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Off market
  • $635,300

    5556 Magnolia Tree Ter, Sarasota, FL 34233

    3beds
    2,458sqft
    Single Family Residence
    Built in 1998
    8,999 Square Feet Lot
    $635,300 Zestimate®
    $258/sqft
    $4,167 Estimated rent

    Home value

    $635,300

    $597,000 - $680,000

    $4,167/mo

    Zestimate® history
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    $4,222/mo

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    $4,222/mo

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    What's special

    Enjoy the sparkling water view from your pool at this beautiful home in sunny Sarasota! Located in Magnolia Pond, a quiet community of just 59 homes surrounding three lakes, this property is on a quiet dead end street and is a must-see. The gracious double-door entryway allows you to be immediately wowed by the sparkling pool with water view, and the floor plan is immensely functional for many lifestyles. Whether you are a snowbird escaping the north or a family looking for a great home near A-rated schools, this home is sure to please! Offering both formal living and dining, a spacious den with closet, an open kitchen/family room, there is plenty of space to spread out. No one will feel cramped with the split floor plan. The master bedroom is very large with a slider leading to the lanai/pool area, and you will not believe the size of the his and her closets! The Master bath features double sinks, a separate walk in shower and a garden tub. Two additional bedrooms share a bath. The open and updated kitchen with a gas stove and new stainless french door refrigerator will make hosting a breeze. Everyone will be thrilled with the gorgeous pool, spacious lanai with a retractable awning, and the pretty lake view, where you'll see abundant wildlife instead of other homes. The birds are gorgeous and the ducks are friendly! Rest easy in Hurricane season as the home has fully installed Hurricane shutters. A/C is a yr old and Roof is 2 yrs. Finally, the location cannot be beat: the soft sands of Siesta Key Beach are just minutes away, and all of the shopping and dining you need is right outside the neighborhood. You do not want to miss this one! Schedule your showing today! Magnolia Pond homes are hard to come by. Prepare to live here for a long long time. Welcome home!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Originating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Master Bedroom Downstairs, Open Floorplan, Walk-In Closet(s), Kitchen/Family Room Combo, Solid Surface Counters, Cathedral Ceiling(s)
    • Flooring: Tile, Carpet, Laminate
    • Windows: Blinds, Window Treatments
    Interior area
    • Structure area source: Public Records
    • Total interior livable area: 2,458 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Garage - Attached
    Features
    • Levels: One
    • Exterior features: Stucco
    • Pool features: Gunite, Heated, In Ground, Screen Enclosure, Deck
    • Has spa: Yes
    • Spa features: Heated, In Ground
    • Has view: Yes
    • View description: Water
    • Has water view: Yes
    • Water view: Water
    • Waterfront features: Pond
    Lot
    • Size: 8,999 Square Feet
    • Features: Street Paved, Street Dead-End
    Details
    • Parcel number: 0093110041
    • Zoning: RSF3

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Florida
    • Property subtype: Single Family Residence
    Materials
    • masonry
    • Foundation: Concrete
    • Roof: Asphalt
    Condition
    • Completed
    • Year built: 1998

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Phone Available, Sewer Connected, BB/HS Internet Available, Cable Available, Public, Cable Connected, Electricity Available, Water Available, Sprinkler Meter, Natural Gas Available, Water Connected

    Community & HOA

    Community
    • Security: Smoke Detector(s), Security System, Fire Alarm
    • Subdivision: Magnolia Pond
    HOA
    • Has HOA: Yes
    • HOA fee: $62 monthly
    Location
    • Region: Sarasota

    Financial & listing details

    • Price per square foot: $258/sqft
    • Tax assessed value: $494,700
    • Annual tax amount: $5,009
    • Listing terms: Cash, Conventional, VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    11/18/2020Sold$462,000-2.7%$188/sqft
    Source: Stellar MLS #A4475831 Report a problem
    10/11/2020Pending sale$474,900$193/sqft
    Source: BRIGHT REALTY #A4475831 Report a problem
    10/1/2020Price change$474,900-1.1%$193/sqft
    Source: BRIGHT REALTY #A4475831 Report a problem
    8/29/2020Pending sale$479,999$195/sqft
    Source: BRIGHT REALTY #A4475831 Report a problem
    8/22/2020Listed for sale$479,999+29.4%$195/sqft
    Source: BRIGHT REALTY #A4475831 Report a problem
    12/7/2004Sold$371,000+539.7%$151/sqft
    Source: Public Record Report a problem
    1/15/1998Sold$58,000$24/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$5,009 +4.2%$404,678 +2.9%
    2024$4,809 +3.9%$393,273 +3%
    2023$4,627 +3.3%$381,818 +3%
    2022$4,481 +1.1%$370,697 +3%
    2021$4,432 +31.1%$359,900 +30.9%
    2020$3,381 +3.8%$275,017 +2.3%
    2019$3,258 $268,834 +1.9%
    2018$3,258 +2.6%$263,821 +6.8%
    2017$3,175 +3.6%$247,017 -13.4%
    2016$3,064 $285,200 +2.9%
    2015$3,064 +0.4%$277,200 +18%
    2014$3,051 +0.1%$234,825
    2013$3,047 +2.8%$234,825 +1.7%
    2012$2,965 -9.9%$230,900 -10.8%
    2011$3,289 -17.8%$259,000 -14.9%
    2010$4,000 -10%$304,300 -7%
    2009$4,446 $327,300 -9%
    2008$4,446 -0.7%$359,719 +3%
    2007$4,477 $349,242 +2.5%
    2006-- $340,724 +3%
    2005-- $330,800 +30.5%
    2004$3,778 -1%$253,457 +1.9%
    2003$3,818 +1.6%$248,731 +2.4%
    2002$3,756 +7.3%$242,901 +1.6%
    2001$3,502 +2.5%$239,076 +3%
    2000$3,417 $232,113
    Find assessor info on the county website

    Neighborhood: 34233

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Ashton Elementary
    • Middle: Sarasota Middle
    • High: Riverview High

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $635,300
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $635,300