NOT LISTED FOR SALE

1920 SE 40th Street Rd Ocala, FL 34480

Estimated Value: $381,221 - $445,000

8 Beds
4 Baths
3,233 Sq Ft
$129/Sq Ft Est. Value

Last Sold March 27, 2023

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

Est. 11% increase in value since last sale

Current estimated payment $2,718/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
  • Directions to Property: North on SE 1 Avenue toward E FT King Street, Immediately turn Left onto Magnolia Avenue, Road changes to SE Lake Weir Avenue, Left onto SE 38 Street, Right onto SE 17 Court, Road changes to SE 40 Street Road, Quad is on the Right.
  • 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
  • Street Number Modifier: 1920
  • 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
$417,305

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
REMAX/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
14.96%

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:

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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
2024 $6,069 $312,120 $36,000 $276,120
2023 $6,069 $177,103 $0 $0
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

    20 in this area

    298 Total Sales

    Marcia Kasper
    Section Image

  • Q

    Buyer's Agent in 2023

    Qi Wang

    HAUZS INC

    (813) 817-1828

    1 in this area

    20 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

    19 Total Sales

    Zell Hall
    Section Image
  • Randy Barnes

    Buyer's Agent in 2014

    Randy Barnes

    RE/MAX

    (352) 817-0578

    8 in this area

    55 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

This home is located at 1920 SE 40th Street Rd, Ocala, FL 34480 since 17 January 2023 and is currently estimated at $417,305, approximately $129 per square foot. This property was built in 1983. 1920 SE 40th Street Rd is a home located in Marion County with nearby schools including South Ocala Elementary School, Osceola Middle School, and Forest 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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