NOT LISTED FOR SALE

5040 SW 109th Loop Ocala, FL 34476

Liberty Neighborhood

Estimated Value: $335,801 - $367,000

3 Beds
2 Baths
2,052 Sq Ft
$173/Sq Ft Est. Value

Last Sold March 07, 2024

Last sale price $349,000 $170 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $2,398/month

8 Days on Market

Highlights

  • 0.62 Acre Lot
  • Open Floorplan
  • Main Floor Primary Bedroom
  • West Port High School Rated A-
  • Vaulted Ceiling
  • 2 Car Attached Garage

About This Home

As of March 2024

WOW! Owner Financing.....
Driving up to this magnificent 3/2 home, on this very private loop, in the SW Ocala area you will be arriving home. Built in 2008 this
beautiful home will impress you and your family as you park in your driveway. You will be looking at your large covered front porch
with a nice porch swing to enjoy with family and friends in conversation or private moments. As you go into your home you will
experience a beautiful open concept and split floor-plan layout. This Home has vaulted ceilings in the living area with knockdown
finish throughout home. Living room area has a lighted plant shelf with indirect lighting. The kitchen is spacious and has 42” upper
cabinets for extra storage space. Under counter lighting lights up the very unique back splash and makes the kitchen counters easy
to see what you are preparing for your family. The Breakfast nook area just off kitchen has a bar counter for those times you want to
carry on conversations with the cook or just need a smaller place to eat. As you look out the Breakfast nook or living room you will
see a very beautiful back yard area with paved stones going through the trees among the Azaleas. This home offers 3 large
bedrooms and 2 full baths, plus Office/Nursery room off the Master bedroom with double pocket doors for privacy. Master bedroom
has a tray ceiling to give the room a more luxurious feel. Master bath has double sinks, walk-in shower and whirlpool tub for your
pleasure. Nice laundry room going out into your Double car garage that has a laundry tub for those times you just want to get clean
before you go in your home. Great location in Kingsland Country Estates/Whispering Pines subdivision. Great size backyard for
pets, entertaining, gardening, future pool or just time to enjoy your outdoor space while setting in your Lanai watching the wild life.
Home has a Sprinkler system. This home surely will be able to accommodate everyone in your family on this very large lot (.62
acres)

Last Listed By

Richard Gailey

GAILEY ENTERPRISES REAL ESTATE Brokerage Phone: 770-733-2596 License #3397595 Listed on: 02/16/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,162

Year Built

  • Built in 2008

Lot Details

  • 0.62 Acre Lot
  • Southwest Facing Home
  • Property is zoned R1

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,052 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Septic Tank
  • Cable TV Available

Community Details

  • Kinglsland Estates Association, Phone Number (352) 854-8666
  • Kingsland Country Estate Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,162

Year Built

Built in 2008

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2052
  • Lot Size Acres: 0.62
  • New Construction: No
  • Year Built: 2008
  • Building Area Total: 2932
  • Lot Size Sq Ft: 27007
  • Directions to Property: SW 49TH RD TO RIGHT ONTO SW 109TH LOOP HOME ON RIGHT
  • Status: Sold
  • Street Direction: SW
  • Co List Office Mls Id: MFR270531437
  • Co List Office Phone: 770-733-2596
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 212656239
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 170.08
  • Total Acreage: 1/2 to less than 1
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 770-733-2596
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, Living Room/Dining Room Combo, Open Floorplan, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 5040
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 190.64
  • Room Count: 4

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2017-04-19
  • Flood Zone Panel: 12083C0712E

Garage/Parking

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

Utilities

  • Utilities: Cable Connected, Electricity Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Association Name: KINGLSLAND ESTATES
  • Phone: 352-854-8666
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 50.00
  • Total Monthly Fees: 4.17
  • Monthly HOA Amount: 4.17

Lot Info

  • Zoning: R1
  • Parcel Number: 3506-004-014
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 2509

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 5162
  • Tax Block: 4
  • Tax Book Number: N-086KINGSLA
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 16, 2024
Closed on
Mar 8, 2024
Sold by
Goddard Dennis Russell
Bought by
Goddard Dennis Russell and Raper Stephanie
Seller's Agent
Richard Gailey
GAILEY ENTERPRISES REAL ESTATE
Buyer's Agent
Richard Gailey
GAILEY ENTERPRISES REAL ESTATE
List Price
$359,000
Sold Price
$349,000
Premium/Discount to List
-$10,000
-2.79%
Total Days on Market
8
Views
19
Current Estimated Value
$354,200

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,200
Avg. Annual Appreciation
-0.19%
Original Mortgage
$273,000
Interest Rate
5.94%
Mortgage Type
Seller Take Back

Purchase Details

Listed on
Feb 16, 2024
Closed on
Mar 7, 2024
Sold by
Stewart David and Stewart Susan M
Bought by
Goddard Dennis Russell
Seller's Agent
Richard Gailey
GAILEY ENTERPRISES REAL ESTATE
Buyer's Agent
Richard Gailey
GAILEY ENTERPRISES REAL ESTATE
List Price
$359,000
Sold Price
$349,000
Premium/Discount to List
-$10,000
-2.79%
Views
19

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
5.94%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Nov 2, 2022
Sold by
Stewart Terry J
Bought by
Stewart David L and Stewart Susan M

Purchase Details

Closed on
May 16, 2019
Sold by
Stewart Terry J and Stewart Patricia
Bought by
Stewart David Lee and Stewart Terry J

Purchase Details

Closed on
Dec 20, 2002
Sold by
Silver Springs Investment Property Inc
Bought by
Stewart Terry J and Stewart Patricia

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
Goddard Dennis Russell -- Guaranty Title
Goddard Dennis Russell $349,000 Guaranty Title
Stewart David L $100 --
Stewart David Lee -- Attorney
Stewart Terry J $30,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goddard Dennis Russell $273,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $349,000 -2.8% $170 / Sq Ft
02/25/2024 02/25/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $359,000 -- $175 / 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 $5,162 $299,090 $45,949 $253,141
2022 $1,980 $131,251 $0 $0
2021 $1,952 $127,428 $0 $0
2020 $1,944 $125,669 $0 $0
2019 $1,799 $122,844 $0 $0
2018 $1,714 $120,553 $0 $0
2017 $1,684 $118,073 $0 $0
2016 $1,647 $115,644 $0 $0
2015 $1,653 $114,840 $0 $0
2014 $1,561 $113,929 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6178988

Stellar MLS

APN: 3506-004-014