507 SE 40th Ter, Ocala, FL 34471 Property Records

Marion County property record for 507 SE 40th Ter, Ocala, FL 34471

Property Summary

Property TypeSingle Family Home
Details3 bd · 2.5 ba · 2,106 sqft · built 1967
Lot Size0.45 acres (19,602 sqft)
OwnerIndividual Name on File
Last Sale$379,000 (Jul 2024)
Tax Bill$5,033 (2025)
Deeds & MortgagesSep 2022 Second Mortgage
Jul 2024 Sale
+ 4 more
Flood ZoneZone X (minimal risk)
APN2774-003-001

Property Details

APN / Parcel Number

Primary APN2774-003-001
Alternative APNs
  • 0655384000
  • 655384

Interior

Bedrooms3 Beds
Full Baths2.5 Baths
Half Baths1 Half Bath
Stories1 Story
Building Area2,106 sqft Living Area
Gross Area4,028 sqft
1st Floor Area2,106 sqft
FlooringCeramic Tile
Interior WallsWallboard/Drywall
Fireplaces1 Fireplace
FireplaceFireplace

Exterior

Year BuiltBuilt 1967
Effective Year BuiltEffective 1967
Architectural StyleModern
Exterior MaterialAluminum/Vinyl
Roof TypeGable
Roof MaterialFiberglass
Lot Area19,602 sqft (0.45 acres)
Lot Dimensions140 ft deep x 139 ft wide
Garage TypeCarport
Garage Area422 sqft
CarportCarport
Carport Area422 sqft
Parking Spaces2 Parking Spaces

Exterior Amenities

Pool TypeEnclosed Pool
Pool Area476 sqft
PorchScreened Porch
Porch Area660 sqft
Deck Area276 sqft
Patio Area374 sqft
Outdoor Kitchen / BBQOutdoor Kitchen / BBQ
Storage Building364 sqft

Utilities, Heating & Cooling

Cooling SystemCentral
Heating SystemForced Air with A/C
Heating FuelGas

Location & Zoning

Street Address507 SE 40TH TER
CityOCALA
StateFL
Zip34471-3137
Property CategoryResidential
Property TypeResidential > Single Family > Home
Local Zoning CodeR1
Legal DescriptionSEC 14 TWP 15 RGE 22 PLAT BOOK F PAGE 041 EASTWOOD PARK UNIT 1 BLK C LOT 1
Legal Range22E
Legal Township15S
Legal Section14
Legal SubdivisionEASTWOOD PARK
Legal BlockC
Legal Lot Number1
JurisdictionMARION FL
Township / Civil DivisionOCALA
Census Block Group2
Census Block2012
Census Tract2202

Owner

507 SE 40th Ter is owned and occupied by an individual who bought it in July 2024.

Source: Marion County records, as of December 29, 2025

Owner of RecordIndividual Name on File
Mailing Address507 SE 40TH TER, OCALA, FL 34471-3137
OccupancyOwner Occupied
Owner TypeIndividual
VestingSingle Woman

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

DateDocument
Sep 23, 2022Deed of Trust, Mortgage · Stand-Alone Second Mortgage
CAMPUS USA CU
Jul 2, 2024Warranty Deed, Transfer
STEWART TITLE COMPANY-F, STEWART TITLE COMPANY
Jul 15, 2021Warranty Deed, Transfer · Conventional Mortgage
AMERISAVE MORTGAGE CORP
Feb 7, 2020Deed of Trust, Mortgage · Line of Credit
CENTERSTATE BK NA
Sep 9, 2019Warranty Deed, Foreclosure
ATTORNEY ONLY
Jul 12, 2019Trustee's Deed, Foreclosure
ATTORNEY ONLY

Assessor's Deed Record

Deed NamesName on Deed
Last SaleJul 2, 2024 · Amount on File
Deed SaleJul 2, 2024 · Amount on File
Prior SaleJul 15, 2021 · Amount on File
Deed Document Number202486629
Deed Book / Page8363 / 1305
Prior Transfer DateJun 3, 2016
Prior Transfer Doc0064071240
Record UpdatedJun 8, 2026

September 2022: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION FL
Property Address507 SE 40TH TER, OCALA, FL 34471-3137
Transaction TypeMortgage
Record UpdatedDec 23, 2025

Transferred To (Grantee/Buyer)

NameVerified Name
Address507 SE 4TH ST, OCALA, FL 34471

Mortgage

Document Number0078851882
DateSep 23, 2022
Book Page7885/1882
Instrument2022138589
Lender
NameCAMPUS USA CU
TypeCredit Union
AddressNEWBERRY, FL 32669
Agreement
TypeStand-Alone Second Mortgage
AmountAmount on Record
Term145 Months
DueOct 1, 2034

July 2024: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION FL
Recording DateJul 2, 2024
Property Address507 SE 40TH TER, OCALA, FL 34471-3137
Document Number0083631305
Book / Page8363 / 1305
Map ReferenceMB F PG 41
Instrument DateJun 28, 2024
Instrument2024086629
Transaction TypeTransfer
Record UpdatedDec 23, 2025
Title CompanySTEWART TITLE COMPANY-F, STEWART TITLE COMPANY

Transaction

AmountAmount on Record
Tax$2,653.00
Amount AccuracyFull Amount Stated
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address507 SE 40TH TER, OCALA, FL 34471-3137

Transferred To (Grantee/Buyer)

NameVerified Name
Address507 SE 40TH TER, OCALA, FL 34471-3137
InvestorPossibly a Property Investor

July 2021: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMARION FL
Recording DateJul 15, 2021
Property Address507 SE 40TH TER, OCALA, FL 34471-3137
Document Number0075151279
Book / Page7515 / 1279
Map ReferenceMB F PG 41
Instrument DateJul 13, 2021
Instrument2021095754
Transaction TypeTransfer
Record UpdatedJul 29, 2022
Title CompanyMARION LAKE SUMTER TITLE LLC

Transaction

AmountAmount on Record
DownpaymentDownpayment on Record
Loan-to-Value (LTV)LTV on Record
Tax$2,180.50
Amount AccuracyRounded by County
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name
Address1309 SE 42ND AVE, 1309, OCALA, FL 34471-4946

Transferred To (Grantee/Buyer)

NameVerified Name
Address507 SE 40TH TER, OCALA, FL 34471-3137

Mortgage

Document Number0075151281
DateJul 15, 2021
Instrument7515/1281
Lender
NameAMERISAVE MORTGAGE CORP
TypeMortgage Company
Agreement
TypeConventional Mortgage
AmountAmount on Record
Term361 Months
DueAug 1, 2051

February 2020: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMARION FL
Property Address507 SE 40TH TER, OCALA, FL 34471-3137
Instrument DateFeb 7, 2020
Transaction TypeMortgage
Record UpdatedFeb 26, 2020
Title CompanyMLS TITLE

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipTenants by the Entirety
Address1309 SE 42ND AVE OCALA FL 344714946, OCALA, FL 34471-4946

Mortgage

Document Number71320040
DateFeb 11, 2020
Book Page007132/000040
Instrument15189
Lender
NameCENTERSTATE BK NA
TypeBank
AddressOCALA, FL 34470
Agreement
TypeLine of Credit
AmountAmount on Record
Interest
Rate TypeAdjustable Rate

September 2019: Warranty Deed, Foreclosure

Document TypeWarranty Deed
JurisdictionMARION FL
Recording DateSep 9, 2019
Property Address507 SE 40TH TER, OCALA, FL 34471-3137
Document Number0070361409
Book / Page007036 / 001409
Instrument DateJul 24, 2019
Instrument93684
Transaction TypeForeclosure
Record UpdatedSep 18, 2019
Title CompanyATTORNEY ONLY

Transaction

AmountAmount on Record
Tax$0.70
Additional
  • Arm's Length

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany

July 2019: Trustee's Deed, Foreclosure

Document TypeTrustee's Deed
JurisdictionMARION FL
Recording DateJul 12, 2019
Property Address507 SE 40TH TER, OCALA, FL 34471-3137
Document Number0070021533
Book / Page007002 / 001533
Instrument DateJul 1, 2019
Instrument72709
Transaction TypeForeclosure
Record UpdatedJul 19, 2019
Title CompanyATTORNEY ONLY

Transaction

AmountAmount on Record
Tax$1,085.70
Additional
  • Notice of Foreclosure Sale

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipCompany
Address10500 KINCAID DRIVESUITE 300 FISHERS IN 46037, FISHERS, IN 46037
InvestorPossibly a Property Investor

Tax Assessment & Valuation

The 2025 property tax bill for 507 SE 40th Ter was $5,033.

Source: Marion County assessment roll, as of December 29, 2025

Property Jurisdictions

TypeName
StateFlorida
CountyMarion County
MunicipalityOcala City
Unified School DistrictMarion County School District (PK - 12)

Tax Bill & Assessment History

YearTax BillAssessed ValueAssessed Market Value
2025$5,033.00$313,731 Land $61,299 Building $252,432$313,731 Land $61,299 Building $252,432
2023$5,311.00 (+10.65%)$282,293 (+8.1%) Land $61,299 Building $220,994$282,293 (+8.1%) Land $61,299 Building $220,994
2022$4,800.00$261,139 Land $61,299 Building $199,840$261,139 Land $61,299 Building $199,840

Assessed value and assessed market value are set for property tax purposes and are not market price estimates.

Flood

FEMA maps place 507 SE 40th Ter in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective September 18, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood ZoneZone X
minimal risk
Nearest Special Flood Hazard AreaZone AE, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Flood Insurance CostPremium on File
median of 32 policies
Community Rating SystemClass 3 (35% premium discount)
Nearby Flood Policies32 in force

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 507 SE 40th Ter is low, with a 0.03% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire RiskLow
lower than 95% of the US · lower than 95% of Florida
Wildfire Likelihood0.03% annual chance
ExposureDirect
burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water SystemOCALA, CITY OF (2 WTPS)
serves 66,449 people · EPA ID FL3420922
Water SourceGroundwater
Last State InspectionOct 2023
LeadUnder 1 ppb (2023)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 253 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Wire 3
Fiber
10,000 / 10,000
Metronet
Fiber
5,120 / 5,120
Cox Communications
Cable
2,000 / 100
Verizon
Fixed Wireless
300 / 20
CenturyLink
DSL
140 / 20

May also be available: Central Florida Broadband, Ocala Fiber Network.

Cell Coverage

5G (outdoors only) and 4G LTE

Nearby Properties on SE 40th Ter

Nearby Streets

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