$600,000
SOLD FEB 17, 2022

16449 Magnolia Bluff Dr Montverde, FL 34756

4 Beds
3 Baths
2,559 Sq Ft
0.55 Acres

Recently Sold

$234 Per Sq Ft

4% Below List Price

12 Days on Market

Highlights

  • Screened Pool
  • Vaulted Ceiling
  • Separate Formal Living Room
  • Lake Minneola High School Rated A-
  • Main Floor Primary Bedroom
  • Stone Countertops

About This Home

As of May 2022

Montverde pool home. Four-bedroom, three-bath home is situated on more than half an acre, has more than 2,500 square feet of living and a fantastic rear-covered lanai area, screened-in pool deck areas and even a garden filled with herbs, peppers and blueberry bush! Popular and very functional floor plan with both family and formal rooms. When you walk into the home, you see all the way through the large sliding glass doors on the other side of the formal living room. The formal dining is perfectly situated at the front of the home with a window bringing in all the natural light. The kitchen has plenty of cabinets and pretty granite countertops, including the breakfast bar. Need extra space? The walk-in pantry has plenty of extra shelves for you. The breakfast nook has windows overlooking the lanai and pool area, a perfect spot for casual meals or morning coffee. The family room is a large room off the kitchen and has pocketing sliding glass doors to bring the outside breezes in on those cooler days. These also make entertaining a dream, with easy access to the kitchen and several potential barbecue areas outside. Triple, split bedroom plan, the two bedrooms at the rear of the home also have the pool bath nearby, so easy access from the outside. The fourth bedroom is perfectly situated with a full bath for extended guests and family. The master suite has been extended with an extra sitting room near the French doors that lead to the pool and lanai. The bedroom itself has a tray ceiling and dual walk-in closets at the entry to the bath. There are dual vanities, a soaking garden tub, plus a separate shower with a glass enclosure. The pool and lanai area are amazing, so much space for everyday living, as well as large parties and entertaining. The heated pool has new solar panels with the roof, a waterfall and two fan features, a saltwater system (new salt cell and pump 2021), plus a massive screened-in cage. Step out of this space, and you have a huge, rear yard oasis. Sit at the rear of the yard and take advantage of those breezes and views. Fully fenced-in yard, vinyl privacy fence at the front and a wrought-iron-look aluminum fence in the rear. They added a small band at the bottom if you have a small dog, too. Great location at the end of a dead street/cul-de-sac, tree-lined sidewalks and no rear neighbors. New roof, AC, pool pump and salt cell, newer well tank and switch, plus repainted the whole house a few months ago. Phenomenal location in the well-maintained community with low HOA, convenient to all major roads, shopping and restaurants within 10 minutes and very convenient to Montverde Academy. Please make sure to see the interior/drone video, then make your appointment.

Last Agent to Sell the Property

Dawn Giachetti

PREMIER SOTHEBYS INT'L REALTY License #669418 Listed on: 01/21/2022

PREMIER SOTHEBYS INT'L REALTY

Last Buyer's Agent

Luz (Lucy) Rosa

CHARLES RUTENBERG REALTY ORLANDO License #3350453

CHARLES RUTENBERG REALTY ORLANDO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,412

Year Built

  • Built in 2001

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 100x224x100x253
  • Street terminates at a dead end
  • South Facing Home
  • Fenced
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $33 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Side Facing Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,559 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Breakfast Room
  • Formal Dining Room
  • Inside Utility
  • Laundry Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Saltwater Pool
  • Fence Around Pool

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Propane
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Covered patio or porch
  • City Lot

Community Details

  • Magnolia Terrace HOA
  • Visit Association Website
  • Magnolia Terrace Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,412

Year Built

Built in 2001

Lot Details

0

HOA Fees

$33 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2559
  • Lot Size Acres: 0.55
  • New Construction: No
  • Year Built: 2001
  • Lot Size Sq Ft: 23743
  • Directions to Property: From 50/455 go north on CR 455, left at stop sign, left on Ridgewood, Magnolia Terrace entrance on left, then go left, home at end on left. OR 50/Hancock, go north on Hancock, right on Old Hwy 50, left on Blackstill Lake, right on Fosgate, right on Ridgewood, Magnolia Terrace second entrance on right, then left on Magnolia Bluff, home on left
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5050904?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5050904?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96
  • Price per Sq Ft: 234.47
  • Close to Original List Price Ratio: 0.96
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Master Bedroom Main Floor, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 16449
  • Room Count: 10
  • Additional Rooms: Breakfast Room Separate, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility

Exterior Features

  • Direction Faces: South
  • Pool Features: Gunite, Heated, In Ground, Salt Water, Screen Enclosure
  • Exterior Features: Fenced, Irrigation System, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Rear Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12069C0585E
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Garage Faces Side, Parking Pad
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Propane, Public, Water Connected
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 400
  • Association Fee Frequency: Annually
  • Association Name: Magnolia Terrace HOA
  • Association: Yes
  • Senior Community: No
  • Association Website: magnoliaterrace.org
  • Association Email: magnoliaterracehoa@gmail.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 400
  • Monthly HOA Fee: 33.33
  • Total Monthly Fees: 33.33

Lot Info

  • Parcel Number: 11-22-26-1300-000-03300
  • Additional Parcels: No
  • Fencing: Other
  • Lot Features: City Lot, Sidewalk
  • Lot Dimensions: 100x224x100x253
  • Flood Zone Code: X
  • Flood Zone Date: 2012-12-18

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: see attached deed restriction and check with county restrictions

Tax Info

  • Tax Annual Amount: 3412
  • Tax Block: 000
  • Tax Book Number: 43-45-47
  • Tax Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2022
Closed on
May 2, 2022
Sold by
Nicholas Russo Jr and Nicholas Nancy
Bought by
Mccormack Shane Andrew and Barker Alexandra Marie
Seller's Agent
Jennifer Stein
HOMELISTER, INC
Buyer's Agent
Alice Sirois
ARELLANO REALTY & INVESTMENTS
List Price
$629,900
Sold Price
$635,000
Premium/Discount to List
$5,100
0.81%
Current Estimated Value
$691,105

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,105
Avg. Annual Appreciation
4.37%
Original Mortgage
$476,250
Outstanding Balance
$455,100
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$274,039

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 17, 2022
Sold by
Michael Stemples Lance and Michael Eliette Vanessa
Bought by
Russo Nicholas and Russo Nancy
Seller's Agent
Dawn Giachetti
PREMIER SOTHEBYS INT'L REALTY
Buyer's Agent
Luz (Lucy) Rosa
CHARLES RUTENBERG REALTY ORLANDO
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
32.77%
Original Mortgage
$300,000
Interest Rate
2.77%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 5, 2017
Closed on
Oct 10, 2017
Sold by
Copeland Hobby Jimmie Dean and Copeland Hobby Lucille
Bought by
Stemples Lance Michael and Stemples Vanessa Eliette
Seller's Agent
Robert Arnold
SAND DOLLAR REALTY GROUP INC
Buyer's Agent
Carmen Aridas
RE/MAX PRIME PROPERTIES
List Price
$399,999
Sold Price
$355,000
Premium/Discount to List
-$44,999
-11.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.89%
Original Mortgage
$282,000
Interest Rate
3.82%
Mortgage Type
FHA
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 Type Sale Price Title Company
Warranty Deed $635,000 Landcastle Title
Warranty Deed $600,000 Metka Law Firm Pa
Warranty Deed $355,000 Brokers Title Of Longwood I
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $476,250 New Conventional
Previous Owner $300,000 New Conventional
Previous Owner $282,000 FHA
Previous Owner $340,600 New Conventional
Previous Owner $49,968 Unknown
Previous Owner $50,000 Credit Line Revolving
Previous Owner $360,000 Unknown
Previous Owner $93,626 Unknown
Previous Owner $65,000 Unknown
Previous Owner $50,000 Stand Alone Second
Previous Owner $189,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $635,000 +0.8% $248 / Sq Ft
03/21/2022 03/21/22 Pending -- -- --
03/19/2022 03/19/22 For Sale $629,900 +5.0% $246 / Sq Ft
02/17/2022 02/17/22 Sold $600,000 -4.0% $234 / Sq Ft
02/01/2022 02/01/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $625,000 +76.1% $244 / Sq Ft
08/17/2018 08/17/18 Off Market $355,000 -- --
10/19/2017 10/19/17 Sold $355,000 -3.8% $142 / Sq Ft
09/03/2017 09/03/17 Pending -- -- --
08/14/2017 08/14/17 Price Changed $369,000 -4.2% $147 / Sq Ft
07/24/2017 07/24/17 Price Changed $385,000 -3.7% $154 / Sq Ft
07/05/2017 07/05/17 For Sale $399,999 -- $160 / 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
2025 $6,391 $461,470 -- --
2024 $6,391 $461,470 -- --
2023 $6,391 $434,987 $0 $0
2022 $3,647 $259,690 $0 $0
2021 $3,412 $252,134 $0 $0
2020 $3,386 $248,653 $0 $0
2019 $3,446 $243,063 $0 $0
2018 $5,120 $309,450 $0 $0
2017 $3,520 $249,883 $0 $0
2016 $3,507 $0 $0 $0
2015 $3,595 $0 $0 $0
2014 $3,510 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5050904

Stellar MLS

APN: 11-22-26-1300-000-03300