NOT LISTED FOR SALE

16550 SW 40th St Ocala, FL 34481

Rainbow Park Area
3 Beds
2 Baths
1,344 Sq Ft
3.01 Acre Lot

Sale Details

Date Sold: April 25, 2025

Last sale price $399,000 $297 Per Sq Ft

243 Days on Market

Highlights

  • Barn
  • RV Carport
  • 3.01 Acre Lot
  • Oak Trees
  • View of Trees or Woods
  • Open Floorplan

About This Home

As of April 2025

Equestrian Paradise with Endless Possibilities! 3+ Acre Ocala Mini-Farm 3/2/2 plus new Barn/Barndominium. Can easily be income producing. 8 miles to the World Equestrian Center. This high and dry property is zoned agricultural for horses or livestock. Nestled among mature oaks, pines, and palms, this beautifully fenced and cross-fenced property offers both privacy and functionality. A double security-gated, tree- lined driveway leads to a charming 3-bedroom, 2-bath, 4 car garage home, perfect for enjoying peaceful country living. Highlights Include: Custom Barn 36x36, tack room, and additional space for your tractor, RVs, or toys. RV Amenities: (4) 50 AMP RV hookups conveniently located throughout the property. A massive carport accommodates your horse trailer. Train for competitions and events, or just enjoy riding your horse along nearby riding trails. Rainbow Springs & KP Hole Park, provides unlimited recreation. Perfect safe place for your family! Minutes to shopping, medical and fine dining options in historic Ocala, Gainesville & Dunnellon. Major highway access I-75, and more. New Home Warranty. So much opportunity for so little money!

Last Agent to Sell the Property

Jay Guberman

CB/ELLISON RLTY WEST Brokerage Phone: 352-854-9717 License #3013219 Listed on: 07/01/2024

Last Buyer's Agent

Jay Guberman

CB/ELLISON RLTY WEST Brokerage Phone: 352-854-9717 License #3013219 Listed on: 07/01/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,829

Year Built

  • Built in 2021

Lot Details

  • 3.01 Acre Lot
  • Lot Dimensions are 270x486
  • Southwest Facing Home
  • Dog Run
  • Cross Fenced
  • Wood Fence
  • Board Fence
  • Wire Fence
  • Private Lot
  • Oak Trees
  • Wooded Lot
  • Garden
  • Property is zoned A1

Home Design

  • Contemporary Architecture
  • Pillar, Post or Pier Foundation
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Shades
  • Great Room
  • Luxury Vinyl Tile Flooring
  • Views of Woods
  • Fire and Smoke Detector
  • Washer and Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Parking

  • 2 Carport Spaces
  • RV Carport

Outdoor Features

  • Balcony
  • Deck
  • Exterior Lighting
  • Outdoor Storage
  • Outdoor Grill
  • Rain Gutters
  • Private Mailbox
  • Front Porch

Farming

  • Barn
  • Farm
  • Farm
  • Pasture
  • Livestock

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • Underground Utilities
  • 1 Water Well
  • Electric Water Heater
  • 1 Septic Tank
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

Property Details

Property Type

Other

Est. Annual Taxes

$1,829

Year Built

Built in 2021

Lot Details

3.01 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Farm
  • Architectural Style: Contemporary, Ranch
  • Construction Materials: Vinyl Siding
  • Fireplace: No
  • Living Area: 1344
  • Lot Size Acres: 3.01
  • New Construction: No
  • Year Built: 2021
  • Building Area Total: 1968
  • Lot Size Sq Ft: 131116
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 182.83
  • Escrow City: Ocaala
  • Escrow State: FL
  • Escrow Street Name: SW 27th Avenue
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 296.88
  • Total Acreage: 2 to less than 5
  • Water Access YN: 0
  • Barn Features: Barn Office,Horse Barn,Tack Room
  • MFR_NumAssignedParkingSpaces: 2
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-854-9717
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Eat-in Kitchen, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator
  • Foundation Details: Pillar/Post/Pier
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Shades, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 124.86

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Barn(s), Kennel/Dog Run, Other, Storage
  • Exterior Features: Balcony, Dog Run, Garden, Lighting, Outdoor Grill, Private Mailbox, Rain Gutters, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Deck, Front Porch, Rear Porch
  • Road Surface Type: Other
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Farm Type: Livestock

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: RV Carport, RV Access/Parking

Utilities

  • Utilities: Cable Available, Electricity Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Septic Tank
  • Water Source: Private, Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Association: No
  • Security: Fire Alarm
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: A1
  • Parcel Number: 20909-001-06
  • Additional Parcels: No
  • Fencing: Board, Cross Fenced, Wire, Wood
  • Lot Features: Farm, Pasture, Private, Zoned for Horses
  • Lot Dimensions: 270x486
  • Horse Amenities: Other
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1829.44
  • Tax Block: E
  • Tax Book Number: 0
  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2024
Closed on
Apr 25, 2025
Sold by
Bought by
Seller's Agent
Jay Guberman
CB/ELLISON RLTY WEST
Buyer's Agent
Jay Guberman
CB/ELLISON RLTY WEST
List Price
$399,000
Sold Price
$399,000
Views
84

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.095%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 29, 2021
Sold by
Bought by

Purchase Details

Closed on
Mar 29, 2006
Sold by
Bought by

Purchase Details

Closed on
Mar 17, 2006
Sold by
Bought by

Purchase Details

Closed on
Apr 22, 2003
Sold by
Bought by

Purchase Details

Closed on
Jul 13, 1998
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$399,000 First American Title Insurance
$35,000 Affiliated Title Of Central Fl
$46,000 Rainbow Title Company Inc
-- Attorney
$22,000 Rainbow Title Co
$19,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $200,000
Previous Owner $60,000
Previous Owner $92,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
04/25/2025 04/25/25 Sold $399,000 -6.7% $297 / Sq Ft
03/02/2025 03/02/25 Pending -- -- --
02/13/2025 02/13/25 Price Changed $427,500 +7.1% $318 / Sq Ft
02/01/2025 02/01/25 For Sale $399,000 0.0% $297 / Sq Ft
01/30/2025 01/30/25 Off Market $399,000 -- --
01/24/2025 01/24/25 Price Changed $399,000 -6.7% $297 / Sq Ft
01/16/2025 01/16/25 Price Changed $427,500 -0.1% $318 / Sq Ft
01/06/2025 01/06/25 Price Changed $428,000 -4.5% $318 / Sq Ft
12/24/2024 12/24/24 Price Changed $448,000 -5.7% $333 / Sq Ft
12/04/2024 12/04/24 For Sale $475,000 +19.0% $353 / Sq Ft
11/15/2024 11/15/24 Off Market $399,000 -- --
08/27/2024 08/27/24 Price Changed $460,000 -3.2% $342 / Sq Ft
07/01/2024 07/01/24 For Sale $475,000 -- $353 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,122 $144,876
2024 $1,879 $140,793
2023 $1,879 $136,692
2022 $1,776 $132,711 $0 $0
2021 $421 $27,940 $27,940 $0
2020 $364 $22,065 $22,065 $0
2019 $321 $17,910 $17,910 $0
2018 $296 $17,194 $17,194 $0
2017 $288 $17,194 $17,194 $0
2016 $279 $14,737 $0 $0
2015 $272 $13,397 $0 $0
2014 $211 $12,179 $0 $0
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: OM680596

Stellar MLS
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