$174,900
SOLD JUL 2, 2021

5500 Longwood Run Blvd Unit 203 Sarasota, FL 34243

2 Beds
2 Baths
954 Sq Ft
$48/mo HOA Fee

Recently Sold

$183 Per Sq Ft

2% Below List Price

67 Days on Market

Highlights

  • Park or Greenbelt View
  • Enclosed patio or porch
  • Inside Utility
  • Booker High School Rated A-
  • Walk-In Closet
  • Ceramic Tile Flooring

About This Home

As of July 2021

Location... Location ... Location.. Just move into this updated 2 Bedroom 2 bath unit. upgrades include Vaulted ceilings ,wood laminated flooring , Newer heating and cooling system, New hot water heater 2020, Newer Appliances and remodeled bath. Enjoy affordable maintenance living . Enjoy your morning coffee from your enclosed patio overlooking parklike setting treed green space. Magnolia Place is conveniently located within the University corridor with easy access to shopping , dining, golfing and Just a short drive to world class Gulf Beaches. A Great Place To Call Home. Just Move In.

Last Agent to Sell the Property

Gary Hoskins

COLDWELL BANKER REALTY License #3011318 Listed on: 03/20/2021

COLDWELL BANKER REALTY

Last Buyer's Agent

Bailey Dempsey

KW COASTAL LIVING III License #3306079

KW COASTAL LIVING III

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $700

Year Built

  • Built in 1994

HOA Fees

  • $48 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 954 Sq Ft Home
  • 2-Story Property
  • Sliding Doors
  • Inside Utility
  • Park or Greenbelt Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Additional Features

  • Enclosed patio or porch
  • North Facing Home

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, escrow reserves fund, insurance, maintenance structure, ground maintenance, manager, pest control, sewer, trash, water
  • Paula Mitchell Association, Phone Number (941) 870-2300
  • Magnolia Place Community
  • Magnolia Place Subdivision
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking
  • Rental Restrictions

Pet Policy

  • 2 Pets Allowed
  • Breed Restrictions
  • Small pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$700

Year Built

Built in 1994

Lot Details

0

HOA Fees

$48 per month

Listing Details

  • HOA Fee Includes: Cable TV, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Manager, Pest Control, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 954
  • New Construction: No
  • Year Built: 1994
  • Directions to Property: University to Longwood Run Traffic light go South to 5500 Magnolia complex
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4495014?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4495014?w=Customer
  • Floor Number: 2
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 800-7469464
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 183.33
  • Close to Original List Price Ratio: 0.97983
  • View: Yes
  • Ownership: Condominium
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Linoleum
  • Full Bathrooms: 2
  • Interior Amenities: Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 2
  • Street Number Modifier: 5500
  • Room Count: 5
  • Additional Rooms: Inside Utility

Exterior Features

  • Direction Faces: North
  • Exterior Features: Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Greenbelt
  • Waterfront: No
  • Patio and Porch Features: Enclosed
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, No Truck/RV/Motorcycle Parking, Sidewalk
  • Association Fee: 285
  • Association Fee Frequency: Semi-Annually
  • Association Name: Paula Mitchell
  • Phone: 941-870-2300
  • Association: Yes
  • Senior Community: No
  • Condo Fees: 328
  • Condo Fees Term: Monthly
  • Association Email: mike@mitchellsrq.com
  • Condo Land Included Y N: No
  • Monthly Condo Fee Amount: 328
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 4506
  • Monthly HOA Fee: 47.5
  • Total Monthly Fees: 375.5

Lot Info

  • Zoning: RSF1
  • Parcel Number: 0018161015
  • Additional Parcels: No
  • Flood Zone Code: c

Rental Info

  • Pets Allowed: Breed Restrictions
  • Pet Size: Small (16-35 Lbs.)
  • Minimum Lease: 6 Months
  • Approval Process: Application
  • Pet Restrictions: total of 2 pets dog or cats
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Tenant needs to apply and go through aprlication process

Tax Info

  • Tax Annual Amount: 700.4
  • Tax Book Number: 30-24
  • Tax Lot: 203

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2021
Closed on
Jul 2, 2021
Sold by
Hymon Lyubomyra
Bought by
Tessier Isabelle S
Seller's Agent
Gary Hoskins
COLDWELL BANKER REALTY
Buyer's Agent
Bailey Dempsey
KW COASTAL LIVING III
List Price
$178,500
Sold Price
$174,900
Premium/Discount to List
-$3,600
-2.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$139,920
Outstanding Balance
$127,778
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$91,889

Purchase Details

Closed on
Dec 3, 2008
Sold by
Mahoney James A and Mahoney Cecile
Bought by
Hymon Lyubomyra

Purchase Details

Closed on
Mar 5, 2001
Sold by
Kruvand Marjorie J and Brooks Marjorie J
Bought by
Mahoney Eugene F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,800
Interest Rate
7.06%

Purchase Details

Closed on
Jun 8, 1995
Sold by
Big Trees Longwood Run Inc
Bought by
Brooks Marjorie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$52,400
Interest Rate
8.23%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $174,900 Attorney
Warranty Deed $75,000 Sunbelt Title Agency
Warranty Deed $81,000 --
Deed $69,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $139,920 New Conventional
Previous Owner $64,800 No Value Available
Previous Owner $52,400 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/24/2025 06/24/25 For Sale $225,000 +28.6% $236 / Sq Ft
07/02/2021 07/02/21 Sold $174,900 0.0% $183 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
05/05/2021 05/05/21 Price Changed $174,900 -0.9% $183 / Sq Ft
04/12/2021 04/12/21 Price Changed $176,500 -1.1% $185 / Sq Ft
03/18/2021 03/18/21 For Sale $178,500 -- $187 / 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 $1,984 $175,367 -- --
2023 $1,984 $170,259 $0 $0
2022 $1,903 $165,300 $0 $165,300
2021 $1,659 $106,100 $0 $106,100
2020 $700 $59,095 $0 $0
2019 $661 $57,766 $0 $0
2018 $630 $56,689 $0 $0
2017 $649 $55,523 $0 $0
2016 $655 $86,200 $0 $86,200
2015 $662 $82,700 $0 $82,700
2014 $660 $52,782 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4495014

Stellar MLS

APN: 0018-16-1015