NOT LISTED FOR SALE

8568 NW 120th St Reddick, FL 32686

Estimated Value: $2,662,791 - $4,158,000

10 Acres
$320,326 Price per Acre
435,600 Sq Ft Lot

Last Sold February 15, 2022

Last sale price $2,400,000 $877 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $18,417/month

73 Days on Market

About This Lot

As of February 2022

Surrounded by horse farms in the desirable NW region of Marion County, this stunning 19+ acre farm offers a variety of amenities and upgrades. Two homes rest on the acreage, and the main home is an elegant 3-bedroom, 2-bath residence with an eye-catching construction. The entrance is surrounded by tasteful landscaping and a short set of stairs that lead up to a large covered front patio. Throughout the home are tall, vaulted ceilings that range from 10-18 ft. tall, crown molding, travertine tile, and LED lighting. The kitchen is well-suited for those who enjoy cooking with high-end stainless steel appliances that include a Wolf stove and subzero fridge. The second residence on property is a 2-bedroom, 1.5-bath home with over 2000 sq.ft. of living space. Tile floors, high ceilings, and beautiful finishes are featured throughout, and there are all new appliances located in the kitchen. The farm was designed with horses in mind– the barn features 5 stalls complete with fans, mats, wash rack, and tack room. Resting on the property is a professionally built 120 x 200 ft riding sand arena, and there's a beautiful riding path around the farm. Fencing behind the home is brand new, and the property has no-climb perimeter fencing and a Generac home generator. The entire property has been meticulously maintained and cared for, and is an eye-catching option for those looking to be near it all– both HITS and WEC are just a short drive from the farm, and the area features a variety of feed and tack stores nearby for extra ease!

Last Agent to Sell the Property

Claire Khuen

SHOWCASE PROPERTIES OF CENTRAL License #3248465 Listed on: 10/26/2021

Last Buyer's Agent

Claire Khuen

SHOWCASE PROPERTIES OF CENTRAL License #3248465 Listed on: 10/26/2021

Property Details

Property Type

  • Land

Year Built

  • 2006

Lot Details

  • 10

Parking

  • 3

Additional Features

  • 10 Acre Lot
  • Paddocks: 3

Listing and Financial Details

Property Details

Property Type

Land

Year Built

2006

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Farm
  • Architectural Style: Custom, Florida
  • Carport Y N: No
  • Directions: From Hwy 27 west turn right on 225 A north . Cross over 326 and continue about 5 miles. Turn left on NW 120th and property will be on the left .
  • Garage Yn: Yes
  • New Construction: No
  • Ownership: Fee Simple
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: BROOKFIELD ANNEX
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM629333?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM629333?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 10 to less than 20
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.89054
  • Price per Sq Ft: 877.19
  • Close to Original List Price Ratio: 0.89054
  • Ratio: Current Price\Building Area Total: 215.17
  • Special Features: None
  • Year Built: 2006

Interior Features

  • Appliances: Dishwasher, Dryer, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer, Water Softener, Wine Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: No
  • Flooring: Tile, Travertine, Vinyl
  • Furnished: Unfurnished
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s)
  • Other Equipment: Generator
  • Window Features: Blinds
  • Room Count: 5

Exterior Features

  • Roof: Shingle
  • Exterior Features: Fenced, French Doors, Lighting
  • Foundation Details: Slab
  • Construction Type: Block, Stucco
  • Direction Faces: North
  • Fencing: Board, Cross Fenced, Wire, Wood
  • Lot Features: Cleared, In County, Pasture, Zoned for Horses
  • Other Structures: Horse Barn, Barn(s), Guest House, Shed(s)
  • Patio And Porch Features: Covered, Front Porch, Patio
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Number Of Wells: 2
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12083C0284D

Garage/Parking

  • Parking Features: Garage Door Opener, Ground Level
  • Attached Garage: Yes
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Open Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Corridor Access, Inside, Laundry Room
  • Security: Security Gate
  • Sewer: Septic Tank
  • Utilities: Electricity Connected, Phone Available, Propane, Underground Utilities, Water Connected
  • Water Source: Well
  • Number Of Septics: 2

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Middle Or Junior School: North Marion Middle School

Lot Info

  • Additional Parcels: No
  • Current Use: Horses
  • Horse Amenities: Feed Room, Tack Room, Wash Rack, Arena
  • Lot Size Sq Ft: 830254
  • Zoning: A1
  • Flood Zone Code: X, AE
  • Flood Zone Date: 2008-08-28
  • Zoning Compatible Y N: Yes
  • Number Of Paddocks Pastures: 3

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 6197.36
  • Tax Block: 00
  • Tax Book Number: M-077,BROOKF
  • Tax Lot: 3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 14, 2024
Sold by
Baldwin Earl and Baldwin Joyce F
Bought by
Earl And Joyce Baldwin Revocable Trust and Baldwin
Current Estimated Value
$3,203,264

Purchase Details

Listed on
Oct 26, 2021
Closed on
Feb 15, 2022
Sold by
Clark Scott and Clark Victoria
Bought by
Baldwin Earl and Baldwin Joyce Frits
Seller's Agent
Claire Khuen
SHOWCASE PROPERTIES OF CENTRAL
Buyer's Agent
Claire Khuen
SHOWCASE PROPERTIES OF CENTRAL
List Price
$2,695,000
Sold Price
$2,400,000
Premium/Discount to List
-$295,000
-10.95%

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%
Original Mortgage
$1,000,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 17, 2017
Closed on
Jan 12, 2018
Sold by
Weiler Mark J and Weiler Leslie A
Bought by
Clark Scott and Clark Victoria
Seller's Agent
Robin Dailey
HORSE CAPITAL HOMES AND FARMS
Buyer's Agent
Robin Dailey
HORSE CAPITAL HOMES AND FARMS
List Price
$894,000
Sold Price
$875,000
Premium/Discount to List
-$19,000
-2.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
27.90%

Purchase Details

Closed on
May 1, 2017
Bought by
Weiler Mark J

Purchase Details

Closed on
Mar 10, 2006
Sold by
Weiler Mark J
Bought by
Weiler Mark J and Weiler Leslie A

Purchase Details

Closed on
Nov 9, 2005
Sold by
Mw Asset Management Inc
Bought by
Parelli Florida Properties Lllp

Purchase Details

Closed on
Mar 31, 2003
Sold by
Rouquette Susan Blickle R and Rouquette Charles R
Bought by
Mw Asset Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,600
Interest Rate
5.82%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Earl And Joyce Baldwin Revocable Trust $100 None Listed On Document
Earl And Joyce Baldwin Revocable Trust $100 None Listed On Document
Baldwin Earl $2,400,000 Affiliated Title Of Central Fl
Clark Scott $875,000 Affiliated Title Of Central
Weiler Mark J $100 --
Weiler Mark J -- None Available
Weiler Mark J -- None Available
Parelli Florida Properties Lllp $440,000 --
Mw Asset Management Inc $430,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baldwin Earl $1,000,000
Previous Owner Mw Asset Management Inc $368,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/15/2022 02/15/22 Sold $2,400,000 -10.9% $877 / Sq Ft
01/06/2022 01/06/22 Pending -- -- --
10/25/2021 10/25/21 For Sale $2,695,000 +208.0% $985 / Sq Ft
01/12/2018 01/12/18 Sold $875,000 -2.1% $366 / Sq Ft View Prior Sale
12/15/2017 12/15/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $894,000 -- $374 / 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 $17,001 $1,079,972 -- --
2024 $16,515 $1,057,105 -- --
2023 $16,345 $1,037,877 $0 $0
2022 $10,706 $653,458 $0 $0
2021 $6,197 $397,068 $0 $0
2020 $6,103 $387,449 $0 $0
2019 $7,703 $440,075 $46,568 $393,507
2018 $6,344 $373,041 $26,307 $346,734
2017 $6,360 $372,904 $25,715 $347,189
2016 $5,850 $337,735 $0 $0
2015 $5,852 $331,877 $0 $0
2014 $5,431 $324,157 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM629333

Stellar MLS

APN: 06114-001-00