NOT LISTED FOR SALE

347 Magellan Dr Sarasota, FL 34243

Estimated Value: $549,000 - $670,000

3 Beds
3 Baths
1,580 Sq Ft
$375/Sq Ft Est. Value

Last Sold June 06, 2013

Last sale price $272,000 $172 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $3,576/month

43 Days on Market

Highlights

  • 72 Feet of Waterfront
  • Solar Heated Indoor Pool
  • Deck
  • Golf Course Community
  • Canal View
  • Ranch Style House

About This Home

As of June 2013

Deep water 3/3 canal front pool home. Entertain with friends in your spacious, screened lanai with a solar-heated pool & spa that overlooks tranquil water views of Bowlees Creek. Two sets of fully extended sliding glass doors make this great entertainment home. Dock your boat minutes to Sarasota Bay or watch the Manatees from your back yard along the double-terraced seawall and entertainment pad. Across from the historic Donald Ross designed SaraBay Country Club and midway between Sarasota & Bradenton.New barrel roof in 2007, energy efficient 13-SEER A/C in 2012, & hurricane panels for windows. Bring your decorating ideas and get ready to enjoy your new life of Florida waterfront living!

Last Agent to Sell the Property

Norm Luppino

License #3246972 Listed on: 03/01/2013

Last Buyer's Agent

Pat McClary

FLORIDA REAL ESTATE TEAM, INC. License #0641861

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,135

Year Built

  • Built in 1964

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 72.0x164.0
  • 72 Feet of Waterfront
  • Property fronts a saltwater canal
  • Unincorporated Location
  • South Facing Home
  • Property is zoned RSF3/H

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Bathroom In Garage
  • Garage Door Opener
  • Open Parking

Home Design

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

Interior Spaces

  • 1,580 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Family Room Off Kitchen
  • L-Shaped Dining Room
  • Formal Dining Room
  • Canal Views
  • Security System Owned
  • Attic

Kitchen

  • Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Terrazzo

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Solar Heated Indoor Pool
  • Screened Pool
  • Saltwater Pool
  • Spa
  • Fence Around Pool

Outdoor Features

  • Access to Saltwater Canal
  • Seawall
  • Deck
  • Covered Patio or Porch

Schools

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

Utilities

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

Additional Features

  • Well Sprinkler System
  • Flood Zone Lot

Listing and Financial Details

Community Details

Overview

  • Magellan Park Community
  • Magellan Park Unit 2 Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,135

Year Built

Built in 1964

Lot Details

0

HOA Fees

$2 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1580
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1964
  • Building Area Total: 2741
  • Lot Size Sq Ft: 11953
  • Directions to Property: US 41, east on Magellan Drive, travel 1/2 mile on north side, across from Willow St.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5835727&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5835727&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 6728300
  • Call Center Phone Number: 941-565-4377
  • Ratio: Close Price\List Price: 0.92203
  • Price per Sq Ft: 172.15
  • Close to Original List Price Ratio: 0.90667
  • Ratio: Current Price\Building Area Total: 99.23
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Estimated
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Terrazzo
  • Full Bathrooms: 3
  • Interior Amenities: Attic, Ceiling Fans(s), Kitchen/Family Room Combo, L Dining, Master Bedroom Main Floor
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Microwave Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 347
  • Room Count: 8
  • Additional Rooms: Attic, Formal Dining Room Separate
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Direction Faces: South
  • Pool Features: Heated, Indoor, Salt Water, Screen Enclosure, Solar Heat
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Bowlees Creek
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 72
  • Disclosures: Lead Paint

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Bath In Garage, Garage Door Opener, In Garage
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Public, Sprinkler Recycled, Sprinkler Well, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Golf, Waterfront Complex
  • Association Fee: 25
  • Association Fee Frequency: Annually
  • Association: No
  • Security: Security System Owned
  • Association Fee Requirement: Optional

Fee Information

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

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: 6728600005
  • Additional Parcels: No
  • Lot Features: FloodZone, In County, Unincorporated
  • Lot Dimensions: 72.0X164.0
  • Millage Rate: 16.19
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2013-06-06T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 2135
  • Tax Book Number: 0009/0054
  • Tax Lot: 2

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2013
Closed on
Jun 7, 2013
Sold by
Streich Rudolf A
Bought by
Mcbrine Troy A and Mcbrine Kerry M
Seller's Agent
Norm Luppino
Buyer's Agent
Pat McClary
FLORIDA REAL ESTATE TEAM, INC.
List Price
$300,000
Sold Price
$272,000
Premium/Discount to List
-$28,000
-9.33%
Current Estimated Value
$598,518

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$326,518
Avg. Annual Appreciation
6.60%
Original Mortgage
$217,600
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 23, 2010
Sold by
Streich Rudolf A
Bought by
Streich Rudolf A
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
Mcbrine Troy A $272,000 Barnes Walker Title Inc
Streich Rudolf A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcbrine Troy A $189,100
Closed Mcbrine Troy A $35,000
Closed Mcbrine Troy A $217,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2013 06/06/13 Sold $272,000 -7.8% $172 / Sq Ft
04/14/2013 04/14/13 Pending -- -- --
04/09/2013 04/09/13 Price Changed $295,000 -1.7% $187 / Sq Ft
03/01/2013 03/01/13 For Sale $300,000 -- $190 / 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 $3,754 $276,662 -- --
2023 $3,694 $268,604 $0 $0
2022 $3,589 $260,781 $0 $0
2021 $3,433 $253,185 $0 $0
2020 $3,536 $249,689 $0 $0
2019 $3,474 $244,075 $0 $0
2018 $3,436 $239,524 $0 $0
2017 $3,194 $234,597 $0 $0
2016 $3,120 $225,893 $0 $0
2015 $3,148 $224,323 $0 $0
2014 $3,148 $222,543 $0 $0
2013 $2,180 $163,936 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2013

    Norm Luppino

  • P

    Buyer's Agent in 2013

    Pat McClary

    FLORIDA REAL ESTATE TEAM, INC.

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Map

Source: Stellar MLS

MLS Number: M5835727

Stellar MLS

APN: 67286-0000-5

Florida Manatee County Sarasota 34243

347 Magellan Dr, Sarasota, FL

This home is located at 347 Magellan Dr, Sarasota, FL 34243 since 01 March 2013 and is currently estimated at $592,575, approximately $375 per square foot. This property was built in 1964. 347 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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