NOT LISTED FOR SALE

6748 Magnolia Point Dr Land O Lakes, FL 34637

Estimated Value: $664,000 - $766,000

4 Beds
2 Baths
2,816 Sq Ft
$255/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $769,000 $273 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $4,854/month

Highlights

  • 348 Feet of Waterfront
  • Dock Has No Access To Electricity
  • Gated Community
  • Land O' Lakes High School Rated A
  • Custom Home
  • Lake View

About This Home

As of August 2022

LAKEFRONT WITH PRIVACY- A RARE FIND! A private, fenced road leads to this gorgeous, custom designed home on an oversize lot with views of the lake from almost every room in the house. The owners built this home with a very private front entrance that shields the home from the road. Enter into the 10 x 46 Courtyard with the block privacy wall, screen ceiling and beautiful brick flooring. The custom French doors open to a foyer that leads to the living room that offers a gas or wood burning fireplace and a breathtaking view of the lake. The large entertaining kitchen features the highest end appliances, including a gas stove top, stunning counter tops and under cabinet lighting., tall custom Maple wood cabinets and a large custom shaped breakfast bar. The dinette is just steps from the kitchen and has a breathtaking view of the mesmerizing sunrises. Speaker system in all major rooms, plus a central vacuum system. In wall insect tubes. Roof has a radiant barrier. There are 4 bedrooms: the 16 x 22' Master has towering seamless windows that follow the curved Master design offering spectacular views. An extra large Master bathroom with a walk in glass block and tile shower, double vanities, plus a tub for those who love bubble baths. The 3 other bedrooms can be for guests, a den/office and/or a library or TV room. How about a room off the garage that can be used as a studio, exercise room, or workshop - or even storage that is carpeted, has a closet, ac & heat and a private door from both inside and outside. You'll enjoy many days and evenings on the 12 x 29' tile and screen lanai that opens to the lake, or take a walk out and sit on the dock to enjoy the view and tranquility of the lake from one end to the other! The electric bills run approximately $10.00 per month due to the installation of solar panels costing $40,000. The windows are double pane and energy efficient. The water heater is a hybrid which is 3x more efficient as just an electric water heater and it actually cools the garage too. There is gas plumbed to the water heater if you prefer gas. Sprinkler system. There are only 4 homes located down this private, dead end road. You have to see this one to appreciate all that it offers. This one is truly for the buyers that command privacy, luxury and beautiful water views. This is a rare lake front home in the heart of Lake O Lakes. Located close to everything, including doctors, dentists, banks, restaurants, food stores, hair salons and only 45 minutes to Tampa International Airport. NO CDD FEES OR SINKHOLES!
Offered at only $749,900. Call to make appointment. NOTE: Owners are getting ready to re-sod some of the grassy areas.

Last Agent to Sell the Property

Toby Caroline

SUN N FUN REALTY License #375229 Listed on: 06/27/2022

Last Buyer's Agent

April Genter

CHARLES RUTENBERG REALTY INC License #3170745

CHARLES RUTENBERG REALTY INC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,237

Year Built

  • Built in 2007

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 80 x100
  • 348 Feet of Waterfront
  • Lake Front
  • Property fronts a private road
  • Street terminates at a dead end
  • North Facing Home
  • Fenced
  • Mature Landscaping
  • Irrigation
  • Wooded Lot
  • Landscaped with Trees
  • Property is zoned MPUD

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Property Views

  • Lake
  • Woods

Home Design

  • Custom Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,816 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Gas Fireplace
  • Shades
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Inside Utility

Kitchen

  • Eat-In Kitchen
  • Built-In Convection Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Freezer
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector
  • In Wall Pest System

Outdoor Features

  • Access To Lake
  • Dock Has No Access To Electricity
  • Dock made with Composite Material
  • Powered Boats Permitted
  • Enclosed patio or porch
  • Outdoor Storage
  • Rain Gutters

Schools

  • Connerton Elementary School
  • Pine View Middle School
  • Land O' Lakes High School

Utilities

  • Zoned Heating and Cooling
  • Reverse Cycle Heating System
  • Heat Pump System
  • Thermostat
  • Underground Utilities
  • Propane
  • Water Filtration System
  • Electric Water Heater
  • Water Softener
  • Fiber Optics Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, escrow reserves fund, manager, private road
  • John Lutz Association, Phone Number (813) 948-4106
  • Built by Lexington Homes
  • Magnolia Point Subdivision
  • The community has rules related to deed restrictions, fencing, allowable golf cart usage in the community
  • Rental Restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,237

Year Built

Built in 2007

Lot Details

0

HOA Fees

$110 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Escrow Reserves Fund, Manager, Private Road
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2816
  • Lot Size Acres: 0.45
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 4050
  • Lot Size Sq Ft: 8000
  • Directions to Property: From SR 54 & US 41: Drive 5 miles north on US 41 (Land O Lakes Blvd) to right on Caliente Blvd., to right onto Magnolia Point to gate. Gate code required. Coming from SR 52: South on US 41, make a U-turn just past Tower Road (West side of US 41) and Caliente Blvd (East side of US 41. After U-turn, go back north to Caliente Blvd. turn right, then right onto Magnolia Pt to gate.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8167841?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8167841?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.02547
  • Price per Sq Ft: 273.08
  • Close to Original List Price Ratio: 1.02547
  • Ratio: Current Price\Building Area Total: 189.88
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas, Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Eating Space In Kitchen, High Ceiling(s), In Wall Pest System, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Ice Maker, Refrigerator, Washer, Water Filtration System, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Shades, Window Treatments
  • Street Number Modifier: 6748
  • Room Count: 10
  • Additional Rooms: Den/Library/Office, Inside Utility

Exterior Features

  • Direction Faces: North
  • Exterior Features: Fenced, Irrigation System, Rain Gutters, Sidewalk, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End, Private Road
  • View: Trees/Woods, Water
  • Water Body Name: Curve Lake
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water Extras: Dock - Composite, Dock w/o Electric, Powerboats – None Allowed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12101C0239F
  • Waterfront Frontage: 348
  • Water Frontage Feet Lake: 348
  • Additional Water Information: Approximately 348.65' lake frontage. Beautiful tile seawall on portion of the lake that wraps part of the back and side to the front.
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fiber Optics, Propane, Public, Sewer Connected, Solar, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Heat Pump, Reverse Cycle
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Golf Carts OK, Sidewalk, Water Access, Waterfront
  • Association Amenities: Fence Restrictions, Gated
  • Association Fee: 330
  • Association Fee Frequency: Quarterly
  • Association Name: John Lutz
  • Phone: (813) 948-4106
  • Association: Yes
  • Security: Closed Circuit Camera(s), Gated Community, Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Email: JDlutz@verizon.net
  • Complex Community Name NCCB: MAGNOLIA POINT
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 1320
  • Monthly HOA Fee: 110
  • Total Monthly Fees: 110

Schools

  • Elementary School: Connerton Elem
  • High School: Land O' Lakes High-PO
  • Middle Or Junior School: Pine View Middle-PO

Lot Info

  • Zoning: MPUD
  • Parcel Number: 18-26-01-0060-00000-0020
  • Additional Parcels: No
  • Lot Dimensions: 80 x100
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2014-09-26
  • Zoning Compatible Y N: Yes

Building Info

  • Builder Name: Lexington Homes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Pet Restrictions: Consult the HOA Documents and/or the HOA Manager to verify pet restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Consult the HOA Documents or call the HOA Manager to verify the length restrictions of leasing.

Tax Info

  • Tax Annual Amount: 7237
  • Tax Block: 0060/00
  • Tax Book Number: 46-099
  • Tax Lot: 2

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2022
Closed on
Aug 5, 2022
Sold by
S & J Revocable Trust
Bought by
Garber James C and Garber Sharon P
Seller's Agent
Toby Caroline
SUN N FUN REALTY
Buyer's Agent
April Genter
CHARLES RUTENBERG REALTY INC
List Price
$749,900
Sold Price
$769,000
Premium/Discount to List
$19,100
2.55%
Current Estimated Value
$718,166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$50,834
Avg. Annual Appreciation
-2.28%
Original Mortgage
$200,000
Outstanding Balance
$192,733
Interest Rate
5.7%
Mortgage Type
New Conventional
Estimated Equity
$525,433

Purchase Details

Closed on
Nov 30, 2020
Sold by
Stewart Scott and Stewart Janet R
Bought by
Stewart Scott and Stewart Janet R

Purchase Details

Closed on
Nov 20, 2020
Sold by
Stewart Scott
Bought by
Stewart Scott and Stewart Janet R

Purchase Details

Closed on
Jan 23, 2008
Sold by
Stewart Scott and Stewart Jurate G
Bought by
Stewart Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
5.62%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 31, 2006
Sold by
Lexington Homes Inc
Bought by
Stewart Scott and Stewart Jurate G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,284
Interest Rate
6.44%
Mortgage Type
Construction
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
Garber James C $769,000 Fidelity National Title
Stewart Scott -- None Available
Stewart Scott -- None Available
Stewart Scott -- Title First Agency Inc
Stewart Scott $155,900 Lexington Title Agency Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garber James C $200,000
Previous Owner Stewart Scott $490,000
Previous Owner Stewart Scott $478,284
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $769,000 +2.5% $273 / Sq Ft
07/05/2022 07/05/22 Off Market $749,900 -- --
06/28/2022 06/28/22 Pending -- -- --
06/27/2022 06/27/22 For Sale $749,900 -- $266 / 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
2024 $9,204 $571,980 -- --
2023 $8,882 $555,329 $0 $0
2022 $8,178 $512,048 $160,618 $351,430
2021 $7,539 $461,610 $144,072 $317,538
2020 $7,079 $432,766 $128,951 $303,815
2019 $6,888 $416,798 $128,951 $287,847
2018 $6,877 $421,027 $128,951 $292,076
2017 $6,327 $373,656 $98,831 $274,825
2016 $6,212 $363,862 $98,831 $265,031
2015 $5,901 $338,049 $98,831 $239,218
2014 $5,690 $331,900 $98,831 $233,069
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8167841

Stellar MLS

APN: 01-26-18-0060-00000-0020