NOT LISTED FOR SALE

355 Magellan Dr Sarasota, FL 34243

Estimated Value: $577,000 - $748,000

2 Beds
3 Baths
2,192 Sq Ft
$303/Sq Ft Est. Value

Last Sold June 27, 2019

Last sale price $447,500 $204 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,904/month

About This Home

As of June 2019

Live the lifestyle you’ve been dreaming of! Perfectly situated right on the canal this fabulous home offers beautiful living spaces and easy boating access to Sarasota Bay. Even better, this home sits right across from Sara Bay Country Club which boasts a Donald Ross designed 18-hole golf course. Inside the home luxurious features include, detailed wood ceilings, beautiful built-in shelving, hardwood, marble, and tile floors, and quality fixtures throughout. Dine, relax and entertain in style. Every chef’s dream the updated kitchen boasts sparkling granite countertops, premium stainless-steel appliances, gorgeous cabinets, and ambient lighting. Enjoy lots of space for additional storage as well as a half bathroom in the garage. Newly added gorgeous lush landscaping with lovely LED lighting adds further beauty to the home’s exterior. a Over $30K in pavers- driveway & the walkway that leads down to the 12,000 LB boat lift .Recently dredged, the canal provides easy access to the intracoastal and just a short trip to Longboat Key ,luxurious living is at your fingertips. Nearby US 41 makes this ideal for the commuter to downtown Sarasota. Plenty of shopping & dining options nearby & minutes away from the Sarasota Airport.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2019
Closed on
Jun 21, 2019
Sold by
Owens Kevin
Bought by
Schott Matthew J and Schott Rosa
Seller's Agent
Madison Wells
COMPASS FLORIDA LLC
Buyer's Agent
Raymond Turner
TURNER REAL ESTATE NETWORK
List Price
$449,900
Sold Price
$447,500
Premium/Discount to List
-$2,400
-0.53%
Current Estimated Value
$665,126

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,626
Avg. Annual Appreciation
6.65%
Original Mortgage
$358,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 4, 2015
Sold by
Jones Michael and Jones Dennis Michael
Bought by
Owens Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 1998
Sold by
Hitchcock Patricia S and Hitchcock Robert E
Bought by
Jones D Michael

Purchase Details

Closed on
Feb 28, 1997
Sold by
Freedom Vilalge Ltd
Bought by
Hitchcock Robert E and Hitchcock Patricia S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,800
Interest Rate
7.9%

Purchase Details

Closed on
Sep 5, 1996
Sold by
Graham Mildred A and Petrie Mildred A
Bought by
Freedom Village Ltd
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Schott Matthew J $447,500 Attorney
Owens Kevin $372,000 Attorney
Jones D Michael $175,000 --
Hitchcock Robert E $141,000 --
Freedom Village Ltd $140,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schott Matthew J $178,000
Open Schott Matthew J $295,000
Closed Schott Matthew J $358,000
Previous Owner Owens Kevin $296,000
Previous Owner Jones D Michael $150,000
Previous Owner Jones D Michael $155,000
Previous Owner Jones D Michael $100,000
Previous Owner Jones D Michael $155,000
Previous Owner Hitchcock Robert E $112,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2019 06/27/19 Sold $447,500 -0.5% $204 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $449,900 -- $205 / Sq Ft

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 $4,447 $323,882 -- --
2023 $4,382 $314,449 $0 $0
2022 $4,263 $305,290 $0 $0
2021 $4,083 $296,398 $0 $0
2020 $4,208 $292,306 $0 $0
2019 $4,569 $312,682 $110,000 $202,682
2018 $4,594 $311,156 $0 $0
2017 $4,277 $304,756 $0 $0
2016 $4,265 $298,488 $0 $0
2015 $2,634 $192,494 $0 $0
2014 $2,634 $190,966 $0 $0
2013 $2,579 $188,144 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Madison Wells

    Seller's Agent in 2019

    Madison Wells

    COMPASS FLORIDA LLC

    (941) 405-6917

    1 in this area

    102 Total Sales

    Section Image
  • Raymond Turner

    Buyer's Agent in 2019

    Raymond Turner

    TURNER REAL ESTATE NETWORK

    (941) 447-5979

    42 Total Sales

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Map

Florida Manatee County Sarasota 34243

355 Magellan Dr, Sarasota, FL

This home is located at 355 Magellan Dr, Sarasota, FL 34243 and is currently estimated at $663,782, approximately $302 per square foot. 355 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.

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