NOT LISTED FOR SALE

12920 SW 40th Terrace Ocala, FL 34473

Estimated Value: $281,000 - $398,000

4 Beds
2 Baths
1,655 Sq Ft
$190/Sq Ft Est. Value

Last Sold October 18, 2024

Last sale price $314,000 $190 Per Sq Ft

Current estimated payment $1,825/month

5 Days on Market

Highlights

  • Screened Pool
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • Fruit Trees
  • No HOA
  • Screened Patio

About This Home

As of October 2024

Amazing Pool Home in the South West side of Ocala! Updates Galore and NO HOA! Home features 4 bedrooms, 2 full baths and 2 car garage. Split floorplan with 1655 living sq ft, new LVP flooring and baseboards in 2023 throughout. Kitchen has been completely redone with new cabinets and granite in 2018 and appliances in 2020. You'll love entertaining year round in your large screened lanai and solar panel heated pool. Backyard is completely fenced and freshly landscaped. There is a 12x24 shed for extra storage needs. Other recent updates include: HVAC 2023, Septic 2020, Pool 2018, Pool Solar Panels 2020, Exterior Paint 2018, New Lighting throughout and Glass sliding backdoor 2020. 4th bedroom / den has french doors and could easily be used to work from Home. Zoned for West Port High School. Convenient SW location: minutes to I-75, shopping, restaurants and medical on 200. There is a gate at end of the street that leads to the Florida Trail and 49th Ave Trailhead for your hiking and biking adventures. Take a look at everything this amazing property has to offer!

Last Agent to Sell the Property

Scott Coldwell

COLDWELL REALTY SOLD GUARANTEE Brokerage Phone: 352-209-0000 License #3077217 Listed on: 09/04/2024

COLDWELL REALTY SOLD GUARANTEE

Last Buyer's Agent

Russell Barber

BHHS-FLORIDA SHOWCASE PROPERTIES License #3491784

BHHS-FLORIDA SHOWCASE PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,985

Year Built

  • Built in 2006

Lot Details

  • 10,019 Sq Ft Lot
  • Lot Dimensions are 80x125
  • East Facing Home
  • Irrigation
  • Fruit Trees
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding

Interior Spaces

  • 1,655 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Blinds
  • Rods
  • Living Room
  • Luxury Vinyl Tile Flooring
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

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

Pool

  • Screened Pool
  • Heated Pool
  • Fence Around Pool
  • Solar Heated Pool

Outdoor Features

  • Screened Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Marion Oaks Un 07 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,985

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete
  • Fireplace: No
  • Living Area: 1655
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 1655
  • Lot Size Sq Ft: 10019
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 153.75
  • Escrow City: Ocala
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 189.73
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_BedroomClosetType: Walk-in Closet
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-209-0000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Split Bedroom, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Rods
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 153.75

Exterior Features

  • Direction Faces: East
  • Other Structures: Shed(s)
  • Pool Features: Heated, Screen Enclosure, Solar Heat
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Screened
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R1
  • Parcel Number: 8007-1054-32
  • Additional Parcels: No
  • Lot Dimensions: 80x125
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: see covenants and restrictions for specifications

Tax Info

  • Tax Annual Amount: 1985.05
  • Tax Block: 1054
  • Tax Book Number: O-140MARION
  • Tax Lot: 32

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2024
Closed on
Oct 17, 2024
Sold by
Miller Terri L
Bought by
Bast Shannon Arlene
Seller's Agent
Scott Coldwell
COLDWELL REALTY SOLD GUARANTEE
Buyer's Agent
Russell Barber
BHHS-FLORIDA SHOWCASE PROPERTIES
List Price
$315,000
Sold Price
$314,000
Premium/Discount to List
-$1,000
-0.32%
Views
31
Current Estimated Value
$314,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$990
Avg. Annual Appreciation
0.27%

Purchase Details

Listed on
Mar 10, 2016
Closed on
May 11, 2016
Sold by
Stone Financing Llc
Bought by
Miller Terri L
Seller's Agent
Bob Kennedy
BERKSHIRE HATHAWAY HS FLORIDA
List Price
$129,000
Sold Price
$123,000
Premium/Discount to List
-$6,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%
Original Mortgage
$116,850
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 10, 2016
Closed on
Mar 30, 2016
Sold by
Brasfield Todd Allen and Brasfield Rebecca
Bought by
Stone Financing Llc
Seller's Agent
Bob Kennedy
BERKSHIRE HATHAWAY HS FLORIDA
List Price
$129,000
Sold Price
$123,000
Premium/Discount to List
-$6,000
-4.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,850
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 5, 2010
Sold by
Hawkins Robert C and Hawkins Anita L
Bought by
Brasfield Todd Allen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,042
Interest Rate
4.38%
Mortgage Type
VA

Purchase Details

Closed on
Oct 19, 2006
Sold by
Mcmanus James A
Bought by
Hawkins Robert C and Hawkins Anita L

Purchase Details

Closed on
Jan 19, 2006
Sold by
Holiday Builders Inc
Bought by
Mcmanus James A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,039
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 9, 2005
Sold by
Trinity 3 Inc
Bought by
Holiday Builders Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Bast Shannon Arlene $314,000 Marion Lake Sumter Title
Miller Terri L $123,000 None Available
Stone Financing Llc $123,000 Attorney
Brasfield Todd Allen $95,000 Ocala Land Title Insurance A
Hawkins Robert C $170,000 Dba Title Stream Of Florida
Mcmanus James A $179,000 Hbi Title Company
Holiday Builders Inc $38,000 American Home Title Of Herna
Trinity 3 Inc $28,500 American Home Title Of Herna
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Miller Terri L $116,850
Previous Owner Brasfield Todd Allen $97,042
Previous Owner Mcmanus James A $170,039
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/18/2024 10/18/24 Sold $314,000 -0.3% $190 / Sq Ft
09/09/2024 09/09/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $315,000 +156.1% $190 / Sq Ft
05/11/2016 05/11/16 Sold $123,000 -4.7% $74 / Sq Ft View Prior Sale
03/25/2016 03/25/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $129,000 -- $78 / 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 $2,038 $138,471 -- --
2023 $1,985 $134,438 $0 $0
2022 $1,903 $130,522 $0 $0
2021 $1,891 $126,720 $0 $0
2020 $1,873 $124,970 $0 $0
2019 $1,841 $122,160 $0 $0
2018 $1,564 $108,717 $0 $0
2017 $1,534 $106,481 $4,250 $102,231
2016 $968 $72,555 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM685336

Stellar MLS

APN: 8007-1054-32