tomo logo

$274,000

Beds
2
Baths
1.0
sq ft
1,622

5530 NW 40th Loop, Ocala, FL 34482

5530 NW 40th Loop

OCALA, FL 34482

  • <1 day on market
Move-in Ready Home with Smart Features. Check out this beautiful move-in ready home, featuring a spacious 2-bedroom, 2-bath split floor plan, plus a bonus office/den with glass French doors. This bonus room, complete with its own built-in closet, could easily be converted into a third bedroom. The updated kitchen boasts sleek granite countertops, stainless steel appliances, and plenty of cabinet space for storage. You'll love the large entry foyer and the convenience of an inside laundry room. Step outside to the back patio, where you'll find a gas connection for grilling, perfect for enjoying your evenings. The front of the home features a paved driveway and a charming covered front porch, welcoming you home. This smart home offers modern technology to help you manage your living space with ease. A fast close is available, making it easier for you to move in quickly and start enjoying your new home. HOA Fee Includes: Lawn maintenance for front & back yards (irrigation, weeding, trimming, mowing, pesticide, fertilization, sprinkler maintenance); High speed internet (200 mps over fiber optic); Common Area Landscape Maintenance; Club and lifestyle events and social clubs access including amenities - fitness center, pools, golf course, tennis courts, etc.; 3 community parks, Controlled Gated Entry.

Details

Property type

Single Family Residence

Est. home value

$326,781

Lot size

5,227 sq ft

Price per sq ft

$169

Year built

2022

Annual property taxes

$3,978.11

Monthly HOA fee

$175.96

Price History

03/20/2025
StellarMLS

StellarMLS #OM697404

Listed
$274,000
-18.04%
09/09/2022
StellarMLS

StellarMLS #T3358027

Sold
$334,300

Schools & Community

Elementary school: 

Fessenden Elementary School

Middle school: 

Howard Middle School

High school: 

West Port High School

Community features: 

Clubhouse, Fitness Center, Golf, Park, Pool, Sidewalks, Tennis Court(s)

Senior community center: 

Yes

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$10,025
Asking price
$274,000
Closing costs (~8% of asking)
-$21,920
Est. remaining loan balance
-$242,055
Cash to seller
$10,025

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ty Mortgage Llc

Loan start date

September 2022

Original loan amount

$250,800

Est. remaining balance

$242,055

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Antonia Lemont Tate and Sherri Lynn Tate

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/21/2025 at 3:30 AM

Listing updated: 03/20/2025 at 1:38 PM

Listed by: Teri McKeon LLC, REMAX/PREMIER REALTY HWY 200 Phone #: (352) 433-4449

MLS: StellarMLS #OM697404

StellarMLS logo

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