NOT LISTED FOR SALE

248 Magnolia Acres Ct Lutz, FL 33548

Estimated Value: $725,000 - $1,899,853

5 Beds
5 Baths
4,867 Sq Ft
$318/Sq Ft Est. Value

Last Sold July 23, 2024

Last sale price $1,900,000 $390 Per Sq Ft

Est. 19% decrease in value since last sale

Current estimated payment $8,877/month

566 Days on Market

Highlights

  • New Construction
  • In Ground Pool
  • 1.22 Acre Lot
  • Steinbrenner High School Rated A
  • View of Trees or Woods
  • Open Floorplan

About This Home

As of July 2024

COMPLETED!! Please see the walkthrough. Steinbrenner School District! The PRIVATE, LUXURIOUS AND GATED community of MAGNOLIA ESTATES offers this rare 1+ ACRE with PEACEFUL & SERENE CONSERVATION LOT where your new state-of-the-art magnificent one story CUSTOM home has been built for you and your dear family. Lutz Elementary School is most conveniently located at walking distance just across the street where you can be close to your little loved ones. The light filled OPEN FLOOR PLAN offers 4,867sf, 12'+ ceilings throughout, 5 bedrooms, 5 baths, OFFICE, BONUS ROOM, GRAND FOYER, SIDE ENTRY 3 CAR GARAGE, OUTDOOR KITCHEN, CUSTOM DESIGNED SALTWATER POOL and much more. The AC ZONING SYSTEM IS SET UP SEPARATELY FOR EACH BEDROOM. The chef’s kitchen is equipped with top-of-the-line JennAir appliances, 36” gas range, 54” built in refrigerator freezer, full vented hood, luxury designer wood cabinets and plenty of storage. No expense was spared in putting style, comfort, and function in mind to offer the ideal indoor-outdoor lifestyle you deserve. Look forward to bringing the party to the extravagant outdoor areas that can accommodate casual alfresco gatherings. Begin from the expansive fenced-in backyard that presents a large covered patio, top of the line outdoor kitchen, and a shimmering custom designed pool surrounded by peaceful and serene conservation views and verdant evergreens. NO CDD FEES!!!!! Conveniently located near multiple business, retail and dining establishments, roughly 2 miles from access to I-275, a quick commute to USF and Moffitt Cancer Center and an easy 20 minutes from downtown Tampa.

Last Agent to Sell the Property

Catalina Roman

KELLER WILLIAMS SOUTH TAMPA Brokerage Phone: 813-875-3700 License #3401028 Listed on: 10/06/2022

KELLER WILLIAMS SOUTH TAMPA

Last Buyer's Agent

Theresa McDonough

IMPACT REALTY TAMPA BAY License #3464869

IMPACT REALTY TAMPA BAY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,697

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 1.22 Acre Lot
  • Near Conservation Area
  • Cul-De-Sac
  • North Facing Home
  • Landscaped
  • Private Lot
  • Oversized Lot
  • Irrigation
  • Property is zoned ASC-1

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • Woods
  • Pool

Home Design

  • Slab Foundation
  • Tile Roof
  • Membrane Roofing
  • Block Exterior
  • Stone Siding
  • Stucco

Interior Spaces

  • 4,867 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Den
  • Bonus Room
  • Vinyl Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Pool

  • In Ground Pool
  • Saltwater Pool

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Schools

  • Lutz Elementary School
  • Buchanan Middle School
  • Steinbrenner High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heat Pump System
  • 1 Water Well
  • 1 Septic Tank

Community Details

  • Ray Rairigh, Jr. Association, Phone Number (813) 695-7288
  • Built by Rairigh Construction Management
  • Magnolia Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,697

Year Built

Built in 2023 | New Construction

Lot Details

0

HOA Fees

$200 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stone, Stucco
  • Fireplace: No
  • Living Area: 4867
  • Lot Size Acres: 1.22
  • New Construction: Yes
  • Year Built: 2023
  • Building Area Total: 7728
  • Lot Size Sq Ft: 53143
  • Directions to Property: From US-41S, turn right on to Crystal Lake Rd, immediate left on to Old US Highway 41, right on to Magnolia Acres Ct.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow City: Lutz
  • Escrow Postal Code: 33549
  • Escrow State: FL
  • Escrow Street Name: Florida 54
  • Escrow Street Number: 21748
  • List Office Head Office Key Nume: 203884503
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 390.38
  • Total Acreage: 1 to less than 2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Attribution Contact: 813-875-3700
  • Tax Year: 2022
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl
  • Full Bathrooms: 5
  • Interior Amenities: Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Exhaust Fan, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 248
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Bonus Room,Den/Library/Office
  • Living Area Meters: 452.16
  • Room Count: 10

Exterior Features

  • Direction Faces: North
  • Pool Features: In Ground, Salt Water
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Sliding Doors
  • Roof: Membrane, Tile
  • Pool Private: Yes
  • View: Pool, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Patio, Rear Porch
  • Road Surface Type: Asphalt
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air, Zoned
  • Heating: Heat Pump, Zoned
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Number of Wells: 1

Condo/Co-op/Association

  • Association Fee: 200
  • Association Fee Frequency: Monthly
  • Association Name: Ray Rairigh, Jr.
  • Phone: 813-695-7288
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Pet Restrictions: Buyer to verify with HOA
  • Association Fee Requirement: Required
  • Association Email: Rayrairigh@msn.com

Fee Information

  • Total Annual Fees: 2400.00
  • Total Monthly Fees: 200.00
  • Monthly HOA Amount: 200.00

Schools

  • Elementary School: Lutz-HB
  • High School: Steinbrenner High School
  • Middle Or Junior School: Buchanan-HB

Lot Info

  • Zoning: ASC-1
  • Parcel Number: 14084.0214
  • Additional Parcels: No
  • Lot Features: Conservation Area, Cul-De-Sac, Landscaped, Oversized Lot, Private
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 4937

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Rairigh Construction Management

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Yes
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Buyer to verify with HOA

Tax Info

  • Tax Block: 000000
  • Tax Book Number: 143/16
  • Tax Lot: 2

Multi Family

  • Approval Process: Buyer to verify with HOA

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Cavallini Christopher $1,520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/23/2024 07/23/24 Sold $1,900,000 -3.8% $390 / Sq Ft
04/25/2024 04/25/24 Pending -- -- --
04/18/2024 04/18/24 Price Changed $1,975,000 -1.2% $406 / Sq Ft
04/01/2024 04/01/24 For Sale $1,999,999 0.0% $411 / Sq Ft
03/05/2024 03/05/24 Pending -- -- --
02/01/2024 02/01/24 For Sale $1,999,999 0.0% $411 / Sq Ft
01/13/2024 01/13/24 Pending -- -- --
04/24/2023 04/24/23 Price Changed $1,999,999 -11.1% $411 / Sq Ft
10/06/2022 10/06/22 For Sale $2,250,000 -- $462 / 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 $3,697 $261,629 $261,629 --
2023 $3,697 $212,593 $212,593 --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3401341

Stellar MLS

APN: U-13-27-18-C93-000000-00002.0