NOT LISTED FOR SALE

5506 S Magnolia Ave Homosassa, FL 34448

Estimated Value: $117,000 - $259,000

2 Beds
2 Baths
1,144 Sq Ft
$170/Sq Ft Est. Value

Last Sold November 20, 2024

Last sale price $75,000 $66 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $1,048/month

4 Days on Market

Highlights

  • Wood Flooring
  • Cooling Available
  • 1-Story Property
  • No HOA
  • Level Lot

About This Home

As of November 2024

The Homosassa River is a piece of Old Florida. Build your dream home here in a great neighborhood. The best location for all activities including Arts & Seafood festivals, area favorite restaurants, and Local Bars. Public Boat ramp is easily accessible and very close for the fisherman.
This lot is 1 lot in from the main road and it is paved with city sewer and water already in place.
Larger homes are being built close by this is an opportunity.

Last Agent to Sell the Property

Sarita Harty

Compass Florida LLC License #3189231 Listed on: 10/09/2024

Compass Florida LLC

Last Buyer's Agent

Sarita Harty

Compass Florida LLC License #3189231 Listed on: 10/09/2024

Compass Florida LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 0.39 Acre Lot
  • Level Lot
  • Property is zoned R1

Parking

  • Gravel Driveway

Home Design

  • Frame Construction
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 2 Full Bathrooms
  • 1-Story Property
  • Wood Flooring

Schools

  • Homosassa Elementary School
  • Crystal River Middle School
  • Crystal River High School

Utilities

  • Cooling Available

Community Details

  • No Home Owners Association
  • Old Homosassa Subdivision

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Architectural Style: One Story
  • Carport Y N: No
  • Directions: Halls River Road from Hwy 19 to left on Fishbowl Drive. Follow the road from 2-3 miles and Magnolia is on the left heading towards the river.
  • Garage Yn: No
  • Unit Levels: One
  • Lot Size Acres: 0.39
  • New Construction: No
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Building Stories: 1
  • Subdivision Name: Old Homosassa
  • Year Built: 1930
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: None
  • Full Bathrooms: 2
  • Flooring: Wood
  • Interior Amenities: Main Level Primary
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Frame
  • Exterior Features: Gravel Driveway
  • Lot Features: Flat
  • Pool Features: None
  • Roof: Asphalt, Shingle
  • Waterfront: No

Garage/Parking

  • Parking Features: Driveway, Gravel

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Homosassa Elementary
  • High School: Crystal River High
  • Middle Or Junior School: Crystal River Middle

Lot Info

  • Lot Size Sq Ft: 16780.0
  • Zoning: R1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2743.02
  • Tax Year: 2024

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2024
Closed on
Oct 31, 2024
Sold by
Mitchell Jerome T and Mitchell Barbara Mckay
Bought by
Cindy Lee Rogers Trust and Rogers
Seller's Agent
Sarita Harty
Compass Florida LLC
Buyer's Agent
Sarita Harty
Compass Florida LLC
List Price
$104,000
Sold Price
$75,000
Premium/Discount to List
-$29,000
-27.88%
Views
5
Current Estimated Value
$194,014

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,014
Avg. Annual Appreciation
139.16%

Purchase Details

Closed on
Aug 1, 1993
Sold by
Brimmage David
Bought by
Mitchell Jerome T

Purchase Details

Closed on
Jan 1, 1991
Bought by
Mitchell Jerome T

Purchase Details

Closed on
Jul 1, 1990
Bought by
Mitchell Jerome T

Purchase Details

Closed on
Aug 1, 1988
Bought by
Mitchell Jerome T

Purchase Details

Closed on
Oct 1, 1980
Bought by
Mitchell Jerome T
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Cindy Lee Rogers Trust $75,000 Land Title
Mitchell Jerome T $100 None Listed On Document
Mitchell Jerome T $1,000 --
Mitchell Jerome T $2,000 --
Mitchell Jerome T $8,000 --
Mitchell Jerome T $100 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/20/2024 11/20/24 Sold $75,000 -27.9% $66 / Sq Ft
10/13/2024 10/13/24 Pending -- -- --
10/09/2024 10/09/24 For Sale $104,000 -- $91 / Sq Ft
Source: REALTORS® Association of Citrus County

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 $333 $154,327 $29,900 $124,427
2024 $318 $35,419 -- --
2023 $318 $34,387 $0 $0
2022 $297 $33,385 $0 $0
2021 $280 $32,413 $0 $0
2020 $215 $91,278 $10,050 $81,228
2019 $204 $79,078 $10,050 $69,028
2018 $172 $70,200 $10,050 $60,150
2017 $164 $30,032 $5,100 $24,932
2016 $156 $29,414 $4,120 $25,294
2015 $147 $29,210 $4,120 $25,090
2014 $145 $28,978 $4,317 $24,661
Source: Public Records

Agents Affiliated with this Home

  • Sarita Harty

    Seller's Agent in 2024

    Sarita Harty

    Compass Florida LLC

    (561) 339-8299

    2 in this area

    30 Total Sales

    Sarita Harty
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Map

Source: REALTORS® Association of Citrus County

MLS Number: 838113

REALTORS® Association of Citrus County

APN: 17E-19S-32-0010-00500-0090

Florida Citrus County Homosassa 34448

5506 S Magnolia Ave, Homosassa, FL

Not Listed for Sale

Detached

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