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!
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | $165 | $165 | $165 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,327 | $3,327 | $4,253 |
Total Monthly Payment | $3,584 | $3,584 | $4,510 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.