NOT LISTED FOR SALE

1640 NE 40th Ave Unit 208 Ocala, FL 34470

Northeast Ocala Neighborhood

Estimated Value: $121,000 - $153,000

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

Last Sold May 11, 2018

Last sale price $50,000 $37 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $1,149/month

169 Days on Market

Highlights

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

About This Home

As of May 2018

You'll enjoy this very nice and well maintained home featuring a generous space to move about, 2 bedroom, 2 bathroom with a balcony enclosed in glass windows overlooking the garden. Imagine waking up every morning and sitting by the window sipping a fresh cup of coffee and enjoying the tranquil sound of nature. This second level home has easy access via Private Elevator and is situated in a friendly community where parks, restaurants, shopping and entertainment are just minutes away.

Last Agent to Sell the Property

Nathan Ramos

AJL REALTY LLC License #661891 Listed on: 11/15/2017

Last Buyer's Agent

Nathan Ramos

AJL REALTY LLC License #661891 Listed on: 11/15/2017

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $648

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

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

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Gunite Pool
  • Balcony
  • Covered Patio or Porch
  • Outdoor Kitchen

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Cleared Lot
  • Pasture

Listing and Financial Details

  • Property Available on 11/14/17
  • Tax Lot 208
  • Assessor Parcel Number 2728-101-208

Community Details

Overview

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

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$648

Year Built

Built in 1964

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Water
  • 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: 796
  • Status: Sold
  • Street Direction: NE
  • RATIO Current Price By Calculate: 37.29
  • Water Access YN: 0
  • Last Date Available: 2018-09-30T00:00:00.000
  • 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, Microwave, Range, Refrigerator
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 2

Exterior Features

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

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected
  • 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: 2728-101-208
  • Additional Parcels: No
  • Lot Features: Cleared, City Limits, Pasture, Paved

Rental Info

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

Tax Info

  • Tax Annual Amount: 648
  • Tax Lot: 208

Multi Family

  • Total Num Buildings: 0
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 15, 2017
Closed on
May 11, 2018
Sold by
Hunt Larry Russell and Hunt Avis L
Bought by
Eac Realty Investment Inc
Seller's Agent
Nathan Ramos
AJL REALTY LLC
Buyer's Agent
Nathan Ramos
AJL REALTY LLC
List Price
$67,777
Sold Price
$50,000
Premium/Discount to List
-$17,777
-26.23%
Current Estimated Value
$140,002

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,002
Avg. Annual Appreciation
14.78%

Purchase Details

Closed on
Apr 21, 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
May 6, 2014
Sold by
Stinson John L
Bought by
Hunt Larry R and Hunt Avis

Purchase Details

Closed on
Feb 3, 2012
Sold by
Pagel Douglas J
Bought by
Stinson John L

Purchase Details

Closed on
Mar 3, 2010
Sold by
Luge Paul C
Bought by
Pagel Douglas J

Purchase Details

Closed on
Aug 17, 2005
Sold by
Luge Paul C
Bought by
Luge Paul C and Knepper Paulette

Purchase Details

Closed on
Jun 14, 2005
Sold by
Luge Paul C
Bought by
Knepper Paulette and Leoffler Lorrie

Purchase Details

Closed on
Apr 18, 2005
Sold by
Dudley Rosamond
Bought by
Luge Paul C
Source: Public Records

Range of Values:

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Average Value
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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
Eac Realty Investment Inc $50,000 Sunbelt Title Servicrs Inc
The Restated Larry & Avis Hunt Family Tr -- Attorney
Hunt Larry R Tr $100 --
Hunt Larry R $37,000 Attorney
Stinson John L $35,000 Ocala Land Title Insurance A
Pagel Douglas J $69,900 Premier Title Partners Of Oc
Luge Paul C -- --
Knepper Paulette -- --
Luge Paul C $75,000 Associated Land Title Insura
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/11/2018 05/11/18 Sold $50,000 -26.2% $37 / Sq Ft
05/04/2018 05/04/18 Pending -- -- --
11/15/2017 11/15/17 For Sale $67,777 -- $51 / 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 $1,684 $69,861 -- --
2023 $1,540 $63,510 $0 $0
2022 $1,263 $57,736 $0 $0
2021 $1,212 $67,748 $25,000 $42,748
2020 $872 $47,715 $13,000 $34,715
2019 $841 $45,568 $10,938 $34,630
2018 $723 $40,935 $7,280 $33,655
2017 $655 $35,466 $2,001 $33,465
2016 $648 $34,678 $0 $0
2015 $624 $32,841 $0 $0
2014 $560 $31,658 $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
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Map

Source: Stellar MLS

MLS Number: OM527319

Stellar MLS

APN: 2728-101-208

Florida Marion County Ocala 34470 Northeast Ocala

1640 NE 40th Ave Unit 208, Ocala, FL

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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