725 Magnolia Ave, Inverness, FL, 34452

Location

Get An Agent. Get A Mortgage.

Let Us Help You Buy A Home And Save BIG

Save BIG.

725 Magnolia Ave, Inverness$179,000

Buyer Closing Credits

$2,126^*

1.25% Loan Amount

Sell Your Home And Save More

Connect With An Agent

Still Have Questions? Contact Us.

1 (855) 200-2001

Property Highlights

Home TypeSingle Family Residence

ParkingConcrete, Attached, Driveway, Garage

Attached Garage2 spaces

Year Built1986

HeatingHeat Pump

CoolingCentral Air

MLS #837199

Lot Size0.22 Acres

StatusActive

About 725 Magnolia Ave

Take a look at this 2-Bedroom, 2-Bath Home in the City of Inverness. This cozy home offers the convenience of city water and a well-designed layout, great for those looking for comfort and easy living. Step inside to an open living space, complemented by two spacious bedrooms and two full bathrooms. The kitchen offers plenty of cabinet space and a functional layout, just right for preparing meals and entertaining guests. The property also features a large yard, nice for outdoor activities or gardening projects, a very nice storage shed and is located just minutes from downtown Inverness, where you can enjoy local shopping, dining, and recreational opportunities. Enjoy the warm and sunny Florida weather all year long.

View More

Property Details

Property Features

Property Information:

• Architectural Style: OneStory
• Year Built: 1986
• Stories: 1
• Living Area: 1,227 SqFt

Listing Office:

• Office Name: Century 21 J.W.Morton R.E.
• Office Phone: (352) 726-6668

Interior Features

Interior Information:

• Appliances: Refrigerator, Water Heater
• Flooring Type: Linoleum

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 2

Exterior Features

Parking Information:

• Garage Space: 2 spaces
• Attached Garage: Yes
• Parking: Concrete, Attached, Driveway, Garage

Lot Features

Lot Information:

• Lot Size: 0.22 Acres

Utilities

Utilities Information:

• Heating: Heat Pump
• Cooling: Central Air

Other

Directions Information:

• Directions: From US 41/W Main St. turn onto S Apopka Ave. Turn right onto Peony St. Turn left onto Magnolia Ave. The home is on the right.

Price Information

Listing Price Info

Price Summary:

• List Price: $179,000
• Price Per SqFt: $146/SqFt

Tax Information:

• Annual Amount: $1,082
• Tax Year: 2020

What can I afford?

Understand what home price range makes sense for your budget.

See What I Can Afford

Housing Market Comparison

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

Inverness, FL

City

Med. Sold Price

$250K

Med. Price/SqFt

$181

Avg. Days On Market

69

# of Sold Homes

60

725 Magnolia Ave vs Inverness

13 DAYS ON ROCKET

-56 Days

$179,000

-$71K Less

$146/SqFt

-$35 Less

KEY TAKEAWAY

This property is $71K less than the Median Sold Price and $35/SqFt less than other homes in Inverness, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Name: CitrusCounty
• MLS Number: #837199

Listing Office:

• Office Name: Century 21 J.W.Morton R.E.
• Office Phone: (352) 726-6668

Information is provided by Realtors® Association of Citrus County, Inc. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Listing(s) information is provided exclusively 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. Copyright © 2024 Realtors® Association of Citrus County, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/4/2024, 8:15:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

View More

Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Sep 09, 1999	Sep 09, 1999Home Sold	$61,500
Apr 28, 1998	Apr 28, 1998Home Sold	$55,000

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$1,082	$93,170
2019	$945	$71,259
2018	$824	$71,173
2017	$824	$61,044

History based on county public records data.

Payment Calculator

Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.

$961

Per Month

Principal & Interest

$894

Home Price

Home PriceThe dollar amount you pay for the home.

$

Interest Rate

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 Payment

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.

$Down PaymentPercent%

Loan Term

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.

30 year25 year20 year15 year10 year

Property Taxes

$0

Annual Cost

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

Monthly Premium

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

Monthly Premium

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

Monthly Fees

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

Monthly Cost

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

*Disclosures

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$603

See More Options

Connect With A Banker

Powered By

Advertisement

NMLS#3030

**Disclosures

Rocket Homes›Florida›Citrus County›Inverness›34452›725 Magnolia Ave

This home is located at 725 Magnolia Ave in Inverness, FL and zip code 34452. This 1,227 square foot home, which was built in 1986, sits on a 0.22 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 21, 2024 and is currently priced at $179,000.

Over 11 listings were sold over their listed price in November 2024 in Inverness, FL. In the same period over 34 listings were sold below the listed price and 15 listings were sold for the listed price. The number of homes for sale in Inverness, FL increased by 4.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 69 days, the median list price was $250,000.

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