When was property at 2216 Northeast 40th Terrace built and last sold?

The property at 2216 Northeast 40th Terrace was built in 2005 and last sold on Feb 29, 2016 for $135,000.

How much is this home worth?

The estimated value of the home located at 2216 Northeast 40th Terrace is $244,157.

What are some comparable homes to 2216 Northeast 40th Terrace?

There are currently no comparable homes to 2216 Northeast 40th Terrace.

Ocala

34470

2216 NE 40TH TERRACE

Map

$239,900

● House - In Contract

2216 NE 40TH TERRACE

OCALA, FL 34470

3 Beds

2 Baths

1,617 Ft²

$1,335

Est. Monthly

$15

HOA / Fees

About This Property

Under contract-accepting backup offers. Discover the perfect blend of peace, convenience, and value in this beautiful, move-in-ready 3-bedroom, 2-bathroom home. Nestled in a quiet neighborhood with just a single entrance, this property offers a serene retreat for everyone! sSitting just minutes from major routes, shopping and dining. Inside, stylish laminate wood flooring flows throughout a spacious layout, highlighted by a bright living room that opens to a charming, shaded sun porch-your new favorite spot for morning coffee. The kitchen features a handy breakfast bar, an adjacent dining area. While the primary suite serves as a private oasis with a generous walk-in closet and double-sink vanity. Complete with an inviting front porch, an indoor laundry room and a beautifully landscaped backyard with fresh decorative curbing perfect for gardening, this home offers ultimate peace of mind with big-ticket updates including a brand-new AC/heating system (2024), a newer roof (2021), upgraded bath showers (2020), and a modern sun porch (2018). Priced to sell and meticulously maintained, this gem is ready for you to just unpack and enjoy!

Unit Size

1,617 Ft²

Days on Market

Land Size

0.18 acres

Price per sqft

$148

Property Type

House

Property Taxes

$142

HOA Dues

$15

Year Built

2005

Listed By

Scott Coldwell

[email protected]

COLDWELL REALTY SOLD GUARANTEE

Payment Calculator

Cap Rate Calculator

Last updated: 13 days ago (Stellar MLS #OM728474)

Price History

Date / Event	Date	Event
Oct 6, 2026	In contract	-
In contract
Sep 26, 2026	Price Decreased	$239,900 ↓ $10K (4%)
Price Decreased
Jul 14, 2026	Listed by COLDWELL REALTY SOLD GUARANTEE	$249,900
Listed by COLDWELL REALTY SOLD GUARANTEE
Mar 2, 2016	Sold	Premium
Sold
Oct 14, 2005	Sold	Premium
Sold

Property Highlights

Garage

Air Conditioning

Parking Details

Has Garage

Attached Garage

Garage Spaces: 2

Interior Details

Full Bathrooms: 2

Interior Features: Ceiling Fan(s), Open Floorplan, Vaulted Ceiling(s), Walk-In Closet(s), Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Thermostat, Window Treatments

Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer, Kitchen Reverse Osmosis System

Flooring Type: Laminate, Hardwood

Door Features: French Doors

Laundry Features: Inside, Laundry Room

Rooms: 4

Exterior Details

Square Footage: 1617

Square Footage Source: $0

Property Condition: Completed

Architectural Style: Craftsman

Year Built: 2005

Building Area Total: 2603

Levels: One

Building Area Units: Square Feet

Window Features: Blinds, Window Treatments

Construction Materials: Concrete, HardiPlank Type

Patio and Porch Features: Enclosed, Front Porch, Rear Porch, Screened

Lot Features: Cleared, City Lot, In County, Sidewalk

Lot Size Area: 7841

Lot Size Units: Square Feet

Lot Size Acres: 0.18

Lot Size Square Feet: 7841

Lot Size Dimensions: 60 x 130

Tax Lot: 14

Water Source: Public

Financial Details

Tax Annual Amount: $1,704

Lease Considered: Yes

Utilities Details

Cooling Type: Central Air

Heating Type: Heat Pump

Sewer : Public Sewer

Location Details

HOA Fee: $175

HOA Fee Frequency: Annually

Building Info

Overview

General

Year Built: 2005

Effective Year Built: 2005
Building Count: 1
Bedroom Count: 3
Bathroom Count: 2
Full Bathrooms: 2
Partial Bathrooms: 2
Bathroom Plumbing Fixtures: 9
Building Condition: 4
Building Quality: 4
Construction Type: 0
Building Style: 10
Exterior Walls Type: 15
Interior Walls Type: 3
Roof Shape Type: 1
Roof Cover Type: 11
Floor Count: 100
Living Units: 1
Floor Cover: 15
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 587
Parking Space Count: 2
Patio Type: 59
Porch Type: 77
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,841

Lot Size Depth Feet: 1,300
Lot Size Frontage Feet: 600
Total Building Area: 2,204
Gross Building Area: 2,603
Building Area: 1,617
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 8
Heated Square Feet: 1,617
Heating Fuel Type: 2

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: VICTORIA STATION
Land Acres: 0000000180
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 001
Legal Description 1: SEC 02 TWP 15 RGE 22 PLAT BOOK 7 PAGE 071 VICTORIA STATION BLK A LOT 14

Neighborhood

School District Name: Marion County School District

Census Tract: 001403

Zoning

Zoning: R1AA

Geography

Assessors Map Reference: MAP 212

Parcel: 24232-001-14
Block: A
Lot: 14
Meridian: SEC 2 TWN 15S RNG 22E
Municipality: OCALA
Latitude: 29.2109
Longitude: -82.0804

Address

Full Address: 2216 Ne 40th Ter

Address - House Number: 2216
Street Direction: NE
Address - Street Name: 40th
Address - Suffix Type: Ter
State: FL
City Name: Ocala
Carrier Code: R023
4-Digit Zip Code: 3171
Zip Code: 34470

Valuation

Tax

Tax Year: 2023

Tax Amount: $168,666
Tax Rate Code Area: 1001

Appraisal Valuation

Standard Deviation: 0.2421

Valuation Date: Jan 31, 2024
Confidence Score: 66
Final Value: 287,332
High Value: 356,912
Low Value: 217,751

Market Valuation

Market Total Value: $219,880

Market Land Value: $30,000
Market Improvement Value: $189,880

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $121,275

Sales

Current Sale Contract Date: Feb 29, 2016

Current Sale Recording Date: Mar 02, 2016
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2016018368
Previous Sale Recording Date: Oct 14, 2005
Previous Sale Contract Date: Oct 11, 2005
Previous Sale Amount: $167,500
Previous Sale Document Type: 71

Data used for valuation calculations is provided by RealtyHop, and other third party sources

Request mortgage information redaction

Comparables

About Ocala

Stats & Trends

Median Asking:

$282,990

Sale Price/ft²

$163

Below Asking

0.03%

Average Days on Market

Average Home Size

1967 ft²

Average Home Age

36.7 years

Currently For Sale

421 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3761 Ne 40th Place, OCALA, FL, 34479

$1,100 /mo

2 Beds
1 Bath
770 ft²

3761 Ne 40th Place #D, OCALA, FL, 34479 Listing by Carolyn Day

Unit for rent at 3246 Ne 7th Lane, OCALA, FL, 34470

$1,850 /mo

4 Beds
2 Baths
1,421 ft²

3246 Ne 7th Lane, OCALA, FL, 34470 Listing by Lo Laurore

Unit for rent at 231 Ne 28th Avenue, OCALA, FL, 34470

$1,400 /mo

2 Beds
2 Baths
1,190 ft²

231 Ne 28th Avenue #309, OCALA, FL, 34470 Listing by Gladys Vazquez

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Scott Coldwell
COLDWELL REALTY SOLD GUARANTEE
Last Updated: 13 days ago
Data Source: Stellar MLS, MLS# OM728474

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.