NOT LISTED FOR SALE

721 Magellan Dr Sarasota, FL 34243

Estimated Value: $351,000 - $514,000

3 Beds
2 Baths
1,918 Sq Ft
$221/Sq Ft Est. Value

Sale Details

Date Sold: December 2, 2020

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

Est. 40% increase in value since last sale

Current estimated payment $2,613 / mo

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

  • 15,002 Sq Ft 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 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

0.34 Acres

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
  • 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
  • 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%
Current Estimated Value
$423,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,240
Avg. Annual Appreciation
6.36%
Original Mortgage
$287,850
Outstanding Balance
$256,729
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$166,511

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

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
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 $287,850
Previous Owner Koczman John V $85,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $4,248 $318,180 -- --
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

  • N

    Seller's Agent in 2020

    Norm Luppino

  • Emil Ramirez

    Buyer's Agent in 2020

    Emil Ramirez

    SRQ INTERNATIONAL REALTY LLC

    (941) 726-7098

    6 in this area

    51 Total Sales

    Emil Ramirez
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Map

Source: Stellar MLS

MLS Number: A4477655

Stellar MLS

APN: 65900-0000-3

Florida Manatee County Sarasota 34243

721 Magellan Dr, 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 All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. 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.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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