Seller's Agent in 2024
Richard Tritschler
RE/MAX
(941) 928-1292
4 in this area
290 Total Sales
5527 Magnolia Tree Terrace Sarasota, FL 34233
Estimated Value: $647,986 - $702,000
4
Beds
3
Baths
2,393
Sq Ft
$281/Sq Ft
Est. Value
Highlights
- Screened Pool
- Custom Home
- Property is near public transit
- Ashton Elementary School Rated A
- Open Floorplan
- Main Floor Primary Bedroom
About This Home
As of February 2024We’re confident you’ll fall in love with this home! As you step inside you’ll be captivated by this 4 bedroom, 3 bathroom home that has a bonus/ flex room offering everything a growing family could desire. This home boasts three spacious living areas, providing ample space for entertaining, relaxation or family gatherings. The desirable open floor plan has luxury architectural details such high ceilings, arches, tray ceilings, recessed lighting and tile throughout main living areas. The heart of the home, where the kitchen seamlessly flows into the family room. The kitchen has recently been updated in 2023 with Quartz countertops, soft close drawers, white cabinet refacing, new hardware, new granite composite farmhouse kitchen sink, updated stainless steel appliances, large breakfast bar, closet pantry and an eat-in space in the kitchen. The master suite is generously sized with tray ceiling, decorative accent wall tongue & groove and walk-in closets. The ensuite features dual sinks, makeup vanity, garden soaker tub, large walk-in shower. Additionally, there are three thoughtfully designed bedrooms, including one with a private ensuite bathroom, another with private access to a courtyard patio, and the third has the option to be private as well. Plus the bonus room does have a closet! This home is designed for comfortable, multi-generational living or bringing the office back home. Custom built 2023 laundry room with Quartz countertops, 48-inch solid wood white cabinets, laundry sink & 2022 washer & dryer. The outside living space is expansive! The screened Saltwater Pool patio has around 852 sqft of outdoor space. Well-manicured green areas with plenty of space to enjoy your backyard! The brick paver patio area and open fire pit are perfect for gathering. Located at the end of a quiet dead-end street gives you the utmost privacy & great curb appeal. The Roof is 2021, AC 2019, Hot Water heater is 2018. This is an A-rated school district (Ashton Elementary, Sarasota Middle & Riverview High School). Fantastic Central Sarasota Location! You have easy access to I-75, 15 minutes to Gulf beaches, plenty of shopping & dining all around you. An amazing home awaits you with endless possibilities. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
Last Agent to Sell the Property
RE/MAX ALLIANCE GROUP Brokerage Phone: 941-954-5454 License #509224 Listed on: 12/08/2023
Co-Listed By
COLDWELL BANKER REALTY Brokerage Phone: 941-954-5454 License #3318795
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,467
Year Built
- Built in 2000
Lot Details
- 9,387 Sq Ft Lot
- Street terminates at a dead end
- South Facing Home
- Vinyl Fence
- Wood Fence
- Landscaped with Trees
- Additional Parcels
- Property is zoned RSF3
HOA Fees
- $67 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Custom Home
- Slab Foundation
- Shingle Roof
- Concrete Siding
- Stucco
Interior Spaces
- 2,393 Sq Ft Home
- Open Floorplan
- Crown Molding
- Tray Ceiling
- High Ceiling
- Ceiling Fan
- Shades
- Blinds
- Drapes & Rods
- Sliding Doors
- Family Room Off Kitchen
- Separate Formal Living Room
- Formal Dining Room
- Den
- Bonus Room
- Inside Utility
Kitchen
- Eat-In Kitchen
- Range
- Microwave
- Dishwasher
- Stone Countertops
- Disposal
Flooring
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Split Bedroom Floorplan
- Walk-In Closet
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Screened Pool
- In Ground Pool
- Gunite Pool
- Saltwater Pool
- Fence Around Pool
- Pool Lighting
Outdoor Features
- Screened Patio
- Exterior Lighting
- Rain Gutters
Location
- Property is near public transit
Schools
- Ashton Elementary School
- Sarasota Middle School
- Riverview High School
Utilities
- Central Heating and Cooling System
- Underground Utilities
- Cable TV Available
Community Details
- Association fees include common area taxes, escrow reserves fund, management
- Cherie Colvin Association, Phone Number (941) 361-1222
- Magnolia Pond Community
- Magnolia Pond Subdivision
- The community has rules related to deed restrictions
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 38
- Assessor Parcel Number 0093110010
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 8, 2023
Closed on
Feb 1, 2024
Sold by
Mcdonald Scott and Mcdonald Gertrude
Bought by
Tidswell Kristine and Tidswell Conrad Edward
Seller's Agent
Richard Tritschler
RE/MAX ALLIANCE GROUP
Buyer's Agent
Toni Zarghami
KW COASTAL LIVING III
List Price
$700,000
Sold Price
$715,000
Premium/Discount to List
$15,000
2.14%
Views
33
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
-$43,253
Avg. Annual Appreciation
-3.65%
Original Mortgage
$693,550
Outstanding Balance
$681,293
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
-$9,546
Purchase Details
Closed on
Oct 5, 2004
Sold by
Cooley T K and Cooley Jenean
Bought by
Mcdonald Scott and Mcdonald Gertrude
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jul 9, 1999
Sold by
Fl Coast Dev Corp
Bought by
Cooley T K and Colley Troy K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.23%
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 |
|---|---|---|---|
| Tidswell Kristine | $715,000 | None Listed On Document | |
| Mcdonald Scott | $355,000 | -- | |
| Cooley T K | $49,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Tidswell Kristine | $693,550 | |
| Previous Owner | Mcdonald Scott | $284,000 | |
| Previous Owner | Cooley T K | $172,000 | |
| Closed | Mcdonald Scott | $71,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/01/2024 02/01/24 | Sold | $715,000 | +2.1% | $299 / Sq Ft |
| 12/11/2023 12/11/23 | Pending | -- | -- | -- |
| 12/08/2023 12/08/23 | For Sale | $700,000 | -- | $293 / 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 | $3,467 | $290,545 | -- | -- |
| 2023 | $3,467 | $282,083 | $0 | $0 |
| 2022 | $3,341 | $273,867 | $0 | $0 |
| 2021 | $3,087 | $249,385 | $0 | $0 |
| 2020 | $3,087 | $245,942 | $0 | $0 |
| 2019 | $2,973 | $240,413 | $0 | $0 |
| 2018 | $2,895 | $235,930 | $0 | $0 |
| 2017 | $2,881 | $231,077 | $0 | $0 |
| 2016 | $2,870 | $281,800 | $63,500 | $218,300 |
| 2015 | $2,918 | $271,500 | $51,700 | $219,800 |
| 2014 | $2,906 | $219,672 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Richard Tritschler
-
Caroline Tritschler
Seller Co-Listing Agent in 2024
Caroline Tritschler
COLDWELL BANKER REALTY
(941) 308-4340
2 in this area
70 Total Sales
-
Toni Zarghami
Buyer's Agent in 2024
Toni Zarghami
KW COASTAL LIVING III
(941) 356-5076
23 in this area
1,084 Total Sales
Map
Source: Stellar MLS
MLS Number: N6129836
APN: 0093-11-0010
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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