NOT LISTED FOR SALE

209 Magellan Dr Sarasota, FL 34243

Estimated Value: $511,000 - $545,359

3 Beds
2 Baths
1,572 Sq Ft
$337/Sq Ft Est. Value

Last Sold April 27, 2012

Last sale price $228,500 $145 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $3,296/month

90 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Boat Lift
  • Home fronts a creek
  • Water access To Gulf or Ocean To Bay
  • Heated Indoor Pool
  • Open Floorplan

About This Home

As of April 2012

BUY YOUR BOAT A HOME! Situated on Bowlees Creek with 1 Bridge (Clearance appx 10ft) and Direct Access to the Intracoastal Waterway/Bay only 1/4 Mile Away. Concrete Seawall with Davits. Spacious 47x37 Cool-Crete Deck with Open Heated Salt Water Pool (2004). Spacious Lot with Fenced Rear Yard; Paver Parking area & Circle Drive and Privacy Landscaped Lot (New 2008). This Vintage Bungalow offers 3 Bedrooms, 2 Baths with Ceramic Tile Floors throughout. Updated Kitchen (2003) with New Cabinetry, Appliances, Granite Countertops. Updated Guest Bath (2003), New Windows & Glass Slider (2003). New Master Bedroom and Bath (2006). New AC 2003. Exterior Painted (2006), Interior Painted (2011) and New Roof (2011). Well over $130,000 Improvements have been made to this property since purchase. The Hard Work has been done and now this property is ready to enjoy. You will love the location; halfway between Downtown Bradenton and Downtown Sarasota! 5 Minutes to the USF, New College, Ringling School of Art & Design, Airport and the Asolo. Here is an Opportunity to own Waterfront/Boating Property Move-in Ready at an affordable price. Hurry, as this one will not last long!

Last Agent to Sell the Property

Linda Starcher, PA

RE/MAX ALLIANCE GROUP License #0400649 Listed on: 01/02/2012

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Sherry Flathman

WAGNER REALTY License #3149646

WAGNER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,940

Year Built

  • Built in 1948

Lot Details

  • 0.25 Acre Lot
  • Home fronts a creek
  • 80 Feet of Waterfront
  • Property fronts a saltwater canal
  • South Facing Home
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF3/H

HOA Fees

  • $2 Monthly HOA Fees

Property Views

  • Canal
  • Creek or Stream

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,572 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • French Doors
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Sun or Florida Room
  • Inside Utility
  • Laundry in unit
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Heated Indoor Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean To Bay
  • Access To Intracoastal Waterway
  • Access To Creek
  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Deck
  • Patio
  • Exterior Lighting
  • Porch

Location

  • Flood Zone Lot
  • Property is near public transit

Schools

  • Florine J. Abel Elementary School
  • College Park Middle School
  • Bayshore High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Baileys Unrecorded Plat Community
  • Whitfield Estates Subdivision
  • The community has rules related to deed restrictions

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,940

Year Built

Built in 1948

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1572
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1948
  • Building Area Total: 1572
  • Lot Size Sq Ft: 10681
  • Directions to Property: Take US 41 to Magellan Drive
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3953680&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3953680&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 6721700
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.95607
  • Price per Sq Ft: 145.36
  • Close to Original List Price Ratio: 0.95607
  • Ratio: Current Price\Building Area Total: 145.36
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Split Bedroom, Stone Counters
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 209
  • Room Count: 9
  • Additional Rooms: Florida Room, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, Indoor
  • Exterior Features: French Doors, Lighting, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Bowlees Creek
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Road Surface Type: Paved
  • Water View: Canal, Creek
  • Water Access: Canal - Saltwater, Creek, Gulf/Ocean to Bay, Intracoastal Waterway
  • Water Extras: Lift, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 80
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 25
  • Association Fee Frequency: Annually
  • Association: No
  • Security: Security System Owned, Smoke Detector(s)
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 25
  • Total Monthly Fees: 2.08

Schools

  • Elementary School: Florine J. Abel Elementary
  • High School: Bayshore High
  • Middle Or Junior School: College Park Middle

Lot Info

  • Zoning: RSF3/H
  • Parcel Number: 6722800007
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Near Public Transit
  • Millage Rate: 16.56
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2012-04-27T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 1940
  • Tax Block: 47
  • Tax Book Number: 0333/0146

Multi Family

  • Waterfront Features: Canal - Saltwater, Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2025
Sold by
Lane Phillip M and Lane Vickie L
Bought by
Lanes Landing Llc
Current Estimated Value
$529,090

Purchase Details

Listed on
Jan 2, 2012
Closed on
Apr 27, 2012
Sold by
Wetenhall Phd John and Wetenhall Tanya D
Bought by
Lane Phillip M and Lane Vickie L
Seller's Agent
Linda Starcher, PA
RE/MAX ALLIANCE GROUP
Buyer's Agent
Sherry Flathman
WAGNER REALTY
List Price
$228,500
Sold Price
$228,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$182,800
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2002
Sold by
Driscoll Donald D
Bought by
Wetenhall John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,200
Interest Rate
6.67%
Source: Public Records

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lanes Landing Llc $100 None Listed On Document
Lane Phillip M $228,500 Barnes Walker Title Inc
Wetenhall John $164,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lane Phillip M $182,800
Previous Owner Wetenhall John $131,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2012 04/27/12 Sold $228,500 0.0% $145 / Sq Ft
04/02/2012 04/02/12 Pending -- -- --
01/02/2012 01/02/12 For Sale $228,500 -- $145 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $6,126 $414,525 $153,000 $261,525
2024 $6,126 $427,169 $153,000 $274,169
2023 $5,964 $430,112 $153,000 $277,112
2022 $5,337 $369,785 $130,000 $239,785
2021 $4,482 $283,924 $120,000 $163,924
2020 $4,354 $262,583 $110,000 $152,583
2019 $4,231 $252,677 $110,000 $142,677
2018 $4,486 $265,807 $110,000 $155,807
2017 $4,153 $257,419 $0 $0
2016 $3,888 $235,578 $0 $0
2015 $3,284 $220,593 $0 $0
2014 $3,284 $194,183 $0 $0
2013 $2,959 $173,378 $64,400 $108,978
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A3953680

Stellar MLS

APN: 67228-0000-7