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5645 Southwest 40th Place

5645 Southwest 40th Place, Ocala, FL 34474
House in Ocala
Sold Jun 13, 2023
$287,000
Sold May 18, 2021
$218,500
$196,650 by Hamilton Home Loans Inc
Mortgage Due Jun 01, 2051
5645 Southwest 40th Place has been categorized by the local assessors in Ocala, FL as a residential type of property. The building on the property was first built in 2008 and is 16 years old. The home has a total of 2 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5645 Southwest 40th Place has 1,591 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a modern style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 504 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as fair. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a hip style roof made of fiberglass. The exterior walls of the building are made of concrete block. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heat pump and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5645 Southwest 40th Place was last sold in Jun 5, 2023 for $287,000. According to our calculations, that's $136.99 per sqft. Prior to that sales transaction, the property was sold for $218,500 in May 7, 2021. Current property owners are expected to pay $3,170 in taxes per year. The property on 5645 Southwest 40th Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $208,625. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior
Stucco Exterior

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Fair
  • Building Quality: C
  • Building Style: Modern
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Fiberglass
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 504
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,405
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,095
  • Gross Building Area: 2,425
  • Building Area: 1,591
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 1,591
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SADDLE CREEK PHASE 2
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 33 TWP 15 RGE 21 PLAT BOOK 009 PAGE 119 SADDLE CREEK PHASE 2 LOT 146

Ownership

  • Current Owner : VARRICHIONE MARIA E
  • Current Owner 2: VARRICHIONE ANDREW W
  • Previous Owner : BARNETT SANDRA
  • Owner Before Previous Owner: SHOULDERS ASHLEY C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 002507

Zoning

  • Zoning: PUD

Geography

  • Assessors Map Reference: MAP 147
  • Parcel: 2386-002-146
  • Lot: 146
  • Meridian: SEC 33 TWN 15S RNG 21E
  • Municipality: OCALA SWFWMD
  • Latitude: 29.1481
  • Longitude: -82.2122

    Address

  • Full Address: 5645 Sw 40th Pl
  • Address - House Number: 5645
  • Street Direction: SW
  • Address - Street Name: 40th
  • Address - Suffix Type: Pl
  • State: FL
  • City Name: Ocala
  • Carrier Code: R092
  • 4-Digit Zip Code: 9591
  • Zip Code: 34474

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,170
  • Tax Rate Code Area: 1005

    Appraisal Valuation

  • Standard Deviation: 0.2414
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 66
  • Final Value: 301,139
  • High Value: 373,835
  • Low Value: 228,442

    Market Valuation

  • Market Total Value: $236,193
  • Market Land Value: $32,000
  • Market Improvement Value: $204,193

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $208,625

    Sales

  • Current Sale Contract Date: Jun 05, 2023
  • Current Sale Recording Date: Jun 13, 2023
  • Current Sale Transaction ID: 11908203353
  • Current Sale Price: $287,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 74645
  • Previous Sale Recording Date: May 18, 2021
  • Previous Sale Contract Date: May 07, 2021
  • Previous Sale Amount: $218,500
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: HAMILTON HOME LOANS INC
  • Previous Mortgage Transaction Date: May 18, 2021
  • Previous Mortgage Loan Amount: $196,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2051

About Ocala



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Nearby Rentals

Unit for rent at

$2,100 /mo

  • 3 Beds
  • 2 Baths
  • 1,714 ft²
Listing by Manager
Unit for rent at

$2,650 /mo

  • 4 Beds
  • 2 Baths
  • 1,944 ft²
Listing by Manager
Unit for rent at

$2,450 /mo

  • 4 Beds
  • 2 Baths
  • 2,185 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 5645 Southwest 40th Place located in?
The 5645 Southwest 40th Place is a house located in the neighborhood of Ocala in Ocala, Ocala.
What is the average sales price for listings in 5645 Southwest 40th Place?
The average sales price for units in 5645 Southwest 40th Place is $0 currently.

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