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465 Magnolia Ridge Avenue

465 Magnolia Ridge Avenue, Tavares, FL 32778
Sold Jan 20, 2021
$200,000
$189,150 by Bank Of America Na
Mortgage Due Jan 01, 2051
Sold Oct 09, 2020
$130,000
$116,900 by His Capital Funding
Mortgage Due Oct 01, 2021
465 Magnolia Ridge Avenue has been categorized by the local assessors in Tavares, FL as a residential type of property. The building on the property was first built in 2002 and is 22 years old. However, we must point out that the home was most recently renovated and altered in 2021. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 465 Magnolia Ridge Avenue has 1,549 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,950 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 297 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The roof of the building is made of asphalt. The exterior walls of the building are made of brick. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with electricity. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 465 Magnolia Ridge Avenue was last sold in Dec 30, 2020 for $200,000. According to our calculations, that's $108.34 per sqft. Prior to that sales transaction, the property was sold for $130,000 in Sep 25, 2020. Current property owners are expected to pay $2,316 in taxes per year. The property on 465 Magnolia Ridge Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $162,560. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Block Exterior
Stucco Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Good
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 297
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,950
  • Total Building Area: 1,846
  • Gross Building Area: 1,846
  • Building Area: 1,549
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,549
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TAVARES MAGNOLIA RIDGE SUB FIRST ADD
  • Land Acres: 0.183
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TAVARES MAGNOLIA RIDGE SUB FIRST ADD LOT 28 PB 45 PGS 1-3 ORB 5623 PG 2335

Ownership

  • Current Owner : RIVERA JOSE MANUEL MORALES
  • Previous Owner : MONSERRAT VENTURA LLC
  • Owner Before Previous Owner: HONEYCUTT CATHERINE S HOOVER
  • Owner Before Previous Owner 2: HONEYCUTT RONALD E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lake County School District
  • Census Tract: 030805

Zoning

  • Zoning: RSF1

Geography

  • Assessors Map Reference: BK 45 PG 1-3
  • Account Number: 3806387
  • Subdivision Tract Number: 0080
  • Parcel: 31-19-26-0080-000-02800
  • Lot: 28
  • Meridian: SEC 31 TWN 19S RNG 26E
  • Municipality: TAVARES
  • Latitude: 28.7985
  • Longitude: -81.7459

    Address

  • Full Address: 465 Magnolia Ridge Ave
  • Address - House Number: 465
  • Address - Street Name: Magnolia Ridge
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Tavares
  • Carrier Code: C006
  • 4-Digit Zip Code: 5184
  • Zip Code: 32778

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,316
  • Tax Rate Code Area: T

    Appraisal Valuation

  • Standard Deviation: 0.1973
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 292,089
  • High Value: 349,729
  • Low Value: 234,449

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $189,150
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Jan 20, 2021
  • First Open Lien Mortgage Loan Amount: $189,150
  • 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: Jan 01, 2051

    Market Valuation

  • Market Total Value: $204,170
  • Market Land Value: $55,440
  • Market Improvement Value: $148,730

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $162,560

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 30, 2020
  • Current Sale Recording Date: Jan 20, 2021
  • Current Sale Transaction ID: 11814815666
  • Current Sale Price: $200,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021008332
  • Previous Sale Recording Date: Oct 09, 2020
  • Previous Sale Contract Date: Sep 25, 2020
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jan 20, 2021
  • First Mortgage Loan Amount: $189,150
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: HIS CAPITAL FUNDING
  • Previous Mortgage Transaction Date: Oct 09, 2020
  • Previous Mortgage Loan Amount: $116,900
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2021

About Magnolia Ridge



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Frequently Asked Questions

What neighborhood is 465 Magnolia Ridge Avenue located in?
The 465 Magnolia Ridge Avenue is a house located in the neighborhood of Magnolia Ridge in Magnolia Ridge, Tavares.
What is the average sales price for listings in 465 Magnolia Ridge Avenue?
The average sales price for units in 465 Magnolia Ridge Avenue is $0 currently.

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