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50 Magnolia Drive

50 Magnolia Drive, Debary, FL 32713
Sold Nov 15, 1988
$54,200
$120,800 by Nationstar Mortgage Llc
Mortgage Due Oct 01, 2044
Sold Aug 15, 1988
$10,000
50 Magnolia Drive has been categorized by the local assessors in Debary, FL as a residential type of property. The building on the property was first built in 1988 and is 36 years old. However, we must point out that the home was most recently renovated and altered in 1993. 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, 50 Magnolia Drive has 1,244 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,650 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 16,500 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 424 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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 wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable style roof made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. 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, 50 Magnolia Drive was last sold in Nov 15, 1988 for $54,200. According to our calculations, that's $32.49 per sqft. Prior to that sales transaction, the property was sold for $10,000 in Aug 15, 1988. Current property owners are expected to pay $949 in taxes per year. The property on 50 Magnolia Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $74,487. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 424
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 16,500
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,668
  • Gross Building Area: 1,668
  • Building Area: 1,244
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,244
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE MARIE ESTATE
  • Land Acres: 0.379
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 16 BLK D LAKE MARIE ESTATES PLAT 3 MB 23 PG 79 PER OR 4297 PGS 2618-2684A PER OR 5812 PG 3420 PER OR 8317 PG 0344

Ownership

  • Current Owner : ABBOTT JAMES C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Life Estate

Neighborhood

  • School District Name: Volusia County School District
  • Census Tract: 090904

Zoning

  • Zoning: 01R4

Geography

  • Assessors Map Reference: W2-0016-34
  • Account Number: 2427388
  • Subdivision Tract Number: 03
  • Parcel: 8034-03-04-0160
  • Block: D
  • Lot: 16
  • Meridian: SEC 34 TWN 18S RNG 30E
  • Municipality: DEBARY
  • Latitude: 28.8883
  • Longitude: -81.3157

    Address

  • Full Address: 50 Magnolia Dr
  • Address - House Number: 50
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Debary
  • Carrier Code: C022
  • 4-Digit Zip Code: 2822
  • Zip Code: 32713

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $949
  • Tax Rate Code Area: 015

    Appraisal Valuation

  • Standard Deviation: 0.1725
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 77
  • Final Value: 338,242
  • High Value: 396,606
  • Low Value: 279,878

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $248,800
  • First Open Lien Mortgage Lender: NATIONSTAR MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Nov 24, 2014
  • First Open Lien Mortgage Loan Amount: $120,800
  • 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: Oct 01, 2044
  • Second Open Lien Mortgage Lender: FLAGSTAR BANK FSB
  • Second Open Lien Mortgage Recording Date: Apr 20, 2006
  • Second Open Lien Mortgage Loan Amount: $128,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Second Open Lien Mortgage Loan Due Date: May 01, 2036

    Market Valuation

  • Market Total Value: $252,103
  • Market Land Value: $58,240
  • Market Improvement Value: $193,863

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $74,487

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 15, 1988
  • Current Sale Recording Date: Nov 15, 1988
  • Current Sale Transaction ID: 11535464243
  • Current Sale Price: $54,200
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: Aug 15, 1988
  • Previous Sale Contract Date: Aug 15, 1988
  • Previous Sale Amount: $10,000
  • Previous Sale Document Type: Deed

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Frequently Asked Questions

What neighborhood is 50 Magnolia Drive located in?
The 50 Magnolia Drive is a located in the neighborhood of Lake Marie Estates in Lake Marie Estates, Debary.
What is the average sales price for listings in 50 Magnolia Drive?
The average sales price for units in 50 Magnolia Drive is $0 currently.

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