NOT LISTED FOR SALE

1640 NE 40th Ave Unit 104 Ocala, FL 34470

Northeast Ocala Neighborhood

Estimated Value: $93,000 - $112,000

1 Bed
1 Bath
808 Sq Ft
$325/mo HOA Fee

Last Sold May 04, 2021

Last sale price $64,000 $79 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $891/month

16 Days on Market

Highlights

  • Active Adult
  • Community Pool
  • Central Heating and Cooling System
  • Sun or Florida Room
  • Enclosed Patio or Porch
  • East Facing Home

About This Home

As of May 2021

What a Gem! 1/1 on ground floor condo near the pool in Silver Pines 55 plus community! This condo is cute as a button, offering
new laminate flooring through out. The living area welcomes you in the home with adequate room for a dining table across from the
kitchen. The kitchen boast stainless steel appliances! The sizable bedroom is at the back of the condo and leads out onto a
comfortable lanai with a storage closet and access to the inground pool! There is covered parking and laundry facilities available on
site!

Last Agent to Sell the Property

Heather Zeron

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3327366 Listed on: 03/01/2021

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Judy Webb

ROBERTS REAL ESTATE INC License #3104856

ROBERTS REAL ESTATE INC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $637

Year Built

  • Built in 1964

Lot Details

  • East Facing Home
  • Cleared Lot

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Stem Wall Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 808 Sq Ft Home
  • 1-Story Property
  • Sun or Florida Room
  • Laminate Flooring

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 2728-101-104

Community Details

Overview

  • Active Adult
  • Association fees include community pool, maintenance exterior, ground maintenance, manager, pool maintenance
  • Bonnie Parko Association, Phone Number (352) 895-2320
  • Silver Pines Condos Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$637

Year Built

Built in 1964

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Exterior, Maintenance Grounds, Manager, Pool Maintenance
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Living Area: 808.00
  • Year Built: 1964
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM616126?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM616126?w=Customer
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM616126?w=PubMLS
  • Escrow State: FL
  • List Office Head Office Key Nume: 200269794
  • Status: Sold
  • Street Direction: NE
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 3
  • Living Area Units: Square Feet
  • Additional Rooms: Florida Room
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 1
  • Floor Number: 1
  • Levels: One
  • Stories: 1
  • Living Area Meters: 75.07

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sidewalk
  • Roof: Metal
  • Flood Zone Code: X
  • Patio and Porch Features: Enclosed

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Monthly HOA Fees: 325.00
  • Association Amenities: Pool
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Association Fee Requirement: Required
  • Association Name: Bonnie Parko
  • Phone: 352-895-2320
  • Association: Yes
  • Senior Community: Yes

Fee Information

  • Total Annual Fees: 3900.00
  • Total Monthly Fees: 325.00

Lot Info

  • Zoning: R3
  • Parcel Number: 2728-101-104
  • Lot Features: Cleared

Tax Info

  • Tax Annual Amount: 636.53

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2021
Closed on
May 4, 2021
Sold by
Madys Un Yong and Madys Un Yong
Bought by
Nealing Michael A
Seller's Agent
Heather Zeron
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Judy Webb
ROBERTS REAL ESTATE INC
List Price
$68,000
Sold Price
$64,000
Premium/Discount to List
-$4,000
-5.88%
Current Estimated Value
$102,049

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,049
Avg. Annual Appreciation
10.95%

Purchase Details

Listed on
Mar 14, 2018
Closed on
Apr 16, 2018
Sold by
T Too Z Enterprises Llc
Bought by
Madys Robert and Madys Un Yong
Seller's Agent
William Archibald
ROUNTREE REALTY CORP.
Buyer's Agent
William Archibald
ROUNTREE REALTY CORP.
List Price
$50,000
Sold Price
$50,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.43%
Original Mortgage
$33,000
Interest Rate
10%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2015
Sold by
Nicholson Frank W
Bought by
T Too Z Enterprises Llc

Purchase Details

Closed on
Nov 28, 2011
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Nicholson Frank

Purchase Details

Closed on
Jun 28, 2011
Sold by
Alexander Lorraine and Rohlsen Lorraine A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Jun 24, 2011
Sold by
Wells Fargo Bank N A
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Mar 15, 2007
Sold by
Gearhart Walter S and Gearhart Jane L
Bought by
Alexander Floyd and Alexander Lorraine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 2004
Sold by
Horning Dorothy
Bought by
Gearhart Walter S and Gearhart Jane
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
Nealing Michael A $64,000 First American Title Ins Co
Madys Robert $50,000 Attorney
Madys Robert $50,000 Attorney
T Too Z Enterprises Llc -- None Available
Nicholson Frank $18,500 New House Title
Wells Fargo Bank Na -- Attorney
Federal Home Loan Mortgage Corporation -- New House Title
Alexander Floyd $80,000 All American Land Title Insu
Gearhart Walter S $56,000 Premier Title Of Ocala Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madys Robert $33,000
Previous Owner Alexander Floyd $64,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2021 05/04/21 Sold $64,000 -5.9% $79 / Sq Ft
03/17/2021 03/17/21 Pending -- -- --
03/01/2021 03/01/21 For Sale $68,000 +36.0% $84 / Sq Ft
04/16/2018 04/16/18 Sold $50,000 0.0% $62 / Sq Ft View Prior Sale
03/26/2018 03/26/18 Pending -- -- --
03/14/2018 03/14/18 For Sale $50,000 -- $62 / 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 $375 $37,219 -- --
2023 $357 $36,135 $0 $0
2022 $308 $35,083 $0 $0
2021 $1,116 $51,796 $25,000 $26,796
2020 $637 $34,813 $13,000 $21,813
2019 $604 $32,715 $10,938 $21,777
2018 $485 $28,504 $7,280 $21,224
2017 $428 $23,146 $2,001 $21,145
2016 $425 $22,705 $0 $0
2015 $408 $21,508 $0 $0
2014 $368 $20,810 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Heather Zeron

    Seller's Agent in 2021

    Heather Zeron

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (352) 233-0467

    11 in this area

    171 Total Sales

    Heather Zeron
    Section Image
  • Judy Webb

    Buyer's Agent in 2021

    Judy Webb

    ROBERTS REAL ESTATE INC

    (352) 875-6930

    1 in this area

    8 Total Sales

    Judy Webb
    Section Image
  • William Archibald

    Seller's Agent in 2018

    William Archibald

    ROUNTREE REALTY CORP.

    (352) 620-0207

    9 in this area

    111 Total Sales

    William Archibald
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM616126

Stellar MLS

APN: 2728-101-104

Florida Marion County Ocala 34470 Northeast Ocala

1640 NE 40th Ave Unit 104, Ocala, FL

This home is located at 1640 NE 40th Ave Unit 104, Ocala, FL 34470 since 01 March 2021 and is currently estimated at $102,049, approximately $126 per square foot. This property was built in 1964. 1640 NE 40th Ave Unit 104 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

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