NOT LISTED FOR SALE

9785 SW 40th Terrace Ocala, FL 34476

Estimated Value: $331,000 - $508,000

3 Beds
2 Baths
2,024 Sq Ft
$189/Sq Ft Est. Value

Last Sold June 25, 2025

Last sale price $345,000 $170 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,118/month

81 Days on Market

Highlights

  • 0.62 Acre Lot
  • Outdoor Kitchen
  • End Unit
  • Cathedral Ceiling
  • Sun or Florida Room
  • Corner Lot

About This Home

As of June 2025

Welcome to your dream home situated on a spacious .62 acres in a prime corner lot location in the desirable southwest area of Ocala! This property combines comfort, functionality, and outdoor living, making it perfect for families, hobbyists, and anyone who loves to entertain.
Step inside to discover an inviting layout that includes an additional office room, ideal for those who work from home or need a quiet space for study. The cozy breakfast nook offers a charming spot for morning coffee and casual meals, while the spacious living areas provide plenty of room for gatherings. The exterior of the home is just as impressive. You’ll love the huge 264 sq ft workshop with electricity, perfect for all your projects and hobbies. The full yard smart irrigation system with 54 sprinkler heads ensures your lawn looks lush and green with minimal effort.

For pet lovers, the fenced-in dog run/yard is a safe haven for your furry companions. Enjoy evenings around the firepit or cultivate your green thumb in the fully irrigated fenced garden area. The woodshed provides ample storage for your gardening tools and outdoor supplies.
If you enjoy camping or have an RV, the 50 amp hookups with high-speed Ethernet internet and water are a fantastic feature. The smart home security system, complete with two outdoor cameras and a doorbell camera, offers peace of mind for you and your family.
Outdoor enthusiasts will appreciate the abundant electrical outlets and water spigots throughout the property, making it easy to host gatherings or tackle landscaping projects. The huge fully enclosed lanai, boasting an additional gas stovetop and AC unit, is perfect for year-round entertaining or relaxing. Fruit-bearing apple trees add a delightful touch to your outdoor space, and the additional screened-in side patio creates the perfect grilling area while staying sheltered from the rain. Plus, with a new roof installed May 2025, you can move in with confidence.

Don't miss the opportunity to make this exceptional property your own. With its prime location and numerous amenities, it truly has it all!

Last Agent to Sell the Property

Logan Lodge

ROBERT SLACK LLC Brokerage Phone: 352-229-1187 License #3558286 Listed on: 03/23/2025

ROBERT SLACK LLC

Last Buyer's Agent

Malcolm Hay

HOMERUN REALTY License #3330551

HOMERUN REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,922

Year Built

  • Built in 2005

Lot Details

  • 0.62 Acre Lot
  • Northwest Facing Home
  • Corner Lot
  • Irrigation Equipment
  • Property is zoned R1

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 2,024 Sq Ft Home
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Double Pane Windows
  • Window Treatments
  • Living Room
  • Den
  • Sun or Florida Room
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Enclosed Patio or Porch
  • Outdoor Kitchen
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Septic Tank
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Kingsland Country Estate Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,922

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete
  • Fireplace: No
  • Living Area: 2024
  • Lot Size Acres: 0.62
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 2024
  • Lot Size Sq Ft: 27007
  • Status: Sold
  • Street Direction: SW
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 188.04
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: SW 31st Road Suite 202
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 170.45
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 0
  • Property Description: Corner Unit
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 352-229-1187
  • Tax Year: 2024
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eat-in Kitchen, Split Bedroom, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Window Features: Skylight(s), Double Pane Windows
  • Additional Rooms: Den/Library/Office,Florida Room
  • Living Area Meters: 188.04

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Outdoor Kitchen, Storage, Workshop
  • Exterior Features: Outdoor Kitchen, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12083C0704E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Secured Garage/Parking, Security System, Smoke Detector(s)
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: R1
  • Parcel Number: 3507-014-002
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 3922
  • Tax Block: 14
  • Tax Book Number: L-058KINGSLA
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2025
Closed on
Jun 25, 2025
Sold by
Golightly Jennifer and Golightly David
Bought by
Mullikin Michael John and Mullikin Pamela Marie
Seller's Agent
Logan Lodge
ROBERT SLACK LLC
Buyer's Agent
Malcolm Hay
HOMERUN REALTY
List Price
$369,000
Sold Price
$345,000
Premium/Discount to List
-$24,000
-6.5%
Views
81
Current Estimated Value
$340,651

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,349
Avg. Annual Appreciation
19.12%

Purchase Details

Listed on
Aug 4, 2021
Closed on
Oct 21, 2021
Sold by
Mendez Pedro and Mendez Leonor
Bought by
Golightly Jennifer and Golightly David
Seller's Agent
Shirley Velasco
HOOK & LADDER REALTY OF CENTRAL FLORIDA, LLC
Buyer's Agent
Edward Wise
CB/ELLISON RLTY WEST
List Price
$298,000
Sold Price
$303,000
Premium/Discount to List
$5,000
1.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.60%
Original Mortgage
$292,887
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 2, 2004
Sold by
Willman Carol A
Bought by
Mendez Pedro
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Mullikin Michael John $345,000 Florida Title
Mullikin Michael John $345,000 Florida Title
Golightly Jennifer $303,000 Advantage Title Llc
Mendez Pedro $22,900 Brick City Title Ins Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Golightly Jennifer $292,887
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/25/2025 06/25/25 Sold $345,000 -4.0% $170 / Sq Ft
06/12/2025 06/12/25 Pending -- -- --
06/06/2025 06/06/25 Price Changed $359,500 -1.2% $178 / Sq Ft
04/07/2025 04/07/25 Price Changed $363,900 -1.4% $180 / Sq Ft
03/23/2025 03/23/25 For Sale $369,000 +21.8% $182 / Sq Ft
10/25/2021 10/25/21 Sold $303,000 +1.7% $150 / Sq Ft View Prior Sale
08/30/2021 08/30/21 Pending -- -- --
08/28/2021 08/28/21 For Sale $298,000 0.0% $147 / Sq Ft
08/12/2021 08/12/21 Pending -- -- --
08/03/2021 08/03/21 For Sale $298,000 -- $147 / 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
2025 $4,185 $272,758 -- --
2024 $3,922 $265,071 -- --
2023 $3,922 $279,545 -- --
2022 $4,074 $271,403 $41,501 $229,902
2021 $2,051 $140,517 $0 $0
2020 $2,034 $138,577 $0 $0
2019 $2,004 $135,103 $0 $0
2018 $1,908 $132,584 $0 $0
2017 $1,874 $129,857 $0 $0
2016 $1,836 $127,186 $0 $0
2015 $1,844 $126,302 $0 $0
2014 $1,740 $125,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM697813

Stellar MLS

APN: 3507-014-002