NOT LISTED FOR SALE

473 Magellan Dr Sarasota, FL 34243

Oneco Neighborhood

Estimated Value: $607,000 - $732,000

3 Beds
2 Baths
2,188 Sq Ft
$302/Sq Ft Est. Value

Last Sold June 13, 2017

Last sale price $440,000 $201 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $3,989/month

54 Days on Market

Highlights

  • 101 Feet of Salt Water Canal Waterfront
  • Dock made with wood
  • Open Floorplan
  • Community Boat Slip
  • Screened Pool
  • 4-minute walk to Pride Park

About This Home

As of June 2017

WHAT WE LOVE ABOUT THIS HOME .....
Everything!! This magnificent waterfront home is located on a canal with the world renowned Sarabay Country Club across the street, home of one of the oldest golf courses in Florida designed by the famous Donald Ross. It is just a short boat ride to the open waters of Sarasota Bay, where your journey begins as you explore the #1 famous Siesta Key beach and the surrounding islands. 40 ft dock, oversized garage with a golf cart door, and newer roof are just a few of the perks! Beautiful gourmet kitchen, designer features, and 3/2 split plan complete this beauty! Within a 5 minute drive are endless options for dining with a Tiki Bar/Restaurant on the same canal. Explore Sarasota's history at the Ringling Museum, or enjoy a night steeped in arts and culture as you catch a performance at the ballet or the opera downtown. Become a member of the homeowners association for only $25 annually, which will allow you to dine at Sara Bay Country Club if you want to stay close to home. Sit back and relax after a long day, and enjoy the endless views when you open the large sliders that pocket to create a panoramic view of the pool and canal; a fabulous space for entertaining all your family and friends. Venture down to the waters edge and dock where you will have the opportunity to view Manatees, Snook, Rolling Tarpon, Jumping Mullet, Ducks, Pelicans, and other Exotic Birds and wildlife! You don't have to choose golf or waterfront with this fantastic property, you CAN have it all!

Last Agent to Sell the Property

Lisa Kartz

SARABAY REAL ESTATE INC Brokerage Phone: 941-355-7696 License #3236783 Listed on: 02/24/2017

SARABAY REAL ESTATE INC

Co-Listed By

Mike Holderness

SARABAY REAL ESTATE INC Brokerage Phone: 941-355-7696 License #0319729

Last Buyer's Agent

Melinda Hershberger

SUNDANCE REAL ESTATE SERVICES License #3181327

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,260

Year Built

  • Built in 1960

Lot Details

  • 0.32 Acre Lot
  • 101 Feet of Salt Water Canal Waterfront
  • Property fronts a saltwater canal
  • South Facing Home
  • Fenced
  • Mature Landscaping
  • Property is zoned RSF3/WR/

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Golf Cart Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,188 Sq Ft Home
  • Open Floorplan
  • Bar Fridge
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room
  • Formal Dining Room
  • Sun or Florida Room
  • Inside Utility
  • Canal Views
  • Attic

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Fixed Bridges
  • Access to Saltwater Canal
  • Dock made with wood
  • Deck
  • Enclosed Patio or Porch
  • Outdoor Grill

Location

  • Flood Zone Lot

Schools

  • Florine J. Abel Elementary School
  • College Park Middle School
  • Southeast High School

Utilities

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

Listing and Financial Details

  • Tax Lot 6
  • Assessor Parcel Number 6546900009

Community Details

Overview

  • Sarabay Harbour Community
  • Sarabay Harbour Unit One Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Boat Slip

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,260

Year Built

Built in 1960

Lot Details

0

HOA Fees

$2 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2188
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 1960
  • Building Area Total: 2940
  • Lot Size Sq Ft: 13896
  • Directions to Property: 41 North to Magellan Dr, Go east, property on left
  • Status: Sold
  • Co List Office Mls Id: MFR266500085
  • Co List Office Phone: 941-355-7696
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 202429172
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 201.10
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Planned Unit Development Yn: 0
  • Attribution Contact: 941-355-7696
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Ceiling Fans(s), Crown Molding, Open Floorplan, Solid Surface Counters, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Bar Fridge, Built-In Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 473
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Family Room,Florida Room,Formal Dining Room Separate,Great Room,Inside Utility
  • Living Area Meters: 203.27
  • Room Count: 8

Exterior Features

  • Direction Faces: South
  • Pool Features: In Ground, Screen Enclosure
  • Exterior Features: Outdoor Grill, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Water Body Name: BOWLEES CREEK
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Seller Property Disclosure
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - Fixed,Dock - Wood,Dock w/Electric
  • Water Extras YN: 1
  • Water Frontage Feet Canal Salt: 101
  • Water View: Canal
  • Water View YN: 1
  • Waterfront Feet Total: 101
  • Flood Zone Date: 2014-03-17
  • Flood Zone Panel: 12081C0312E

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Golf Cart Garage

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Fire Hydrant, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Water Access
  • Association Amenities: Boat Slip
  • Association Fee: 25
  • Association Fee Frequency: Annually
  • Association: No
  • Security: Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: Optional
  • Condo Land Included YN: 1

Fee Information

  • Total Annual Fees: 25.00
  • Total Monthly Fees: 2.08
  • Monthly HOA Amount: 2.08

Schools

  • Elementary School: Florine J. Abel Elementary
  • High School: Southeast High
  • Middle Or Junior School: College Park Middle

Lot Info

  • Zoning: RSF3/WR/
  • Parcel Number: 6546900009
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: FloodZone, In County, Paved
  • Flood Zone Code: AE
  • Homestead YN: 1
  • Zoning Compatible YN: 1

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 2260
  • Tax Book Number: 11-8
  • Tax Lot: 6

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2017
Closed on
Jun 8, 2017
Sold by
Schweigart Stephen J and Schweigart Abby
Bought by
Foitz Blake and Foitz Amanda
Seller's Agent
Lisa Kartz
SARABAY REAL ESTATE INC
Buyer's Agent
Melinda Hershberger
SUNDANCE REAL ESTATE SERVICES
List Price
$479,999
Sold Price
$440,000
Premium/Discount to List
-$39,999
-8.33%
Current Estimated Value
$660,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,072
Avg. Annual Appreciation
5.06%
Original Mortgage
$200,000
Outstanding Balance
$166,757
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$493,315

Purchase Details

Closed on
Oct 31, 2016
Sold by
Schweigart Stephen J and Schweigart Abby
Bought by
Schweigart Stephen J and Schweigart Abby

Purchase Details

Closed on
Oct 1, 2016
Bought by
Foltz Blake

Purchase Details

Closed on
Mar 5, 2003
Sold by
Blake George B
Bought by
Schweigart Stephan J and Hindman Abby

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,100
Interest Rate
5.88%
Source: Public Records

Range of Values:

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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
Foitz Blake $440,000 First International Title In
Schweigart Stephen J -- None Available
Foltz Blake $100 --
Schweigart Stephan J $265,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Foitz Blake $200,000
Previous Owner Schweigart Stephen J $292,900
Previous Owner Schweigart Stephen J $315,000
Previous Owner Schweigart Stephen J $100,000
Previous Owner Schweigart Stephen J $165,000
Previous Owner Schweigart Stephen J $50,000
Previous Owner Schweigart Stephan J $238,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2018 08/17/18 Off Market $440,000 -- --
06/13/2017 06/13/17 Sold $440,000 -8.3% $201 / Sq Ft
04/20/2017 04/20/17 Pending -- -- --
02/24/2017 02/24/17 For Sale $479,999 -- $219 / 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 $4,761 $355,318 -- --
2024 $4,761 $345,304 -- --
2023 $4,694 $335,247 $0 $0
2022 $4,496 $320,708 $0 $0
2021 $4,308 $311,367 $0 $0
2020 $4,441 $307,068 $0 $0
2019 $4,370 $300,164 $0 $0
2018 $4,326 $294,567 $0 $0
2017 $2,274 $174,981 $0 $0
2016 $2,260 $171,382 $0 $0
2015 $2,275 $170,191 $0 $0
2014 $2,275 $168,840 $0 $0
2013 $2,227 $166,345 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Kartz

    Seller's Agent in 2017

    Lisa Kartz

    SARABAY REAL ESTATE INC

    (941) 587-3602

    49 Total Sales

    Lisa Kartz
    Section Image
  • Mike Holderness

    Seller Co-Listing Agent in 2017

    Mike Holderness

    SARABAY REAL ESTATE INC

    (941) 355-7696

    17 Total Sales

    Mike Holderness
    Section Image

  • M

    Buyer's Agent in 2017

    Melinda Hershberger

    SUNDANCE REAL ESTATE SERVICES

See All Agents

Map

Source: Stellar MLS

MLS Number: A4178939

Stellar MLS

APN: 65469-0000-9

Florida Manatee County Sarasota 34243 Oneco

473 Magellan Dr, Sarasota, FL

This home is located at 473 Magellan Dr, Sarasota, FL 34243 since 24 February 2017 and is currently estimated at $660,072, approximately $301 per square foot. This property was built in 1960. 473 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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