4 months on rocket

7137 S Magnolia Ave, Ocala, FL, 34476

$2,400,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
5 Full Baths, 1 Partial
5,685 SqFt
$422/SqFt
House

Location

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7137 S Magnolia Ave, Ocala$2,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Faces Rear
Attached Garage4 spaces
Year Built2000
HeatingCentral
CoolingCentral Air
FireplaceGas, Living Room
ViewPark, Trees/Woods
Private PoolYes
MLS #OM683327
Lot Size8.12 Acres
StatusActive

About 7137 S Magnolia Ave

Not one but two houses in a peaceful area. This elegant estate sits on just over 8 acres of bliss, nestled amidst other thriving farms! Located off 475 minutes to Florida Horse Park, Nearby Riding Trails and Minutes to Downtown Ocala for restaurants, medical and shopping options and the world-renowned World Equestrian Center can be reached in less than 20 minutes! The cape cod style home is an immediate eye-catcher and fully customized. Welcoming you in, the main home offers a total of 4-bedrooms and 3-baths with 3423 living sq.ft. of space. The interiors showcase abundant natural light, soaring cathedral ceilings, and stunning views of the outdoors throughout the home. A recently updated kitchen with quartz counters, new appliances, Roof 2023. Home features a gas fireplace in the living room, formal dining area, a separate sitting room to use as a flex space how you see fit, eat in kitchen - amazing porches to enjoy the views throughout. The second home offers 4 BR/2 BA parallels the magnificence of the main home and features 2262 living square feet of open concept to include a pool, a garage, and an executive office. This home would beautifully accommodate your extended family, guests, or tenant. Featuring an upgraded kitchen with quartz counters, master suite provides a spa like feel with the newly remodeled master bathroom. Things you'll enjoy there include separate sitting room/flex space to utilize as you see fit. Roof 2021 & New UV light for water purification. Outdoors is completely fenced with a 2-stall barn, tack room, feed area, storage, and/or workshop. Both homes have brand new water softeners. This is the opportunity of a lifetime to live in one of the most desired areas of Ocala close to everything and yet private and tranquil. Each corner of this exquisite abode is designed to provide comfort, style, and a tranquil escape from the outside world. Experience the ultimate blend of serenity, luxury, and natural beauty. Make this exceptional property your own and live a life of tranquility and indulgence.

Property Details

Property Features

Property Information:

  • Architectural Style: Cape Cod, Florida
  • Year Built: 2000
  • Stories: 1
  • Living Area: 5,685 SqFt

Listing Office:

  • Office Name: GOLDEN OCALA REAL ESTATE INC
  • Office Phone: (352) 369-6969
  • Listing Agent: Tasha Osbourne

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Laminate, Tile, Wood
  • Interior: Cathedral Ceiling(s), Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Fireplace: Gas, Living Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Park, Trees/Woods
  • Exterior: Irrigation System, Private Mailbox, Sliding Doors, Storage

Parking Information:

  • Garage Space: 4 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Faces Rear

Virtual/3D Tour

  • Virtual Tour: 7137 S Magnolia Ave
Virtual Tour

Lot Features

Lot Information:

  • Lot: Farm, Level, Pasture, Paved
  • Lot Size: 8.12 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Continue onto S Magnolia Ave/St 475, Turn Left to aprox. end of road to see both homes on the right hand side.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,400,000
  • Price Per SqFt: $422/SqFt

Tax Information:

  • Annual Amount: $3,651
  • Tax Year: 2020
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Housing Market Comparison

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

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Ocala, FL

City

Med. Sold Price

$284.2K

Med. Price/SqFt

$174

Avg. Days On Market

65

# of Sold Homes

451

7137 S Magnolia Ave vs Ocala

133 DAYS ON ROCKET

+68 Days

$2,400,000

+$2.1M More

$422/SqFt

+$248 More

KEY TAKEAWAY

This property is $2.1M more than the Median Sold Price and $248/SqFt more than other homes in Ocala, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #OM683327

Listing Office:

  • Office Name: GOLDEN OCALA REAL ESTATE INC
  • Office Phone: (352) 369-6969
  • Listing Agent: Tasha Osbourne

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: 12/18/2024, 7:19:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$3,651$242,878
2018$3,408$233,074
2017$3,303$228,338

History based on county public records data.

Payment Calculator

$12K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$7,262

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-4439113
6
/10

  • Shady Hill Elementary School

  • 5959 S Magnolia Ave

  • 0.89 miles

  • Public District Grades PK-5

school-card-donut-4439114
4
/10

  • South Ocala Elementary School

  • 1430 SE 24th Rd

  • 3.23 miles

  • Public District Grades PK-5

school-card-donut-4439115
3
/10

  • Legacy Elementary School

  • 8496 Juniper Rd

  • 3.56 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 $63,824. Most Ocala, FL residents have annual incomes less than $35k. Residents typically live in married, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Living In Ocala, FL

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

What are the common housing types in Ocala, FL?

Ocala's housing market is diverse, offering a range of options from quaint single-family homes to modern apartments and spacious townhouses. The architectural styles reflect a blend of traditional and contemporary designs, with a significant portion of homes built in the late 20th century. The area has a strong homeownership rate, with a substantial majority of residents owning their homes, while the remainder of the population opts for renting.

What are the advantages of living in Ocala, FL?

Ocala prides itself on its equestrian heritage and is celebrated for its lush landscapes and serene environment. The community's character is shaped by its commitment to preserving natural beauty and fostering a close-knit atmosphere. Annual events, such as the Ocala Horse Properties Winter Eventing Series, highlight the city's passion for horseback riding and outdoor activities, reflecting the unique lifestyle cherished by its residents.

Are essential services in Ocala, FL convenient?

The city is served by a robust educational system, including a number of public and private schools that cater to various educational needs, with specialized programs available. Healthcare services are comprehensive, with facilities offering urgent care, primary care, and specialized treatments. The public library system is well-established, providing resources and programs for all ages. Retail and dining options abound, offering a taste of local flavors and culture, with city initiatives in place to adapt services to the evolving needs of the community.

How do Ocala, FL residents get around?

Ocala's transportation infrastructure supports both private and public transit options, with a bus system that operates on a set schedule, facilitating movement around the city. Ride-sharing services are readily available, complementing the public transit system. The community's walkability varies by area, with certain neighborhoods being more pedestrian-friendly. The road network includes key highways that ease commuting and travel, with ongoing plans to improve transport efficiency and accessibility for residents.

Frequently Asked Questions About 7137 S Magnolia Ave

What is the listing price of this property?

The listing price of 7137 S Magnolia Ave property is $2,400,000.

What type of property is this?

The property 7137 S Magnolia Ave is a house located in Ocala, Florida, 34476.

Is this property for sale now?

Active Listing: 7137 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 $3,651 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7137 S Magnolia Ave has 8 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 7137 S Magnolia Ave is 5,685 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7137 S Magnolia Ave is 2000.

Rocket Homes›Florida›Marion County›Ocala›34476›7137 S Magnolia Ave

This home is located at 7137 S Magnolia Ave in Ocala, FL and zip code 34476. This 5,685 square foot home, which was built in 2000, sits on a 8.12 acre lot. Features: 8 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since August 06, 2024 and is currently priced at $2,400,000.

While more than 49 listings in Ocala, FL in November 2024 were sold above asking price, there were more than 146 listings sold at asking price, and more than 256 were sold below. The number of listings in Ocala, FL increased by 1.2% between October 2024 and November 2024. While the average time on the market in November 2024 was 65 days, the median list price was $284,242.

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

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