NOT LISTED FOR SALE

401 Magellan Dr Sarasota, FL 34243

Estimated Value: $357,000 - $455,000

3 Beds
2 Baths
1,408 Sq Ft
$277/Sq Ft Est. Value

Last Sold July 06, 2022

Last sale price $395,000 $281 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,476/month

20 Days on Market

Highlights

  • Parking available for a boat
  • Corner Lot
  • Den
  • Midcentury Modern Architecture
  • High Ceiling
  • Family Room Off Kitchen

About This Home

As of July 2022

Location, Location, Location. This home is located in the highly sought after area of Whitfield. Located on a large corner lot next to the Historic Sara Bay Country Club. This Midcentury Modern gem has 3 bedrooms, 2 full baths and office. This bright and airy home with high vaulted ceilings has lots of natural light and skylights in several rooms. Primary bedroom has french doors leading to the patio, onsuite bath and walk in closet. Roof replaced 2021, freshly painted exterior. Oversized garage has plenty of room for your toys - golf cart, motorcycles etc. Additional fenced parking pad on side of garage. This home is located close to downtown Sarasota, Ringling Museum, great shopping areas, restaurants and, of course, the beautiful Gulf Coast beaches.

Last Agent to Sell the Property

Sara Edgerton

License #3482054 Listed on: 05/06/2022

Last Buyer's Agent

Lisa Sparks

JASON MITCHELL REAL ESTATE FLO License #3323334

JASON MITCHELL REAL ESTATE FLO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,097

Year Built

  • Built in 1957

Lot Details

  • 10,119 Sq Ft Lot
  • Lot Dimensions are 92x110
  • South Facing Home
  • Corner Lot
  • Irrigation
  • Property is zoned RSF3/WR

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Oversized Parking
  • Driveway
  • Parking available for a boat

Home Design

  • Midcentury Modern Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Membrane Roofing
  • Stucco

Interior Spaces

  • 1,408 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights
  • Blinds
  • French Doors
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Concrete
  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Bathroom
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Location

  • Flood Zone Lot
  • Property is near a golf course

Schools

  • Florine J. Abel Elementary School
  • Electa Arcotte Lee Magnet Middle School
  • Southeast High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet

Community Details

  • Marnie Matarese Association, Phone Number (941) 809-8099
  • Whitfield Estates Community
  • Magellan Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,097

Year Built

Built in 1957

Lot Details

0

HOA Fees

$3 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mid-Century Modern
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 1408
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1957
  • Lot Size Sq Ft: 10119
  • Status: Sold
  • Ownership: Fee Simple
  • Escrow City: Sarasota
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 280.54
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: High Ceilings, Kitchen/Family Room Combo, Master Bedroom Main Floor, Skylight(s), Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 130.81

Exterior Features

  • Direction Faces: South
  • Exterior Features: French Doors, Irrigation System
  • Roof: Membrane
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Boat, Driveway, Oversized

Utilities

  • Utilities: BB/HS Internet Available, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 30
  • Association Fee Frequency: Annually
  • Association Name: Marnie Matarese
  • Phone: 941-809-8099
  • Association: Yes
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional
  • Association Email: marnie@callmarnie.com

Fee Information

  • Total Annual Fees: 30.00
  • Total Monthly Fees: 2.50
  • Monthly HOA Amount: 2.50

Schools

  • Elementary School: Florine J. Abel Elementary
  • High School: Southeast High
  • Middle Or Junior School: Electa Arcotte Lee Magnet

Lot Info

  • Zoning: RSF3/WR
  • Parcel Number: 6730900005
  • Additional Parcels: No
  • Lot Features: Corner Lot, FloodZone, Near Golf Course
  • Lot Dimensions: 92x110
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 3097.25
  • Tax Book Number: 9-5
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2022
Closed on
Jul 6, 2022
Sold by
Edgerton James D
Bought by
Flaxenburg Alexander
Seller's Agent
Sara Edgerton
Buyer's Agent
Lisa Sparks
JASON MITCHELL REAL ESTATE FLO
List Price
$395,000
Sold Price
$395,000
Current Estimated Value
$390,405

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,595
Avg. Annual Appreciation
-0.35%
Original Mortgage
$375,250
Outstanding Balance
$357,039
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$33,366

Purchase Details

Listed on
Nov 12, 2020
Closed on
Jan 15, 2021
Sold by
Sprague Gary Michael
Bought by
Edgerton James D
Seller's Agent
Miranda Oswald
KELLER WILLIAMS ON THE WATER
Buyer's Agent
Sara Edgerton
List Price
$275,000
Sold Price
$270,000
Premium/Discount to List
-$5,000
-1.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.77%

Purchase Details

Listed on
Mar 20, 2020
Closed on
Oct 26, 2020
Sold by
Beatty Torii L and Estate Of David K Stetler
Bought by
Sprague Gary Michael
Seller's Agent
Jesse Griffin
CENTURY 21 BEGGINS ENTERPRISES
Buyer's Agent
Miranda Oswald
KELLER WILLIAMS ON THE WATER
List Price
$269,000
Sold Price
$251,000
Premium/Discount to List
-$18,000
-6.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.55%

Purchase Details

Listed on
Nov 6, 2013
Closed on
May 2, 2014
Sold by
Droulers Maurice
Bought by
Stetler David K
Seller's Agent
Lorna Leduc
ROSEBAY INTERNATIONAL REALTY, INC
Buyer's Agent
Michael Beninato
FINE PROPERTIES
List Price
$214,900
Sold Price
$197,000
Premium/Discount to List
-$17,900
-8.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%

Purchase Details

Closed on
Apr 27, 2001
Sold by
Tucker Robert J
Bought by
Droulers Maurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,600
Interest Rate
6.9%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Flaxenburg Alexander $395,000 Berlin Patten Ebling Pllc
Edgerton James D $270,000 Attorney
Sprague Gary Michael $251,000 Sarasota Title Services Inc
Stetler David K $197,000 Alliance Group Title Llc
Droulers Maurice $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Flaxenburg Alexander $375,250
Previous Owner Droulers Maurice $81,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2022 07/06/22 Sold $395,000 0.0% $281 / Sq Ft
05/27/2022 05/27/22 Pending -- -- --
05/26/2022 05/26/22 Price Changed $395,000 -2.5% $281 / Sq Ft
05/20/2022 05/20/22 Price Changed $405,000 +2.5% $288 / Sq Ft
05/20/2022 05/20/22 For Sale $395,000 0.0% $281 / Sq Ft
05/08/2022 05/08/22 Pending -- -- --
05/06/2022 05/06/22 For Sale $395,000 +46.3% $281 / Sq Ft
01/20/2021 01/20/21 Sold $270,000 -1.8% $192 / Sq Ft View Prior Sale
12/30/2020 12/30/20 Pending -- -- --
12/18/2020 12/18/20 For Sale $275,000 0.0% $195 / Sq Ft
12/16/2020 12/16/20 Pending -- -- --
12/01/2020 12/01/20 For Sale $275,000 0.0% $195 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $275,000 +9.6% $195 / Sq Ft
11/05/2020 11/05/20 Sold $251,000 +0.4% $178 / Sq Ft View Prior Sale
06/10/2020 06/10/20 Pending -- -- --
04/27/2020 04/27/20 Price Changed $249,900 -7.1% $177 / Sq Ft
03/20/2020 03/20/20 For Sale $269,000 +36.5% $191 / Sq Ft
05/02/2014 05/02/14 Sold $197,000 -1.0% $140 / Sq Ft View Prior Sale
02/08/2014 02/08/14 Pending -- -- --
11/29/2013 11/29/13 Price Changed $199,000 -7.4% $141 / Sq Ft
11/06/2013 11/06/13 For Sale $214,900 -- $153 / 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 $5,032 $327,634 $97,325 $230,309
2024 $5,032 $363,759 -- --
2023 $4,963 $353,164 $76,500 $276,664
2022 $4,466 $279,523 $75,000 $204,523
2021 $3,097 $191,834 $55,000 $136,834
2020 $2,924 $171,984 $40,000 $131,984
2019 $2,975 $173,942 $40,000 $133,942
2018 $2,832 $163,815 $40,000 $123,815
2017 $2,471 $148,432 $0 $0
2016 $2,307 $135,314 $0 $0
2015 $1,432 $127,385 $0 $0
2014 $1,432 $79,065 $0 $0
2013 $1,298 $70,594 $25,300 $45,294
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Sara Edgerton

    Section Image
  • Lisa Sparks

    Buyer's Agent in 2022

    Lisa Sparks

    JASON MITCHELL REAL ESTATE FLO

    (863) 808-8745

    1 in this area

    126 Total Sales

    Lisa Sparks
    Section Image
  • Miranda Oswald

    Seller's Agent in 2021

    Miranda Oswald

    KELLER WILLIAMS ON THE WATER

    (941) 232-9982

    38 in this area

    227 Total Sales

    Miranda Oswald
    Section Image

  • P

    Seller Co-Listing Agent in 2021

    Paige Morgan

    KELLER WILLIAMS ON THE WATER

    (941) 729-7400

    28 in this area

    147 Total Sales

    Paige Morgan
    Section Image
  • Jesse Griffin

    Seller's Agent in 2020

    Jesse Griffin

    CENTURY 21 BEGGINS ENTERPRISES

    (941) 822-6165

    1 in this area

    78 Total Sales

    Jesse Griffin
    Section Image

  • L

    Seller's Agent in 2014

    Lorna Leduc

    ROSEBAY INTERNATIONAL REALTY, INC

    (941) 928-2639

    5 in this area

    35 Total Sales

    Lorna Leduc
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4533115

Stellar MLS

APN: 67309-0000-5

Florida Manatee County Sarasota 34243

401 Magellan Dr, Sarasota, FL

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

Nearby Homes