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524 40th Ter

Ocala, FL 34471

4 bd 2 ba 2,247 sqft Built 1967 Lot 23,958 sqft single_family
Most recent sale
$294,000
Sep 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 26, 2022 Sold $294,000 MLS #OM644018
Aug 30, 2022 Price changed $309,900 MLS #OM644018
Aug 22, 2022 Price changed $324,900 MLS #OM644018
Aug 13, 2022 Price changed $334,900 MLS #OM644018
Aug 6, 2022 Listed $344,900 MLS #OM644018
Mar 20, 2019 Sold $199,000 MLS #549012
Jan 28, 2019 Price changed $199,000 MLS #549012
Jan 15, 2019 Listed $201,000 MLS #549012
Dec 2, 2016 Sold $182,000 MLS #500053
Oct 3, 2016 Price changed $191,000 MLS #500053
Jul 13, 2016 Price changed $197,000 MLS #500053
Apr 15, 2016 Listed $205,000 MLS #500053

Tax assessment history

YearBuildingLandTotal assessedTax paid
2020 $107,670 $46,648 $154,318 $2,822
2019 $115,816 $1,302
2018 $113,657 $1,249
2017 $111,319 $1,229
2016 $98,624 $1,097
2015 $97,938 $1,105
2014 $97,161 $1,007
2013 $95,725 $989
2012 $106,755 $1,207
2011 $103,646 $1,142
2010 $102,114 $1,086
2009 $99,429 $1,015
2008 $99,330 $993

Property facts

Year built
1967
Property type
single_family
Stories
1
Beds
4
Baths
2
Living area
2,247 sqft
Lot size
23,958 sqft
ZIP code
34471
City
Ocala
Street
40th Ter
Coordinates
29.18202, -82.07989

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,764
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 524 40th Ter last sell?
524 40th Ter most recently sold on Sep 26, 2022 for $294,000.
What is the current tax assessment for 524 40th Ter?
The most recent total assessment for 524 40th Ter (year 2020) is $154,318 with $2,822 in property tax.
How does 524 40th Ter's assessment compare to its last sale price?
The current assessment is 47.5% below the last sale price of $294,000.
When was 524 40th Ter built?
524 40th Ter was built in 1967.
How does 524 40th Ter compare to others on 40th Ter?
We track 8 other properties on 40th Ter. Browse the list under "Other properties on 40th Ter" to compare beds, baths, and sale history.
What are the property facts for 524 40th Ter?
524 40th Ter is a 4 bed, 2 bath, 2,247 sqft, 23,958 sqft lot single_family.
Is 524 40th Ter a flip candidate?
No — 524 40th Ter does not appear in our flips dataset.
Is 524 40th Ter a tax-appeal candidate?
No — 524 40th Ter is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-0.1%
Implied 1-yr
-0.6%
2026 Q3
$427.3K
2026 Q4
$426.7K
ZIP 34471 — Median Price History + Forecast

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