NOT LISTED FOR SALE

5016 SW 40th Place Ocala, FL 34474

Southwest Ocala Neighborhood

Estimated Value: $279,076 - $305,000

3 Beds
2 Baths
1,824 Sq Ft
$160/Sq Ft Est. Value

Last Sold August 08, 2016

Last sale price $125,000 $69 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $1,955/month

Highlights

  • Gated Community
  • Community Pool
  • Formal Dining Room
  • West Port High School Rated A-
  • Enclosed patio or porch
  • 2 Car Attached Garage

About This Home

As of April 2023

Beautiful and well maintained home located in one of the most desirables communities in Ocala. FORE RANCH offers many activities for the entire family to enjoy. From a club house with exercise facility, pool for adults and the little ones, playground, soccer filed, basketball court etc.. 3 Bedrooms/2 Bathrooms/2 Car Garage. Kitchen with island and all appliances. Master Bedroom includes full bath, double sink, and walk-in closet. Tile and carpet.

Last Agent to Rent the Property

Fatima Luzuriaga

REAL ESTATE CONNECT LLC License #3146873 Listed on: 02/28/2023

Last Renter's Agent

Carlos Guzman

PLATINUM HOMES AND LAND REALTY License #3542716

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,122

Year Built

  • Built in 2005

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 63x122
  • Irrigation

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,824 Sq Ft Home
  • Wet Bar
  • Ceiling Fan
  • Family Room
  • Living Room
  • Formal Dining Room

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Enclosed patio or porch

Schools

  • Saddlewood Elementary School
  • West Port Middle School
  • West Port High School

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Residential Lease
  • Security Deposit $2,000
  • Property Available on 3/1/23
  • 12-Month Minimum Lease Term
  • Available 4/1/23
  • $40 Application Fee
  • 1 to 2-Year Minimum Lease Term
  • Assessor Parcel Number 2386-100-116

Community Details

Overview

  • Property has a Home Owners Association
  • Leland Management Association
  • Fore Ranch Subdivision, Walcrest Floorplan

Recreation

  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,122

Year Built

Built in 2005

Lot Details

0

Parking

2

Rental Info

  • Furnished: Unfurnished
  • Lease Amount Frequency: Monthly
  • Pets Allowed: No
  • Available Date: 2023-03-01
  • Terms Of Lease: 1st Last and Sec Dep Required,No Smoking,Security Deposit Required
  • Long Term YN: 1
  • Security Deposit: 2000
  • Additional Applicant Fee: 40
  • Expected Lease Date: 2023-04-01T00:00:00.000

Listing Details

  • Property Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Fireplace: No
  • Living Area: 1824
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 2414
  • Lease Term: Twelve Months
  • Lot Size Sq Ft: 7841
  • Owner Pays: None
  • Directions to Property: I-75 W on HWY 200 to Fore Ranch Subdivision to Saddlecreek Community. Take Left, Take R on SW Which turn into SW 40th Place,
  • Status: Leased
  • Street Direction: SW
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 525067758
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 1.01
  • Unit Number YN: 0
  • Water Access YN: 0
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Wet Bar
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 5016
  • Additional Rooms: Formal Dining Room Separate
  • Living Area Meters: 169.46
  • Room Count: 3

Exterior Features

  • Pool Features: Other
  • Exterior Features: Irrigation System
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Patio, Patio
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Gated, Pool
  • Association Amenities: Pool
  • Association Name: Leland Management
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: None

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00
  • Application Fee: 40

Schools

  • Elementary School: Saddlewood Elementary School
  • High School: West Port High School
  • Middle Or Junior School: West Port Middle School

Lot Info

  • Parcel Number: 2386-100-116
  • Lot Features: Paved
  • Lot Dimensions: 63x122
  • Lot Size Square Meters: 728

Green Features

  • Green Verification Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2016
Closed on
Aug 4, 2016
Sold by
U S Bank Of National Association
Bought by
Lana Investment Of Florida Llc
Seller's Agent
Nicole Smith
CHAMPION REAL ESTATE GROUP INC
Buyer's Agent
SILVIA AIZPRUA
WEST BROWARD REALTY AND PROPERTY MANAGEMENT
List Price
$129,900
Sold Price
$125,000
Premium/Discount to List
-$4,900
-3.77%
Current Estimated Value
$291,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,769
Avg. Annual Appreciation
10.11%

Purchase Details

Closed on
Jun 1, 2016
Bought by
Lana Investment Of Florida Llc

Purchase Details

Closed on
Dec 18, 2013
Sold by
Cortes Dione Natasha
Bought by
Fore Ranch Master Community Association

Purchase Details

Closed on
Dec 22, 2005
Sold by
Pulte Home Corp
Bought by
Cortes Dione N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,864
Interest Rate
6.5%
Mortgage Type
Fannie Mae Freddie Mac
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
Lana Investment Of Florida Llc $125,000 Shore To Shore Title Llc
Lana Investment Of Florida Llc $98,100 --
Fore Ranch Master Community Association -- None Available
Cortes Dione N $186,600 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lana Investment Of Florida Llc $2,100,000
Previous Owner Cortes Felix $192,000
Previous Owner Cortes Dione N $167,864
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2023 04/01/23 Rented $1,850 -2.6% --
03/29/2023 03/29/23 Under Contract -- -- --
02/28/2023 02/28/23 For Rent $1,900 0.0% --
08/08/2016 08/08/16 Sold $125,000 -3.8% $69 / Sq Ft
07/20/2016 07/20/16 Pending -- -- --
06/24/2016 06/24/16 For Sale $129,900 -- $71 / 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 $4,122 $196,516 $0 $0
2022 $3,562 $178,651 $0 $0
2021 $3,159 $162,410 $22,000 $140,410
2020 $2,836 $157,030 $21,250 $135,780
2019 $2,690 $154,855 $21,250 $133,605
2018 $2,409 $140,464 $18,000 $122,464
2017 $2,133 $115,225 $12,000 $103,225
2016 $2,097 $111,885 $0 $0
2015 $2,015 $105,841 $0 $0
2014 $1,827 $103,054 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Fatima Luzuriaga

    Landlord's Agent in 2023

    Fatima Luzuriaga

    REAL ESTATE CONNECT LLC

    (352) 361-3615

    9 in this area

    151 Total Sales

    Fatima Luzuriaga
    Section Image

  • C

    Tenant's Agent in 2023

    Carlos Guzman

    PLATINUM HOMES AND LAND REALTY

    (352) 456-9788

    27 Total Sales

    Carlos Guzman
    Section Image
  • Nicole Smith

    Seller's Agent in 2016

    Nicole Smith

    CHAMPION REAL ESTATE GROUP INC

    (352) 209-4049

    16 Total Sales

    Nicole Smith
    Section Image
  • Roger Smith

    Seller Co-Listing Agent in 2016

    Roger Smith

    HOMERUN REALTY

    (352) 895-0091

    1 in this area

    28 Total Sales

    Roger Smith
    Section Image
  • SILVIA AIZPRUA

    Buyer's Agent in 2016

    SILVIA AIZPRUA

    WEST BROWARD REALTY AND PROPERTY MANAGEMENT

    (352) 216-8280

    61 Total Sales

    SILVIA AIZPRUA
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM652963

Stellar MLS

APN: 2386-100-116

Florida Marion County Ocala 34474 Southwest Ocala

5016 SW 40th Place, Ocala, FL

This home is located at 5016 SW 40th Place, Ocala, FL 34474 since 28 February 2023 and is currently priced at $291,769. This property was built in 2005. 5016 SW 40th Place is a home located in Marion County with nearby schools including Saddlewood Elementary School, Liberty Middle School, and West Port 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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