5562 SW 40th St Ocala, FL 34474
Southwest Ocala NeighborhoodEstimated Value: $329,000 - $370,000
3
Beds
2
Baths
1,970
Sq Ft
$177/Sq Ft
Est. Value
Highlights
- Fitness Center
- Screened Pool
- Engineered Wood Flooring
- West Port High School Rated A-
- Open Floorplan
- Outdoor Kitchen
About This Home
As of March 2022MOVE IN READY POOL HOME! Stunning views of the salt water, solar heated pool greet you as you enter this home. Enjoy a swim or relax on the covered porch complete with an oversized granite bar and grilling area. The interior of this home offers an open floorplan with a large family room and dining area open to the kitchen with island, breakfast bar, and eat in area perfect for entertaining. Spacious master with beautiful master bath with double vanities, custom walk in shower, and huge walk in closet. The bonus room off the master would make a great office, nursery or game room and has endless possibilities. Two guest bedrooms with brand new carpet, guest bath with granite counters, and updated laundry room with built in cabinetry and granite folding station round out the interior. Located in the sought after neighborhood of Fore Ranch, amenities include community pool, clubhouse, fitness center, game room, tennis courts, and walking/jogging paths. Conveniently located to shops, restaurants, medical, and I-75.
Last Agent to Sell the Property
NEXT GENERATION REALTY OF MARION COUNTY LLC License #3214220 Listed on: 02/21/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,750
Year Built
- Built in 2007
Lot Details
- 7,405 Sq Ft Lot
- Lot Dimensions are 60x120
- North Facing Home
- Vinyl Fence
- Property is zoned PUD
HOA Fees
- $105 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Slab Foundation
- Shingle Roof
- Concrete Siding
- Stucco
Interior Spaces
- 1,970 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Ceiling Fan
- Window Treatments
- Sliding Doors
- Family Room Off Kitchen
- Bonus Room
- Inside Utility
- Laundry Room
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Wine Refrigerator
- Stone Countertops
Flooring
- Engineered Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Split Bedroom Floorplan
- Walk-In Closet
- 2 Full Bathrooms
Pool
- Screened Pool
- Heated In Ground Pool
- Gunite Pool
- Saltwater Pool
- Fence Around Pool
- Chlorine Free
Outdoor Features
- Outdoor Kitchen
- Outdoor Grill
Schools
- Saddlewood Elementary School
- Liberty Middle School
- West Port High School
Utilities
- Central Heating and Cooling System
- Heat Pump System
- High Speed Internet
- Cable TV Available
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Legal Lot and Block 132 / 132
- Assessor Parcel Number 2386-002-132
Community Details
Overview
- Association fees include community pool, pool maintenance, recreational facilities
- Leland Management Monica Berrios Association, Phone Number (352) 237-3446
- Saddle Creek Ph 02 Subdivision
- Rental Restrictions
Recreation
- Tennis Courts
- Community Playground
- Fitness Center
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 21, 2022
Closed on
Mar 14, 2022
Sold by
Torres Michael A and Torres Amanda R
Bought by
Cortes Juan Manuel
Seller's Agent
Kelly Robinson
NEXT GENERATION REALTY OF MARION COUNTY LLC
Buyer's Agent
Tracy McEachern
MAGNOLIA HOMES AND LAND LLC
List Price
$349,500
Sold Price
$368,000
Premium/Discount to List
$18,500
5.29%
Total Days on Market
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,658
Avg. Annual Appreciation
-2.05%
Original Mortgage
$337,560
Outstanding Balance
$317,970
Interest Rate
3.85%
Mortgage Type
Balloon
Estimated Equity
$26,265
Purchase Details
Closed on
Nov 1, 2007
Sold by
Pulte Home Corp
Bought by
Torres Michael A and Torres Amanda R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,608
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Ocala, FL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Cortes Juan Manuel | $368,000 | Marion Lake Sumter Title | |
| Torres Michael A | $194,400 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Cortes Juan Manuel | $337,560 | |
| Previous Owner | Torres Amanda R | $178,100 | |
| Previous Owner | Torres Michael A | $184,608 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2022 03/18/22 | Sold | $368,000 | +5.3% | $187 / Sq Ft |
| 02/24/2022 02/24/22 | Pending | -- | -- | -- |
| 02/21/2022 02/21/22 | For Sale | $349,500 | -- | $177 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $4,719 | $288,932 | $32,000 | $256,932 |
| 2022 | $4,211 | $211,936 | $0 | $0 |
| 2021 | $3,750 | $198,540 | $22,000 | $176,540 |
| 2020 | $3,209 | $175,154 | $21,250 | $153,904 |
| 2019 | $3,216 | $173,801 | $21,250 | $152,551 |
| 2018 | $3,023 | $165,973 | $18,000 | $147,973 |
| 2017 | $1,719 | $132,671 | $0 | $0 |
| 2016 | $1,696 | $129,942 | $0 | $0 |
| 2015 | $1,709 | $129,039 | $0 | $0 |
| 2014 | $1,360 | $116,427 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kelly Robinson
Seller's Agent in 2022
Kelly Robinson
NEXT GENERATION REALTY OF MARION COUNTY LLC
(352) 274-5052
5 in this area
100 Total Sales
-
Tracy McEachern
Buyer's Agent in 2022
Tracy McEachern
MAGNOLIA HOMES AND LAND LLC
(352) 345-5849
3 in this area
129 Total Sales
Map
Source: Stellar MLS
MLS Number: OM633903
APN: 2386-002-132
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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