NOT LISTED FOR SALE

11150 NW 104th Place Reddick, FL 32686

Estimated Value: $1,716,000 - $2,546,000

3 Beds
3 Baths
2,480 Sq Ft
$891/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $2,500,000 $1,008 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $12,528/month

92 Days on Market

Highlights

  • 28 Acre Lot
  • Tile Flooring
  • Cross Fenced
  • No HOA
  • Central Air
  • East Facing Home

About This Home

As of August 2021

The 44 acres PHOENIX SOUTH Farm has a lot to offer: a private gated entrance lined with amazing magnolia trees, 4 miles to HITS and 11 miles to WEC, a 3/3 owner's home, and some of the most beautiful sceneries in Ocala. The farm generates over $280,000 dollars in income per year. The perfect set-up for Hunter/Jumpers in a key location, close to WEC and HITS. This farm has it all: 3 large barns (86 stalls total) large grooming areas, laundry room, several tack rooms/feed rooms & wash racks in all the barns. 3 huge jump fields for training, 3 huge turnout fields for mares and foals and a large number of shaded individual turnout paddocks make this property perfect for a large training facility, private boarding and seasonal rentals. Situated under the canopy of large oak trees you will find that this 'move in ready & start training' farm is complete with a main residence featuring 3 bedrooms and 3 baths, 5 additional apartments and 3 RV Hook ups. This farm is priced to sell, schedule your showing today.

Last Agent to Sell the Property

George De Benedicty

PEGASUS REALTY & ASSOC INC License #0371345 Listed on: 05/11/2021

Co-Listed By

Kirk Webby

PEGASUS REALTY & ASSOC INC License #3486037

Last Buyer's Agent

George De Benedicty

PEGASUS REALTY & ASSOC INC License #0371345 Listed on: 05/11/2021

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $9,083

Year Built

  • Built in 1978

Lot Details

  • 28 Acre Lot
  • Lot Dimensions are 1192x1624
  • East Facing Home
  • Cross Fenced
  • Board Fence
  • Property is zoned A1

Home Design

  • Farm
  • Stem Wall Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,480 Sq Ft Home
  • 1-Story Property
  • Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air
  • Heat Pump System
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

Property Details

Property Type

Other

Est. Annual Taxes

$9,083

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Farm
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 2480
  • Lot Size Acres: 28
  • New Construction: No
  • Year Built: 1978
  • Building Area Total: 3892
  • Lot Size Sq Ft: 1924916
  • Status: Sold
  • Street Direction: NW
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM619970?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM619970?w=Customer
  • Homestead Y N: No
  • Total Acreage: 20 to less than 50
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.9434
  • Price per Sq Ft: 1008.06
  • Close to Original List Price Ratio: 0.96154
  • Ratio: Current Price\Building Area Total: 642.34
  • View: No
  • Co List Office Mls Id: 271500147
  • Co List Office Phone: 352-629-4505
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Interior Amenities: Other
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Room Count: 4

Exterior Features

  • Direction Faces: East
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Sewer: Septic Tank
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: A1
  • Parcel Number: 12276-001-00
  • Additional Parcels: No
  • Current Use: Horses
  • Fencing: Board, Cross Fenced
  • Lot Dimensions: 1192x1624
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 9083.42
  • Tax Block: x
  • Tax Book Number: 6791/1856
  • Tax Lot: x

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Aug 20, 2021
Sold by
Pdt Properties Llc
Bought by
Equihay Stables Llc
Seller's Agent
George De Benedicty
PEGASUS REALTY & ASSOC INC
Buyer's Agent
George De Benedicty
PEGASUS REALTY & ASSOC INC
List Price
$2,600,000
Sold Price
$2,500,000
Premium/Discount to List
-$100,000
-3.85%
Current Estimated Value
$2,209,889

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$290,111
Avg. Annual Appreciation
-2.75%
Original Mortgage
$900,000
Outstanding Balance
$811,759
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,398,130

Purchase Details

Listed on
Aug 28, 2017
Closed on
Jun 29, 2018
Sold by
Stewart Donald E and Stewart Nancy K
Bought by
Pdt Properties Llc
Seller's Agent
George De Benedicty
PEGASUS REALTY & ASSOC INC
Buyer's Agent
George De Benedicty
PEGASUS REALTY & ASSOC INC
List Price
$1,400,000
Sold Price
$1,200,000
Premium/Discount to List
-$200,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.24%

Purchase Details

Closed on
Feb 20, 2004
Sold by
Wettermann Peter H and Wettermann Penny F
Bought by
Stewart Donald E and Stewart Nancy K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.63%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2003
Sold by
Skrob Robert and Skrob Joyce
Bought by
Wettermann Peter H and Wettermann Penny F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Equihay Stables Llc $100 None Listed On Document
Equihay Stables Llc $2,500,000 Leas & Ball Pa
Pdt Properties Llc $1,200,000 Attorney
Stewart Donald E $722,000 --
Wettermann Peter H $765,000 Affiliated Title Of Marion C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Equihay Stables Llc $900,000
Closed Equihay Stables Llc $900,000
Previous Owner Stewart Donald E $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/20/2021 08/20/21 Sold $2,500,000 -5.7% $1,008 / Sq Ft
08/11/2021 08/11/21 Price Changed $2,650,000 +43.2% $1,069 / Sq Ft
08/10/2021 08/10/21 Pending -- -- --
06/22/2021 06/22/21 Price Changed $1,850,000 -5.1% $746 / Sq Ft
06/01/2021 06/01/21 Price Changed $1,950,000 +2.6% $786 / Sq Ft
05/28/2021 05/28/21 Price Changed $1,900,000 -26.9% $766 / Sq Ft
05/10/2021 05/10/21 For Sale $2,600,000 +116.7% $1,048 / Sq Ft
06/29/2018 06/29/18 Sold $1,200,000 -14.3% $484 / Sq Ft View Prior Sale
03/27/2018 03/27/18 Pending -- -- --
08/28/2017 08/28/17 For Sale $1,400,000 -- $565 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,631 $684,315 -- --
2024 $11,314 $633,543 -- --
2023 $10,417 $576,500 $0 $0
2022 $9,812 $535,141 $0 $0
2021 $8,798 $455,466 $26,327 $429,139
2020 $9,083 $469,205 $39,467 $429,738
2019 $7,389 $965,696 $626,894 $338,802
2018 $6,208 $350,658 $53,928 $296,730
2017 $5,877 $329,056 $43,766 $285,290
2016 $5,517 $302,702 $0 $0
2015 $5,371 $288,667 $0 $0
2014 $4,934 $276,669 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • George De Benedicty

    Seller's Agent in 2021

    George De Benedicty

    PEGASUS REALTY & ASSOC INC

    (352) 895-8900

    27 in this area

    89 Total Sales

    George De Benedicty
    Section Image

  • K

    Seller Co-Listing Agent in 2021

    Kirk Webby

    PEGASUS REALTY & ASSOC INC

    (352) 629-4505

    3 in this area

    26 Total Sales

    Kirk Webby
    Section Image
  • Don Stewart

    Seller Co-Listing Agent in 2018

    Don Stewart

    M B REAL ESTATE GROUP INC

    (352) 804-0805

    4 in this area

    49 Total Sales

    Don Stewart
    Section Image
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Map

Source: Stellar MLS

MLS Number: OM619970

Stellar MLS

APN: 12276-001-00

Florida Marion County Reddick 32686

11150 NW 104th Place, Reddick, FL

Not Listed for Sale

Other

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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