16602 Magnolia Terrace Montverde, FL 34756
4
Beds
3
Baths
2,766
Sq Ft
0.76
Acres
Highlights
- View of Trees or Woods
- Vaulted Ceiling
- Solid Surface Countertops
- Lake Minneola High School Rated A-
- Separate Formal Living Room
- Mature Landscaping
About This Home
As of January 2022Come see this amazing and very well maintained 4 bedroom, 3 full bath home situated in the desirable Magnolia Terrace community located in quaint Montverde. This beautiful home offers a quiet retreat with your own private secluded conservation lot with no rear neighbors. The open floor plan is wonderful for family gatherings & easy access to the lanai for your outdoor entertaining with tranquil views. Within the past month the exterior of the home has been professionally painted, complimented with updated landscaping and new plush carpet in the family room. The kitchen has pull out drawers in cabinets with Corian countertops and a large walk in pantry for additional storage space. Soaring ceilings provide a large spacious feel with upgraded blinds on the windows. An extra-large master bedroom with a large walk in closet completes this beautiful home. Master bath is appointed w/double sinks, tub & shower. To top this off the home is equipped with a central water filtration system. With the sprawling & private backyard overlooking a preserve you will never worry about having rear neighbors! Equally important, there is private ample space for entertaining outdoors inside the screened in patio. Plenty of parking w/ the 3 car garage & oversized brick paver driveway. Montverde is centrally located to esteemed Montverde Academy, Clermont, Hospitals, Restaurants & easy access to the Turnpike. Don't delay, come see this home today!
Last Agent to Sell the Property
John Ardizone
ARDIZONE License #3075219 Listed on: 06/29/2020
Last Buyer's Agent
John Ardizone
ARDIZONE License #3075219 Listed on: 06/29/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,497
Year Built
- Built in 2002
Lot Details
- 0.76 Acre Lot
- Near Conservation Area
- South Facing Home
- Mature Landscaping
- Well Sprinkler System
- Landscaped with Trees
HOA Fees
- $33 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Side Facing Garage
- Garage Door Opener
- Driveway
- Open Parking
Home Design
- Slab Foundation
- Shingle Roof
- Block Exterior
- Stucco
Interior Spaces
- 2,766 Sq Ft Home
- 1-Story Property
- Vaulted Ceiling
- Ceiling Fan
- Blinds
- Sliding Doors
- Family Room Off Kitchen
- Separate Formal Living Room
- Formal Dining Room
- Den
- Inside Utility
- Views of Woods
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Solid Surface Countertops
- Solid Wood Cabinet
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Home Security System
- Security Lights
- Fire and Smoke Detector
Outdoor Features
- Screened Patio
Schools
- Grassy Lake Elementary School
- East Ridge Middle School
- Lake Minneola High School
Utilities
- Central Heating and Cooling System
- Well
- Septic Tank
- Cable TV Available
Community Details
- Magnolia Terrace HOA
- Magnolia Terrace Ph 01 Subdivision
- The community has rules related to deed restrictions, allowable golf cart usage in the community, no truck, recreational vehicles, or motorcycle parking
Listing and Financial Details
- Down Payment Assistance Available
- Visit Down Payment Resource Website
- Tax Lot 8
- Assessor Parcel Number 11-22-26-1300-000-00800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2021
Closed on
Jan 7, 2022
Sold by
Gjunkshi and Mirela
Bought by
Condron Matthew Benson and Condron Kelly R
Seller's Agent
Gigi Capria
WE CAN DO IT REALTY
Buyer's Agent
Gerry Klaus
VELEZ COURTESY MANAGEMENT
List Price
$549,900
Sold Price
$535,000
Premium/Discount to List
-$14,900
-2.71%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,467
Avg. Annual Appreciation
8.42%
Original Mortgage
$395,000
Interest Rate
3.11%
Mortgage Type
New Conventional
Purchase Details
Listed on
Jun 29, 2020
Closed on
Oct 16, 2020
Sold by
Horst Jeffery Layton
Bought by
Gjunkshi Kujtim and Gjunkshi Mirela
Seller's Agent
John Ardizone
ARDIZONE
Buyer's Agent
John Ardizone
ARDIZONE
List Price
$420,000
Sold Price
$385,000
Premium/Discount to List
-$35,000
-8.33%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.67%
Original Mortgage
$288,750
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 9, 2019
Sold by
Horst Jeffrey Layton
Bought by
Horst Jeffrey Layton
Purchase Details
Closed on
Jul 16, 2001
Sold by
Ebbtide Const & Dev Inc
Bought by
Horst Raymond W and Horst Helen
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $535,000 | Loterstein Mark J | |
| Warranty Deed | $535,000 | None Listed On Document | |
| Warranty Deed | $385,000 | Fidelity Natl Ttl Of Fl Inc | |
| Interfamily Deed Transfer | -- | Attorney | |
| Deed | $41,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $395,000 | New Conventional | |
| Previous Owner | $288,750 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/07/2022 01/07/22 | Sold | $535,000 | -2.7% | $193 / Sq Ft |
| 11/27/2021 11/27/21 | Pending | -- | -- | -- |
| 11/05/2021 11/05/21 | For Sale | $549,900 | +42.8% | $199 / Sq Ft |
| 10/16/2020 10/16/20 | Sold | $385,000 | -8.3% | $139 / Sq Ft |
| 09/13/2020 09/13/20 | Pending | -- | -- | -- |
| 08/07/2020 08/07/20 | For Sale | $420,000 | 0.0% | $152 / Sq Ft |
| 07/23/2020 07/23/20 | Pending | -- | -- | -- |
| 07/16/2020 07/16/20 | Price Changed | $420,000 | -4.5% | $152 / Sq Ft |
| 06/28/2020 06/28/20 | For Sale | $440,000 | -- | $159 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $8,506 | $545,440 | -- | -- |
| 2024 | $8,506 | $545,440 | -- | -- |
| 2023 | $8,506 | $530,359 | $187,200 | $343,159 |
| 2022 | $6,446 | $413,359 | $70,200 | $343,159 |
| 2021 | $5,592 | $352,699 | $0 | $0 |
| 2020 | $5,637 | $352,699 | $0 | $0 |
| 2019 | $5,497 | $327,401 | $0 | $0 |
| 2018 | $3,057 | $223,527 | $0 | $0 |
| 2017 | $3,005 | $218,930 | $0 | $0 |
| 2016 | $2,992 | $214,428 | $0 | $0 |
| 2015 | $3,066 | $212,938 | $0 | $0 |
| 2014 | $2,981 | $211,249 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Gigi Capria
Seller's Agent in 2022
Gigi Capria
WE CAN DO IT REALTY
(352) 630-5826
37 Total Sales
-
Gerry Klaus
G
Buyer's Agent in 2022
Gerry Klaus
VELEZ COURTESY MANAGEMENT
(407) 929-6958
28 Total Sales
-
J
Seller's Agent in 2020
John Ardizone
ARDIZONE
-
John Ardizone Jr
Seller Co-Listing Agent in 2020
John Ardizone Jr
MILLENNIA REALTY GRP, LLC
(407) 970-3636
17 Total Sales
Map
Source: Stellar MLS
MLS Number: O5874045
APN: 11-22-26-1300-000-00800
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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