605 SE 40th Terrace Ocala, FL 34471
Southeast Ocala NeighborhoodEstimated Value: $286,000 - $336,000
            
                3
                Beds
            
            
            
                2
                Baths
            
            
            
                1,627
                Sq Ft
            
            
                
                    $197/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 605 SE 40th Terrace, Ocala, FL 34471 and is currently estimated at $320,116, approximately $196 per square foot. 605 SE 40th Terrace is a home located in Marion County with nearby schools including Ward-Highlands Elementary School, Fort King Middle School, and Forest High School.
Ownership History
                Date
                Name
                Owned For
                Owner Type
            
                    Purchase Details
                Closed on
            
            
                Feb 21, 2022
            
        
                Sold by
            
            
                Whitt Laura A and Whitt Laura A
            
        
                Bought by
            
            
                Whitt Richard J and Whitt Laura A
            
        
                            Current Estimated Value
                        
                        
                    Purchase Details
                Closed on
            
            
                Jul 25, 2007
            
        
                Sold by
            
            
                King Lori and King Whitt Lori
            
        
                Bought by
            
            
                Whitt Richard J
            
        Purchase Details
                Closed on
            
            
                Sep 19, 2003
            
        
                Sold by
            
            
                Clark Gordon E and Clark Jill S
            
        
                Bought by
            
            
                Whitt Rick and Whitt Lori
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $34,000
            
        
                Interest Rate
            
            
                7%
            
        
                Mortgage Type
            
            
                Seller Take Back
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Whitt Richard J | -- | None Listed On Document | |
| Whitt Richard J | -- | Attorney | |
| Whitt Rick | $35,000 | -- | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Previous Owner | Whitt Rick | $34,000 | 
                Source: Public Records
            
        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 | 
|---|---|---|---|---|
| 2024 | $2,734 | $177,027 | -- | -- | 
| 2023 | $2,661 | $171,871 | $0 | $0 | 
| 2022 | $2,423 | $166,865 | $0 | $0 | 
| 2021 | $2,601 | $162,005 | $0 | $0 | 
| 2020 | $2,125 | $156,608 | $0 | $0 | 
| 2019 | $2,003 | $148,225 | $0 | $0 | 
| 2018 | $1,942 | $145,461 | $0 | $0 | 
| 2017 | $1,938 | $142,469 | $0 | $0 | 
| 2016 | $1,928 | $139,539 | $0 | $0 | 
| 2015 | $1,948 | $138,569 | $0 | $0 | 
| 2014 | $1,823 | $139,777 | $0 | $0 | 
                Source: Public Records
                    
            
        Map
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