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Sold for $610,000
  • Zestimate®
    $610,000

    5020 SE 40TH STREET, OCALA, FL 34480

    4beds
    2,629sqft
    Single Family Residence
    Built in 2005
    0.68 Acres Lot
    $610,000 Zestimate®
    $232/sqft
    $3,834 Estimated rent

    Home value

    $610,000

    $567,000 - $653,000

    $3,834/mo

    Zestimate® history
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    What's special

    Newly screened pool enclosureWarm gas-log fireplaceCompletely remodeled kitchenDedicated officeQuartz countertopsHigh-end appliancesNew cabinetry
    Welcome to a beautifully updated 4-bedroom, 3-bath home with a dedicated office, offering an impressive combination of style, functionality, and major recent upgrades. Step inside to soaring 12-foot ceilings and a warm gas-log fireplace. At the heart of the home is a completely remodeled kitchen, featuring two islands, new cabinetry, quartz countertops, a marble backsplash, and high-end appliances—including a 6-burner gas cooktop and stove. Every bedroom is also equipped with a custom closet system for exceptional storage and organization. Outside, enjoy your own private retreat with a newly resurfaced pool (2026) backed by a 10-year warranty and a newly screened pool enclosure. The irrigation system is supplied by a dedicated well, helping keep the landscaping beautiful without relying on the home's primary water source. Major improvements have already been taken care of, including a new tankless water heater (2026), new HVAC system (2025), and new roof with added insulation (2024). For RV and recreational enthusiasts, the property offers an oversized parking pad with 50-amp power for an RV or other recreational toys, plus an additional 220V hookup in the garage. Located in one of southeast Ocala's most desirable gated neighborhoods.

    Zillow last checked:

    Listing updated:

    Listed by:

    Kristy Benefield 352-396-0217,

    NEXT GENERATION REALTY OF MARION COUNTY 352-342-9730

    Bought with:

    Kristy Benefield, 3664826

    NEXT GENERATION REALTY OF MARION COUNTY

    Source: Stellar MLS,MLS#: OM731673MLS LogoOriginating MLS: Ocala - Marion

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    Primary bedroom
    • Features: Walk-In Closet(s)
    • Level: First
    Primary bathroom
    • Level: First
    Bathroom 2
    • Level: First
    Bathroom 2
    • Level: First
    Bathroom 3
    • Level: First
    Bathroom 3
    • Level: First
    Bathroom 4
    • Level: First
    Dining room
    • Level: First
    Family room
    • Level: First
    Foyer
    • Level: First
    Kitchen
    • Level: First
    Laundry
    • Level: First
    Heating
    • Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Cooktop, Dishwasher, Microwave, Range, Range Hood, Refrigerator
    • Laundry: Laundry Room
    Features
    • Ceiling Fan(s), Crown Molding, High Ceilings, Solid Surface Counters
    • Flooring: Carpet, Tile
    • Doors: Outdoor Shower
    • Has fireplace: Yes
    • Fireplace features: Gas
    Interior area
    • Total structure area: 3,875
    • Total interior livable area: 2,629 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    • Attached garage spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Enclosed, Screened
    • Exterior features: Irrigation System, Outdoor Shower, Private Yard, Rain Gutters, RV Hookup, Storage
    • Has private pool: Yes
    • Pool features: Gunite, In Ground, Lighting
    • Fencing: Fenced
    Lot
    • Size: 0.68 Acres
    • Features: Cul-De-Sac, Sidewalk
    Details
    • Additional structures: Shed(s)
    • Parcel number: 3139001018
    • Zoning: R1
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 2005

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public, Well
    • Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected, Sprinkler Well

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: SUMMERTON SOUTH
    HOA
    • Has HOA: Yes
    • HOA fee: $50 monthly
    • HOA name: Vine Managment
    Location
    • Region: Ocala

    Financial & listing details

    • Price per square foot: $232/sqft
    • Tax assessed value: $472,067
    • Annual tax amount: $7,760
    • Date on market: 9/4/2026
    • Cumulative days on market: 5 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    10/15/2026Sold$610,000-6.1%$232/sqft
    Source: Stellar MLS #OM731673 Report a problem
    9/15/2026Pending sale$649,900$247/sqft
    Source: Stellar MLS #OM731673 Report a problem
    9/15/2026Listed for sale$649,900$247/sqft
    Source: Stellar MLS #OM731673 Report a problem
    9/15/2026Pending sale$649,900$247/sqft
    Source: Stellar MLS #OM731673 Report a problem
    9/14/2026Listed for sale$649,900$247/sqft
    Source: Stellar MLS #OM731673 Report a problem
    9/10/2026Pending sale$649,900$247/sqft
    Source: Stellar MLS #OM731673 Report a problem
    9/4/2026Listed for sale$649,900+11.1%$247/sqft
    Source: Stellar MLS #OM731673 Report a problem
    10/16/2025Sold$585,000-4.1%$223/sqft
    Source: Stellar MLS #OM709150 Report a problem
    9/18/2025Pending sale$610,000$232/sqft
    Source: Stellar MLS #OM709150 Report a problem
    9/10/2025Listed for sale$610,000+5.4%$232/sqft
    Source: Stellar MLS #OM709150 Report a problem
    2/13/2025Listing removed$579,000$220/sqft
    Source: Stellar MLS #OM684818 Report a problem
    1/31/2025Price change$579,000-2.7%$220/sqft
    Source: Stellar MLS #OM684818 Report a problem
    1/27/2025Price change$595,000-0.8%$226/sqft
    Source: Stellar MLS #OM684818 Report a problem
    1/10/2025Listed for sale$600,000$228/sqft
    Source: Stellar MLS #OM684818 Report a problem
    12/17/2024Pending sale$600,000$228/sqft
    Source: Stellar MLS #OM684818 Report a problem
    11/4/2024Price change$600,000-1.6%$228/sqft
    Source: Stellar MLS #OM684818 Report a problem
    10/3/2024Price change$610,000-0.8%$232/sqft
    Source: Stellar MLS #OM684818 Report a problem
    9/9/2024Listed for sale$615,000$234/sqft
    Source: Stellar MLS #OM684818 Report a problem
    9/6/2024Pending sale$615,000$234/sqft
    Source: Stellar MLS #OM684818 Report a problem
    8/27/2024Listed for sale$615,000+17%$234/sqft
    Source: Stellar MLS #OM684818 Report a problem
    12/14/2023Listing removed--
    Source: Stellar MLS #OM629743 Report a problem
    12/15/2021Sold$525,500+2.1%$200/sqft
    Source: Public Record Report a problem
    11/5/2021Pending sale$514,900$196/sqft
    Source: Stellar MLS #OM629743 Report a problem
    11/2/2021Listed for sale$514,900+83.9%$196/sqft
    Source: Stellar MLS #OM629743 Report a problem
    12/31/2012Sold$280,000-6.6%$107/sqft
    Source: OMCAR #379204 Report a problem
    9/8/2012Listed for sale$299,900+466.9%$114/sqft
    Source: Coldwell Banker Ellison Realty, Inc. #379204 Report a problem
    6/10/2004Sold$52,900$20/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$7,760 +45.3%$472,067 +30.2%
    2024$5,342 +2.4%$362,486 +3%
    2023$5,215 +2.8%$351,928 +3%
    2022$5,075 +28%$341,678 +29.7%
    2021$3,966 +0.8%$263,519 +1.4%
    2020$3,935 +1.4%$259,881 +2.3%
    2019$3,879 $254,038 +1.9%
    2018$3,879 +7.6%$249,301 +2.1%
    2017$3,606 +0.6%$244,173 +2.1%
    2016$3,583 $239,151 +0.7%
    2015$3,583 +6.3%$237,489 +0.8%
    2014$3,370 +2.8%$235,604 +1.5%
    2013$3,279 -8.2%$232,122 -7.7%
    2012$3,572 -6.4%$251,455 -5.7%
    2011$3,818 -6.6%$266,745 -6.6%
    2010$4,088 -20.8%$285,676 -21.7%
    2009$5,162 -2.5%$365,058 -4%
    2008$5,295 -0.8%$380,318 +3%
    2007$5,338 -7.2%$369,242 +2.5%
    2006$5,755 +587.8%$360,237 +626.1%
    2005$837 $49,613 +8.8%
    2004$837 -8.4%$45,618 +1.4%
    2002$914 $45,000
    2001-- --
    Find assessor info on the county website

    Neighborhood: 34480

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Maplewood Elementary School-M
    • Middle: Osceola Middle School
    • High: Forest High School

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $610,000

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value

    $610,000