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2975 Magellan Court

2975 Magellan Court, The Villages, FL 32163
Property in Wildwood
Sold Feb 01, 2021
$412,000
$391,400 by Citizens First Bank Inc
Mortgage Due Jan 01, 2051
Sold Nov 19, 2018
$379,500
2975 Magellan Court has been categorized by the local assessors in The Villages, FL as a residential type of property. The building on the property was first built in 2012 and is 12 years old. In addition, 2975 Magellan Court has 1,900 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 7,171 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 564 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of block. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2975 Magellan Court was last sold in Dec 30, 2020 for $412,000. According to our calculations, that's $167.21 per sqft. Prior to that sales transaction, the property was sold for $379,500 in Nov 8, 2018. Current property owners are expected to pay $5,062 in taxes per year. The property on 2975 Magellan Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $345,800. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Block
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 564
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,171
  • Total Building Area: 2,464
  • Gross Building Area: 2,772
  • Building Area: 1,900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE VILLAGES OF SUMTER
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 52 THE VILLAGES OF SUMTER UNIT NO. 210 PB 13 PGS 19-19H

Ownership

  • Current Owner : KELLEY ROBERT MICHAEL
  • Current Owner 2: KELLEY ANNE T
  • Previous Owner : DRIVER JOHNNY WAYNE
  • Previous Owner 2: DRIVER DEBORAH LOUISE
  • Owner Before Previous Owner: KANE DAVID P
  • Owner Before Previous Owner 2: KANE SUZANNE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sumter County School District
  • Census Tract: 911401

Geography

  • Parcel: G02M052
  • Lot: 52
  • Meridian: SEC 2 TWN 19S RNG 23E
  • Municipality: SUMTER COUNTY
  • Latitude: 28.8615
  • Longitude: -81.9856

    Address

  • Full Address: 2975 Magellan Ct
  • Address - House Number: 2975
  • Address - Street Name: Magellan
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: The Villages
  • Carrier Code: H092
  • 4-Digit Zip Code: 2539
  • Zip Code: 32163

Valuation

    Tax

  • Total Area: 2,454
  • Tax Year: 2023
  • Tax Amount: $5,062
  • Tax Rate Code Area: 5013

    Appraisal Valuation

  • Standard Deviation: 0.1483
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 82
  • Final Value: 582,519
  • High Value: 668,923
  • Low Value: 496,114

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $391,400
  • First Open Lien Mortgage Lender: CITIZENS FIRST BANK INC
  • First Open Lien Mortgage Recording Date: Feb 01, 2021
  • First Open Lien Mortgage Loan Amount: $391,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $430,460
  • Market Land Value: $28,680
  • Market Improvement Value: $401,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $345,800

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 30, 2020
  • Current Sale Recording Date: Feb 01, 2021
  • Current Sale Transaction ID: 11817519868
  • Current Sale Price: $412,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202160004721
  • Previous Sale Recording Date: Nov 19, 2018
  • Previous Sale Contract Date: Nov 08, 2018
  • Previous Sale Amount: $379,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS FIRST BANK INC
  • First Mortgage Transaction Date: Feb 01, 2021
  • First Mortgage Loan Amount: $391,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2051

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Frequently Asked Questions

What neighborhood is 2975 Magellan Court located in?
The 2975 Magellan Court is a located in the neighborhood of Wildwood in The Villages, The Villages.
What is the average sales price for listings in 2975 Magellan Court?
The average sales price for units in 2975 Magellan Court is $0 currently.

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