NOT LISTED FOR SALE

12092 Magnolia St Dunnellon, FL 34432

Estimated Value: $377,744 - $552,000

3 Beds
3 Baths
2,594 Sq Ft
$187/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $348,000 $134 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,212/month

6 Days on Market

Highlights

  • Heated In Ground Pool
  • Built-In Features
  • French Doors
  • Covered patio or porch
  • Solid Wood Cabinet
  • Shed

About This Home

As of April 2021

Welcome to Mermaid House, the home you ve been looking for! You re going to fall in love with the old Florida charm of this beautiful 3 bedroom, 3 bath bungalow with over 2500 square feet of living space in the heart of historic Dunnellon. The entire home has been completely renovated and lovingly maintained with new paint inside and out, new metal roof, upgraded electric, and wood-look tile floors. We all know when you live in Florida everyone wants to visit, and there is plenty of room for entertaining guests in this beautiful home. From the spacious main living area overlooking the heated pool, to the bright and cheerful sunroom, and the huge family room, there is plenty of space to spare. Two of the three bedrooms feature en-suite baths, and one of them also has French doors opening to the pool deck. And when you re not relaxing in the 22,000 gallon heated pool, you can enjoy your favorite outdoor activities in the extra large fenced-in yard. Did I mention the fantastic location, only 600 feet from the Rainbow River? You re only a short walk or a two minute bike ride to the city beach, as well as easy walking distance to restaurants, shopping, and the downtown Dunnellon festival area. As an added bonus, this home sells with the adjoining lot right next door, so you'll have plenty of privacy. This is a home you won't want to miss. Come see it for yourself, and see what true Florida living is all about!

Last Agent to Sell the Property

Stephanie Frost

BERKSHIRE HATHAWAY HS FLORIDA License #3171889 Listed on: 03/08/2021

BERKSHIRE HATHAWAY HS FLORIDA

Last Buyer's Agent

J. C. Acosta

ON TOP OF THE WORLD REAL EST License #3237813

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,891

Year Built

  • Built in 1962

Lot Details

  • 1.23 Acre Lot
  • Lot Dimensions are 154x188
  • East Facing Home
  • Fenced
  • Cleared Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned R3A

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Metal Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,594 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • French Doors
  • Ceramic Tile Flooring
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 3 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Gunite Pool

Outdoor Features

  • Covered patio or porch
  • Shed
  • Rain Gutters

Location

  • City Lot

Utilities

  • Zoned Heating and Cooling
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Rainbow River Acres Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / B
  • Assessor Parcel Number 3383-002-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,891

Year Built

Built in 1962

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Living Area: 2594.00
  • Lot Size Acres: 1.23
  • Year Built: 1962
  • Building Area Total: 2594.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM616374?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM616374?w=Customer
  • Lot Size Sq Ft: 28750
  • Number Of Lots: 2
  • Building Search Sq Meters: 240.99
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/OM616374?w=PubMLS
  • Directions to Property: From Ocala, head west on Hwy 484 to left on Palmetto Way to right on The Granada, to left on Magnolia, home is on right. From Dunnellon, head east on Hwy 484 to right on Riverview, to left on The Granada, then right on Magnolia, home is on right.
  • Escrow City: Dunnellon
  • Escrow Postal Code: 34432
  • Escrow State: FL
  • Escrow Street Name: Mary Street
  • Escrow Street Number: 12013
  • List Office Head Office Key Nume: 1044889
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 3
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Built in Features, Ceiling Fans(s), Solid Wood Cabinets, Split Bedroom, Thermostat, Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Living Area Meters: 240.99
  • Street Number Modifier: 12092

Exterior Features

  • Direction Faces: East
  • Other Structures: Shed(s)
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Fenced, French Doors, Rain Gutters
  • Roof: Metal
  • Flood Zone Code: X
  • Pool Private: Yes
  • Patio and Porch Features: Covered, Front Porch

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes

Utilities

  • Utilities: BB/HS Internet Available, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Lot Info

  • Total Acreage: 1 to less than 2
  • Zoning: R3A
  • Parcel Number: 3383-002-007
  • Additional Parcels Description: 3383-002-009
  • Additional Parcels: Yes
  • Lot Features: Cleared, In City Limits
  • Lot Dimensions: 154x188
  • Lot Size Square Meters: 2671

Rental Info

  • Minimum Lease: No Minimum

Tax Info

  • Tax Annual Amount: 4890.68
  • Tax Block: B
  • Tax Book Number: F/027
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2021
Closed on
Apr 15, 2021
Sold by
Shannon Ralph M and Shannon Bonnie B
Bought by
Storer Nicole Colette and Boyd David Cryton
Seller's Agent
Stephanie Frost
BERKSHIRE HATHAWAY HS FLORIDA
Buyer's Agent
J. C. Acosta
ON TOP OF THE WORLD REAL EST
List Price
$329,900
Sold Price
$348,000
Premium/Discount to List
$18,100
5.49%
Current Estimated Value
$484,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$136,186
Avg. Annual Appreciation
8.72%
Original Mortgage
$278,400
Outstanding Balance
$255,676
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$238,706

Purchase Details

Closed on
Nov 21, 2012
Sold by
Johnson Eric and Johnson Melissa
Bought by
Shannon Ralph M and Shannon Bonnie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
3.43%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Storer Nicole Colette $348,000 First International Ttl Inc
Shannon Ralph M $160,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Storer Nicole Colette $278,400
Previous Owner Shannon Ralph M $227,260
Previous Owner Shannon Ralph M $128,000
Previous Owner Johnson Eric $80,000
Previous Owner Johnson Eric $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $348,000 +5.5% $134 / Sq Ft
03/14/2021 03/14/21 Pending -- -- --
03/08/2021 03/08/21 For Sale $329,900 -- $127 / 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 $6,306 $385,217 $0 $0
2022 $6,334 $373,997 $0 $0
2021 $5,319 $288,651 $34,604 $254,047
2020 $4,891 $262,940 $34,604 $228,336
2019 $4,529 $242,148 $26,035 $216,113
2018 $4,096 $231,488 $25,541 $205,947
2017 $3,392 $173,851 $30,484 $143,367
2016 $3,266 $166,411 $0 $0
2015 $3,228 $162,022 $0 $0
2014 $2,995 $157,122 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM616374

Stellar MLS

APN: 3383-002-007