NOT LISTED FOR SALE

Estimated Value: $2,070,000 - $4,867,000

5 Beds
6 Baths
5,792 Sq Ft
$542/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $2,500,000 $432 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $18,220/month

243 Days on Market

Highlights

  • 3 Paddocks and Pastures
  • Barn
  • Pond View
  • 11 Horse Stalls
  • Solar Heated In Ground Pool
  • 25.43 Acre Lot

About This Home

As of May 2024

THIS IS AN AMAZING NEW PRICE FOR THIS PROPERTY!!
Possible Owner Financing*
Welcome to this 25+acre Equestrian Estate off the end of Millionaire's Row in Marion County's Horse Capital of the World. The 11 stall center aisle block barn is ready for your show horses with new paint, new stall doors, new beautiful barn doors with matching stall window shutters and all new rubber pavers. There's an inside wash stall, grooming stall, new half bath, new shower, new septic, tackroom, feed room and office with new tongue and groove ceilings. New barn driveway is shared with a brand new 30x50 shop with roll up doors, great for storing your tractor, trailer, jumps, hay, etc. There are a few huge pastures with lush grass, two auto waterers, a run in shed and plenty of room to add an arena. Across the pond with fountain is the 5,800 sq ft two story brick residence with 5 bedrooms, 4 full and 2 half baths, with first floor primary bedroom. A grand entrance with open foyer and wooden staircase. First floor primary with two walk in closets with built ins, soaking tub, large shower and his and her vanities. A chef's kitchen with granite countertops, two walk in pantries, eat in kitchen, island and bar seating. Huge lanai accessed through multiple rooms by french doors looks out on the saltwater pool with water feature and solar heating. This is a beautifully constructed home with high ceilings, thick intricate crown molding and ceiling medallions, textured walls and a stone fireplace. A truly elegant home and peaceful setting surrounded by horse farms. Less than 10 minutes to the WEC Jockey Club, 15 minutes to HITS and 20 minutes to the famous World Equestrian Center. This property sits in the highly desired NW quadrant and has so much to offer.

Last Agent to Sell the Property

Alexa Perkiel

KELLER WILLIAMS CORNERSTONE RE Brokerage Phone: 352-369-4044 License #3328191 Listed on: 08/10/2023

KELLER WILLIAMS CORNERSTONE RE

Co-Listed By

Gary Achtenhagen

KELLER WILLIAMS CORNERSTONE RE Brokerage Phone: 352-369-4044 License #0504971

Last Buyer's Agent

George De Benedicty

PEGASUS REALTY & ASSOC INC License #0371345

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $404

Year Built

  • Built in 2002

Lot Details

  • 25.43 Acre Lot
  • North Facing Home
  • Board Fence
  • Property is zoned A1

Parking

  • 2 Car Attached Garage

Home Design

  • Farm
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 5,792 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • French Doors
  • Pond Views
  • Attic Fan

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Dryer
  • Washer

Pool

  • Solar Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • 3 Paddocks and Pastures
  • Horse Property
  • Balcony
  • Outdoor Storage

Farming

  • Barn
  • Farm
  • Pasture

Horse Facilities and Amenities

  • 11 Horse Stalls

Utilities

  • Central Air
  • Heating Available
  • Propane
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 05966-001-00

Property Details

Property Type

Other

Est. Annual Taxes

$404

Year Built

Built in 2002

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Farm
  • Construction Materials: Block, Brick
  • Fireplace: Yes
  • Living Area: 5792
  • Lot Size Acres: 25.43
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 9043
  • Lot Size Sq Ft: 1107731
  • Status: Sold
  • Street Direction: NW
  • Co List Office Mls Id: MFR55906
  • Co List Office Phone: 352-369-4044
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 840.12
  • Escrow City: Ocala
  • Escrow State: FL
  • Escrow Street Name: SE 1st Ave
  • RATIO Current Price By Calculate: 431.63
  • Total Acreage: 20 to less than 50
  • Water Access YN: 0
  • Barn Features: Bathroom,Block,Center Aisle,Hot Water,Tack Room,Washrack
  • Number Of Paddocks Pastures: 3
  • Number Of Stalls: 11
  • Attribution Contact: 352-369-4044
  • Tax Year: 2022
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Interior Amenities: Attic Fan, Ceiling Fans(s), Crown Molding, High Ceilings, Primary Bedroom Main Floor, Solid Surface Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Stories: 2
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 538.09

Exterior Features

  • Direction Faces: North
  • Other Structures: Barn(s), Storage
  • Pool Features: Gunite, Heated, In Ground, Solar Heat
  • Exterior Features: Balcony, French Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 0
  • Farm Type: Horse

Garage/Parking

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

Utilities

  • Utilities: Propane
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: A1
  • Parcel Number: 05966-001-00
  • Additional Parcels: No
  • Fencing: Board
  • Lot Features: Farm, Pasture
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 403.89
  • Tax Block: 0
  • Tax Book Number: 0
  • Tax Lot: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2023
Closed on
May 29, 2024
Sold by
Harvey Kallen Revocable Trust and Kallen Harvey K
Bought by
Reddick Trust
Seller's Agent
Alexa Perkiel
KELLER WILLIAMS CORNERSTONE RE
Buyer's Agent
George De Benedicty
PEGASUS REALTY & ASSOC INC
List Price
$3,549,000
Sold Price
$2,500,000
Premium/Discount to List
-$1,049,000
-29.56%
Views
120
Current Estimated Value
$3,141,050

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$641,050
Avg. Annual Appreciation
15.23%
Original Mortgage
$1,500,000
Outstanding Balance
$1,477,616
Interest Rate
7.5%
Mortgage Type
Seller Take Back
Estimated Equity
$1,663,434

Purchase Details

Listed on
Nov 18, 2020
Closed on
Aug 31, 2022
Sold by
Lennox Newbert Christopher and Lennox Jon Melanie
Bought by
Harvey Kallen Revocable Trust
Seller's Agent
Mary O'Neal
SHOWCASE PROPERTIES OF CENTRAL
Buyer's Agent
Alexa Perkiel
KELLER WILLIAMS CORNERSTONE RE
List Price
$2,350,000
Sold Price
$2,200,000
Premium/Discount to List
-$150,000
-6.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%

Purchase Details

Closed on
Sep 24, 2020
Sold by
Newbert Christopher Lennox and Carter Melanie Arielle
Bought by
Newbert Christopher Lennox and Newbert Melanie Jones

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 14, 2013
Closed on
Dec 17, 2013
Sold by
Newbert Christopher Lennox
Bought by
Newbert Christopher Lennox and Carter Melanie Arielle
Seller's Agent
Ronald Stafford
ALL FLORIDA PROPERTY GROUP,INC
List Price
$749,000
Sold Price
$699,000
Premium/Discount to List
-$50,000
-6.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.19%

Purchase Details

Listed on
Oct 14, 2013
Closed on
Nov 22, 2013
Sold by
Christiana Trust
Bought by
Newbert Christopher Lennox
Seller's Agent
Ronald Stafford
ALL FLORIDA PROPERTY GROUP,INC
List Price
$749,000
Sold Price
$699,000
Premium/Discount to List
-$50,000
-6.68%

Purchase Details

Listed on
Oct 14, 2013
Closed on
Nov 20, 2013
Sold by
Seymour Anne
Bought by
Christiana Trust
Seller's Agent
Ronald Stafford
ALL FLORIDA PROPERTY GROUP,INC
List Price
$749,000
Sold Price
$699,000
Premium/Discount to List
-$50,000
-6.68%

Purchase Details

Closed on
Aug 26, 2013
Sold by
Seymour Anne
Bought by
Christiana Trust

Purchase Details

Closed on
Oct 7, 2009
Sold by
Seymour Anne
Bought by
Vanacore Kevin F and Vanacore Melissa J

Purchase Details

Closed on
Sep 15, 2006
Sold by
Dann William E and Seymour Anne
Bought by
Seymour Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Reddick Trust $2,500,000 None Listed On Document
Reddick Trust $2,500,000 None Listed On Document
Harvey Kallen Revocable Trust $2,200,000 --
Newbert Christopher Lennox -- Netco Inc
Newbert Christopher Lennox $100 Lozada Amy
Newbert Christopher Lennox -- Attorney
Newbert Christopher Lennox $699,000 Dependable Title Services Of
Christiana Trust $678,500 Dependable Title Services Of
Christiana Trust $678,500 Attorney
Vanacore Kevin F $15,000 None Available
Seymour Anne -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reddick Trust $1,500,000
Previous Owner Newbert Christopher Lennox $250,000
Previous Owner Seymour Anne $700,000
Closed Reddick Trust $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/29/2024 05/29/24 Sold $2,500,000 -10.6% $432 / Sq Ft
04/10/2024 04/10/24 Pending -- -- --
03/09/2024 03/09/24 Price Changed $2,795,000 -6.7% $483 / Sq Ft
02/07/2024 02/07/24 Price Changed $2,995,000 -10.6% $517 / Sq Ft
11/21/2023 11/21/23 Price Changed $3,349,000 -5.6% $578 / Sq Ft
08/10/2023 08/10/23 For Sale $3,549,000 +61.3% $613 / Sq Ft
08/31/2022 08/31/22 Sold $2,200,000 -6.4% $380 / Sq Ft View Prior Sale
06/17/2022 06/17/22 Pending -- -- --
06/03/2022 06/03/22 For Sale $2,350,000 0.0% $406 / Sq Ft
05/24/2022 05/24/22 Pending -- -- --
11/18/2020 11/18/20 For Sale $2,350,000 +236.2% $406 / Sq Ft
04/30/2020 04/30/20 Off Market $699,000 -- --
11/22/2013 11/22/13 Sold $699,000 -6.7% $121 / Sq Ft View Prior Sale
11/04/2013 11/04/13 Pending -- -- --
10/14/2013 10/14/13 For Sale $749,000 -- $129 / 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 $21,552 $1,365,245 -- --
2024 $18,850 $1,158,931 -- --
2023 $16,599 $1,030,090 $0 $0
2022 $404 $646,028 $0 $0
2021 $10,402 $656,617 $0 $0
2020 $10,349 $648,598 $0 $0
2019 $10,243 $635,653 $0 $0
2018 $9,059 $586,629 $0 $0
2017 $8,920 $575,980 $0 $575,980
2016 $8,878 $565,566 $0 $0
2015 $8,960 $560,370 $0 $0
2014 $8,385 $553,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM662341

Stellar MLS

APN: 05966-001-00