314 E Magnolia Street E

    Arcadia, FL 34266
    • $89,388
    • STATUS: Active
    • ON SITE: 80 days
    • MLS #: A4436958
    UPDATED: 5 min ago
    $89,388
    • 3
      BEDS
    • 0.82
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 3,274
      SQFT
    • $27
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    1938
    County:
    Area:

    School Information

    Elementary School:
    Middle School:

    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.

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    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-08-17T17:40:25.81.
    www.movetosarasotafl.com/homes/95244485

    314 E Magnolia Street E Arcadia, FL 34266

    • Price: $89,388
    • Status: Active
    • Updated: 5 min ago
    • MLS #: A4436958
    3
    Beds
    2
    Baths
    0
    ½ Baths
    0.82
    Acres
    3,274
    SQFT
    $27
    $/SQFT
    1938
    Built
    Neighborhood:
    Original Surv/Arcadia
    County:
    Desoto
    Area:
    Arcadia
    Elementary School:
    Memorial Elementary School
    Middle School:
    Desoto Middle School
    High School:
    Desoto County High School
    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.
    Exterior Features

    Architectural Style Traditional Carport Yn No Construction Materials SidingWood FrameWood Siding Direction Faces North Exterior Features Sidewalk Foundation Details Crawlspace Lot Features Corner Lot Parking Features Off Street Patio And Porch Features CoveredFront Porch Pool Private Yn No Roof Shingle Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Interior Features

    Accessibility Features Accessible BedroomAccessible Doors Additional Rooms Family RoomFormal Living Room Separate Appliances RangeRefrigeratorWasher Cooling None Fireplace Features Wood Burning Fireplace Yn Yes Flooring Linoleum Heating None Interior Features Eating Space In Kitchen Laundry Features Outside Levels Two Room Count 6 Rooms Master Bedroom (First 12x10) Kitchen (12x8) Living Room (12x16) Sewer Public Sewer Stories Total 2 Water Source Public

    Property Features

    Additional Parcels Yn No Association Approval Required Yn No Association Yn No Available For Lease Yn Yes Cdd Yn No Disclosures Lead PaintSeller Property Disclosure DPR Yes Flood Zone Code X Garage Yn No Homestead Yn Yes Listing Terms Cash Minimum Lease No Minimum New Construction Yn No Property Description Corner Unit Property Sub Type Single Family Residence Senior Community Yn No Special Listing Conditions None Tax Annual Amount 550 Tax Year 2018 Utilities Cable AvailableElectricity Connected Yrs Of Owner Prior To Leasing Re No Zoning R-1C


    Listing information © 2019 My Florida Regional MLS DBA Stellar MLS..
    Listing provided courtesy of Century 21 Schmidt Real Estate.



    © 2019 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2019-08-17T17:40:25.81.
     
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