NOT LISTED FOR SALE

6604 Magnolia Point Dr Land O' Lakes, FL 34637

Estimated Value: $166,266 - $248,000

0.31 Acre
$646,990 Price per Acre
13,504 Sq Ft Lot

Last Sold January 08, 2024

Last sale price $169,750

Est. 18% increase in value since last sale

Current estimated payment $1,334/month

27 Days on Market

Highlights

  • Boat Dock
  • 47 Feet of Pond Waterfront
  • Gated Community
  • Land O' Lakes High School Rated A
  • Access To Pond
  • Pond View

About This Lot

As of January 2024

WATERFRONT - LAND O LAKES - GATED, RESIDENTIAL, OVERSIZED LOT. A RARE OPPORTUNITY to build your custom home in one of the most sought after communities in Land O Lakes, Fl. This is the only vacant lot in Magnolia Point. A beautiful, quiet, community of $500,000 plus homes. This is a golf cart community of only 36 homesites. Super low HOA fees of just $110.00 per month ($330.00 quarter) that includes road, gate, entry way, street lighting, community dock and escrows. The community dock has a cover and is a great place to watch the sunrise/sunset or just chill out. This lot will require the buyer(s) to pay for hooking up to all utilities, including, but not limited to electric, Public water & sewer, cable and Internet.. There is no time limit as to when an owner must build. This is definitely once in a lifetime chance to be a part of a great community of homeowners that look out for each other and have community gatherings. Located close to shops, grocery stores, restaurants, outlet malls, dentists/doctors, hair/nail salons, gas stations, drug stores and only approximately 45 minutes to Tampa International Airport. A variety of floor plans are available for review. No CDD fees. No association approval. This is the lowest priced residential, oversized building lot available in a beautiful upscale community in Land O Lakes.

Last Agent to Sell the Property

Toby Caroline

SUN N FUN REALTY Brokerage Phone: 813-428-6992 License #375229 Listed on: 10/23/2023

Last Buyer's Agent

Toby Caroline

SUN N FUN REALTY Brokerage Phone: 813-428-6992 License #375229 Listed on: 10/23/2023

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,732

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 170 x 120 x 47
  • 47 Feet of Pond Waterfront
  • Property fronts a private road
  • Unincorporated Location
  • Private Lot
  • Oversized Lot
  • Irregular Lot
  • Cleared Lot
  • Wooded Lot
  • Property is zoned MPUD

HOA Fees

  • $110 Monthly HOA Fees

Property Views

  • Pond Views

Utilities

  • Underground Utilities
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 30 / 30/00
  • Assessor Parcel Number 01-26-18-0060-00000-0300

Community Details

Overview

  • Association fees include common area taxes, escrow reserves fund, management, private road
  • Magnolia Pt/John Lutz Association
  • Magnolia Point Subdivision
  • The community has rules related to deed restrictions, fencing, allowable golf cart usage in the community, vehicle restrictions

Recreation

  • Boat Dock
  • Access To Pond

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,732

Lot Details

0

HOA Fees

$110 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Escrow Reserves Fund, Management, Private Road
  • Property Type: Land
  • Lot Size Acres: 0.31
  • Lot Size Sq Ft: 13547
  • Directions to Property: Starting from SR 54 & US 41: go 5 miles North on US 41, turn right on Caliente Blvd., turn right into Magnolia Pt - Call box on left before gate.
  • Status: Sold
  • Ownership: Other
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044293
  • RATIO Current Price By Calculate: 12.53
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Attribution Contact: 813-428-6992
  • Tax Year: 2022
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 6604

Exterior Features

  • Road Frontage Type: Access Road, Private Road
  • View: Water
  • Water Body Name: MAGNOLIA POND
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Pond
  • Water Extras YN: 0
  • Water View: Pond
  • Water View YN: 1
  • Waterfront Feet Total: 47
  • Additional Water Information: Beautiful oversize irregular size lot with approximately 170' frontage x 120' depth x 47' waterfront. Pond has never flooded.
  • Price Per Acre: 547581
  • Water Frontage Feet Pond: 47

Utilities

  • Utilities: Cable Available, Electrical Nearby, Electricity Available, Public, Sewer Available, Street Lights, Underground Utilities, Water Available
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community - No Guard, Golf Carts OK, Sidewalks, Water Access, Waterfront
  • Association Amenities: Dock, Fence Restrictions, Gated, Vehicle Restrictions
  • Association Fee: 330
  • Association Fee Frequency: Quarterly
  • Association Name: Magnolia Pt/John Lutz
  • Association: Yes
  • Security: Gated Community
  • Association 2 YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1320.00
  • Total Monthly Fees: 110.00
  • Monthly HOA Amount: 110.00

Lot Info

  • Zoning: MPUD
  • Parcel Number: 01-26-18-0060-00000-0300
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Cleared, Irregular Lot, Oversized Lot, Private, Street Lights, Paved, Unincorporated
  • Lot Dimensions: 170 x 120 x 47
  • Flood Zone Code: X
  • Lot Size Square Meters: 1259
  • Current Adjacent Use: Residential

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1731.76
  • Tax Block: 30/00
  • Tax Book Number: 46-099
  • Tax Lot: 30

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2024
Sold by
Magnolia Point Llc
Bought by
Sauls Rossana
Current Estimated Value
$200,567

Purchase Details

Listed on
Oct 23, 2023
Closed on
Jan 2, 2024
Sold by
Mahan Shelley G
Bought by
Magnolia Point Llc
Seller's Agent
Toby Caroline
SUN N FUN REALTY
Buyer's Agent
Toby Caroline
SUN N FUN REALTY
List Price
$177,500
Sold Price
$169,750
Premium/Discount to List
-$7,750
-4.37%
Views
48

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.37%

Purchase Details

Closed on
Feb 18, 2022
Sold by
Lee Mindt Bryan
Bought by
Mahan Shelley G

Purchase Details

Closed on
Feb 1, 2022
Sold by
Lee Mindt Bryan
Bought by
Mahan Shelley G

Purchase Details

Listed on
Aug 18, 2020
Closed on
Feb 25, 2021
Sold by
Teta Paul F
Bought by
Mindt Bryan L and Mindt Rowan
Seller's Agent
Joseph Zani
TAMPA BAY PREMIER REALTY
Buyer's Agent
Joseph Zani
TAMPA BAY PREMIER REALTY
List Price
$139,500
Sold Price
$130,000
Premium/Discount to List
-$9,500
-6.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.00%

Purchase Details

Closed on
Jan 27, 2006
Sold by
Cheyney Robert B and Cheyney Patricia Ann
Bought by
Teta Paul

Purchase Details

Closed on
Jan 7, 2005
Sold by
Lexington Homes Inc
Bought by
Cheyney Robert B and Cheyney Patricia Ann

Purchase Details

Closed on
Jan 5, 2004
Sold by
Curve Lake Landholdings Llc
Bought by
Lexington Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,200
Interest Rate
5.87%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Sauls Rossana -- None Listed On Document
Sauls Rossana -- None Listed On Document
Magnolia Point Llc $169,750 Great American Title
Magnolia Point Llc $169,750 Great American Title
Mahan Shelley G -- Great American Title
Mahan Shelley G -- Great American Title
Mahan Shelley G $147,999 --
Mahan Shelley G $147,999 --
Mindt Bryan L $130,000 Masterpiece Title
Teta Paul $185,900 Bank Title Services
Cheyney Robert B $115,000 Keystone Title Agency Inc
Lexington Homes Inc $366,500 Keystone Title Agency Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lexington Homes Inc $293,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/08/2024 01/08/24 Sold $169,750 -4.4% --
11/20/2023 11/20/23 Pending -- -- --
10/23/2023 10/23/23 For Sale $177,500 +36.5% --
03/01/2021 03/01/21 Sold $130,000 -3.7% --
02/04/2021 02/04/21 Pending -- -- --
11/12/2020 11/12/20 Price Changed $135,000 -3.2% --
08/18/2020 08/18/20 For Sale $139,500 -- --
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
2024 $1,870 $110,384 $110,384 --
2023 $1,862 $110,384 $110,384 $0
2022 $1,732 $110,384 $110,384 $0
2021 $1,322 $90,851 $0 $0
2020 $1,170 $76,788 $0 $0
2019 $1,045 $64,788 $64,788 $0
2018 $1,049 $64,788 $64,788 $0
2017 $1,069 $64,788 $64,788 $0
2016 $1,085 $64,788 $64,788 $0
2015 $1,108 $64,788 $64,788 $0
2014 $1,076 $64,788 $64,788 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8218393

Stellar MLS

APN: 01-26-18-0060-00000-0300