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

Marion County property record for 524 SE 40th Ter, Ocala, FL 34471

Property Summary

Property Type	Single Family Home
Details	3 bd · 2 ba · 2,247 sqft · built 1967
Lot Size	0.55 acres (23,958 sqft)
Owner	Individual Name on File
Last Sale	$294,000 (Oct 2022)
Tax Bill	$1,436 (2025)
Deeds & Mortgages	Apr 2024 Line of Credit Oct 2022 Sale + 2 more
Flood Zone	Zone X (minimal risk)
APN	`2774-002-007`

Property Details

APN / Parcel Number

Primary APN	`2774-002-007`
Alternative APN	`0655368000`

Interior

Bedrooms	3 Beds
Full Baths	2 Baths
Stories	1 Story
Building Area	2,247 sqft Living Area
1st Floor Area	2,247 sqft
Interior Walls	Wallboard/Drywall
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1967
Effective Year Built	Effective 2004
Exterior Material	Concrete Block
Foundation Type	Block
Roof Type	Gable
Roof Material	Asphalt
Lot Area	23,958 sqft (0.55 acres)
Lot Dimensions	140 ft deep x 170 ft wide
Garage Type	Carport
Carport	Carport
Carport Area	420 sqft
Parking Spaces	2 Parking Spaces

Exterior Amenities

Porch	Porch
Porch Area	309 sqft
Deck Area	384 sqft
Patio Area	384 sqft
Outdoor Kitchen / BBQ	Outdoor Kitchen / BBQ

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	Central
Heating Fuel	Gas

Location & Zoning

Account Number	0655368000
Old Parcel Number	2774002007
Street Address	524 SE 40TH TER
City	OCALA
State	FL
Zip	34471-3138
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R1
Legal Description	SEC 14 TWP 15 RGE 22
Legal Range	22E
Legal Township	15S
Legal Section	14
Legal Subdivision	EASTWOOD PARK UN 01
Legal Block	B
Legal Lot Number	6,7
Jurisdiction	MARION FL
Township / Civil Division	OCALA
Census Block Group	2
Census Block	2011
Census Tract	2202

Owner

524 SE 40th Ter is owned and occupied by an individual who bought it in October 2022.

Source: Marion County records, as of January 2, 2026

Owner of Record	Individual Name on File
Mailing Address	524 SE 40TH TER, OCALA, FL 34471-3138
Occupancy	Owner Occupied
Owner Type	Individual

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

Date	Document
Apr 29, 2024	Deed of Trust, Mortgage · Line of Credit ONE FLORIDA BANK
Oct 5, 2022	Warranty Deed, Transfer SUNSTATE TITLE LLC
Jul 9, 2021	Deed of Trust, Mortgage · FHA Mortgage DMI MORTGAGE SERVICING
Mar 22, 2019	Warranty Deed, Transfer · FHA Mortgage ROYAL PACIFIC FUNDING CORP

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Oct 5, 2022 · Amount on File
Deed Sale	Oct 5, 2022 · Amount on File
Prior Sale	Mar 22, 2019 · Amount on File
Deed Document Number	2022142848
Deed Book / Page	7892 / 1744
Record Updated	Jun 8, 2026

April 2024: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION FL
Property Address	524 SE 40TH TER, OCALA, FL 34471-3138
Transaction Type	Mortgage
Record Updated	May 22, 2024

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	2315 LYNX LN 6, 6, ORLANDO, FL 32804-4702

Mortgage

Document Number	0083091706
Date	Apr 29, 2024
Book Page	8309/1706
Instrument	2024054514

Lender

Name	ONE FLORIDA BANK
Type	Bank
Address	33 W PINELOCH AVE STE A, ORLANDO, FL 32806

Agreement

Type	Line of Credit
Amount	Amount on Record

October 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION FL
Recording Date	Oct 5, 2022
Property Address	524 SE 40TH TER, OCALA, FL 34471-3138
Document Number	0078921744
Book / Page	7892 / 1744
Map Reference	MB F PG 41
Instrument Date	Sep 26, 2022
Instrument	2022142848
Transaction Type	Transfer
Record Updated	Jan 5, 2026
Title Company	SUNSTATE TITLE LLC

Transaction

Amount	Amount on Record
Tax	$2,058.00
Amount Accuracy	Rounded by County
Additional	Lis Pendens Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	524 SE 40TH TER, OCALA, FL 34471-3138

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	524 SE 40TH TER, OCALA, FL 34471-3138

July 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	MARION FL
Property Address	524 SE 40TH TER, OCALA, FL 34471-3138
Transaction Type	Mortgage
Record Updated	Jul 28, 2021

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	524 SE 40TH TER, OCALA, FL 34471-3138

Mortgage

Document Number	0075100708
Date	Jul 9, 2021
Book Page	7510/708
Instrument	2021092564

Lender

Name	DMI MORTGAGE SERVICING
Address	DALLAS, TX 75201

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	333 Months
Due	Apr 1, 2049

March 2019: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MARION FL
Recording Date	Mar 22, 2019
Property Address	524 SE 40TH TER, OCALA, FL 34471-3138
Document Number	0069350091
Book / Page	6935 / 0091
Map Reference	MB F PG 41
Instrument Date	Mar 20, 2019
Instrument	2019029119
Transaction Type	Transfer
Record Updated	Feb 1, 2022
Title Company	MARION LAKE SUMTER TITLE LLC

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$1,393.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	1670 MERIDIAN RD, 1670, THOMASVILLE, GA 31792-0415

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	524 SE 40TH TER, OCALA, FL 34471-3138

Mortgage

Document Number	2019029120
Date	Mar 22, 2019
Instrument	2019029120

Lender

Name	ROYAL PACIFIC FUNDING CORP
Type	Funding / Finance Company

Agreement

Type	FHA Mortgage
Amount	Amount on Record
Term	361 Months
Due	Apr 1, 2049

Tax Assessment & Valuation

The 2025 property tax bill for 524 SE 40th Ter was $1,436 with a homeowner's exemption.

Source: Marion County assessment roll, as of July 1, 2025

Property Jurisdictions

Type	Name
State	Florida
County	Marion County
Municipality	Ocala City
Unified School District	Marion County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2025	$1,436.00 Homeowner's exemption	$103,782 Land $74,970 Building $28,812	$300,187 Land $74,970 Building $225,217
2023	$1,364.00 (-65.04%) Homeowner's exemption	$97,919 (-60.84%) Land $74,970 Building $22,949	$272,234 (+8.86%) Land $74,970 Building $197,264
2022	$3,902.00	$250,074 Land $74,970 Building $175,104	$250,074 Land $74,970 Building $175,104

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 524 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 Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 32 policies
Community Rating System	Class 3 (35% premium discount)
Nearby Flood Policies	32 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 524 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 Risk	Low lower than 95% of the US · lower than 95% of Florida
Wildfire Likelihood	0.03% annual chance
Exposure	Direct 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 System	OCALA, CITY OF (2 WTPS) serves 66,449 people · EPA ID FL3420922
Water Source	Groundwater
Last State Inspection	Oct 2023
Lead	Under 1 ppb (2023) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 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

Provider	Max 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

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