NOT LISTED FOR SALE

11407 N Magnolia Ave Ocala, FL 34475

Estimated Value: $791,000 - $968,593

3 Beds
2.5 Baths
2,562 Sq Ft
$329/Sq Ft Est. Value

Last Sold July 12, 2024

Last sale price $800,000 $312 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,959/month

14 Days on Market

Highlights

  • 2 Horse Stalls
  • Oak Trees
  • 12 Acre Lot
  • Horse Property
  • Custom Home
  • Open Floorplan

About This Home

As of July 2024

Welcome to your new home in the sought after neighborhood of Cardinal Hill. Located in North East Marion County Fl, convenient to Ocala and Gainesville and surrounded by stunning horse farms, this exquisite 12- acre property offers a unique opportunity to create the dream farm you have always wanted. The centerpiece of this estate is the custom 3/2/1 Triple Crown Home, boasting newer Metal roof, new A/C's and new windows throughout. The open floor plan, split bedrooms, 2 separate office spaces as well as a "mudroom " & half-bath are just a few of the things you will love about this home. While the property does require some renovations, it presents an unparalleled opportunity to craft a bespoke haven tailored to your preferences. With its enchanting setting and significant upgrades, this home invites you to bring your dreams to life in one of Marion Counties most coveted subdivisions.

Last Agent to Sell the Property

Pamela Allen

HORSE CAPITAL HOMES AND FARMS Brokerage Phone: 352-502-6160 License #3260112 Listed on: 05/21/2024

Last Buyer's Agent

Pamela Allen

HORSE CAPITAL HOMES AND FARMS Brokerage Phone: 352-502-6160 License #3260112 Listed on: 05/21/2024

Property Details

Property Type

  • Other

Est. Annual Taxes

  • $5,121

Year Built

  • Built in 2001

Lot Details

  • 12 Acre Lot
  • Northwest Facing Home
  • Board Fence
  • Cleared Lot
  • Oak Trees
  • Property is zoned A1

Parking

  • 2 Car Attached Garage

Home Design

  • Custom Home
  • Farm
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,562 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • French Doors
  • Laundry Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan

Outdoor Features

  • Horse Property
  • Exterior Lighting
  • Private Mailbox

Farming

  • Horse or Livestock Barn
  • Farm
  • Pasture

Horse Facilities and Amenities

  • Zoned For Horses
  • 2 Horse Stalls

Utilities

  • Central Air
  • Heat Pump System
  • Underground Utilities
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association
  • Built by Triple Crown
  • Cardinal Hill Complex Subdivision

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 0848-005-001

Property Details

Property Type

Other

Est. Annual Taxes

$5,121

Year Built

Built in 2001

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Farm
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2562
  • Lot Size Acres: 12
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 2562
  • Lot Size Sq Ft: 522720
  • Directions to Property: North on hwy 301/441 from Ocala. Turn right on 114th street, left at the stop onto Magnolia. Property on the Right
  • Status: Sold
  • Street Direction: N
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • Escrow State: FL
  • List Office Head Office Key Nume: 540165061
  • RATIO Current Price By Calculate: 312.26
  • Total Acreage: 10 to less than 20
  • Unit Number YN: 0
  • Water Access YN: 0
  • Barn Features: Horse Barn
  • Number Of Stalls: 2
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-502-6160
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Open Floorplan, Primary Bedroom Main Floor, Split Bedroom
  • Appliances Included: Dishwasher, Disposal, Range
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 11407
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 238.02
  • Room Count: 3

Exterior Features

  • Direction Faces: Northwest
  • Other Structures: Barn(s)
  • Exterior Features: French Doors, Lighting, Private Mailbox, Sidewalk
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Disclosures: Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Farm Type: Horse

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: A1
  • Parcel Number: 0848-005-001
  • Additional Parcels: No
  • Fencing: Board
  • Lot Features: Cleared, Farm, Pasture, Paved, Zoned for Horses
  • Flood Zone Code: x
  • Homestead YN: 1
  • Lot Size Square Meters: 48562

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Triple Crown

Tax Info

  • Tax Annual Amount: 5120.81
  • Tax Block: 0
  • Tax Book Number: S-119CARDINA
  • Tax Lot: 5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2024
Closed on
Jul 10, 2024
Sold by
Fischer Randy and Fischer Francine
Bought by
Olson Gail M and Olson Mark E
Seller's Agent
Pamela Allen
HORSE CAPITAL HOMES AND FARMS
Buyer's Agent
Pamela Allen
HORSE CAPITAL HOMES AND FARMS
List Price
$895,000
Sold Price
$800,000
Premium/Discount to List
-$95,000
-10.61%
Views
28
Current Estimated Value
$827,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,741
Avg. Annual Appreciation
4.84%

Purchase Details

Closed on
May 11, 2012
Sold by
Fischer Randy and Fischer Francine E
Bought by
Fischer Randy and Fischer Francine E

Purchase Details

Closed on
May 22, 2003
Sold by
Hayes Jason C and Hancock Carolyn Wright
Bought by
Fischer Randy and Fischer Francine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2002
Sold by
Bridle Run Inc
Bought by
Fischer Randy and Fischer Francine E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,900
Interest Rate
6.92%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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Average Value
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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
Olson Gail M $800,000 None Listed On Document
Fischer Randy -- Attorney
Fischer Randy $362,000 Ocala Land Title Ins Agency
Hendry Milton S -- --
Fischer Randy $76,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fischer Randy $280,000
Previous Owner Fischer Randy $322,700
Previous Owner Fischer Randy $71,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2024 07/12/24 Sold $800,000 -10.6% $312 / Sq Ft
06/05/2024 06/05/24 Pending -- -- --
05/21/2024 05/21/24 For Sale $895,000 -- $349 / 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 $5,121 $344,466 $0 $0
2022 $4,988 $334,433 $0 $0
2021 $4,995 $324,692 $0 $0
2020 $4,958 $320,209 $0 $0
2019 $4,891 $313,010 $0 $0
2018 $4,619 $307,174 $0 $0
2017 $4,536 $300,856 $0 $0
2016 $4,477 $294,668 $0 $0
2015 $4,514 $292,620 $0 $0
2014 $4,247 $290,298 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Pamela Allen

    Seller's Agent in 2024

    Pamela Allen

    HORSE CAPITAL HOMES AND FARMS

    (352) 502-6160

    8 in this area

    139 Total Sales

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Map

Source: Stellar MLS

MLS Number: OM679021

Stellar MLS

APN: 0848-005-001

Florida Marion County Ocala 34475

11407 N Magnolia Ave, Ocala, FL

This home is located at 11407 N Magnolia Ave, Ocala, FL 34475 since 21 May 2024 and is currently estimated at $841,898, approximately $328 per square foot. This property was built in 2001. 11407 N Magnolia Ave is a home located in Marion County with nearby schools including Anthony 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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