NOT LISTED FOR SALE

4922 SE 40th Terrace Ocala, FL 34480

Silver Spring Shores Neighborhood

Estimated Value: $355,000 - $480,000

3 Beds
2 Baths
2,628 Sq Ft
$150/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $285,000 $108 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,590/month

149 Days on Market

Highlights

  • Open Floorplan
  • High Ceiling
  • 2 Car Attached Garage
  • Forest High School Rated A-
  • No HOA
  • French Doors

About This Home

As of February 2022

Tucked away in an awesome South East Ocala location. Golden Glen has no HOA monthly fees or covenant restrictions. Zoned for Shady Hill Elementary, Osceola Middle School and Forest High School. Plenty of room to spread out in over 2600 living square feet with a split floor plan and vaulted ceilings. All 3 Bedrooms and 2 Baths are generously sized. Separate living room, family room with wood burning fireplace, dining room and bonus room. Features fresh laminate flooring. Completely remodeled kitchen with new grey cabinets, stainless appliances, and granite countertops. Roof and Ac replaced in 2017. Large 2 car garage with plenty of storage. It is set up for a generator to be installed. There is mature landscaping including a Citrus Cocktail tree grafted to produce Ruby Red grapefruit, Naval oranges, Meyer lemons and Tangerines all from one tree! There is also a peach tree and olive tree producing fruit and a fenced backyard. There is a well on property that could be used for irrigation. Utilities are Duke Energy and Marion County Utilities for water. Hurry and take a look at everything this South East Ocala property has to offer!

Last Agent to Sell the Property

Scott Coldwell

COLDWELL REALTY SOLD GUARANTEE License #3077217 Listed on: 08/30/2021

COLDWELL REALTY SOLD GUARANTEE

Last Buyer's Agent

Courtney Moody

NEXTHOME PROFESSIONAL REALTY License #3104744

NEXTHOME PROFESSIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,484

Year Built

  • Built in 1987

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 90x125
  • South Facing Home
  • Wood Fence
  • Cleared Lot
  • Property is zoned R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stone Siding

Interior Spaces

  • 2,628 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • French Doors
  • Sliding Doors

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Electric Water Heater
  • Septic Tank

Community Details

  • No Home Owners Association
  • Golden Glen Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,484

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stone, Wood Frame
  • Fireplace: Yes
  • Living Area: 2628
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 3579
  • Lot Size Sq Ft: 11326
  • Directions to Property: From 464E/Maricamp Rd, Right on SE 44th Ave Rd, Right on SE 52nd St, Right on SE 41st Ave, Left at Stop Sign, to home on Left
  • Status: Sold
  • Street Direction: SE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM626192?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM626192?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.98446
  • Price per Sq Ft: 108.45
  • Close to Original List Price Ratio: 0.95318
  • Ratio: Current Price\Building Area Total: 79.63
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Split Bedroom
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 4922
  • Room Count: 5

Exterior Features

  • Direction Faces: South
  • Exterior Features: Fenced, French Doors, 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

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

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: R1
  • Parcel Number: 31356-005-00
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: Cleared
  • Lot Dimensions: 90x125
  • Flood Zone Code: x

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 5483.91
  • Tax Block: 0
  • Tax Book Number: Y-034,GOLDEN
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 1, 2024
Sold by
Minard Richard James and Minard Cynthia Traci
Bought by
Minard Richard James and Minard Cynthia Traci
Current Estimated Value
$413,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,110
Outstanding Balance
$295,763
Interest Rate
6.54%
Mortgage Type
FHA
Estimated Equity
$95,351

Purchase Details

Listed on
Aug 30, 2021
Closed on
Feb 28, 2022
Sold by
Boyne Victoria E and Boyne David C
Bought by
Minard Richard and Minard William Casey
Seller's Agent
Scott Coldwell
COLDWELL REALTY SOLD GUARANTEE
Buyer's Agent
Courtney Moody
NEXTHOME PROFESSIONAL REALTY
List Price
$289,500
Sold Price
$285,000
Premium/Discount to List
-$4,500
-1.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.55%
Original Mortgage
$260,988
Interest Rate
3.55%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 20, 2003
Sold by
Burns Russell D and Burns Cheryl A
Bought by
Boyne Victoria E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,855
Interest Rate
6.16%
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
Minard Richard James -- Old Republic Title
Minard Richard James -- Old Republic Title
Minard Richard $285,000 Marion Lake Sumter Title
Boyne Victoria E $146,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Minard Richard James $297,110
Closed Minard Richard James $297,110
Previous Owner Minard Richard $260,988
Previous Owner Boyne Victoria E $144,855
Previous Owner Burns Russell D $40,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $285,000 -1.6% $108 / Sq Ft
01/23/2022 01/23/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $289,500 0.0% $110 / Sq Ft
01/08/2022 01/08/22 Pending -- -- --
11/18/2021 11/18/21 Price Changed $289,500 -1.5% $110 / Sq Ft
10/08/2021 10/08/21 For Sale $294,000 0.0% $112 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/27/2021 09/27/21 Price Changed $294,000 -1.7% $112 / Sq Ft
08/27/2021 08/27/21 For Sale $299,000 -- $114 / 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
2023 $4,044 $277,510 $35,000 $242,510
2022 $3,991 $213,939 $0 $0
2021 $5,889 $214,398 $40,000 $174,398
2020 $5,484 $176,809 $18,000 $158,809
2019 $5,428 $171,591 $18,000 $153,591
2018 $5,117 $158,928 $14,000 $144,928
2017 $2,731 $151,308 $12,000 $139,308
2016 $2,629 $144,248 $0 $0
2015 $2,564 $138,172 $0 $0
2014 $2,390 $134,666 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Scott Coldwell

    Seller's Agent in 2022

    Scott Coldwell

    COLDWELL REALTY SOLD GUARANTEE

    (352) 209-0000

    167 in this area

    1,059 Total Sales

    Section Image
  • Courtney Moody

    Buyer's Agent in 2022

    Courtney Moody

    NEXTHOME PROFESSIONAL REALTY

    (352) 572-6940

    24 in this area

    128 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: OM626192

Stellar MLS

APN: 31356-005-00

Florida Marion County Ocala 34480 Silver Spring Shores

4922 SE 40th Terrace, Ocala, FL

This home is located at 4922 SE 40th Terrace, Ocala, FL 34480 since 30 August 2021 and is currently estimated at $394,007, approximately $149 per square foot. This property was built in 1987. 4922 SE 40th Terrace is a home located in Marion County with nearby schools including Shady Hill 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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