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827 E Magnolia St E, Leesburg, FL, 34748

$59,000

Home List Price

$701*

Closing Credit

2 Bedrooms
1 Full Bath
740 SqFt
$80/SqFt
House

Location

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827 E Magnolia St E, Leesburg$59,000

Buyer Closing Credits

$701*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1950
HeatingOther
CoolingOther
MLS #O6226729
Lot Size0.17 Acres
StatusActive

About 827 E Magnolia St E

*PRICE REDUCTION*This property, set on a large lot 50 feet across and 148 feet wide and zoned R2 (Two-Family Residential), offers a blank slate for new construction. Currently, the property is a teardown the R2 zoning permits the construction of two-family homes, presenting a promising opportunity for developers or investors looking to capitalize on future growth. Please be careful while entering the house.

Property Details

Property Features

Property Information:

  • Year Built: 1950
  • Living Area: 740 SqFt

Listing Office:

  • Office Name: EQUITYPRO LLC
  • Office Phone: (407) 203-6860
  • Listing Agent: Melissa Osborne

Interior Features

Interior Information:

  • Appliances: None
  • Flooring Type: Other
  • Interior: Ninguno

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Other

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Other

School Info

Assigned Schools Information:

  • Leesburg High School, Public District Grades 9-12
  • Lake Virtual Franchise, Public District Grades 6-12
  • Oak Park Middle School, Public District Grades 6-8
  • Leesburg Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From 441 and Dixie Highway, go west on Dixie Highway to Lake Street. Go north on Lake Street to E. Magnolia, turn east, property will be on your right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $59,000
  • Price Per SqFt: $80/SqFt
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Housing Market Comparison

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

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Leesburg, FL

City

Med. Sold Price

$300K

Med. Price/SqFt

$180

Avg. Days On Market

56

# of Sold Homes

72

827 E Magnolia St E vs Leesburg

44 DAYS ON ROCKET

-12 Days

$59,000

-$241K Less

$80/SqFt

-$100 Less

KEY TAKEAWAY

This property is $241K less than the Median Sold Price and $100/SqFt less than other homes in Leesburg, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #O6226729

Listing Office:

  • Office Name: EQUITYPRO LLC
  • Office Phone: (407) 203-6860
  • Listing Agent: Melissa Osborne

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: 9/7/2024, 8:19:48 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

$362

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$243

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.

Elementary School

school-card-donut-1097721
3
/10

  • Leesburg Elementary School

  • 2229 South St

  • 2.13 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1097722
2
/10

  • Oak Park Middle School

  • 2101 South St

  • 1.96 miles

  • Public District Grades 6-8

High School

school-card-donut-1097723
2
/10

  • Leesburg High School

  • 1401 Yellow Jacket Way

  • 1.65 miles

  • Public District Grades 9-12

school-card-donut-1097724
4
/10

  • Lake Virtual Franchise

  • 201 W Burleigh Blvd

  • 8.24 miles

  • Public District Grades 6-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $19,427. The most common annual income of people living in Leesburg, FL is less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 827 E Magnolia St E

What is the listing price of this property?

The listing price of 827 E Magnolia St E property is $59,000.

What type of property is this?

The property 827 E Magnolia St E is a house located in Leesburg, Florida, 34748.

Is this property for sale now?

Active Listing: 827 E Magnolia St E is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 827 E Magnolia St E are:
Leesburg Elementary School: GreatSchools Rating 3/10
Oak Park Middle School: GreatSchools Rating 2/10
Leesburg High School: GreatSchools Rating 2/10
Lake Virtual Franchise: GreatSchools Rating 4/10

How many bedrooms and bathrooms does this property have?

The property at 827 E Magnolia St E has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 827 E Magnolia St E is 740 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 827 E Magnolia St E is 1950.

Rocket Homes›Florida›Lake County›Leesburg›34748›827 E Magnolia St E

This home is located at 827 E Magnolia St E in Leesburg, FL and zip code 34748 in the Heritage Estates neighborhood. This 740 square foot home, which was built in 1950, sits on a 0.17 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 25, 2024 and is currently priced at $59,000.

In August 2024, from all listings sold in Leesburg, FL there were more than 6 sold above asking price, over 52 sold below and more than 14 were sold right at the asked price. The inventory of homes for sale in Leesburg, FL between July 2024 and August 2024 increased by 5.5%. While the average time on the market in August 2024 was 56 days, the median list price was $300,000.

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

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