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251 Magnolia Park Trail

251 Magnolia Park Trail, Sanford, FL 32773
Property in Magnolia Park
Sold Nov 27, 2017
$255,000
$225,000 by Home Point Financial Corporati
Mortgage Due Dec 01, 2047
Sold Aug 23, 2017
$245,500
251 Magnolia Park Trail in Sanford, FL was first built in 2004 and is 20 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 251 Magnolia Park Trail has 2,528 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,060 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a attached garage. The garage is 436 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The condition of the building has been evaluated as average. The exterior walls of the home are made of concrete block. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. 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, 251 Magnolia Park Trail sold most recently in Nov 17, 2017 for a total of $255,000. If you work out the math, that's approximately a cost of $86.03 per sqft. Before that, the property was also sold for $245,500 in Aug 18, 2017. 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 $3,456 in taxes each year. 251 Magnolia Park Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $237,026. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: Average
  • Construction Type: Masonry
  • Exterior Walls Type: Concrete block
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 436
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,060
  • Total Building Area: 2,964
  • Gross Building Area: 2,964
  • Building Area: 2,528
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,528
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAGNOLIA PARK
  • Land Acres: 0.162
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 87 MAGNOLIA PARK PB 63 PGS 54 - 59

Ownership

  • Current Owner : BUTERA VINCENT
  • Previous Owner : OFFERPAD LLC
  • Owner Before Previous Owner: BROOKS HAROLD L
  • Owner Before Previous Owner 2: BROOKS DORIS
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Seminole County School District
  • School Tax School District: SANFORD
  • Census Tract: 021000

Zoning

  • Zoning: PD

Geography

  • Assessors Map Reference: 00898B51
  • Subdivision Tract Number: 507
  • Parcel: 18-20-31-507-0000-0870
  • Lot: 87
  • Meridian: SEC 18 TWN 20S RNG 31E
  • Municipality: SANFORD
  • Latitude: 28.7526
  • Longitude: -81.255

    Address

  • Full Address: 251 Magnolia Park Trl
  • Address - House Number: 251
  • Address - Street Name: Magnolia Park
  • Address - Suffix Type: Trl
  • State: FL
  • City Name: Sanford
  • Carrier Code: R017
  • 4-Digit Zip Code: 7215
  • Zip Code: 32773

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $3,456
  • Tax Rate Code Area: S1

    Appraisal Valuation

  • Standard Deviation: 0.1505
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 81
  • Final Value: 459,728
  • High Value: 528,952
  • Low Value: 390,504

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $225,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Nov 27, 2017
  • First Open Lien Mortgage Loan Amount: $225,000
  • 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: Dec 01, 2047

    Market Valuation

  • Market Total Value: $349,659
  • Market Land Value: $95,000
  • Market Improvement Value: $254,659

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $237,026

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 17, 2017
  • Current Sale Recording Date: Nov 27, 2017
  • Current Sale Transaction ID: 11327049582
  • Current Sale Price: $255,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017118824
  • Previous Sale Recording Date: Aug 23, 2017
  • Previous Sale Contract Date: Aug 18, 2017
  • Previous Sale Amount: $245,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Nov 27, 2017
  • First Mortgage Loan Amount: $225,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2047

About Magnolia Park



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Frequently Asked Questions

What neighborhood is 251 Magnolia Park Trail located in?
The 251 Magnolia Park Trail is a located in the neighborhood of Magnolia Park in Magnolia Park, Sanford.
What is the average sales price for listings in 251 Magnolia Park Trail?
The average sales price for units in 251 Magnolia Park Trail is $0 currently.

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