198 Magnolia DRIVE, Ormond Beach, FL, 32176 | $480,000

This home is the epitome of a beautiful HGTV makeover and is designed for easy living just ONE BLOCK from the beach!. The highlight of this home is the huge BRAND NEW KITCHEN with the latest colors and features, including travertine flooring. A very large sit-down island and cozy breakfast nook area allow for comfortable casual dining and get-togethers with friends and family. Sleek quartz and butcher block countertops, modern stainless steel appliances and ample storage seamlessly blend style with function. The two pristine bathrooms have been meticulously remodeled using the latest colors, tiles, sinks and upgraded brushed gold fixtures. The primary bath has a large, glass-enclosed shower while the hall bath has a new soaker tub, both featuring a rain head and hand held shower. The home’s original wood floors run throughout the main living area and bedrooms, adding a warmth that complements its modern upgrades. In addition to the two bedrooms, there is a flex room off the living area perfect for an office, library or exercise room. A noteworthy design detail is the opaque French door to this room as well as the bedrooms. The huge paver front porch gives the home a welcoming appeal. The fenced backyard with a large paver patio is a private tropical oasis creating a sense of seclusion and tranquility. The oversized one-car garage has space for your car and practical storage. Minutes to Bellair Shopping Plaza ( including Publix) and a myriad of other shopping choices and restaurants. Picture the ease of beachside living, where the ocean waves create a daily soundtrack and a quick stroll has you basking in the sun or dipping your toes in the ocean. Whether you’re entertaining, relaxing, or exploring, this home and its beachside location offers a truly idyllic lifestyle.

Features

  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 75 x 105
  • Laundry: In Garage
  • Style: Ranch
  • Year Built: 1953
  • Garage: 1-car Garage Door Opener
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,451
  • Acreage: 0.18
  • Lot Size: 75 x 105
  • Est. Taxes: $3,952
  • Lot Desc: City Lot, Landscaped, Sidewalk
  • View: Garden
  • Elem. School: Beachside Elementary School
  • Middle School: Ormond Beach Middle
  • High School: Seabreeze High School
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
  • MLS#: V4938295
  • Days on Market: 8 days
  • Website: https://www.raveis.com
    /prop/V4938295/198magnoliadrive_ormondbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/20/2024 1:47:08 PM)
Listing courtesy of ADAMS, CAMERON & CO., REALTORS   Phone: 386-258-5500

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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198 Magnolia DRIVE, Ormond Beach, FL, 32176

$480,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

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 $384,000 $384,000 $384,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $329 $329 $329
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,333 $2,333 $3,035
Total Monthly Payment $2,737 $2,737 $3,439

* 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.