NOT LISTED FOR SALE

5596 NW 40th Place Ocala, FL 34482

Fellowship Neighborhood

Estimated Value: $334,188 - $387,000

2 Beds
2 Baths
1,681 Sq Ft
$210/Sq Ft Est. Value

Last Sold May 26, 2022

Last sale price $390,000 $232 Per Sq Ft

Est. 8% decrease in value since last sale

Current estimated payment $2,673/month

12 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • Gated Community
  • Fitness Center
  • Senior Community
  • Open Floorplan

About This Home

As of May 2022

Don't miss this barely lived in 2/2/2 plus den home located in the desirable gated community of Ocala Preserve. This lovely home can be sold furnished making it perfect for snowbirds or horse people. Ocala Preserve is only minutes from the World Equestrian Center and the HITS show grounds. The stunning home is light and bright with an open inviting floor plan. Two spacious bedrooms are separated providing privacy for each bedroom. The chef's kitchen is well designed and has stone counters, lots of cabinets, stainless steel appliances, and a cozy breakfast nook. The great room and dining area combination make a great space for entertaining. There is a covered Lanai overlooking the fully fenced back yard. The community provides wonderful amenities including a golf course, a beautiful club house with the outstanding Salted Brick restaurant, a fitness center, tennis courts, 2 pools, and more. Ocala Preserve is located near horse country in beautiful NW Marion County, and close to a variety of shopping and restaurants. The property is available for a quick closing.

Last Agent to Sell the Property

Donna Eastman

RE/MAX FOXFIRE - HWY 40 License #0460254 Listed on: 04/14/2022

RE/MAX FOXFIRE - HWY 40

Last Buyer's Agent

Olivia Perez

COMPASS FLORIDA LLC License #3421579

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,329

Year Built

  • Built in 2020

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 45x115
  • North Facing Home
  • Fenced
  • Cleared Lot
  • Property is zoned PUD

HOA Fees

  • $437 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Cement Siding

Interior Spaces

  • 1,681 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Blinds
  • Inside Utility
  • Home Security System

Kitchen

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

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Front Porch

Location

  • Property is near a golf course

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Heat Pump System
  • Underground Utilities
  • Natural Gas Connected
  • Water Softener
  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Senior Community
  • Association fees include community pool, internet, ground maintenance, pool maintenance
  • Alex Gormely Association
  • Ocala Preserve Ph 5 Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,329

Year Built

Built in 2020

Lot Details

0

HOA Fees

$437 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Internet, Maintenance Grounds, Pool Maintenance
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Cement Siding
  • Fireplace: No
  • Living Area: 1681
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 2020
  • Building Area Total: 1681
  • Lot Size Sq Ft: 5227
  • Directions to Property: Hwy 27 NW to Ocala Preserve entrance NW 55th Ave. Left on NW 40th Loop Left on next 40th Loop Right on NW 40th Pl to sign.
  • Status: Sold
  • Street Direction: NW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM637505?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM637505?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98734
  • Price per Sq Ft: 232
  • Close to Original List Price Ratio: 0.98734
  • Ratio: Current Price\Building Area Total: 232
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Eating Space In Kitchen, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 5596
  • Room Count: 3
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: North
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Patio
  • Road Surface Type: Paved, Asphalt
  • 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
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Fiber Optics, Natural Gas Connected, Phone Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Heat Pump, Natural Gas
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fishing, Fitness, Gated Community, Golf Carts OK, Golf, Pool, Tennis Courts
  • Association Fee: 1312.2
  • Association Fee Frequency: Quarterly
  • Association Name: ALEX GORMELY
  • Association: Yes
  • Security: Security System
  • Senior Community: Yes
  • Association Email: agormley@accessdifference.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

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

Lot Info

  • Zoning: PUD
  • Parcel Number: 1369-0238-00
  • Additional Parcels: No
  • Fencing: Other
  • Lot Features: Cleared, Near Golf Course
  • Lot Dimensions: 45x115
  • Flood Zone Code: X

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3329.03
  • Tax Block: 0
  • Tax Book Number: 13-061
  • Tax Lot: 238

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2022
Closed on
May 23, 2022
Sold by
Corvari Linda A
Bought by
Miller Shawn and Miller Chelsey
Seller's Agent
Donna Eastman
RE/MAX FOXFIRE - HWY 40
Buyer's Agent
Olivia Perez
COMPASS FLORIDA LLC
List Price
$395,000
Sold Price
$390,000
Premium/Discount to List
-$5,000
-1.27%
Current Estimated Value
$359,483

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$30,517
Avg. Annual Appreciation
-2.08%

Purchase Details

Closed on
May 12, 2021
Sold by
Sh Aa Development Llc
Bought by
Linda A Linda A

Purchase Details

Closed on
Nov 5, 2020
Sold by
Ocala 623 Land Development Llc
Bought by
Corvari Linda A
Source: Public Records

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
Miller Shawn $390,000 Ocala Land Title Insurance Age
Linda A Linda A -- Fidelity Natl Ttl Of Fl Inc
Corvari Linda A $285,800 Fidelity Natl Ttl Of Fl Inc
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/26/2022 05/26/22 Sold $390,000 -1.3% $232 / Sq Ft
04/27/2022 04/27/22 Pending -- -- --
04/14/2022 04/14/22 For Sale $395,000 -- $235 / 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 $3,329 $287,534 $50,000 $237,534
2022 $3,329 $230,709 $0 $0
2021 $3,329 $223,989 $55,000 $168,989
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

  • Donna Eastman

    Seller's Agent in 2022

    Donna Eastman

    RE/MAX FOXFIRE - HWY 40

    (352) 843-1542

    8 in this area

    18 Total Sales

    Section Image
  • Olivia Perez

    Buyer's Agent in 2022

    Olivia Perez

    COMPASS FLORIDA LLC

    (352) 221-8066

    65 in this area

    158 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: OM637505

Stellar MLS

APN: 1369-0238-00

Florida Marion County Ocala 34482 Fellowship

5596 NW 40th Place, Ocala, FL

This home is located at 5596 NW 40th Place, Ocala, FL 34482 since 14 April 2022 and is currently estimated at $353,047, approximately $210 per square foot. This property was built in 2020. 5596 NW 40th Place 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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