NOT LISTED FOR SALE

2118 NE 40th Terrace Ocala, FL 34470

Northeast Ocala Neighborhood

Estimated Value: $244,000 - $272,000

3 Beds
2 Baths
1,565 Sq Ft
$168/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $211,000 $135 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,692/month

1 Day on Market

Highlights

  • Florida Architecture
  • Main Floor Primary Bedroom
  • Covered Patio or Porch
  • Vanguard High School Rated A-
  • High Ceiling
  • 2 Car Attached Garage

About This Home

As of August 2021

Nestled within the quiet neighborhood of Victoria Station, this adorable home has a convenient location and an inviting atmosphere. The outside of the home has plenty of curb appeal with a covered front porch and flowering plants and trees. Offering a total of 3-bedrooms and 2-baths, the home features tall ceilings, wood-look vinyl flooring, a split bedroom floor plan, and lots of windows that allow in plenty of natural light throughout. The kitchen is equipped with stainless steel appliances, upgraded wood cabinets with roll-out shelving, and a breakfast bar. Directly adjacent to the kitchen is the dining room, allowing for easy conversation between both spaces! Light and bright, the living room has plenty of space and a set of French doors that lead out to the screen-enclosed Florida room. Bedrooms are nice and spacious, with a master suite that comes complete with his and her closets and an en-suite with a large glass-door shower, dual vanities, and ample cabinet storage. The backyard is a wonderful space– mature hedges offer extra privacy, and there are several flowering trees and a fruit tree that add to the beauty. A third side-patio adds additional covered space, and is accessible via a door within the spacious double garage that offers additional storage. New updates to the home include a new roof and new appliances in 2020, plus all new flooring in 2021. Located just around the corner from The Appleton Museum of Art and a short drive to Downtown Ocala, this home offers a convenient location without the hustle and bustle!

Last Agent to Sell the Property

Kathy Prater

SHOWCASE PROPERTIES OF CENTRAL License #0383027 Listed on: 07/20/2021

Co-Listed By

Jeaneen Crisante

SHOWCASE PROPERTIES OF CENTRAL License #3348935

Last Buyer's Agent

Stacey Meacham

License #3497493

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,413

Year Built

  • Built in 2004

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x130
  • East Facing Home
  • Irrigation
  • Landscaped with Trees
  • Property is zoned R1AA

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Florida Architecture
  • Slab Foundation
  • Shingle Roof
  • Cement Siding

Interior Spaces

  • 1,565 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • French Doors
  • Vinyl Flooring

Kitchen

  • Eat-In Kitchen
  • Convection Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Thermostat
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • City Lot

Community Details

  • Association fees include ground maintenance
  • Victoria Station Po Sherry Shelton Association
  • Victoria Station Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,413

Year Built

Built in 2004

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Cement Siding
  • Fireplace: No
  • Living Area: 1565
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 2502
  • Lot Size Sq Ft: 7841
  • Directions to Property: East Silver Springs Blvd to north at NE 36th Ave to right at NE 21st Street, Left at NE 40th Terrace to house on left.
  • Status: Sold
  • Street Direction: NE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM623900?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM623900?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.0603
  • Price per Sq Ft: 134.82
  • Close to Original List Price Ratio: 1.0603
  • Ratio: Current Price\Building Area Total: 84.33
  • View: No
  • Co List Office Mls Id: 271500260
  • Co List Office Phone: 352-351-4718
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 2118
  • Room Count: 3

Exterior Features

  • Direction Faces: East
  • Exterior Features: French Doors, Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Patio, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0529E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Underground Utilities
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Sidewalk
  • Association Fee: 155
  • Association Fee Frequency: Annually
  • Association Name: Victoria Station PO - Sherry Shelton
  • Association: Yes
  • Security: Security System, Smoke Detector(s)
  • Senior Community: No
  • Association Email: ocowla@aol.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 155
  • Monthly HOA Fee: 12.92
  • Total Monthly Fees: 12.92

Lot Info

  • Zoning: R1AA
  • Parcel Number: 24232-001-06
  • Additional Parcels: No
  • Lot Features: City Lot
  • Lot Dimensions: 60x130
  • Flood Zone Code: X
  • Flood Zone Date: 2017-04-19

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1413.48
  • Tax Block: A
  • Tax Book Number: 7-071,VICTOR
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2021
Closed on
Aug 19, 2021
Sold by
Baker Guy L and Baker Betsy R
Bought by
Close Linda
Seller's Agent
Kathy Prater
SHOWCASE PROPERTIES OF CENTRAL
Buyer's Agent
Stacey Meacham
List Price
$199,000
Sold Price
$211,000
Premium/Discount to List
$12,000
6.03%
Current Estimated Value
$262,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,498
Avg. Annual Appreciation
5.46%

Purchase Details

Listed on
Aug 4, 2014
Closed on
Sep 30, 2014
Sold by
Fair Robert C and Fair Diane M
Bought by
Baker Guy L and Baker Betsy R
Seller's Agent
Helen MacNeil
COLDWELL BANKER ELLISON REALTY O
List Price
$130,000
Sold Price
$130,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$104,000
Interest Rate
3.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2004
Sold by
Baxter Enterprises Of Marion County Inc
Bought by
Fair Robert C and Fair Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$83,200
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage
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
Close Linda $211,000 Affiliated Ttl Of Ctrl Fl Lt
Baker Guy L $130,000 All Amer Land Title Ins Agen
Fair Robert C $143,600 Advanced Title & Settlement
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baker Guy L $104,000
Previous Owner Fair Robert C $83,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $211,000 +6.0% $135 / Sq Ft
07/21/2021 07/21/21 Pending -- -- --
07/20/2021 07/20/21 For Sale $199,000 +53.1% $127 / Sq Ft
09/30/2014 09/30/14 Sold $130,000 0.0% $83 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
08/04/2014 08/04/14 For Sale $130,000 -- $83 / 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 $3,440 $225,529 $35,000 $190,529
2023 $4,105 $216,375 $30,000 $186,375
2022 $3,661 $198,068 $30,000 $168,068
2021 $1,667 $122,623 $0 $0
2020 $1,472 $120,930 $0 $0
2019 $1,439 $118,211 $0 $0
2018 $1,383 $116,007 $7,000 $109,007
2017 $1,372 $114,027 $0 $0
2016 $1,351 $111,682 $0 $0
2015 $1,361 $110,906 $0 $0
2014 $1,934 $109,403 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2021

    Kathy Prater

    SHOWCASE PROPERTIES OF CENTRAL

    (352) 817-4144

    6 in this area

    55 Total Sales

    Kathy Prater
    Section Image
  • Jeaneen Crisante

    Seller Co-Listing Agent in 2021

    Jeaneen Crisante

    SHOWCASE PROPERTIES OF CENTRAL

    (407) 928-2685

    2 in this area

    33 Total Sales

    Jeaneen Crisante
    Section Image

  • S

    Buyer's Agent in 2021

    Stacey Meacham

    Section Image

  • H

    Seller's Agent in 2014

    Helen MacNeil

    COLDWELL BANKER ELLISON REALTY O

    (352) 572-2199

    12 in this area

    45 Total Sales

    Helen MacNeil
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM623900

Stellar MLS

APN: 24232-001-06

Florida Marion County Ocala 34470 Northeast Ocala

2118 NE 40th Terrace, Ocala, FL

This home is located at 2118 NE 40th Terrace, Ocala, FL 34470 since 20 July 2021 and is currently estimated at $262,498, approximately $167 per square foot. This property was built in 2004. 2118 NE 40th Terrace is a home located in Marion County with nearby schools including Ocala Springs Elementary School, Fort King Middle School, and Vanguard 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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