Lake Magdalene

2005 Russell Dr

Tampa, FL 33618
$539,900
3 bed2 bath1,446 sqftSingle-family home · built 1980

What stands out about this home

Compared with single-family homes like it, within product classi
Size
Larger than 21% of single-family homes sold in Lake Magdalene
806 single-family home sales · Jan 2024 - Oct 2026
Price
The seller has not permitted automated price comparisons
Standout feature
A private pool: 46% of single-family homes listed in Lake Magdalene have one
301 single-family home listings · Mar 2004 - Oct 2026
Age
Newer than 52% of single-family homes in Lake Magdalene
1,163 homes · Mar 2004 - Oct 2026
Compared against 40 similar homes sold within 0.88 mi.

About this property

Virtually Staged. Welcome to 2005 Russell Dr, a beautifully renovated pool home in the desirable Carrollwood/Lake Magdalene area! Fully updated, this move-in-ready home features a modern kitchen with quartz countertops, updated bathrooms and stylish finishes throughout. Major improvements include a newer roof and A/C, hurricane-impact windows and doors, spray foam insulation, updated plumbing, well and septic, plus solar panels that will be PAID IN FULL at closing, allowing the new owner to enjoy the benefits of an owned solar system.

Enjoy Florida living in the screened-in pool and patio, overlooking a spacious fenced backyard. The home is serviced by private well and septic, eliminating a monthly municipal water bill. Best of all, you're just steps from scenic Lake Platt, adding to the peaceful setting of this established Tampa neighborhood. Conveniently located near shopping, dining, major roadways, USF and area medical facilities. Beautifully updated, energy efficient and ready for its next owner—schedule your private showing today!

Property details

Year built1980
Lot size0.26 ac
HOANot stated
Parking2-car
Days on market46
MLS#TB8544215
DishwasherRangeRange hoodRefrigeratorCeramic tile flooringCentral air conditioning
All features →
  • Dishwasher
  • Range
  • Range hood
  • Refrigerator
  • Ceramic tile flooring
  • Central air conditioning
  • Central heating
  • Shingle roof
  • Slab foundation
  • Block construction
  • Single story
  • In garage
  • Cable available
  • Electricity available
  • Electricity connected
  • Water available
  • Water connected
  • Private pool
  • Garage
  • Fireplace
  • Quartz countertops
  • Solar

The market for homes like this

Single-family homes with 3 bedrooms in Lake Magdalene
i
Median sold price$418,750118 sales · last 12 months
Median price per sq ft$273118 sales · last 12 months
Median rent$2,500/mo43 leases · last 12 months
Median days to lease2743 leases · last 12 months

Lake Magdalene, as its listings describe it

What agents stated on listings, 2004 – 2026i
Community pool58%of 240 listings
HOA fee, median$375/moof 166 listings
Has an association51%of 459 listings
Pets allowed83%of 522 listings
Minimum lease, most commonNo Minimum55% of 354 listings · next: 1–2 Years
Lease restrictions36%of 358 listings
Association approval required37%of 247 listings
Private pool26%of 636 listings
Gated37%of 240 listings
Public water · sewer92% · 85%of 390 · 408 listings
Flood zone (A or V)12%of 417 listings
55+ communityNo99% of 459 listings · next: Yes
Homestead share75%of 10,159 homes · county tax roll
Also stated: waterfront 17% of 461 listings; CDD 1% of 377.

Price and time on market

This listing against homes like iti
Price per sq ft
The seller has not permitted automated price comparisons
Time on market
The seller has not permitted automated comparisons
Price history
Listed at $564,900 originally; now $549,900, 2.7% lower after at least one price reduction. The most recent: down $15,000 on Sept. 17, 2026
at least one price reduction visible

Cost of ownership

What this home costs to hold, from public recordsi
Current owner's taxes
i
$4,939 (2025)
As stated on the listing for 2025
Estimated taxes at this price
i
About $7,000/yr homesteaded, $7,800/yr as an investor
Estimated: the asking price through the county's price-to-value factor, at the parcel's published millage; assessments reset at sale
Typical electric bill
i
$166/mo (2024)
Typical: the utility's average residential bill for 2024 (not this home's)
Typical water and sewer
i
$98/mo at 5,000 gallons
Typical: the provider's published schedule at 5,000 gallons a month on a standard residential meter
THE NEIGHBORHOOD

Living in Lake Magdalene

unincorporated Hillsborough County · Hillsborough County · ZIP 33618 · Lake Magdalene (census-designated place) · Flood zone X
Explore Lake Magdalene →
Homes10,159residential parcels
Median sold price$439,900342 sales · last 12 months
Vs. the prior year+1.1%342 sales this year · 375 sales the prior year
Median rent$1,995/mo101 leases · last 12 months
Homes that changed hands3%342 sales of 10,159 homes
Homestead share75%of 10,159 homes · county tax roll
Single-family homes in Lake Magdalene, by bedroomsFigures appear once a group has 40 sales
GROUPSALESMEDIAN SOLDMEDIAN RENT
All single-family homes · 12 months271$490,000$2,500/mo43 leases
2 bed14Not enough sales yet to report on their own
3 bed · this home118$418,750—
4 bed102$583,000—
5+ bed37Not enough sales yet to report on their own
All single-family homes · 24 months565$488,000$2,537/mo92 leases
Median price

Lake Magdalene homes sold for a median of $439,900 in the 12 months to Oct. 11, 2026.

342 sales
Price trend

That's 1.1% above the median for the 12 months before, $435,000.

342 sales this year · 375 sales the prior year
What's selling

Single-family detached homes made up 271 of the 342 sales in the same 12 months, at a median of $490,000.

271 of 342 sales

Location

2005 RUSSELL DR, TAMPA, FL 33618

Nearby homes for sale in Tampa

Based on information from Stellar MLS® for the period March 8, 2004 through October 11, 2026.

Listings courtesy of Stellar MLS as distributed by MLS GRID

HomeProp is a licensed Florida real estate brokerage (License CQ1055163). Regulated by the Florida Real Estate Commission (FREC), 400 W Robinson St, Orlando, FL 32801. All information deemed reliable but not guaranteed.

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