NOT LISTED FOR SALE

Estimated Value: $398,000 - $550,000

4 Beds
3 Baths
2,241 Sq Ft
$203/Sq Ft Est. Value

Last Sold October 26, 2023

Last sale price $350,000 $156 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $2,845/month

79 Days on Market

Highlights

  • Lake Front
  • Fitness Center
  • Clubhouse
  • Quest Elementary School Rated A-
  • Home fronts a pond
  • Vaulted Ceiling

About This Home

As of October 2023

Magnolia Springs in the desirable Springs of Suntree community! 4 bedroom 3 bath home has a large primary bedroom/bathroom and a 4th bedroom with private en-suite. Enter into the formal living/dining room with high ceilings and lots of light. Pass through to the open kitchen, overlooking the family room with lakefront view. The primary bedroom has additional flex space to meet your needs - office, nursery, or sitting area. The Springs of Suntree Community centers around their community center - tennis/pickleball courts, two pools, shuffleboard, basketball and a community hall.

Last Agent to Sell the Property

Barbara Zorn

Better Homes & Gardens RE Star License #434043 Listed on: 08/18/2023

Better Homes & Gardens RE Star

Last Buyer's Agent

Jerry Bailey

EXP Realty, LLC License #3434178

EXP Realty, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,401

Year Built

  • Built in 1999

Lot Details

  • 6,534 Sq Ft Lot
  • Home fronts a pond
  • Lake Front
  • South Facing Home

HOA Fees

  • $52 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Lake
  • Pond

Home Design

  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,241 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Screened Porch

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio

Schools

  • Quest Elementary School
  • Kennedy Middle School
  • Viera High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • REO, home is currently bank or lender owned
  • Assessor Parcel Number 26-36-02-76-00000.0-0131.00

Community Details

Overview

  • Magnolia Springs Phase Two Association
  • Magnolia Springs Phase 2 Subdivision

Amenities

  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,401

Year Built

Built in 1999

Lot Details

0

HOA Fees

$52 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1999
  • Reso Property Sub Type: Single Family Residence
  • ResoLaundryFeatures: Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Reso View: Lake, Pond, Water
  • Reso Association Amenities: Clubhouse, Fitness Center, Playground, Tennis Court(s)
  • ResoSpecialListingConditions: Real Estate Owned
  • Subdivision Name: Magnolia Springs Phase 2
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Location Tax and Legal Parcel Number2: 26-36-02-76-00000.0-0131.00
  • Location Tax and Legal Elementary School: Quest
  • Location Tax and Legal Middle School2: Kennedy
  • Location Tax and Legal High School: Viera
  • Location Tax and Legal Tax Annual Amount: 4401.49
  • Location Tax and Legal Tax Year2: 2022
  • General Property Information Living Area2: 2241.0
  • General Property Information Building Area Total3: 2683.0
  • General Property Information Lot Size Acres: 0.15
  • General Property Information Lot Size Square Feet2: 6534.0
  • General Property Information New Construction YN: No
  • General Property Information Waterfront YN: Yes
  • General Property Information Senior Community YN: No
  • General Property Information Direction Faces: South
  • Cooling Central Air: Yes
  • Flooring Tile: Yes
  • Interior Features Primary Bathroom - Tub with Shower: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Gas Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Levels One: Yes
  • Pets Allowed Yes: Yes
  • Roof:Shingle: Yes
  • Sewer:Public Sewer: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Connected: Yes
  • ViewPond: Yes
  • Water Source Public: Yes
  • Interior Features Primary Bathroom -Tub with Separate Shower: Yes
  • General Property Information Carport YN2: No
  • Utilities Water Available: Yes
  • View Water3: Yes
  • Room Types Laundry: Yes
  • Interior Features Guest Suite: Yes
  • Flooring Vinyl: Yes
  • Special Listing Conditions Real Estate Owned: Yes
  • Special Features: 5120
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Ceiling Fan(s), Guest Suite, Pantry, Primary Bathroom - Tub with Shower, Primary Bathroom -Tub with Separate Shower, Primary Downstairs, Split Bedrooms, Vaulted Ceiling(s), Walk-In Closet(s)
  • Flooring: Tile, Vinyl
  • Appliances: Electric Water Heater
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • ResoLivingAreaSource: PublicRecords
  • Appliances:Electric Water Heater: Yes
  • Interior Features:Primary Downstairs: Yes
  • Pool Features:Community: Yes
  • Interior Features:Ceiling Fan(s): Yes
  • Interior Features:Pantry: Yes
  • Interior Features:Split Bedrooms: Yes
  • Interior Features:Vaulted Ceiling(s): Yes
  • Interior Features:Walk-In Closet(s): Yes

Exterior Features

  • Pool Features: Community
  • Roof: Shingle
  • Acres: 0.15
  • Waterfront Features: Lake Front, Pond
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Patio And Porch Features: Patio, Porch, Screened
  • Construction Materials:Block2: Yes
  • Construction Materials:Concrete4: Yes
  • Construction Materials:Stucco: Yes
  • Patio And Porch Features:Patio: Yes
  • Patio and Porch Features:Porch: Yes
  • Patio And Porch Features:Screened: Yes
  • View:Lake: Yes
  • Waterfront Features:Lake Front: Yes
  • Waterfront Features:Pond2: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Parking Features: Attached
  • General Property Information:Garage YN: Yes
  • General Property Information:Garage Spaces: 2.0
  • Parking Features:Attached: Yes

Utilities

  • Cooling: Central Air
  • Utilities: Cable Available, Electricity Connected, Water Available
  • Heating: Central
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee: 155.0
  • Association Fee Frequency: Quarterly
  • Association Name: MAGNOLIA SPRINGS PHASE TWO
  • Association: Yes

Association/Amenities

  • General Property Information:Association YN: Yes
  • General Property Information:Association Name: MAGNOLIA SPRINGS PHASE TWO
  • General Property Information:Association Fee: 155.0
  • General Property Information:Association Fee Frequency: Quarterly
  • Association Amenities:Clubhouse: Yes
  • Association Amenities:Fitness Center: Yes
  • Association Amenities:Tennis Court(s)2: Yes
  • Association Amenities:Playground: Yes

Schools

  • Middle Or Junior School: Kennedy

Lot Info

  • Lot Size Sq Ft: 6534.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 26-36-02-76-00000.0-0131.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4401.49

MLS Schools

  • Elementary School: Quest
  • High School: Viera

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Nov 10, 2023
Sold by
Pm Advisory Group Inc
Bought by
Larocca Louis J and Vega Deborah C
Seller's Agent
Barbara Zorn
Better Homes & Gardens RE Star
Buyer's Agent
Jerry Bailey
EXP Realty, LLC
List Price
$404,900
Sold Price
$350,000
Premium/Discount to List
-$54,900
-13.56%
Views
226
Current Estimated Value
$454,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,467
Avg. Annual Appreciation
12.31%

Purchase Details

Listed on
Aug 18, 2023
Closed on
Oct 4, 2023
Sold by
Bank Of Ny Mellon
Bought by
Pm Advisory Group Inc
Seller's Agent
Barbara Zorn
Better Homes & Gardens RE Star
Buyer's Agent
Jerry Bailey
EXP Realty, LLC
List Price
$404,900
Sold Price
$350,000
Premium/Discount to List
-$54,900
-13.56%
Views
226

Purchase Details

Closed on
May 24, 2023
Sold by
Nesmith Pamela J
Bought by
Bank Of New York

Purchase Details

Closed on
Jun 28, 2004
Sold by
Cooper Jerry R and Cooper Cynthia W
Bought by
Nesmith David G and Nesmith Pamela J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,920
Interest Rate
6.25%

Purchase Details

Closed on
Aug 20, 1999
Sold by
Mercedes Homes Inc
Bought by
Cooper Jerry R and Cooper Cynthia W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,405
Interest Rate
7.58%

Purchase Details

Closed on
Apr 5, 1999
Sold by
Suntree Com Dev Inc
Bought by
Mercedes Homes Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Larocca Louis J $365,000 Supreme Title Closings
Pm Advisory Group Inc $350,000 None Listed On Document
Bank Of New York $100 --
Nesmith David G $205,000 East Coast Title
Cooper Jerry R $118,900 --
Mercedes Homes Inc $22,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nesmith David G $209,920
Previous Owner Cooper Jerry R $118,405
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2023 10/26/23 Sold $350,000 -10.2% $156 / Sq Ft
09/29/2023 09/29/23 Pending -- -- --
09/13/2023 09/13/23 Price Changed $389,900 -3.7% $174 / Sq Ft
08/18/2023 08/18/23 For Sale $404,900 0.0% $181 / Sq Ft
08/16/2023 08/16/23 Pending -- -- --
07/12/2023 07/12/23 For Sale $404,900 -- $181 / Sq Ft
Source: Space Coast MLS (Space Coast Association of REALTORS®)

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 $5,199 $383,710 -- --
2024 $4,976 $374,270 -- --
2023 $4,976 $380,960 $110,000 $270,960
2022 $4,401 $351,160 $0 $0
2021 $4,033 $263,880 $71,000 $192,880
2020 $3,705 $237,760 $47,000 $190,760
2019 $3,658 $231,160 $47,000 $184,160
2018 $3,616 $223,450 $37,000 $186,450
2017 $3,470 $207,500 $34,000 $173,500
2016 $3,288 $182,880 $30,000 $152,880
2015 $3,214 $170,270 $36,000 $134,270
2014 $3,051 $155,010 $36,000 $119,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Space Coast MLS (Space Coast Association of REALTORS®)

MLS Number: 969867

Space Coast MLS (Space Coast Association of REALTORS®)

APN: 26-36-02-76-00000.0-0131.00