6 months on rocket

314 E Magnolia St, Arcadia, FL, 34266

$150,000

0.82 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeOther
MLS #C7481723
Lot Size0.82 Acres
StatusActive

About 314 E Magnolia St

Welcome to a fantastic opportunity to own a piece of prime residential land in the heart of Arcadia, where small-town feel, and convenience coexist. This remarkable property offers 5 platted lots, making it a spacious canvas for your dream home or investment venture. Classified under R-1C zoning, this land is perfect for single-family residential development, allowing you several potential opportunities. Located on a corner lot, this property provides outstanding visibility, further enhancing its versatility. Nestled within the city limits of charming and historic Arcadia, you can relish the benefits of suburban living while fully immersing yourself in the tranquility and charm of this community. Whether you're looking to build your dream home, invest in Arcadia's real estate market, or develop for resale, this property offers endless possibilities. Act quickly, as properties like this do not stay on the market for long. Contact us today to schedule a viewing and start envisioning your future on this unique parcel. *Kindly confirm your intended land use with the City of Arcadia. For inquiries regarding additional driveways along Magnolia (also known as HWY 70 E), please reach out to the Florida Department of Transportation. It's important to note that this property falls within the Arcadia Historic District, so it's advisable to review any specific requirements with the Arcadia Historic Preservation Committee.*

Property Details

Property Features

Listing Office:

  • Office Name: FUSSELL REALTY INC.
  • Listing Agent: Cody Fussell

Lot Features

Lot Information:

  • Lot Size: 0.82 Acres

School Info

Assigned Schools Information:

  • Desoto County High School, Public District Grades 9-12
  • Desoto Middle School, Public District Grades 6-8
  • Memorial Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: FROM THE CORNER OF HWY 17 NORTH AND HWY 70 EAST IN ARCADIA, HEAD EAST ON HWY 70 (AKA MAGNOLIA STREET) FOR APPROXIMATELY 750 FEET, THE PROPERTY IS ON THE RIGHT ON THE CORNER OF MAGNOLIA AND HILLSBOROUGH. (THE ENTRWAY IS LOCATED ON HILLSBOROUGH).

Price Information

Listing Price Info

Price Summary:

  • List Price: $150,000

Tax Information:

  • Annual Amount: $2,580
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$245K

Med. Price/SqFt

$182

Avg. Days On Market

70

# of Sold Homes

19

314 E Magnolia St vs Arcadia

206 DAYS ON ROCKET

+136 Days

$150,000

-$95K Less

KEY TAKEAWAY

This property is $95K less than the Median Sold Price in Arcadia, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #C7481723

Listing Office:

  • Office Name: FUSSELL REALTY INC.
  • Listing Agent: Cody Fussell

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: 5/3/2024, 3:19:40 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 02, 2019Home Sold
$40,000

Tax History

YEARPROP. TAXASSESSMENT
2020$2,580$105,347
2019$2,548$102,563
2018$549$56,928
2017$554$55,757

History based on county public records data.

Payment Calculator

$816

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$516

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-5445793
3
/10
  • Memorial Elementary School

  • 851 E Hickory St

  • 0.36 miles

  • Public District Grades KG-5

Middle School

school-card-donut-5445794
2
/10
  • Desoto Middle School

  • 420 E Gibson St

  • 0.82 miles

  • Public District Grades 6-8

High School

school-card-donut-5445795
1
/10
  • Desoto County High School

  • 1710 E Gibson St

  • 1.31 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $54,255. The most common annual income of people living in Arcadia, FL is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 314 E Magnolia St

What is the listing price of this property?

The listing price of 314 E Magnolia St property is $150,000.

What type of property is this?

The property 314 E Magnolia St is land located in Arcadia, Florida, 34266.

Is this property for sale now?

Active Listing: 314 E Magnolia St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 314 E Magnolia St are:
Memorial Elementary School: GreatSchools Rating 3/10
Desoto Middle School: GreatSchools Rating 2/10
Desoto County High School: GreatSchools Rating 1/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $2,580 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on October 2, 2019 for $40,000. (source: MLS/tax record).

How much acreage is this property?

The property 314 E Magnolia St is 0.82 acres.
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Rocket HomesFloridaDeSoto CountyArcadia34266314 E Magnolia St

This home is located at 314 E Magnolia St in Arcadia, FL and zip code 34266. This home sits on a 0.82 acre lot. It has been listed on Rocket Homes since October 10, 2023 and is currently priced at $150,000.

Over 3 listings were sold over their listed price in April 2024 in Arcadia, FL. In the same period over 15 listings were sold below the listed price and 1 listings were sold for the listed price. The number of listings in Arcadia, FL decreased by 8% between March 2024 and April 2024. In April 2024, listings were on the market for 70 days. During the same period, the median list price in this real estate market was $245,000.

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

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