NOT LISTED FOR SALE

5050 SW 140th Ave Ocala, FL 34481

Rainbow Park Area

Estimated Value: $515,000 - $860,286

3 Beds
2 Baths
2,424 Sq Ft
$272/Sq Ft Est. Value

Sale Details

Date Sold: January 7, 2022

Last sale price $730,000 $301 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $4,160 / mo

140 Days on Market

Highlights

  • Paddocks: 1
  • 10 Acre Lot
  • Traditional Architecture
  • Screened Pool
  • Open Floorplan
  • Wood Flooring

About This Home

As of January 2022

Resting peacefully between both Ocala and Dunnellon, this 10-acre farm is just a short drive to both HITS and the World Equestrian Center. Perimeter fenced with an electric gate, the land is fully cleared with gentle roll that would work well for horses. At the heart of the property is the stunning 3-bedroom, 2-bathroom custom built residence. Interiors showcase an open, split bedroom floor plan, tasteful paint colors, and gorgeous tray ceiling detail throughout. The floor plan is also highly unique, with the majority of the rooms not being your typical four-walled rectangular shape. One of the most notable features of the home are the stunning views of the surrounding countryside, which are available from every window of the home. With ample cabinet space, granite counters, stainless steel appliances, breakfast bar, and additional pantry, the kitchen is the perfect place for those who enjoy cooking. The master suite is a relaxing retreat with plenty of floor space, large windows, a set of french doors out to the patio, and huge walk-in closets. The master also includes an en-suite with garden tub, walk-in shower, and double-vanities. The screen-enclosed back patio is perfectly suited for entertaining or relaxation with an expansive pool deck with plenty of space for seating, covered area to stay cool, and a sparkling pool. The property also provides an RV pad with 30amp service and the potential to hook-up to a septic, and two storage sheds– one of which is open and could serve as a secondary garage space if needed, or could easily convert into a horse barn if desired. If you're looking for the perfect blend of elegance and privacy, this property is an absolutely must-see.

Last Agent to Sell the Property

Valerie Dailey

SHOWCASE PROPERTIES OF CENTRAL License #3143790 Listed on: 06/28/2021

Last Buyer's Agent

Jeff Wood

PEGASUS REALTY & ASSOC INC License #3020345

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,628

Year Built

  • Built in 2005

Lot Details

  • 10 Acre Lot
  • Lot Dimensions are 330x1320
  • East Facing Home
  • Wood Fence
  • Wire Fence
  • Mature Landscaping
  • Gentle Sloping Lot
  • Irrigation
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned A1

Parking

  • 2 Car Attached Garage
  • Split Garage
  • Workshop in Garage
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,424 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • ENERGY STAR Qualified Windows
  • Blinds
  • Family Room
  • L-Shaped Dining Room
  • Den
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector
  • In Wall Pest System

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Pool Deck
  • Pool Lighting

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Shed
  • Rain Gutters
  • Awning

Schools

  • Dunnellon Elementary School
  • Dunnellon Middle School
  • Dunnellon High School

Farming

  • Pasture

Horse Facilities and Amenities

  • Zoned For Horses
  • Paddocks: 1

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Well
  • Tankless Water Heater
  • Water Softener
  • Septic Tank

Community Details

  • No Home Owners Association
  • Country Hill Farms Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,628

Year Built

Built in 2005

Lot Details

10 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2424
  • Lot Size Acres: 10
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 4651
  • Lot Size Sq Ft: 435600
  • Status: Sold
  • Street Direction: SW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM622757?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM622757?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 10 to less than 20
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97333
  • Price per Sq Ft: 301.16
  • Close to Original List Price Ratio: 0.94194
  • Ratio: Current Price\Building Area Total: 156.96
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), In Wall Pest System, L Dining, Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Tankless Water Heater, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds, ENERGY STAR Qualified Windows
  • Room Count: 3
  • Additional Rooms: Den/Library/Office, Family Room, Inside Utility

Exterior Features

  • Direction Faces: East
  • Other Structures: Shed(s)
  • Pool Features: Deck, Gunite, In Ground, Lighting, Screen Enclosure
  • Exterior Features: Awning(s), Fenced, Hurricane Shutters, Irrigation System, Lighting, Rain Gutters
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Patio, Rear Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0488D

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Split Garage, Workshop in Garage
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Underground Utilities
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Security: Security Gate, Smoke Detector(s)
  • Senior Community: No

Schools

  • Elementary School: Dunnellon Elementary School
  • High School: Dunnellon High School
  • Middle Or Junior School: Dunnellon Middle School

Lot Info

  • Zoning: A1
  • Parcel Number: 2090-025-001
  • Additional Parcels: No
  • Current Use: Cattle, Poultry, Horses
  • Fencing: Wire, Wood
  • Lot Features: Cleared, Gentle Sloping, In County, Pasture, Zoned for Horses
  • Lot Dimensions: 330x1320
  • Flood Zone Code: X, AE
  • Flood Zone Date: 2008-08-28
  • Number Of Paddocks Pastures: 1

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 3628.13
  • Tax Block: 00
  • Tax Book Number: 6528/0808
  • Tax Lot: 1

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2021
Closed on
Jan 7, 2022
Sold by
Bought by
Seller's Agent
Valerie Dailey
SHOWCASE PROPERTIES OF CENTRAL
Buyer's Agent
Jeff Wood
PEGASUS REALTY & ASSOC INC
List Price
$750,000
Sold Price
$730,000
Premium/Discount to List
-$20,000
-2.67%
Current Estimated Value
$659,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$70,928
Avg. Annual Appreciation
-2.22%
Original Mortgage
$511,000
Interest Rate
0.0305%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2017
Sold by
Bought by

Purchase Details

Listed on
Oct 18, 2011
Closed on
Jun 25, 2013
Sold by
Bought by
Seller's Agent
Debbie Browder
BROWDER CORP. DBA BROWDER REAL
Buyer's Agent
Cathy Robinson
COLDWELL BANKER ELLISON REALTY O
List Price
$399,000
Sold Price
$275,000
Premium/Discount to List
-$124,000
-31.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$210,000
Interest Rate
0.0353%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
0.109%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$730,000 Klein & Klein Llc
-- None Available
$275,000 1St Quality Title Llc
$67,500 Affiliated Title Of Marion C
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $511,000
Previous Owner $210,000
Previous Owner $156,000
Previous Owner $284,000
Previous Owner $60,000
Previous Owner $53,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/07/2022 01/07/22 Sold $730,000 -2.7% $301 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/05/2021 11/05/21 For Sale $750,000 0.0% $309 / Sq Ft
08/20/2021 08/20/21 Pending -- -- --
07/23/2021 07/23/21 Price Changed $750,000 -3.2% $309 / Sq Ft
06/28/2021 06/28/21 For Sale $775,000 +181.8% $320 / Sq Ft
05/10/2020 05/10/20 Off Market $275,000 -- --
06/25/2013 06/25/13 Sold $275,000 -31.1% $112 / Sq Ft View Prior Sale
01/17/2013 01/17/13 Pending -- -- --
10/18/2011 10/18/11 For Sale $399,000 -- $163 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,829 $448,922
2024 $6,548 $434,686
2023 $6,320 $419,066 $0 $0
2022 $3,809 $260,850 $0 $0
2021 $3,811 $253,381 $0 $0
2020 $3,779 $249,592 $0 $0
2019 $3,726 $244,017 $0 $0
2018 $3,528 $239,476 $0 $0
2017 $3,513 $237,600 $0 $237,600
2016 $3,469 $232,746 $0 $0
2015 $3,496 $231,159 $0 $0
2014 $3,291 $229,389 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM622757

Stellar MLS

APN: 2090-025-001

Your Personal Tour Guide

Ask me questions while you tour the home.