When was property at 7241 Southeast Magellan Lane built and last sold?

The property at 7241 Southeast Magellan Lane was built in 1998 and last sold on Nov 26, 2019 for $310,000.

How much is this home worth?

The estimated value of the home located at 7241 Southeast Magellan Lane is $334,476.

What are some comparable homes to 7241 Southeast Magellan Lane?

There are currently no comparable homes to 7241 Southeast Magellan Lane.

Martin

34997

7241 SE Magellan Lane

Sold on Nov 26, 2019

Map

$310,000

● House - Off Market

7241 SE Magellan Lane

Stuart, FL 34997

4 Beds

2 Baths

1,826 Ft²

$466,942

RealtyHop Estimate

46.38%

Since Dec 1, 2019

National-US

Primary Model

About This Property

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.

Unit Size

1,826 Ft²

Days on Market

32 days

Land Size

0.14 acres

Price per sqft

$175

Property Type

House

Property Taxes

$283

HOA Dues

$200

Year Built

1998

Payment Calculator

Cap Rate Calculator

Last updated: 2 months ago (MCRTC #M20020457)

Price History

Date / Event	Date	Event
Nov 26, 2019	Sold	Premium
Sold
Oct 25, 2019	Listed by Engel & Volkers Stuart	$319,000
Listed by Engel & Volkers Stuart
Aug 31, 2015	Sold	Premium
Sold
Jul 8, 2015	Listed by Engel & Volkers Stuart	$274,900
Listed by Engel & Volkers Stuart

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1998

Effective Year Built: 1998
Building Count: 1
Total Rooms: 4
Bedroom Count: 4
Bathroom Count: 2
Full Bathrooms: 1
Partial Bathrooms: 2
Building Condition: 6
Building Quality: 7
Construction Type: 4
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 3
Roof Shape Type: 7
Roof Cover Type: 4
Floor Count: 100
Living Units: 1
Floor Cover: 0
Basement Type: 0
Basement Area: 0
Garage Type: 1
Garage Square Area: 380
Parking Space Count: 1
Patio Type: 94
Porch Type: 77
Pool Type: 8
Location Influence Type: 211

Dimensions

Lot Size Square Feet: 6,055

Total Building Area: 2,206
Gross Building Area: 2,462
Building Area: 1,826
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 1

Heating: 3
Heated Square Feet: 1,826
Heating Fuel Type: 0

Utilities

Sewer System: 2

Water Service: 3

Building

Building Type: 0

Property Class: R
Subdivision: MARINER VILLAGE
Land Acres: 0000000139
Standard Land Use Code: 1001
County Land Use Code: 0100
State Land Use Code: 01
Legal Description 1: MARINER VILLAGE PLAT III (R) PUD LOT 18 BLK Q

Neighborhood

School District Name: Martin County School District

Census Tract: 001409

Zoning

Zoning: PUDR

Geography

Assessors Map Reference: P-1A

Parcel: 31-38-42-009-017-00180-0
Block: Q
Lot: 18
Meridian: SEC 31 TWN 38S RNG 42E
Latitude: 27.1167
Longitude: -80.1927

Address

Full Address: 7241 Se Magellan Ln

Address - House Number: 7241
Street Direction: SE
Address - Street Name: Magellan
Address - Suffix Type: Ln
State: FL
City Name: Stuart
Carrier Code: R013
4-Digit Zip Code: 2171
Zip Code: 34997

Valuation

Tax

Tax Year: 2022

Tax Amount: $307,702
Tax Rate Code Area: 9009 SOUTH

Appraisal Valuation

Standard Deviation: 0.1907

Valuation Date: Jan 27, 2024
Confidence Score: 74
Final Value: 570,197
High Value: 678,989
Low Value: 461,404

Market Valuation

Market Total Value: $403,640

Market Land Value: $160,000
Market Improvement Value: $243,640

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $207,610

Exemptions

Homeowner Exemption: Yes

Sales

Current Sale Contract Date: Nov 26, 2019

Current Sale Recording Date: Nov 26, 2019
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 2787006
Previous Sale Recording Date: Aug 31, 2015
Previous Sale Contract Date: Aug 28, 2015
Previous Sale Amount: $270,000
Previous Sale Document Type: 71

Previous Mortgages

Previous Mortgage Lender:

Premium

Previous Mortgage Transaction Date:

Premium
Previous Mortgage Loan Amount:

Premium
Previous Mortgage Term:

Premium
Previous Mortgage Loan Type:

Premium
Previous Mortgage Loan Due Date:

Premium

Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Martin

Stats & Trends

Median Asking:

$499,900

Sale Price/ft²

$285

Below Asking

0.03%

Average Days on Market

Average Home Size

2090 ft²

Average Home Age

32.9 years

Currently For Sale

1658 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 4695 Se Manatee Way, Stuart, FL, 34997

$6,800 /mo

3 Beds
2 Baths
1,764 ft²

4695 Se Manatee Way, Stuart, FL, 34997 Listing by Hunter Watley

Unit for rent at 4662 Se Manatee Way, Stuart, FL, 34997

$6,500 /mo

3 Beds
2 Baths
1,764 ft²

4662 Se Manatee Way, Stuart, FL, 34997 Listing by Hunter Watley

Unit for rent at 4680 Se Manatee Way, Stuart, FL, 34997

$6,500 /mo

3 Beds
2 Baths
1,764 ft²

4680 Se Manatee Way, Stuart, FL, 34997 Listing by Hunter Watley

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Floyd "Spence" Spencer, III, Engel & Volkers Stuart
Last Updated: 2 months ago
Data Source: Martin County REALTORS® of the Treasure Coast (MCRTC), MLS# M20020457

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 RH Advisors, Inc. and RHP Realty NJ, Inc. 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 2026 Realtor® Association of Martin County, Inc. MLS. All rights reserved.

7241 SE Magellan Lane

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Martin

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions