NOT LISTED FOR SALE

17485 NW 120th Terrace Rd Reddick, FL 32686

Reddick-McIntosh Neighborhood

Estimated Value: $784,000 - $951,000

3 Beds
1.5 Baths
1,345 Sq Ft
$627/Sq Ft Est. Value

Last Sold August 03, 2022

Last sale price $825,000 $613 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,156/month

10 Days on Market

Highlights

  • Horses Allowed in Community
  • 15 Acre Lot
  • High Ceiling
  • Corral
  • Open Floorplan
  • No HOA

About This Home

As of August 2022

Overlooking 15 +/- acres in NW Marion County's iconic horse country, this stunning property is a perfect fit for those looking to take their equine venture to the next level. The farm itself is nicely flat and gently shaded by mature oaks, a perfect setting for a variety of disciplines. Central on the property is the main barn which offers 30 stalls, feed room, tack room and wash racks with hot water. Attached to the barn is a large multi-story office that provides the potential for several private office spaces. The office also includes a full kitchen, full bath and a washer and dryer for added convenience. Beyond the main barn, their is also a shed row-style barn with 5 stalls, 8 paddocks, round pen and a covered area for equipment storage.
Access to a neighboring 5/8 mile track with starting gate is negotiable for those looking to train all year long. For those seeking even more possibilities, you can hack your horse down a beautifully shaded lane to Sweet Dixie South. The Ocala Jockey Club, which was recently acquired by the World Equestrian Center, is also less than 4 miles from the property, giving this farm a wonderful location to take advantage of the area's upcoming equestrian developments!
Even though the barn has a kitchen, bath and bedrooms, it is being sold as an office.

Last Agent to Sell the Property

Laurie Whelpley-Baker

SHOWCASE PROPERTIES OF CENTRAL License #3057772 Listed on: 04/29/2022

Co-Listed By

Valerie Dailey

SHOWCASE PROPERTIES OF CENTRAL License #3143790

Last Buyer's Agent

Claire Khuen

SHOWCASE PROPERTIES OF CENTRAL License #3248465

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,915

Year Built

  • Built in 2004

Lot Details

  • 15 Acre Lot
  • Property fronts a private road
  • Northeast Facing Home
  • Cross Fenced
  • Wood Fence
  • Board Fence
  • Level Lot
  • Cleared Lot

Home Design

  • Split Level Home
  • Property Attached
  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,345 Sq Ft Home
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

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

Farming

  • Barn Office
  • Horse or Livestock Barn
  • Feed Room
  • Feeding Stations
  • Pasture

Horse Facilities and Amenities

  • Starting Gate
  • Wash Rack
  • Zoned For Horses
  • Corral
  • Paddocks: 8
  • Tack Room
  • Shed Row
  • Round Pen

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Air
  • Heat Pump System
  • Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tax Lot 7

Community Details

Overview

  • No Home Owners Association
  • The Gallops Subdivision

Recreation

  • Horses Allowed in Community

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,915

Year Built

Built in 2004

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Farm
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1345
  • Lot Size Acres: 15
  • New Construction: No
  • Year Built: 2004
  • Number Of Lots: 1
  • Directions to Property: Hwy 318 to The Gallops turn South on NW 120th Terr RD to property on Left
  • Status: Sold
  • Street Direction: NW
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 10 to less than 20
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97059
  • Price per Sq Ft: 613.38
  • Close to Original List Price Ratio: 0.97059
  • View: No
  • Co List Office Mls Id: 271500260
  • Co List Office Phone: 352-351-4718
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Open Floorplan
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Multi/Split
  • Other Equipment: Feeding Stations
  • Street Number Modifier: 17485
  • Room Count: 3

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Barn Office, Horse Barn, Barn(s), Corral(s)
  • Exterior Features: Fenced
  • Roof: Metal
  • Pool Private: No
  • Road Frontage Type: Private Road
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Available, Water Available
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Heat Pump
  • Laundry Features: Inside
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 2
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Horses Allowed
  • 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
  • Parcel Number: TBD
  • Additional Parcels: No
  • Current Use: Horses
  • Fencing: Board, Cross Fenced, Wood
  • Lot Features: Cleared, In County, Level, Pasture, Zoned for Horses
  • Property Attached Yn: Yes
  • Horse Amenities: Feed Room, Shed-Row, Tack Room, Wash Rack, Round Pen, Starting Gate
  • Flood Zone Code: X & AE
  • Zoning Compatible Y N: Yes
  • Number Of Paddocks Pastures: 8

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1915
  • Tax Block: X
  • Tax Book Number: UNR
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 29, 2022
Closed on
Jul 12, 2022
Sold by
Martin Boutte Lynne
Bought by
Fortitude Farm Llc
Seller's Agent
Laurie Whelpley-Baker
SHOWCASE PROPERTIES OF CENTRAL
Buyer's Agent
Claire Khuen
SHOWCASE PROPERTIES OF CENTRAL
List Price
$850,000
Sold Price
$825,000
Premium/Discount to List
-$25,000
-2.94%
Current Estimated Value
$842,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,940
Avg. Annual Appreciation
1.34%
Original Mortgage
$618,750
Outstanding Balance
$595,956
Interest Rate
5.81%
Mortgage Type
New Conventional
Estimated Equity
$263,009

Purchase Details

Closed on
Feb 27, 2004
Sold by
Mallon Robert and Mallon Tina
Bought by
Martin Lynne K
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
Fortitude Farm Llc $825,000 None Listed On Document
Martin Lynne K $276,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fortitude Farm Llc $618,750
Previous Owner Boutte Lynne Martin $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2022 08/03/22 Sold $825,000 -2.9% $613 / Sq Ft
05/10/2022 05/10/22 Pending -- -- --
04/29/2022 04/29/22 For Sale $850,000 -- $632 / 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
2023 $6,491 $381,098 $170,975 $210,123
2022 $2,038 $124,775 $0 $0
2021 $1,995 $125,287 $0 $0
2020 $1,808 $107,280 $0 $0
2019 $1,848 $108,816 $0 $0
2018 $1,683 $106,537 $0 $0
2017 $1,733 $109,403 $0 $109,403
2016 $1,778 $110,143 $0 $0
2015 $1,722 $101,434 $0 $0
2014 $1,485 $94,942 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laurie Whelpley-Baker

    Seller's Agent in 2022

    Laurie Whelpley-Baker

    SHOWCASE PROPERTIES OF CENTRAL

    (352) 843-5300

    8 in this area

    55 Total Sales

    Section Image
  • Valerie Dailey

    Seller Co-Listing Agent in 2022

    Valerie Dailey

    SHOWCASE PROPERTIES OF CENTRAL

    (352) 351-4718

    15 in this area

    169 Total Sales

    Section Image
  • Claire Khuen

    Buyer's Agent in 2022

    Claire Khuen

    SHOWCASE PROPERTIES OF CENTRAL

    (352) 362-0293

    38 in this area

    134 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: OM638046

Stellar MLS

APN: 0197-007-000

Florida Marion County Reddick 32686 Reddick-McIntosh

17485 NW 120th Terrace Rd, Reddick, FL

This home is located at 17485 NW 120th Terrace Rd, Reddick, FL 32686 since 29 April 2022 and is currently estimated at $843,930, approximately $627 per square foot. This property was built in 2004. 17485 NW 120th Terrace Rd is a home located in Marion County with nearby schools including Reddick-Collier 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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