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$449,900

Beds
2
Baths
2.0
sq ft
1,584

1265 Magnolia Dr, Clearwater, FL 33756

1265 Magnolia Dr

CLEARWATER, FL 33756

  • 61 days on market
    • Price drop $10,100↓
One or more photo(s) has been virtually staged. Imagine coming home to your own tropical sanctuary, where the stress of the day melts away as you step into a world of tranquility. Nestled in a peaceful Clearwater community, just minutes from the beach, this charming, beach-inspired retreat sits on a spacious 0.22-acre lot and boasts 2 bedrooms, a versatile bonus room (perfect for a 3rd bedroom), 2 beautifully updated bathrooms, and an inviting open floor plan. From the moment you arrive, the home’s impeccable curb appeal, lush tropical landscaping, and thoughtful upgrades will instantly make you feel at home. Step inside and embrace the relaxed, beachy vibe. The light and bright living room features new vinyl flooring that flows seamlessly into the adjacent kitchen, creating an open and cohesive space for entertaining or everyday living. The updated kitchen, with its built-in pantry, flows effortlessly into the dining area, flexible bonus room, and the second updated full bathroom—making it the ideal space for family gatherings or quiet evenings at home. The primary bedroom offers privacy with its pocket door leading to the updated en-suite bathroom, while the second bedroom, located on the opposite side of the bathroom, provides the perfect retreat for guests or family members to unwind in comfort. Venture outside to your private, tropical backyard, where the large covered patio and extended concrete space provide endless possibilities for entertaining. Imagine hosting backyard barbecues, relaxing under the stars, or gathering around the cozy pole barn for evening campfires. The fully fenced yard ensures privacy, while the two-car garage and additional parking offer plenty of convenience for you and your guests. One of the standout features of this home is the energy-saving solar panels, reducing your electric bill to an incredible $35 per month. The property also benefits from reclaimed water, providing further monthly savings on irrigation costs while supporting sustainable water use. Additional upgrades include: GAF Shingle Roof replaced in 2013 and a flat roof replaced in 2016; 2019 AC unit with a newer Solaris whole-house air purifier; Brand new ductwork; 2023 Hot water heater; updated electrical system; A recent moisture barrier installed in the attic for added protection; Updated double-pane windows for enhanced energy efficiency; Vivint smart home security system; Freshly painted interiors along with updated kitchen, flooring, and bathrooms. One of the biggest advantages of this property is its high and dry location, safely away from the storm surge zone while still just a short drive to the beach. It’s the perfect spot to enjoy coastal living without the risks. For outdoor enthusiasts, the Magnolia Fishing Pier, just 1.5 miles away, provides a tranquil spot to relax, fish, and soak up the Florida sunshine. Additionally, Clearwater Beach is less than 4 miles away, offering easy access to vibrant dining, entertainment, and sunny outdoor activities. The Pinellas Trail, just minutes away, is ideal for biking or jogging through scenic Florida landscapes. With its close proximity to the beach, major upgrades, energy savings, and the location, this home is perfect for full-time living, a vacation retreat, or a LUCRATIVE INVESTMENT PROPERTY.

Details

Property type

Single Family Residence

Est. home value

$439,108

Lot size

9,753 sq ft

Price per sq ft

$285

Year built

1960

Annual property taxes

$3,562.69

HOA

No

Price History

11/12/2024
StellarMLS

StellarMLS #TB8313405

Price change
$449,900
-2.2%
10/23/2024
StellarMLS

StellarMLS #TB8313405

Listed
$460,000
+80.39%
10/28/2019
StellarMLS

StellarMLS #U8056981

Sold
$255,000
+62.73%

Schools & Community

Elementary school: 

Belleair Elementary-PN

Middle school: 

Oak Grove Middle-PN

High school: 

Clearwater High-PN

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

$178,944
Asking price
$449,900
Closing costs (~8% of asking)
-$35,992
Est. remaining loan balance
-$234,964
Cash to seller
$178,944

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

Seller’s Loan History

Lender

Synovus Bank

Loan start date

December 2020

Original loan amount

$258,300

Est. remaining balance

$234,964

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

John E Massoud

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: 12/23/2024 at 1:50 AM

Listing updated: 12/17/2024 at 1:00 PM

Listed by: Judy Soule, RE/MAX ALLIANCE GROUP Phone #: (813) 602-1000

MLS: StellarMLS #TB8313405

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