by RH Advisors

See Home Value
$535,000
House - Off Market

2101 Magnolia STREET

SARASOTA, FL 34239
bedrooms
3 Beds
bathrooms
2 Baths
square feet
948 Sqft
$3,016
Estimated Monthly
6.64%
Cap Rate

About This Property

Perfectly positioned in the sought-after Washington Heights neighborhood, this picturesque and completely renovated, turnkey furnished home offers incredible rental income and enjoys excellent proximity to downtown Sarasota and Siesta Key Beach. A quaint front porch leads to the 3 bedroom, 2 bath home, which offers maintenance free living with the newer roof and HVAC. The bright and airy home has volume ceilings and a split floor plan. The updated kitchen boasts an abundance of cabinets, solid surface counters and Samsung stainless steel appliances. Situated on a dead-end street with easy access to walking trails, this location provides privacy and tranquility. For your relaxing pleasure, the property can accommodate the installation of a new swimming pool. The oversized one car carport, outdoor storage shed, and lush, tropical landscaping add the finishing touches to this Florida home. This fabulous location offers a great investment opportunity while also offering excellent schools, a world of cuisine, culture, and shopping just a short drive away. Property is currently being used as an Airbnb. Rental history provided upon request. Bedroom Closet Type: Built In Closet (Primary Bedroom).
Unit Size
948Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$564
Property Type
House
Property Taxes
$388
HOA Dues
-
Year Built
1958
Last updated: 24 days ago (Stellar MLS #A4593095)

Price History

Date / Event Date Event Price
May 28, 2024 No longer available -
No longer available
Apr 6, 2024 Price Decreased $535,000
↓ $45K (7.8%)
Price Decreased
Feb 2, 2024 Price Decreased $580,000
↓ $39K (6.3%)
Price Decreased
Jan 17, 2024 Price Decreased $619,000
↓ $20K (3.1%)
Price Decreased
Dec 21, 2023 Listed by COLDWELL BANKER REALTY $639,000
Listed by COLDWELL BANKER REALTY
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 2013
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: D
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 325
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,820
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 500
  • Total Building Area: 948
  • Gross Building Area: 948
  • Building Area: 948
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 948
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WASHINGTON HEIGHTS
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 5 BLK B WASHINGTON HEIGHTS

Ownership

  • Current Owner : SWAIM LAURA S
  • Previous Owner : NORWOOD RESTORATION GROUP INC
  • Owner Before Previous Owner: ALTON DONALD EDWARD
  • Owner Before Previous Owner 2: LETOURNEAU JODY C
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Sarasota County School District
  • School Tax School District: T02 T02D A055
  • Census Tract: 000602

Zoning

  • Zoning: RSF3

Geography

  • Assessors Map Reference: 23
  • Account Number: 0057050032
  • Subdivision Tract Number: 486
  • Parcel: 0057-05-0032
  • Block: B
  • Lot: 5
  • Meridian: SEC 32 TWN 36S RNG 18E
  • Municipality: CITY OF SARASOTA
  • Latitude: 27.3048
  • Longitude: -82.528

    Address

  • Full Address: 2101 Magnolia St
  • Address - House Number: 2101
  • Address - Street Name: Magnolia
  • Address - Suffix Type: St
  • State: FL
  • City Name: Sarasota
  • Carrier Code: C047
  • 4-Digit Zip Code: 5217
  • Zip Code: 34239

Valuation

    Tax

  • Total Area: 1,377
  • Tax Year: 2023
  • Tax Amount: $4,658
  • Tax Rate Code Area: 0200

    Appraisal Valuation

  • Standard Deviation: 0.0835
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 93
  • Final Value: 617,197
  • High Value: 668,794
  • Low Value: 565,600

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $196,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Aug 05, 2020
  • First Open Lien Mortgage Loan Amount: $196,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2050

    Market Valuation

  • Market Total Value: $365,600
  • Market Land Value: $188,600
  • Market Improvement Value: $177,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $365,600
  • Assessed Land Value: $188,600
  • Assessed Improvements Value: $177,000

    Sales

  • Current Sale Contract Date: Jul 31, 2020
  • Current Sale Recording Date: Aug 05, 2020
  • Current Sale Transaction ID: 11777115377
  • Current Sale Price: $280,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020104414
  • Previous Sale Recording Date: Jun 03, 2019
  • Previous Sale Contract Date: May 21, 2019
  • Previous Sale Amount: $185,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Aug 05, 2020
  • First Mortgage Loan Amount: $196,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: GROUNDFLOOR HOLDINGS GA LLC
  • Previous Mortgage Transaction Date: Jun 03, 2019
  • Previous Mortgage Loan Amount: $191,820
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: May 30, 2020



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,004 ft²
$557/ft²
$559,000 Jul 3, 2023
$559,000 Sep 19, 2023
$473/mo
House
3 Beds
2 Baths
1,254 ft²
$419/ft²
$525,000 Aug 11, 2023
$525,000 Nov 13, 2023
$431/mo
House
3 Beds
2 Baths
1,504 ft²
$392/ft²
$590,000 Jul 25, 2023
$590,000 Nov 3, 2023
$262/mo
House
3 Beds
2 Baths
1,449 ft²
$390/ft²
$565,000 Aug 18, 2023
$565,000 Sep 26, 2023
$446/mo
House
3 Beds
3 Baths
1,476 ft²
$372/ft²
$549,000 Sep 7, 2023
$549,000 Oct 23, 2023
$364/mo
House
3 Beds
2 Baths
1,566 ft²
$337/ft²
$527,500 Oct 13, 2023
$527,500 Dec 14, 2023
$161/mo
House
3 Beds
2 Baths
1,265 ft²
$568/ft²
$719,000 Nov 29, 2023
-
$541/mo
House
2 Beds
1 Bath
1,070 ft²
$640/ft²
$685,000 Dec 7, 2023
-
$423/mo
House
3 Beds
2 Baths
1,300 ft²
$499/ft²
$649,000 Dec 14, 2023
-
$378/mo
House
3 Beds
2 Baths
1,509 ft²
$431/ft²
$649,999 Nov 20, 2023
-
$378/mo
House
2 Beds
2 Baths
1,214 ft²
$533/ft²
$647,000 Dec 9, 2023
-
$332/mo
House
3 Beds
2 Baths
1,634 ft²
$358/ft²
$585,000 Apr 13, 2023
-
$426/mo

About Washington Heights


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Frequently Asked Questions

When was property at 2101 Magnolia Street built and last sold?
The property at 2101 Magnolia Street was built in 1958 and last sold on Jul 31, 2020 for $280,000.
How much is this home worth?
The estimated value of the home located at 2101 Magnolia Street is $634,493.
What are some comparable homes to 2101 Magnolia Street?
Homes that are comparable to 2101 Magnolia Street include a house property at 3518 Jacinto Court, 2456 Sunnyside Street, 2246 Goldenrod Street.

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