NOT LISTED FOR SALE

1012 S Magnolia Ave Sanford, FL 32771

Estimated Value: $575,000 - $704,469

3 Beds
3 Baths
2,167 Sq Ft
$299/Sq Ft Est. Value

Last Sold February 18, 2022

Last sale price $600,000 $277 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,254/month

8 Days on Market

Highlights

  • 1 Acre Lot
  • Bonus Room
  • 4-minute walk to Park on Park
  • Seminole High School Rated A
  • Family Room

About This Home

As of February 2022

**OFFER DEADLINE MONDAY 1/17/22 5PM** Welcome to 1012 Magnolia Avenue…where you CAN have it all in Historic Downtown Sanford! This 1928 Craftsman-style bungalow has charm in spades, combined with over $225k in upgrades make this a 2022 DREAM HOUSE. As you approach the .25+ acre property the first thing you notice is the lush landscaping and welcoming front porch. As you step inside, notice the original pine floors and oversized decorative fireplace. Character abounds with original built-ins, hand-crafted plaster ceiling medallions, claw foot bathtub in guest bathroom, and original windows and millwork. The tastefully-updated kitchen features stainless steel appliances, range hood, chic white cabinetry, tile extended backsplash, and stone countertops. This home offers a convenient split floor plan - your private master wing features the master bedroom, large walk in closet, en suite bathroom with double vanities, walk-in shower with separate bathtub, and a large bonus room with access to the screened porch (with brand new roof) overlooking the backyard. So many options - the master suite could easily double as a mother-in-law suite or even offer short-term rental possibilities. As you step outside, YOUR MIND WILL BE BLOWN by the gorgeous backyard - the entertaining possibilities are endless! The sparkling saltwater pool and spa (2020) are surrounded by a pristine travertine deck bordered by river rocks. The pool is equipped with a whimsical light system that can be programmed to display multiple colors and patterns. Overlooking the pool and spa is an amazing garage and lanai constructed in 2020 - the perfect place to gather and host parties, and the new 8’ wood fence ensures privacy. Just off of the lanai is an amazing pool bathroom, cooled and heated by a ductless mini split unit. Within the custom 2-car, 624 sq. ft. garage you’ll find a super clean epoxy floor, 10’ ceilings, laundry sink, pull down attic stairs, insulated 8’ carriage-style garage doors, and through a pocket door - a separate 8'x14' bay for your GOLF CART!! Your new garage is hard wired for sound, ethernet, security cameras and includes Bluetooth-enabled garage door openers. HVAC UNITS (2019) including (2) NEST thermostats, WATER HEATERS (2016 and 2020), METAL ROOF, ELECTRICAL AND PLUMBING all updated. IRRIGATION with RECLAIMED water helps keep your lawn green year round. POOL HEATER AND POOL BATH POWERED BY TANKLESS NATURAL GAS WATER HEATER. TENTED 2016 and includes transferrable subterranean termite bond for peace of mind. LOCATION, LOCATION, LOCATION!!! This fabulous property is located on one of the most coveted streets in the Sanford Residential Historic District. Walk, bike, or golf cart to Sanford’s vibrant downtown scene and the Lake Monroe Riverwalk. A home like this RARELY comes along - schedule your showing TODAY!

Last Agent to Sell the Property

Tammy Agnini

CENTURY 21 INTEGRA License #3433539 Listed on: 01/14/2022

CENTURY 21 INTEGRA

Last Buyer's Agent

Stephanie Cathey

RE/MAX SIGNATURE License #3296697

RE/MAX SIGNATURE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,812

Year Built

  • 1928

Lot Details

  • 1 Acre Lot

Parking

  • 2

Interior Spaces

  • Family Room
  • Bonus Room

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,812

Year Built

1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Bungalow, Craftsman, Historical
  • Carport Y N: No
  • Directions: 17-92 north to RIGHT on 9th Street, RIGHT on Magnolia Avenue, home is on the RIGHT side of the street between 10th and 11th Streets.
  • Garage Yn: Yes
  • New Construction: No
  • Ownership: Fee Simple
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: SANFORD TOWN OF
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5995831?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5995831?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.09111
  • Price per Sq Ft: 276.88
  • Close to Original List Price Ratio: 1.09111
  • Ratio: Current Price\Building Area Total: 228.05
  • Special Features: None
  • Year Built: 1928

Interior Features

  • Appliances: Dishwasher, Disposal, Electric Water Heater, Freezer, Gas Water Heater, Range, Range Hood, Refrigerator, Tankless Water Heater
  • Fireplace Features: Decorative, Living Room
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Ceramic Tile, Hardwood
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Master Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Spa Features: Heated, In Ground
  • Private Spa: Yes
  • Room Count: 4
  • Additional Rooms: Bonus Room, Family Room

Exterior Features

  • Roof: Metal
  • Exterior Features: Fenced, Irrigation System, Sidewalk
  • Foundation Details: Crawlspace
  • Construction Type: Wood Frame
  • Direction Faces: East
  • Disclosures: Lead Paint, Other, Seller Property Disclosure
  • Fencing: Wood
  • Lot Features: Historic District, City Lot, Sidewalk
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Pool Features: Gunite, Heated, In Ground, Lighting, Outside Bath Access, Pool Alarm, Salt Water
  • Pool Private: Yes
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12117C0070F

Garage/Parking

  • Parking Features: Alley Access, Bath In Garage, Garage Door Opener, Garage Faces Rear, Golf Cart Garage
  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: Yes

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Sprinkler Recycled, Street Lights, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 12519
  • Zoning: SR1
  • Flood Zone Code: X
  • Flood Zone Date: 2007-09-28

Rental Info

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

Tax Info

  • Tax Annual Amount: 5223.31
  • Tax Block: 12
  • Tax Book Number: 1-59
  • Tax Lot: 3
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2022
Closed on
Feb 18, 2022
Sold by
Albach Andrew E and Albach Jill L
Bought by
Elliott Bryan and Elliott Jessica
Seller's Agent
Tammy Agnini
CENTURY 21 INTEGRA
Buyer's Agent
Stephanie Cathey
RE/MAX SIGNATURE
List Price
$549,900
Sold Price
$600,000
Premium/Discount to List
$50,100
9.11%
Current Estimated Value
$648,117

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,117
Avg. Annual Appreciation
2.15%
Original Mortgage
$448,000
Outstanding Balance
$416,701
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$231,416

Purchase Details

Closed on
Mar 17, 2016
Sold by
Sputter Inc
Bought by
Albach Andrew E and Albch Jill L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2015
Sold by
Huber Virginia Lee
Bought by
Sputter Inc

Purchase Details

Closed on
Oct 1, 1984
Bought by
Albach Andrew E and Albach Jill L

Purchase Details

Closed on
May 1, 1983
Bought by
Albach Andrew E and Albach Jill L

Purchase Details

Closed on
Dec 1, 1980
Bought by
Albach Andrew E and Albach Jill L

Purchase Details

Closed on
Jan 1, 1976
Bought by
Albach Andrew E and Albach Jill L
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
Elliott Bryan $600,000 First Signature Title
Albach Andrew E $260,000 Equitable Title Of Seminole
Sputter Inc $105,000 Equitable Title Seminole Llc
Albach Andrew E $61,800 --
Albach Andrew E $58,500 --
Albach Andrew E $57,500 --
Albach Andrew E $26,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elliott Bryan $448,000
Previous Owner Albach Andrew E $208,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2022 02/18/22 Sold $600,000 +9.1% $277 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
01/10/2022 01/10/22 For Sale $549,900 -- $254 / 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
2024 $9,812 $598,203 -- --
2023 $9,560 $580,780 $208,650 $372,130
2021 $5,441 $340,250 $0 $0
2020 $4,318 $277,049 $0 $0
2019 $4,760 $267,911 $0 $0
2018 $4,274 $227,733 $0 $0
2017 $3,968 $208,364 $0 $0
2016 $2,321 $181,780 $0 $0
2015 $2,290 $112,499 $0 $0
2014 $902 $85,362 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5995831

Stellar MLS

APN: 25-19-30-5AG-1203-0030