dining Room

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heat or Energy Recovery Ventilation System
  • Private Sewer
  • Cable TV Available

Additional Features

  • Enclosed Patio or Porch
  • Northeast Facing Home

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include ground maintenance, trash
  • Vine Management Association, Phone Number (352) 812-8086
  • Derby Downs Subdivision

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets up to 35 lbs
  • 1 Pet Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,412

Year Built

Built in 1987

Lot Details

0

HOA Fees

$266 per month

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Trash
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 840
  • Lot Size Acres: 0.01
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 1022
  • Lot Size Sq Ft: 453
  • Directions to Property: From Maricamp Road, Right onto Silver Road, Left onto Silver Pass, Bear Right onto Midway Drive, changes to Midway Drive Terrace on the Left.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Escrow City: Ocala
  • Escrow Postal Code: 34471
  • Escrow State: FL
  • Escrow Street Name: SE 1 Avenue
  • Escrow Street Number: 109
  • Floor Number: 2
  • List Office Head Office Key Nume: 1044877
  • Number Of Pets: 1
  • RATIO Current Price By Calculate: 129.76
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), L Dining, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 7972
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 78.04
  • Room Count: 5

Exterior Features

  • Direction Faces: Northeast
  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Rear Porch
  • Road Surface Type: Paved
  • Disclosures: 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: Cable Available, Electricity Available
  • Cooling: Central Air
  • Heating: Central, Heat Recovery Unit
  • Sewer: Private Sewer
  • Water Source: Private

Condo/Co-op/Association

  • Community Features: Playground, Pool
  • Association Fee: 266
  • Association Fee Frequency: Monthly
  • Association Name: Vine Management
  • Phone: 352-812-8086
  • Association: Yes
  • Senior Community: Yes
  • Association Fee Requirement: Required
  • Building Name Number: 0201
  • Condo Land Included YN: 1
  • Max Pet Weight: 35
  • Montly Maint Amt Addition To HOA: 0
  • Association Email: Info@vinemgt.com
  • Pet Size: Small (16-35 Lbs.)

Fee Information

  • Total Annual Fees: 3192.00
  • Total Monthly Fees: 266.00
  • Monthly HOA Amount: 266.00

Lot Info

  • Zoning: R3
  • Parcel Number: 90490-15-201
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 42

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1412.17
  • Tax Block: 0
  • Tax Book Number: J-451
  • Tax Lot: O-201

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2019
Closed on
Mar 15, 2019
Sold by
Vannatta Fred A and Vannatta Janet M
Bought by
Young Larry Ted
Seller's Agent
Bert Meadows
MEADOWS REALTY, LLC
Buyer's Agent
Marcia Kasper
RE/MAX ALLSTARS REALTY
List Price
$49,500
Sold Price
$45,000
Premium/Discount to List
-$4,500
-9.09%
Current Estimated Value
$128,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,228
Avg. Annual Appreciation
17.92%

Purchase Details

Closed on
Feb 10, 2003
Sold by
Mushinsky Robert Francis and Mushinsky Shirley
Bought by
Mushinsky Shirley and Shirley Mushinsky Trust
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
Young Larry Ted $45,000 First American Title Ins Co
Mushinsky Shirley -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Forde Sue $98,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2022 06/01/22 Sold $109,000 0.0% $130 / Sq Ft
04/13/2022 04/13/22 Pending -- -- --
04/11/2022 04/11/22 For Sale $109,000 +142.2% $130 / Sq Ft
03/07/2022 03/07/22 Off Market $45,000 -- --
03/15/2019 03/15/19 Sold $45,000 -9.1% $54 / Sq Ft
02/22/2019 02/22/19 Pending -- -- --
01/14/2019 01/14/19 For Sale $49,500 -- $59 / 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 $2,039 $91,617 $50,000 $41,617
2022 $1,532 $61,301 $0 $0
2021 $1,412 $57,921 $30,000 $27,921
2020 $1,305 $50,662 $25,000 $25,662
2019 $1,045 $41,929 $2,426 $39,503
2018 $955 $38,166 $2,426 $35,740
2017 $887 $33,036 $2,424 $30,612
2016 $839 $25,669 $0 $0
2015 $798 $23,335 $0 $0
2014 $681 $21,214 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM637289

Stellar MLS

APN: 90490-15-201