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12092 Magnolia Street

12092 Magnolia Street, Dunnellon, FL 34432
Property in Dunnellon
Sold Apr 16, 2021
$348,000
$278,400 by Ameris Bank
Mortgage Due May 01, 2051
Sold Nov 26, 2012
$160,000
$128,000 by Delta Community Cu
Mortgage Due Dec 01, 2042
Local assessors in Dunnellon, FL have categorized 12092 Magnolia Street as a residential type of property. The home was built in 1962 and is 62 years old. The property's lot size has been calculated to be 28,750 square feet. The linear feet between the front and back of the lot was measured at 1,880 ft and the front of the lot was measured at 1,540 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a modern style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 12092 Magnolia Street has a total of 2,594 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 484 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. Moving onto specific details regarding the building. Our sources show that the building condition is poor. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a hip style roof that was made of metal. Lots of concrete block were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heat pump is the primary heating source and it is being fueled with electricity. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 12092 Magnolia Street sold most recently in Apr 15, 2021 for a total of $348,000. If you work out the math, that's approximately a cost of $134.16 per sqft. Before that, the property was also sold for $160,000 in Nov 21, 2012. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,306 in taxes each year. 12092 Magnolia Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $385,217. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Poor
  • Building Quality: C
  • Building Style: Modern
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Hip
  • Roof Cover Type: Metal
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 28,750
  • Lot Size Depth Feet: 1,880
  • Lot Size Frontage Feet: 1,540
  • Total Building Area: 2,594
  • Gross Building Area: 3,564
  • Building Area: 2,594
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Heat pump
  • Heated Square Feet: 2,594
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAINBOW RIVER ACRES
  • Land Acres: 0.66
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 35 TWP 16 RGE 18 PLAT BOOK F PAGE 027 RAINBOW RIVER ACRES BLK B LOTS 7.8

Ownership

  • Current Owner : STORER NICOLE COLETTE
  • Current Owner 2: BOYD DAVID CRYTON
  • Previous Owner : SHANNON RALPH M
  • Previous Owner 2: SHANNON BONNIE B
  • Owner Before Previous Owner: JOHNSON ERIC
  • Owner Before Previous Owner 2: JOHNSON MELISSA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marion County School District
  • Census Tract: 002703

Zoning

  • Zoning: R3A

Geography

  • Assessors Map Reference: MAP 21
  • Parcel: 3383-002-007
  • Block: B
  • Lot: 7
  • Meridian: SEC 35 TWN 16S RNG 18E
  • Municipality: DUNNELLON
  • Latitude: 29.0477
  • Longitude: -82.4533

    Address

  • Full Address: 12092 Magnolia St
  • Address - House Number: 12092
  • Address - Street Name: Magnolia
  • Address - Suffix Type: St
  • State: FL
  • City Name: Dunnellon
  • Carrier Code: R016
  • 4-Digit Zip Code: 6002
  • Zip Code: 34432

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $6,306
  • Tax Rate Code Area: 3002

    Appraisal Valuation

  • Standard Deviation: 0.2325
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 67
  • Final Value: 495,021
  • High Value: 610,151
  • Low Value: 379,892

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $278,400
  • First Open Lien Mortgage Lender: AMERIS BANK
  • First Open Lien Mortgage Recording Date: Apr 16, 2021
  • First Open Lien Mortgage Loan Amount: $278,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $473,604
  • Market Land Value: $44,985
  • Market Improvement Value: $428,619

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $385,217

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2021
  • Current Sale Recording Date: Apr 16, 2021
  • Current Sale Transaction ID: 11832599239
  • Current Sale Price: $348,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021050012
  • Previous Sale Recording Date: Nov 26, 2012
  • Previous Sale Contract Date: Nov 21, 2012
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERIS BANK
  • First Mortgage Transaction Date: Apr 16, 2021
  • First Mortgage Loan Amount: $278,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: DELTA COMMUNITY CU
  • Previous Mortgage Transaction Date: Nov 26, 2012
  • Previous Mortgage Loan Amount: $128,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2042

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Frequently Asked Questions

What neighborhood is 12092 Magnolia Street located in?
The 12092 Magnolia Street is a located in the neighborhood of Dunnellon in Dunnellon, Dunnellon.
What is the average sales price for listings in 12092 Magnolia Street?
The average sales price for units in 12092 Magnolia Street is $0 currently.

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