NOT LISTED FOR SALE

355 Magellan Dr Sarasota, FL 34243

Estimated Value: $615,000 - $706,000

2 Beds
2.5 Baths
2,192 Sq Ft
$306/Sq Ft Est. Value

Sale Details

Date Sold: June 27, 2019

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

Est. 50% increase in value since last sale

Current estimated payment $3,998 / mo

18 Days on Market

Highlights

  • 65 Feet of Waterfront
  • Open Floorplan
  • Bonus Room
  • Dock made with wood
  • Canal View
  • Great Room

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.

Last Agent to Sell the Property

Madison Wells

LESLIE WELLS REALTY, INC. License #3265841 Listed on: 04/15/2019

Last Buyer's Agent

Raymond Turner

TURNER REAL ESTATE NETWORK License #3267990

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,594

Year Built

  • Built in 1958

Lot Details

  • 13,064 Sq Ft Lot
  • 65 Feet of Waterfront
  • Property fronts a saltwater canal
  • Southwest Facing Home
  • Fenced
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF3/HA/

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Bathroom In Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,192 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Bonus Room
  • Canal Views
  • Home Security System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Access to Saltwater Canal
  • Dock has access to water
  • Seawall
  • Dock made with wood

Location

  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Well
  • Cable TV Available

Community Details

  • Whitfield Ballentine Manor Association
  • Magellan Park Unit 2 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,594

Year Built

Built in 1958

Lot Details

0.3 Acres

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2192
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 1958
  • Building Area Total: 2843
  • Lot Size Sq Ft: 13064
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4433113&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4433113&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.99467
  • Price per Sq Ft: 204.15
  • Close to Original List Price Ratio: 0.99467
  • Ratio: Current Price\Building Area Total: 157.4
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Window Features: Blinds
  • Room Count: 6
  • Additional Rooms: Bonus Room, Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Fenced, Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Dock - Wood, Dock w/Electric, Dock w/Water Supply, Lift - Covered, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0312E
  • Waterfront Frontage: 65
  • Water Frontage Feet Canal Salt: 65
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Bath In Garage
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 30
  • Association Fee Frequency: Annually
  • Association Name: Whitfield Ballentine Manor Association
  • Association: Yes
  • Security: Security System
  • Senior Community: No
  • Association Email: marnie@callmarnie.com
  • Amenities Additional Fees: Optional HOA fee of $30 per year and allows members access to the Sara Bay Country Club for meals as well as, six association meetings per year, bi-monthly newsletter and neighborhood events.
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 30
  • Monthly HOA Fee: 2.5
  • Total Monthly Fees: 2.5

Lot Info

  • Zoning: RSF3/HA/
  • Parcel Number: 6729000007
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, In County
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: Buyer to verify with county
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Buyer should verify all leasing restrictions w/ county

Tax Info

  • Tax Annual Amount: 4594
  • Tax Book Number: 9-5
  • Tax Lot: 3

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2019
Closed on
Jun 21, 2019
Sold by
Bought by
Seller's Agent
Madison Wells
LESLIE WELLS REALTY, INC.
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
$670,899

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,399
Avg. Annual Appreciation
5.95%
Original Mortgage
$358,000
Outstanding Balance
$314,770
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$356,129

Purchase Details

Closed on
Sep 4, 2015
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Feb 28, 1997
Sold by
Bought by

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
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$447,500 Attorney
$372,000 Attorney
$175,000 --
$141,000 --
$140,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $358,000
Previous Owner $296,000
Previous Owner $112,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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
Source: Stellar MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,447 $333,275 -- --
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

    LESLIE WELLS REALTY, INC.

    (941) 405-6917

    90 Total Sales

    Madison Wells
    Section Image
  • Raymond Turner

    Buyer's Agent in 2019

    Raymond Turner

    TURNER REAL ESTATE NETWORK

    (941) 447-5979

    25 Total Sales

    Raymond Turner
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4433113

Stellar MLS

APN: 67290-0000-7

Florida Manatee County Sarasota 34243

355 Magellan Dr, Sarasota, FL

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Stellar MLS All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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