NOT LISTED FOR SALE

1640 NE 40th Ave Unit 207 Ocala, FL 34470

Northeast Ocala Neighborhood

Estimated Value: $122,000 - $148,000

2 Beds
2 Baths
1,341 Sq Ft
$275/mo HOA Fee

Last Sold August 11, 2017

Last sale price $57,000 $43 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $1,053/month

33 Days on Market

Highlights

  • Active Adult
  • Tile Flooring
  • Heating Available
  • Community Pool
  • Central Air

About This Home

As of August 2017

Second floor unit with spacious bedrooms and open living/dining area. tile floors in kitchen and baths. Great location near shopping, restaurants, Silver Springs State Park and municipal golf course. A great 55+ residence with a community pool and cabana. Laundry room located just a couple doors down from unit. HOA includes water and garbage, common area maintenance and lawn care.

Last Agent to Sell the Property

Linda McPhearson

CROSSROADS REALTY, INC License #0696994 Listed on: 06/14/2017

Last Buyer's Agent

Cathy Robinson

COLDWELL BANKER ELLISON REALTY O License #0469515

COLDWELL BANKER ELLISON REALTY O

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $634

Year Built

  • Built in 1964

Lot Details

  • Cleared Lot

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Carport Space

Home Design

  • Rolled or Hot Mop Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,341 Sq Ft Home
  • 1-Story Property
  • Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Property Available on 6/14/17
  • Assessor Parcel Number 2728-101-207

Community Details

Overview

  • Active Adult
  • Association fees include ground maintenance
  • Silver Pines Subdivision

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$634

Year Built

Built in 1964

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1341
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 1500
  • Lot Size Sq Ft: 806
  • Status: Sold
  • Street Direction: NE
  • RATIO Current Price By Calculate: 42.51
  • Water Access YN: 0
  • Number Of Paddocks Pastures: 0
  • Number Of Stalls: 0
  • Last Date Available: 2017-11-30T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Appliances Included: Range, Refrigerator
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Rolled/Hot Mop
  • Pool Private: No
  • 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 Amenities: Other
  • Association Fee: 275
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Senior Community: Yes
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 275.00

Lot Info

  • Zoning: R-3 Mulitple Family Dwell
  • Parcel Number: 2728-101-207
  • Additional Parcels: No
  • Lot Features: Cleared, Paved

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2017-06-14
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 634

Multi Family

  • Total Num Buildings: 0
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2023
Sold by
Anderson Mary N
Bought by
Rizzo Janine
Current Estimated Value
$138,092

Purchase Details

Listed on
Jun 14, 2017
Closed on
Aug 11, 2017
Sold by
Gonzalez Gladys
Bought by
Anderson Mary N
Seller's Agent
Linda McPhearson
CROSSROADS REALTY, INC
Buyer's Agent
Cathy Robinson
COLDWELL BANKER ELLISON REALTY O
List Price
$59,900
Sold Price
$57,000
Premium/Discount to List
-$2,900
-4.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.37%

Purchase Details

Closed on
Mar 28, 2016
Sold by
Kemnitz Neal C and Kemnitz Barbara
Bought by
Gonzalez Gladys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,000
Interest Rate
3.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 16, 2011
Sold by
Whitney Ralph H and Whitney Phyllis J
Bought by
Kemnitz Neal C and Kemnitz Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
4.4%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 8, 2009
Sold by
Whitney Phyllis J
Bought by
Whitney Ralph H and Whitney Phyllis J

Purchase Details

Closed on
Feb 22, 2006
Sold by
Tuttle James E and Tuttle Phyllis
Bought by
Tuttle James E and Tuttle Phyllis
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
Rizzo Janine $100 None Listed On Document
Anderson Mary N $100 None Listed On Document
Anderson Mary N $57,000 1St Quality Title Llc
Gonzalez Gladys $40,000 Affiliated Title Of Central
Kemnitz Neal C $40,000 1St Quality Title Llc
Whitney Ralph H -- None Available
Tuttle James E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzalez Gladys $34,000
Previous Owner Kemnitz Neal C $30,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/11/2017 08/11/17 Sold $57,000 -4.8% $43 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
06/14/2017 06/14/17 For Sale $59,900 -- $45 / 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 $643 $52,309 -- --
2023 $635 $50,785 $0 $0
2022 $575 $49,306 $0 $0
2021 $560 $47,870 $0 $0
2020 $397 $47,209 $0 $0
2019 $381 $46,148 $10,938 $35,210
2018 $755 $41,536 $7,280 $34,256
2017 $205 $36,091 $2,001 $34,090
2016 $660 $35,323 $0 $0
2015 $634 $33,387 $0 $0
2014 $128 $32,214 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2017

    Linda McPhearson

    CROSSROADS REALTY, INC

    (352) 572-0435

    1 in this area

    6 Total Sales

    Linda McPhearson
    Section Image
  • Cathy Robinson

    Buyer's Agent in 2017

    Cathy Robinson

    COLDWELL BANKER ELLISON REALTY O

    (352) 812-3137

    12 in this area

    85 Total Sales

    Cathy Robinson
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM519964

Stellar MLS

APN: 2728-101-207

Florida Marion County Ocala 34470 Northeast Ocala

1640 NE 40th Ave Unit 207, Ocala, FL

This home is located at 1640 NE 40th Ave Unit 207, Ocala, FL 34470 since 14 June 2017 and is currently estimated at $138,092, approximately $102 per square foot. This property was built in 1964. 1640 NE 40th Ave Unit 207 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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