tomo logo

$625,000

Beds
4
Baths
3.0
sq ft
2,904

1217 Magnolia Ave, Sanford, FL 32771

1217 Magnolia Ave

SANFORD, FL 32771

  • 4 days on market
    • Open house Jan 05
Introducing 1217 Magnolia Avenue! A remarkable Colonial Revival residence located in the highly desirable Sanford Historic District within Sanford's vibrant, lively downtown. Built-in 1923 by MS Wiggins, this residence was designed to enhance natural light. It showcases a significant number of windows throughout, ensuring each room feels bright and airy. The current owner's deep affection for this home is evident, having preserved its original features over the last 18 years, which highlights its lasting beauty and charm. . . . . The inviting brick front porch leads you inside, where a spacious living room awaits, with elegant hardwood floors, a cozy fireplace, and built-in shelving. The office, separated by the original 35-lite pocket door, is an ideal space for productivity. Adjacent to the office, the sunroom/studio provides a serene environment for quiet moments while enjoying views of the gardens through the many windows. . . . . The bright, sunny formal dining room features beautiful wood flooring and original built-ins. A convenient swinging door connects to the butler's pantry. It leads into the kitchen, equipped with custom wood cabinets, granite countertops, the original kitchen sink, two sizable pantries, a delightful breakfast nook, and a full bathroom. Imagine sipping your morning coffee while taking in views of the patio and gardens, accessible through both the sunroom and breakfast area. . . . . On the second floor, you'll find three ample-sized bedrooms, an additional full bathroom, and an attractive in-law suite featuring a sitting area, kitchen, full bath, and generous living space—perfect for guests or potential rental income. The private entrance to the apartment could also be restored as per the owner's preference, making this an option for additional income. . . . . The fully fenced yard ensures privacy and security, providing a welcoming and tranquil environment. The gardens are just waiting for you to enhance and make them your own. The laundry area, which is under air, and the workshop are conveniently placed within the one-car garage. This property presents incredible opportunities for customization. . . . As this exceptional home is also located in the Golf Cart District, you can easily hop on your golf cart and head downtown to explore all that Sanford has to offer, including restaurants, breweries, art galleries, shopping, and a variety of local events. . . . . Key points to note include: the roof was replaced in 2018, air conditioning was updated in 2018, the water heater was installed in 2022, the first floor electric panel replaced, and any plumbing updates were done in the kitchen and laundry areas as they were being updated. Additionally, a termite bond is in place, giving prospective buyers peace of mind. Sanford is conveniently located to shopping, the Sanford International Airport, the 417 and I-4 which will take you to the Theme Parks, Orlando International Airport and the beaches. . . . . This is an outstanding opportunity to own a fabulous home that truly captures the essence of the Sanford Historic District. Contact me for a showing today!

Details

Property type

Single Family Residence

Est. home value

$547,476

Lot size

7,020 sq ft

Price per sq ft

$216

Year built

1925

Annual property taxes

$1,983.07

HOA

No

Price History

01/01/2025
StellarMLS

StellarMLS #O6264301

Listed
$625,000
+127.27%
11/16/2007
StellarMLS

StellarMLS #O4722074

Sold
$275,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Millennium Middle

High school: 

Seminole High

Community features: 

Park, Playground, Sidewalks

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$411,843
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$163,157
Cash to seller
$411,843

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ditech.Com

Loan start date

November 2007

Original loan amount

$247,500

Est. remaining balance

$163,157

Interest rate

6.42%

Loan type

Not Provided, 30 year

Seller

Joyce Carol Qualls

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/05/2025 at 4:05 AM

Listing updated: 01/02/2025 at 1:45 PM

Listed by: Sherrie Wysong, LEGACY REALTY & BROKERS LLC Phone #: (407) 887-7779

MLS: StellarMLS #O6264301

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