NOT LISTED FOR SALE

1871 Magnolia St Sarasota, FL 34239

Southside Neighborhood

Estimated Value: $657,000 - $966,000

3 Beds
2 Baths
1,768 Sq Ft
$467/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $576,000 $326 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,243/month

4 Days on Market

Highlights

  • Oak Trees
  • Open Floorplan
  • Ranch Style House
  • Southside Elementary School Rated A
  • Deck
  • L-Shaped Dining Room

About This Home

As of May 2021

INVESTOR ALERT! Here is the chance to choose your builder and build your dream home West of the Trail. Magnolia Street is one of the most desirable "Flower" streets because of its convenient location. This property is in the city limits and only two blocks to Siesta Drive. Excellent location close to the Award Winning Beach on Siesta Key, Southside Elementary School, shopping and restaurants at Southside Village and the Sarasota Memorial Medical Complex. Short drive to the Bayfront and the exciting shops and restaurants in Downtown Sarasota. The value is in the land. The lot is 75' x 118' for a total of 8,850 Square Feet. The house is sold "As-Is." New construction on this highly desirable street is in the range of $1.2 Million to over $2 Million. Don't wait to see this property or you could miss out on a great opportunity to build what you want instead of what someone else thinks you want!

Last Agent to Sell the Property

Chris Kernan

RE/MAX ALLIANCE GROUP License #0479249 Listed on: 04/22/2021

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Chris Kernan

RE/MAX ALLIANCE GROUP License #0479249 Listed on: 04/22/2021

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,684

Year Built

  • Built in 1951

Lot Details

  • 8,850 Sq Ft Lot
  • Lot Dimensions are 75 x 118 x 75 x 118
  • South Facing Home
  • Mature Landscaping
  • Oversized Lot
  • Irrigation
  • Oak Trees
  • Property is zoned RSF-3

Parking

  • 1 Carport Space

Home Design

  • Ranch Style House
  • Fixer Upper
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 1,768 Sq Ft Home
  • Open Floorplan
  • Thermal Windows
  • Window Treatments
  • L-Shaped Dining Room
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Rain Gutters
  • Front Porch

Location

  • City Lot

Schools

  • Southside Elementary School
  • Brookside Middle School
  • Sarasota High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Poinsettia Park Community
  • Poinsettia Park Subdivision
  • Rental Restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,684

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1768
  • Lot Size Acres: 0.2
  • New Construction: No
  • Year Built: 1951
  • Building Area Total: 2132
  • Lot Size Sq Ft: 8850
  • Directions to Property: NORTH ON OSPREY AVE FROM SIESTA DRIVE, RIGHT ON MAGNOLIA STREET. HOUSE IS ON THE LEFT.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4498380?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4498380?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Subdivision Num: 364
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1.04727
  • Price per Sq Ft: 325.79
  • Close to Original List Price Ratio: 1.04727
  • Ratio: Current Price\Building Area Total: 270.17
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: L Dining, Living Room/Dining Room Combo, Open Floorplan, Window Treatments
  • Appliances Included: Electric Water Heater, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Thermal Windows, Window Treatments
  • Street Number Modifier: 1871
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Exterior Features: Irrigation System, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Deck, Front Porch, Rear Porch
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12115C0141F
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • S W Subdiv Condo Num: 364
  • Association Approval Required YN: No

Schools

  • Elementary School: Southside Elementary
  • High School: Sarasota High
  • Middle Or Junior School: Brookside Middle

Lot Info

  • Zoning: RSF-3
  • Parcel Number: 2039080040
  • Additional Parcels: No
  • Lot Features: City Lot, Oversized Lot
  • Lot Dimensions: 75 X 118 X 75 X 118
  • Flood Zone Code: X
  • Flood Zone Date: 2016-11-04
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: 1 Week
  • Pet Restrictions: AS PER CITY OF SARASOTA REGS
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: AS PER CITY OF SARASOTA REGS. 8 DAY MINIMUM RENTAL PERIOD.

Tax Info

  • Tax Annual Amount: 1684
  • Tax Block: E
  • Tax Book Number: 0001/0143
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2022
Sold by
Joanna Mazur
Bought by
Skfl Assets Llc
Current Estimated Value
$825,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 1, 2021
Sold by
Angus Macdonell Ronald
Bought by
Scheb Robert P
Seller's Agent
Chris Kernan
RE/MAX ALLIANCE GROUP
Buyer's Agent
Chris Kernan
RE/MAX ALLIANCE GROUP
List Price
$550,000
Sold Price
$576,000
Premium/Discount to List
$26,000
4.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.70%
Original Mortgage
$165,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 28, 2021
Sold by
Scheb Robert P and Estate Of Ronald Angus Macdone
Bought by
Mazur Joanna
Seller's Agent
Chris Kernan
RE/MAX ALLIANCE GROUP
Buyer's Agent
Chris Kernan
RE/MAX ALLIANCE GROUP
List Price
$550,000
Sold Price
$576,000
Premium/Discount to List
$26,000
4.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 25, 2021
Sold by
Rees Heather Loulse
Bought by
Mazur Joanna
Seller's Agent
Chris Kernan
RE/MAX ALLIANCE GROUP
Buyer's Agent
Chris Kernan
RE/MAX ALLIANCE GROUP
List Price
$550,000
Sold Price
$576,000
Premium/Discount to List
$26,000
4.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 24, 2021
Sold by
Macdonell Douglas Masters
Bought by
Mazur Joanna
Seller's Agent
Chris Kernan
RE/MAX ALLIANCE GROUP
Buyer's Agent
Chris Kernan
RE/MAX ALLIANCE GROUP
List Price
$550,000
Sold Price
$576,000
Premium/Discount to List
$26,000
4.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Skfl Assets Llc $600,000 Law Offices Of Cary P Sabol Pa
Scheb Robert P -- --
Mazur Joanna $576,000 Attorney
Scheb Robert P -- --
Mazur Joanna -- Attorney
Mazur Joanna -- Attorney
Mazur Joanna -- Attorney
Mazur Joanna -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Siesta Kay Properties Llc $1,215,008
Closed Skfl Assets Llc $400,000
Previous Owner Mazur Joanna $165,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $576,000 +4.7% $326 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $550,000 -- $311 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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 $8,914 $644,050 -- --
2023 $8,914 $585,500 $548,700 $36,800
2022 $8,039 $524,200 $398,700 $125,500
2021 $1,676 $131,555 $0 $0
2020 $1,684 $129,739 $0 $0
2019 $1,632 $126,822 $0 $0
2018 $1,598 $124,457 $0 $0
2017 $1,573 $121,897 $0 $0
2016 $1,554 $296,400 $280,400 $16,000
2015 $1,574 $257,100 $241,200 $15,900
2014 $1,548 $114,740 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Chris Kernan

    Seller's Agent in 2021

    Chris Kernan

    RE/MAX

    (941) 544-2460

    1 in this area

    25 Total Sales

    Chris Kernan
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Map

Source: Stellar MLS

MLS Number: A4498380

Stellar MLS

APN: 2039-08-0040

Florida Sarasota County Sarasota 34239 Southside

1871 Magnolia St, Sarasota, FL

This home is located at 1871 Magnolia St, Sarasota, FL 34239 since 22 April 2021 and is currently estimated at $825,840, approximately $467 per square foot. This property was built in 1951. 1871 Magnolia St is a home located in Sarasota County with nearby schools including Southside Elementary School, Brookside Middle School, and Sarasota High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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