NOT LISTED FOR SALE

7240 SE Magellan Ln Stuart, FL 34997

South Stuart Neighborhood

Estimated Value: $506,294 - $527,000

3 Beds
2 Baths
1,937 Sq Ft
$267/Sq Ft Est. Value

Last Sold June 01, 2015

Last sale price $242,000 $125 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $3,594/month

47 Days on Market

Highlights

  • Gated Community
  • Screened Porch
  • Tennis Courts
  • South Fork High School Rated A-
  • Community Pool
  • Hurricane or Storm Shutters

About This Home

As of June 2015

Great opportunity to purchase in gated community. Much sought after Mariner Model, open floor plan. Three bedrooms, 2 baths, 2 car garage, CBS home on pie shaped lot. First time on the market. Kitchen cabinets were upgraded when built. Home is in great condition, move-in ready. Mariner Village has heated community pool, lighted tennis courts, and basketball courts. Great location, close to everything, shopping, beaches, I-95 and 35 minutes north of PBIA.

Last Listed By

Cindy Gilson

Coldwell Banker Realty License #707076 Listed on: 03/16/2015

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,428

Year Built

  • Built in 1998

Lot Details

  • Lot Dimensions are 130x120x30
  • Property fronts a private road

HOA Fees

  • $190 Monthly HOA Fees

Home Design

  • Barrel Roof Shape
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 1,937 Sq Ft Home
  • Ceiling Fan
  • Casement Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Screened Porch
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • 1 to 5 Parking Spaces

Outdoor Features

  • Shed

Schools

  • Sea Wind Elementary School
  • Murray Middle School
  • South Fork High School

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Septic Tank
  • Cable TV Available

Community Details

Overview

  • Association fees include management, cable TV, ground maintenance

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,428

Year Built

Built in 1998

Lot Details

0

HOA Fees

$190 per month

Listing Details

  • Directions: Mariner Village on the West side of Fed Hwy, No.of Seabranch Blvd. West on Devenwood Way, through gate, thru 2 stop signs, keep to right 7240 on left.
  • Garage Yn: Yes
  • Lot Size: 130x120x30
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Subdivision Name: MARINER VILLAGE PUD R 01
  • Year Built: 1998
  • Ownership: Executory Contract
  • Special Features: None

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Ceramic Tile
  • Furnished: Unfurnished
  • Interior Amenities: Breakfast Bar, Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Pantry, Split Bedrooms, Walk-In Closet(s)
  • Living Area: 1937.0
  • Window Features: Casement Window(s)
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete
  • Exterior Features: Shed, Storm/Security Shutters
  • Other Structures: Shed(s)
  • Patio And Porch Features: Porch, Screened
  • Pool Features: Community
  • Pool Private: No
  • Roof: Barrel
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage, Two Spaces, Garage Door Opener
  • Total Parking Spaces: 2.0

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer, Septic Tank
  • Utilities: Cable Available, Sewer Available, Sewer Connected, Septic Available, Underground Utilities, Water Available, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 190.0
  • Association: Yes
  • Community Features: Pool, Street Lights, Sidewalks, Tennis Court(s), Gated
  • Pets Allowed: Size Limit, Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Maintenance Grounds

Schools

  • Elementary School: Sea Wind
  • High School: South Fork
  • Middle Or Junior School: Murray

Lot Info

  • Zoning Description: Residential
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2428.0
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2015
Closed on
May 29, 2015
Sold by
Capute Christine A
Bought by
Donahue James L and Donahue Christine L
Seller's Agent
Cindy Gilson
Coldwell Banker Realty
List Price
$239,000
Sold Price
$242,000
Premium/Discount to List
$3,000
1.26%
Total Days on Market
47
Current Estimated Value
$516,574

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,574
Avg. Annual Appreciation
7.84%
Original Mortgage
$181,500
Outstanding Balance
$142,758
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$373,816

Purchase Details

Closed on
Feb 19, 2014
Sold by
Ivers Tr Raymond H Estate
Bought by
Donahue James L and Donahue Christine L

Purchase Details

Closed on
Dec 2, 2011
Sold by
Ivers Raymond H
Bought by
Ivers Raymond H

Purchase Details

Closed on
Jun 17, 1998
Sold by
Centex Homes
Bought by
Ivers Raymond H and Ivers Marion F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
7.14%
Mortgage Type
New Conventional
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
Donahue James L $242,000 Patch Reef Title Company Inc
Donahue James L $100 --
Ivers Raymond H -- Attorney
Ivers Raymond H $153,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donahue James L $181,500
Previous Owner Ivers Raymond H $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2015 06/01/15 Sold $242,000 +1.3% $125 / Sq Ft
05/02/2015 05/02/15 Pending -- -- --
03/16/2015 03/16/15 For Sale $239,000 -- $123 / Sq Ft
Source: Martin County REALTORS® of the Treasure Coast

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 $6,210 $352,647 -- --
2023 $6,210 $320,589 $0 $0
2022 $5,641 $291,445 $0 $0
2021 $4,974 $264,950 $95,000 $169,950
2020 $4,754 $254,370 $90,000 $164,370
2019 $4,564 $241,500 $75,000 $166,500
2018 $4,497 $239,190 $85,000 $154,190
2017 $3,862 $229,640 $100,000 $129,640
2016 $3,917 $212,540 $80,000 $132,540
2015 $2,331 $199,320 $65,000 $134,320
2014 $2,331 $164,531 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Cindy Gilson

    Coldwell Banker Realty

    (772) 485-4211

    7 in this area

    17 Total Sales

    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M381134

Martin County REALTORS® of the Treasure Coast

APN: 31-38-42-009-018-00180-0

Florida Martin County Stuart 34997 South Stuart

7240 SE Magellan Ln, Stuart, FL

This home is located at 7240 SE Magellan Ln, Stuart, FL 34997 since 16 March 2015 and is currently estimated at $516,574, approximately $266 per square foot. This property was built in 1998. 7240 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.

Martin County REALTORS® of the Treasure Coast The data relating to real estate for sale on this web site comes in part from a cooperative data exchange program of the Realtor® Association of Martin County, Inc. MLS. Real estate listings held by brokerage firms other than Ten-X are marked with the IDX logo or name and detailed information about such listings includes the name of the listing brokers. Data provided is deemed reliable but is not guaranteed.

Copyright 2025 Realtor® Association of Martin County, Inc. MLS. All rights reserved.

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