6 months on rocket

16110 S Magnolia Ave, Summerfield, FL, 34491

$1,599,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
3 Full Baths
1,976 SqFt
$809/SqFt
House
Schools Nearby

Location

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16110 S Magnolia Ave, Summerfield$1,599,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Attached Garage2 spaces
Year Built1981
HeatingElectric
CoolingCentral Air
FireplaceFamily Room, Living Room, Wood Burning
MLS #G5074927
Lot Size25.48 Acres
StatusActive

About 16110 S Magnolia Ave

Welcome to your dream farm on 25.48 acres of pure serenity and opportunity. Beautiful rolling pasture, that perfect scenic area for your beloved animals. This magnificent multi-level home offers the perfect blend of comfort and versatility. With room for an office, game room, or a convenient mother-in-law suite, the first floor features its own private bath, living quarters, and a separate entrance, ensuring your family's comfort and privacy. There is a chair lift from the first floor to the second floor should you ever need it. The top level boasts 3 spacious bedrooms and 2 modern bathrooms, and a full kitchen providing ample space for your family and guests. Step out onto the great balcony/deck upstairs where you'll be captivated by panoramic views of the entire property, or relax on the back covered patio downstairs. Cozy up by the fireplace, whether upstairs or downstairs, as you enjoy the warmth and charm of your new home. Your own Outdoor Paradise - Embrace the great outdoors with 2 serene ponds and expansive pastureland perfect for cattle or horses. Your agricultural dreams await. 6ft. chainlink fence on 3 sides. In 2020 the present owner had approximately 660 ft. of electric utilities put underground so that all animals would be safe from any electrical issues and to preserve the trees that the electric company was going to cut down. There are not any electric cables overhead on any of the 25 acres. Perfectly Located - Centrally positioned, this farm is just 3 miles away from I-75, Close to The Villages, Publix, Hospitals, and the Florida Horse Park, ensuring convenience and access to all amenities. This is not just a property; it's an invitation to a life of comfort, beauty, and endless possibilities. Don't miss out on this rare gem.

Property Details

Property Features

Property Information:

  • Year Built: 1981
  • Stories: 2
  • Living Area: 1,976 SqFt

Listing Office:

  • Office Name: RE FLORIDA HOMES
  • Office Phone: (954) 589-7099
  • Listing Agent: Joyce Wells

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Washer
  • Flooring Type: Carpet
  • Interior: Ceiling Fans(s), Eat-in Kitchen, PrimaryBedroom Upstairs, Solid Wood Cabinets, Walk-In Closet(s)
  • Fireplace: Family Room, Living Room, Wood Burning

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Balcony

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Cleared, Farm, Pasture, Private
  • Lot Size: 25.48 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Belleview High School, Public Magnet Grades 9-12
  • Belleview Middle School, Public District Grades 6-8
  • Marion Oaks Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: At the intersection of CR 484 and CR 475 go South on CR 475 turn left on S.E. 160th St. at the end turn left onto S, Magnolia Ave to 16110 on the right, white mailbox.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,599,000
  • Price Per SqFt: $809/SqFt
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MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #G5074927

Listing Office:

  • Office Name: RE FLORIDA HOMES
  • Office Phone: (954) 589-7099
  • Listing Agent: Joyce Wells

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IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 5/5/2024, 10:19:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$8,048

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,860

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6694303
3
/10

  • Marion Oaks Elementary School

  • 280 Marion Oaks Trl

  • 4.65 miles

  • Public District Grades PK-5

Middle School

school-card-donut-6694304
4
/10

  • Belleview Middle School

  • 10500 SE 36th Ave

  • 6.36 miles

  • Public District Grades 6-8

High School

school-card-donut-6694305
3
/10

  • Belleview High School

  • 10400 SE 36th Ave

  • 6.63 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,410. The majority of Marion County, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 16110 S Magnolia Ave

What is the listing price of this property?

The listing price of 16110 S Magnolia Ave property is $1,599,000.

What type of property is this?

The property 16110 S Magnolia Ave is a house located in Summerfield, Florida, 34491.

Is this property for sale now?

Active Listing: 16110 S Magnolia Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 16110 S Magnolia Ave are:
Marion Oaks Elementary School: GreatSchools Rating 3/10
Belleview Middle School: GreatSchools Rating 4/10
Belleview High School: GreatSchools Rating 3/10

How many bedrooms and bathrooms does this property have?

The property at 16110 S Magnolia Ave has 4 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 16110 S Magnolia Ave is 1,976 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16110 S Magnolia Ave is 1981.

Rocket Homes›Florida›Marion County›Summerfield›34491›16110 S Magnolia Ave

This home is located at 16110 S Magnolia Ave in Summerfield, FL and zip code 34491. This 1,976 square foot home, which was built in 1981, sits on a 25.48 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 03, 2023 and is currently priced at $1,599,000.

In April 2024, from all listings sold in Marion County, FL there were more than 105 sold above asking price, over 447 sold below and more than 276 were sold right at the asked price. The number of listings in Marion County, FL decreased by 1.8% between March 2024 and April 2024. In April 2024 median list price was $274,924 and the average listing age was 61 days.

From Rocket Homes Real Estate and based on county public records data.

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