NOT LISTED FOR SALE

721 Magellan Dr Sarasota, FL 34243

Estimated Value: $394,000 - $499,000

3 Beds
2 Baths
1,918 Sq Ft
$239/Sq Ft Est. Value

Last Sold December 02, 2020

Last sale price $303,000 $158 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $2,784/month

26 Days on Market

Highlights

  • Golf Course Community
  • View of Trees or Woods
  • Sun or Florida Room
  • In Ground Pool
  • Attic
  • No HOA

About This Home

As of December 2020

Unlimited possibilities for this affordable 3/2 pool home across from Sara Bay Country Club . If you are tired of a "cookie-cutter" neighborhood with homes that are squeezed together on postage stamp-sized lots, put this home at the top of your MUST SEE list. Nearly 2,000 sq. ft. of air-conditioned living space, this home features spacious rooms and large closets. As you walk through the front door your eyes are drawn to the 30' long pool and estate-sized private back yard. Terrazzo floors are under the carpet in the Living and Florida Rooms and may also be in other rooms too. No deed restrictions but there is a County overlay district that restricts the outside parking of commercial and recreational vehicles. Voluntary neighborhood Association for only $30/year includes complimentary culinary membership to Sara Bay Country club. Roof 2001, AC 2017, Water Heater 2018.

Last Agent to Sell the Property

Norm Luppino

License #3246972 Listed on: 09/14/2020

Last Buyer's Agent

Emil Ramirez

SRQ INTERNATIONAL REALTY LLC License #3379718

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,495

Year Built

  • Built in 1969

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 100x150
  • Unincorporated Location
  • West Facing Home
  • Chain Link Fence
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF3/WR

Parking

  • 2 Car Attached Garage
  • Ground Level Parking
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • Woods
  • Park or Greenbelt

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,918 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Sun or Florida Room
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Terrazzo
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Gunite Pool
  • Pool Tile

Outdoor Features

  • Screened Patio
  • Exterior Lighting
  • Gazebo
  • Shed

Location

  • Property is near a golf course

Schools

  • Florine J. Abel Elementary School
  • Electa Arcotte Lee Magnet Middle School
  • Southeast High School

Utilities

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

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Whitfield Estates Community
  • Whitfield Country Club Add Subdivision

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,495

Year Built

Built in 1969

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1918
  • Lot Size Acres: 0.34
  • New Construction: No
  • Year Built: 1969
  • Building Area Total: 2517
  • Lot Size Sq Ft: 15002
  • Directions to Property: From U.S. 41, turn east on Magellan Drive. Travel approximately 1 1/2 miles, house is on the left.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4477655?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4477655?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 10+
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.94717
  • Price per Sq Ft: 157.98
  • Close to Original List Price Ratio: 0.94717
  • Ratio: Current Price\Building Area Total: 120.38
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Terrazzo
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Master Bedroom Main Floor, Split Bedroom, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 721
  • Room Count: 7
  • Additional Rooms: Attic, Florida Room

Exterior Features

  • Direction Faces: West
  • Other Structures: Gazebo, Shed(s)
  • Pool Features: Gunite, In Ground, Tile
  • Exterior Features: Lighting, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: Yes
  • View: Greenbelt, Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Driveway, Garage Door Opener, Ground Level
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Golf, Sidewalk
  • Association: No
  • Senior Community: No
  • Condo Land Included Y N: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Florine J. Abel Elementary
  • High School: Southeast High
  • Middle Or Junior School: Electa Arcotte Lee Magnet

Lot Info

  • Zoning: RSF3/WR
  • Parcel Number: 6590000003
  • Additional Parcels: No
  • Fencing: Chain Link
  • Lot Features: In County, Near Golf Course, Sidewalk, Unincorporated
  • Lot Dimensions: 100x150
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Future Land Use: RES-3
  • Zoning Compatible Y N: Yes

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1495
  • Tax Block: 76
  • Tax Book Number: 7-82
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2020
Closed on
Nov 24, 2020
Sold by
Larson Sandra M and Koczman John R
Bought by
Ramirez Emil David
Seller's Agent
Norm Luppino
Buyer's Agent
Emil Ramirez
SRQ INTERNATIONAL REALTY LLC
List Price
$319,900
Sold Price
$303,000
Premium/Discount to List
-$16,900
-5.28%
Total Days on Market
26
Current Estimated Value
$457,902

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,902
Avg. Annual Appreciation
9.43%
Original Mortgage
$287,850
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2018
Sold by
Koczman John V
Bought by
Koczman John V and Larson Sandra M

Purchase Details

Closed on
May 23, 2007
Sold by
Koczman John V and Koczman Barbara A
Bought by
Koczman John V

Purchase Details

Closed on
Jan 4, 1996
Sold by
Schimmel Herbert and Ryden William C
Bought by
Koczman John V and Koczman Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.2%
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
Ramirez Emil David $10,000 First International Ttl Inc
Ramirez Emil David $303,000 First International Ttl Inc
Koczman John V -- Attorney
Koczman John V -- None Available
Koczman John V $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Emil David $389,000
Closed Ramirez Emil David $287,850
Previous Owner Koczman John $148,850
Previous Owner Koczman John $155,400
Previous Owner Koczman John $85,000
Previous Owner Koczman John $79,800
Previous Owner Koczman John $25,000
Previous Owner Koczman John V $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2020 12/02/20 Sold $303,000 -5.3% $158 / Sq Ft
10/10/2020 10/10/20 Pending -- -- --
10/01/2020 10/01/20 For Sale $319,900 +5.6% $167 / Sq Ft
09/16/2020 09/16/20 Off Market $303,000 -- --
09/14/2020 09/14/20 For Sale $319,900 -- $167 / 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 $4,248 $309,213 -- --
2023 $4,183 $300,207 $0 $0
2022 $4,066 $291,463 $0 $0
2021 $3,388 $210,319 $60,000 $150,319
2020 $1,318 $108,035 $0 $0
2019 $1,282 $105,606 $0 $0
2018 $1,254 $103,637 $0 $0
2017 $1,155 $101,505 $0 $0
2016 $1,139 $99,417 $0 $0
2015 $1,135 $98,726 $0 $0
2014 $1,135 $97,942 $0 $0
2013 $1,115 $96,495 $34,000 $62,495
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4477655

Stellar MLS

APN: 65900-0000-3