NOT LISTED FOR SALE

11199 NE 40th Street Rd Silver Springs, FL 34488

Estimated Value: $488,000 - $871,787

5 Beds
2 Baths
3,106 Sq Ft
$226/Sq Ft Est. Value

Last Sold February 08, 2019

Last sale price $449,000 $145 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,086/month

113 Days on Market

Highlights

  • Water Access
  • Screened Pool
  • Pond View
  • Horse Track
  • Home fronts a pond
  • 15.74 Acre Lot

About This Home

As of February 2019

Less than 20 minutes from downtown Ocala, you have a beautiful 5 bedroom 2 bath Centerstate home situated on nearly 16 acres in a park-like setting. Large fifth bedroom is currently used as multipurpose room. Eat-in kitchen with new refrigerator and dishwasher purchased in 2017. Large master suite with walk-in closet and oversized garden tub. Pool and spa in screened lanai, with solar and/or gas heat. Large, four-car garage with back porch and storage loft. Approximately five acres cleared land directly around house and +/- one acre pond stocked with Bass, Crappie, etc. that has been strictly catch and release for 10 years. Backside of property also includes a much larger pond as well as several acres of Longleaf pine and mixed hardwood, bordering Cross Florida Greenway and state land.

Last Agent to Sell the Property

Amy Denesha

KINGDOM KEY REALTY GROUP License #3405388 Listed on: 08/14/2018

Last Buyer's Agent

Amy Denesha

KINGDOM KEY REALTY GROUP License #3405388 Listed on: 08/14/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,690

Year Built

  • Built in 2006

Lot Details

  • 15.74 Acre Lot
  • Home fronts a pond
  • Street terminates at a dead end
  • Wood Fence
  • Wire Fence
  • Cleared Lot
  • Wooded Lot
  • Property is zoned A-1 General Agriculture

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,106 Sq Ft Home
  • 1-Story Property
  • Window Treatments
  • Formal Dining Room
  • Den
  • Pond Views
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Home Security

  • Home Security System
  • Security Lights
  • Fire and Smoke Detector

Parking

  • Garage
  • 4 Carport Spaces
  • Garage Door Opener

Eco-Friendly Details

  • Energy-Efficient Appliances
  • Energy-Efficient Thermostat
  • Solar Water Heater

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Water Access
  • Covered Patio or Porch
  • Shed
  • Rain Gutters

Schools

  • East Marion Elementary School
  • Ft Mccoy Middle School
  • Lake Weir High School

Horse Facilities and Amenities

  • Horse Track

Utilities

  • Central Air
  • Heat Pump System
  • 1 Water Well
  • Water Softener
  • 1 Septic Tank
  • Satellite Dish

Community Details

  • No Home Owners Association
  • Grahamville Subdivision

Listing and Financial Details

  • Property Available on 8/14/18
  • Tax Lot 4
  • Assessor Parcel Number 16195-004-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,690

Year Built

Built in 2006

Lot Details

0

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 3106
  • Lot Size Acres: 15.74
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 5654
  • Lot Size Sq Ft: 685634
  • Status: Sold
  • Street Direction: NE
  • RATIO Current Price By Calculate: 144.56
  • Total Acreage: 10 to less than 20
  • Water Access YN: 0
  • Barn Features: None
  • Number Of Paddocks Pastures: 0
  • Number Of Stalls: 0
  • Last Date Available: 2019-02-14T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, Solid Surface Counters, Split Bedroom, Stone Counters, Walk-In Closet(s), Water Softener, Window Treatments
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Solar Hot Water, Water Softener
  • Total Bedrooms: 5
  • Levels: One
  • Other Equipment: Fuel Tank(s), Satellite Dish
  • Spa Yn: Yes
  • Stories: 1
  • Additional Rooms: Den/Library/Office,Formal Dining Room Separate

Exterior Features

  • Other Structures: Shed(s)
  • Pool Features: Gunite, Heated, In Ground, Screen Enclosure
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio, Screened
  • Water View: Pond
  • Water View YN: 0

Garage/Parking

  • Carport Spaces: 4
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Water Access
  • Association: No
  • Security: Security Lights, Security System, Smoke Detector(s)
  • Senior Community: No

Schools

  • Elementary School: East Marion Elementary School
  • High School: Lake Weir High School
  • Middle Or Junior School: Ft McCoy Middle

Lot Info

  • Zoning: A-1 General Agriculture
  • Parcel Number: 16195-004-00
  • Additional Parcels: No
  • Fencing: Wire, Wood
  • Lot Features: Cleared, Street Dead-End, Paved, Wooded
  • Horse Amenities: Horse Track

Green Features

  • Efficiency: Appliances, Thermostat

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2018-08-14
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 4689.82
  • Tax Book Number: E-032
  • Tax Lot: 4

Multi Family

  • Waterfront Features: Pond
  • Total Num Buildings: 1
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2018
Closed on
Feb 8, 2019
Sold by
Wilson James L and Wilson Alesha D
Bought by
Schardt Paul A and Schardt Debra A
Seller's Agent
Amy Denesha
KINGDOM KEY REALTY GROUP
Buyer's Agent
Amy Denesha
KINGDOM KEY REALTY GROUP
List Price
$499,000
Sold Price
$449,000
Premium/Discount to List
-$50,000
-10.02%
Current Estimated Value
$701,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,197
Avg. Annual Appreciation
6.86%
Original Mortgage
$426,550
Outstanding Balance
$375,014
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$326,183

Purchase Details

Closed on
Aug 7, 2012
Sold by
Sardinas Jonathan A and Sardinas Lynette Lee
Bought by
Wilson James L and Wilson Alesha D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
3.68%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2006
Sold by
Sardinas Lynette Lee and Sardinas Jonathan A
Bought by
Sardinas Jonathan A and Sardinas Lynette Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$259,670
Interest Rate
6.21%
Mortgage Type
Construction
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
Schardt Paul A $449,000 First American Title Ins Co
Wilson James L $280,000 1St Quality Title Llc
Sardinas Jonathan A -- First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schardt Paul A $426,550
Previous Owner Wilson James L $252,000
Previous Owner Sardinas Jonathan A $259,670
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/08/2019 02/08/19 Sold $449,000 -10.0% $145 / Sq Ft
12/06/2018 12/06/18 Pending -- -- --
08/14/2018 08/14/18 For Sale $499,000 -- $161 / 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 $4,781 $324,947 -- --
2023 $4,667 $315,483 $0 $0
2022 $4,545 $306,294 $0 $0
2021 $4,550 $297,373 $0 $0
2020 $4,516 $293,267 $50,354 $242,913
2019 $4,941 $276,656 $39,112 $237,544
2018 $4,286 $286,215 $58,832 $227,383
2017 $4,690 $271,974 $49,056 $222,918
2016 $4,366 $249,506 $0 $0
2015 $4,113 $230,779 $0 $0
2014 $3,881 $228,656 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM541432

Stellar MLS

APN: 16195-004-00