NOT LISTED FOR SALE

242 Magellan Dr Sarasota, FL 34243

Estimated Value: $393,000 - $467,000

3 Beds
3 Baths
1,725 Sq Ft
$242/Sq Ft Est. Value

Last Sold April 19, 2013

Last sale price $137,000 $79 Per Sq Ft

Est. 205% increase in value since last sale

Current estimated payment $2,661/month

88 Days on Market

Highlights

  • Property is near public transit
  • Ranch Style House
  • No HOA
  • Living Room with Fireplace
  • Solid Surface Countertops
  • Mature Landscaping

About This Home

As of April 2013

Charming remodeled 3 bedroom/2 bath home in desirable Whitfield Estates area. This unique home has a deco feel when you drive up to the circular front. Inside the home features beautiful tile floors and a fireplace in the main living room. Be the firstto eat-in the kitchen which has granite counters, new cabinets and appliances. There are plenty of places to retreat for everyone in the family with 2 Florida rooms and a covered lanai. The back yard provides a private setting, fenced in yard, hot tuband a storage area or work shop. Plenty of room to build a pool, store a boat or a motorhome. There is an oversized double door garage for all the cars and toys. Home is conveniently located halfway between downtown Bradenton and downtown Sarasota. Three blocks to the Bay & located only minutes away from New College, the USF Sarasota Campus, Ringling School of Art and Design, and the SRQ Airport. This is not going to last long at this affordable price! New roof with transferrable 25 year guaranty andnew AC compressor being installed on Monday!

Last Agent to Sell the Property

Marc Pelletz

RELAX REALTY GROUP INC License #0608183 Listed on: 01/12/2013

Last Buyer's Agent

Dawn Deal Sutton

BRIGHT REALTY License #3104012

BRIGHT REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $867

Year Built

  • Built in 1953

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 108.0x140.0
  • North Facing Home
  • Mature Landscaping
  • Well Sprinkler System
  • Landscaped with Trees
  • Property is zoned RSF3/H

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Circular Driveway

Home Design

  • Ranch Style House
  • Florida Architecture
  • Slab Foundation
  • Metal Roof
  • Block Exterior

Interior Spaces

  • 1,725 Sq Ft Home
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Living Room with Fireplace
  • Inside Utility
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Enclosed Patio or Porch
  • Separate Outdoor Workshop

Location

  • Property is near public transit

Schools

  • Florine J. Abel Elementary School
  • Sara Scott Harllee Middle School
  • Southeast High School

Utilities

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

Community Details

  • No Home Owners Association
  • Whitfield Acres Community
  • Whitfield Ests Ctd Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$867

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Ranch
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1725
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1953
  • Building Area Total: 2623
  • Lot Size Sq Ft: 15120
  • Directions to Property: From 41, go east on Magellan which is just north of Whitfield Ave, house on right
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3971479&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A3971479&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: 6712700
  • Ratio: Close Price\List Price: 0.91469
  • Price per Sq Ft: 79.42
  • Close to Original List Price Ratio: 0.88451
  • Ratio: Current Price\Building Area Total: 52.23
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Owner
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Master Bedroom Main Floor, Solid Surface Counters, Solid Wood Cabinets
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Window Features: Blinds
  • Street Number Modifier: 242
  • Room Count: 7
  • Additional Rooms: Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: North
  • Other Structures: Workshop
  • Roof: Metal
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Public, Sprinkler Well
  • 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

  • Association: No
  • Association Fee Requirement: Optional

Schools

  • Elementary School: Florine J. Abel Elementary
  • High School: Southeast High
  • Middle Or Junior School: Sara Scott Harllee Middle

Lot Info

  • Zoning: RSF3/H
  • Parcel Number: 6716700007
  • Additional Parcels: No
  • Lot Features: In County, Near Public Transit
  • Lot Dimensions: 108.0X140.0
  • Millage Rate: 16.19
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Expected Lease Date: 2013-04-19T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 867
  • Tax Block: 50
  • Tax Book Number: 0004/0023
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 7, 2019
Sold by
2019 1 Ih Borrower Lp
Bought by
2019 1 H Borrower Lp
Current Estimated Value
$417,663

Purchase Details

Closed on
Nov 3, 2016
Sold by
Fetlar Llc
Bought by
Csh 2016-2 Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,285
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 2016
Bought by
Csh 2016-2 Borrower Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$611,285
Interest Rate
3.48%
Mortgage Type
Commercial

Purchase Details

Listed on
Jan 12, 2013
Closed on
Apr 19, 2013
Sold by
Nsf Development Llc
Bought by
Fellcroft Llc
Seller's Agent
Marc Pelletz
RELAX REALTY GROUP INC
Buyer's Agent
Dawn Deal Sutton
BRIGHT REALTY
List Price
$152,789
Sold Price
$137,000
Premium/Discount to List
-$15,789
-10.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.56%

Purchase Details

Listed on
May 3, 2012
Closed on
Nov 20, 2012
Sold by
Mcclure Michael S and Mcclure Mary H
Bought by
Nsf Development Llc
Seller's Agent
Nick Flerlage
NEXTHOME SUNCOAST
Buyer's Agent
Livya Hament
PREFERRED SHORE LLC
List Price
$99,900
Sold Price
$82,000
Premium/Discount to List
-$17,900
-17.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
249.68%
Original Mortgage
$60,000
Interest Rate
3.4%
Mortgage Type
Balloon

Purchase Details

Closed on
Mar 29, 2002
Sold by
Velliquette Stephen J and Velliquette Stacie D
Bought by
Mcclure Michael S and Mcclure Mary H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 1996
Sold by
Land Pamela and Lutz Doris M
Bought by
Velliquette Stephen J and Velliquette Stacie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,100
Interest Rate
7.83%
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
2019 1 H Borrower Lp -- Os National Llc
Csh 2016-2 Borrower Llc -- None Available
Csh 2016-2 Borrower Llc $100 --
Fellcroft Llc $137,000 Attorney
Nsf Development Llc $82,000 Alliance Group Title Llc
Mcclure Michael S $150,000 --
Velliquette Stephen J $74,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Csh 2016-2 Borrower Llc $611,285
Previous Owner Nsf Development Llc $60,000
Previous Owner Mcclure Michael S $200,000
Previous Owner Mcclure Michael $33,000
Previous Owner Mcclure Michael S $140,000
Previous Owner Velliquette Stephen J $34,000
Previous Owner Velliquette Stephen J $71,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2013 04/19/13 Sold $137,000 -8.5% $79 / Sq Ft
04/10/2013 04/10/13 Pending -- -- --
04/06/2013 04/06/13 Price Changed $149,777 -2.0% $87 / Sq Ft
04/05/2013 04/05/13 For Sale $152,789 0.0% $89 / Sq Ft
03/29/2013 03/29/13 Pending -- -- --
03/22/2013 03/22/13 Price Changed $152,789 -1.3% $89 / Sq Ft
03/13/2013 03/13/13 For Sale $154,789 0.0% $90 / Sq Ft
02/21/2013 02/21/13 Pending -- -- --
02/21/2013 02/21/13 Price Changed $154,789 +3.3% $90 / Sq Ft
02/15/2013 02/15/13 Price Changed $149,777 -1.9% $87 / Sq Ft
02/03/2013 02/03/13 Price Changed $152,678 -0.7% $89 / Sq Ft
02/01/2013 02/01/13 Price Changed $153,777 0.0% $89 / Sq Ft
01/30/2013 01/30/13 For Sale $153,789 0.0% $89 / Sq Ft
01/23/2013 01/23/13 Pending -- -- --
01/19/2013 01/19/13 Price Changed $153,789 -0.7% $89 / Sq Ft
01/11/2013 01/11/13 For Sale $154,888 +88.9% $90 / Sq Ft
11/20/2012 11/20/12 Sold $82,000 -17.9% $49 / Sq Ft
09/21/2012 09/21/12 Pending -- -- --
05/03/2012 05/03/12 For Sale $99,900 -- $60 / 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 $4,678 $289,242 -- --
2024 $4,678 $350,094 $97,325 $252,769
2023 $4,404 $326,767 $76,500 $250,267
2022 $3,991 $288,791 $75,000 $213,791
2021 $3,183 $197,556 $55,000 $142,556
2020 $3,083 $182,033 $40,000 $142,033
2019 $3,049 $178,602 $40,000 $138,602
2018 $2,973 $172,218 $40,000 $132,218
2017 $2,643 $160,337 $0 $0
2016 $2,463 $146,114 $0 $0
2015 $2,104 $131,394 $0 $0
2014 $2,104 $119,687 $0 $0
2013 $1,480 $81,857 $25,000 $56,857
Source: Public Records

Agents Affiliated with this Home

  • Marc Pelletz

    Seller's Agent in 2013

    Marc Pelletz

    RELAX REALTY GROUP INC

    (941) 809-3869

    2 in this area

    60 Total Sales

    Marc Pelletz
    Section Image

  • D

    Buyer's Agent in 2013

    Dawn Deal Sutton

    BRIGHT REALTY

    (941) 735-2907

    10 Total Sales

    Dawn Deal Sutton
    Section Image
  • Nick Flerlage

    Seller's Agent in 2012

    Nick Flerlage

    NEXTHOME SUNCOAST

    (941) 882-2229

    139 Total Sales

    Nick Flerlage
    Section Image
  • Beth Flerlage

    Seller Co-Listing Agent in 2012

    Beth Flerlage

    NEXTHOME SUNCOAST

    (941) 232-6809

    76 Total Sales

    Beth Flerlage
    Section Image
  • Livya Hament

    Buyer's Agent in 2012

    Livya Hament

    PREFERRED SHORE LLC

    (941) 349-4411

    7 in this area

    47 Total Sales

    Livya Hament
    Section Image
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Map

Source: Stellar MLS

MLS Number: A3971479

Stellar MLS

APN: 67167-0000-7

Florida Manatee County Sarasota 34243

242 Magellan Dr, Sarasota, FL

This home is located at 242 Magellan Dr, Sarasota, FL 34243 since 12 January 2013 and is currently estimated at $417,663, approximately $242 per square foot. This property was built in 1953. 242 Magellan Dr is a home located in Manatee County with nearby schools including Florine J. Abel Elementary School, Electa Lee Magnet Middle School, and Southeast High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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