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408 E Magnolia Dr, Tallahassee, FL, 32301

$122,500

Home List Price

$1,455*

Closing Credit

4 Bedrooms
2 Full Baths
1,196 SqFt
$102/SqFt
House

Location

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408 E Magnolia Dr, Tallahassee$122,500

Buyer Closing Credits

$1,455*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway
Year Built1940
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s), Electric
ViewNone
MLS #376419
Lot Size0.16 Acres
StatusActive

About 408 E Magnolia Dr

Welcome to 408 E Magnolia, a well maintained 4-bedroom, 2-bath residence nestled in the heart of Tallahassee. This inviting property makes it the perfect place for families or investors looking to enjoy the vibrant lifestyle of Florida's capital. With its prime location, it's less than a mile from FAMU and just 2 miles from FSU, making it an ideal spot for families with kids attending these schools. Plus, the seller is highly motivated, so don't miss out on this fantastic opportunity! Buyer to verify dimensions. Back on Market due to buyer financing falling through.

Property Details

Property Features

Property Information:

  • Architectural Style: CapeCod
  • Year Built: 1940
  • Living Area: 1,196 SqFt

Listing Office:

  • Office Name: Keller Williams Town & Country
  • Office Phone: (850) 201-4663

Interior Features

Interior Information:

  • Appliances: Dryer, Refrigerator, Washer
  • Flooring Type: Hardwood, Tile

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • View: None

Parking Information:

  • Attached Garage: No
  • Parking: Driveway

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s), Electric

Other

Directions Information:

  • Directions: South on Monroe, Left on Magnolia , House on left

Price Information

Listing Price Info

Price Summary:

  • List Price: $122,500
  • Price Per SqFt: $102/SqFt

Tax Information:

  • Annual Amount: $1,537
  • Tax Year: 2020
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Housing Market Comparison

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

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Tallahassee, FL

City

Med. Sold Price

$300K

Med. Price/SqFt

$195

Avg. Days On Market

59

# of Sold Homes

180

408 E Magnolia Dr vs Tallahassee

40 DAYS ON ROCKET

-19 Days

$122,500

-$177.5K Less

$102/SqFt

-$94 Less

KEY TAKEAWAY

This property is $177.5K less than the Median Sold Price and $94/SqFt less than other homes in Tallahassee, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Tallahassee
  • MLS Number: #376419

Listing Office:

  • Office Name: Keller Williams Town & Country
  • Office Phone: (850) 201-4663

© 2024 Tallahassee Board of REALTORS®, Inc. All rights reserved.

The data relating to real estate on this web site comes in part from the IDX Program of the Tallahassee Board of REALTORS®, Inc. Information herein is believed to be accurate and timely, but no warranty as such is expressed or implied. The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. The broker providing this data believes it to be correct, but advises interested parties to confirm information before relying on it for a purchase decision.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 5:16:05 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

Sep 04, 2018Home Sold
$85,000
Sep 01, 2006Home Sold
$70,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,537$81,299
2019$1,458$76,286
2018$1,210$63,890
2017$1,104$56,553

History based on county public records data.

Payment Calculator

$679

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$434

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NMLS#3030

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-1037117
7
/10

  • Bond Elementary School

  • 2204 Saxon St

  • 0.97 miles

  • Public District Grades PK-5

school-card-donut-1037118
3
/10

  • Hartsfield Elementary School

  • 1414 Chowkeebin Nene

  • 1.49 miles

  • Public District Grades PK-5

school-card-donut-1037119
5
/10

  • Pineview Elementary School

  • 2230 Lake Bradford Rd

  • 1.54 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 $12,130. Typical income of Tallahassee, FL residents is less than $35k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 408 E Magnolia Dr

What is the listing price of this property?

The listing price of 408 E Magnolia Dr property is $122,500.

What type of property is this?

The property 408 E Magnolia Dr is a house located in Tallahassee, Florida, 32301.

Is this property for sale now?

Active Listing: 408 E Magnolia Dr 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 $1,537 (source: MLS/based on county public records data).

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

The last sale was on September 4, 2018 for $85,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 408 E Magnolia Dr has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 408 E Magnolia Dr is 1,196 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 408 E Magnolia Dr is 1940.

Rocket Homes›Florida›Leon County›Tallahassee›32301›408 E Magnolia Dr

This home is located at 408 E Magnolia Dr in Tallahassee, FL and zip code 32301 in the Myers Park neighborhood. This 1,196 square foot home, which was built in 1940, sits on a 0.16 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 12, 2024 and is currently priced at $122,500.

While more than 34 listings in Tallahassee, FL in November 2024 were sold above asking price, there were more than 42 listings sold at asking price, and more than 104 were sold below. The inventory of homes for sale in Tallahassee, FL between October 2024 and November 2024 increased by 6.9%. The median list price of listings available in November 2024 was $300,089, while the average time on the real estate market was 59 days.

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

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