Arcadia, FL 34266,314 E MAGNOLIA ST E
Arcadia, FL 34266,314 E MAGNOLIA ST E
Arcadia, FL 34266,314 E MAGNOLIA ST E
Arcadia, FL 34266,314 E MAGNOLIA ST E
Arcadia, FL 34266,314 E MAGNOLIA ST E
Arcadia, FL 34266,314 E MAGNOLIA ST E
See all 32 photos

$40,000

$89,388

55.3%
Est.Price: ?

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Est. payment /mo

3 Beds

2 Baths

3,274 SqFt


SOLD DATE : 10/01/2019

Key Details

Sold Price $40,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 3,274 sqft

Price per Sqft $12

Subdivision Original Surv/Arcadia

MLS Listing ID A4436958

Sold Date 10/01/19

Bedrooms 3

Full Baths 2

Construction Status Inspections

HOA Y/N No

Year Built 1938

Annual Tax Amount $550

Lot Size 0.820 Acres

Acres 0.82

Property Description

Unique opportunity! Original 1938 home + 5 contiguous lots in downtown historical district of Arcadia. Home is in disrepair. There's visible issues w/water entry from roof damage in 2 rooms. There's termite damage present but confined to the softwood furniture and not the hardwood structure itself. The photos here indicate the current condition. There's much that will need to be removed before repair can commence but the structural integrity of the main floor plan under the two story portion including the attic fan and crawlspaces has minor to minimal damage. The side rooms away from the center structure are where the water damage exists. Previous owner left it in deteriorating condition but there's much evidence this home can be restored to livable condition with considerable work. The historical status district rules dictate the home cannot be removed and replaced with another type of structure. However, deed indicates that the other 5 lots can be subdivided and built upon separately. Interested buyers advised to contact the city on what this would entail. The home was built for Eugene Wey the cities original physician and his family. They and his son Jacob Wey the cities first pharmacist resided there until ownership passed to his sons Richard and Robert. Robert's heirs estate have offered it for sale and hope to see it restored to its former granduer. Home is available to be shown but only by licensed buyer representative or listing agents. Please call to arrange viewings.

Location

State FL

County Desoto

Community Original Surv/Arcadia

Zoning R-1C

Direction E

Rooms

Other Rooms Family Room, Formal Living Room Separate

Interior

Interior Features Eat-in Kitchen

Heating None

Cooling None

Flooring Linoleum

Fireplaces Type Wood Burning

Fireplace true

Appliance Range, Refrigerator, Washer

Laundry Outside

Exterior

Exterior Feature Sidewalk

Parking Features Off Street

Utilities Available Cable Available, Electricity Connected

Roof Type Shingle

Porch Covered, Front Porch

Garage false

Private Pool No

Building

Lot Description Corner Lot

Story 2

Entry Level Two

Foundation Crawlspace

Lot Size Range 1/2 Acre to 1 Acre

Sewer Public Sewer

Water Public

Architectural Style Traditional

Structure Type Siding,Wood Frame,Wood Siding

New Construction false

Construction Status Inspections

Schools

Elementary Schools Memorial Elementary School

Middle Schools Desoto Middle School

High Schools Desoto County High School

Others

Senior Community No

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition None

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Stellar MLS
Listed by CENTURY 21 SCHMIDT REAL ESTATE
Bought with CENTURY 21 AZTEC & ASSOCIATES
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8291 Championsgate Blvd, Championsgate, FL, 33896, United States

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