NOT LISTED FOR SALE

7196 SE Magellan Ln Stuart, FL 34997

South Stuart Neighborhood

Estimated Value: $513,608 - $530,000

4 Beds
2.5 Baths
2,189 Sq Ft
$239/Sq Ft Est. Value

Last Sold August 29, 2017

Last sale price $290,000 $132 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $3,336/month

65 Days on Market

Highlights

  • Water Views
  • Roman Tub
  • Tennis Courts
  • South Fork High School Rated A-
  • Mediterranean Architecture
  • Den

About This Home

As of August 2017

Best price per sq. foot in the area.Great location situated at the back of this gated community. This home is on a premium lot with preserve views at the back and side of the property. Enter through the covered front door to a Foyer and living room. The master bedroom is on the first floor with access to a large covered lanai. There are four bedrooms and 2 1/2 baths. The 4th bedroom has a half wall but can be replaced by buyer. Accordion and panel shutters. This great neighborhood has a community pool, tennis courts, basketball courts and a Nature trail. All this plus basic cable and lawn maintenance are included in the low HOA fee. Seller will give a $500.00 credit for living room carpet replacement.

Last Agent to Sell the Property

Thomas I

Illustrated Properties LLC (Jupiter) License #0442365 Listed on: 05/25/2017

Illustrated Properties LLC (Jupiter)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,070

Year Built

  • Built in 1997

Lot Details

  • 6,011 Sq Ft Lot
  • Sprinkler System

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Mediterranean Architecture
  • Frame Construction
  • Spanish Tile Roof
  • Tile Roof

Interior Spaces

  • 2,189 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Single Hung Metal Windows
  • Family Room
  • Den
  • Water Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 313842009018000100

Community Details

Overview

  • Association fees include management, common areas, cable TV, ground maintenance, reserve fund
  • Mariner Village Pud Subdivision

Recreation

  • Tennis Courts
  • Community Basketball Court

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,070

Year Built

Built in 1997

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: US 1 south of Cove Road to Mariner Village emntrance
  • Year Built: 1997
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Garden Tub/Roman Tub, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Carpet, Ceramic Tile
  • Living Area: 2189.0
  • Dining Room Type: Den, Family Room, Laundry
  • Stories: 2
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: Patio
  • View: Other, Water
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Spanish Tile, Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Driveway, Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200.0
  • Community Features: Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Basketball Court, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Maintenance Grounds, Reserve Fund

Lot Info

  • Parcel #: 313842009018000100
  • Lot Size Sq Ft: 6011.0
  • Zoning Description: RESIDENT
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4070.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 26, 2019
Sold by
Morelli Louis
Bought by
Morelli Patricia
Current Estimated Value
$523,402

Purchase Details

Listed on
May 25, 2017
Closed on
Aug 29, 2017
Sold by
Marinho Candido A J and Marinho Maria T
Bought by
Morelli Patricia
Seller's Agent
Thomas I
Illustrated Properties LLC (Jupiter)
List Price
$299,900
Sold Price
$290,000
Premium/Discount to List
-$9,900
-3.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$232,000
Outstanding Balance
$194,048
Interest Rate
3.96%
Mortgage Type
New Conventional
Estimated Equity
$329,354

Purchase Details

Closed on
Dec 19, 2008
Sold by
Balk Marcus J and Balk Kate L
Bought by
Marinho Candido A J and Marinho Maria T

Purchase Details

Closed on
Nov 4, 2002
Sold by
Cornelius Lisa Linnae
Bought by
Balk Marcus J and Balk Kate L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.98%

Purchase Details

Closed on
May 24, 2002
Sold by
Horowitz Craig P and Horowitz Lisa L C
Bought by
Horowitz Lisa L C and Cornelius Lisa Linnae

Purchase Details

Closed on
Dec 17, 1997
Sold by
Centex Homes
Bought by
Horowitz Craig P and Horowitz Lisa L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.26%
Mortgage Type
New Conventional
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
Morelli Patricia -- Accommodation
Morelli Patricia $290,000 Town Title Inc
Marinho Candido A J $270,000 Jt Title Inc
Balk Marcus J $250,000 --
Horowitz Lisa L C -- --
Horowitz Craig P $165,600 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Morelli Patricia $232,000
Previous Owner Balk Marcus J $200,000
Previous Owner Horowitz Craig P $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/29/2017 08/29/17 Sold $290,000 -3.3% $132 / Sq Ft
07/30/2017 07/30/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $299,900 -- $137 / Sq Ft
Source: BeachesMLS

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 $4,329 $285,964 -- --
2024 $4,235 $277,905 -- --
2023 $4,235 $269,811 $0 $0
2022 $4,082 $261,953 $0 $0
2021 $4,083 $254,324 $0 $0
2020 $3,980 $250,813 $0 $0
2019 $3,915 $245,174 $0 $0
2018 $3,811 $240,220 $0 $0
2017 $4,066 $241,760 $100,000 $141,760
2016 $4,070 $223,490 $80,000 $143,490
2015 $3,384 $200,220 $55,000 $145,220
2014 $3,384 $194,940 $48,000 $146,940
Source: Public Records

Agents Affiliated with this Home

  • Thomas I

    Seller's Agent in 2017

    Thomas I

    Illustrated Properties LLC (Jupiter)

    (561) 310-1227

    6 in this area

    38 Total Sales

    Thomas I
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Map

Source: BeachesMLS

MLS Number: R10337390

BeachesMLS

APN: 31-38-42-009-018-00010-0

Florida Martin County Stuart 34997 South Stuart

7196 SE Magellan Ln, Stuart, FL

This home is located at 7196 SE Magellan Ln, Stuart, FL 34997 since 25 May 2017 and is currently estimated at $523,402, approximately $239 per square foot. This property was built in 1997. 7196 SE Magellan Ln is a home located in Martin County with nearby schools including Sea Wind Elementary School, Murray Middle School, and South Fork 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.

BeachesMLS 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.

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