NOT LISTED FOR SALE

12885 W Highway 40 Ocala, FL 34481

Rainbow Park Area

Estimated Value: $219,000 - $728,414

2 Beds
1.5 Baths
1,080 Sq Ft
$510/Sq Ft Est. Value

Sale Details

Date Sold: September 3, 2014

Last sale price $415,000 $384 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $3,414 / mo

196 Days on Market

Highlights

  • 7 Paddocks and Pastures
  • Barn
  • 10.1 Acre Lot
  • 10 Horse Stalls
  • Gated Community
  • Wood Flooring

About This Home

As of September 2014

Stunning 10 acre show farm in Oaks and Meadows deed restricted gated equestrian community off of HWY 40 in Ocala, Marion County. Property has many amenities 2/2.5 gorgeous barn apartment with granite counter tops, cherry cabinets, stainless steel appliances with gas range. Open floor plan with tile and hardwood floors throughout. 10 stall center aisle horse barn is immaculate with feed and tack room and 1/2 bath. Also included is a nice 4 bay 32x70 concrete garage/shop with electric. It's a great place to store your trailer and tractors. 7 pastured paddocks with automatic waters and a round pen next to big grand daddy oaks complete this showcase of a farm.

Last Agent to Sell the Property

Valerie Dailey

SHOWCASE PROPERTIES OF CENTRAL License #3143790 Listed on: 01/24/2014

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,108

Year Built

  • Built in 2006

Lot Details

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

Parking

  • 4 Car Garage

Home Design

  • Metal Roof

Interior Spaces

  • 1,080 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Fire and Smoke Detector

Outdoor Features

  • 7 Paddocks and Pastures
  • Rain Gutters

Schools

  • Dunnellon Elementary School
  • Dunnellon Middle School
  • Dunnellon High School

Farming

  • Barn
  • Farm
  • Pasture

Horse Facilities and Amenities

  • 10 Horse Stalls
  • Round Pen
  • Race Track

Utilities

  • Central Air
  • Heating Available
  • 1 Water Well
  • 1 Septic Tank

Listing and Financial Details

  • Property Available on 1/24/14
  • Tax Lot 5
  • Assessor Parcel Number 21162-005-01

Community Details

Overview

  • No Home Owners Association
  • 1,368 Sq Ft Building
  • Farm Nonsub Subdivision

Security

  • Gated Community

Property Details

Property Type

Other

Est. Annual Taxes

$1,108

Year Built

Built in 2006

Lot Details

10.1 Acres

Parking

4

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Farm
  • Construction Materials: Other
  • Fireplace: No
  • Living Area: 1080
  • Lot Size Acres: 10.1
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 1368
  • Lot Size Sq Ft: 439956
  • Status: Sold
  • Street Direction: W
  • RATIO Current Price By Calculate: 384.26
  • Total Acreage: 10 to less than 20
  • Water Access YN: 0
  • Barn Features: Barn Apartment,Center Aisle,Feed Room,Horse Barn,Tack Room,Washrack
  • Number Of Paddocks Pastures: 7
  • Number Of Stalls: 10
  • Last Date Available: 2015-01-30T00:00:00.000
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1

Exterior Features

  • Other Structures: Barn(s), Other
  • Exterior Features: Irrigation System, Rain Gutters
  • Roof: Metal
  • Pool Private: No
  • Water View YN: 0
  • Farm Type: Horse,Livestock

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Spaces: 4
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside, Other
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Gated
  • Association: No
  • Security: Security Lights, Security System, Smoke Detector(s)
  • Senior Community: No

Schools

  • Elementary School: Dunnellon Elementary School
  • High School: Dunnellon High School
  • Middle Or Junior School: Dunnellon Middle School

Lot Info

  • Zoning: A-1 General Agriculture
  • Parcel Number: 21162-005-01
  • Additional Parcels: No
  • Fencing: Wire, Wood
  • Lot Features: In County, Pasture, Paved
  • Horse Amenities: Race Track, Round Pen

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2014-01-24
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 1107.84
  • Tax Lot: 5

Multi Family

  • Total Num Buildings: 2
  • Unit Count: 0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2021
Sold by
Bought by
Current Estimated Value
$550,805

Purchase Details

Listed on
Jan 24, 2014
Closed on
Sep 3, 2014
Sold by
Bought by
Seller's Agent
Valerie Dailey
SHOWCASE PROPERTIES OF CENTRAL
List Price
$429,000
Sold Price
$415,000
Premium/Discount to List
-$14,000
-3.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.40%

Purchase Details

Closed on
Jul 9, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
0.0488%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
0.0488%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 6, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,485
Interest Rate
0.0537%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2004
Sold by
Bought by
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$785,000 Brick City Ttl Ins Agcy Inc
$415,000 1St Quality Title Llc
$385,000 All American Land Title Insu
-- All American
-- First American Title Ins Co
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $51,500
Previous Owner $50,000
Previous Owner $248,485
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/10/2020 05/10/20 Off Market $415,000 -- --
09/03/2014 09/03/14 Sold $415,000 -3.3% $384 / Sq Ft
08/08/2014 08/08/14 Pending -- -- --
01/24/2014 01/24/14 For Sale $429,000 -- $397 / Sq Ft
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,667 $265,960
2024 $4,551 $267,281
2023 $5,259 $309,234 $167,760 $141,474
2022 $4,906 $285,297 $167,760 $117,537
2021 $4,243 $238,264 $133,160 $105,104
2020 $3,894 $212,964 $110,092 $102,872
2019 $3,725 $209,666 $104,850 $104,816
2018 $3,310 $196,285 $92,268 $104,017
2017 $2,907 $159,124 $53,474 $105,650
2016 $2,949 $161,092 $0 $0
2015 $2,727 $145,946 $0 $0
2014 $1,098 $75,775 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Valerie Dailey

    Seller's Agent in 2014

    Valerie Dailey

    SHOWCASE PROPERTIES OF CENTRAL

    (352) 351-4718

    3 in this area

    133 Total Sales

    Valerie Dailey
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Map

Source: Stellar MLS

MLS Number: OM402249

Stellar MLS

APN: 21162-005-01

Florida Marion County Ocala 34481

12885 W Highway 40, Ocala, FL

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 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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