NOT LISTED FOR SALE

550 Magellan Dr Sarasota, FL 34243

Estimated Value: $410,769 - $465,000

2 Beds
2 Baths
1,723 Sq Ft
$257/Sq Ft Est. Value

Last Sold January 18, 2019

Last sale price $299,000 $174 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $2,616/month

171 Days on Market

Highlights

  • Golf Course Community
  • Main Floor Primary Bedroom
  • Sun or Florida Room
  • Open Floorplan
  • Separate Formal Living Room
  • Stone Countertops

About This Home

As of January 2019

This stunning updated 2 bedroom/2 bath home on the 6th green of beautiful Sarabay Golf Course has it all! Split bedrooms, open floorpan with separate living room, dining room, family room and kitchen. All with unobstructed golf course views through floor to ceil glass doors. There is an oversized patio
for your outdoor entertaining with plenty of room to add the pool of your dreams. A circular driveway leads to the side entry double car garage and the lot has an irrigation system with well. Updates include kitchen with granite counters, new impact windows,hotwater heater, dishwasher and refrigerator. Add to this, just finished a new roof!
Recent Major Price Reduction!!!!

Last Agent to Sell the Property

John Day

ROSEBAY INTERNATIONAL REALTY, INC License #3338270 Listed on: 06/21/2018

ROSEBAY INTERNATIONAL REALTY, INC

Last Buyer's Agent

Monica Velez

PREFERRED SHORE LLC License #3307542

PREFERRED SHORE LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,985

Year Built

  • Built in 1967

Lot Details

  • 0.31 Acre Lot
  • Well Sprinkler System
  • Property is zoned RSF3/WR

HOA Fees

  • $3 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Membrane Roofing
  • Block Exterior

Interior Spaces

  • 1,723 Sq Ft Home
  • Open Floorplan
  • Blinds
  • Sliding Doors
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Sun or Florida Room
  • Laundry in Garage

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Well
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

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

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,985

Year Built

Built in 1967

Lot Details

0

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: 1723
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1967
  • Building Area Total: 2149
  • Lot Size Sq Ft: 13939
  • Number Of Lots: 1
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4406495&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4406495&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 173.53
  • Close to Original List Price Ratio: 0.88201
  • Ratio: Current Price\Building Area Total: 139.13
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Master Bedroom Main Floor, Open Floorplan, Split Bedroom, Stone Counters, Thermostat
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Window Features: Blinds
  • Room Count: 9
  • Additional Rooms: Family Room, Florida Room, Formal Dining Room Separate, Formal Living Room Separate
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Sidewalk, Sliding Doors
  • Roof: Membrane, Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: None

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Phone Available, Public, Sewer Connected, Sprinkler Well, Street Lights
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public, Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Golf
  • Association Fee: 30
  • Association Fee Frequency: Annually
  • Association: Yes
  • Senior Community: No
  • Amenities Additional Fees: Membership can be obtained at Sarabay CC
  • 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

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: 6591100000
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: none
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2985
  • Tax Lot: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2018
Closed on
Jan 18, 2019
Sold by
Sedacca Nikki M and Feldbaum Nikki M
Bought by
Laughlin Sean M and Splan Christine
Seller's Agent
John Day
ROSEBAY INTERNATIONAL REALTY, INC
Buyer's Agent
Monica Velez
PREFERRED SHORE LLC
List Price
$339,000
Sold Price
$299,000
Premium/Discount to List
-$40,000
-11.8%
Current Estimated Value
$443,192

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,192
Avg. Annual Appreciation
5.77%
Original Mortgage
$258,597
Outstanding Balance
$229,695
Interest Rate
5.12%
Mortgage Type
FHA
Estimated Equity
$213,497

Purchase Details

Closed on
Aug 12, 2003
Sold by
Woolley Marie B and Woolley Thomas J
Bought by
Woolley Marie B and Feldbaum Nikki M

Purchase Details

Closed on
Dec 29, 1995
Sold by
Judge Dan Gordon and Judge Madeline C
Bought by
Woolley Thomas J and Wolley Marie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
7.29%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Laughlin Sean M $299,000 Attorney
Woolley Marie B -- --
Woolley Thomas J $108,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laughlin Sean M $258,597
Previous Owner Woolley Marie B $64,000
Previous Owner Woolley Thomas J $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/18/2019 01/18/19 Sold $299,000 0.0% $174 / Sq Ft
12/07/2018 12/07/18 Pending -- -- --
11/13/2018 11/13/18 Price Changed $299,000 -3.5% $174 / Sq Ft
10/23/2018 10/23/18 Price Changed $310,000 -4.6% $180 / Sq Ft
09/27/2018 09/27/18 Price Changed $325,000 -3.1% $189 / Sq Ft
09/02/2018 09/02/18 Price Changed $335,500 -1.0% $195 / Sq Ft
06/19/2018 06/19/18 For Sale $339,000 -- $197 / Sq Ft
Source: Stellar MLS

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 $3,129 $239,971 -- --
2023 $3,072 $226,416 $0 $0
2022 $2,979 $219,821 $0 $0
2021 $2,843 $213,418 $0 $0
2020 $2,924 $210,471 $75,000 $135,471
2019 $3,572 $214,069 $75,000 $139,069
2018 $3,262 $189,912 $54,000 $135,912
2017 $2,985 $181,576 $0 $0
2016 $2,945 $175,616 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • John Day

    Seller's Agent in 2019

    John Day

    ROSEBAY INTERNATIONAL REALTY, INC

    (941) 350-1220

    5 Total Sales

    John Day
    Section Image

  • M

    Buyer's Agent in 2019

    Monica Velez

    PREFERRED SHORE LLC

    (941) 999-1179

    10 Total Sales

    Monica Velez
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4406495

Stellar MLS

APN: 65911-0000-0

Florida Manatee County Sarasota 34243

550 Magellan Dr, Sarasota, FL

Not Listed for Sale

Detached

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