5617 NW 40th Loop Ocala, FL 34482
Fellowship Neighborhood
3
Beds
2
Baths
1,840
Sq Ft
6,098
Sq Ft Lot
Highlights
- Senior Community
- Traditional Architecture
- High Ceiling
- Open Floorplan
- Park or Greenbelt View
- Great Room
About This Home
As of April 2025Within the vibrant gated community of the Ocala Preserve, located only minutes to WEC, this stunning residence is a wonderful slice of Central Florida living. Constructed in 2019, the 3-bedroom, 2-bath home offers nearly 2,000 sq.ft. of space. Interiors of the home showcases an open floor plan, high ceilings with some tray detailing, and plenty of light throughout. The eat-in kitchen is particularly charming, with a large island with breakfast bar, stainless steel appliances, modern light fixtures, plenty of storage space, and stone countertops. A dining area is directly adjacent to the kitchen and living area, and includes sliding glass doors out to the patio and large windows to offer views to the back of the property. The master bedroom is nicely spacious, with walk-in closet and an en-suite equipped with dual vanities, lots of counter space, and a glass-door shower. A covered patio at the back of the home includes a ceiling fan to keep the air moving on warmer days, and overlooks an undeveloped green area that ensures plenty of privacy! Ocala Preserve's HOA includes 24-hour guard, access to the community pool and recreational facilities, and common area maintenance. A convenient and quiet neighborhood, Ocala Preserves offers a variety of amenities to residents– HOA includes access to the community pool and recreational facilities, 24-hour guard, common area maintenance, and more! A picturesque neighborhood with plenty of appeal, the community also has a stunning golf course designed by Tom Lehman and Tripp Davis, and a superb restaurant called The Salted Brick, meaning you don't have to leave the community to enjoy a night out!
Last Agent to Sell the Property
SHOWCASE PROPERTIES OF CENTRAL License #3248465 Listed on: 07/19/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,200
Year Built
- Built in 2019
Lot Details
- 6,098 Sq Ft Lot
- Lot Dimensions are 50x120
- East Facing Home
- Mature Landscaping
- Irrigation
- Property is zoned PUD
HOA Fees
- $425 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Home Design
- Traditional Architecture
- Florida Architecture
- Split Level Home
- Slab Foundation
- Shingle Roof
- Cement Siding
- Block Exterior
Interior Spaces
- 1,840 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Tray Ceiling
- High Ceiling
- Ceiling Fan
- Window Treatments
- Sliding Doors
- Great Room
- Family Room Off Kitchen
- Combination Dining and Living Room
- Den
- Inside Utility
- Dryer
- Park or Greenbelt Views
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Stone Countertops
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Utilities
- Central Air
- Heat Pump System
- Underground Utilities
- Electric Water Heater
- Private Sewer
- Fiber Optics Available
- Cable TV Available
Community Details
- Senior Community
- Association fees include 24-hour guard, community pool, internet, ground maintenance, recreational facilities
- Alex Gormley Association
- Ocala Preserve Ph 5 Subdivision
- Rental Restrictions
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Tax Lot 181
- Assessor Parcel Number 1369-0181-00
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2025
Closed on
Apr 23, 2025
Sold by
Earl Bridget Swanson and Earl Michael Raymond
Bought by
Martin Maria Dolores
Seller's Agent
Stephanie Cathey
RE/MAX Signature
Buyer's Agent
Karen Nelson
Nonmember office
List Price
$425,000
Sold Price
$420,000
Premium/Discount to List
-$5,000
-1.18%
Views
7
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
$338
Avg. Annual Appreciation
-1.85%
Purchase Details
Listed on
Jul 19, 2021
Closed on
Aug 30, 2021
Sold by
Glover Kristin A and Glover Roger A
Bought by
Earl Bridget Swanson and Earl Michael Raymond
Seller's Agent
Claire Khuen
SHOWCASE PROPERTIES OF CENTRAL
Buyer's Agent
Amber Nardino
EXP REALTY LLC
List Price
$365,000
Sold Price
$355,000
Premium/Discount to List
-$10,000
-2.74%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%
Original Mortgage
$283,000
Interest Rate
2.7%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 12, 2019
Sold by
Ocala 623 Land Land Development Llc
Bought by
Glover Kristin A and Glover Roger A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,673
Interest Rate
3.87%
Mortgage Type
New Conventional
Similar Homes in Ocala, FL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $420,000 | Celebration Title Group | |
| Warranty Deed | $355,000 | Affiliated Ttl Of Ctrl Fl Lt | |
| Special Warranty Deed | $304,600 | Fidelity Natl Ttl Of Fl Inc |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $283,000 | New Conventional | |
| Previous Owner | $243,673 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/23/2025 04/23/25 | Sold | $420,000 | -1.2% | $228 / Sq Ft |
| 04/03/2025 04/03/25 | Pending | -- | -- | -- |
| 03/27/2025 03/27/25 | For Sale | $425,000 | +19.7% | $231 / Sq Ft |
| 09/03/2021 09/03/21 | Sold | $355,000 | -2.7% | $193 / Sq Ft |
| 08/07/2021 08/07/21 | Pending | -- | -- | -- |
| 07/16/2021 07/16/21 | For Sale | $365,000 | -- | $198 / 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 | $2,814 | $204,145 | $0 | $0 |
| 2022 | $2,814 | $198,199 | $0 | $0 |
| 2021 | $4,275 | $242,181 | $55,000 | $187,181 |
| 2020 | $4,200 | $235,776 | $55,000 | $180,776 |
| 2019 | $767 | $45,000 | $45,000 | $0 |
| 2018 | $0 | $0 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2025
Stephanie Cathey
RE/MAX Signature
(386) 316-0106
127 in this area
452 Total Sales
-
K
Buyer's Agent in 2025
Karen Nelson
Nonmember office
(386) 677-7131
82 in this area
9,472 Total Sales
-
Seller's Agent in 2021
Claire Khuen
SHOWCASE PROPERTIES OF CENTRAL
(352) 362-0293
78 in this area
133 Total Sales
-
Buyer's Agent in 2021
Amber Nardino
EXP REALTY LLC
(850) 843-2739
9 in this area
117 Total Sales
Map
Source: Stellar MLS
MLS Number: OM622454
APN: 1369-0181-00
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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