553 Magellan Dr, Sarasota, FL 34243 Property Records

Manatee County property record for 553 Magellan Dr, Sarasota, FL 34243

Property Summary

Property Type	Single Family Home
Details	4 bd · 2.5 ba · 3,483 sqft · built 1981
Lot Size	0.436 acres (19,000 sqft)
Owner	2 Individual Names on File
Last Sale	$735,000 (Oct 2022)
Tax Bill	$6,775 (2025)
Deeds & Mortgages	Oct 2022 Sale & Mortgage Oct 2019 Loan Modification
Flood Zone	Zone X (minimal risk)
APN	`65918-0000-5`

Property Details

APN / Parcel Number

Primary APN	`65918-0000-5`
Alternative APN	`3517246591800005`

Interior

Bedrooms	4 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Plumbing Fixtures	11 Plumbing Fixtures
Total Rooms	5 Rooms
Stories	2 Stories
Building Area	3,483 sqft Living Area
Gross Area	4,715 sqft
1st Floor Area	1,157 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1981
Effective Year Built	Effective 1990
Architectural Style	Ranch
Exterior Material	Wood
Construction Type	Wood
Roof Type	Gable/Hip
Roof Material	Asbestos
Lot Area	19,000 sqft (0.436 acres)
Lot Dimensions	190 ft deep x 100 ft wide
View / Lot	Standard
Garage Type	Attached
Garage Area	638 sqft
Parking Spaces	2 Parking Spaces

Exterior Amenities

Pool Area	560 sqft
Porch	Screened Porch
Porch Area	594 sqft
Deck Area	Deck Area
Patio Area	765 sqft

Utilities, Heating & Cooling

Cooling System	Central
Heating System	Central
Heating Fuel	Electric

Location & Zoning

Street Address	553 MAGELLAN DR
City	SARASOTA
State	FL
Zip	34243-1025
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	RSF-3 RES
Legal Description	LOT 1 BLK 77 RE-PLAT COUNTRY CLUB ADD TO WHITFIELD ESTATES PI#65918.0000/5
Legal Range	17E
Legal Township	35S
Legal Section	24
Legal Subdivision	WHITFIELD COUNTRY CLUB ADDITION REPLAT
Legal Tract	06590700
Legal Block	77
Legal Lot Number	1
Jurisdiction	MANATEE FL
Township / Civil Division	BRADENTON
Census Block Group	3
Census Block	3007
Census Tract	901

Owner

553 Magellan Dr is owned and occupied by two individuals who bought it in October 2022.

Source: Manatee County records, as of July 23, 2026

Owner of Record	2 Individual Names on File
Mailing Address	553 MAGELLAN DR, SARASOTA, FL 34243-1025
Occupancy	Owner Occupied
Owner Type	Individual

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Date	Document
Oct 3, 2022	Warranty Deed, Transfer · Conventional Mortgage CROSSCOUNTRY MORTGAGE LLC
Oct 24, 2019	Loan Modification, Mortgage · Line of Credit LISA SMITH TRUST

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Oct 3, 2022 · Amount on File
Deed Sale	Oct 3, 2022 · Amount on File
Deed Document Number	2022120146
Prior Transfer Date	Jun 15, 2016
Prior Transfer Doc	0041011663
Record Updated	Oct 29, 2026

October 2022: Warranty Deed, Transfer

Document Type	Warranty Deed
Jurisdiction	MANATEE FL
Recording Date	Oct 3, 2022
Property Address	553 MAGELLAN DR, SARASOTA, FL 34243-1025
Document Number	0041120146
Map Reference	MB 7 PG 90
Instrument Date	Sep 23, 2022
Instrument	202241120146
Transaction Type	Transfer
Record Updated	Oct 20, 2022
Title Company	STEWART TITLE COMPANY-F, STEWART TITLE COMPANY

Transaction

Amount	Amount on Record
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$5,145.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name
Address	7126 HAWKS HARBOR CIR, 7126, BRADENTON, FL 34207-5862

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	553 MAGELLAN DR, SARASOTA, FL 34243-1025

Mortgage

Document Number	0041120147
Date	Oct 3, 2022
Instrument	202241120147

Lender

Name	CROSSCOUNTRY MORTGAGE LLC
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	360 Months
Due	Oct 1, 2052

October 2019: Loan Modification, Mortgage

Document Type	Loan Modification
Jurisdiction	MANATEE FL
Property Address	553 MAGELLAN DR, SARASOTA, FL 34243-1025
Document Number	0041007840
Instrument Date	Oct 24, 2019
Transaction Type	Mortgage
Record Updated	Feb 19, 2020
Title Company	ATTORNEY ONLY

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5285 RYAN RANCH CT EL DORADO HILLS CA 957626700, EL DORADO HILLS, CA 95762-6700

Mortgage

Document Number	0041007840
Date	Jan 23, 2020
Instrument	41007840

Lender

Name	LISA SMITH TRUST
Address	5285 RYAN RANCH CT, EL DORADO HILLS, CA 95762-6700

Agreement

Type	Line of Credit
Amount	Amount on Record

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

The 2025 property tax bill for 553 Magellan Dr was $6,775 with a homeowner's exemption, down 33.2% from the year before.

Source: Manatee County assessment roll, as of July 23, 2026

Property Jurisdictions

Type	Name
State	Florida
County	Manatee County
Unified School District	Manatee County School District (PK - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value	Assessed Market Value
2026		$479,691 (+2.7%)	$530,805 (-3.46%) Land $104,125 Building $426,680
2025	$6,775.00 (-33.21%)	$467,080	$549,812 Land $104,125 Building $445,687
2024	$10,143.00 (-2.12%)
2023	$10,363.00 (+157.02%)	$661,832 (+145.75%) Land $81,600 Building $580,232	$661,832 (+19%) Land $81,600 Building $580,232
2022	$4,032.00 Homeowner's exemption Disabled Person's exemption Veteran's exemption Widower's exemption	$269,313	$556,156 Land $80,000 Building $476,156

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

Flood

FEMA maps place 553 Magellan Dr in Zone X, an area of minimal flood risk, within 500 ft of a high-risk flood zone.

Source: FEMA National Flood Hazard Layer, effective September 2, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone X minimal risk
Nearest Special Flood Hazard Area	Zone AE, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Flood Insurance Cost	Premium on File median of 138 policies
Community Rating System	Class 5 (25% premium discount)
Nearby Flood Policies	138 in force
Nearby Flood Claims	62 (1981–2024)
Claims Outside the SFHA	6 of 62
Most Recent Claim	Oct 2024 · Hurricane Milton
Claims by Event	Hurricane Milton, Oct 2024 · 3 claims Hurricane Helene, Sep 2024 · 29 claims Severe Storms, High Winds, Tornadoes, And Flooding, Jan 1998 · 4 claims

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Wildfire risk around 553 Magellan Dr is low, with a 0.01% annual chance of wildfire.

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Low lower than 96% of the US · lower than 96% of Florida
Wildfire Likelihood	0.01% annual chance
Exposure	Direct burnable vegetation

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	MANATEE COUNTY UTILITIES DEPT serves 347,800 people · EPA ID FL6411132
Water Source	Surface water
Last State Inspection	May 2025
Lead	2 ppb (2022) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	3 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 418 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Frontier Fiber	7,000 / 7,000
Spectrum Cable	1,000 / 1,000
Verizon Fixed Wireless	300 / 20

May also be available: Tillman Fiber.

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