$445,000
SOLD NOV 4, 2025

3940 SE 5th Ave Ocala, FL 34480

4 Beds
3 Baths
2,086 Sq Ft
9,583 Sq Ft Lot

Recently Sold

$213 Per Sq Ft

5% Below List Price

110 Days on Market

Highlights

  • Gated Community
  • Open Floorplan
  • Community Lake
  • Challenge School Rated A
  • Craftsman Architecture
  • Private Lot

About This Home

As of November 2025

Nestled in the back of one of Ocala’s most desirable gated communities, this meticulously maintained 4 bedroom 3 bathroom home in Bellechase offers the perfect blend of elegance, convenience & privacy. Centrally located just minutes from downtown Ocala w/ 2 hospitals, premier dining, shopping & top-rated schools, the neighborhood is a private oasis of trails, scenic greenspaces, lakes & majestic trees overhanging the scenic drive. The premium lot is beautifully landscaped and features a covered rear porch to enjoy the serene atmosphere for morning coffee or evening sunsets. Inside you’ll find tall ceilings & warm natural colors which allow lots of light into the thoughtfully designed open floorplan. The split floorplan is perfect for entertaining, featuring a stylish kitchen in the center of the home w/ gas cooktop, bright countertops & a butler’s pantry, as well as a wet bar conveniently located right off the living room. The primary suite is a sanctuary w/ all that you’d expect from tray ceilings, a large walk-in closet & a spa-like bathroom w/ walk-in shower & dual vanities.
This home features everything one would need & has been lightly lived in, a short drive to the World Equestrian Center, the Gulf or the Atlantic for pleasant day trips to enjoy all that central Florida has to offer. Some photos have been virtually staged. Don’t miss your chance, call today for a private viewing!

Last Agent to Sell the Property

NILACALA KHURANA

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS Brokerage Phone: 352-240-0600 License #3350955 Listed on: 06/06/2025

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS

Co-Listed By

Nila Khurana

KELLER WILLIAMS GAINESVILLE REALTY PARTNERS Brokerage Phone: 352-240-0600 License #3419876

Last Buyer's Agent

Lori Busch

BUSCH REALTY License #3104889

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,866

Year Built

  • Built in 2022

Lot Details

  • 9,583 Sq Ft Lot
  • Lot Dimensions are 70x134
  • East Facing Home
  • Fenced
  • Private Lot
  • Irrigation Equipment
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned PD01

HOA Fees

  • $167 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Shingle Roof
  • HardiePlank Type

Interior Spaces

  • 2,086 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Bar Fridge
  • Dry Bar
  • Tray Ceiling
  • High Ceiling
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Sliding Doors
  • Living Room

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Smart Home

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Shady Hill Elementary School
  • Osceola Middle School
  • Belleview High School

Utilities

  • Central Air
  • Heat Pump System
  • Gas Water Heater
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • Association fees include ground maintenance, management, private road
  • Stephanie Mallary Association, Phone Number (352) 620-0101
  • Visit Association Website
  • Bellechase Villas Subdivision
  • Community Lake

Recreation

  • Park
  • Trails

Security

  • Security Guard
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,866

Year Built

Built in 2022

Lot Details

0

HOA Fees

$167 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Management, Other, Private Road
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Craftsman
  • Construction Materials: HardiPlank Type
  • Fireplace: No
  • Living Area: 2086
  • Lot Size Acres: 0.22
  • New Construction: No
  • Year Built: 2022
  • Building Area Total: 2774
  • Lot Size Sq Ft: 9583
  • Status: Sold
  • Street Direction: SE
  • Co List Office Mls Id: MFR259505695
  • Co List Office Phone: 352-240-0600
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 257.71
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 213.33
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Lake
  • Attribution Contact: 352-240-0600
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Built-in Features, Dry Bar, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Solid Surface Counters, Split Bedroom, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Dryer, Gas Water Heater, Range Hood, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Spa Yn: No
  • Stories: 1
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
  • Living Area Meters: 193.80

Exterior Features

  • Direction Faces: East
  • Other Structures: Other
  • Exterior Features: Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch
  • Road Surface Type: Asphalt, Concrete, Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Gated Community - Guard, Sidewalks
  • Association Amenities: Gated, Other, Park, Trail(s)
  • Association Fee: 2000
  • Association Fee Frequency: Annually
  • Association Name: Stephanie Mallary
  • Phone: 352-620-0101
  • Association: Yes
  • Security: Security System
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required
  • Association Email: SMallary@lelandmanagement.com
  • Association URL: www.lelandmgt.com

Fee Information

  • Total Annual Fees: 2000.00
  • Total Monthly Fees: 166.67
  • Monthly HOA Amount: 166.67

Schools

  • Elementary School: Shady Hill Elementary School
  • High School: Belleview High School
  • Middle Or Junior School: Osceola Middle School

Lot Info

  • Zoning: PD01
  • Parcel Number: 30598-03-058
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: Cleared, Landscaped, Sidewalk, Paved, Private
  • Lot Dimensions: 70x134
  • Flood Zone Code: X

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please confirm restrictions w/ HoA

Tax Info

  • Tax Annual Amount: 5866
  • Tax Block: 0
  • Tax Book Number: 9-167VILLAS
  • Tax Lot: 58

Matterport 3D Tour

Floorplan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2025
Closed on
Nov 4, 2025
Sold by
Singh Rinku
Bought by
Ruhi Investments Llc
Seller's Agent
NILACALA KHURANA
KELLER WILLIAMS GAINESVILLE REALTY PARTNERS
Buyer's Agent
Lori Busch
BUSCH REALTY
List Price
$470,000
Sold Price
$445,000
Premium/Discount to List
-$25,000
-5.32%
Views
373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.68%
Original Mortgage
$360,000
Outstanding Balance
$360,000
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$102,972

Purchase Details

Listed on
Oct 6, 2023
Closed on
Dec 6, 2023
Sold by
Bellamio Nicholas Eric and Bellamio Esther
Bought by
Singh Rinku
Seller's Agent
Crystal McCall
KELLER WILLIAMS CORNERSTONE RE
Buyer's Agent
Joslyn Aleem
COMPASS FLORIDA LLC
List Price
$478,750
Sold Price
$457,000
Premium/Discount to List
-$21,750
-4.54%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.38%
Original Mortgage
$300,250
Interest Rate
7.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 31, 2022
Sold by
Lennar Homes Llc
Bought by
Bellamio Nicholas Eric and Bellamio Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,192
Interest Rate
5.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 30, 2021
Sold by
A Plus Homes Inc
Bought by
Lennar Homes Llc

Purchase Details

Closed on
Apr 5, 2018
Sold by
J Rapaport Companies Inc
Bought by
A Plus Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $445,000 First American Title Insurance
Warranty Deed $457,000 Ocala Land Title
Warranty Deed $457,000 Ocala Land Title
Special Warranty Deed $441,500 Lennar Title
Special Warranty Deed $8,063,800 Attorney
Warranty Deed $1,000,000 Superior Title Ins Agency Of
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $360,000 New Conventional
Previous Owner $300,250 New Conventional
Previous Owner $353,192 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2025 11/04/25 Sold $445,000 -3.2% $213 / Sq Ft
09/24/2025 09/24/25 Pending -- -- --
08/20/2025 08/20/25 Price Changed $459,900 -1.4% $220 / Sq Ft
07/17/2025 07/17/25 Price Changed $466,500 -0.7% $224 / Sq Ft
06/06/2025 06/06/25 For Sale $470,000 +2.8% $225 / Sq Ft
12/06/2023 12/06/23 Sold $457,000 -4.5% $219 / Sq Ft View Prior Sale
10/28/2023 10/28/23 Pending -- -- --
10/06/2023 10/06/23 For Sale $478,750 -- $230 / 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 $7,272 $396,764 $65,000 $331,764
2023 $7,272 $354,744 $0 $0
2022 $908 $50,000 $50,000 $0
2021 $1,021 $55,000 $55,000 $0
2020 $909 $50,000 $50,000 $0
2019 $831 $45,000 $45,000 $0
2018 $546 $34,000 $34,000 $0
2017 $544 $36,000 $36,000 $0
2016 $505 $22,627 $0 $0
2015 $509 $20,570 $0 $0
2014 $450 $18,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: GC531498

Stellar MLS

APN: 30598-03-058