tomo logo

$1,579,000

Beds
4
Baths
4.0
sq ft
2,697

1521 Magnolia Ave, Winter Park, FL 32789

1521 Magnolia Ave

WINTER PARK, FL 32789

  • 3 days on market
Nestled in the heart of Winter Park's prestigious "Tree Streets" neighborhood, this exquisite residence stands as a testament to refined living and architectural splendor. This four-bedroom, four-bathroom haven seamlessly blends sophistication with comfort. As you approach the property, you're greeted by manicured landscaping that hints at the paradise awaiting within. The paved driveway leads you to a home that has been thoughtfully updated, both inside and out, with recent paint refreshing its already striking appearance. Step inside, and you'll be captivated by the wide-plank, hand-carved engineered wood flooring that flows throughout, creating a sense of warmth and continuity. The interior is a symphony of elegant design, with extensive millwork adding character and depth to every room. The heart of this home is undoubtedly the kitchen—a culinary enthusiast's dream. Boasting a large island that opens to the living room, it's an entertainer's paradise. Quartz countertops gleam under carefully placed lighting, while the gas-fueled cooktop with a vent hood stands ready for gourmet creations. A wet bar between the kitchen and dining room adds a touch of sophistication, perfect for mixing cocktails or serving hors d'oeuvres. The living room is a space of tranquility and luxury, featuring an electric fireplace and offering breathtaking views of the backyard oasis. For the oenophiles, a built-in wine closet under the stairs provides the perfect storage for your prized vintages. This home's unique layout offers the convenience of two main-level suites and two second-level suites, ensuring privacy and comfort for all. Each bedroom is a retreat unto itself, with the primary bedroom offering a particularly sumptuous escape. Step outside, and you'll find yourself in a veritable Eden. The backyard is a masterpiece of landscape design, with mature plantings providing privacy and creating a lush, secluded atmosphere. The centerpiece is undoubtedly the pool, surrounded by paving that's as practical as it is beautiful. Whether you're hosting a soirée or enjoying a quiet morning coffee, this outdoor space is your personal slice of paradise. Located in the highly desirable Winter Park area, this home offers not just luxury within its walls, but a lifestyle to match. You're just a stone's throw from the Interlachen Country Club, perfect for golf enthusiasts, and a short drive from the Winter Park Station, offering convenient transportation options. Nature lovers will appreciate the proximity to Phelps Park, while everyday conveniences are easily accessible with a nearby Publix Super Market. This isn't just a house; it's a home that whispers of lazy Sunday mornings, of laughter-filled dinner parties, and of memories waiting to be made. It's more than a listing—it's an invitation to elevate your lifestyle in one of Winter Park's most coveted neighborhoods.

Details

Property type

Single Family Residence

Est. home value

$1,357,645

Lot size

6,847 sq ft

Price per sq ft

$586

Year built

2017

Annual property taxes

$16,575

HOA

No

Price History

09/25/2024
StellarMLS

StellarMLS #O6237936

Listed
$1,579,000
-1.25%
06/17/2024
StellarMLS

StellarMLS #O6214969

Removed
$1,599,000
-1.84%
06/14/2024
StellarMLS

StellarMLS #O6202790

Removed
$1,629,000
+1.88%

Schools & Community

Elementary school: 

Dommerich Elem

Middle school: 

Maitland Middle

High school: 

Winter Park High

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

$638,251
Asking price
$1,579,000
Closing costs (~8% of asking)
-$126,320
Est. remaining loan balance
-$814,429
Cash to seller
$638,251

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

Seller’s Loan History

Lender

South State Bank Na

Loan start date

March 2022

Original loan amount

$858,750

Est. remaining balance

$814,429

Interest rate

3.55%

Loan type

New Conventional, 29 year

Seller

John Madden and Patricia Madden

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: 09/28/2024 at 7:30 PM

Listing updated: 09/26/2024 at 5:17 PM

Listed by: Jorge Perez Gonzalez, TBRO REALTY LLC Phone #: (407) 403-4322

MLS: StellarMLS #O6237936

StellarMLS logo

Recently listed in WINTER PARK