by Global Lifestyle Properties

See Home Value
Marion 34482
5617 NW 40TH LOOP
$420,000
● House - Off Market

5617 NW 40TH LOOP

OCALA, FL 34482
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,840 Ft²
$3,917
Est. Monthly
$1,583
HOA / Fees
3.04%
Cap Rate

About This Property

Welcome to your dream home in the sought-after Ocala Preserve, where modern elegance meets comfort and convenience. This stunning Shea-built Connect model, crafted in 2019, offers nearly 1,900 sq. ft. of thoughtfully designed living space with 3 bedrooms, 2 bathrooms, and a dedicated office-perfect for working from home or creating a cozy retreat. From the moment you step inside, you'll be captivated by the open floor plan, flooded with natural light and designed for seamless entertaining. The gourmet kitchen is a showstopper, boasting ample stone countertops, a large island, stainless steel appliances, and high-end selections inspired by the model home. The primary suite is a true sanctuary, featuring a walk-in closet, an ensuite bath with dual vanities, upgraded tile, and a spa-like ambiance. Every detail has been thoughtfully considered, from the rounded corners and upgraded lighting to the sleek LVP flooring replacing the original carpet. Enjoy the Florida lifestyle with an extended patio, motorized shade on the sliders, and an extended driveway for extra parking. Plus, a whole-home water conditioning system ensures optimal water quality.  As an added bonus, a new garage assembly has been installed as well as a 30 amp RV hook up inside the garage. All TVs remain, and furnishings are available for purchase on a separate contract. Situated in the vibrant Ocala Preserve community, this home offers an unmatched lifestyle with resort-style amenities, walking trails, and more. Don't miss your chance to own this beautifully upgraded homeschedule your private showing today!
Unit Size
1,840 Ft²
Days on Market
27 days
Land Size
0.14 acres
Price per sqft
$231
Property Type
House
Property Taxes
$247
HOA Dues
$1,583
Year Built
2019

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Last updated: 2 years ago (Stellar MLS #V4941701)

Price History

Date / Event Date Event Price
Apr 23, 2025 Sold
Sold
Apr 4, 2025 In contract -
In contract
Mar 27, 2025 Listed by RE/MAX SIGNATURE $425,000
Listed by RE/MAX SIGNATURE
Sep 16, 2021 Sold
Sold
Jul 19, 2021 Listed by RE/MAX SIGNATURE $365,000
Listed by RE/MAX SIGNATURE

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 0
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 10
  • Exterior Walls Type: 7
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 11
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 11
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Lot Size Depth Feet: 1,197
  • Lot Size Frontage Feet: 500
  • Total Building Area: 2,300
  • Gross Building Area: 2,512
  • Building Area: 1,840
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,840
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: OCALA PRESERVE PH 5
  • Land Acres: 0000000140
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • Legal Description 1: SEC 33 TWP 14 RGE 21 PLAT BOOK 13 PAGE 061 OCALA PRESERVE PH 5 LOT 181

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 002503

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MAP 144
  • Parcel: 1369-0181-00
  • Lot: 181
  • Meridian: SEC 33 TWN 14S RNG 21E
  • Municipality: COUNTY - SWFWMD-WR
  • Latitude: 29.2288
  • Longitude: -82.2143

    Address

  • Full Address: 5617 Nw 40th Loop
  • Address - House Number: 5617
  • Street Direction: NW
  • Address - Street Name: 40th
  • Address - Suffix Type: Loop
  • State: FL
  • City Name: Ocala
  • Carrier Code: R001
  • 4-Digit Zip Code: 4911
  • Zip Code: 34482

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $281,364
  • Tax Rate Code Area: 9002

    Appraisal Valuation

  • Standard Deviation: 0.2258
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 68
  • Final Value: 441,178
  • High Value: 540,828
  • Low Value: 341,528

    Market Valuation

  • Market Total Value: $317,496
  • Market Land Value: $50,000
  • Market Improvement Value: $267,496

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $204,145

    Sales

  • Current Sale Contract Date: Aug 30, 2021
  • Current Sale Recording Date: Sep 16, 2021
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021127815
  • Previous Sale Recording Date: Nov 04, 2019
  • Previous Sale Contract Date: Oct 12, 2019
  • Previous Sale Amount: $304,600
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Marion


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Frequently Asked Questions

When was property at 5617 Northwest 40th Loop built and last sold?
The property at 5617 Northwest 40th Loop was built in 2019 and last sold on Aug 30, 2021 for $355,000.
How much is this home worth?
The estimated value of the home located at 5617 Northwest 40th Loop is $0.
What are some comparable homes to 5617 Northwest 40th Loop?
There are currently no comparable homes to 5617 Northwest 40th Loop.