NOT LISTED FOR SALE

541 Magnolia Lake Dr Defuniak Springs, FL 32433

Estimated Value: $283,914 - $365,000

3 Beds
2 Baths
1,642 Sq Ft
$190/Sq Ft Est. Value

Last Sold October 22, 2014

Last sale price $162,000 $99 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $1,742/month

19 Days on Market

Highlights

  • Waterfront Community
  • Deeded access to the beach
  • Lake View
  • Boat Dock
  • Fishing
  • Deck

About This Home

As of October 2014

Price reduced just for you! Talk about PRISTINE! This exceptional custom brick home in lovely Magnolia Lake Estates has been meticulously maintained since it's only owner built it in 2004. Tasteful choices throughout, using high quality building materials, help make this home's style & charm timeless. Walking in through the foyer, the first thing you notice are the custom built-in floor to ceiling maple cabinets in the family room - and the vaulted ceilings of the open floor plan to the kitchen & sunroom. The eat-in kitchen has classic matching maple cabinets, pantry, a moveable island, and still has plenty of room for a breakfast table! Windows span the back of the family room, kitchen and breakfast area so you can thoroughly enjoy your shady and private back yard from both inside and out The pets will enjoy the fenced back yard and you'll enjoy the open back deck in your own private garden. Back inside, the split floor plan offers a generous master suite. Master bath includes a lovely cultured marble soaking tub, separate cultured marble shower, and his-and-hers closets. The 2 car garage includes cabinets for storage and a laundry sink for great functionality. Deeded access to the lake with gazebo and dock, perfect for making memories. There are truly very few homes that come on the market that are in such superior condition and location. Owners are motivated and ready for a new family to love it like they have!

Last Agent to Sell the Property

Kim Wennerberg

Kim & Company License #669169 Listed on: 09/09/2014

Last Buyer's Agent

Terry Pilcher

Merrifield & Pilcher Realty License #706272

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,085

Year Built

  • Built in 2004

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 93.89x129.56x71.05x124.76
  • Back Yard Fenced
  • Property is zoned City, Deed Restrictions,

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Automatic Garage Door Opener

Property Views

  • Lake
  • Pond

Home Design

  • Brick Exterior Construction
  • Dimensional Roof
  • Composition Shingle Roof
  • Vinyl Trim

Interior Spaces

  • 1,642 Sq Ft Home
  • 1-Story Property
  • Built-in Bookshelves
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Entrance Foyer
  • Great Room
  • Dining Room
  • Sun or Florida Room
  • Utility Room
  • Exterior Washer Dryer Hookup
  • Pull Down Stairs to Attic

Kitchen

  • Walk-In Pantry
  • Electric Oven or Range
  • Self-Cleaning Oven
  • Induction Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom
  • Garden Bath

Home Security

  • Hurricane or Storm Shutters
  • Storm Doors

Outdoor Features

  • Deeded access to the beach
  • Deck

Schools

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

Utilities

  • Central Heating and Cooling System
  • Air Source Heat Pump
  • Underground Utilities
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 15-3N-19-19020-00C-0070

Community Details

Overview

  • Association fees include ground keeping, insurance, management, utilities
  • Magnolia Lake 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

$1,085

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: 0.3
  • Lot Size: 93.89x129.56x71.05x124.76
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name: MAGNOLIA LAKE PH 1
  • Directions: From Hwy 331S in DeFuniak Springs, turn east onto Hwy 90. At first light, make a left onto Hwy 83/N 9th St. Go about 2 miles and turn left onto Walton Rd. Go to the stop sign and turn right onto John Baldwin Rd. Pass the school to the entrance of Magnolia Lake. Turn left and the home will be around the bend on your right.
  • 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:Dining Room: Yes
  • Appliances Microwave: Yes
  • Energy:Ceiling Fans: Yes
  • Energy:Double Pane Windows: Yes
  • Energy:Heat Pump Air To Air: Yes
  • Rooms:Foyer: Yes
  • Waterview:Lake2: Yes
  • Utilities:Underground: Yes
  • Rooms:Great Room: Yes
  • Energy:Storm Doors: Yes
  • Waterview:Pond2: Yes
  • Rooms:Florida Room: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Auto Garage Door Opn, Dishwasher, Disposal, Microwave, Oven Self Cleaning, Refrigerator W/IceMk, Smooth Stovetop Rnge, Stove/Oven Electric
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Storm Door(s)
  • Interior Amenities: Built-In Bookcases, Ceiling Vaulted, Floor Hardwood, Floor Tile, Floor WW Carpet, Kitchen Island, Pantry, Pull Down Stairs, Split Bedroom, Washer/Dryer Hookup, Window Treatment All
  • 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
  • Interior:Floor Tile: Yes
  • Appliances:Oven Self Cleaning: Yes
  • Appliances:Refrigerator WIceMk: Yes
  • Interior:Pull Down Stairs: Yes
  • Interior:Split Bedroom: Yes
  • Appliances:Smooth Stovetop Rnge: Yes
  • Mstr BdrmMstr Bath:MBath Double Vanity: Yes
  • Interior:Floor WW Carpet: Yes
  • Interior:Window Treatment All: Yes
  • Interior:Ceiling Vaulted: Yes
  • Interior:Kitchen Island: Yes
  • Interior:Built-In Bookcases: Yes

Exterior Features

  • Lot Features: Covenants, Restrictions, Within 1/2 Mile to Water
  • View: Pond, Lake
  • Construction Type: Brick, Roof Dimensional Shg, Slab, Trim Vinyl
  • Exterior Features: Deck Open, Fenced Back Yard, Fenced Privacy, Hurricane Shutters
  • Property Condition: Construction Complete
  • Lot Features:Within 12 Mile to Water: Yes
  • Construction Status:Construction Complete: Yes
  • ConstructionSiding:Slab: Yes
  • Lot Features:Covenants: Yes
  • Lot Features:Restrictions: Yes
  • ConstructionSiding:Roof Dimensional Shg: Yes
  • ConstructionSiding:Trim Vinyl: Yes
  • Exterior:Deck Open: Yes
  • Exterior:Hurricane Shutters: Yes
  • Exterior:Fenced Back Yard: Yes
  • Exterior:Fenced Privacy: Yes
  • ConstructionSiding:Brick: 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: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Heat Pump Air To Air, Central
  • Heating Yn: Yes
  • Utilities: Electric, Phone, Public Sewer, Public Water, TV Cable, Underground
  • Utility: Yes

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: Ground Keeping, Insurance, Management, Other Utilities

Schools

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

Lot Info

  • Lot Size Sq Ft: 13068.0
  • Parcel #: 15-3N-19-19020-00C-0070
  • Zoning: City, Deed Restrictions,
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1084.97
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2014
Closed on
Oct 22, 2014
Sold by
Leopold Gordon and Leopold Elizabeth
Bought by
Oliver Wayne J and Oliver Marie K
Seller's Agent
Kim Wennerberg
Kim & Company
Buyer's Agent
Terry Pilcher
Merrifield & Pilcher Realty
List Price
$162,000
Sold Price
$162,000
Current Estimated Value
$311,729

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$149,729
Avg. Annual Appreciation
6.12%
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
Oliver Wayne J $162,000 None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2019 06/23/19 Off Market $162,000 -- --
10/22/2014 10/22/14 Sold $162,000 0.0% $99 / Sq Ft
09/28/2014 09/28/14 Pending -- -- --
09/09/2014 09/09/14 For Sale $162,000 -- $99 / 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 $1,131 $133,007 -- --
2023 $1,131 $129,133 $0 $0
2022 $1,124 $125,372 $0 $0
2021 $1,113 $121,720 $0 $0
2020 $1,089 $146,167 $12,240 $133,927
2019 $1,014 $117,340 $0 $0
2018 $989 $115,152 $0 $0
2017 $999 $115,667 $9,000 $106,667
2016 $895 $107,281 $0 $0
2015 $1,443 $106,722 $0 $0
2014 $1,060 $117,491 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Emerald Coast Association of REALTORS®

MLS Number: 713796

Emerald Coast Association of REALTORS®

APN: 15-3N-19-19020-00C-0070