NOT LISTED FOR SALE

1920 SE 40th Street Rd Ocala, FL 34480

Estimated Value: $378,381 - $459,000

8 Beds
4 Baths
3,233 Sq Ft
$132/Sq Ft Est. Value

Last Sold March 27, 2023

Last sale price $375,000 $116 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $2,849/month

35 Days on Market

Highlights

  • No HOA
  • Sliding Doors
  • Combination Dining and Living Room
  • Forest High School Rated A-
  • Central Air
  • Wood Siding

About This Home

As of March 2023

Calling all Investors! Fully occupied 2/1 Quadraplex, Excellent location in SE Ocala is conveniently located close to shopping, restaurants and good schools. 3 units rented for $700/mo and 1 unit rented for $800/mo. All utilities are the responsibility of the tenants; lawn maintenance is owners responsibility. Roof is 2010

Last Agent to Sell the Property

Marcia Kasper

RE/MAX ALLSTARS REALTY License #3263372 Listed on: 01/17/2023

RE/MAX ALLSTARS REALTY

Last Buyer's Agent

Qi Wang

HAUZS INC License #3397129

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,808

Year Built

  • Built in 1983

Lot Details

  • 0.27 Acre Lot

Home Design

  • Quadruplex
  • Slab Foundation
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 3,233 Sq Ft Home
  • Sliding Doors
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Schools

  • South Ocala Elementary School
  • Osceola Middle School
  • Forest High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • No Home Owners Association
  • 4 Units
  • Citrus Park Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,808

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Construction Materials: Wood Siding
  • Fireplace: No
  • Living Area: 3233
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 11761
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM651600?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM651600?w=Customer
  • Unit Count: 4
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98684
  • Price per Sq Ft: 115.99
  • Close to Original List Price Ratio: 0.98684
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Living Room/Dining Room Combo
  • Foundation Details: Slab
  • Total Bedrooms: 8
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Schools

  • Elementary School: South Ocala Elementary School
  • High School: Forest High School
  • Middle Or Junior School: Osceola Middle School

Lot Info

  • Zoning: R3
  • Parcel Number: 3120-001-014
  • Additional Parcels: No
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4807.74
  • Tax Block: A
  • Tax Book Number: S-014
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2025
Sold by
Chao Jueying
Bought by
Jc Jasper Realty Llc
Current Estimated Value
$425,845

Purchase Details

Listed on
Mar 19, 2014
Closed on
May 20, 2014
Sold by
Cala Iii Llc
Bought by
Broadhurst Sam
Seller's Agent
Zell Hall
COLDWELL BANKER ELLISON REALTY O
Buyer's Agent
Randy Barnes
RE/MAX PREMIER REALTY
List Price
$91,900
Sold Price
$85,000
Premium/Discount to List
-$6,900
-7.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.86%

Purchase Details

Closed on
Oct 16, 2007
Sold by
Brown Anne O
Bought by
Cala Iii Llc

Purchase Details

Closed on
Jul 28, 2006
Sold by
Brown Anne O
Bought by
Brown Anne O and Anne O Brown Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.31%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jc Jasper Realty Llc $100 None Listed On Document
Jc Jasper Realty Llc $100 None Listed On Document
Broadhurst Sam $85,000 All American Land Title Insu
Cala Iii Llc $78,100 None Available
Brown Anne O -- Associated Land Title Insura
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown Anne O $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2023 03/27/23 Sold $375,000 -1.3% $116 / Sq Ft
02/22/2023 02/22/23 Pending -- -- --
02/17/2023 02/17/23 For Sale $380,000 0.0% $118 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/17/2023 01/17/23 For Sale $380,000 +347.1% $118 / Sq Ft
04/30/2020 04/30/20 Off Market $85,000 -- --
05/20/2014 05/20/14 Sold $85,000 -7.5% $26 / Sq Ft View Prior Sale
05/06/2014 05/06/14 Pending -- -- --
03/19/2014 03/19/14 For Sale $91,900 -- $28 / 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 $7,462 $343,332 -- --
2024 $6,069 $312,120 $36,000 $276,120
2023 $6,069 $177,103 -- --
2022 $4,808 $161,003 $0 $0
2021 $4,576 $171,360 $21,600 $149,760
2020 $4,385 $159,120 $10,800 $148,320
2019 $4,042 $123,420 $6,400 $117,020
2018 $3,757 $111,078 $6,400 $104,678
2017 $3,601 $100,980 $6,400 $94,580
2016 $3,479 $90,882 $0 $0
2015 $2,430 $82,620 $0 $0
2014 $2,486 $89,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marcia Kasper

    Seller's Agent in 2023

    Marcia Kasper

    RE/MAX

    (352) 512-8719

    19 in this area

    289 Total Sales

    Marcia Kasper
    Section Image

  • Q

    Buyer's Agent in 2023

    Qi Wang

    HAUZS INC

    (813) 817-1828

    1 in this area

    19 Total Sales

    Qi Wang
    Section Image
  • Zell Hall

    Seller's Agent in 2014

    Zell Hall

    COLDWELL BANKER ELLISON REALTY O

    (800) 246-1381

    7 in this area

    17 Total Sales

    Zell Hall
    Section Image
  • Randy Barnes

    Buyer's Agent in 2014

    Randy Barnes

    RE/MAX

    (352) 817-0578

    8 in this area

    53 Total Sales

    Randy Barnes
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM651600

Stellar MLS

APN: 3120-001-014

Florida Marion County Ocala 34480

1920 SE 40th Street Rd, Ocala, FL

Not Listed for Sale

MultiFamily

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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