NOT LISTED FOR SALE

6946 Magellan Way Sarasota, FL 34243

Estimated Value: $601,000 - $729,000

3 Beds
2.5 Baths
2,648 Sq Ft
$256/Sq Ft Est. Value

Last Sold November 26, 2014

Last sale price $250,000 $94 Per Sq Ft

Est. 171% increase in value since last sale

Current estimated payment $3,960/month

223 Days on Market

Highlights

  • Access To Creek
  • Private Pool
  • Open Floorplan
  • Boat Slip Deeded
  • Home fronts a creek
  • Deck

About This Home

As of November 2014

One of the largest waterfront homes in Magellan Park. Oversized living and Florida rooms offer room to spread out. Three very good sized bedrooms and closets, closets, closets. Tile floors for easy maintenance. Indoor laundry room with 1/2 bath and storage area. Two CAC units. Enjoy water views from the caged patio with in-ground pool and spa. Boaters take note: Direct access to Sarasota Bay from your private dock.

Last Agent to Sell the Property

Lynn Parker

LIMBO COMPANY SARASOTA ASSOC License #0601257 Listed on: 04/05/2014

Last Buyer's Agent

Lynn Parker

LIMBO COMPANY SARASOTA ASSOC License #0601257 Listed on: 04/05/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,705

Year Built

  • Built in 1961

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 81.0x175.0
  • Home fronts a creek
  • Property fronts a saltwater canal
  • Corner Lot
  • Irrigation
  • Property is zoned RSF3/H

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Workshop in Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,648 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Access To Creek
  • Access to Saltwater Canal
  • Boat Slip Deeded
  • Deck
  • Screened Patio
  • Porch

Location

  • Flood Zone Lot

Utilities

  • Central Air
  • Heat Pump System
  • Fiber Optics Available

Community Details

  • Magellan Park Community
  • Magellan Park Unit 2 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,705

Year Built

Built in 1961

Lot Details

0

HOA Fees

$2 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2648
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1961
  • Building Area Total: 3415
  • Lot Size Sq Ft: 14175
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5845295&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5845295&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 6728300
  • Ratio: Close Price\List Price: 0.80645
  • Price per Sq Ft: 94.41
  • Close to Original List Price Ratio: 0.71633
  • Ratio: Current Price\Building Area Total: 73.21
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Living Room/Dining Room Combo, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Blinds
  • Room Count: 8
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • Water Body Name: Bowles Creek
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Water Access: Canal - Saltwater, Creek
  • Water Extras: Dock - Slip Deeded On-Site
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Workshop in Garage
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Fiber Optics, Public
  • Cooling: Central Air
  • Heating: Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 25
  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 25
  • Total Monthly Fees: 2.08

Lot Info

  • Zoning: RSF3/H
  • Parcel Number: 6729600004
  • Additional Parcels: No
  • Lot Features: Corner Lot, FloodZone
  • Lot Dimensions: 81.0X175.0
  • Millage Rate: 16.17
  • Flood Zone Code: AE
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished

Tax Info

  • Tax Annual Amount: 2705
  • Tax Book Number: 0009/0054
  • Tax Lot: 7

Multi Family

  • Waterfront Features: Canal - Saltwater, Creek

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2015
Sold by
Palis James R and Palis Karen M
Bought by
Palis James R
Current Estimated Value
$676,629

Purchase Details

Listed on
Apr 5, 2014
Closed on
Nov 26, 2014
Sold by
Atkins Anne Heather
Bought by
Palis James R and Palis Karen M
Seller's Agent
Lynn Parker
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Lynn Parker
LIMBO COMPANY SARASOTA ASSOC
List Price
$349,000
Sold Price
$250,000
Premium/Discount to List
-$99,000
-28.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%
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
Palis James R -- None Available
Palis James R $250,000 Stewart Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/26/2014 11/26/14 Sold $250,000 -19.4% $94 / Sq Ft
11/15/2014 11/15/14 Pending -- -- --
11/11/2014 11/11/14 Price Changed $310,000 -4.6% $117 / Sq Ft
10/17/2014 10/17/14 Price Changed $325,000 -3.0% $123 / Sq Ft
07/20/2014 07/20/14 Price Changed $334,900 -1.5% $126 / Sq Ft
05/06/2014 05/06/14 Price Changed $339,900 -2.6% $128 / Sq Ft
04/05/2014 04/05/14 For Sale $349,000 -- $132 / 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 $4,790 $357,324 -- --
2024 $4,790 $347,254 -- --
2023 $4,723 $337,140 $0 $0
2022 $4,596 $327,320 $0 $0
2021 $4,404 $317,786 $0 $0
2020 $4,541 $313,398 $0 $0
2019 $4,468 $306,352 $0 $0
2018 $4,424 $300,640 $0 $0
2017 $4,118 $294,456 $0 $0
2016 $4,106 $288,400 $0 $0
2015 $2,755 $286,395 $0 $0
2014 $2,755 $198,902 $0 $0
2013 $2,705 $195,963 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Lynn Parker

    LIMBO COMPANY SARASOTA ASSOC

See All Agents

Map

Source: Stellar MLS

MLS Number: M5845295

Stellar MLS

APN: 67296-0000-4

Florida Manatee County Sarasota 34243

6946 Magellan Way, 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

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