NOT LISTED FOR SALE

2218 NE 40th Terrace Ocala, FL 34470

Northeast Ocala Neighborhood

Estimated Value: $237,000 - $297,000

2 Beds
2 Baths
1,591 Sq Ft
$163/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $140,000 $88 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $1,523/month

16 Days on Market

Highlights

  • Enclosed Patio or Porch
  • 2 Car Attached Garage
  • Walk-In Closet
  • Vanguard High School Rated A-
  • Eat-In Kitchen
  • Landscaped with Trees

About This Home

As of September 2017

Beautiful ''like new'' home with new carpet & freshly painted. Big open floor plan with 10' ceilings. 2 spacious bedrooms w/ bay windows, plus study/den. Wired for speakers, 10 x17 screen porch, utility shed. Front porch, newer HVAC,& oversized garage. Rare find in this small neighborhood, close to shopping, churches & restaurants.

Last Agent to Sell the Property

Audrey Johns

RE/MAX FOXFIRE - HWY 40 License #0610083 Listed on: 07/19/2017

RE/MAX FOXFIRE - HWY 40

Last Buyer's Agent

Donna Eastman

RE/MAX FOXFIRE - HWY 40 License #0460254

RE/MAX FOXFIRE - HWY 40

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,370

Year Built

  • Built in 2003

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x130
  • Irrigation
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned R-1 Single Family Dwellin

HOA Fees

  • $15 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Frame Construction
  • Shingle Roof
  • Cement Siding

Interior Spaces

  • 1,591 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch
  • Shed

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater

Community Details

  • Victoria Station Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Property Available on 7/19/17
  • Legal Lot and Block 15 / A
  • Assessor Parcel Number 24232-001-15

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,370

Year Built

Built in 2003

Lot Details

0

HOA Fees

$15 per month

Parking

2

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Cement Siding, Frame
  • Fireplace: No
  • Living Area: 1591
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 2003
  • Building Area Total: 2504
  • Lot Size Sq Ft: 7841
  • Status: Sold
  • Street Direction: NE
  • RATIO Current Price By Calculate: 87.99
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2018-07-18T00:00:00.000
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1

Exterior Features

  • Other Structures: Shed(s)
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Enclosed
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 15
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Monthly HOA Amount: 15.00

Lot Info

  • Zoning: R-1 Single Family Dwellin
  • Parcel Number: 24232-001-15
  • Additional Parcels: No
  • Lot Features: Cleared, Paved
  • Lot Dimensions: 60x130

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2017-07-19
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 1370
  • Tax Block: A
  • Tax Book Number: 7-071
  • Tax Lot: 15

Multi Family

  • Total Num Buildings: 0
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Sep 6, 2017
Sold by
Gilland Bonnie K and The Gornelison Family Trust
Bought by
Freeman Elbern H and Freeman Shirley S
Seller's Agent
Audrey Johns
RE/MAX FOXFIRE - HWY 40
Buyer's Agent
Donna Eastman
RE/MAX FOXFIRE - HWY 40
List Price
$149,000
Sold Price
$140,000
Premium/Discount to List
-$9,000
-6.04%
Current Estimated Value
$259,954

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,954
Avg. Annual Appreciation
7.90%
Original Mortgage
$112,000
Outstanding Balance
$60,402
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$199,552

Purchase Details

Closed on
Mar 1, 2017
Bought by
Freeman Elbern H

Purchase Details

Closed on
Oct 30, 2003
Sold by
Baxter Enterprises Of Marion County Inc
Bought by
Cornelison James F
Source: Public Records

Range of Values:

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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
Freeman Elbern H $140,000 Ocala Land Title Ins Agency
Freeman Elbern H $100 --
Cornelison James F $24,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Freeman Elbern H $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/08/2017 09/08/17 Sold $140,000 -6.0% $88 / Sq Ft
08/05/2017 08/05/17 Pending -- -- --
07/19/2017 07/19/17 For Sale $149,000 -- $94 / 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 $1,686 $124,768 -- --
2023 $1,721 $121,134 $0 $0
2022 $1,526 $117,606 $0 $0
2021 $1,513 $114,181 $0 $0
2020 $1,320 $112,605 $0 $0
2019 $1,289 $110,073 $0 $0
2018 $1,237 $108,021 $0 $0
2017 $1,391 $115,565 $0 $0
2016 $1,370 $113,188 $0 $0
2015 $1,380 $112,401 $0 $0
2014 $1,261 $111,509 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Audrey Johns

    Seller's Agent in 2017

    Audrey Johns

    RE/MAX FOXFIRE - HWY 40

    (352) 812-6767

    4 in this area

    46 Total Sales

    Audrey Johns
    Section Image
  • Donna Eastman

    Buyer's Agent in 2017

    Donna Eastman

    RE/MAX FOXFIRE - HWY 40

    (352) 843-1542

    3 in this area

    18 Total Sales

    Donna Eastman
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM521536

Stellar MLS

APN: 24232-001-15

Florida Marion County Ocala 34470 Northeast Ocala

2218 NE 40th Terrace, 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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