NOT LISTED FOR SALE

1353 N Magnolia Hill Way Inverness, FL 34453

Estimated Value: $180,000 - $248,000

3 Beds
2 Baths
1,296 Sq Ft
$155/Sq Ft Est. Value

Last Sold May 18, 2017

Last sale price $47,000 $36 Per Sq Ft

Est. 327% increase in value since last sale

Current estimated payment $1,259/month

140 Days on Market

Highlights

  • Wooded Lot
  • Wood Flooring
  • Fireplace
  • Ranch Style House
  • No HOA
  • Breakfast Bar

About This Home

As of May 2017

3 Bedroom, 2 Bath Ranch home located in Inverness, FL. Home is on a dead end street. Home is on a nice size lot with trees in the back and on the sides. Home has all appliances necessary, also has central air. The flooring in the dining, kitchen and bathrooms are in good condition. Roof needs to be replaced. Other repairs and updates may be necessary before move in ready.

Last Agent to Sell the Property

Cliff Glansen

Flatfee.com Listed on: 11/29/2016

Last Buyer's Agent

Luke Whitehurst

Century 21 J.W.Morton R.E. License #3273034

Century 21 J.W.Morton R.E.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $670

Year Built

  • Built in 1959

Lot Details

  • 0.26 Acre Lot
  • Wooded Lot
  • Property is zoned A1-M1

Parking

  • Driveway

Home Design

  • Ranch Style House
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,296 Sq Ft Home
  • Fireplace

Kitchen

  • Breakfast Bar
  • Dishwasher

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

  • Hernando Elementary School
  • Inverness Middle School
  • Citrus High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$670

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Architectural Style: Ranch
  • Carport Y N: No
  • Directions: Head northeast on E Turner Camp Rd toward N Lagoon Point. Turn right onto N Magnolia Hill Way. Destination will be on the left.
  • Garage Yn: No
  • Lot Size Acres: 0.26
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Subdivision Name: Not on List
  • Year Built: 1959
  • Special Features: 5120

Interior Features

  • Appliances: Dishwasher
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Fireplace
  • Living Area: 1296.0

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Concrete Driveway
  • Foundation Details: Block
  • Lot Features: Wooded
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Concrete, Driveway

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Water Source: Other

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Hernando
  • High School: Citrus
  • Middle Or Junior School: Inverness

Lot Info

  • Lot Size Sq Ft: 11200.0
  • Zoning: A1-M1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 670.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2016
Closed on
May 15, 2017
Sold by
Castle 2016 Llc
Bought by
Reo Residential Holdings Llc
Seller's Agent
Cliff Glansen
Flatfee.com
Buyer's Agent
Luke Whitehurst
Century 21 J.W.Morton R.E.
List Price
$74,900
Sold Price
$47,000
Premium/Discount to List
-$27,900
-37.25%
Total Days on Market
140
Current Estimated Value
$200,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,875
Avg. Annual Appreciation
17.90%

Purchase Details

Closed on
Nov 7, 2016
Sold by
Selene Finance Lp
Bought by
Castle 2016 Llc

Purchase Details

Closed on
Sep 24, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Bank Of America Na

Purchase Details

Closed on
Sep 1, 2012
Bought by
Reo Residential Holdings Llc

Purchase Details

Closed on
Aug 29, 2012
Sold by
Taylor Bean & Whitaker Mortgage Corp
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Aug 1, 2012
Bought by
Reo Residential Holdings Llc

Purchase Details

Closed on
Aug 1, 2009
Bought by
Reo Residential Holdings Llc

Purchase Details

Closed on
Jul 28, 2009
Sold by
Taylor Bean & Whitaker Mortgage Corp
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Jul 16, 2009
Sold by
Smith Florence Clarissa and Simpson Judith Paulette
Bought by
Taylor Bean & Whitaker Mortgage Corp

Purchase Details

Closed on
Jul 1, 2009
Bought by
Reo Residential Holdings Llc

Purchase Details

Closed on
Apr 1, 2009
Sold by
Simpson Judith Paulette and Simpson Judith Paulette
Bought by
Smith Florence Clarissa

Purchase Details

Closed on
Sep 27, 2007
Sold by
Simpson Judith Paulette
Bought by
Smith Florence Clarissa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$97,231
Interest Rate
6.36%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 1, 1998
Bought by
Reo Residential Holdings Llc

Purchase Details

Closed on
Jul 1, 1990
Bought by
Reo Residential Holdings Llc

Purchase Details

Closed on
Dec 1, 1989
Bought by
Reo Residential Holdings Llc

Purchase Details

Closed on
Mar 1, 1981
Bought by
Reo Residential Holdings Llc
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
Reo Residential Holdings Llc $47,000 First Intl Title Inc
Castle 2016 Llc $38,250 Bay National Title Company
Selene Finance Lp -- Bay National Title Company
Bank Of America Na -- None Available
Reo Residential Holdings Llc $100 --
The Secretary Of Housing & Urban Develop -- None Available
Reo Residential Holdings Llc $100 --
Reo Residential Holdings Llc $100 --
The Secretary Of Housing & Urban Develop -- Attorney
Taylor Bean & Whitaker Mortgage Corp -- None Available
Reo Residential Holdings Llc $100 --
Smith Florence Clarissa -- Equity National Title
Smith Florence Clarissa $98,000 Equity National Title Llc 02
Reo Residential Holdings Llc $23,000 --
Reo Residential Holdings Llc $28,000 --
Reo Residential Holdings Llc $100 --
Reo Residential Holdings Llc $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Florence Clarissa $97,231
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2017 05/18/17 Sold $47,000 -37.2% $36 / Sq Ft
04/18/2017 04/18/17 Pending -- -- --
11/29/2016 11/29/16 For Sale $74,900 -- $58 / Sq Ft
Source: REALTORS® Association of Citrus County

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 $1,623 $113,708 $5,760 $107,948
2023 $1,623 $113,781 $5,200 $108,581
2022 $1,507 $113,974 $4,160 $109,814
2021 $1,260 $82,720 $4,480 $78,240
2020 $1,107 $73,265 $4,490 $68,775
2019 $1,017 $64,424 $4,490 $59,934
2018 $903 $54,652 $4,490 $50,162
2017 $755 $43,840 $4,490 $39,350
2016 $727 $41,226 $4,960 $36,266
2015 $670 $36,222 $4,960 $31,262
2014 $688 $36,050 $4,660 $31,390
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Cliff Glansen

    Flatfee.com

    (954) 965-3990

    2,894 Total Sales

    Cliff Glansen
    Section Image
  • Luke Whitehurst

    Buyer's Agent in 2017

    Luke Whitehurst

    Century 21 J.W.Morton R.E.

    (352) 476-5578

    236 Total Sales

    Luke Whitehurst
    Section Image
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 753034

REALTORS® Association of Citrus County

APN: 20E-18S-33-0000-1B000-0150

Florida Citrus County Inverness 34453

1353 N Magnolia Hill Way, Inverness, FL

This home is located at 1353 N Magnolia Hill Way, Inverness, FL 34453 since 29 November 2016 and is currently estimated at $200,875, approximately $154 per square foot. This property was built in 1959. 1353 N Magnolia Hill Way is a home located in Citrus County with nearby schools including Hernando Elementary School, Inverness Middle School, and Citrus 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.

REALTORS® Association of Citrus County 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.

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