NOT LISTED FOR SALE

5521 NW 40th Loop Ocala, FL 34482

Fellowship Neighborhood

Estimated Value: $317,000 - $422,000

2 Beds
2 Baths
1,614 Sq Ft
$217/Sq Ft Est. Value

Last Sold August 30, 2022

Last sale price $335,725 $208 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $2,460/month

13 Days on Market

Highlights

  • Boat Dock
  • Fitness Center
  • Fishing
  • Golf Course Community
  • Under Construction
  • Senior Community

About This Home

As of August 2022

Ocala's Finest Resort-Style Living! Welcome to Ocala Preserve! Enjoy a private oasis with access to Walking/Hiking/Bike Trails, Tennis and Pickleball Courts, Resort Style Pool, On-Site Restaurant, Athletic Center, The Golf Club, Clubhouse, Day Spa and Dog Park. Relax on a kayak and watch the sunrise over our beautiful lake. Unwind at the end of your day with a glass of wine on the expansive Veranda, or enjoy a Chef inspired meal at Salt and Brick restaurant. This all concrete block constructed open-concept home offers a great room that leads out to a covered lanai and provides a highly functioning kitchen with a large granite island. At the front of the home, you will find two bedrooms with a full bathroom and a laundry room. Bedroom 1 includes an ensuite bath that boasts an oversized shower and is located at the back of the home for maximum privacy. This home includes a stainless-steel electric range, microwave, and built-in dishwasher. Pictures, photographs, colors, features, and sizes are for illustration purposes only and will vary from the homes as built. Home and community information including pricing, included features, terms, availability and amenities are subject to change and prior sale at any time without notice or obligation. CBC057592.

Last Agent to Sell the Property

Anne Peterson Eger

DR HORTON REALTY OF WEST CENTRAL FLORIDA License #3151283 Listed on: 05/12/2022

DR HORTON REALTY OF WEST CENTRAL FLORIDA

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,087

Year Built

  • Built in 2022 | Under Construction

Lot Details

  • 5,554 Sq Ft Lot
  • Southwest Facing Home
  • Property is zoned R1

HOA Fees

  • $437 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,614 Sq Ft Home
  • Open Floorplan

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Fessenden Elementary School
  • Howard Middle School
  • West Port High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include community pool, ground maintenance, manager, pool maintenance, private road, recreational facilities
  • Access Management Association, Phone Number (813) 607-2220
  • Built by D.R. Horton, INC
  • Ocala Preserve Subdivision, Jennings Floorplan
  • On-Site Maintenance
  • The community has rules related to fencing, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Boat Dock
  • Community Boat Slip
  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa
  • Fishing
  • Park
  • Trails

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,087

Year Built

Built in 2022 | Under Construction

Lot Details

0

HOA Fees

$437 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Grounds, Manager, Pool Maintenance, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1614
  • Lot Size Acres: 0.13
  • New Construction: Yes
  • Year Built: 2022
  • Lot Size Sq Ft: 5554
  • Directions to Property: From I-75, take exit 354 towards US-27 and head NW on Old Blitchton Road. Turn right on NW 55th Ave and continue northbound through the first traffic circle. At the 2nd traffic circle, take the second exit onto NW 41st Loop. Models will be ahead on your left.
  • Status: Sold
  • Street Direction: NW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3372668?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3372668?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Call Center Phone Number: 844-348-7697
  • Projected Completion Date: 2022-09-30T04:00:00.000Z
  • Ratio: Close Price\List Price: 1.00219
  • Price per Sq Ft: 208.01
  • Close to Original List Price Ratio: 0.98656
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2022
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Open Floorplan
  • Appliances Included: Dishwasher, Microwave, Range
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 5521
  • Room Count: 4
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Other
  • 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
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: One or more photo(s) has been virtually staged. Under Construction.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Fitness, Gated Community, Golf Carts OK, Golf, Park, Pool, Sidewalk, Tennis Courts
  • Association Amenities: Boat Slip, Clubhouse, Boat Dock, Fence Restrictions, Fitness Center, Gated, Golf Course, Maintenance, Park, Pickleball Court(s), Pool, Recreation Facilities, Spa/Hot Tub, Tennis Court(s), Trail(s)
  • Association Fee: 437.4
  • Association Fee Frequency: Monthly
  • Association Name: Access Management
  • Phone: 813-607-2220
  • Association: Yes
  • Senior Community: Yes
  • Amenities Additional Fees: HOA Fee also Includes: Irrigation water and maintenance, Lawn Maintenance, up to 200mbps of Internet
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5248.8
  • Monthly HOA Fee: 437.4
  • Total Monthly Fees: 437.4

Schools

  • Elementary School: Fessenden Elementary School
  • High School: West Port High School
  • Middle Or Junior School: Howard Middle School

Lot Info

  • Zoning: R1
  • Parcel Number: 1369-0205-00
  • Additional Parcels: No
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: D.R. Horton, INC

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Approval Process: Per HOA Guidelines
  • Pet Restrictions: Per HOA Guidelines
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Per HOA Guidelines

Tax Info

  • Tax Block: -
  • Tax Book Number: 13/061
  • Tax Lot: 205

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2024
Sold by
Pelissier George Albert and Pelissier Elizabeth Rose
Bought by
Pelissier George Albert and Pelissier Elizabeth Rose
Current Estimated Value
$349,923

Purchase Details

Listed on
May 12, 2022
Closed on
Aug 30, 2022
Sold by
Dr Horton Inc
Bought by
Pelissier George Albert and Pelissier Elizabeth Rose
Seller's Agent
Anne Peterson Eger
DR HORTON REALTY OF WEST CENTRAL FLORIDA
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$340,300
Sold Price
$335,725
Premium/Discount to List
-$4,575
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.70%
Original Mortgage
$143,925
Interest Rate
5.54%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Pelissier George Albert $100 None Listed On Document
Pelissier George Albert $335,725 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pelissier George Albert $143,925
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2022 08/30/22 Sold $335,725 +0.2% $208 / Sq Ft
05/26/2022 05/26/22 Pending -- -- --
05/25/2022 05/25/22 Price Changed $334,990 -1.5% $208 / Sq Ft
05/18/2022 05/18/22 Price Changed $339,990 -1.0% $211 / Sq Ft
05/16/2022 05/16/22 Price Changed $343,300 +0.9% $213 / Sq Ft
05/12/2022 05/12/22 For Sale $340,300 -- $211 / 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 $1,087 $158,548 $0 $0
2022 $1,087 $55,000 $55,000 $0
2021 $918 $55,000 $55,000 $0
2020 $872 $55,000 $55,000 $0
2019 $767 $45,000 $45,000 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2022

    Anne Peterson Eger

    DR HORTON REALTY OF WEST CENTRAL FLORIDA

    (352) 558-6840

    324 in this area

    3,864 Total Sales

    Anne Peterson Eger
    Section Image
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Map

Source: Stellar MLS

MLS Number: T3372668

Stellar MLS

APN: 1369-0205-00

Florida Marion County Ocala 34482 Fellowship

5521 NW 40th Loop, Ocala, FL

This home is located at 5521 NW 40th Loop, Ocala, FL 34482 since 12 May 2022 and is currently estimated at $349,923, approximately $216 per square foot. This property was built in 2022. 5521 NW 40th Loop is a home located in Marion County with nearby schools including Fessenden Elementary School, Howard 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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