NOT LISTED FOR SALE

221 Magellan Dr Sarasota, FL 34243

Estimated Value: $585,000 - $676,000

3 Beds
2 Baths
1,734 Sq Ft
$364/Sq Ft Est. Value

Last Sold May 29, 2021

Last sale price $482,500 $278 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,976/month

7 Days on Market

Highlights

  • 12 Feet of Waterfront
  • Canal View
  • Wood Flooring
  • Water access To Gulf or Ocean
  • Deck
  • No HOA

About This Home

As of May 2021

Don’t miss out on owning your own waterfront retreat on Bowlee’s Creek. If you love easy quick direct access to Sarasota Bay and Gulf of Mexico look no further. Home is centrally located minutes from Downtown Sarasota, Downtown Bradenton and Gulf beaches. Cruise over to a Tiki bar, 2 full service marinas, and gas dock all within 1/4 mile! This bright 3 bedroom 2 bath plus den home is great for entertaining.

Last Agent to Sell the Property

Ryan Rupp

COMPASS FLORIDA LLC License #3400901 Listed on: 04/21/2021

COMPASS FLORIDA LLC

Last Buyer's Agent

Robert Sherman

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3099603

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,201

Year Built

  • Built in 1950

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 80x135
  • 12 Feet of Waterfront
  • Property fronts a saltwater canal
  • South Facing Home
  • Fenced
  • Property is zoned RSF3/HA/

Parking

  • Circular Driveway

Home Design

  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,734 Sq Ft Home
  • 1-Story Property
  • Canal Views

Kitchen

  • Convection Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • Access to Saltwater Canal
  • Seawall
  • Deck
  • Outdoor Storage
  • Front Porch

Schools

  • Florine J. Abel Elementary School
  • Electa Arcotte Lee Magnet Middle School
  • Southeast High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Whitfield Estates Community
  • Whitfield Estates On Sarasota Bay Blks Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,201

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1734
  • Lot Size Acres: 0.25
  • New Construction: No
  • Year Built: 1950
  • Building Area Total: 1974
  • Lot Size Sq Ft: 10799
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4497454?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4497454?w=Customer
  • Floor Number: 1
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96693
  • Price per Sq Ft: 278.26
  • Close to Original List Price Ratio: 0.96693
  • Ratio: Current Price\Building Area Total: 244.43
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Split Bedroom
  • Appliances Included: Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Exterior Features: Fenced, Storage
  • Roof: Metal
  • Pool Private: No
  • View: Water
  • Water Body Name: Bowlee's Creek
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Front Porch
  • Road Surface Type: Asphalt
  • Water View: Canal
  • Water Access: Canal - Saltwater, Gulf/Ocean, Intracoastal Waterway
  • Water Extras: Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 12
  • Water Frontage Feet Canal Salt: 12
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Circular Driveway, Driveway
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Canal/Lake For Irrigation
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Florine J. Abel Elementary
  • High School: Southeast High
  • Middle Or Junior School: Electa Arcotte Lee Magnet

Lot Info

  • Zoning: RSF3/HA/
  • Parcel Number: 6723700008
  • Additional Parcels: No
  • Lot Dimensions: 80x135
  • Flood Zone Code: AE

Rental Info

  • Furnished: Negotiable
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2201.46
  • Tax Block: 47
  • Tax Book Number: 6-37;
  • Tax Lot: 0

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 25, 2021
Sold by
Pichette Michele A and Pichette Michele Ann
Bought by
Magellan 2 Llc
Seller's Agent
Ryan Rupp
COMPASS FLORIDA LLC
Buyer's Agent
Robert Sherman
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$499,000
Sold Price
$482,500
Premium/Discount to List
-$16,500
-3.31%
Current Estimated Value
$633,784

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,284
Avg. Annual Appreciation
6.26%

Purchase Details

Closed on
May 15, 2019
Sold by
Pichette John S and Pichette John Sheldon
Bought by
Ann Piehette Michele A and Ann Piehette Michele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2004
Sold by
Jaskol Francis G
Bought by
Pichette John S and Pichette Michele A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 16, 2001
Sold by
Jaskol Francis G and Jaskol Victoria P
Bought by
Jaskol Francis G
Source: Public Records

Range of Values:

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Average Value
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List Price
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
Magellan 2 Llc $482,500 Attorney
Ann Piehette Michele A -- Bridgetrust Title Group
Pichette John S $250,000 Barnes Walker Title Inc
Jaskol Francis G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ann Piehette Michele A $320,000
Previous Owner Pichette John S $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/29/2021 05/29/21 Sold $482,500 -3.3% $278 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/19/2021 04/19/21 For Sale $499,000 -- $288 / 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 $7,700 $516,138 $153,000 $363,138
2024 $7,700 $506,326 $153,000 $353,326
2023 $7,173 $462,988 $153,000 $309,988
2022 $6,596 $420,287 $130,000 $290,287
2021 $2,144 $167,459 $0 $0
2020 $2,201 $165,147 $0 $0
2019 $2,281 $162,313 $0 $0
2018 $1,545 $122,565 $0 $0
2017 $1,426 $120,044 $0 $0
2016 $1,412 $117,575 $0 $0
2015 $1,414 $116,758 $0 $0
2014 $1,414 $115,831 $0 $0
2013 $1,382 $114,119 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4497454

Stellar MLS

APN: 67237-0000-8