Seller's Agent in 2024
Karen Greco
GRECO REAL ESTATE
(941) 504-6927
23 in this area
110 Total Sales
1859 Magnolia St Sarasota, FL 34239
Southside NeighborhoodEstimated Value: $2,214,000 - $2,441,000
4
Beds
4
Baths
3,220
Sq Ft
$724/Sq Ft
Est. Value
Highlights
- Screened Pool
- New Construction
- Open Floorplan
- Southside Elementary School Rated A
- Custom Home
- Wood Flooring
About This Home
As of August 2024Brand New from Sarasota’s premier custom home builder Allegra Homes, the 2-story “Palonia Modern” design is beautiful and innovative, and has been passionately created for a luxurious lifestyle throughout its 3220 square feet of stunning interiors and dynamic amenities. Located West of the Trail near Southside Village and Siesta Key Beach, this 4-bedroom, 4-bath home is fresh and exciting both inside and out. The curb appeal is eye-catching with its clean lines and unique modern style. The interior’s open living layout features soaring 16 ft. ceilings with stunning detail in both the foyer and the great room. A chic island kitchen has been thoughtfully planned with 42” Sub-Zero side-by-side refrigerator, 24” Sub-Zero wine cooler, 36” Wolf cooktop and oven, dropdown microwave, high arc pull-down pot filler, quiet ASKO dishwasher, under-counter lighting, under mount stainless sink and walk-in pantry. Adjacent to the kitchen is a dining room with built-in buffet and a great room with a fireplace detail wall and triple sliders opening to the wonderful backyard living area with an incredible pool/spa, covered lanai with cypress ceiling and fully-equipped summer kitchen. Located on one side of the home, the owner’s wing offers a volume ceiling, 2 walk-in closets, freestanding tub, frameless glass shower with rainhead, dual vanities, water closet, access to the second lanai plus a den/office. In a separate wing also on the first level is a guest suite with a private bath, walk-in closet and access to the lanai. Upstairs, there are 2 bedrooms each with walk-in closets, 2 baths, and a huge bonus room that overlooks the great room below. Many other notable features include a 2-car garage with epoxy floor, professionally designed landscape with irrigation system, brick paver drive and walkway, impact Low-e windows and sliding glass doors, recessed lighting, tankless water heater, central vac, pool and house alarm system, and tray ceilings in the great room, primary bedroom, den and bonus room. You can’t beat the location and the numerous testimonials from those who’ve purchased an Allegra home are highly complimentary of the process from beginning to end as well as the post project support they received.
*Photos are of a previous model, details and selections may vary*
Last Agent to Sell the Property
GRECO REAL ESTATE Brokerage Phone: 941-685-0449 License #0405884 Listed on: 03/30/2023
Last Buyer's Agent
GRECO REAL ESTATE Brokerage Phone: 941-685-0449 License #0405884 Listed on: 03/30/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $6,346
Year Built
- Built in 2024 | New Construction
Lot Details
- 8,850 Sq Ft Lot
- Lot Dimensions are 75x118
- South Facing Home
- Vinyl Fence
- Level Lot
- Well Sprinkler System
- Landscaped with Trees
- Property is zoned RSF3
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- On-Street Parking
Property Views
- Garden
- Pool
Home Design
- Custom Home
- Block Foundation
- Slab Foundation
- Wood Frame Construction
- Tile Roof
- Concrete Roof
- Block Exterior
- Stone Siding
- Concrete Perimeter Foundation
- Stucco
Interior Spaces
- 3,220 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Built-In Features
- High Ceiling
- Decorative Fireplace
- Electric Fireplace
- ENERGY STAR Qualified Windows
- Insulated Windows
- Sliding Doors
- Great Room
- Den
- Bonus Room
- High Impact Windows
- Laundry Room
Kitchen
- Built-In Oven
- Cooktop with Range Hood
- Microwave
- Dishwasher
- Wine Refrigerator
- Stone Countertops
- Solid Wood Cabinet
- Disposal
Flooring
- Wood
- Carpet
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- 4 Full Bathrooms
Pool
- Screened Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Gunite Pool
- Saltwater Pool
- Fence Around Pool
- Pool Alarm
- Pool Lighting
Outdoor Features
- Covered Patio or Porch
- Outdoor Kitchen
- Rain Gutters
Schools
- Southside Elementary School
- Brookside Middle School
- Sarasota High School
Utilities
- Forced Air Zoned Heating and Cooling System
- Thermostat
- Natural Gas Connected
- Tankless Water Heater
- Gas Water Heater
- High Speed Internet
- Cable TV Available
Community Details
- No Home Owners Association
- Built by Allegra Homes
- Poinsettia Park 2 Subdivision, Palonia Modern Floorplan
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 15 / E
- Assessor Parcel Number 2039080039
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 30, 2023
Closed on
Aug 8, 2024
Sold by
Rjjm Llc
Bought by
Basnight James Allen
Seller's Agent
Karen Greco
GRECO REAL ESTATE
Buyer's Agent
Karen Greco
GRECO REAL ESTATE
List Price
$2,697,500
Sold Price
$2,435,000
Premium/Discount to List
-$262,500
-9.73%
Views
272
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$104,370
Avg. Annual Appreciation
-4.09%
Original Mortgage
$1,948,000
Outstanding Balance
$1,929,420
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
$401,210
Purchase Details
Closed on
Mar 15, 2023
Sold by
Classic Homes By Clayton Inc
Bought by
Rjjm Llc
Purchase Details
Closed on
May 31, 2015
Sold by
Koehnlein Susanne C and Koehnlein Susanne C
Bought by
Classic Homes By Clayton Inc
Purchase Details
Closed on
Feb 3, 2012
Sold by
Koehnlein Susanne Christina
Bought by
The Susanne C Koehnlein Living Trust and Koehnlein Susanne C
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Basnight James Allen | $2,435,000 | None Listed On Document | |
| Rjjm Llc | $700,000 | -- | |
| Classic Homes By Clayton Inc | $375,000 | None Available | |
| The Susanne C Koehnlein Living Trust | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Basnight James Allen | $1,948,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2024 08/08/24 | Sold | $2,435,000 | -9.7% | $756 / Sq Ft |
| 06/03/2024 06/03/24 | Pending | -- | -- | -- |
| 05/16/2024 05/16/24 | Price Changed | $2,697,500 | 0.0% | $838 / Sq Ft |
| 05/16/2024 05/16/24 | For Sale | $2,697,500 | +10.8% | $838 / Sq Ft |
| 05/12/2024 05/12/24 | Off Market | $2,435,000 | -- | -- |
| 01/05/2024 01/05/24 | Price Changed | $2,890,000 | +3.6% | $898 / Sq Ft |
| 10/04/2023 10/04/23 | Price Changed | $2,790,000 | +2.9% | $866 / Sq Ft |
| 03/30/2023 03/30/23 | For Sale | $2,710,612 | -- | $842 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $6,347 | $696,500 | $696,500 | -- |
| 2023 | $6,347 | $548,700 | $548,700 | $0 |
| 2022 | $5,206 | $398,700 | $398,700 | $0 |
| 2021 | $4,432 | $283,200 | $283,200 | $0 |
| 2020 | $4,976 | $309,800 | $309,800 | $0 |
| 2019 | $4,542 | $283,200 | $283,200 | $0 |
| 2018 | $5,922 | $376,100 | $376,100 | $0 |
| 2017 | $5,356 | $330,100 | $330,100 | $0 |
| 2016 | $2,439 | $289,200 | $280,400 | $8,800 |
| 2015 | $2,474 | $249,300 | $241,200 | $8,100 |
| 2014 | $2,466 | $171,873 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Karen Greco
Map
Source: Stellar MLS
MLS Number: A4564854
APN: 2039-08-0039
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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