NOT LISTED FOR SALE

405 Magnolia Ave Sebring, FL 33870

Sebring Area

Estimated Value: $114,000 - $149,000

2 Beds
2 Baths
1,032 Sq Ft
$126/Sq Ft Est. Value

Sale Details

Date Sold: January 30, 2023

Last sale price $108,000 $105 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $925 / mo

9 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property
  • Front Porch

About This Home

As of January 2023

**Investment Opportunity**
This 1924 bungalow has tons of character and original charm that add a unique touch like original hardwood floors, trim and baseboards, built-ins, and 4+1 windows. With some updates and minor renovations there are tons of potential for this home - zoned R-3 multifamily - use as a rental, AirBNB or renovate and resell.

Cash offers only. Being sold as-is.

Last Agent to Sell the Property

Cullen Wheeler

Future Home Realty, Inc. License #3332589 Listed on: 01/02/2023

Future Home Realty, Inc.

Last Buyer's Agent

SEBRING NON MLS

NON-MLS OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,693

Year Built

  • Built in 1924

Lot Details

  • 6,550 Sq Ft Lot
  • Zoning described as R3

Home Design

  • Frame Construction
  • Shingle Roof
  • Aluminum Siding
  • Vinyl Siding

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property

Kitchen

  • Oven
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • Driveway
  • On-Street Parking

Schools

  • Woodlawn Elementary School
  • Hill-Gustat Middle School
  • Sebring High School

Additional Features

  • Front Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number S-29-34-29-070-0820-0080

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,693

Year Built

Built in 1924

Lot Details

6,550 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.15
  • Road Surface Type: Paved
  • Directions: From US HWY 27 N and Sebring Parkway - Keep right to continue toward Sebring Pkwy Turn right onto N Ridgewood Dr (0.4 mi) At the traffic circle, take the 4th exit onto S Commerce Ave. (0.4 mi) Turn right onto S Orange St (371 ft) Turn left onto Magnolia Ave. Destination will be on the right.
  • Architectural Style: One Story
  • Unit Levels: One
  • Building Stories: 1
  • Year Built: 1924
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Appliances: Oven, Range, Refrigerator
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Other
  • Living Area: 1032.0

Exterior Features

  • Pool Features: None
  • Construction Type: Frame, Aluminum Siding, Vinyl Siding
  • Patio And Porch Features: Enclosed, Front Porch, Open, Side Porch
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Driveway, On Street

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: None
  • Association: No

Schools

  • Elementary School: Woodlawn Elementary
  • High School: Sebring High
  • Middle Or Junior School: Hill-Gustat Middle

Lot Info

  • Lot Size Sq Ft: 6550.0
  • Additional Parcels Description: ,,
  • Parcel #: S-29-34-29-070-0820-0080
  • Zoning Description: R3
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1692.59
  • Tax Year: 2022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2023
Closed on
Jan 30, 2023
Sold by
Bought by
Seller's Agent
Cullen Wheeler
Future Home Realty, Inc.
Buyer's Agent
SEBRING NON MLS
NON-MLS OFFICE
List Price
$124,900
Sold Price
$108,000
Premium/Discount to List
-$16,900
-13.53%
Views
159
Current Estimated Value
$130,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,047
Avg. Annual Appreciation
5.43%

Purchase Details

Closed on
Apr 24, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,100
Interest Rate
7.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$108,000 None Listed On Document
$29,000 South Ridge Abstract & Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $26,100
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/30/2023 01/30/23 Sold $108,000 -9.9% $105 / Sq Ft
01/12/2023 01/12/23 Pending -- -- --
01/09/2023 01/09/23 Price Changed $119,900 -4.0% $116 / Sq Ft
01/02/2023 01/02/23 For Sale $124,900 -- $121 / Sq Ft
Source: Heartland Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,521 $109,475 $4,800 $104,675
2024 -- $109,292 $4,080 $105,212
2023 $1,942 $72,291 $0 $0
2022 $1,693 $80,714 $4,080 $76,634
2021 $1,561 $67,396 $4,080 $63,316
2020 $1,379 $60,294 $0 $0
2019 $1,246 $49,376 $0 $0
2018 $1,268 $51,031 $0 $0
2017 $1,222 $53,178 $0 $0
2016 $1,089 $42,388 $0 $0
2015 $1,026 $39,353 $0 $0
2014 $981 $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Cullen Wheeler

    Future Home Realty, Inc.

    7 in this area

    152 Total Sales

    Cullen Wheeler
    Section Image

  • S

    Buyer's Agent in 2023

    SEBRING NON MLS

    NON-MLS OFFICE

See All Agents

Map

Source: Heartland Association of REALTORS®

MLS Number: 292054

Heartland Association of REALTORS®

APN: S-29-34-29-070-0820-0080

Florida Highlands County Sebring 33870

405 Magnolia Ave, Sebring, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Heartland Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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