NOT LISTED FOR SALE

16705 NW Highway 225 Reddick, FL 32686

Estimated Value: $645,000 - $1,502,281

2 Beds
1 Bath
1,222 Sq Ft
$926/Sq Ft Est. Value

Sale Details

Date Sold: May 29, 2015

Last sale price $700,000 $573 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $6,173 / mo

362 Days on Market

Highlights

  • Water Access
  • Race Track
  • Pond View
  • 3 Paddocks and Pastures
  • Home fronts a pond
  • 96 Acre Lot

About This Home

As of May 2015

Gorgeous rolling land with paved driveway leading to an old ''cracker'' house on the hilltop-Lush pastures currently leased for cattle. Large pond, scattered trees, woods and trails. Owner will consider financing. Gorgeous hilltop homesite setting. Old home could possibly be restored? Lush fields, big pond, trees with trails-located midway between Ocala and Gainesville. Easy access to I-75, east side of property adjoins I-75.

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $1,071

Year Built

  • Built in 1948

Lot Details

  • 96 Acre Lot
  • Home fronts a pond
  • Property fronts a highway
  • Cross Fenced
  • Wood Fence
  • Wire Fence
  • Wooded Lot
  • Property is zoned A-1 General Agriculture

Parking

  • 2 Carport Spaces

Home Design

  • Farm
  • Steel Frame
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 1,222 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring
  • Pond Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Water Access
  • 3 Paddocks and Pastures

Schools

  • Reddick-Collier Elem. Elementary School
  • North Marion Middle School
  • North Marion High School

Farming

  • Pasture
  • Cattle

Horse Facilities and Amenities

  • Race Track

Utilities

  • No Cooling
  • No Heating
  • 1 Water Well
  • 1 Septic Tank

Community Details

  • No Home Owners Association
  • Farm Nonsub Subdivision

Listing and Financial Details

  • Property Available on 5/7/14
  • Assessor Parcel Number 06272-000-00

Property Details

Property Type

Other

Est. Annual Taxes

$1,071

Year Built

Built in 1948

Lot Details

96 Acres

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Farm
  • Construction Materials: Frame, Metal Frame
  • Fireplace: No
  • Living Area: 1222
  • Lot Size Acres: 96
  • New Construction: No
  • Year Built: 1948
  • Building Area Total: 1420
  • Status: Sold
  • Street Direction: NW
  • Building Area Total Srch Sq M: 131.92
  • RATIO Current Price By Calculate: 572.83
  • Total Acreage: 50 to less than 100
  • Water Access YN: 0
  • Barn Features: None
  • Number Of Paddocks Pastures: 3
  • Special Features: RealEstateOwned

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 1
  • Appliances Included: None
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Living Area Meters: 113.53

Exterior Features

  • Exterior Features: Other
  • Roof: Metal
  • Pool Private: No
  • Road Frontage Type: Highway
  • Waterfront: Yes
  • Water View: Pond
  • Water View YN: 0
  • Farm Type: Cattle

Garage/Parking

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

Utilities

  • Cooling: None
  • Heating: None
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Community Features: Water Access
  • Association: No
  • Senior Community: No

Schools

  • Elementary School: Reddick-Collier Elem. School
  • High School: North Marion High School
  • Middle Or Junior School: North Marion Middle School

Lot Info

  • Zoning: A-1 General Agriculture
  • Parcel Number: 06272-000-00
  • Additional Parcels: No
  • Fencing: Cross Fenced, Wire, Wood
  • Lot Features: In County, Pasture, Paved, Wooded
  • Horse Amenities: None, Race Track

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2014-05-07
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 1071

Multi Family

  • Waterfront Features: Pond
  • Total Num Buildings: 1
  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2014
Closed on
May 26, 2015
Sold by
Gm-1 Partnership
Bought by
Ridgebrook Farms Llc
List Price
$850,000
Sold Price
$700,000
Premium/Discount to List
-$150,000
-17.65%
Current Estimated Value
$1,131,760

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,760
Avg. Annual Appreciation
4.49%

Purchase Details

Closed on
Aug 5, 2009
Sold by
Weidinger G P and Weidinger Jean
Bought by
Gm-1 Partnership

Purchase Details

Closed on
Apr 16, 2001
Sold by
High Jr Thomas W and Sherouse Louise
Bought by
Weidinger G P and Weidinger Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
8%
Mortgage Type
Seller Take Back
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
Ridgebrook Farms Llc $700,000 First American Title Ins Co
Gm-1 Partnership -- Attorney
Weidinger G P $450,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Weidinger G P $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/07/2022 03/07/22 Off Market $700,000 -- --
05/29/2015 05/29/15 Sold $700,000 -17.6% $573 / Sq Ft
04/29/2015 04/29/15 Pending -- -- --
05/02/2014 05/02/14 For Sale $850,000 -- $696 / Sq Ft
Source: Stellar MLS

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 $2,074 $96,486 -- --
2024 $1,766 $89,013 -- --
2023 $1,646 $82,490 $0 $0
2022 $1,503 $72,715 $0 $0
2021 $1,396 $66,673 $23,621 $43,052
2020 $1,392 $65,931 $22,771 $43,160
2019 $1,388 $64,964 $22,431 $42,533
2018 $1,281 $61,214 $21,493 $39,721
2017 $1,235 $58,172 $19,113 $39,059
2016 $1,362 $59,681 $0 $0
2015 $1,270 $54,536 $0 $0
2014 $1,212 $52,768 $0 $0
Source: Public Records

Map

Source: Stellar MLS

MLS Number: OM407423

Stellar MLS

APN: 06272-000-00

Florida Marion County Reddick 32686

16705 NW Highway 225, Reddick, FL

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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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