NOT LISTED FOR SALE

5060 SE 40th St Ocala, FL 34480

Silver Spring Shores Neighborhood

Estimated Value: $457,000 - $597,000

4 Beds
3 Baths
2,631 Sq Ft
$199/Sq Ft Est. Value

Sale Details

Date Sold: March 20, 2024

Last sale price $450,000 $171 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,522 / mo

155 Days on Market

Highlights

  • Screened Pool
  • Gated Community
  • Cathedral Ceiling
  • Forest High School Rated A-
  • 0.56 Acre Lot
  • Main Floor Primary Bedroom

About This Home

As of March 2024

Motivated Sellers! Located in the quaint and very desirable gated community of Summerton South, this SALTWATER HEATED POOL HOME is just what you've been lookin for. This home sits on over a half acre corner lot and is spacious with over 2,600 sq. ft. of living. Open/triple split bedroom floor plan includes 4 bedrooms, 3 baths, and a 2 car side entry garage. Inside laundry room. Cathedral/volume ceilings throughout the home. Formal living room and dining area. Large kitchen with beautiful cherry wood cabinets, stainless steel appliances, granite tile counter-tops, breakfast bar and breakfast nook that looks out to the POOL and patio.. Spacious family room is located right off of the kitchen with sliding glass doors that lead to the large screened lanai and SOLAR HEATED POOL with water jet Fountains. Enclosed Lanai with Pool access. Security Cameras. Guest suite with office and full Cabana bath.

Last Agent to Sell the Property

Edward Rogers

OCALA REALTY WORLD LLC Brokerage Phone: 352-789-6746 License #3059965 Listed on: 09/20/2023

Last Buyer's Agent

Brittany Cheek

COLDWELL BANKER REALTY License #3277005

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,187

Year Built

  • Built in 2005

Lot Details

  • 24,394 Sq Ft Lot
  • Cul-De-Sac
  • Street terminates at a dead end
  • North Facing Home
  • Corner Lot
  • Oversized Lot
  • Level Lot
  • Irrigation
  • Cleared Lot
  • Landscaped with Trees

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Side Facing Garage
  • Garage Door Opener
  • Driveway

Home Design

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

Interior Spaces

  • 2,631 Sq Ft Home
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Family Room Off Kitchen
  • Formal Dining Room
  • Den
  • Inside Utility
  • Attic Fan
  • Fire and Smoke Detector

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Solar Heated In Ground Pool
  • Fiberglass Pool
  • Saltwater Pool
  • Fence Around Pool
  • Child Gate Fence

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

  • Maplewood Elementary School
  • Osceola Middle School
  • Forest High School

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Thermostat
  • Underground Utilities
  • Septic Tank
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Bosshardt Association, Phone Number (352) 671-8203
  • Summerton South Subdivision
  • The community has rules related to deed restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,187

Year Built

Built in 2005

Lot Details

0.56 Acres

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 2631
  • Lot Size Acres: 0.56
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 3588
  • Lot Size Sq Ft: 24394
  • Status: Sold
  • Street Direction: SE
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 333.34
  • Escrow City: Ocala, FL 34470
  • Escrow State: FL
  • Escrow Street Name: E Silver Springs Blvd
  • RATIO Current Price By Calculate: 171.04
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Attribution Contact: 352-789-6746
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Attic Fan, Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, Kitchen/Family Room Combo, Primary Bedroom Main Floor, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: No
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office,Family Room,Formal Dining Room Separate,Inside Utility
  • Living Area Meters: 244.43

Exterior Features

  • Direction Faces: North
  • Pool Features: Child Safety Fence, Fiberglass, Heated, In Ground, Salt Water, Screen Enclosure, Solar Heat
  • Exterior Features: Irrigation System, Lighting
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Patio, Screened
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Ground Level

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community - No Guard, Sidewalks
  • Association Fee: 600
  • Association Fee Frequency: Annually
  • Association Name: BOSSHARDT
  • Phone: 3526718203
  • Association: Yes
  • Security: Gated Community, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 600.00
  • Total Monthly Fees: 50.00
  • Monthly HOA Amount: 50.00

Schools

  • Elementary School: Maplewood Elementary School-M
  • High School: Forest High School
  • Middle Or Junior School: Osceola Middle School

Lot Info

  • Zoning: R-1
  • Parcel Number: 3139-001-020
  • Additional Parcels: No
  • Lot Features: Cleared, Corner Lot, Cul-De-Sac, Landscaped, Level, Oversized Lot, Sidewalk, Street Dead-End
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Cats OK, Dogs OK

Tax Info

  • Tax Annual Amount: 4187
  • Tax Block: A
  • Tax Book Number: 048
  • Tax Lot: 20

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
Sep 20, 2023
Closed on
Mar 20, 2024
Sold by
Bought by
Seller's Agent
Edward Rogers
OCALA REALTY WORLD LLC
Buyer's Agent
Brittany Cheek
COLDWELL BANKER REALTY
List Price
$549,900
Sold Price
$450,000
Premium/Discount to List
-$99,900
-18.17%
Views
271
Current Estimated Value
$524,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,695
Avg. Annual Appreciation
6.81%
Original Mortgage
$350,000
Interest Rate
0.0664%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 3, 2017
Closed on
Jun 22, 2017
Sold by
Bought by
Seller's Agent
Clay Lehman
RESOLUTE REAL ESTATE LLC
Buyer's Agent
Edward Rogers
OCALA REALTY WORLD LLC
List Price
$304,000
Sold Price
$249,900
Premium/Discount to List
-$54,100
-17.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.10%

Purchase Details

Closed on
Sep 13, 2016
Sold by
Bought by

Purchase Details

Closed on
May 19, 2010
Sold by
Bought by

Purchase Details

Closed on
Jan 24, 2006
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
$300,000
Interest Rate
0.055%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2005
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
$285,850
Interest Rate
0.0625%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 2004
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
$57,554
Interest Rate
0.0567%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
$450,000 First American Title
$249,900 Reo Title Co Of Florida Llc
$300,000 None Available
-- Attorney
$375,000 Advanced Title & Settlement
$28,500 Advanced Title & Settlement
$62,900 Affiliated Title
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 $350,000
Previous Owner $300,000
Previous Owner $300,000
Previous Owner $285,850
Previous Owner $57,554
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
03/20/2024 03/20/24 Sold $450,000 -9.8% $171 / Sq Ft
01/18/2024 01/18/24 Price Changed $499,000 -4.8% $190 / Sq Ft
01/11/2024 01/11/24 Price Changed $524,300 0.0% $199 / Sq Ft
12/07/2023 12/07/23 Price Changed $524,500 0.0% $199 / Sq Ft
11/10/2023 11/10/23 Price Changed $524,700 0.0% $199 / Sq Ft
11/08/2023 11/08/23 Price Changed $524,800 -1.9% $199 / Sq Ft
11/02/2023 11/02/23 Price Changed $534,800 -1.8% $203 / Sq Ft
10/19/2023 10/19/23 Price Changed $544,800 -0.9% $207 / Sq Ft
10/16/2023 10/16/23 Price Changed $549,800 +0.1% $209 / Sq Ft
10/14/2023 10/14/23 Price Changed $549,500 -0.1% $209 / Sq Ft
10/03/2023 10/03/23 Price Changed $549,800 0.0% $209 / Sq Ft
09/20/2023 09/20/23 For Sale $549,900 +120.0% $209 / Sq Ft
06/22/2017 06/22/17 Sold $249,900 -17.8% $95 / Sq Ft View Prior Sale
05/31/2017 05/31/17 Pending -- -- --
01/03/2017 01/03/17 For Sale $304,000 -- $116 / 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 $7,455 $452,214 $40,000 $412,214
2024 $4,412 $302,956
2023 $4,412 $294,132
2022 $4,187 $285,565 $0 $0
2021 $4,191 $277,248 $0 $0
2020 $4,159 $273,420 $0 $0
2019 $4,100 $267,273 $0 $0
2018 $3,708 $251,486 $40,000 $211,486
2017 $4,608 $268,237 $40,000 $228,237
2016 $4,487 $258,354 $0 $0
2015 $4,409 $249,511 $0 $0
2014 $4,062 $241,105 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Edward Rogers

    Seller's Agent in 2024

    Edward Rogers

    OCALA REALTY WORLD LLC

    (352) 414-5876

    2 in this area

    14 Total Sales

    Edward Rogers
    Section Image
  • Brittany Cheek

    Buyer's Agent in 2024

    Brittany Cheek

    COLDWELL BANKER REALTY

    (727) 314-2014

    1 in this area

    84 Total Sales

    Brittany Cheek
    Section Image
  • Clay Lehman

    Seller's Agent in 2017

    Clay Lehman

    RESOLUTE REAL ESTATE LLC

    (352) 812-2807

    10 in this area

    44 Total Sales

    Clay Lehman
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM664464

Stellar MLS

APN: 3139-001-020

Florida Marion County Ocala 34480 Silver Spring Shores

5060 SE 40th St, Ocala, FL

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 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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