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5118 MAGNOLIA TERRACE, Fruitland Park, FL, 34731

3beds
2baths
1,592sqft
$310,000
$195price/sqft
$2,356/moest. monthly cost
$94,240/yrincome needed

About This Home

This 3-bedroom, 2-bath split-plan home sits on over a half-acre and offers the perfect combination of comfort, style, and space. Recent IMPROVEMENTS include a NEW HVAC system (2026) and a ROOF REPLACED IN 2021 for added peace of mind. MOST OF HOME FRESHLY PAINTED. The updated kitchen features Cambria quartz countertops, solid wood cabinetry, stainless steel appliances, and a designer tile backsplash. Both bathrooms have been tastefully updated, and energy-efficient double-pane windows are installed throughout the home, including the enclosed lanai. Step outside to a spacious, fully fenced backyard with plenty of room for entertaining, pets, or future additions. Conveniently located near shopping, dining, and everyday amenities, this home is ready for its new owners. Schedule your private showing today!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Schools

3/10
Carver Middle SchoolGrades 6-82.6 mi
2/10
Leesburg High SchoolGrades 9-123.7 mi

Construction

Condition

  • Property condition: Completed
  • Year built: 1980

Materials

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Contemporary
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Range,Refrigerator
  • Laundry features: In Garage

Balcony Porch Lanai

  • Level: First
  • Area: 156
  • Dimensions: 13x12

Bedroom2

  • Features: Built-in Closet
  • Level: First
  • Area: 130
  • Dimensions: 13x10

Bedroom3

  • Features: Built-in Closet
  • Level: First
  • Area: 120
  • Dimensions: 12x10

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2

Dining Room

  • Level: First
  • Area: 100
  • Dimensions: 10x10

Features

  • Ceiling Fan(s),Eating Space In Kitchen,Primary Bedroom Main Floor,Split Bedroom,Stone Counters
  • Flooring: Carpet,Ceramic Tile
  • Fireplace features: Living Room,Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,646
  • Total interior livable area: 1,592 sqft

Kitchen

  • Features: Pantry
  • Level: First
  • Area: 130
  • Dimensions: 13x10

Living Room

  • Level: First
  • Area: 400
  • Dimensions: 25x16

Primary Bathroom

  • Features: Stone Counters,Built-in Closet
  • Level: First
  • Area: 36
  • Dimensions: 9x4

Primary Bedroom

  • Features: Dual Closets
  • Level: First
  • Area: 192
  • Dimensions: 16x12

Property

Details

  • Parcel number: 011924015000000300
  • Attached to another structure: Yes
  • Zoning: R-3
  • Special condition: None

Features

  • Levels: One
  • Stories: 1
  • Patio & porch: Enclosed,Rear Porch
  • Exterior features: Other
  • Has view: Yes
  • View description: Trees/Woods
  • Residential vegetation: Mature Landscaping,Trees/Landscaped

Lot

  • Lot size: 0.50 Acres
  • Features: Landscaped,Level,Oversized Lot
  • Lot size dimensions: 117 x 174

Parking

  • Total spaces: 2
  • Parking features: Oversized
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Hurricane
    HurricaneModerate
  • Inland Flooding
    Inland FloodingModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Strong Wind
Tornado
Hurricane
Inland Flooding
Wildfire

FEMA Declared Disasters in Lake County and Florida

Coastal Storm
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,567$18,804
Home Insurance *$214$2,568
Property Taxes $378$4,536
Electricity $197$2,366
Total$2,356$28,272
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$80,777/yr
40% on housing$70,680/yr
45% on housing$62,826/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 14.9%
14.9%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$195This listing

vs Other Active Listings

Avg $/sqft

ZIP 34731$110
Lake County$157

vs Homes Sold Last Month

Median $/sqft

ZIP 34731$170
Lake County$206

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-24Listed for sale$310,000
2019-02-04Sold$193,000
2018-12-21Pending sale$199,900
2018-10-18Price change$199,900
2018-09-28Listed for sale$209,000
2013-03-14Sold$83,600

For Sale by Agent

AgentJo Leen Howe
BrokerageMORRIS REALTY AND INVESTMENTS

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