NOT LISTED FOR SALE

491 Magnolia Lake Dr Defuniak Springs, FL 32433

Estimated Value: $325,000 - $388,000

3 Beds
2 Baths
1,848 Sq Ft
$191/Sq Ft Est. Value

Last Sold June 09, 2017

Last sale price $165,000 $89 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $2,019/month

4 Days on Market

Highlights

  • Waterfront Community
  • Fishing
  • Vaulted Ceiling
  • Boat Dock
  • Lake View
  • Wood Flooring

About This Home

As of June 2017

Well maintained brick home in popular Magnolia Lake Estates, situated on a corner lot, across the street from the lake. Open living with a large family room that leads into the kitchen and dining area. Off the dining area is a very large sunroom that provides tons of room for whatever you need, whether it be a playroom, exercise, crafts or an office. Large rooms throughout. With a split bedroom plan, the spacious master has plenty of room, even enough for a sitting area. The master bath has double vanity, soaking tub and separate walk-in shower and water closet. The garage is one of the largest I've seen with an entirely separate storage room - and who of us ever has enough storage?! The seller is also throwing in a home warranty up to $500 for the buyer. Don't wait to come for a visit!

Last Agent to Sell the Property

Kim Wennerberg

Kim & Company License #669169 Listed on: 05/08/2017

Last Buyer's Agent

Kim Wennerberg

Great South Realty Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,280

Year Built

  • Built in 2004

Lot Details

  • 0.37 Acre Lot
  • Interior Lot
  • Property is zoned City, Resid Single Family

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Composition Shingle Roof
  • Vinyl Trim

Interior Spaces

  • 1,848 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Dining Room
  • Sun or Florida Room
  • Storage Room
  • Lake Views

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Induction Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher

Flooring

  • Wood
  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • En-Suite Primary Bedroom
  • 2 Full Bathrooms
  • Cultured Marble Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Laundry

  • Laundry Room
  • Exterior Washer Dryer Hookup

Outdoor Features

  • Porch

Schools

  • Maude Saunders Elementary School
  • Walton Middle School
  • Walton High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Underground Utilities
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3N-19-19020-00C-0080

Community Details

Overview

  • Association fees include ground keeping, management
  • Magnolia Lake Estates Ph 1 Subdivision
  • The community has rules related to covenants

Amenities

  • Picnic Area
  • Community Pavilion

Recreation

  • Boat Dock
  • Waterfront Community
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,280

Year Built

Built in 2004

Lot Details

0

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Sub Type: Detached Single Family
  • Prop. Type: Residential
  • Lot Size Acres: 0.37
  • Lot Size: See Survey
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: MAGNOLIA LAKE ESTATES PH 1
  • Directions: Take a right at the corner of Hwy 331 S and Hwy 90. At the traffic light take a left onto Hwy 83/N 9th Street. Follow for approximately 2 miles and take a left onto Walton Road. Take a right onto John Baldwin Road, and then a right onto Magnolia Lake Drive. Turn left at the entrance to Magnolia Lake. Home will be on the left.
  • Architectural Style: Ranch
  • New Construction: No
  • Building Stories: 1
  • Year Built: 2004
  • Utilities Electric: Yes
  • Utilities:Public Sewer: Yes
  • Utilities:Public Water: Yes
  • Energy:AC - Central Elect: Yes
  • Energy:Heat Cntrl Electric: Yes
  • Energy:Water Heater - Elect: Yes
  • Rooms:Living Room: Yes
  • Rooms:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Rooms:Laundry2: Yes
  • Rooms:Storage: Yes
  • Waterview:Lake2: Yes
  • Utilities:Underground: Yes
  • Energy:AC - WindowWall: Yes
  • Rooms:Sun Room: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Microwave, Range Hood, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Ceiling Vaulted, Floor Hardwood, Floor Vinyl, Floor WW Carpet, Pantry, Split Bedroom, Washer/Dryer Hookup, Window Treatmnt Some
  • Window Features: Double Pane Windows
  • Interior:WasherDryer Hookup: Yes
  • Appliances:StoveOven Electric: Yes
  • Master Bedroom:First: Yes
  • Appliances Dishwasher: Yes
  • Mstr BdrmMstr Bath:MBath Garden Tub: Yes
  • Mstr BdrmMstr Bath:MBath Separate Shwr: Yes
  • Interior:Floor Hardwood: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Floor Vinyl: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Range Hood: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Cultured Mrble: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Ceiling Vaulted: Yes

Exterior Features

  • Lot Features: Covenants, Interior, Within 1/2 Mile to Water
  • View: Lake
  • Construction Type: Brick, Roof Composite Shngl, Slab, Trim Vinyl
  • Exterior Features: Porch Open
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • Lot Features:Interior: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Covenants: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Exterior:Porch Open: Yes
  • ConstructionSiding:Brick: Yes
  • ConstructionSiding:Roof Composite Shngl: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features:Garage Attached: Yes
  • Appliances:Auto Garage Door Opn: Yes
  • Rooms:Garage5: Yes

Utilities

  • Cooling: Wall/Window Unit(s), Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electric, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

  • Community Features: Dock, Fishing, Pavillion/Gazebo, Pets Allowed, Picnic Area, Waterfront
  • Association #2 Fee: 150.0
  • Association Fee Frequency: Annually
  • Association: Yes

Fee Information

  • Association Fee Includes: Ground Keeping, Management

Schools

  • Elementary School: Maude Saunders
  • High School: Walton
  • Middle Or Junior School: Walton

Lot Info

  • Lot Size Sq Ft: 16117.2
  • Parcel #: 15-3N-19-19020-00C-0080
  • Zoning: City, Resid Single Family
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1280.29
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2017
Closed on
Jun 8, 2017
Sold by
Brown Joseph A
Bought by
Burnham Timothy B and Burnham Charlene
Seller's Agent
Kim Wennerberg
Kim & Company
Buyer's Agent
Kim Wennerberg
Great South Realty Inc
List Price
$165,000
Sold Price
$165,000
Current Estimated Value
$353,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,534
Avg. Annual Appreciation
9.51%
Original Mortgage
$132,000
Outstanding Balance
$109,827
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$243,707

Purchase Details

Listed on
Jan 20, 2015
Closed on
Aug 26, 2015
Sold by
Camara Thelma L
Bought by
Brown Joseph A
Seller's Agent
Terry Pilcher
Merrifield & Pilcher Realty
Buyer's Agent
George Lawrence
Team Walton Real Estate Professionals
List Price
$158,000
Sold Price
$158,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.45%
Original Mortgage
$125,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 29, 2005
Sold by
Knapp Brian L and Knapp Melinda L
Bought by
Camara Izaias and Camara Thelma L

Purchase Details

Closed on
Oct 10, 2003
Sold by
Ellzey Construction Co Inc
Bought by
Knapp Brian L and Knapp Melinda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,750
Interest Rate
6.32%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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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
Burnham Timothy B $165,000 Mitchell Land & Title Inc
Brown Joseph A $158,000 Mitchell Land & Title Inc
Camara Izaias $275,000 Southern Escrow & Title Llc
Knapp Brian L $15,200 Accu Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Burnham Timothy B $132,000
Previous Owner Brown Joseph A $125,000
Previous Owner Knapp Brian L $107,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2019 06/23/19 Off Market $165,000 -- --
06/09/2017 06/09/17 Sold $165,000 0.0% $89 / Sq Ft
05/12/2017 05/12/17 Pending -- -- --
05/08/2017 05/08/17 For Sale $165,000 +4.4% $89 / Sq Ft
08/26/2015 08/26/15 Sold $158,000 0.0% $85 / Sq Ft View Prior Sale
07/15/2015 07/15/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $158,000 -- $85 / Sq Ft
Source: Emerald Coast Association of REALTORS®

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
2024 $1,822 $179,365 -- --
2023 $1,822 $174,141 $0 $0
2022 $1,508 $153,226 $0 $0
2021 $1,497 $148,763 $0 $0
2020 $1,456 $178,764 $12,240 $166,524
2019 $1,358 $143,411 $0 $0
2018 $1,327 $140,737 $0 $0
2017 $1,308 $138,949 $0 $0
2016 $1,280 $136,092 $0 $0
2015 $861 $134,404 $0 $0
2014 $1,060 $147,760 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 775153

Emerald Coast Association of REALTORS®

APN: 15-3N-19-19020-00C-0080