Welcome to your dream farm on 25.48 acres of pure serenity and opportunity. Beautiful rolling pasture, that perfect scenic area for your beloved animals. This magnificent multi-level home offers the perfect blend of comfort and versatility. With room for an office, game room, or a convenient mother-in-law suite, the first floor features its own private bath, living quarters, and a separate entrance, ensuring your family's comfort and privacy. There is a chair lift from the first floor to the second floor should you ever need it. The top level boasts 3 spacious bedrooms and 2 modern bathrooms, and a full kitchen providing ample space for your family and guests. Step out onto the great balcony/deck upstairs where you'll be captivated by panoramic views of the entire property, or relax on the back covered patio downstairs. Cozy up by the fireplace, whether upstairs or downstairs, as you enjoy the warmth and charm of your new home. Your own Outdoor Paradise - Embrace the great outdoors with 2 serene ponds and expansive pastureland perfect for cattle or horses. Your agricultural dreams await. 6ft. chainlink fence on 3 sides. In 2020 the present owner had approximately 660 ft. of electric utilities put underground so that all animals would be safe from any electrical issues and to preserve the trees that the electric company was going to cut down. There are not any electric cables overhead on any of the 25 acres. Perfectly Located - Centrally positioned, this farm is just 3 miles away from I-75, Close to The Villages, Publix, Hospitals, and the Florida Horse Park, ensuring convenience and access to all amenities. This is not just a property; it's an invitation to a life of comfort, beauty, and endless possibilities. Don't miss out on this rare gem.
Property Details
Property Features
Property Information:
Year Built: 1981
Stories: 2
Living Area: 1,976 SqFt
Listing Office:
Office Name: RE FLORIDA HOMES
Office Phone: (954) 589-7099
Listing Agent: Joyce Wells
Interior Features
Interior Information:
Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Range, Washer
Directions: At the intersection of CR 484 and CR 475 go South on CR 475 turn left on S.E. 160th St. at the end turn left onto S, Magnolia Ave to 16110 on the right, deer on mailbox.
Price Information
Listing Price Info
Price Summary:
List Price: $1,599,000
Price Per SqFt: $809/SqFt
What can I afford?
Understand what home price range makes sense for your budget.
MLS Details
MLS Information:
MLS Name: MFRMLS
MLS Number: #G5074927
Listing Office:
Office Name: RE FLORIDA HOMES
Office Phone: (954) 589-7099
Listing Agent: Joyce Wells
Listings courtesy of Stellar MLS as distributed by MLS GRID.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/13/2024, 10:49:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,048
Per Month
Principal & Interest
$7,981
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$4,860
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Sunrise Elementary School
375 Marion Oaks Crse
Distance between this listing and this school3.79 miles
Public Magnet Grades PK-5
3
/10
Marion Oaks Elementary School
280 Marion Oaks Trl
Distance between this listing and this school4.65 miles
Public District Grades PK-5
5
/10
Belleview Elementary School
5556 SE County Highway 484
Distance between this listing and this school6.71 miles
Public District Grades PK-5
Nearby Schools
2
/10
Horizon Academy at Marion Oaks
365 Marion Oaks Dr
Distance between this listing and this school3.41 miles
Public Magnet Grades 6-8
4
/10
Belleview Middle School
10500 SE 36th Ave
Distance between this listing and this school6.41 miles
Public Magnet Grades 6-8
3
/10
Liberty Middle School
4773 SW 95th St
Distance between this listing and this school7.76 miles
Public District Grades 6-8
Nearby Schools
4
/10
Belleview High School
10400 SE 36th Ave
Distance between this listing and this school6.64 miles
Public Magnet Grades 9-12
9
/10
Villages Charter School
350 Tatonka Ter
Distance between this listing and this school8.07 miles
Public Charter Grades PK-12
1
/10
Sumter Preparatory Academy
200 Cleveland Ave
Distance between this listing and this school10.41 miles
The neighbors living near this home have an average income of $41,410. Most Marion County, FL residents have annual incomes between $35k-100k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 16110 S Magnolia Ave
What is the listing price of this property?
The listing price of 16110 S Magnolia Ave property is $1,599,000.
What type of property is this?
The property 16110 S Magnolia Ave is a house located in Summerfield, Florida, 34491.
Is this property for sale now?
Active Listing: 16110 S Magnolia Ave is For Sale (Active/New) which means the seller is accepting offers.
How many bedrooms and bathrooms does this property have?
The property at 16110 S Magnolia Ave has 4 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 16110 S Magnolia Ave is 1,976 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 16110 S Magnolia Ave is 1981.
This home is located at 16110 S Magnolia Ave in Summerfield, FL and zip code 34491. This 1,976 square foot home, which was built in 1981, sits on a 25.48 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 03, 2023 and is currently priced at $1,599,000.
In October 2024, from all listings sold in Marion County, FL there were more than 68 sold above asking price, over 355 sold below and more than 199 were sold right at the asked price. The number of homes for sale in Marion County, FL increased by 1.3% between September 2024 and October 2024. Listings spent 66 days on the market in October 2024, and had a median list price of $279,435 during the same period.
From Rocket Homes Real Estate and based on county public records data.