11 days on rocket

Sale Pending

827 E Magnolia St, Leesburg, FL, 34748

$90,000

Home List Price

$1,069*

Closing Credit

2 Bedrooms
1 Full Bath
740 SqFt
$122/SqFt
House
Schools Nearby

Location

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827 E Magnolia St, Leesburg$90,000

Buyer Closing Credits

$1,069*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1950
HeatingOther
CoolingOther
MLS #G5081265
Lot Size0.17 Acres
StatusSale Pending
(Pending)

About 827 E Magnolia St

Under contract-accepting backup offers. This little home is on a mature lot of 7400 square feet. It has never been occupied by the owner. The property is distressed and will only qualify for a cash sale. Condition of appliances and HVAC unknown as water and power are currently off. The lot is large, 50 feet across and 148 feet deep. Walking distance to downtown Leesburg. There is a fence running on the entire west side of the property owned by the building next to the property. The lot is currently full of bicycles and other used items, previous tenant is in process of removing. There is also a friendly dog with two puppies and several cats, all outside. Bring a flashlight to view inside of property. Property is zoned R-2, so use your imagination, redo the little house, build a second home at the rear of the lot, or an oversized garage with an apartment above. Lots of potential! Unfortunately little is known about full condition of the property.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Stories: 1
  • Living Area: 740 SqFt

Listing Office:

  • Office Name: ERA GRIZZARD REAL ESTATE
  • Office Phone: (352) 787-6966
  • Listing Agent: Vada Taylor

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Other
  • Interior: Ninguno

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Lot Features

Lot Information:

  • Lot: City Lot, Level, Near Public Transit, Paved
  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • Leesburg High School, Public District Grades 9-12
  • Lake Virtual Franchise, Public District Grades 6-12
  • Oak Park Middle School, Public District Grades 6-8
  • Leesburg Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From 441 and Dixie Highway, go west on Dixie Highway to Lake Street. Go north on Lake Street to E. Magnolia, turn east, property will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $90,000
  • Price Per SqFt: $122/SqFt

Tax Information:

  • Annual Amount: $520
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$298.4K

Med. Price/SqFt

$178

Avg. Days On Market

63

# of Sold Homes

111

827 E Magnolia St vs Leesburg

11 DAYS ON ROCKET

-52 Days

$90,000

-$208.4K Less

$122/SqFt

-$56 Less

KEY TAKEAWAY

This property is $208.4K less than the Median Sold Price and $56/SqFt less than other homes in Leesburg, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #G5081265

Listing Office:

  • Office Name: ERA GRIZZARD REAL ESTATE
  • Office Phone: (352) 787-6966
  • Listing Agent: Vada Taylor

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, 11:49:32 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$520$30,472
2019$399$18,634
2018$394$18,634
2017$370$17,214

History based on county public records data.

Payment Calculator

$517

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$336

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-5641832
3
/10
  • Leesburg Elementary School

  • 2229 South St

  • 2.13 miles

  • Public District Grades PK-5

Middle School

school-card-donut-5641833
2
/10
  • Oak Park Middle School

  • 2101 South St

  • 1.96 miles

  • Public District Grades 6-8

High School

school-card-donut-5641834
1
/10
  • Leesburg High School

  • 1401 Yellow Jacket Way

  • 1.65 miles

  • Public District Grades 9-12

school-card-donut-5641835
4
/10
  • Lake Virtual Franchise

  • 201 W Burleigh Blvd

  • 8.24 miles

  • Public District Grades 6-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,427. The majority of Leesburg, FL residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 827 E Magnolia St

What is the listing price of this property?

The listing price of 827 E Magnolia St property is $90,000.

What type of property is this?

The property 827 E Magnolia St is a house located in Leesburg, Florida, 34748.

Is this property for sale now?

Sale Pending: 827 E Magnolia St is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 827 E Magnolia St are:
Leesburg Elementary School: GreatSchools Rating 3/10
Oak Park Middle School: GreatSchools Rating 2/10
Leesburg High School: GreatSchools Rating 1/10
Lake Virtual Franchise: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $520 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 827 E Magnolia St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 827 E Magnolia St is 740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 827 E Magnolia St is 1950.

Rocket Homes›Florida›Lake County›Leesburg›34748›827 E Magnolia St

This home is located at 827 E Magnolia St in Leesburg, FL and zip code 34748 in the Heritage Estates neighborhood. This 740 square foot home, which was built in 1950, sits on a 0.17 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since April 23, 2024 and is currently priced at $90,000.

Leesburg, FL housing market in April 2024 saw over 14 listings sold above listed price, more than 21 sold at listed price and over 76 sold below. The number of listings in Leesburg, FL decreased by 1.8% between March 2024 and April 2024. While the average time on the market in April 2024 was 63 days, the median list price was $298,420.

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

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