$730,000
SOLD JAN 11, 2021

331 Magellan Dr Sarasota, FL 34243

3 Beds
3 Baths
2,441 Sq Ft
0.26 Acres

Recently Sold

$299 Per Sq Ft

8% Below List Price

13 Days on Market

Highlights

  • Water Views
  • Golf Course Community
  • Screened Pool
  • Boat Dock
  • Water Access
  • Open Floorplan

About This Home

As of January 2021

Live like you're on vacation 365 days a year, a complete boaters dream! Waterfront property in Sarasota is more rare then ever, come see this home while you still can! Enjoy this immaculately kept spacious home just minutes from downtown and a short drive to Gulf beaches. The bedrooms are all very nicely sized en suites, with one of the bedrooms having their own separate entrance and can be used as a mother-daughter in law suite! Both the master and living room overlook the water and your private dock which has a 15,000lb two year old boat lift and boat lift canopy! Completely redone landscaping with immaculate lighting which make your dreams become a luxury reality when the sun goes down. Newly installed and resealed pavers wrap around the entire backyard and surround the 35x20 pool which is in great shape. There is a large carport that has plenty of parking! Plantation shutters and ceramic tile throughout the house with completely redone modern/contemporary bathrooms. Come walk through this house and see what living in paradise is like before its gone!

Last Agent to Sell the Property

Haylee Plicinski

CLEAR BLUE SKY REAL ESTATE License #3403432 Listed on: 11/18/2020

Co-Listed By

Chelie Plicinski

CLEAR BLUE SKY REAL ESTATE License #3104051

Last Buyer's Agent

Debbie McHardy

COLDWELL BANKER REALTY License #3470961

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,421

Year Built

  • Built in 1959

Lot Details

  • 0.26 Acre Lot
  • Lot Dimensions are 73x158
  • Property fronts a saltwater canal
  • South Facing Home
  • Well Sprinkler System
  • Property is zoned RSF3/HA/

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 2,441 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Shutters
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • Water Views

Kitchen

  • Eat-In Kitchen
  • Range<<rangeHoodToken>>
  • Recirculated Exhaust Fan
  • <<microwave>>
  • Freezer
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Parking

  • 2 Carport Spaces
  • Oversized Parking
  • Driveway

Pool

  • Screened Pool
  • In Ground Pool
  • Heated Spa
  • Gunite Pool
  • Above Ground Spa
  • Fence Around Pool
  • Pool Lighting

Outdoor Features

  • Water Access
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Well
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 8
  • Assessor Parcel Number 6727900000

Community Details

Overview

  • Magellan Park Community
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Boat Dock
  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,421

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Water Extras: Dock - Wood, Dock w/Electric, Dock w/Water Supply, Fishing Pier, Lift, Lift - Covered, Seawall - Concrete
  • Water View: Yes
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 2441.00
  • Homestead: Yes
  • Lot Size Acres: 0.26
  • Year Built: 1959
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4483976?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4483976?w=Customer
  • Lot Size Sq Ft: 11535
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4483976?w=PubMLS
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 7
  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Open Floorplan, Solid Wood Cabinets, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Range, Refrigerator, Washer, Whole House R.O. System
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Above Ground, Heated
  • Spa Yn: Yes
  • Stories: 1
  • Window Features: Blinds, Shutters
  • Living Area Meters: 226.78

Exterior Features

  • Direction Faces: South
  • Water Extras: Yes
  • Waterfront Feet Salt Water Canal: 75
  • Water Access: Canal - Saltwater
  • Pool Features: Gunite, In Ground, Lighting, Screen Enclosure
  • Exterior Features: Irrigation System, Lighting, Rain Gutters, Sliding Doors, Sprinkler Metered, Storage
  • Roof: Shingle
  • Water View: Canal
  • Flood Zone Code: AE
  • Water Access: Yes
  • Pool Private: Yes
  • Water Body Name: BOWLESS CREEK
  • Waterfront: Yes

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Parking Features: Driveway, Oversized

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Available, Sprinkler Well, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Sewer: Public Sewer
  • Water Source: Private, Public, Well
  • Number Of Wells: 1

Condo/Co-op/Association

  • S W Subdiv Community Name: Magellan Park
  • Community Features: Golf Carts OK, Golf, Water Access
  • Association Amenities: Dock, Golf Course
  • Security: Fire Alarm, Security System Owned

Fee Information

  • Waterfront Frontage: 75

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Zoning: RSF3/HA/
  • Parcel Number: 6727900000
  • Lot Dimensions: 73x158
  • Lot Size Square Meters: 1072

Rental Info

  • Minimum Lease: No Minimum
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 4420.59
  • Tax Book Number: 9-52
  • Tax Lot: 8

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Jan 11, 2021
Sold by
Draganov Nickolas and Draganov Nickolas
Bought by
Cochrane Ivan R and Cochrane Kelly
Seller's Agent
Haylee Plicinski
CLEAR BLUE SKY REAL ESTATE
Buyer's Agent
Debbie McHardy
COLDWELL BANKER REALTY
List Price
$795,000
Sold Price
$730,000
Premium/Discount to List
-$65,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.78%
Original Mortgage
$350,000
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2017
Sold by
Draganov Nickolas Dee
Bought by
Revoca Draganov Nickolas Dee and Revoca Nickolas Dee Draganov S

Purchase Details

Closed on
Jan 6, 2017
Sold by
Stayner Kathleen Wiggs
Bought by
Draganov Nickolas D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,600
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 20, 2011
Sold by
First Federal Bank Of Florida
Bought by
Wiggs Stayner Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,941
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 28, 2010
Sold by
Trapp Gary D and Gary D Trapp Revocable Living
Bought by
First Federal Bank Of Florida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,941
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 23, 2008
Sold by
Trapp Gary D
Bought by
Trapp Gary D and Gary D Trapp Revocable Living

Purchase Details

Closed on
May 14, 2007
Sold by
Prendergast Barbara J and Prendergast Stephen J
Bought by
Trapp Gary and Miner Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $730,000 Properties Title Llc
Interfamily Deed Transfer -- Attorney
Warranty Deed $499,500 Attorney
Corporate Deed $239,000 Attorney
Trustee Deed -- None Available
Interfamily Deed Transfer -- Attorney
Warranty Deed $400,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $510,000 New Conventional
Closed $350,000 New Conventional
Previous Owner $372,050 New Conventional
Previous Owner $63,950 Commercial
Previous Owner $399,600 New Conventional
Previous Owner $228,000 New Conventional
Previous Owner $232,941 FHA
Previous Owner $50,000 Credit Line Revolving
Previous Owner $300,000 Purchase Money Mortgage
Previous Owner $300,000 Stand Alone First
Previous Owner $215,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/01/2024 11/01/24 Price Changed $8,800 -10.2% $3 / Sq Ft
10/10/2024 10/10/24 Price Changed $9,800 -24.6% $4 / Sq Ft
10/03/2024 10/03/24 For Rent $13,000 0.0% --
01/11/2021 01/11/21 Sold $730,000 -8.2% $299 / Sq Ft
12/01/2020 12/01/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $795,000 -- $326 / 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
2024 $10,202 $716,143 -- --
2023 $9,007 $622,610 $0 $0
2022 $8,789 $604,476 $0 $0
2021 $4,358 $314,683 $0 $0
2020 $4,493 $310,338 $0 $0
2019 $4,421 $303,361 $110,000 $193,361
2018 $4,890 $329,462 $110,000 $219,462
2017 $3,082 $227,347 $0 $0
2016 $3,069 $222,671 $0 $0
2015 $3,096 $221,123 $0 $0
2014 $3,096 $219,368 $0 $0
2013 $3,031 $216,126 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4483976

Stellar MLS

APN: 67279-0000-0