NOT LISTED FOR SALE

1640 NE 40th Ave Unit 207 Ocala, FL 34470

Northeast Ocala Neighborhood

Estimated Value: $130,000 - $154,000

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. 150% increase in value since last sale

Current estimated payment $1,070/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
$142,620

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
11.45%

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
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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
2025 $647 $53,826 -- --
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

    7 Total Sales

    Linda McPhearson
    Section Image
  • Cathy Robinson

    Buyer's Agent in 2017

    Cathy Robinson

    COLDWELL BANKER ELLISON REALTY O

    (352) 812-3137

    10 in this area

    77 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

Not Listed for Sale

Condos

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