NOT LISTED FOR SALE

Estimated Value: $866,000 - $1,298,000

5 Beds
2.5 Baths
3,112 Sq Ft
$330/Sq Ft Est. Value

Last Sold December 04, 2019

Last sale price $425,000 $137 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $6,059/month

61 Days on Market

Highlights

  • 120 Feet of Waterfront
  • Parking available for a boat
  • Oak Trees
  • Lakewood Ranch High School Rated A-
  • Community Stables
  • Home fronts a pond

About This Home

As of December 2019

Enjoy country living in a peaceful & serene equestrian community — Welcome to Magnolia Hill where you will find this beautiful piece of property and spacious home with just over 3,000 square feet with New Roof. Situated on 5 acres in a quiet cul-de-sac you will find a pond, mature vegetation, Florida Magnolia trees and plenty of additional shelter to park a boat or RV. For those that have a passion for horses or just animals in general, this is the place to be. Build your own horse stable or board your horses just steps away from your property. This home offers the ability to easily entertain friends and family. There is the ambience of a wood-burning fireplace, a pre-dinner area where you could comfortably fit a bar to prepare cocktails, a separate dining area, a game/tv room and plenty of room to relax on the lanai. Or, cast a line to get your catch of the day from the pond. When it comes down to business, there is even an office that is in a private location of the home to ensure there are no distractions. A perfect location/space for the remote worker, or computer enthusiast. Located only 20 minutes east of I-75 the commute offers breathtaking views of open space, oak trees, cows and horses. Luxury shopping at UTC mall is only 24 minutes away and beaches are just 35 minutes away. It just doesn’t get any better than this. If you have been contemplating making a move to the country free from Community fees look no further and schedule your showing today!

Last Agent to Sell the Property

Lisa Otte

DOUGLAS ELLIMAN License #3406205 Listed on: 09/06/2019

DOUGLAS ELLIMAN

Last Buyer's Agent

Denise Oyler

DENISE OYLER PA License #3144295

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,765

Year Built

  • Built in 1996

Lot Details

  • 5 Acre Lot
  • Home fronts a pond
  • 120 Feet of Waterfront
  • South Facing Home
  • Mature Landscaping
  • Oak Trees
  • Bamboo Trees

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Garage Door Opener
  • Open Parking
  • Parking available for a boat
  • RV Carport

Property Views

  • Pond
  • Woods

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,112 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Shades
  • Blinds
  • Drapes & Rods
  • French Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Bonus Room

Kitchen

  • Eat-In Kitchen
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Access To Pond
  • Covered Patio or Porch
  • Shed

Schools

  • Myakka City Elementary School
  • Nolan Middle School
  • Lakewood Ranch High School

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Well
  • Electric Water Heater
  • Water Purifier
  • Water Softener
  • Septic Tank
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Magnolia Hill Subdivision Community
  • Magnolia Hill Sub Subdivision

Recreation

  • Community Stables
  • Horses Allowed in Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,765

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3112
  • Lot Size Acres: 5
  • New Construction: No
  • Year Built: 1996
  • Lot Size Sq Ft: 217800
  • Directions to Property: From I-75, head East on Fruitville Road. Left at Verna Road, then right on Singletary. Drive approx one mile, left at 284th Street East. There is a sign that says Magnolia Hill. Take a right on 100th Drive East. Property is at the end of the cul-de-sac.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4443951?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4443951?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 10+
  • Total Acreage: 5 to less than 10
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.97724
  • Price per Sq Ft: 136.57
  • Close to Original List Price Ratio: 1.02434
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer, Water Purifier, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Window Features: Blinds, Drapes, Rods, Shades, Window Treatments
  • Street Number Modifier: 28801
  • Room Count: 9
  • Additional Rooms: Bonus Room, Formal Dining Room Separate, Formal Living Room Separate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Other Structures: Finished RV Port, Shed(s)
  • Exterior Features: French Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Water View: Pond
  • Water Access: Pond
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0455E
  • Waterfront Frontage: 120
  • Water Frontage Feet Pond: 120
  • Additional Water Information: Deepest point of the pond is 10 to 15 feet. Pond is stocked with Tilapia and has turtles.
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Boat, Covered, Garage Door Opener, RV Carport
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Public Remarks Required: One or more photo(s) has been virtually staged.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Stable(s), Horses Allowed
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Myakka City Elementary
  • High School: Lakewood Ranch High
  • Middle Or Junior School: Nolan Middle

Lot Info

  • Zoning: A
  • Parcel Number: 172203200
  • Additional Parcels: No
  • Lot Features: Zoned for Horses
  • Flood Zone Code: X,A
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Month
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2765
  • Tax Book Number: 25-29
  • Tax Lot: 63

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2019
Closed on
Dec 10, 2019
Sold by
Kelley Allan D and Kelley Lee C
Bought by
Deoliveira Wellington and Oliveira Nicole
Seller's Agent
Lisa Otte
DOUGLAS ELLIMAN
Buyer's Agent
Denise Oyler
DENISE OYLER PA
List Price
$414,900
Sold Price
$425,000
Premium/Discount to List
$10,100
2.43%
Current Estimated Value
$1,028,287

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,287
Avg. Annual Appreciation
16.67%
Original Mortgage
$120,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 1995
Sold by
Gallagher Linda K
Bought by
Kelley Allan D and Kelley Lee C

Purchase Details

Closed on
Mar 29, 1994
Sold by
Gallagher Robert
Bought by
Gallagher Linda K
Source: Public Records

Range of Values:

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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
Deoliveira Wellington $425,000 Attorney
Kelley Allan D $42,500 --
Gallagher Linda K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wellington Deoliveira $556,979
Closed Deoliveira Wellington $265,000
Closed Deoliveira Wellington $120,000
Previous Owner Kelley Allan D $30,000
Previous Owner Kelley Allan D $231,000
Previous Owner Kelley Allan D $258,000
Previous Owner Kelley Allan D $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/04/2019 12/04/19 Sold $425,000 -2.3% $137 / Sq Ft
11/06/2019 11/06/19 Pending -- -- --
10/31/2019 10/31/19 Price Changed $434,900 +4.8% $140 / Sq Ft
10/01/2019 10/01/19 For Sale $414,900 0.0% $133 / Sq Ft
09/24/2019 09/24/19 Pending -- -- --
09/06/2019 09/06/19 For Sale $414,900 -- $133 / 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 $5,474 $440,296 -- --
2024 $5,474 $414,836 -- --
2023 $5,474 $397,851 $0 $0
2022 $5,512 $386,263 $0 $0
2021 $5,291 $375,013 $0 $0
2020 $4,950 $328,550 $0 $0
2019 $2,898 $184,906 $0 $0
2018 $2,880 $181,458 $0 $0
2017 $2,642 $177,726 $0 $0
2016 $2,640 $174,071 $0 $0
2015 $2,780 $172,861 $0 $0
2014 $2,780 $171,489 $0 $0
2013 $2,773 $168,955 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4443951

Stellar MLS

APN: 1722-0320-0