2 months on rocket

5020 SE 40th St, Ocala, FL, 34480

$600,000

Home List Price

$7,125*

Closing Credit

4 Bedrooms
3 Full Baths
2,629 SqFt
$228/SqFt
House

Location

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5020 SE 40th St, Ocala$600,000

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built2005
HeatingElectric
CoolingCentral Air
Private PoolYes
MLS #OM684818
Lot Size0.68 Acres
StatusActive

About 5020 SE 40th St

Gorgeous 4 bedroom, 3 full bathroom pool home in desirable, gated SE subdivision of Summerton South. The kitchen features a large breakfast bar, dining area, tons of cabinet space, granite counters and stainless steel appliances, including a built-in convection oven and microwave and gas range. The spacious living room has a gas fireplace and triple glass sliders leading to the pool/patio. The primary bedroom suite has tray ceilings, new carpeting, two walk-in closets, private toilet with pocket door, jacuzzi jetted tub, walk-in shower, his & hers sinks and French doors leading to the pool/patio. Separate, formal dining room and office or den with French doors that could serve as a fifth bedroom. Solid wood cabinets and granite counter tops throughout. Open, split floor plan with crown molding, 12-foot ceilings, and 8-foot doorways. Carpet in the four bedrooms and ceramic tile flooring throughout the rest of the home. The .68 acre property is fully fenced and double gated, with plenty of outside storage and room for your boat or RV. Large, sport style, screened pool (plumbed for solar heater). The huge patio is great for entertaining and includes storage cabinets, a storage closet, an outdoor shower, and access from the third bathroom. Great location on a cul-de-sac. HOA fee is only $600/year. Other features include a security system, 3-zone AC system, wiring for a sound system, built-in shelving and drawers in all bedroom closets, tankless gas hot water heater, separate irrigation well with newer pump and much more. NEW Roof!!

Property Details

Property Features

Property Information:

  • Year Built: 2005
  • Stories: 1
  • Living Area: 2,629 SqFt

Listing Office:

  • Office Name: FONTANA REALTY
  • Office Phone: (352) 817-3574
  • Listing Agent: April Fontana

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile
  • Interior: Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • Exterior: Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Virtual/3D Tour

  • Virtual Tour: 5020 SE 40th St
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.68 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: East on Maricamp Road/SR 464 to Left at SE 44th Avenue Road/SE 38th Street to Right on SE 52nd Avenue (Summerton South Entrance) to Right on SE 39th Loop to Right on SE 40th Street to Property on Left Side of Cul-de-sac.

Price Information

Listing Price Info

Price Summary:

  • List Price: $600,000
  • Price Per SqFt: $228/SqFt

HOA Fees:

  • Amount: $600
  • Frequency: Annually

Tax Information:

  • Annual Amount: $3,935
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Ocala, FL.

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Ocala, FL

City

Med. Sold Price

$282.8K

Med. Price/SqFt

$174

Avg. Days On Market

65

# of Sold Homes

436

5020 SE 40th St vs Ocala

88 DAYS ON ROCKET

+23 Days

$600,000

+$317.1K More

$228/SqFt

+$54 More

KEY TAKEAWAY

This property is $317.1K more than the Median Sold Price and $54/SqFt more than other homes in Ocala, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #OM684818

Listing Office:

  • Office Name: FONTANA REALTY
  • Office Phone: (352) 817-3574
  • Listing Agent: April Fontana

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 1:20:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 07, 2013Home Sold
$280,000
Jun 10, 2004Home Sold
$52,900

Tax History

YEARPROP. TAXASSESSMENT
2020$3,935$259,881
2018$3,672$249,301
2017$3,555$244,173

History based on county public records data.

Payment Calculator

$3,112

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-892656
5
/10

  • Maplewood Elementary School

  • 4751 SE 24th St

  • 1.32 miles

  • Public District Grades PK-5

school-card-donut-892657
7
/10

  • Ward-Highlands Elementary School

  • 537 SE 36th Ave

  • 2.68 miles

  • Public District Grades PK-5

school-card-donut-892658
5
/10

  • Marion Charter School

  • 39 Cedar Rd

  • 3.16 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $35,435. The most common annual income of people living in Ocala, FL is less than $35k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5020 SE 40th St

What is the listing price of this property?

The listing price of 5020 SE 40th St property is $600,000.

What type of property is this?

The property 5020 SE 40th St is a house located in Ocala, Florida, 34480.

Is this property for sale now?

Active Listing: 5020 SE 40th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,935 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 7, 2013 for $280,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5020 SE 40th St has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 5020 SE 40th St is 2,629 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5020 SE 40th St is 2005.

Rocket Homes›Florida›Marion County›Ocala›34480›5020 SE 40th St

This home is located at 5020 SE 40th St in Ocala, FL and zip code 34480 in the Summerton South neighborhood. This 2,629 square foot home, which was built in 2005, sits on a 0.68 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since August 27, 2024 and is currently priced at $600,000.

Ocala, FL housing market in October 2024 saw over 51 listings sold above listed price, more than 144 sold at listed price and over 241 sold below. The inventory of homes for sale in Ocala, FL between September 2024 and October 2024 increased by 0.6%. While the average time on the market in October 2024 was 65 days, the median list price was $282,826.

From Rocket Homes Real Estate and based on county public records data.

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