NOT LISTED FOR SALE

Estimated Value: $462,000 - $537,000

3 Beds
2.5 Baths
2,092 Sq Ft
$236/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $505,000 $241 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,018/month

18 Days on Market

Highlights

  • Gated Community
  • High Ceiling
  • 2 Car Attached Garage
  • Forest High School Rated A-
  • Covered Patio or Porch
  • Oversized Parking

About This Home

As of July 2024

Welcome to this gorgeous custom-built home in the SE Ocala gated community of Magnolia Park. This modern farmhouse boosts 3 bedroom, 2.5 baths, and an oversized garage with workshop. Charm meets you at the wrap-around front porch, and as you step into this open floor plan with beautiful 10-ft ceilings so bright and airy. The kitchen boosts elevated appliances and upgrades, light solid wood cabinetry and a large island with seating & storage. The gas fireplace will have you ready to cozy up on cooler nights. The dining area with dry bar opens up to the patio thru stunning telescopic doors and beckons you to entertain. A pantry and oversized laundry room offer ample storage possibilities. In a split floorplan, the primary bedroom features a large walk-in closet and spa-like ensuite bathroom. Large fenced yard with irrigation and so much room to play. Magnolia Park is a quiet gem with a private community park with playground, pickleball court, a walking path with fitness equipment and gazebo. This charmer sparkles and offers a care-free move in!

Last Agent to Sell the Property

Erin Howland

ROBERTS REAL ESTATE INC Brokerage Phone: 352-351-0011 License #3422274 Listed on: 05/20/2024

ROBERTS REAL ESTATE INC

Last Buyer's Agent

Brittney Mahaffey

OCALA'S FINEST REAL ESTATE LLC License #3343975

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,674

Year Built

  • Built in 2019

Lot Details

  • 0.4 Acre Lot
  • Lot Dimensions are 96x180
  • South Facing Home
  • Irrigation
  • Property is zoned R1AA

HOA Fees

  • $85 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Alley Access
  • Rear-Facing Garage
  • Garage Door Opener

Home Design

  • Block Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,092 Sq Ft Home
  • 1-Story Property
  • Dry Bar
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Maplewood Elementary School
  • Osceola Middle School
  • Forest High School

Utilities

  • Central Air
  • Heat Pump System

Listing and Financial Details

Community Details

Overview

  • The Magnolias Of Ocala Hoa, Inc. Association, Phone Number (407) 781-1188
  • Magnolia Park Subdivision

Recreation

  • Park

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,674

Year Built

Built in 2019

Lot Details

0

HOA Fees

$85 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 2092
  • Lot Size Acres: 0.4
  • New Construction: No
  • Year Built: 2019
  • Building Area Total: 3375
  • Lot Size Sq Ft: 17424
  • Status: Sold
  • Street Direction: SE
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Building Area Total Srch Sq M: 313.55
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 241.40
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 352-351-0011
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Dry Bar, Eat-in Kitchen, High Ceilings, Living Room/Dining Room Combo, Primary Bedroom Main Floor, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator
  • Foundation Details: Block
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Inside Utility
  • Living Area Meters: 194.35

Exterior Features

  • Direction Faces: South
  • Exterior Features: Irrigation System, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Patio, Side Porch
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Alley Access, Garage Door Opener, Garage Faces Rear, Oversized

Utilities

  • Utilities: Street Lights
  • Cooling: Central Air
  • Heating: Electric, Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Park
  • Association Fee: 85
  • Association Fee Frequency: Monthly
  • Association Name: The Magnolias of Ocala HOA, Inc.
  • Phone: 407-781-1188
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1020.00
  • Total Monthly Fees: 85.00
  • Monthly HOA Amount: 85.00

Schools

  • Elementary School: Maplewood Elementary School-M
  • High School: Forest High School
  • Middle Or Junior School: Osceola Middle School

Lot Info

  • Zoning: R1AA
  • Parcel Number: 29732-001-14
  • Additional Parcels: No
  • Lot Dimensions: 96x180
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 4673.65
  • Tax Block: A
  • Tax Book Number: 8-165MAGNOLI
  • Tax Lot: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2024
Closed on
Jul 8, 2024
Sold by
Sherman Thomas J and Sherman Laura G
Bought by
Patterson David L and Patterson Pamela G
Seller's Agent
Erin Howland
ROBERTS REAL ESTATE INC
Buyer's Agent
Brittney Mahaffey
OCALA'S FINEST REAL ESTATE LLC
List Price
$525,000
Sold Price
$505,000
Premium/Discount to List
-$20,000
-3.81%
Views
36
Current Estimated Value
$494,565

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,435
Avg. Annual Appreciation
-1.40%
Original Mortgage
$505,000
Outstanding Balance
$496,103
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
-$1,538

Purchase Details

Closed on
Nov 28, 2018
Sold by
Gaver Thomas G and Gaver Jennifer
Bought by
Sherman Thomas J and Sherman Laura G

Purchase Details

Closed on
Sep 7, 2018
Sold by
Subangle Investments Limited
Bought by
Gaver Thomas G and Gaver Jennifer
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Patterson David L $505,000 Affiliated Title
Sherman Thomas J -- Attorney
Gaver Thomas G $30,000 Affiliated Title Of Central
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patterson David L $505,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2024 07/08/24 Sold $505,000 -3.8% $241 / Sq Ft
06/08/2024 06/08/24 Pending -- -- --
05/20/2024 05/20/24 For Sale $525,000 -- $251 / 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 $4,200 $265,047 -- --
2024 $4,793 $295,307 -- --
2023 $4,793 $286,706 $0 $0
2022 $4,386 $278,355 $0 $0
2021 $4,567 $270,248 $26,000 $244,248
2020 $4,737 $259,085 $26,000 $233,085
2019 $480 $26,000 $26,000 $0
2018 $463 $25,500 $25,500 $0
2017 $480 $26,000 $26,000 $0
2016 $486 $26,000 $0 $0
2015 $486 $25,300 $0 $0
2014 $407 $23,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: OM678784

Stellar MLS

APN: 29732-001-14