NOT LISTED FOR SALE

707 Magellan Dr Sarasota, FL 34243

Estimated Value: $162,000 - $663,000

0.34 Acre
$973,529 Price per Acre
14,810 Sq Ft Lot

Last Sold January 31, 2023

Last sale price $130,000 $88 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $2,021/month

155 Days on Market

About This Lot

As of January 2023

Vacant cleared lot ready for your dream home is .34 ACRES in Whitfield Country Club Estates. Whitfield Estates, established in the 1920's, was Sarasota's first golfing community. Membership at the SaraBay Country Club is not required. Located just north of Downtown Sarasota, easily accessible to US 41, The Ringling Museum, Sarasota Bradenton International Airport and the beautiful beaches of Lido, Longboat Key and Anna Maria Island. Join the optional Whitfield - Ballentine Manor Association for just $30 a year which allows dining privileges at Sara bay Country Club. *DEVELOPERS ALERT.*

Last Agent to Sell the Property

Jared Ross

MICHAEL SAUNDERS & COMPANY License #3454394 Listed on: 08/23/2022

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Thomas Cristello

MICHAEL SAUNDERS & COMPANY License #3119457

MICHAEL SAUNDERS & COMPANY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $900

Year Built

  • 1964

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Property fronts a county road
  • West Facing Home
  • Chain Link Fence
  • Cleared Lot
  • Property is zoned RSF3/WR

HOA Fees

  • $3 Monthly HOA Fees

Location

  • Property is near a golf course

Schools

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

Utilities

  • Fiber Optics Available
  • Phone Available
  • Cable TV Available

Community Details

  • Whitfield Ballentine HOA, Phone Number (941) 809-8099
  • Whitfield Country Club Estates Community
  • Whitfield Country Club Add Subdivision

Listing and Financial Details

  • Legal Lot and Block 11 / 76
  • Assessor Parcel Number 6590200009

Property Details

Property Type

Land

Est. Annual Taxes

$900

Year Built

1964

Lot Details

0

HOA Fees

$3 per month

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 15002
  • Directions to Property: From 41, east on Whitfield Avenue, north on 9th Street E (Pennsylvania Avenue), then west on Magelland to 707 Magellan Drive.
  • Status: Sold
  • Total Acreage: 1/4 to less than 1/2
  • Call Center Phone Number: 941-308-7777
  • Ratio: Close Price\List Price: 0.74328
  • Price per Sq Ft: 8.67
  • Close to Original List Price Ratio: 0.72626
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1964

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 707

Exterior Features

  • Direction Faces: West
  • Other Structures: Other
  • Road Frontage Type: County Road
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Easements: Electric Lines
  • Water View Y N: No
  • Front Footage: 100
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Fiber Optics, Phone Available, Public, Sewer Available, Utility Pole, Water Available
  • Sewer: Public Sewer
  • Water Source: None
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 30
  • Association Fee Frequency: Annually
  • Association Name: Whitfield- Ballentine HOA
  • Phone: 941-809-8099
  • Association: Yes
  • Association Fee Requirement: Optional

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: 6590200009
  • Additional Parcels: No
  • Current Use: Residential
  • Fencing: Chain Link
  • Lot Features: Cleared, In County, Near Golf Course
  • Lot Dimensions: 100x150
  • Price Per Acre: 382353
  • Flood Zone Code: X
  • Current Adjacent Use: Residential
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • For Lease Y N: No
  • Pet Restrictions: Check with Manatee County for any pet restrictions.

Tax Info

  • Tax Annual Amount: 899.88
  • Tax Block: 76
  • Tax Book Number: 7-82
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 24, 2024
Sold by
Perkins Powers Builders Llc
Bought by
Powers Edward J and Powers Angela M
Total Days on Market
155
Current Estimated Value
$331,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Outstanding Balance
$387,364
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
-$56,364

Purchase Details

Listed on
Aug 23, 2022
Closed on
Jan 31, 2023
Sold by
Kadisak John E
Bought by
Perkins Powers Builders Llc
Seller's Agent
Jared Ross
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Thomas Cristello
MICHAEL SAUNDERS & COMPANY
List Price
$179,000
Sold Price
$130,000
Premium/Discount to List
-$49,000
-27.37%
Views
92

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.35%
Source: Public Records

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Range of Values:

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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
Powers Edward J $183,800 Stewart Title
Perkins Powers Builders Llc $130,000 Msc Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Powers Edward J $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2023 01/31/23 Sold $130,000 0.0% $88 / Sq Ft
12/06/2022 12/06/22 Off Market $130,000 -- --
09/09/2022 09/09/22 Price Changed $174,900 -2.3% $119 / Sq Ft
08/23/2022 08/23/22 For Sale $179,000 -- $121 / 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
2024 $1,925 $104,125 $104,125 --
2023 $1,100 $81,600 $81,600 $0
2022 $1,047 $80,000 $80,000 $0
2021 $864 $60,000 $60,000 $0
2020 $793 $50,000 $50,000 $0
2019 $802 $50,000 $50,000 $0
2018 $251 $40,134 $0 $0
2017 $227 $39,309 $0 $0
2016 $212 $38,500 $0 $0
2015 $922 $85,490 $0 $0
2014 $922 $84,812 $0 $0
2013 $905 $83,559 $34,000 $49,559
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4546031

Stellar MLS

APN: 65902-0000-9