NOT LISTED FOR SALE

2434 SE 40th Street Rd Ocala, FL 34480

Silver Spring Shores Neighborhood

Estimated Value: $187,000 - $312,000

3 Beds
2 Baths
1,563 Sq Ft
$161/Sq Ft Est. Value

Last Sold May 21, 2015

Last sale price $64,900 $42 Per Sq Ft

Est. 287% increase in value since last sale

Current estimated payment $1,417/month

43 Days on Market

Highlights

  • Race Track
  • Wooded Lot
  • No HOA
  • Forest High School Rated A-
  • Cathedral Ceiling
  • 2 Car Attached Garage

About This Home

As of May 2015

Spacious home with tiled floors throughout on 1/2 acre lot in SouthEast Ocala. Volume ceilings, Kitchen features a large pantry and snack counter, kitchen opens to dining area and living room. Exterior of home has been freshly painted.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,124

Year Built

  • Built in 1989

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 165x132
  • Cleared Lot
  • Wooded Lot
  • Property is zoned R-1 Single Family Dwellin

Parking

  • 2 Car Attached Garage

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,563 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heating Available
  • Septic Tank

Additional Features

  • Patio
  • Race Track

Community Details

  • No Home Owners Association
  • Shadow Wood Subdivision

Listing and Financial Details

  • Property Available on 3/8/15
  • Legal Lot and Block 8 / E
  • Assessor Parcel Number 3125-005-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,124

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1563
  • Lot Size Acres: 0.5
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 2518
  • Lot Size Sq Ft: 21780
  • Status: Sold
  • Street Direction: SE
  • RATIO Current Price By Calculate: 41.52
  • Total Acreage: 1/2 Acre to 1 Acre
  • Water Access YN: 0
  • Barn Features: None
  • Last Date Available: 2015-07-30T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Eat-in Kitchen
  • Appliances Included: Dishwasher, Range
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Patio
  • Water View YN: 0

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R-1 Single Family Dwellin
  • Parcel Number: 3125-005-008
  • Additional Parcels: No
  • Lot Features: Cleared, In County, Paved, Wooded
  • Lot Dimensions: 165x132
  • Horse Amenities: None, Race Track

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2015-03-08
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 1123.53
  • Tax Block: E
  • Tax Book Number: T-083
  • Tax Lot: 8

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2015
Closed on
Jul 20, 2015
Sold by
Gds Holdings Llc
Bought by
Pierson Mariah
List Price
$82,500
Sold Price
$64,900
Premium/Discount to List
-$17,600
-21.33%
Current Estimated Value
$251,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,508
Avg. Annual Appreciation
13.85%
Original Mortgage
$111,550
Outstanding Balance
$87,643
Interest Rate
4.08%
Mortgage Type
New Conventional
Estimated Equity
$163,765

Purchase Details

Listed on
Mar 8, 2015
Closed on
May 14, 2015
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gds Holdings Llc
List Price
$82,500
Sold Price
$64,900
Premium/Discount to List
-$17,600
-21.33%

Purchase Details

Closed on
Jan 15, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Jan 6, 2015
Sold by
Hancock Christopher and Hancock Ashley
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
Jul 5, 2007
Sold by
Mark Philip
Bought by
Hancock Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,355
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2006
Sold by
Mason Melanie Jane and Mason Michael
Bought by
Mark Phillip

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000
Interest Rate
6.36%
Mortgage Type
Balloon

Purchase Details

Closed on
Feb 9, 2006
Sold by
Mark Melanie
Bought by
Mark Phillip

Purchase Details

Closed on
Sep 29, 2000
Sold by
Moreira Lorgio I and Moreira Betty S
Bought by
Mark Phillip and Manarel Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,775
Interest Rate
7.97%
Mortgage Type
FHA
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
Pierson Mariah $115,000 Brick City Title Ins Agency
Gds Holdings Llc $64,900 Ras Title Llc
Federal Home Loan Mortgage Corporation $95,700 Old Republic
Nationstar Mortgage Llc $159,300 Old Republic
Hancock Christopher $150,900 1St Quality Title Llc
Mark Phillip $41,000 1St Quality Title Llc
Mark Phillip -- None Available
Mark Phillip $80,500 Ocala Land Title Insurance A
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierson Mariah $111,550
Previous Owner Hancock Christopher $143,355
Previous Owner Mark Phillip $14,000
Previous Owner Mark Phillip $79,775
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2015 05/21/15 Sold $64,900 -21.3% $42 / Sq Ft
04/21/2015 04/21/15 Pending -- -- --
03/08/2015 03/08/15 For Sale $82,500 -- $53 / 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 $1,144 $93,794 -- --
2023 $1,109 $91,062 $0 $0
2022 $1,072 $88,410 $0 $0
2021 $1,061 $85,835 $0 $0
2020 $1,049 $84,650 $0 $0
2019 $1,028 $82,747 $0 $0
2018 $980 $81,204 $19,008 $62,196
2017 $1,370 $104,986 $0 $0
2016 $1,335 $102,827 $0 $0
2015 $1,962 $101,974 $0 $0
2014 -- $95,695 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: OM422194

Stellar MLS

APN: 3125-005-008

Florida Marion County Ocala 34480 Silver Spring Shores

2434 SE 40th Street Rd, 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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