1 year on rocket

1859 Magnolia St, Sarasota, FL, 34239

$2,890,000

4 Bedrooms
4 Full Baths
3,220 SqFt
$898/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener, On Street
Attached Garage2 spaces
Year BuiltNew Const., 2024
HeatingCentral, Electric, Zoned
CoolingCentral Air, Zoned
FireplaceDecorative, Electric
ViewPool
Private PoolYes
MLS #A4564854
Lot Size0.20 Acres
StatusActive

About 1859 Magnolia St

Under Construction. Move in JUNE 2024! 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. Ask for many more details that are part of Allegra Homes’ Platinum 23 Series. With a completion date scheduled for spring 2024, this stunning new home will be built with a strict attention to detail, remarkable creativity and quality construction that’s second to none. 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*

Property Details

Property Features

Property Information:

  • Architectural Style: Custom, Other
  • Year Built: 2024
  • Stories: 2
  • Living Area: 3,220 SqFt

Listing Office:

  • Office Name: GRECO REAL ESTATE
  • Office Phone: (941) 685-0449
  • Listing Agent: Karen Greco

Interior Features

Interior Information:

  • Appliances: Oven, Cooktop, Dishwasher, Disposal, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Wine Cooler
  • Flooring Type: Tile
  • Interior: Built-in Features, High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Fireplace: Decorative, Electric

Bedroom and Bathroom Information:

  • Full Bathrooms: 4
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Pool
  • Exterior: Irrigation System, Outdoor Kitchen, Rain Gutters, Sliding Doors

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener, On Street

Lot Features

Lot Information:

  • Lot: City Lot, Paved
  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric, Zoned
  • Cooling: Central Air, Zoned

School Info

Assigned Schools Information:

  • Sarasota High School, Public District Grades 9-12
  • Brookside Middle School, Public District Grades 6-8
  • Southside Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Head South on Bee Ridge, take a right onto S Tamiami Trail, take a left onto Magnolia St, Destination is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,890,000
  • Price Per SqFt: $898/SqFt

Tax Information:

  • Annual Amount: $4,976
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Sarasota, FL.

Med. Sold Price

$513.2K

Med. Price/SqFt

$305

Avg. Days On Market

62

# of Sold Homes

531

1859 Magnolia St vs Sarasota

394 DAYS ON ROCKET

+332 Days

$2,890,000

+$2.3M More

$898/SqFt

+$593 More

KEY TAKEAWAY

This property is $2.3M more than the Median Sold Price and $593/SqFt more than other homes in Sarasota, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4564854

Listing Office:

  • Office Name: GRECO REAL ESTATE
  • Office Phone: (941) 685-0449
  • Listing Agent: Karen Greco

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/27/2024, 11:49:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 01, 2016Home Sold
$375,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,976$309,800
2019$4,541$283,200
2018$5,922$363,110
2017$5,356$330,100

History based on county public records data.

Payment Calculator

$14.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$8,731

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1820638
10
/10
  • Southside Elementary School

  • 1901 Webber St

  • 0.28 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1820639
5
/10
  • Brookside Middle School

  • 3636 S Shade Ave

  • 0.59 miles

  • Public District Grades 6-8

High School

school-card-donut-1820640
4
/10
  • Sarasota High School

  • 1000 S School Ave

  • 1.43 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $65,509. The majority of Sarasota, FL residents have income less than $35k annually. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1859 Magnolia St

What is the listing price of this property?

The listing price of 1859 Magnolia St property is $2,890,000.

What type of property is this?

The property 1859 Magnolia St is a house located in Sarasota, Florida, 34239.

Is this property for sale now?

Active Listing: 1859 Magnolia St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 1859 Magnolia St are:
Southside Elementary School: GreatSchools Rating 10/10
Brookside Middle School: GreatSchools Rating 5/10
Sarasota High School: GreatSchools Rating 4/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $4,976 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 1, 2016 for $375,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1859 Magnolia St has 4 bedrooms and 4 bathrooms.

What is the square footage of this property?

The property 1859 Magnolia St is 3,220 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1859 Magnolia St is 2024.
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Rocket HomesFloridaSarasota CountySarasota342391859 Magnolia St

This home is located at 1859 Magnolia St in Sarasota, FL and zip code 34239 in the South Poinsettia Park neighborhood. This 3,220 square foot home, which was built in 2024, sits on a 0.20 acre lot. Features: 4 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since March 30, 2023 and is currently priced at $2,890,000.

In March 2024, from all listings sold in Sarasota, FL there were more than 30 sold above asking price, over 414 sold below and more than 87 were sold right at the asked price. The number of homes for sale in Sarasota, FL increased by 3.8% between February 2024 and March 2024. While the average time on the market in March 2024 was 62 days, the median list price was $513,207.

From Rocket Homes Real Estate and based on county public records data.

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