NOT LISTED FOR SALE

7241 SE Magellan Ln Stuart, FL 34997

South Stuart Neighborhood

Estimated Value: $455,000 - $508,000

4 Beds
2 Baths
1,826 Sq Ft
$263/Sq Ft Est. Value

Last Sold November 26, 2019

Last sale price $310,000 $170 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,980/month

2 Days on Market

Highlights

  • Gated Community
  • Contemporary Architecture
  • Hurricane or Storm Shutters
  • Clubhouse
  • Community Pool
  • 2 Car Attached Garage

About This Home

As of November 2019

Beautiful 4 bedroom split plan home with large enclosed patio. Home has a large preserve buffer behind and to the side. This home has a manual generator switch as well as a Portable Honda 4500EX generator. 4th bedroom can be a office/bedroom or kids playroom. New A/C was installed 8/2016. Kitchen appliances were replaced 7/2017. House is Vacant and easy to show.

Last Agent to Sell the Property

Floyd Spencer

Engel & Volkers Stuart License #3064994 Listed on: 10/25/2019

Engel & Volkers Stuart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,397

Year Built

  • Built in 1998

Lot Details

  • 6,055 Sq Ft Lot
  • Property fronts a private road

HOA Fees

  • $200 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Barrel Roof Shape
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,826 Sq Ft Home
  • 1-Story Property
  • Hurricane or Storm Shutters

Kitchen

  • Electric Range
  • Ice Maker

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Schools

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

Utilities

  • Central Heating and Cooling System
  • Generator Hookup
  • Water Heater

Community Details

Overview

  • Association fees include common areas, cable TV, ground maintenance

Recreation

  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,397

Year Built

Built in 1998

Lot Details

0

HOA Fees

$200 per month

Listing Details

  • Architectural Style: Contemporary
  • Directions: Head south on US1 approximately 1.5 miles south of Cove RD Make a right on SE Devenwood Way. Mariner Village Sign will be on your right. Follow road all the way to back of development to Magellan LN.
  • Garage Yn: Yes
  • Lot Size Acres: 0.139
  • Property Attached Yn: No
  • Property Sub Type: Detached
  • Property Sub Type Additional: Detached,Single Family Residence
  • Prop. Type: Residential
  • Road Frontage Type: Private Road
  • Building Stories: 1
  • Subdivision Name: Mariner Village PUD R 01
  • Year Built: 1998
  • Ownership: Fee Simple
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Some Electric Appliances, Dryer, Electric Range, Ice Maker, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Furnished: Unfurnished
  • Living Area: 1826.0
  • Stories: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southeast
  • Exterior Features: Storm/Security Shutters
  • Pool Features: Community
  • Pool Private: No
  • Roof: Barrel
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Generator Hookup
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Gated Community
  • Sewer: Public Sewer
  • Utilities: Sewer Connected, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 200.0
  • Association: Yes
  • Community Features: Clubhouse, Pool, Gated
  • Pets Allowed: Pet Restrictions
  • Senior Community: No

Fee Information

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

Schools

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

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 3397.0
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2024
Sold by
Moretti Anthony M and Moretti Elaine M
Bought by
Moretti Anthony M and Moretti Elaine M
Current Estimated Value
$479,467

Purchase Details

Listed on
Oct 25, 2019
Closed on
Nov 26, 2019
Sold by
Martin Heather J
Bought by
Moretti Anthony M and Moretti Elaine M
Seller's Agent
Floyd Spencer
Engel & Volkers Stuart
List Price
$319,000
Sold Price
$310,000
Premium/Discount to List
-$9,000
-2.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.35%

Purchase Details

Listed on
Jul 8, 2015
Closed on
Aug 28, 2015
Sold by
Foster Terri Lyn
Bought by
Martin Heather J
Seller's Agent
Ralph Clemons
RE/MAX Community
Buyer's Agent
Floyd Spencer
Engel & Volkers Stuart
List Price
$274,900
Sold Price
$270,000
Premium/Discount to List
-$4,900
-1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.30%
Original Mortgage
$270,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2015
Sold by
Foster Paul A and Foster Terri Lyn
Bought by
Foster Terri Lyn

Purchase Details

Closed on
May 18, 2007
Sold by
Ruland Jack and Ruland Susan
Bought by
Foster Paul A and Foster Terri Lyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,400
Interest Rate
5.86%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 17, 2004
Sold by
Smith David
Bought by
Ruland Jack and Ruland Susan

Purchase Details

Closed on
Aug 25, 1998
Sold by
Centex Homes
Bought by
Smith David L and Smith Cheryl A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,950
Interest Rate
6.91%
Mortgage Type
New Conventional
Source: Public Records
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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
Moretti Anthony M $100 None Listed On Document
Moretti Anthony M $100 None Listed On Document
Moretti Anthony M $310,000 Attorney
Martin Heather J $270,000 First Intl Title Inc
Foster Terri Lyn -- Attorney
Foster Paul A $282,000 Sunbelt Title Agency
Ruland Jack $285,000 Sunbelt Title Agency
Smith David L $159,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martin Heather J $270,000
Previous Owner Foster Paul A $33,400
Previous Owner Foster Paul A $233,600
Previous Owner Smith David L $118,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/26/2019 11/26/19 Sold $310,000 -2.8% $170 / Sq Ft
10/27/2019 10/27/19 Pending -- -- --
10/25/2019 10/25/19 For Sale $319,000 +18.1% $175 / Sq Ft
08/28/2015 08/28/15 Sold $270,000 -1.8% $147 / Sq Ft View Prior Sale
07/29/2015 07/29/15 Pending -- -- --
07/08/2015 07/08/15 For Sale $274,900 -- $150 / 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
2025 $3,277 $220,039 -- --
2024 $3,198 $213,838 -- --
2023 $3,198 $207,610 $0 $0
2022 $3,077 $201,564 $0 $0
2021 $2,713 $175,145 $0 $0
2020 $2,617 $172,727 $0 $0
2019 $3,484 $220,672 $0 $0
2018 $3,397 $216,557 $0 $0
2017 $2,890 $212,103 $0 $0
2016 $3,158 $207,740 $80,000 $127,740
2015 $2,267 $161,404 $0 $0
2014 $2,267 $160,123 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2019

    Floyd Spencer

    Engel & Volkers Stuart

    (772) 285-9349

    1 in this area

    8 Total Sales

    Floyd Spencer
    Section Image

  • R

    Seller's Agent in 2015

    Ralph Clemons

    RE/MAX

    (772) 215-8883

    Ralph Clemons
    Section Image
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Map

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: M20020457

Martin County REALTORS® of the Treasure Coast

APN: 31-38-42-009-017-00180-0

Florida Martin County Stuart 34997 South Stuart

7241 SE Magellan Ln, Stuart, FL

Not Listed for Sale

Detached

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