Seller's Agent in 2021
Amelia Lyons
RE/MAX
(863) 244-7695
37 Total Sales
216 E Magnolia St Arcadia, FL 34266
Estimated Value: $374,000 - $401,949
2
Beds
1
Bath
3,454
Sq Ft
$112/Sq Ft
Est. Value
Highlights
- City View
- Attic
- Separate Outdoor Workshop
- Wood Flooring
- Corner Lot
- Front Porch
About This Home
As of May 2021** BACK ON MARKET *** HERE'S YOUR CHANCE TO live and work under the same roof OR Lease it all out. Either way - you have options with this one. ***THREE separate professional OFFICES **** in the front of the building with ****THREE EXISTING RENTALS****** TWO 2 bedroom/1 bath units and ONE 1 BEDROOM/1 BATH efficiency on the rear side of the building with plenty of parking to accommodate. Separate detached garage for storage or business purposes. Great location right on Highway 70 east in Arcadia. With rezoning, the large front offices MAY be converted (please check w Planning and Zoning) into another 2 br/1.5 bath apartment for a total of 4 single family rental units. The existing three units all have separate utilities and access to a common laundry room, garage is detached with an electric door and entrance on side street - Property is partially fenced. Excellent maintenance and located within a short distance to the courthouse, historic downtown, hospital, shopping, and restaurants. New roof, windows, siding, and misc. renovations in 2004. A 600 sf rear addition in 2005, 800 sf apartment addition in 2014, and interior floors and bathroom updates in 2016. Turn key income property. Call today for an appointment - this incredible investment opportunity simply WILL NOT LAST. Being offered as is.
Last Agent to Sell the Property
RE/MAX PALM REALTY License #3048019 Listed on: 01/22/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1954
Lot Details
- 14,505 Sq Ft Lot
- Property fronts a highway
- Fenced
- Corner Lot
- Oversized Lot
- Level Lot
- Street paved with bricks
Parking
- 1 Car Garage
- 1 Carport Space
- Parking Pad
- Common or Shared Parking
- Ground Level Parking
- Side Facing Garage
- Garage Door Opener
- Driveway
- Guest Parking
- On-Street Parking
- Off-Street Parking
- Assigned Parking
Home Design
- Quadruplex
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Block Exterior
Interior Spaces
- 3,454 Sq Ft Home
- Partially Furnished
- Ceiling Fan
- Decorative Fireplace
- Electric Fireplace
- Window Treatments
- Utility Room
- City Views
- Fire and Smoke Detector
- Range
- Attic
Flooring
- Wood
- Laminate
- Ceramic Tile
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
- Separate Outdoor Workshop
- Outdoor Storage
- Front Porch
Location
- City Lot
Schools
- West Elementary School
- Desoto Middle School
- Desoto County High School
Utilities
- Central Heating and Cooling System
- Thermostat
- Propane
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for electricity, sewer, water
- Legal Lot and Block 4 / 49
- Assessor Parcel Number 25-37-24-0012-0490-0040
Community Details
Overview
- 4,578 Sq Ft Building
- Town/Arcadia Subdivision
Pet Policy
- Pets Allowed
Building Details
- Gross Income $40,800
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 22, 2021
Closed on
May 3, 2021
Sold by
Bought by
Seller's Agent
Amelia Lyons
RE/MAX PALM REALTY
Buyer's Agent
Amelia Lyons
RE/MAX PALM REALTY
List Price
$319,000
Sold Price
$275,000
Premium/Discount to List
-$44,000
-13.79%
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
$111,316
Avg. Annual Appreciation
6.78%
Original Mortgage
$245,000
Outstanding Balance
$221,684
Interest Rate
3%
Mortgage Type
Balloon
Estimated Equity
$164,632
Purchase Details
Listed on
Apr 25, 2018
Closed on
Oct 1, 2018
Sold by
Bought by
Seller's Agent
Kaye Mercer
TURNER REALTY, INC.
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$279,900
Sold Price
$260,000
Premium/Discount to List
-$19,900
-7.11%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.19%
Original Mortgage
$230,000
Interest Rate
4.5%
Mortgage Type
Balloon
Purchase Details
Closed on
Mar 7, 2017
Sold by
Bought by
Purchase Details
Closed on
Nov 4, 2013
Sold by
Bought by
Purchase Details
Closed on
Feb 18, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$77,900
Interest Rate
5.87%
Mortgage Type
Commercial
Purchase Details
Closed on
May 29, 2003
Sold by
Bought by
Purchase Details
Closed on
Nov 8, 2001
Sold by
Bought by
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $275,000 | Arcadia Abstract & Ttl Co In | ||
| $260,000 | Arcadia Abstract & Tite Co I | ||
| -- | None Available | ||
| $80,000 | Arcadia Abstract & Title Com | ||
| $82,000 | -- | ||
| -- | -- | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $245,000 | ||
| Previous Owner | $230,000 | ||
| Previous Owner | $77,900 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/03/2021 05/03/21 | Sold | $275,000 | -13.8% | $80 / Sq Ft | |
| 03/22/2021 03/22/21 | Pending | -- | -- | -- | |
| 02/15/2021 02/15/21 | For Sale | $319,000 | 0.0% | $92 / Sq Ft | |
| 01/30/2021 01/30/21 | Pending | -- | -- | -- | |
| 01/22/2021 01/22/21 | For Sale | $319,000 | +22.7% | $92 / Sq Ft | |
| 10/01/2018 10/01/18 | Sold | $260,000 | -7.1% | $74 / Sq Ft | View Prior Sale |
| 07/26/2018 07/26/18 | Pending | -- | -- | -- | |
| 04/25/2018 04/25/18 | For Sale | $279,900 | -- | $79 / Sq Ft |
Source: Stellar MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $9,662 | $489,888 | $20,000 | $469,888 |
| 2023 | $7,732 | $342,958 | $20,000 | $322,958 |
| 2022 | $8,665 | $383,933 | $20,000 | $363,933 |
| 2021 | $7,545 | $311,776 | $20,000 | $291,776 |
| 2020 | $7,512 | $314,624 | $20,000 | $294,624 |
| 2019 | $6,881 | $273,481 | $20,000 | $253,481 |
| 2018 | $5,200 | $275,806 | $0 | $275,806 |
| 2017 | $4,238 | $211,119 | $0 | $211,119 |
| 2016 | $4,020 | $147,269 | $0 | $147,269 |
| 2015 | $4,096 | $148,417 | $0 | $148,417 |
| 2014 | $3,235 | $119,283 | $0 | $119,283 |
Source: Public Records
Agents Affiliated with this Home
-
Amelia Lyons
-
Kaye Mercer
Seller's Agent in 2018
Kaye Mercer
TURNER REALTY, INC.
(863) 990-7001
68 Total Sales
-
Stellar Non-Member Agent
S
Buyer's Agent in 2018
Stellar Non-Member Agent
FL_MFRMLS
Map
Source: Stellar MLS
MLS Number: A4489542
APN: 25-37-24-0012-0490-0040
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.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
Nearby Homes
- 2371 SE Hwy 31 Unit 52
- 505 E Oak St
- 225 S Hillsborough Ave
- 512 E Hickory St
- 103 N Brevard Ave
- 0 Florida 70
- 117 N Brevard Ave
- 146 N Hernando Ave
- 133 S Sumter Ave
- 147 N Polk Ave
- 204 N Monroe Ave
- 213 N Monroe Ave
- 27 S Manatee Ave
- 117 S Manatee Ave
- 223 N Monroe Ave
- 81 Park Place Unit 81
- 35 Park Place Unit 35
- 37 Park Place Unit 37
- 39 Park Place Unit 39
- 34 Park Place Unit 34
- 112 S Hillsborough Ave
- 210 E Magnolia St
- 116 S Hillsborough Ave
- 219 E Magnolia St
- 117 S Volusia Ave Unit 117-2
- 117 S Volusia Ave Unit 117-1
- 117 S Volusia Ave
- 314 E Magnolia St
- 120 S Hillsborough Ave
- 117 S Hillsborough Ave
- 305 E Magnolia St
- 123 S Volusia Ave
- 207 E Magnolia St
- 124 S Hillsborough Ave
- 15 S Hillsborough Ave
- 128 S Hillsborough Ave
- 322 E Magnolia St
- 132 E Magnolia St
- 118 S Hernando Ave
- 216 E Oak St
Your Personal Tour Guide
Ask me questions while you tour the home.