NOT LISTED FOR SALE

6701 S Magnolia Ave Ocala, FL 34476

Estimated Value: $951,000 - $1,251,000

4 Beds
4 Baths
3,829 Sq Ft
$294/Sq Ft Est. Value

Last Sold August 19, 2016

Last sale price $510,000 $133 Per Sq Ft

Est. 123% increase in value since last sale

Current estimated payment $6,864/month

263 Days on Market

Highlights

  • Race Track
  • 5 Acre Lot
  • Outdoor Kitchen
  • Screened Pool
  • Cathedral Ceiling
  • No HOA

About This Home

As of August 2016

Your own Private Estate home! Beautifully landscaped on 5 acres with so many upgrades. This spacious home has 4 bedrooms, 4 baths, office, Game room, family room, screened inground pool, summer kitchen, wet bar and butlers pantry. 10 to 15 ft ceilings. Tile roof. The floors are granite tiles imported from India. The pool was just renovated. The area around the home is fenced and there is a private gate. The home faces northeast, the pool is on the south side of the home. Come make this beautiful home yours.

Last Agent to Sell the Property

Sharon King

NEXTHOME SALLY LOVE REAL ESTATE License #671858 Listed on: 10/15/2015

NEXTHOME SALLY LOVE REAL ESTATE

Last Buyer's Agent

Laurie Ann Truluck

NEXT GENERATION REALTY OF MARION COUNTY LLC License #3018779

NEXT GENERATION REALTY OF MARION COUNTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,184

Year Built

  • Built in 2001

Lot Details

  • 5 Acre Lot
  • Wood Fence
  • Wire Fence
  • Irrigation
  • Property is zoned A-1 General Agriculture

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,829 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Formal Dining Room
  • Tile Flooring
  • Laundry in unit

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 4 Full Bathrooms

Home Security

  • Home Security System
  • Intercom

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Schools

  • Shady Hill Elementary School

Utilities

  • Heating Available
  • Well
  • Septic Tank

Additional Features

  • Outdoor Kitchen
  • Race Track

Community Details

  • No Home Owners Association
  • Vac Land Nonsub Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

  • Property Available on 10/15/15
  • Assessor Parcel Number 36342-007-00

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,184

Year Built

Built in 2001

Lot Details

0

Parking

3

Listing Details

  • HOA Fee Includes: None
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: Yes
  • Living Area: 3829
  • Lot Size Acres: 5
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 5251
  • Lot Size Sq Ft: 217800
  • Directions to Property: South on Pine St Turn Right on S Magnolia. home is about a 1/2 mile past Shady Hill Elementary.
  • Status: Sold
  • Street Direction: S
  • List Office Head Office Key Nume: 1044945
  • RATIO Current Price By Calculate: 133.19
  • Total Acreage: 5 to less than 10
  • Water Access YN: 0
  • Barn Features: None
  • Tax Year: 2018
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other, Tile
  • Full Bathrooms: 4
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Intercom, Split Bedroom, Walk-In Closet(s), Wet Bar
  • Appliances Included: Convection Oven, Dishwasher, Microwave, Range, Refrigerator
  • Total Bedrooms: 4
  • Levels: One
  • Other Equipment: Fuel Tank(s)
  • Stories: 1
  • Street Number Modifier: 6701
  • Additional Rooms: Formal Dining Room Separate
  • Room Count: 0

Exterior Features

  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Irrigation System, Outdoor Kitchen
  • Roof: Tile
  • Pool Private: Yes
  • Water Extras YN: 0
  • Water View YN: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener

Utilities

  • Utilities: Electricity Connected
  • Heating: Electric
  • Laundry Features: Inside, Other
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association: No
  • Security: Security System
  • Senior Community: No

Schools

  • Elementary School: Shady Hill Elementary School

Lot Info

  • Zoning: A-1 General Agriculture
  • Parcel Number: 36342-007-00
  • Additional Parcels: No
  • Fencing: Wire, Wood
  • Lot Features: In County, Other, Paved
  • Horse Amenities: None, Race Track
  • Homestead YN: 1

Green Features

  • Green Verification Count: 0

Rental Info

  • Furnished: Unfurnished
  • Available Date: 2015-10-15
  • Long Term YN: 0

Tax Info

  • Tax Annual Amount: 5184

Multi Family

  • Unit Count: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2015
Closed on
Aug 19, 2016
Sold by
Madhusoodanan Narayanan and Madhusoodanan Pramila
Bought by
Klee David W and Klee Harriet A
Seller's Agent
Sharon King
NEXTHOME SALLY LOVE REAL ESTATE
Buyer's Agent
Laurie Ann Truluck
NEXT GENERATION REALTY OF MARION COUNTY LLC
List Price
$549,000
Sold Price
$510,000
Premium/Discount to List
-$39,000
-7.1%
Current Estimated Value
$1,138,185

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$628,185
Avg. Annual Appreciation
9.25%

Purchase Details

Closed on
Dec 30, 2014
Sold by
Madhusoodanan Narayanan and Madhusoodanan Pramila
Bought by
Madhusoodanan Vinayak

Purchase Details

Closed on
Jan 10, 2000
Sold by
Harrington Tom K Tr
Bought by
Madhusoodanan Narayanan and Madhusoodanan Pramila

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
7.5%
Source: Public Records

Range of Values:

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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
Klee David W $510,000 None Available
Madhusoodanan Vinayak -- Attorney
Madhusoodanan Narayanan $150,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madhussodanan Narayanan $25,000
Previous Owner Madhusoodanan Narayanan $417,000
Previous Owner Madhusoodanan Narayanan $65,000
Previous Owner Madhusoodanan Narayanan $417,000
Previous Owner Madhusoodanan Narayanan $535,000
Previous Owner Madhusoodanan Narayanan $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2022 03/07/22 Off Market $510,000 -- --
08/19/2016 08/19/16 Sold $510,000 -7.1% $133 / Sq Ft
07/04/2016 07/04/16 Pending -- -- --
10/15/2015 10/15/15 For Sale $549,000 -- $143 / Sq Ft
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
2023 $7,597 $502,581 $0 $0
2022 $7,406 $487,943 $0 $0
2021 $7,423 $473,731 $0 $0
2020 $7,371 $467,190 $0 $0
2019 $7,275 $456,686 $0 $0
2018 $6,874 $448,171 $0 $0
2017 $6,751 $438,953 $0 $0
2016 $5,446 $354,746 $0 $0
2015 $5,494 $352,240 $0 $0
2014 $5,184 $350,148 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sharon King

    Seller's Agent in 2016

    Sharon King

    NEXTHOME SALLY LOVE REAL ESTATE

    (352) 216-1494

    6 in this area

    61 Total Sales

    Section Image
  • Laurie Ann Truluck

    Buyer's Agent in 2016

    Laurie Ann Truluck

    NEXT GENERATION REALTY OF MARION COUNTY LLC

    (352) 877-3887

    10 in this area

    182 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: OM433314

Stellar MLS

APN: 36342-007-00

Florida Marion County Ocala 34476

6701 S Magnolia Ave, Ocala, FL

This home is located at 6701 S Magnolia Ave, Ocala, FL 34476 since 15 October 2015 and is currently estimated at $1,124,605, approximately $293 per square foot. This property was built in 2001. 6701 S Magnolia Ave is a home located in Marion County with nearby schools including Shady Hill Elementary School, Belleview Middle School, and Belleview High School.

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.

Stellar MLS 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.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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