$470,000
SOLD APR 25, 2025

127 Magnolia Dr East Palatka, FL 32131

2 Beds
2 Baths
1,898 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$248 Per Sq Ft

7% Below List Price

77 Days on Market

Highlights

  • Home fronts a canal
  • 1 Car Attached Garage
  • Carpet
  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of April 2025

Welcome to a stunning property that boasts a variety of attractive features. The heart of the home, the kitchen, is equipped with stainless steel appliances and an accent backsplash. It also includes a center island, perfect for meal preparation or casual dining. The primary bathroom is designed with double sinks for convenience. The living room is made cozy by a warm fireplace, perfect for those chilly nights. Step outside to a covered patio, an ideal spot for outdoor relaxation. The backyard is highlighted by a private in-ground pool, a perfect oasis for summertime enjoyment. This property truly offers a unique blend of comfort and luxury. Don't miss out on this incredible opportunity.

Last Agent to Sell the Property

GREGORY BLACKALL

OPENDOOR BROKERAGE, LLC. Brokerage Email: homes@opendoor.com License #3303983 Listed on: 02/24/2025

Co-Listed By

Lynnette Easterling

OPENDOOR BROKERAGE, LLC. Brokerage Email: homes@opendoor.com License #3466518

Last Buyer's Agent

LORI REINHARDT

EXIT 1 STOP REALTY License #3222651

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,022

Year Built

  • Built in 1981

Lot Details

  • 7,841 Sq Ft Lot
  • Home fronts a canal

Parking

  • 1 Car Attached Garage

Home Design

  • Shingle Roof

Interior Spaces

  • 1,898 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Schools

  • Browning Pearce Elementary School
  • Crescent City Middle School
  • Palatka High School

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Community Details

  • No Home Owners Association
  • Palm Port Subdivision

Listing and Financial Details

  • Assessor Parcel Number 400927704000000440

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,022

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • New Construction: No
  • Stories: 1
  • Year Built: 1981
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 0.18
  • Subdivision Name: Palm Port
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • General Property Information Living Area2: 1898.0
  • General Property Information Waterfront YN: Yes
  • General Property Information New Construction YN: No
  • Cooling Central Air: Yes
  • Water Source Public: Yes
  • General Property Information Accessibility Features YN2: No
  • Appliances Microwave: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Carport YN: No
  • Utilities Electricity Connected: Yes
  • Levels One: Yes
  • General Property Information:Pool Private YN: Yes
  • Special Features: None

Interior Features

  • Major Appliances: Other, Microwave
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet
  • Living Area: 1898.0

Exterior Features

  • Waterfront: Yes
  • Roof: Shingle
  • Pool Features: In Ground
  • Pool Private: Yes
  • Waterfront Features: Canal Front
  • Waterfront Features:Canal Front: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage
  • General Property Information:Garage Spaces: 1.0
  • Parking Features:Attached: Yes
  • Parking Features:Garage: Yes
  • General Property Information:Garage YN: Yes

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric3: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Association/Amenities

  • General Property Information:Association YN: No

Schools

  • Elementary School: Browning Pearce
  • High School: Palatka
  • Middle Or Junior School: Crescent City

Lot Info

  • Current Use: Other
  • Lot Size Sq Ft: 7840.8
  • Parcel #: 400927704000000440

Tax Info

  • Tax Annual Amount: 3021.98
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2025
Closed on
Apr 25, 2025
Sold by
Opendoor Property Trust
Bought by
Whelan Patrick
Seller's Agent
GREGORY BLACKALL
OPENDOOR BROKERAGE, LLC.
Buyer's Agent
LORI REINHARDT
EXIT 1 STOP REALTY
List Price
$504,000
Sold Price
$470,000
Premium/Discount to List
-$34,000
-6.75%
Views
15
Current Estimated Value
$491,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,820
Avg. Annual Appreciation
12.34%

Purchase Details

Closed on
Jan 16, 2025
Sold by
Mills Robert J and Mills Angela A
Bought by
Opendoor Property Trust

Purchase Details

Closed on
Mar 16, 2023
Sold by
Mills Robert J and Mills Angela A
Bought by
Mills Robert J and Mills Robert J

Purchase Details

Closed on
Sep 22, 2016
Sold by
Mcgonigle Mcgonigle W and Mcgonigle Pamela Faye
Bought by
Mills Robert J and Mills Angela A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,127
Interest Rate
3.45%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 1, 2013
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Boatwright Ii Carless J

Purchase Details

Closed on
May 27, 2009
Sold by
Mcgonigle W Michael and Mcgonigle Pamela Faye
Bought by
Mcgonigle W Michael and Mcgonigle Pamela Faye

Purchase Details

Closed on
Dec 28, 2005
Sold by
Huntley Charles R and Huntley Stacie Renee
Bought by
Koukos Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,500
Interest Rate
6.04%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 2, 2004
Sold by
Costley John A
Bought by
Mcgonigle W Michael and Mcgonigle Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
10%
Mortgage Type
Balloon

Purchase Details

Closed on
Nov 29, 2002
Sold by
Chirico Anthony and Chirico Phyllis
Bought by
Costley John A
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 Type Sale Price Title Company
Warranty Deed $470,000 Os National Title
Warranty Deed $470,000 Os National Title
Warranty Deed $427,600 None Listed On Document
Deed -- --
Deed $290,000 Attorney
Special Warranty Deed $35,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $135,000 Gullett Title Inc
Warranty Deed $250,000 --
Warranty Deed $174,900 Gullett Title Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 New Conventional
Previous Owner $250,000 New Conventional
Previous Owner $264,127 FHA
Previous Owner $110,500 Unknown
Previous Owner $13,500 Credit Line Revolving
Previous Owner $108,000 Fannie Mae Freddie Mac
Previous Owner $200,000 Unknown
Previous Owner $250,000 Balloon
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/25/2025 04/25/25 Sold $470,000 -4.1% $248 / Sq Ft
04/15/2025 04/15/25 Pending -- -- --
03/27/2025 03/27/25 Price Changed $490,000 -2.0% $258 / Sq Ft
03/13/2025 03/13/25 Price Changed $500,000 -0.8% $263 / Sq Ft
02/24/2025 02/24/25 For Sale $504,000 0.0% $266 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
02/06/2025 02/06/25 Price Changed $504,000 -0.2% $266 / Sq Ft
01/28/2025 01/28/25 For Sale $505,000 -- $266 / Sq Ft
Source: realMLS (Northeast Florida Multiple Listing Service)

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 $3,022 $210,380 -- --
2023 $2,933 $204,260 $0 $0
2022 $2,725 $194,950 $0 $0
2021 $2,706 $189,280 $0 $0
2020 $2,716 $186,670 $0 $0
2019 $2,702 $182,480 $152,650 $29,830
2018 $2,693 $179,080 $155,600 $23,480
2017 $2,700 $175,400 $151,920 $23,480
2016 $1,067 $83,110 $0 $0
2015 $1,073 $82,539 $0 $0
2014 $1,122 $81,884 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: realMLS (Northeast Florida Multiple Listing Service)

MLS Number: 2067062

realMLS (Northeast Florida Multiple Listing Service)

APN: 40-09-27-7040-0000-0440