NOT LISTED FOR SALE

5649 NW 40th Loop Ocala, FL 34482

Fellowship Neighborhood

Estimated Value: $335,425 - $406,000

2 Beds
2 Baths
1,706 Sq Ft
$214/Sq Ft Est. Value

Last Sold August 04, 2022

Last sale price $390,000 $229 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,573/month

11 Days on Market

Highlights

  • Golf Course Community
  • Active Adult
  • Clubhouse
  • Fitness Center
  • Gated Community
  • High Ceiling

About This Home

As of August 2022

Don't miss out! Gated 55+ section of the highly desirable Ocala Preserve community. Newer Monaco Model by Shea Builders. Upgraded on every level, full house security system, screened in lanai, granite counter-tops, windows that unlock and fold in for easy cleaning. Split floor plan for privacy when you have guests over. This home is light and bright. The kitchen is huge and has so much storage, you may need to go shopping to fill it all. The amenities are quite impressive, The Salted Brick restaurant, Wine Cellar, Art Studio, dog park, miles of walking trails, gorgeous pool, a Spa, kayaking, golf, entertainment events and so much more! Let's not forget, 5 minutes to WEC.

Last Agent to Sell the Property

THEODORA WILLIAMS

FLORIDA'S CHOICE REALTY License #3305387 Listed on: 06/25/2022

Last Buyer's Agent

Renee Goergen

PREFERRED RE BROKERS III License #3378530

PREFERRED RE BROKERS III

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,822

Year Built

  • Built in 2019

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 50.8x114.4
  • North Facing Home
  • Irrigation
  • Property is zoned PUD

HOA Fees

  • $425 Monthly HOA Fees

Parking

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

Home Design

  • Slab Foundation
  • Shingle Roof
  • Cement Siding
  • Stone Siding

Interior Spaces

  • 1,706 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Active Adult
  • Alex Gormley Association
  • Ocala Preserve Ph 5 Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Golf Course Community
  • Tennis Courts
  • Pickleball Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,822

Year Built

Built in 2019

Lot Details

0

HOA Fees

$425 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Cement Siding, Stone
  • Fireplace: No
  • Living Area: 1706
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 2019
  • Lot Size Sq Ft: 5663
  • Status: Sold
  • Street Direction: NW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM641642?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM641642?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9799
  • Price per Sq Ft: 228.6
  • Close to Original List Price Ratio: 0.9799
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Room Count: 3
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: North
  • Exterior Features: Irrigation System, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt, 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
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Public, Sewer Connected, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Golf Carts OK, Golf, Playground, Pool, Sidewalk, Tennis Courts
  • Association Amenities: Clubhouse, Fitness Center, Gated, Golf Course, Pickleball Court(s), Pool
  • Association Fee: 424.67
  • Association Fee Frequency: Monthly
  • Association Name: ALEX GORMLEY
  • Association: Yes
  • Senior Community: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 5096.04
  • Monthly HOA Fee: 424.67
  • Total Monthly Fees: 424.67

Lot Info

  • Zoning: PUD
  • Parcel Number: 1369-0173-00
  • Additional Parcels: No
  • Lot Dimensions: 50.8x114.4
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Approval Process: PER HOA
  • Pet Restrictions: PER HOA
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: PER HOA

Tax Info

  • Tax Annual Amount: 2822.1
  • Tax Block: 0
  • Tax Book Number: 13-061
  • Tax Lot: 173

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 30, 2024
Sold by
Greco Deborah Middleton and Thomas John
Bought by
Greco Deborah Middleton and Greco Andrea Holloway
Current Estimated Value
$365,106

Purchase Details

Closed on
Jan 9, 2023
Sold by
Greco Thomas John and Greco Deborah Middleton
Bought by
Greco Thomas John and Greco Deborah Middleton

Purchase Details

Listed on
Jun 25, 2022
Closed on
Aug 3, 2022
Sold by
Floyd Bocchichio Darlene
Bought by
Greco Thomas John and Greco Deborah Middleton
Seller's Agent
THEODORA WILLIAMS
FLORIDA'S CHOICE REALTY
Buyer's Agent
Renee Goergen
PREFERRED RE BROKERS III
List Price
$398,000
Sold Price
$390,000
Premium/Discount to List
-$8,000
-2.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.93%

Purchase Details

Closed on
Jun 28, 2019
Sold by
Ocala 623 Land Development Llc
Bought by
Bocchichio John Howard and Bocchichio Darlene Floyd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,492
Interest Rate
4%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Greco Deborah Middleton $100 None Listed On Document
Greco Thomas John $100 --
Greco Thomas John $100 None Listed On Document
Greco Thomas John $390,000 Brick City Title Insurance Age
Bocchichio John Howard $272,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bocchichio John Howard $281,492
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2022 08/04/22 Sold $390,000 -2.0% $229 / Sq Ft
06/25/2022 06/25/22 For Sale $398,000 -- $233 / 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
2024 $2,817 $269,479 $35,000 $234,479
2023 $2,817 $283,273 $50,000 $233,273
2022 $2,817 $198,884 $0 $0
2021 $2,822 $193,091 $0 $0
2020 $2,799 $190,425 $0 $0
2019 $767 $45,000 $45,000 $0
2018 $0 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2022

    THEODORA WILLIAMS

    FLORIDA'S CHOICE REALTY

    (352) 620-5422

    3 in this area

    73 Total Sales

    THEODORA WILLIAMS
    Section Image
  • Renee Goergen

    Buyer's Agent in 2022

    Renee Goergen

    PREFERRED RE BROKERS III

    (716) 560-7294

    1 in this area

    18 Total Sales

    Renee Goergen
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM641642

Stellar MLS

APN: 1369-0173-00

Florida Marion County Ocala 34482 Fellowship

5649 NW 40th Loop, Ocala, FL

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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