by Global Lifestyle Properties

See Home Value
$650,000
● House - Off Market

721 Magnolia STREET

WINDERMERE, FL 34786
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,737 Ft²
$3,969
Est. Monthly
4.80%
Cap Rate

About This Property

This is a rare opportunity to own a two-home parcel in the highly sought-after community of Windermere. This property is ideal for use as a rental or to tear down and make the lot the new location of your custom-built dream home! As rental units, these bungalow-style homes are ideally located close to the center of downtown Windermere and Lake Bessie. Both homes offer 2 bedrooms,1 bathroom, plus a 450 square foot shed on .38 acres. Each are full of character and style with stainless steel appliances, Shaker-style cabinets and other designer touches. Or if you have been searching for the absolute perfect location to build, this is it! The lot allows for an ample-sized home that is just steps from beautiful Lake Bessie and the boat ramp to the lake. The area is a truly picturesque setting with towering mature live oaks and just a short golf cart ride to all of downtown Windermere's amenities which include shops, dining, wine market, brewery, basketball courts, tennis, pickleball, multiple boat ramps, playgrounds and so much more. Don't miss the opportunity to own this rare piece of beautiful Windermere. Schedule your property tour today!
Unit Size
1,737 Ft²
Days on Market
75 days
Land Size
0.38 acres
Price per sqft
$391
Property Type
House
Property Taxes
$634
HOA Dues
-
Year Built
1913

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Last updated: 3 years ago (Stellar MLS #O6233308)

Price History

Date / Event Date Event Price
Oct 30, 2024 Sold
Sold
Sep 25, 2024 In contract -
In contract
Aug 16, 2024 Listed by CORCORAN PREMIER REALTY $679,000
Listed by CORCORAN PREMIER REALTY
Sep 6, 2018 No longer available -
No longer available
Sep 4, 2018 Sold
Sold
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Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1965
  • Building Count: 2
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 2
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 20
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 16,758
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,684
  • Gross Building Area: 2,684
  • Building Area: 1,737
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,737
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WINDERMERE
  • Land Acres: 0000000385
  • Standard Land Use Code: 1001
  • County Land Use Code: 0100
  • State Land Use Code: 001
  • Legal Description 1: PLAT OF WINDERMERE G/36 LOT 163

Neighborhood

  • School District Name: Orange County School District
  • School Tax School District: 5810 5820 5840
  • Census Tract: 014809

Zoning

  • Zoning: SFR

Geography

  • Assessors Map Reference: 54A
  • Subdivision Tract Number: 9336
  • Parcel: 17-23-28-9336-01-630
  • Block: 1
  • Lot: 163
  • Meridian: SEC 17 TWN 23S RNG 28E
  • Municipality: WINDERMERE
  • Latitude: 28.4933
  • Longitude: -81.5313

    Address

  • Full Address: 721 Magnolia St
  • Address - House Number: 721
  • Address - Street Name: Magnolia
  • Address - Suffix Type: St
  • State: FL
  • City Name: Windermere
  • Carrier Code: R007
  • 4-Digit Zip Code: 8722
  • Zip Code: 34786

Valuation

    Tax

  • Total Area: 2,067
  • Tax Year: 2023
  • Tax Amount: $761,212
  • Tax Rate Code Area: 75-WND

    Appraisal Valuation

  • Standard Deviation: 0.1665
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 78
  • Final Value: 653,374
  • High Value: 762,197
  • Low Value: 544,550

    Market Valuation

  • Market Total Value: $477,013
  • Market Land Value: $375,000
  • Market Improvement Value: $102,013

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $477,013
  • Assessed Land Value: $375,000
  • Assessed Improvements Value: $102,013

    Sales

  • Current Sale Contract Date: Sep 04, 2018
  • Current Sale Recording Date: Sep 04, 2018
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 20180523354
  • Previous Sale Recording Date: Nov 11, 2011
  • Previous Sale Contract Date: Nov 10, 2011
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: 71
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Windermere


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Unit for rent at 6031 Bay Valley Court, ORLANDO, FL, 32819

$3,400 /mo

  • 3 Beds
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  • 1,915 ft²
6031 Bay Valley Court, ORLANDO, FL, 32819 Listing by Sarah Heise


Frequently Asked Questions

When was property at 721 Magnolia Street built and last sold?
The property at 721 Magnolia Street was built in 1913 and last sold on Sep 4, 2018 for $348,000.
How much is this home worth?
The estimated value of the home located at 721 Magnolia Street is $671,243.
What are some comparable homes to 721 Magnolia Street?
There are currently no comparable homes to 721 Magnolia Street.