NOT LISTED FOR SALE

12348 NW 90th Ave Reddick, FL 32686

Reddick-McIntosh Neighborhood

Estimated Value: $1,175,000

1 Bed
1 Bath
500 Sq Ft
$2,350/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $1,980,000 $3,960 Per Sq Ft

Est. 41% decrease in value since last sale

Current estimated payment $6,582/month

195 Days on Market

Highlights

  • View of Trees or Woods
  • Pasture
  • Tack Room
  • 40 Acre Lot
  • Barn Apartment
  • Tile Flooring

About This Home

As of March 2021

A stunning 40 acres in NW Ocala s beautiful horse country can be yours! A fifteen-minute drive to WEC, and surrounded by other beautiful farms, this well-groomed farm provides the perfect spot for you to design and build the farm you ve always dreamed of. The current amenities include board fenced rolling green pastures, gated entrance and paved driveways, lush landscaping, an irrigation system, and a designated irrigation well. The 12-stall barn is of frame construction, with concrete block stalls. It features an apartment, tack room, and wash rack. This beautiful farm is abundant with mature shade trees, providing shade for your horses, as well as breathtaking vistas. Come build your dream home on a farm with plenty of room to breathe; ride your horses safely and quietly in Ocala s esteemed horse country. Any discipline would be right at home on this farm.

Last Agent to Sell the Property

Matt Varney

OCALA HORSE PROPERTIES, LLC License #3283666 Listed on: 07/28/2020

Last Buyer's Agent

Matt Varney

OCALA HORSE PROPERTIES, LLC License #3283666 Listed on: 07/28/2020

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $18,900

Year Built

  • Built in 1977

Lot Details

  • 40 Acre Lot
  • East Facing Home
  • Board Fence
  • Wire Fence
  • Irrigation Equipment
  • Cleared Lot
  • Property is zoned A1

Home Design

  • Farm
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 500 Sq Ft Home
  • Tile Flooring
  • Views of Woods
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Farming

  • Barn Apartment
  • Frame Barn
  • Pasture
  • Horse Farm

Horse Facilities and Amenities

  • Wash Rack
  • Tack Room

Utilities

  • Cooling System Mounted To A Wall/Window
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 05999-000-00

Property Details

Property Type

Other

Est. Annual Taxes

$18,900

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Farm
  • Construction Materials: Wood Frame
  • Living Area: 500.00
  • Lot Size Acres: 40.00
  • Year Built: 1977
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM606593?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM606593?w=Customer
  • Lot Size Sq Ft: 1742400
  • Barn Features: Barn Apartment, Block, Frame, Tack Room, Washrack
  • Farm Type: Horse
  • List Office Head Office Key Nume: 529793806
  • Status: Sold
  • Street Direction: NW
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 3
  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Appliances Included: Microwave
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: One
  • Other Equipment: Irrigation Equipment
  • Living Area Meters: 46.45

Exterior Features

  • Direction Faces: East
  • Other Structures: Barn(s)
  • Roof: Metal
  • Flood Zone Code: AE
  • Flood Zone Date: 08/28/2008
  • Flood Zone Panel: 12083C0284D
  • View: Trees/Woods
  • Road Surface Type: Paved

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Wall/Window Unit(s)
  • Sewer: Septic Tank
  • Water Source: Well

Lot Info

  • Total Acreage: 20 to less than 50
  • Zoning: A1
  • Parcel Number: 05999-000-00
  • Fencing: Board, Wire
  • Lot Features: Cleared, In County, Pasture, Street Paved
  • Lot Size Square Meters: 161874

Tax Info

  • Tax Annual Amount: 18900.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 14, 2025
Sold by
Harms John T
Bought by
Harms Corp
Current Estimated Value
$1,175,000

Purchase Details

Listed on
Jul 28, 2020
Closed on
Mar 25, 2021
Sold by
Hecht Evan and Hecht Tiara L
Bought by
Harms John T
Seller's Agent
Matt Varney
OCALA HORSE PROPERTIES, LLC
Buyer's Agent
Matt Varney
OCALA HORSE PROPERTIES, LLC
List Price
$2,895,000
Sold Price
$1,980,000
Premium/Discount to List
-$915,000
-31.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-10.47%
Original Mortgage
$4,000,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
May 15, 2017
Sold by
Barber Cheri B
Bought by
Hecht Evan and Hecht Tiara L

Purchase Details

Closed on
Aug 22, 2005
Sold by
Arabitg Richard and Arabitg Jennifer
Bought by
Arabitg Jennifer

Purchase Details

Closed on
Apr 20, 2005
Sold by
Martinache Charles G and Martinache Sharon K
Bought by
Arabitg Richard and Arabitg Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 30, 2001
Sold by
Alliance Funding Company
Bought by
Martinache Charles G and Martinache Sharon K

Purchase Details

Closed on
Oct 12, 2000
Sold by
Raburn Anthony Lee and Raburn Anthony L
Bought by
Alliance Funding Company
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Harms Corp $100 None Listed On Document
Harms John T $1,980,000 Attorney
Hecht Evan $500,000 Attorney
Arabitg Jennifer -- The Title Group Of Central F
Arabitg Richard $1,600,000 Advance Homestead Title Inc
Martinache Charles G $840,000 Consumer Title & Escrow Serv
Alliance Funding Company -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Harms John T $4,000,000
Previous Owner Arabitg Richard $1,000,000
Closed Arabitg Richard $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2021 03/30/21 Sold $1,980,000 -31.6% $3,960 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
07/28/2020 07/28/20 For Sale $2,895,000 -- $5,790 / 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 $5,115 $240,003 -- --
2023 $5,115 $218,572 $0 $0
2022 $3,535 $198,538 $0 $0
2021 $6,817 $449,682 $383,189 $66,493
2020 $5,769 $338,222 $270,488 $67,734
2019 $19,486 $1,159,651 $0 $0
2018 $18,338 $1,136,909 $0 $0
2017 $17,125 $1,061,372 $0 $1,061,372
2016 $17,059 $1,043,332 $0 $0
2015 $11,063 $648,000 $0 $0
2014 $8,839 $560,237 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Matt Varney

    Seller's Agent in 2021

    Matt Varney

    OCALA HORSE PROPERTIES, LLC

    (352) 615-7001

    69 in this area

    264 Total Sales

    Matt Varney
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: OM606593

Stellar MLS

APN: 05999-000-00

Florida Marion County Reddick 32686 Reddick-McIntosh

12348 NW 90th Ave, Reddick, FL

Not Listed for Sale

Other

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

Nearby Homes