24 days on rocket

16311 S Magnolia Ave, Summerfield, FL, 34491

$409,000

Home List Price

$4,857*

Closing Credit

2 Bedrooms
2 Full Baths
1,770 SqFt
$231/SqFt
House
Schools Nearby

Location

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16311 S Magnolia Ave, Summerfield$409,000

Buyer Closing Credits

$4,857*

1.25% Loan Amount

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Property Highlights

Year Built1995
HeatingElectric, Heat Pump
CoolingCentral Air
MLS #G5080555
Lot Size6.00 Acres
StatusActive

About 16311 S Magnolia Ave

Make your appointment today to see this hidden gem in Foxborough Farms, right in Summerfield. Country living is close to THE VILLAGES, big-box stores, plenty of dining choices, and medical facilities, and easy to access Interstate 75. This updated 2/2 has an additional room for your imagination to make an office, game room, crafting area, or larger dining area. Enjoy watching the sun rise and set over the sprawling 6 ACRES while enjoying the front and rear covered porches. The seller is leaving a 60-inch 0-turn Kubota commercial lawn mower for your convenience and a nice gas grill for all your gatherings. You will also find an oversized shed for your storage needs. If that is not enough to entice you to make your appointment today, a variety of fruit trees are located on the property, including apple, fig, peach, pear, pomegranate, and tangerines for your choosing.

Property Details

Property Features

Property Information:

  • Year Built: 1995
  • Living Area: 1,770 SqFt

Listing Office:

  • Office Name: RE/MAX FOXFIRE - SUMMERFIELD
  • Office Phone: (352) 307-0304
  • Listing Agent: Donna Mills-Martens

Interior Features

Interior Information:

  • Appliances: Electric Water Heater, Range, Refrigerator, Washer
  • Flooring Type: Ceramic Tile, Luxury Vinyl
  • Interior: Ceiling Fans(s), Crown Molding, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting

Virtual/3D Tour

  • Virtual Tour: 16311 S Magnolia Ave

Virtual Tour

Lot Features

Lot Information:

  • Lot: Pasture
  • Lot Size: 6.00 Acres

Utilities

Utilities Information:

  • Heating: Electric, Heat Pump
  • 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: Follow 42 west till dead ends, right on South Magnolia...home is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $409,000
  • Price Per SqFt: $231/SqFt

Tax Information:

  • Annual Amount: $715
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Summerfield, FL.

Med. Sold Price

$271.7K

Med. Price/SqFt

$182

Avg. Days On Market

52

# of Sold Homes

73

16311 S Magnolia Ave vs Summerfield

24 DAYS ON ROCKET

-28 Days

$409,000

+$137.2K More

$231/SqFt

+$49 More

KEY TAKEAWAY

This property is $137.2K more than the Median Sold Price and $49/SqFt more than other homes in Summerfield, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #G5080555

Listing Office:

  • Office Name: RE/MAX FOXFIRE - SUMMERFIELD
  • Office Phone: (352) 307-0304
  • Listing Agent: Donna Mills-Martens

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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: 4/29/2024, 9:19:17 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$715$50,232
2018$661$47,763
2017$618$46,852

History based on county public records data.

Payment Calculator

$2,109

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,293

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-3359657
3
/10
  • Marion Oaks Elementary School

  • 280 Marion Oaks Trl

  • 4.91 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3359658
4
/10
  • Belleview Middle School

  • 10500 SE 36th Ave

  • 6.46 miles

  • Public District Grades 6-8

High School

school-card-donut-3359659
3
/10
  • Belleview High School

  • 10400 SE 36th Ave

  • 6.74 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,410. The majority of Summerfield, FL residents have income between $35k-100k annually. Most families are single, no kids. 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 16311 S Magnolia Ave

What is the listing price of this property?

The listing price of 16311 S Magnolia Ave property is $409,000.

What type of property is this?

The property 16311 S Magnolia Ave is a house located in Summerfield, Florida, 34491.

Is this property for sale now?

Active Listing: 16311 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 16311 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

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $715 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 16311 S Magnolia Ave has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 16311 S Magnolia Ave is 1,770 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16311 S Magnolia Ave is 1995.

Rocket Homes›Florida›Marion County›Summerfield›34491›16311 S Magnolia Ave

This home is located at 16311 S Magnolia Ave in Summerfield, FL and zip code 34491 in the Foxborough Farms neighborhood. This 1,770 square foot home, which was built in 1995, sits on a 6.00 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since April 05, 2024 and is currently priced at $409,000.

Summerfield, FL housing market in March 2024 saw over 11 listings sold above listed price, more than 26 sold at listed price and over 36 sold below. In March 2024 in Summerfield, FL there were 1.8% more homes for sale than in February 2024. Listings spent 52 days on the market in March 2024, and had a median list price of $271,704 during the same period.

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

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