NOT LISTED FOR SALE

2842 Magnolia Ave Lakeland, FL 33812

Estimated Value: $371,000 - $407,000

3 Beds
2 Baths
1,957 Sq Ft
$198/Sq Ft Est. Value

Last Sold June 10, 2022

Last sale price $370,000 $189 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,325/month

2 Days on Market

Highlights

  • Barn
  • Pond View
  • Living Room with Fireplace
  • Lincoln Avenue Academy Rated A-
  • 0.54 Acre Lot
  • No HOA

About This Home

As of June 2022

Beautiful South Lakeland home in desirable 33812 zip code is ready for you. This property has no HOA and sits on .54 acres! This is a rare find so don't miss out on your chance to own this 3 bedroom , 2 bath with an office/bonus room that can be used as an office , game room and more.. Home is nestled on a cul-de-sac and sits on a half acre lot with plenty of room for all your toys. So bring your boat, golf cart, ATVs or RVs. Property has a shed and a 3-stall barn equipped with running water and electric for any fur babies you may have . Sit back and relax in your over sized 28x26 screened-in lanai perfect for entertaining over looking your property and the pond in the distance. Huge master bedroom with walk-in closets. Upgraded kitchen with new stainless steel appliances and new laminate wood flooring. New Carpet in the bedrooms and freshly painted interior throughout. New Exterior paint and freshly landscaped. Living room is cozy and comfortable with its wood burning fire place surrounded by beautiful stone. Truly one of a kind home with cedar wood siding, its like your very own cabin in the woods. Located minutes from the Polk Parkway for easy access to Tampa or Orlando. Call today for your appointment and don't miss out on your chance to call this place home!!! Properties in this area are flying off the market!

Last Agent to Sell the Property

Rosalia Abreu

ALLSTATE REALTY SERVICES License #3316800 Listed on: 05/06/2022

Last Buyer's Agent

Theresa Broton

LA ROSA REALTY PRESTIGE License #3384154

LA ROSA REALTY PRESTIGE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,871

Year Built

  • Built in 1981

Lot Details

  • 0.54 Acre Lot
  • West Facing Home
  • Fenced
  • Property is zoned RE-1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,957 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Den
  • Inside Utility
  • Laundry Room
  • Pond Views

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Covered Patio or Porch
  • Shed

Farming

  • Barn
  • Pasture

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Meadow Grove Estates Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,871

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 1957
  • Lot Size Acres: 0.54
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 2307
  • Lot Size Sq Ft: 23566
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4920696?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4920696?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.05744
  • Price per Sq Ft: 189.06
  • Close to Original List Price Ratio: 1.05744
  • Ratio: Current Price\Building Area Total: 160.38
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Room Count: 6
  • Additional Rooms: Den/Library/Office, Inside Utility

Exterior Features

  • Direction Faces: West
  • Other Structures: Barn(s), Shed(s)
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Screened
  • Road Surface Type: Paved
  • Water View: Pond
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12105C0485G
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Room
  • Sewer: Septic Tank
  • Water Source: Public
  • Number Of Septics: 2
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RE-1
  • Parcel Number: 24-29-09-280020-000130
  • Additional Parcels: No
  • Lot Features: In County, Pasture
  • Horse Amenities: Other
  • Flood Zone Code: A
  • Flood Zone Date: 2016-12-22

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1871
  • Tax Book Number: 66-50
  • Tax Lot: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jun 10, 2022
Sold by
Nichole Labarr and Nichole Megan
Bought by
Balach Richard A and Balach Deborah L
Seller's Agent
Rosalia Abreu
ALLSTATE REALTY SERVICES
Buyer's Agent
Theresa Broton
LA ROSA REALTY PRESTIGE
List Price
$349,900
Sold Price
$370,000
Premium/Discount to List
$20,100
5.74%
Current Estimated Value
$387,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,372
Avg. Annual Appreciation
1.37%
Original Mortgage
$296,000
Outstanding Balance
$281,718
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$105,654

Purchase Details

Closed on
Jun 14, 2013
Sold by
Gourdouros Eleni K
Bought by
Labarr Timothy and Labarr Megan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,632
Interest Rate
3.37%

Purchase Details

Closed on
Aug 23, 2006
Sold by
Isbell William and Isbell Marie
Bought by
Gourdouros Eleni K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.67%
Source: Public Records

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
Balach Richard A $370,000 Greenleaf Title
Labarr Timothy $129,000 Attorney
Gourdouros Eleni K $215,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Balach Richard A $296,000
Previous Owner Labarr Timothy $131,632
Previous Owner Gourdouros Eleni K $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2022 06/10/22 Sold $370,000 +5.7% $189 / Sq Ft
05/09/2022 05/09/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $349,900 -- $179 / 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 $3,518 $271,462 -- --
2024 $3,314 $263,811 -- --
2023 $3,314 $256,127 $0 $0
2022 $1,863 $146,433 $0 $0
2021 $1,871 $142,168 $0 $0
2020 $1,835 $140,205 $0 $0
2018 $1,767 $134,498 $0 $0
2017 $1,726 $131,732 $0 $0
2016 $1,687 $129,023 $0 $0
2015 $1,363 $128,126 $0 $0
2014 $1,605 $127,109 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: P4920696

Stellar MLS

APN: 24-29-09-280020-000130