NOT LISTED FOR SALE

Estimated Value: $867,000 - $1,048,000

4 Beds
3 Baths
3,186 Sq Ft
$303/Sq Ft Est. Value

Last Sold November 17, 2022

Last sale price $904,350 $284 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,419/month

37 Days on Market

Highlights

  • Screened Pool
  • View of Trees or Woods
  • Open Floorplan
  • Lakewood Ranch High School Rated A-
  • 5 Acre Lot
  • Living Room with Fireplace

About This Home

As of November 2022

$50,000 Price Improvement 9/16/22. Welcome to Magnolia Hill in beautiful Myakka City. The perfect location if you don't want to live in town but still be 15 minutes from restaurants, shopping and a great school district. This gem is nestled to the rear of the community and bordered with majestic oaks and as you pass the gate to this rural dream home, you will have a view of your pond with fountain, butterfly garden and likely see some of our amazing wildlife as you wind up the driveway. This metal roofed, solid block home has has extensive upgrades through out and even sports an interior in law suite perfect for multi generational living or extra room for guests during the holidays. There are also two dens that could even be converted into bedrooms if needed. Walking through the front door, you'll immediately notice the soaring 11'4" ceilings soaring throughout the home and open concept floor plan to make the home feel even larger. The updated kitchen is huge and open to both the dining and living rooms and sliders that open up to your screened in pool area, making it perfect for entertaining. Your huge master suite also has french doors with the same pool view, a large master bath along with his and hers walk in closets. Large ceramic tile line the floor of the home along with a central vacuum system helping to keep floors cleaner in a rural environment. Behind the home you will see a whole house water softener and filtration system to ensure top water quality. This home also has large dual offices, that could also be converted easily to bedrooms if needed. A huge 30x60 metal sided shop, with additional 12'x60' lean to on the side of it and just to the right of the home perfect for an at home business, hobbyist or storing anything you need. Way too many upgrades to list, so you must see it for yourself to truly understand just how special this property is. Contact us for a showing today before this becomes someone else's dream home.

Last Agent to Sell the Property

Paul Hart

PREFERRED SHORE LLC License #3386101 Listed on: 08/11/2022

PREFERRED SHORE LLC

Co-Listed By

Stacey Hart

PREFERRED SHORE LLC License #3534438

Last Buyer's Agent

Steve Johnston

LPT REALTY, LLC License #3202234

LPT REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,018

Year Built

  • Built in 1995

Lot Details

  • 5 Acre Lot
  • Street terminates at a dead end
  • West Facing Home
  • Mature Landscaping
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Parking Pad
  • Oversized Parking
  • Workshop in Garage
  • Circular Driveway

Home Design

  • Florida Architecture
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,186 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Inside Utility
  • Laundry Room
  • Ceramic Tile Flooring
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool
  • Auto Pool Cleaner
  • Pool Lighting

Outdoor Features

  • Screened Patio
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Front Porch

Schools

  • Myakka City Elementary School
  • Nolan Middle School
  • Lakewood Ranch High School

Horse Facilities and Amenities

  • Zoned For Horses

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Well
  • Electric Water Heater
  • Water Purifier
  • Water Softener
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Magnolia Hill Subdivision Community
  • Magnolia Hill Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,018

Year Built

Built in 1995

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3186
  • Lot Size Acres: 5
  • New Construction: No
  • Year Built: 1995
  • Lot Size Sq Ft: 217669
  • Directions to Property: Heading East in SR 70, turn left on Verna Road, left on Singletary Road, left on 284th and house is at end on right.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4544934?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4544934?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 5 to less than 10
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.90435
  • Price per Sq Ft: 283.85
  • Close to Original List Price Ratio: 0.82214
  • View: Yes
  • Co List Office Mls Id: 281531515
  • Co List Office Phone: 941-999-1179
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Central Vaccum, Crown Molding, Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator, Water Purifier, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 9501
  • Room Count: 12
  • Additional Rooms: Inside Utility, Interior In-Law Suite
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage, Workshop
  • Pool Features: Auto Cleaner, In Ground, Lighting, Screen Enclosure
  • Exterior Features: Lighting
  • Roof: Metal
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Number Of Wells: 1
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Oversized, Parking Pad, Workshop in Garage
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Septic Tank
  • Water Source: Well
  • Number Of Septics: 1
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Myakka City Elementary
  • High School: Lakewood Ranch High
  • Middle Or Junior School: Nolan Middle

Lot Info

  • Zoning: A
  • Parcel Number: 172200909
  • Additional Parcels: No
  • Lot Features: Zoned for Horses
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3018.35
  • Tax Book Number: 25-29
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 8, 2023
Sold by
Nye Bruce R and Nye Sonja L
Bought by
Nye Eric M and Nye Amarilys
Total Days on Market
37
Current Estimated Value
$964,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$680,000
Outstanding Balance
$663,543
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$301,263

Purchase Details

Listed on
Aug 11, 2022
Closed on
Nov 17, 2022
Sold by
Hannah Richard W and Hannah Deborah D
Bought by
Nye Bruce R and Nye Sonja L
Seller's Agent
Paul Hart
PREFERRED SHORE LLC
Buyer's Agent
Steve Johnston
LPT REALTY, LLC
List Price
$1,100,000
Sold Price
$904,350
Premium/Discount to List
-$195,650
-17.79%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.57%

Purchase Details

Closed on
Feb 7, 2015
Sold by
Nationstar Mortgage Llc
Bought by
Hannah Richard W and Hannah Deborah

Purchase Details

Closed on
Apr 25, 2014
Sold by
Teijgeman Leonardus M and Teijgeman Leo M
Bought by
Nationstar Mortgage Llc

Purchase Details

Closed on
May 27, 2003
Sold by
Teijgeman Leonardus M and Hartman Lora
Bought by
Teijgeman Leonardus M and Hartman Lora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,900
Interest Rate
5.79%
Source: Public Records

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Range of Values:

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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
Nye Eric M $850,000 None Listed On Document
Nye Bruce R $904,350 --
Hannah Richard W $285,000 Singlesource Property Soluti
Nationstar Mortgage Llc -- Attorney
Teijgeman Leonardus M $102,200 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nye Eric M $680,000
Previous Owner Hannah Richard W $250,250
Previous Owner Hannah Deborah D $220,000
Previous Owner Hannah Richard W $150,000
Previous Owner Hannah Richard W $105,000
Previous Owner Teijgeman Leonardus M $1,050,000
Previous Owner Teijgeman Leonardus M $207,900
Previous Owner Teijgeman Leonardus M $50,861
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2022 11/17/22 Sold $904,350 -9.6% $284 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
09/16/2022 09/16/22 Price Changed $999,999 -4.8% $314 / Sq Ft
09/06/2022 09/06/22 Price Changed $1,050,000 -2.3% $330 / Sq Ft
08/23/2022 08/23/22 Price Changed $1,075,000 -2.3% $337 / Sq Ft
08/11/2022 08/11/22 For Sale $1,100,000 -- $345 / 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 $12,038 $850,691 $140,250 $710,441
2023 $12,038 $807,524 $86,700 $720,824
2022 $5,861 $420,187 $0 $0
2021 $3,018 $407,949 $0 $0
2020 $6,056 $402,317 $0 $0
2019 $5,990 $393,272 $0 $0
2018 $5,958 $385,939 $0 $0
2017 $2,899 $378,001 $0 $0
2016 $3,033 $364,873 $0 $0
2015 $4,521 $291,885 $0 $0
2014 $4,521 $250,314 $0 $0
2013 $4,294 $231,772 $37,350 $194,422
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4544934

Stellar MLS

APN: 1722-0090-9