NOT LISTED FOR SALE

2922 Sugar Magnolia Dr Ocoee, FL 34761

Estimated Value: $477,011 - $550,000

3 Beds
2 Baths
2,263 Sq Ft
$230/Sq Ft Est. Value

Last Sold February 28, 2020

Last sale price $336,000 $148 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,983/month

85 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Clubhouse
  • Property is near a marina
  • Open Floorplan
  • Contemporary Architecture

About This Home

As of February 2020

Your search stops here! Don't miss the opportunity to make this BEAUTIFUL property in this gorgeous gated community Yours!! This AMELIA style home is the LAST in the community and includes a plethora of UPGRADES. The condition of this home is practically Brand NEW. It has NO REAR NEIGHBORS, a lake view, a park view, an upgraded floor plan with tiled floors, a large spacious family room with tray ceilings and design studio options with surround sound pre-wired. The gourmet kitchen showcases 42-inch espresso cabinets, a double oven, natural gas stove, granite countertops, Tiled Backsplash, huge island as well as a walk-in pantry to boot. There's a separate dining room, living room, breakfast nook and a large bonus room that could be used as an in-law suite. The home hosts an extended screened lanai prewired for two ceiling fans, and LED lights with dimmers are laid throughout the home to really set the mood. The Master Bath features a walk-in closet and garden tub, upgraded granite countertops with dual sinks in both master and guest bath, tile floors throughout and carpet in bedrooms and office space! The Grand back patio sports an open backyard, perfect for family gatherings! Located in Ocoee's newest community, directly off the famous West Orange Trail near 429. This exclusive community offers several parks, a community pool and cabana, just minutes away from groceries, restaurants, and retail for your convenience! This one won't last!!

Last Agent to Sell the Property

Ferris Kassar

PREFERRED REAL ESTATE BROKERS License #3317992 Listed on: 10/28/2019

PREFERRED REAL ESTATE BROKERS

Co-Listed By

Tarek Chbeir

License #3449535

Last Buyer's Agent

Milton James

COLDWELL BANKER RESIDENTIAL RE License #3248895

COLDWELL BANKER RESIDENTIAL RE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $855

Year Built

  • Built in 2018

Lot Details

  • 7,802 Sq Ft Lot
  • Key Lot That May Back To Multiple Homes
  • East Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Metered Sprinkler System
  • Landscaped with Trees
  • Property is zoned PUD-LD

HOA Fees

  • $120 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • On-Street Parking
  • Open Parking
  • Off-Street Parking
  • Golf Cart Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,263 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Thermal Windows
  • ENERGY STAR Qualified Windows
  • Insulated Windows
  • Shades
  • Shutters
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Breakfast Room
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Hall
  • Dryer
  • Washer

Home Security

  • Security Lights
  • Security Gate
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Property is near a marina
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near public transit
  • Property is near a golf course

Schools

  • Prairie Lake Elementary School
  • Ocoee Middle School
  • Ocoee High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Water Softener
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include community pool, security
  • Brandy Posey Association
  • Visit Association Website
  • Arden Park North Ph 2B Subdivision
  • The community has rules related to allowable golf cart usage in the community
  • Rental Restrictions

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Recreation Facilities
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Park

Security

  • Security Service
  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$855

Year Built

Built in 2018

Lot Details

0

HOA Fees

$120 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2263
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 2018
  • Building Area Total: 3018
  • Lot Size Sq Ft: 7802
  • Directions to Property: 429 south exit to Clarcona Ocoee Rd, left on Arden Park Blvd, left on Lake Sims Pkwy, left on Sugar Magnolia Dr, the house will be on your right side.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5821676?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5821676?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98853
  • Price per Sq Ft: 148.48
  • Close to Original List Price Ratio: 0.97391
  • Ratio: Current Price\Building Area Total: 111.33
  • View: No
  • Co List Office Mls Id: 261013043
  • Co List Office Phone: 407-440-4900
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, L Dining, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Skylight(s), Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds, Drapes, ENERGY STAR Qualified Windows, Insulated Windows, Rods, Shades, Shutters, Thermal Windows, Window Treatments
  • Street Number Modifier: 2922
  • Room Count: 7
  • Additional Rooms: Attic, Bonus Room, Breakfast Room Separate, Den/Library/Office, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Irrigation System, Lighting, Rain Gutters, Sidewalk, Sliding Doors, Sprinkler Metered
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Porch, Rear Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Other, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Curb Parking, Driveway, Garage Door Opener, Golf Cart Parking, Guest, Off Street, On Street, Open, Oversized, Parking Pad
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Fiber Optics, Fire Hydrant, Natural Gas Available, Public, Sewer Available, Sewer Connected, Street Lights, Water Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Corridor Access, Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Gated Community, Golf Carts OK, Park, Playground, Pool, Sidewalk, Tennis Courts
  • Association Amenities: Basketball Court, Clubhouse, Fitness Center, Gated, Park, Playground, Pool, Recreation Facilities, Security, Spa/Hot Tub, Tennis Court(s)
  • Association Fee: 120
  • Association Fee Frequency: Monthly
  • Association Name: Brandy Posey
  • Association: Yes
  • Security: Fire Sprinkler System, Gated Community, Key Card Entry, Security Gate, Security Lights, Smoke Detector(s)
  • Senior Community: No
  • Association Website: fsresidential.com
  • Association Email: brandy.posey@fsresidential.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1440
  • Monthly HOA Fee: 120
  • Total Monthly Fees: 120

Schools

  • Elementary School: Prairie Lake Elementary
  • High School: Ocoee High
  • Middle Or Junior School: Ocoee Middle

Lot Info

  • Zoning: PUD-LD
  • Parcel Number: 04-22-28-0156-01-530
  • Additional Parcels: No
  • Lot Features: Key Lot, Near Golf Course, Near Marina, Near Public Transit, Oversized Lot, Sidewalk
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Approval Process: Contact Association regarding approval process.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Contact Association regarding the leasing period and approval process.

Tax Info

  • Tax Annual Amount: 855.24
  • Tax Block: 01
  • Tax Book Number: 89/9
  • Tax Lot: 153

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2021
Sold by
Betancourt John A
Bought by
Betancourt John A and Lagares Maria E
Current Estimated Value
$521,253

Purchase Details

Listed on
Oct 28, 2019
Closed on
Feb 28, 2020
Sold by
Banos Osmani and Gonzalez Arlenys
Bought by
Betancourt John A
Seller's Agent
Ferris Kassar
PREFERRED REAL ESTATE BROKERS
Buyer's Agent
Milton James
COLDWELL BANKER RESIDENTIAL RE
List Price
$345,000
Sold Price
$336,000
Premium/Discount to List
-$9,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.26%
Original Mortgage
$336,000
Interest Rate
3.6%
Mortgage Type
VA

Purchase Details

Closed on
Jul 30, 2018
Sold by
Standard Pacific Of Florida
Bought by
Banos Osmani Gonzalez and Gonzalez Arlenys

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,190
Interest Rate
4.5%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Betancourt John A -- None Available
Betancourt John A $336,000 Nona Title Inc
Banos Osmani Gonzalez $312,300 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Betancourt John A $344,625
Closed Betancourt John A $336,000
Previous Owner Banos Osmani Gonzalez $243,190
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2020 02/28/20 Sold $336,000 -1.1% $148 / Sq Ft
01/18/2020 01/18/20 Pending -- -- --
11/15/2019 11/15/19 Price Changed $339,900 -1.4% $150 / Sq Ft
10/28/2019 10/28/19 Price Changed $344,900 0.0% $152 / Sq Ft
10/25/2019 10/25/19 For Sale $345,000 -- $152 / 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 $538 $272,109 -- --
2024 $534 $272,109 -- --
2023 $534 $256,738 $0 $0
2022 $6,061 $337,785 $65,000 $272,785
2021 $512 $242,000 $0 $0
2020 $4,507 $285,606 $45,000 $240,606
2019 $4,813 $287,302 $45,000 $242,302
2018 $855 $45,000 $45,000 $0
2017 $757 $35,000 $35,000 $0
2016 $776 $35,000 $35,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5821676

Stellar MLS

APN: 04-2228-0156-01-530