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15101 NW 42nd TERRACE, Reddick, FL, 32686 | $550,000
Nestled downtown in the little country town of Reddick, in the northwest corner of Marion county’s Horse Country. Adorable farmhouse homestead built in 1896, offers 3 bedrooms and 2. 5 bathrooms with 3, 192+/- square feet of living space, situated on . 55 acres. Southern style front porch with brick walk framed by Majestic oaks. The home features original heart pine flooring, 12 foot ceilings, 3-fireplaces (capped), downstairs primary suite, den, powder room, dining room, kitchen and laundry room. Upstairs full guest bathroom, two guest bedrooms and widows walk for office/den. Large rear deck overlooks spacious backyard and huge shed. The following updates were completed in 2003, metal roof, plumbing, electrical, insulation, windows, bathrooms and kitchen. This home has made so many memories and has given so much love and now it needs someone to give it some love back. It would be absolutely lovely with some minor repairs, a white picket fence, hens roaming about and the rich soil is perfect for a food forest (permaculture and edible garden). Conveniently located between Ocala and Gainesville, the area is known for oak canopied roads and farms and is popular among cyclists and equestrians, only 3 minutes to the new multi-discipline 1000 acre sport horse and racehorse facility Persaud Legacy Farms (formally Woodford Thoroughbreds), 6 minutes to Majestic Oaks equestrian and event venue, 9 minutes to Ocala Jockey Club, 14 minutes to Historic Micanopy, (offering antiques, art, food and music and home of the Micanopy Fall Festival), 15 minutes to downtown Ocala, 16 minutes to the beautiful Paynes Prairie Preserve State Park, and 25 minutes to Gainesville.
Features
- Rooms: 3
- Bedrooms: 3
- Baths: 2 full / 1 half
- Lot Size: 120 x 200
- Laundry: Inside, Laundry Room
- Style: Historical
- Year Built: 1896
- Heating: Electric, Heat Pump
- Cooling: Central Air
- Approx Sq. Feet: 3,192
- Acreage: 0.55
- Lot Size: 120 x 200
- Est. Taxes: $4,936
- Lot Desc: Historic District, Landscaped
- Pet Policy: Yes
- Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
- MLS#: OM687891
- Days on Market: 3 days
- Website: https://www.raveis.com
/prop/OM687891/15101nw42ndterrace_reddick_fl?source=qrflyer
Listing courtesy of NEWGATE REALTY, LLC Phone: 859-621-0829
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
15101 NW 42nd TERRACE, Reddick, FL, 32686
$550,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $440,000 | $440,000 | $440,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
| Monthly Tax Payment | $411 | $411 | $411 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,711 |
| Total Monthly Payment | $3,430 | $3,427 | $4,214 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388