NOT LISTED FOR SALE

1420 SE 40th Terrace Ocala, FL 34471

Southeast Ocala Neighborhood

Estimated Value: $493,000 - $597,000

4 Beds
3.5 Baths
2,607 Sq Ft
$212/Sq Ft Est. Value

Last Sold October 29, 2021

Last sale price $470,000 $180 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,566/month

13 Days on Market

Highlights

  • In Ground Pool
  • Sauna
  • Main Floor Primary Bedroom
  • Forest High School Rated A-
  • 1.03 Acre Lot
  • Loft

About This Home

As of October 2021

4/3.5/2 located in the lovely neighborhood of Crestwood York. Home located on 1+ acres. Home is in need of some TLC. Features are a gorgeous spiral staircase, a garage with a workshop, a utility shed, a fenced in back yard, and a pool, Sauna, in-door hot tub, open floor plan, many extra bonus rooms. Huge garage with workshop area.

Last Agent to Sell the Property

Javier Rojas

FONTANA REALTY License #3207040 Listed on: 09/06/2021

Last Buyer's Agent

Kimberly Price

DENNIS REALTY & INV. CORP. License #3470607

DENNIS REALTY & INV. CORP.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,420

Year Built

  • Built in 1980

Lot Details

  • 1.03 Acre Lot
  • Northeast Facing Home
  • Vinyl Fence
  • Wood Fence
  • Child Gate Fence
  • Cleared Lot
  • Property is zoned R-1 SINGLE FAMILY DWELLIN

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,607 Sq Ft Home
  • 2-Story Property
  • Loft
  • Storage Room
  • Sauna

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool

Outdoor Features

  • Gazebo
  • Shed

Location

  • City Lot

Schools

  • Ward-Highlands Elem. Elementary School
  • Fort King Middle School
  • Forest High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Crestwood York Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,420

Year Built

Built in 1980

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: Yes
  • Living Area: 2607
  • Lot Size Acres: 1.03
  • New Construction: No
  • Year Built: 1980
  • Building Area Total: 3640
  • Lot Size Sq Ft: 44867
  • Directions to Property: Going east on 17th st turn left onto 36th ave, turn right onto SE 13th St, turn right onto SE 40th terr. House is on the right at curve.
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM626478?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM626478?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1 to less than 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.00213
  • Price per Sq Ft: 180.28
  • Close to Original List Price Ratio: 0.98947
  • Ratio: Current Price\Building Area Total: 129.12
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile, Vinyl
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Master Bedroom Main Floor, Sauna
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 1420
  • Room Count: 9
  • Additional Rooms: Loft, Storage Rooms

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Gazebo, Shed(s), Storage
  • Pool Features: Child Safety Fence, Gunite, In Ground
  • Exterior Features: Fenced, Sauna, Sidewalk, Storage
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Ward-Highlands Elem. School
  • High School: Forest High School
  • Middle Or Junior School: Fort King Middle School

Lot Info

  • Zoning: R-1 SINGLE FAMILY DWELLIN
  • Parcel Number: 2962-001-004
  • Additional Parcels: No
  • Fencing: Vinyl, Wood
  • Lot Features: Cleared, City Lot
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3420
  • Tax Block: A
  • Tax Book Number: T-005
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2021
Closed on
Oct 28, 2021
Sold by
Cortes Jay Lee
Bought by
Seepersad Alyssa and Shoti Jakob Lavy
Seller's Agent
Javier Rojas
FONTANA REALTY
Buyer's Agent
Kimberly Price
DENNIS REALTY & INV. CORP.
List Price
$469,000
Sold Price
$470,000
Premium/Discount to List
$1,000
0.21%
Current Estimated Value
$551,990

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,990
Avg. Annual Appreciation
4.11%
Original Mortgage
$420,000
Outstanding Balance
$383,831
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$168,159

Purchase Details

Listed on
Aug 23, 2019
Closed on
Oct 21, 2019
Sold by
Smith Thomas and Smith Michelle D
Bought by
Cortes Jay Lee
Seller's Agent
Randy Barnes
REMAX/PREMIER REALTY
Buyer's Agent
Javier Rojas
FONTANA REALTY
List Price
$330,000
Sold Price
$332,000
Premium/Discount to List
$2,000
0.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.78%
Original Mortgage
$299,845
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2018
Closed on
Sep 12, 2018
Sold by
Mlb Properties Llc
Bought by
Smith Thomas and Lewis Diane
Seller's Agent
Taimi Guillot
GUILLOT REALTY LLC.
Buyer's Agent
Taimi Guillot
GUILLOT REALTY LLC.
List Price
$329,900
Sold Price
$315,000
Premium/Discount to List
-$14,900
-4.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.94%
Original Mortgage
$210,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 16, 2017
Closed on
Nov 27, 2017
Sold by
The Secretary Of Veterans Affairs
Bought by
Mlb Properties Llc
Seller's Agent
Richard Kiefer
KIEFER REALTY, PA
Buyer's Agent
Taimi Guillot
GUILLOT REALTY LLC.
List Price
$95,000
Sold Price
$125,250
Premium/Discount to List
$30,250
31.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
216.71%

Purchase Details

Closed on
Mar 17, 2017
Sold by
Pnc Bank N A
Bought by
The Secrartyh Of Verrtrans Affaris

Purchase Details

Closed on
Mar 1, 2017
Bought by
Dept Of Veterans Affairs

Purchase Details

Closed on
Feb 8, 2017
Sold by
Jhonson Jarvis H
Bought by
Pnc Bank National Association

Purchase Details

Closed on
Jan 21, 2014
Sold by
Johnson Jarvis H and Johnson Helen P
Bought by
Johnson Jarvis H and Johnson Juliette T
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Seepersad Alyssa $470,000 Signature T&E Services Llc
Cortes Jay Lee $332,000 Affiliated Ttl Of Ctrl Fl Lt
Smith Thomas $315,000 Signature Title & Escrow Svc
Mlb Properties Llc $125,300 1St Quality Title Llc
The Secrartyh Of Verrtrans Affaris -- Attorney
Dept Of Veterans Affairs $100 --
Pnc Bank National Association $128,100 None Available
Johnson Jarvis H -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seepersad Alyssa $420,000
Previous Owner Cortes Jay Lee $299,845
Previous Owner Smith Thomas $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/07/2022 03/07/22 Off Market $125,250 -- --
10/29/2021 10/29/21 Sold $470,000 +0.2% $180 / Sq Ft
09/19/2021 09/19/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $469,000 0.0% $180 / Sq Ft
09/08/2021 09/08/21 Pending -- -- --
09/07/2021 09/07/21 Price Changed $469,000 -1.3% $180 / Sq Ft
09/06/2021 09/06/21 For Sale $475,000 +43.1% $182 / Sq Ft
10/21/2019 10/21/19 Sold $332,000 +0.6% $127 / Sq Ft View Prior Sale
09/07/2019 09/07/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $330,000 +4.8% $127 / Sq Ft
09/19/2018 09/19/18 Sold $315,000 -4.5% $96 / Sq Ft View Prior Sale
08/22/2018 08/22/18 Pending -- -- --
07/24/2018 07/24/18 For Sale $329,900 +163.4% $101 / Sq Ft
12/01/2017 12/01/17 Sold $125,250 +31.8% $49 / Sq Ft View Prior Sale
11/15/2017 11/15/17 Pending -- -- --
10/15/2017 10/15/17 For Sale $95,000 -- $37 / 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 $8,056 $477,603 -- --
2023 $7,864 $463,692 $0 $0
2022 $7,462 $450,186 $118,825 $331,361
2021 $4,094 $241,344 $0 $0
2020 $3,562 $235,224 $0 $0
2019 $3,376 $223,099 $36,040 $187,059
2018 $3,496 $192,386 $28,540 $163,846
2017 $3,449 $186,720 $28,540 $158,180
2016 $3,381 $180,819 $0 $0
2015 $2,338 $162,353 $0 $0
2014 $2,146 $161,064 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Javier Rojas

    Seller's Agent in 2021

    Javier Rojas

    FONTANA REALTY

    (352) 362-7061

    8 in this area

    230 Total Sales

    Javier Rojas
    Section Image

  • K

    Buyer's Agent in 2021

    Kimberly Price

    DENNIS REALTY & INV. CORP.

    (813) 949-7444

    1 in this area

    6 Total Sales

    Kimberly Price
    Section Image
  • Randy Barnes

    Seller's Agent in 2019

    Randy Barnes

    RE/MAX

    (352) 817-0578

    2 in this area

    54 Total Sales

    Randy Barnes
    Section Image
  • Ken Colley

    Seller Co-Listing Agent in 2019

    Ken Colley

    RABELL REALTY GROUP LLC

    (352) 812-9407

    5 in this area

    66 Total Sales

    Ken Colley
    Section Image
  • Taimi Guillot

    Seller's Agent in 2018

    Taimi Guillot

    GUILLOT REALTY LLC.

    (352) 217-7107

    4 in this area

    118 Total Sales

    Taimi Guillot
    Section Image

  • R

    Seller's Agent in 2017

    Richard Kiefer

    KIEFER REALTY, PA

    (352) 861-6000

    4 in this area

    130 Total Sales

    Richard Kiefer
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM626478

Stellar MLS

APN: 2962-001-004

Florida Marion County Ocala 34471 Southeast Ocala

1420 SE 40th Terrace, Ocala, FL

This home is located at 1420 SE 40th Terrace, Ocala, FL 34471 since 06 September 2021 and is currently estimated at $551,990, approximately $211 per square foot. This property was built in 1980. 1420 SE 40th Terrace is a home located in Marion County with nearby schools including Ward-Highlands Elementary School, Fort King Middle School, and Forest High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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