14 days on rocket

16391 S Magnolia Ave, Summerfield, FL, 34491

$489,900

Home List Price

$5,818*

Closing Credit

3 Bedrooms
2 Full Baths
1,494 SqFt
$328/SqFt
House

Location

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16391 S Magnolia Ave, Summerfield$489,900

Buyer Closing Credits

$5,818*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1993
HeatingElectric
CoolingCentral Air
MLS #OM688381
Lot Size3.00 Acres
StatusActive

About 16391 S Magnolia Ave

One or more photo(s) has been virtually staged, Explore this pristine 3-acre farm, fanced, This 3-bedroom, 2-bathroom block, featuring tiled floors throughout, perfect for life in the country, this marvelous house has been tastefully updated, contributing to the home's fresh and inviting atmosphere, complemented by a recent full interior paint job, fireplace, family room, living room, split floor plan, offering tranquil privacy, ideal for enjoying peaceful outdoor moments, screen area, workplace and several storage/ buildings and one specifically suited for a chicken coop, catering perfectly to your agricultural needs, this home balances charm with practicality. the property includes a 2-stall, ready for you horses, shed barn in the paddock for convenient feeding, and the pastures are ease dividable according to your preferences. Don't miss this exceptional opportunity—scheduling a showing today, allowing you to experience firsthand why this property is perfect for your lifestyle!

Property Details

Property Features

Property Information:

  • Year Built: 1993
  • Stories: 1
  • Living Area: 1,494 SqFt

Listing Office:

  • Office Name: OCALA REALTY WORLD LLC
  • Office Phone: (352) 789-6746
  • Listing Agent: ileana Ruiz

Interior Features

Interior Information:

  • Appliances: Convection Oven, Range, Refrigerator
  • Flooring Type: Tile
  • Interior: Eat-in Kitchen, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other, Storage

Virtual/3D Tour

  • Virtual Tour: 16391 S Magnolia Ave
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Lot Features

Lot Information:

  • Lot: Cleared, Farm, Paved
  • Lot Size: 3.00 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: S Hwy 475S/S Magnolia Ave go south, turn right onto SE 160th St, follow the road to property on the left

Price Information

Listing Price Info

Price Summary:

  • List Price: $489,900
  • Price Per SqFt: $328/SqFt

Tax Information:

  • Annual Amount: $1,934
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Summerfield, FL.

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Summerfield, FL

City

Med. Sold Price

$280K

Med. Price/SqFt

$187

Avg. Days On Market

70

# of Sold Homes

74

16391 S Magnolia Ave vs Summerfield

14 DAYS ON ROCKET

-56 Days

$489,900

+$209.9K More

$328/SqFt

+$141 More

KEY TAKEAWAY

This property is $209.9K more than the Median Sold Price and $141/SqFt more than other homes in Summerfield, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #OM688381

Listing Office:

  • Office Name: OCALA REALTY WORLD LLC
  • Office Phone: (352) 789-6746
  • Listing Agent: ileana Ruiz

IDX 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.

IDX 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: 11/15/2024, 7:19:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 18, 2019Home Sold
$224,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,934$138,288
2018$1,247$97,887
2017$1,189$95,874

History based on county public records data.

Payment Calculator

$2,513

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,535

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.

Nearby Schools

school-card-donut-550368
4
/10

  • Sunrise Elementary School

  • 375 Marion Oaks Crse

  • 4.02 miles

  • Public Magnet Grades PK-5

school-card-donut-550369
3
/10

  • Marion Oaks Elementary School

  • 280 Marion Oaks Trl

  • 4.93 miles

  • Public District Grades PK-5

school-card-donut-550370
5
/10

  • Belleview Elementary School

  • 5556 SE County Highway 484

  • 6.81 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,410. The majority of Summerfield, FL residents have income between $35k-100k annually. Typical family type is 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 16391 S Magnolia Ave

What is the listing price of this property?

The listing price of 16391 S Magnolia Ave property is $489,900.

What type of property is this?

The property 16391 S Magnolia Ave is a house located in Summerfield, Florida, 34491.

Is this property for sale now?

Active Listing: 16391 S Magnolia Ave is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,934 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on July 18, 2019 for $224,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 16391 S Magnolia Ave has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 16391 S Magnolia Ave is 1,494 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 16391 S Magnolia Ave is 1993.

Rocket Homes›Florida›Marion County›Summerfield›34491›16391 S Magnolia Ave

This home is located at 16391 S Magnolia Ave in Summerfield, FL and zip code 34491 in the Foxborough Farms neighborhood. This 1,494 square foot home, which was built in 1993, sits on a 3.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $489,900.

Summerfield, FL housing market in October 2024 saw over 7 listings sold above listed price, more than 17 sold at listed price and over 50 sold below. In October 2024 in Summerfield, FL there were 4.4% more homes for sale than in September 2024. In October 2024, listings were on the market for 70 days. During the same period, the median list price in this real estate market was $280,000.

From Rocket Homes Real Estate and based on county public records data.

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