NOT LISTED FOR SALE

1640 NE 40th Ave Unit 103 Ocala, FL 34470

Northeast Ocala Neighborhood

Estimated Value: $123,000 - $171,000

2 Beds
2 Baths
1,382 Sq Ft
$275/mo HOA Fee

Last Sold March 28, 2018

Last sale price $67,000 $48 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,104/month

125 Days on Market

Highlights

  • Gunite Pool
  • Outdoor Kitchen
  • Walk-In Closet
  • Active Adult
  • Covered Patio or Porch
  • Pasture

About This Home

As of March 2018

You'll love this gorgeous very well maintained unit with an open floor plan. This 2 bedroom 2 bathroom home with covered parking, will give you just under 1,400 Sq Ft of generous space to move about, without losing that quaint cozy atmosphere. Wake up each morning to an inspiring sunrise in the East and drift off to sleep each night with the tranquil sounds of nature. This first floor unit is in a friendly community located just minutes from parks, restaurants, shopping and entertainment.

Last Agent to Sell the Property

Nathan Ramos

AJL REALTY LLC License #661891 Listed on: 11/14/2017

Last Buyer's Agent

Nathan Ramos

AJL REALTY LLC License #661891 Listed on: 11/14/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $167

Year Built

  • Built in 1964

Lot Details

  • 436

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,382 Sq Ft Home
  • 2-Story Property

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Gunite Pool
  • Covered Patio or Porch
  • Outdoor Kitchen

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Customized Wheelchair Accessible
  • Cleared Lot
  • Pasture

Listing and Financial Details

  • Property Available on 11/14/17
  • Assessor Parcel Number 2728-101-103

Community Details

Overview

  • Active Adult
  • Association fees include insurance, maintenance structure, ground maintenance, water
  • Silver Pines Subdivision

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$167

Year Built

Built in 1964

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • HOA Fee Includes: Insurance, Maintenance Structure, Maintenance Grounds, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1382
  • New Construction: No
  • Year Built: 1964
  • Accessibility Features: Customized Wheelchair Accessible
  • Building Area Total: 1550
  • Lot Size Sq Ft: 841
  • Directions to Property: From East Silver Springs Blvd turn North to NE 40th Ave to property. 1640 NE 40th Ave Silver Pines Condo unit is on the first floor #103
  • Status: Sold
  • Street Direction: NE
  • List Office Head Office Key Nume: 529793840
  • RATIO Current Price By Calculate: 48.48
  • Unit Number YN: 1
  • Water Access YN: 0
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Walk-In Closet(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 1640
  • Room Count: 6

Exterior Features

  • Pool Features: Gunite
  • Exterior Features: Outdoor Kitchen
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Covered, Patio
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 275
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: Yes
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 275.00

Lot Info

  • Zoning: R-3 Mulitple Family Dwell
  • Parcel Number: 2728-101-103
  • Additional Parcels: No
  • Lot Features: Cleared, City Limits, Pasture, Paved
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2017-11-14
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 167

Multi Family

  • Total Num Buildings: 0
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2021
Sold by
King Trisha Jean
Bought by
Williams Larry Gene
Current Estimated Value
$146,473

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,625
Outstanding Balance
$50,960
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$95,513

Purchase Details

Closed on
Jun 21, 2018
Sold by
Williams Larry Gene and King Trisha Jean
Bought by
Williams Larry Gene and King Trisha Jean

Purchase Details

Listed on
Nov 14, 2017
Closed on
Mar 28, 2018
Sold by
Hunt Larry Russell and The Restated Larry And Avis Hu
Bought by
Williams Larry Gene and King Trisha Jean
Seller's Agent
Nathan Ramos
AJL REALTY LLC
Buyer's Agent
Nathan Ramos
AJL REALTY LLC
List Price
$67,777
Sold Price
$67,000
Premium/Discount to List
-$777
-1.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.85%

Purchase Details

Closed on
Apr 22, 2016
Sold by
Hunt Larry Russell and Hunt Avis L
Bought by
The Restated Larry & Avis Hunt Family Tr and Hunt Avis L

Purchase Details

Closed on
Apr 1, 2016
Bought by
Hunt Larry R Tr

Purchase Details

Closed on
Apr 7, 2014
Sold by
Stinson John L
Bought by
Hunt Larry R and Hunt Avis

Purchase Details

Closed on
Aug 1, 2011
Sold by
Schaub Carol J
Bought by
Schnorrenburg Richard and Schnorrenburg Jeanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,500
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Williams Larry Gene -- Marion Lake Sumter Title Llc
Williams Larry Gene -- Attorney
Williams Larry Gene $57,000 Sunbelt Title Services Inc
The Restated Larry & Avis Hunt Family Tr -- Attorney
Hunt Larry R Tr $100 --
Hunt Larry R $38,500 Attorney
Schnorrenburg Richard $30,000 Ocala Land Title Insurance A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Williams Larry Gene $56,625
Previous Owner Schnorrenburg Richard $25,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Off Market $67,000 -- --
03/28/2018 03/28/18 Sold $67,000 -1.1% $48 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
11/14/2017 11/14/17 For Sale $67,777 -- $49 / 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 $734 $52,945 -- --
2023 $727 $51,403 $0 $0
2022 $594 $49,906 $0 $0
2021 $579 $48,452 $0 $0
2020 $417 $47,783 $0 $0
2019 $398 $46,547 $10,938 $35,609
2018 $761 $41,880 $7,280 $34,600
2017 $179 $34,667 $0 $0
2016 $167 $33,954 $0 $0
2015 $166 $33,718 $0 $0
2014 $575 $32,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2018

    Nathan Ramos

    AJL REALTY LLC

    (352) 497-3297

    2 in this area

    23 Total Sales

    Nathan Ramos
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM527256

Stellar MLS

APN: 2728-101-103

Florida Marion County Ocala 34470 Northeast Ocala

1640 NE 40th Ave Unit 103, Ocala, FL

This home is located at 1640 NE 40th Ave Unit 103, Ocala, FL 34470 since 14 November 2017 and is currently estimated at $146,473, approximately $105 per square foot. This property was built in 1964. 1640 NE 40th Ave Unit 103 is a home located in Marion County with nearby schools including Ocala Springs Elementary School, Fort King Middle School, and Vanguard 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

Nearby Homes