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863 Margaux Trail

863 Margaux Trail, The Villages, FL 32162
Property in Wildwood
Sold Oct 24, 2023
$390,000
$130,000 by Citizens 1st Bank
Mortgage Due Nov 01, 2053
Sold Jul 23, 2021
Transfer
$225,000 by Quicken Loans Llc
Mortgage Due Jul 01, 2051
863 Margaux Trail in The Villages, FL was first built in 2008 and is 16 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. 863 Margaux Trail has 1,572 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 6,748 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. For those who need parking, there is a attached garage. The garage is 440 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 quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of wood. 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, 863 Margaux Trail sold most recently in Oct 16, 2023 for a total of $390,000. If you work out the math, that's approximately a cost of $193.84 per sqft. 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 $643 in taxes each year. 863 Margaux Trail was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $177,280. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2008
  • Effective Year Built: 2008
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,748
  • Total Building Area: 2,012
  • Gross Building Area: 2,192
  • Building Area: 1,572
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,572
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE VILLAGES OF SUMTER
  • Land Acres: 0.155
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L0T 142 THE VILLAGES OF SUMTER UNIT NO 138 PB 9 PGS 19-19C

Ownership

  • Current Owner : ROSS STEPHEN M
  • Current Owner 2: ROSS DIANA L
  • Previous Owner : RHOADES FAMILY LIVING TRUST
  • Owner Before Previous Owner: RHOADES KENNETH D
  • Owner Before Previous Owner 2: RHOADES JOANN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Sumter County School District
  • Census Tract: 911206

Geography

  • Parcel: G02E142
  • Lot: T
  • Meridian: SEC 2 TWN 19S RNG 23E
  • Municipality: SUMTER COUNTY
  • Latitude: 28.8701
  • Longitude: -81.9712

    Address

  • Full Address: 863 Margaux Trl
  • Address - House Number: 863
  • Address - Street Name: Margaux
  • Address - Suffix Type: Trl
  • State: FL
  • City Name: The Villages
  • Carrier Code: H075
  • 4-Digit Zip Code: 4536
  • Zip Code: 32162

Valuation

    Tax

  • Total Area: 1,982
  • Tax Year: 2023
  • Tax Amount: $643
  • Tax Rate Code Area: 5011

    Appraisal Valuation

  • Standard Deviation: 0.1508
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 81
  • Final Value: 426,052
  • High Value: 490,331
  • Low Value: 361,773

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: CITIZENS 1ST BANK
  • First Open Lien Mortgage Recording Date: Oct 24, 2023
  • First Open Lien Mortgage Loan Amount: $130,000
  • 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: Nov 01, 2053

    Market Valuation

  • Market Total Value: $331,850
  • Market Land Value: $26,990
  • Market Improvement Value: $304,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $177,280

    Sales

  • Current Sale Contract Date: Oct 16, 2023
  • Current Sale Recording Date: Oct 24, 2023
  • Current Sale Transaction ID: 11915305618
  • Current Sale Price: $390,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 40102
  • Previous Sale Recording Date: Jul 23, 2021
  • Previous Sale Contract Date: Jun 18, 2021
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS 1ST BANK
  • First Mortgage Transaction Date: Oct 24, 2023
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: QUICKEN LOANS LLC
  • Previous Mortgage Transaction Date: Jul 23, 2021
  • Previous Mortgage Loan Amount: $225,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Jul 01, 2051

About The Villages



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Frequently Asked Questions

What neighborhood is 863 Margaux Trail located in?
The 863 Margaux Trail is a located in the neighborhood of Wildwood in The Villages, The Villages.
What is the average sales price for listings in 863 Margaux Trail?
The average sales price for units in 863 Margaux Trail is $0 currently.

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