This lot is located in a prime business area of Silver Springs Shores off Midway Road or Maricamp Road. Minutes away from Walmart, CVS, Publix, Wallgreens etc. Sellers owns adjacent lot both are zoned B-4
This property is $4.7K more than the Median Sold Price in Ocala, FL.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #OM622055
Listing Office:
Office Name: BERKSHIRE HATHAWAY HS FLORIDA
Office Phone: (352) 622-9700
Listing Agent: Reawattie Sugrim
Listings courtesy of Stellar MLS as distributed by MLS GRID.
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.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/18/2024, 11:19:56 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Mar 23, 2004
Mar 23, 2004Home Sold
$20,000
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$1,146
$65,340
2018
$2,624
$159,366
2017
$2,668
$159,366
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$1,510
Per Month
Principal & Interest
$1,443
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$933
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
5
/10
Marion Charter School
39 Cedar Rd
Distance between this listing and this school0.43 miles
Public Charter Grades KG-5
4
/10
Greenway Elementary School
207 Midway Rd
Distance between this listing and this school0.79 miles
Public District Grades PK-5
4
/10
Emerald Shores Elementary School
404 Emerald Rd
Distance between this listing and this school3.01 miles
Public District Grades PK-5
Nearby Schools
3
/10
Ocali Charter Middle School
3233 SE Maricamp Rd Ste 106
Distance between this listing and this school4.75 miles
Public Charter Grades 6-8
4
/10
Belleview Middle School
10500 SE 36th Ave
Distance between this listing and this school5.05 miles
Public Magnet Grades 6-8
3
/10
Fort King Middle School
545 NE 17th Ave
Distance between this listing and this school7.14 miles
Public District Grades 6-8
Nearby Schools
5
/10
Forest High School
5000 SE Maricamp Rd
Distance between this listing and this school2.74 miles
Public Magnet Grades 9-12
1
/10
Silver River Mentoring and Instruction
2500 SE 44th Ct
Distance between this listing and this school3.91 miles
Public District Grades 6-12
2
/10
Lake Weir High School
10351 SE Maricamp Rd
Distance between this listing and this school4.19 miles
The neighbors living near this home have an average income of $49,654. The majority of Ocala, FL residents have income between $35k-100k annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7408 Midway Ter
What is the listing price of this property?
The listing price of 7408 Midway Ter property is $289,000.
What type of property is this?
The property 7408 Midway Ter is land located in Ocala, Florida, 34472.
Is this property for sale now?
Active Listing: 7408 Midway Ter is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2020 is $1,146 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on March 23, 2004 for $20,000. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7408 Midway Ter in Ocala, FL and zip code 34472 in the Silver Springs Shores neighborhood. This home sits on a 1.50 acre lot. It has been listed on Rocket Homes since June 16, 2021 and is currently priced at $289,000.
Over 49 listings were sold over their listed price in November 2024 in Ocala, FL. In the same period over 256 listings were sold below the listed price and 146 listings were sold for the listed price. The number of homes for sale in Ocala, FL increased by 1.2% between October 2024 and November 2024. In November 2024 median list price was $284,242 and the average listing age was 65 days.
From Rocket Homes Real Estate and based on county public records data.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Motocross
Motocross
Extreme Sports
College Football
GameStop
Academy Sports & Outdoors
Express/Express For Men
Sonic
Little Caesars
Cracker Barrel
Jeep
Chevrolet
Kia
Country
New Country