$274,500
- 2 Beds
- 1 Bath
- 954 Sq Ft
837 E Park Ave, Tallahassee, FL 32301
Sarah Eden
Eden & Company
(850) 920-6580
Frequently Asked Questions
Is Magnolia a good place to live?
Magnolia is a good place to live. Magnolia is considered somewhat walkable and bikeable with some transit options. Magnolia is a suburban neighborhood. Magnolia has 7 parks for recreational activities. It is fairly sparse in population with 3.1 people per acre and a median age of 35. The average household income is $58,567 which is below the national average. College graduates make up 64.8% of residents. A majority of residents in Magnolia are renters, with 65.8% of residents renting and 34.2% of residents owning their home. A local real estate agent serving Magnolia can help you decide if this neighborhood is the right one for you. Learn more on our Magnolia neighborhood guide.
How much do you need to make to afford a house in Magnolia?
The median home price in Magnolia is $275,000. If you put a 20% down payment of $55,000 and had a 30-year fixed mortgage with an interest rate of 6.26%, your estimated principal and interest payment would be $1,360 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $58K a year to afford the median home price in Magnolia. The average household income in Magnolia is $59K.
What are the best public schools in Magnolia?
The best public schools that serve Magnolia are:
- Leon High School has an A Niche grade, a student teacher ratio of 24:1 and an average review score of 4.1.
- James Rickards High School has a B+ Niche grade, a student teacher ratio of 24:1 and an average review score of 3.7.
- Fairview Middle School has a B Niche grade, a student teacher ratio of 17:1 and an average review score of 3.8.
What are the best private schools in Magnolia?
The best private schools that serve Magnolia are:
- Trinity Catholic School has an A- Niche grade, a student teacher ratio of 11:1 and an average review score of 3.9.
- Christ Classical Academy has a student teacher ratio of 7:1 and an average review score of 3.3.
- Betton Hills Preparatory School has a student teacher ratio of 30:1.
What are the most popular zip codes in Magnolia, Tallahassee, FL?
What are the most popular neighborhoods near Magnolia, Tallahassee, FL?
The most popular neighborhoods near Magnolia, Tallahassee, FL are Old Town, Downtown Tallahassee, Woodland Drives, Miccosukee Greenway and Governor's Walk.
Are home prices dropping in Magnolia?
Yes, home prices in Magnolia are down 5% in the last 12 months.
