NOT LISTED FOR SALE

423 Magellan Dr Sarasota, FL 34243

Estimated Value: $236,000 - $308,000

0.26 Acre
$997,331 Price per Acre
11,326 Sq Ft Lot

Last Sold March 16, 2018

Last sale price $65,000

Est. 299% increase in value since last sale

Current estimated payment $1,534/month

129 Days on Market

Highlights

  • Airport or Runway
  • On Golf Course
  • Property is near public transit
  • 136 Feet of Waterfront
  • Lagoon View
  • Access to Saltwater Canal

About This Lot

As of March 2018

BUILD YOUR DREAM HOME ON THIS UNIQUE LOT with BOTH Incredible Views of SaraBay Country Club's renown Donald Ross Golf Course AND Tranquil Water Views. A Small Canal runs on the west side of the property. The canal is shallow, however you can canoe, kayak or paddleboard directly to Sarasota Bay. Some mature trees. Soil testing has already been done. Soil test report and survey may be available upon request. Design and Build to your personal needs or Seller has architectural plans for this property which may be purchased separately. Close to shopping and restaurants; convenient to everything Sarasota/Bradenton has to offer.

Last Agent to Sell the Property

Vicki Senecal

SARASOTA GLOBAL REALTY License #3327812 Listed on: 10/08/2017

Last Buyer's Agent

Vicki Senecal

SARASOTA GLOBAL REALTY License #3327812 Listed on: 10/08/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $788

Lot Details

  • 0.26 Acre Lot
  • 136 Feet of Waterfront
  • Property fronts a saltwater canal
  • Property fronts a county road
  • On Golf Course
  • South Facing Home
  • Level Lot
  • Cleared Lot
  • Property is zoned RSF3/WR/

HOA Fees

  • $2 Monthly HOA Fees

Property Views

  • Lagoon
  • Canal

Location

  • In Flood Plain
  • Flood Insurance May Be Required
  • Property is near public transit

Schools

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

Utilities

  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 7 / 82
  • Assessor Parcel Number 6545100007

Community Details

Overview

  • Whitfield Country Club Estates Community
  • Acreage Subdivision
  • The community has rules related to deed restrictions

Amenities

  • Airport or Runway

Recreation

  • Golf Course Community
  • Fixed Bridges
  • Access to Saltwater Canal
  • Seawall

Property Details

Property Type

Land

Est. Annual Taxes

$788

Lot Details

0

HOA Fees

$2 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.26
  • Lot Size Sq Ft: 11456
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.65789
  • Price per Sq Ft: 5.67
  • Close to Original List Price Ratio: 0.65789
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2016
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Exterior Features

  • Direction Faces: South
  • Road Frontage Type: County Road
  • View: Water
  • Water Body Name: Bowlees Creek
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: Canal, Lagoon
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - Fixed, Seawall - Concrete
  • Water View Y N: Yes
  • Front Footage: 135
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0312E
  • Waterfront Frontage: 136
  • Additional Water Information: Canal is shallow, however can canoe, kayak or paddleboard to Sarasota Bay.
  • Water Frontage Feet Canal Salt: 136
  • Disclosures: Land Sales Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Fire Hydrant, Public, Street Lights, Water Available
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Airport/Runway, Deed Restrictions, Golf
  • Association Fee: 25
  • Association Fee Frequency: Annually
  • Association: No
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 25
  • Monthly HOA Fee: 2.08
  • 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/WR/
  • Parcel Number: 6545100007
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Flood Insurance may be required, Buildable, Cleared, Flood Plain, In County, Level, Near Public Transit, On Golf Course, Street Lights
  • Lot Dimensions: Irregular
  • Price Per Acre: 250000
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Current Adjacent Use: Residential
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 788
  • Tax Block: 82
  • Tax Book Number: 8,-1,
  • Tax Lot: 7

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 2, 2022
Sold by
Ctw Family Revocable Trust
Bought by
Lester Kenneth T
Current Estimated Value
$259,306

Purchase Details

Closed on
Oct 14, 2021
Sold by
Cornerstone Real Estate Investors Lp
Bought by
Trust Admin Manager Inc

Purchase Details

Listed on
Oct 8, 2017
Closed on
Mar 16, 2018
Sold by
Feimster W Edmond and Senecal Vicki O
Bought by
Cornestone Real Estate Investors Lp
Seller's Agent
Vicki Senecal
SARASOTA GLOBAL REALTY
Buyer's Agent
Vicki Senecal
SARASOTA GLOBAL REALTY
List Price
$98,800
Sold Price
$65,000
Premium/Discount to List
-$33,800
-34.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.91%

Purchase Details

Listed on
Jun 19, 2013
Closed on
Feb 25, 2016
Sold by
Morgan Craig S and Morgan Darlene Y
Bought by
Feimster W Edmond F and Senecal Vicki O
Seller's Agent
Mike Holderness
SARABAY REAL ESTATE INC
Buyer's Agent
Vicki Senecal
SARASOTA GLOBAL REALTY
List Price
$60,000
Sold Price
$52,000
Premium/Discount to List
-$8,000
-13.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.68%

Purchase Details

Closed on
Jul 6, 2009
Sold by
Morgan Craig S and Morgan Darlene Y
Bought by
Morgan Craig S and Morgan Darlene Y

Purchase Details

Closed on
Oct 1, 1999
Sold by
Weeks James B
Bought by
Weeks James B

Purchase Details

Closed on
Sep 30, 1997
Sold by
Singleton Susan W
Bought by
Weeks James B
Source: Public Records

Range of Values:

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Average Value
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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
Lester Kenneth T $210,000 --
Trust Admin Manager Inc -- Accommodation
Cornestone Real Estate Investors Lp $65,000 Stewart Title Co
Feimster W Edmond F $52,000 None Available
Morgan Craig S -- Attorney
Weeks James B -- --
Weeks James B -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2018 03/16/18 Sold $65,000 -34.2% --
02/15/2018 02/15/18 Pending -- -- --
10/08/2017 10/08/17 For Sale $98,800 +90.0% --
06/09/2016 06/09/16 Off Market $52,000 -- --
03/09/2016 03/09/16 Sold $52,000 -13.3% -- View Prior Sale
02/08/2016 02/08/16 Pending -- -- --
12/29/2014 12/29/14 For Sale $60,000 0.0% --
12/21/2014 12/21/14 Pending -- -- --
11/10/2014 11/10/14 Price Changed $60,000 +20.0% --
06/19/2013 06/19/13 For Sale $50,000 -- --
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 $2,014 $136,000 $136,000 --
2024 $2,014 $136,000 $136,000 --
2023 $2,059 $136,000 $136,000 $0
2022 $1,106 $72,000 $72,000 $0
2021 $1,007 $66,000 $66,000 $0
2020 $962 $60,000 $60,000 $0
2019 $972 $60,000 $60,000 $0
2018 $886 $54,000 $54,000 $0
2017 $811 $51,700 $0 $0
2016 $788 $51,150 $0 $0
2015 $703 $46,500 $0 $0
2014 $703 $46,320 $0 $0
2013 $611 $38,600 $38,600 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4198152

Stellar MLS

APN: 65451-0000-7