NOT LISTED FOR SALE

12011 N Magnolia Ave Ocala, FL 34475

Estimated Value: $1,429,000 - $2,264,323

3 Beds
3 Baths
3,513 Sq Ft
$505/Sq Ft Est. Value

Last Sold May 04, 2015

Last sale price $650,000 $185 Per Sq Ft

Est. 173% increase in value since last sale

Current estimated payment $10,036/month

148 Days on Market

Highlights

  • 21 Horse Stalls
  • Horse Property
  • No HOA
  • Barn
  • 24.19 Acre Lot
  • 2 Car Attached Garage

About This Home

As of May 2015

Once you drive into the pristine Marnick Farm you will fall in love. This 24 acre farm is in the sought after Meadowlands Equestrian Community just minutes from HITS, OBS, shopping, fine dining and award winning golf courses in Ocala Fl. This farm has it all entertain your family and friends on the enclosed patio and family room with wet bar, cozy up to your fireplace on cool evenings. Your four legged friends will love the barns, riding pen and lush pastures, the primary barn even has a 2 story apartment. Lots of room for jumps and riding activities. This is a showcase farm in the middle of horse country you won't want to miss out on.

Last Agent to Sell the Property

Valerie Dailey

SHOWCASE PROPERTIES OF CENTRAL License #3143790 Listed on: 10/10/2014

Last Buyer's Agent

Laurie Whelpley-Baker

SHOWCASE PROPERTIES OF CENTRAL License #3057772

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $3,600

Year Built

  • Built in 1982

Lot Details

  • 24.19 Acre Lot
  • Wood Fence
  • Irrigation
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned A-1 General Agriculture

Parking

  • 2 Car Attached Garage

Home Design

  • Farm
  • Brick Exterior Construction
  • Shingle Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,513 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vinyl Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Horse Property
  • Screened Patio

Schools

  • Sparr Elementary School
  • North Marion Middle School
  • North Marion High School

Farming

  • Barn
  • Pasture

Horse Facilities and Amenities

  • 21 Horse Stalls
  • Round Pen
  • Race Track
  • Riding Trail

Utilities

  • Central Air
  • Heating System Uses Propane
  • Power Generator
  • 1 Water Well
  • Electric Water Heater
  • 2 Septic Tanks

Community Details

  • No Home Owners Association
  • 5,607 Sq Ft Building
  • Meadowlands Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Property Available on 10/10/14
  • Tax Lot 9
  • Assessor Parcel Number 08483-009-00

Property Details

Property Type

Other

Est. Annual Taxes

$3,600

Year Built

Built in 1982

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Farm
  • Construction Materials: Block, Brick, Concrete
  • Fireplace: Yes
  • Living Area: 3513
  • Lot Size Acres: 24.19
  • New Construction: No
  • Year Built: 1982
  • Building Area Total: 5607
  • Lot Size Sq Ft: 1053716
  • Directions to Property: NORTH ON 441 TO THE ENTRANCE OF THE MEADOWLANDS(NW 117TH) TURN RIGHT, FIRST LEFT ONTO MAGNOLA AVE. FARM IS ON THE RIGHT JUST PAST NE 120TH.
  • Status: Sold
  • Street Direction: N
  • List Office Head Office Key Nume: 1044897
  • RATIO Current Price By Calculate: 185.03
  • Total Acreage: 20 to less than 50
  • Water Access YN: 0
  • Barn Features: Barn Apartment,Barn Office,Bathroom,Feed Room,Fly Spray System,Hay,Horse Barn,Washrack
  • Number Of Stalls: 21
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Eat-in Kitchen, Wet Bar
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Refrigerator, Washer
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 12011
  • Room Count: 0

Exterior Features

  • Other Structures: Barn(s)
  • Exterior Features: Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • Patio and Porch Features: Screened
  • Water Extras YN: 0
  • Water View YN: 0
  • Farm Type: Horse

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Electric: Generator
  • Heating: Electric, Propane
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 2
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association: No
  • Security: Security System
  • Senior Community: No

Schools

  • Elementary School: Sparr Elementary School
  • High School: North Marion High School
  • Middle Or Junior School: North Marion Middle School

Lot Info

  • Zoning: A-1 General Agriculture
  • Parcel Number: 08483-009-00
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: Cleared, Pasture, Paved
  • Horse Amenities: Hot Water, Race Track, Round Pen, Riding/Walking Trails
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2014-10-10
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 3600
  • Tax Book Number: T-095
  • Tax Lot: 9

Multi Family

  • Total Num Buildings: 5
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2014
Closed on
Apr 20, 2015
Sold by
Schmerbauch John F
Bought by
Merle Smith Barton N and Merle Smith Susan H
Seller's Agent
Valerie Dailey
SHOWCASE PROPERTIES OF CENTRAL
Buyer's Agent
Laurie Whelpley-Baker
SHOWCASE PROPERTIES OF CENTRAL
List Price
$800,000
Sold Price
$650,000
Premium/Discount to List
-$150,000
-18.75%
Current Estimated Value
$1,774,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,124,441
Avg. Annual Appreciation
10.65%
Original Mortgage
$417,000
Outstanding Balance
$323,441
Interest Rate
3.87%
Mortgage Type
New Conventional
Estimated Equity
$1,532,203

Purchase Details

Closed on
Jun 28, 2011
Sold by
Schmerbauch John F
Bought by
Schmerbaugh John F and The John F Schmerbauch Revocable Living
Source: Public Records

Range of Values:

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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
Merle Smith Barton N $650,000 Stewart Title Company
Schmerbaugh John F -- Attorney
Schmerbauch John F -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Merle Smith Barton N $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Off Market $650,000 -- --
05/04/2015 05/04/15 Sold $650,000 -18.8% $185 / Sq Ft
03/07/2015 03/07/15 Pending -- -- --
10/10/2014 10/10/14 For Sale $800,000 -- $228 / 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
2024 $6,978 $420,309 -- --
2023 $6,329 $400,401 $0 $0
2022 $6,144 $382,292 $0 $0
2021 $6,135 $387,539 $0 $0
2020 $5,813 $352,117 $0 $0
2019 $5,626 $337,425 $0 $0
2018 $5,133 $320,417 $0 $0
2017 $5,128 $318,950 $0 $318,950
2016 $5,150 $316,569 $0 $0
2015 $4,562 $276,150 $0 $0
2014 -- $267,623 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Valerie Dailey

    Seller's Agent in 2015

    Valerie Dailey

    SHOWCASE PROPERTIES OF CENTRAL

    (352) 351-4718

    7 in this area

    170 Total Sales

    Valerie Dailey
    Section Image
  • Laurie Whelpley-Baker

    Buyer's Agent in 2015

    Laurie Whelpley-Baker

    SHOWCASE PROPERTIES OF CENTRAL

    (352) 843-5300

    1 in this area

    55 Total Sales

    Laurie Whelpley-Baker
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM415322

Stellar MLS

APN: 08483-009-00

Florida Marion County Ocala 32113

12011 N Magnolia Ave, Ocala, FL

This home is located at 12011 N Magnolia Ave, Ocala, FL 34475 since 10 October 2014 and is currently estimated at $1,774,441, approximately $505 per square foot. This property was built in 1982. 12011 N Magnolia Ave is a home located in Marion County with nearby schools including Sparr Elementary School, North Marion Middle School, and North Marion High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



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

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