NOT LISTED FOR SALE

2423 White Magnolia Way Unit 2423 Sanford, FL 32771

Estimated Value: $162,889 - $176,000

1 Bed
1 Bath
869 Sq Ft
$208/mo HOA Fee

Last Sold August 27, 2021

Last sale price $132,000 $152 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,263/month

1 Day on Market

Highlights

  • Gated Community
  • Open Floorplan
  • Community Pool
  • Wilson Elementary School Rated A
  • Craftsman Architecture
  • Covered patio or porch

About This Home

As of August 2021

Cute, 2nd story, 1 bedroom, 1 bath condo in gated Sanford community! This unit offers completely open living areas, with tall ceilings, a breakfast bar, and separate laundry room. The master en suite has a large walk-in closet, double sinks and vanity and garden tub with sliding glass enclosure. All conveniently located in the safe, gated community of Arbor Lakes, near I-4, 417, Seminole Town Center & unlimited shops and restaurants. Enjoy all of the amenities that this community has to offer, including: a fitness center, Olympic-sized pool and spa, indoor sports court, playground, tennis court, & car wash station. Would be a great first home or investment!

Last Listed By

Samantha Hafner

DON ASHER & ASSOCIATES, INC. License #3261483 Listed on: 07/01/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,645

Year Built

  • Built in 2002

Lot Details

  • North Facing Home
  • Irrigation
  • Landscaped with Trees

HOA Fees

  • $208 Monthly HOA Fees

Home Design

  • Craftsman Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 869 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Ceiling Fan
  • Awning
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Covered patio or porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, ground maintenance
  • Randy Bowman Association, Phone Number (407) 688-2434
  • Visit Association Website
  • Arbor Lakes A Condo Subdivision

Recreation

  • Community Playground
  • Community Pool

Pet Policy

  • Pets up to 50 lbs
  • Pet Size Limit
  • 1 Pet Allowed
  • Breed Restrictions

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,645

Year Built

Built in 2002

Lot Details

0

HOA Fees

$208 per month

Listing Details

  • HOA Fee Includes: Community Pool, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Architectural Style: Craftsman
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 869
  • New Construction: No
  • Year Built: 2002
  • Directions to Property: i-4 east to 101A, right at exit light, left into arbor lakes, right into community, building 2400 on left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5955816?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5955816?w=Customer
  • Floor Number: 2
  • Homestead Y N: No
  • Number Of Pets: 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.01538
  • Price per Sq Ft: 151.9
  • Close to Original List Price Ratio: 1.01538
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 1
  • Levels: Two
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 2423
  • Room Count: 3

Exterior Features

  • Direction Faces: North
  • Exterior Features: Awning(s), Balcony, Irrigation System, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Gated Community, Playground, Pool, Sidewalk
  • Association Fee: 208.04
  • Association Fee Frequency: Monthly
  • Association Name: Randy Bowman
  • Phone: 407-688-2434
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Website: www.arborlakescondos.org
  • Association Email: randy@presidiocondo.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 2496.48
  • Monthly HOA Fee: 208.04
  • Total Monthly Fees: 208.04

Lot Info

  • Zoning: PD
  • Parcel Number: 32-19-30-504-1000-2423
  • Additional Parcels: No
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 50
  • Minimum Lease: 7 Months
  • Approval Process: No approval needed. Association requests a copy of the lease on file, and for all tenants to register themselves and their pets.
  • Num Timesper Year: 2
  • Pet Restrictions: Please verify pet restrictions with HOA.
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Please verify leasing restrictions with the HOA.

Tax Info

  • Tax Annual Amount: 1644.92
  • Tax Block: x
  • Tax Book Number: x
  • Tax Lot: x

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 1, 2021
Closed on
Aug 27, 2021
Sold by
Gaines Francis C and Gaines Marilyn S
Bought by
Torres Jared
Seller's Agent
Samantha Hafner
DON ASHER & ASSOCIATES, INC.
Buyer's Agent
Ralph Hernandez
List Price
$130,000
Sold Price
$132,000
Premium/Discount to List
$2,000
1.54%
Total Days on Market
1
Current Estimated Value
$167,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,630
Avg. Annual Appreciation
6.56%
Original Mortgage
$117,000
Outstanding Balance
$107,471
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$60,159

Purchase Details

Closed on
Jun 2, 2015
Sold by
Ramon Rachael D and Ramon Richard A
Bought by
Gaines Francis and Gaines Marilyn

Purchase Details

Closed on
Apr 17, 2006
Sold by
El Ad Arbor Lakes Llc
Bought by
Gaines Francis and Gaines Marilyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,992
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac

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 Buyer Sale Price Title Company
Torres Jared $132,000 First American Title Ins Co
Gaines Francis $40,500 Attorney
Gaines Francis -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torres Jared $117,000
Previous Owner Gaines Francis $122,056
Previous Owner Gaines Francis $131,992
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2021 08/27/21 Sold $132,000 +1.5% $152 / Sq Ft
07/02/2021 07/02/21 Pending -- -- --
07/01/2021 07/01/21 For Sale $130,000 -- $150 / 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
2024 $1,386 $120,993 -- --
2023 $1,333 $117,469 $0 $0
2021 $1,787 $94,578 $0 $0
2020 $1,645 $97,119 $0 $0
2019 $1,472 $81,527 $0 $0
2018 $1,374 $77,517 $0 $0
2017 $1,230 $64,598 $0 $0
2016 $1,286 $64,152 $0 $0
2015 $1,009 $57,024 $0 $0
2014 $1,009 $51,678 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5955816

Stellar MLS

APN: 32-19-30-504-1000-2423