NOT LISTED FOR SALE

703 E Magnolia St Bunnell, FL 32110

Estimated Value: $281,906 - $356,000

5 Beds
3 Baths
2,361 Sq Ft
$131/Sq Ft Est. Value

Last Sold November 19, 2021

Last sale price $265,000 $112 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,919/month

123 Days on Market

Highlights

  • End Unit
  • Covered Patio or Porch
  • Awning
  • No HOA
  • Tile Flooring
  • Central Heating and Cooling System

About This Home

As of November 2021

INVESTOR OPPORTUNITY KNOCKS! Unique Triplex in Bunnell. Convenient located walking distance to Shopping Center. 2 2/bedroom/1bath Middle unit has 1/1. Metal roof. Monthly rental income potential $3000/month or higher. 8% cap rate (gross) Easy to rent. Information deemed reliable but not guaranteed.

Last Agent to Sell the Property

Sal Lazzano

REALTY EXECUTIVES OCEANSIDE License #670962 Listed on: 05/13/2021

REALTY EXECUTIVES OCEANSIDE

Last Buyer's Agent

Mike Pringle

GRAND LIVING REALTY License #3339213

GRAND LIVING REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,341

Year Built

  • Built in 1974

Lot Details

  • 0.25 Acre Lot
  • End Unit
  • North Facing Home

Home Design

  • Triplex
  • Frame Construction
  • Metal Roof

Interior Spaces

  • 2,361 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Awning
  • Blinds

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • On-Street Parking

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • 3 Units
  • Sal Lazzano Association, Phone Number (386) 503-3341
  • Bunnell Dev Co Condos
  • Bunnell Dev Co Subdivision
  • Property managed by Realty Executives Oceanside

Listing and Financial Details

  • Assessor Parcel Number 10-12-30-0850-00520-007

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,341

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Construction Materials: Frame
  • Living Area: 2361
  • Year Built: 1974
  • Lot Size Sq Ft: 10000
  • Status: Sold
  • Escrow Street Name: 25 Old Kings Rd N #4a, Palm Coast, FL 32137
  • Minimum Lease: 1-2 Years
  • RATIO Current Price By Calculate: 112.24
  • Total Acreage: 0 to less than 1/4
  • Property Description: Corner Unit
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dishwasher, Dryer, Range, Refrigerator, Washer
  • Total Bedrooms: 5
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 219.34

Exterior Features

  • Direction Faces: North
  • Exterior Features: Awning(s)
  • Roof: Metal
  • Pool Private: No
  • Road Frontage Type: None
  • Patio and Porch Features: Covered, Patio, Rear Porch

Garage/Parking

  • Parking Features: Driveway, On Street, Other

Utilities

  • Utilities: Other
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: Sal Lazzano
  • Phone: 386-503-3341
  • Association: No
  • Senior Community: No
  • Complex Community Name Nccb: BUNNELL DEV CO
  • Property Manager: Realty Executives Oceanside

Lot Info

  • Zoning: MFR-2
  • Parcel Number: 10-12-30-0850-00520-007

Rental Info

  • Total Actual Rent: 2500

Tax Info

  • Tax Annual Amount: 2341

Multi Family

  • Currency Monthly Rent Amt: 2500.00
  • Unit Count: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2020
Sold by
Galeazzi Gregory and Galeazzi Colleen
Bought by
Pringle Michael D
Current Estimated Value
$308,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2010
Sold by
Meyers Delphine E
Bought by
Galeazzi William and Declaration Of Trust Of William Galeazzi

Purchase Details

Closed on
Nov 25, 2009
Sold by
Meyers Delphine E
Bought by
Meyers Delphine E and Jones Karen E
Source: Public Records
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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
Pringle Michael D $265,000 Professional Closing Inc
Galeazzi William $85,000 None Available
Meyers Delphine E -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pringle Michael D $198,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Off Market $265,000 -- --
11/19/2021 11/19/21 Sold $265,000 -15.9% $112 / Sq Ft
09/13/2021 09/13/21 Pending -- -- --
05/13/2021 05/13/21 For Sale $315,000 -- $133 / 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
2025 $3,663 $170,040 $34,000 $136,040
2023 $3,817 $171,947 $30,000 $141,947
2022 $3,658 $167,434 $28,000 $139,434
2021 $2,645 $137,054 $15,400 $121,654
2020 $2,342 $126,684 $14,000 $112,684
2019 $2,140 $112,892 $14,000 $98,892
2018 $1,964 $100,119 $11,000 $89,119
2017 $1,791 $78,842 $11,000 $67,842
2016 $1,785 $72,130 $0 $0
2015 $1,557 $65,573 $0 $0
2014 $1,548 $64,419 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: FC267583

Stellar MLS

APN: 10-12-30-0850-00520-0070