Sold
Last Sold Price
3 beds1,104 sqft
15840 SW 40th Place Rd, Ocala, FL 34481
Single FamilyProperty Type
0.23 acresLot Size
2023Year Built
$213/sq ftPrice per sq ft

Description

Welcome to Rainbow Park a fast growing community located between Ocala and Dunnellon and just a short drive to WEC. Whether you are someone buying a home for the first time, downsizing or looking to invest in an income producing property, You are going to fall in love with the location and this stunning modern home that combines sleek design with the charm of rural living. Just a few of the features offered are upgraded wood cabinetry, sleek granite counters, walk in closets, fully tiled showers,...Welcome to Rainbow Park a fast growing community located between Ocala and Dunnellon and just a short drive to WEC. Whether you are someone buying a home for the first time, downsizing or looking to invest in an income producing property, You are going to fall in love with the location and this stunning modern home that combines sleek design with the charm of rural living. Just a few of the features offered are upgraded wood cabinetry, sleek granite counters, walk in closets, fully tiled showers, indoor laundry, and luxury vinyl plank flooring.
  • Listed by: Angela Rushing PA 352.274.8014 arushingrealtor@gmail.com Brokerage DRE #1052878 • BRICKS & MORTAR REAL ESTATE
Listing closed: 08/08/2023 12:00 AM • Source: MFRMLS, MLS#: OM660787

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Recent comparable sales

Median sold price

$212,000

Avg days on market

68

Sale-to-list ratio

98.5%

Ocala, FL

9 comparable properties found

$224,500 | 15756 Southwest 40th Place, Ocala, FL 34481
1/2
1

$224,500

Sold 01/10/25

3
Bedrooms
1,089
Square Feet
0.23
Acres
front view of a house with a yard
1/2
2

$210,000

Sold 11/07/25

3
Bedrooms
1,089
Square Feet
0.23
Acres
$212,000 | 15930 Southwest 41st Street, Ocala, FL 34481
1/2
3

$212,000

Sold 01/31/25

3
Bedrooms
1,066
Square Feet
0.23
Acres
$227,000 | 15670 Southwest 40th Place Road, Ocala, FL 34481
1/2
4

$227,000

Sold 12/17/24

3
Bedrooms
1,127
Square Feet
0.23
Acres
a front view of a house with a yard
1/2
5

$210,000

Sold 03/13/25

3
Bedrooms
1,066
Square Feet
0.23
Acres
a front view of house with yard and trees
1/2
6

$209,000

Sold 03/17/25

3
Bedrooms
1,066
Square Feet
0.28
Acres
a front view of a house with a garden and trees
1/2
7

$223,500

Sold 11/12/25

3
Bedrooms
1,130
Square Feet
0.23
Acres
a front view of a house with a yard
1/2
8

$209,995

Sold 05/16/26

3
Bedrooms
1,066
Square Feet
0.23
Acres
a front view of a house with a yard and trees
1/2
9

$214,000

Sold 05/15/26

3
Bedrooms
1,066
Square Feet
0.23
Acres

Location

Listing Courtesy of BRICKS & MORTAR REAL ESTATE

Sold By STELLAR NON-MEMBER OFFICE

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Payment Calculator

$1,262 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,255

Property Taxes

$7

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 15840 Southwest 40th Place Road

Property Details
  • Taxes: $85 / year
  • MLS Type: Residential / Single Family Residence
  • Subdivision Name: RAINBOW PARK
  • Township: 15
  • Waterfront: No
  • Furnished: Negotiable
Building Information
  • Year Built: 2023
  • Lot Size: 0.23 AC / 10,125 SF
Summary
Location and General Information
  • Building Area Source: Builder
  • Building Area Total: 1170.0
  • Building Area Units: Square Feet
  • Direction Faces: Northwest
  • Directions: From Highway 40 turn onto SW 159th Ct, turn onto SW 40th Pl Rd
  • Elementary School: Dunnellon Elementary School
  • Middle Or Junior School: Dunnellon Middle School
  • High School: Dunnellon High School
  • Mls Major Change Type: Sold
  • Major Change Type: Closed
  • Listing Service: Full Service
  • Senior Community: No
  • Unit Number: No
  • Street Number: 15840
  • Street Direction Prefix: SW
  • Street Name: 40th Pl
  • Street Suffix: ROAD
  • State: FL
  • City: OCALA
Parking
  • Carport: No
  • Garage: No
Taxes and HOA Information
  • Association Approval Required: No
  • Association: No
  • CDD: No
  • Tax Block: 103
  • Tax Book Number: G/034
  • Tax Legal Description: SEC 35 TWP 15 RGE 19 PLAT BOOK G PAGE 034 RAINBOW PARK UNIT 3 BLK 103 LOT 4
  • Tax Lot: 4
  • Tax Year: 2022
Property
Lot Information
  • Additional Parcels: No
  • Lot Features: Cleared, In County, Level
  • Lot Size Dimensions: 75 x 135
  • Parcel Number: 2003103004
  • Total Acreage: 0 to less than 1/4
  • Water Access: No
  • Water Extras: No
  • Zoning: R1
  • Living Area: 1104
  • Lot Dimensions: 75 x 135
Property and Assessments
  • Year Built Numeric: 2023
  • Flood Zone Code: X
  • Homestead: No
  • New Construction: Yes
  • Property Condition: Completed
  • Public Survey Range: 19
  • Public Survey Section: 35
Utilities
  • Sewer: Septic Tank
  • Utilities: BB/HS Internet Available, Electricity Connected
  • Water Source: Well
Interior and Exterior Features
Exterior Features
  • Builder Model: St Augustine
  • Builder Name: Jason Rector Construction
  • Construction Materials: Wood Frame
  • Exterior Features: Irrigation System, Private Mailbox, Sliding Doors
  • Foundation Details: Slab
  • Levels: One
  • Patio And Porch Features: Covered, Front Porch
  • Pool Private: No
  • Pool: None
  • Pool Private: No
  • Roof: Shingle
  • Vegetation: Trees/Landscaped
  • Waterfront Feet Total: 0
Interior Features
  • Bedrooms Total: 3
  • Bathrooms Full: 2
  • Additional Rooms: Inside Utility
  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Cooling: Central Air
  • Fireplace: No
  • Flooring: Luxury Vinyl
  • Heating: Central
  • Interior Features: Solid Wood Cabinets, Ceiling Fan(s), High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Open Floorplan, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Laundry Features: Inside
  • Living Area Source: Builder
  • Living Area Units: Square Feet
  • Room Count: 6.0
  • Water View: No
  • Bathrooms Half: 0
Rental
Rental Information
  • Minimum Lease Period: 0

Property History for 15840 Southwest 40th Place Road

DateEvent & SourcePriceAppreciation
Aug 8, 2023

Sold (Public Record)

Public Record #1516600850

$235,000—
Aug 8, 2023

Sold

MFRMLS #OM660787

$235,000—
Jul 27, 2023

Pending

MFRMLS #OM660787

—
DateEvent & SourcePrice
08/08/2023

Sold (Public Record)

Public Record #1516600850

$235,000
08/08/2023

Sold

MFRMLS #OM660787

$235,000
07/27/2023

Pending

MFRMLS #OM660787

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 15840 Southwest 40th Place Road

Taxable ValueLand$11,900Additions$153,092Total$164,992
Tax Record2025$3,047 ($254 / month)
Home Facts
Beds3Total Finished SqFt1,111 SqFtAbove Grade Finished SqFt1,111 SqFtStories1Lot Size10,019 SqFtStyleSingle Family ResidenceYear Built2023ZoningR1CountyMARIONAPN2003-103-004

Schools near 15840 Southwest 40th Place Road

This home is within Marion County Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - K to 8
Rating
School
Distance
Dunnellon Elementary School
PublicPK to 5

Dunnellon Middle School
Public6 to 8

Dunnellon High School
Public9 to 12

Ina A.Colen Academy
CharterK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of BRICKS & MORTAR REAL ESTATE

Based on information from one of the following Multiple Listing Services: Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Pensacola Association of REALTORS®, Amelia Island Nassau County Association of REALTORS and NEFMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.