NOT LISTED FOR SALE

326 40th Street Cir W Palmetto, FL 34221

Memphis Neighborhood

Estimated Value: $197,000 - $263,000

2 Beds
2 Baths
1,220 Sq Ft
$191/Sq Ft Est. Value

Last Sold March 13, 2024

Last sale price $264,900 $217 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $1,753/month

9 Days on Market

Highlights

  • Open Floorplan
  • Community Pool
  • Chair Railings
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Walk-In Closet

About This Home

As of March 2024

Step into this beautifully updated home featuring 2 bedrooms and 2 full bathrooms. The open layout, skylight, and high ceilings create a charming atmosphere. Revel in the luxury of new flooring throughout, replacing all old carpets. Discover a welcoming rear porch and fully fenced yard, perfect for relaxation.

Notable upgrades include new windows, fresh paint, and exquisite bathroom tiles, making this home move-in ready. The kitchen has a tasteful update with new countertops and modern appliances. Conveniently located by the pool, it's an ideal retreat for sunny days. Plus, there's a spacious 1-car garage.

What's even better? A low HOA fee of just $240 per month, and no CDD fee. The HOA takes care of exterior maintenance, painting, roof replacement, and pest control for common areas. This home is more than a residence; it's a ready-made haven. Don't miss the chance to make it yours today!

Last Agent to Sell the Property

Tiffney Mosley

LESLIE WELLS REALTY, INC. Brokerage Phone: 941-776-5571 License #3050622 Listed on: 02/02/2024

Last Buyer's Agent

Michael Warnock

DIVERSIFIED R E PARTNERS LLC License #3366343

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $641

Year Built

  • Built in 1987

Lot Details

  • 4,008 Sq Ft Lot
  • West Facing Home
  • Property is zoned PDR

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Villa
  • Block Foundation
  • Concrete Roof
  • Block Exterior

Interior Spaces

  • 1,220 Sq Ft Home
  • Open Floorplan
  • Chair Railings
  • Sliding Doors
  • Luxury Vinyl Tile Flooring
  • Laundry in Garage

Kitchen

  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Thermostat

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, maintenance structure, ground maintenance, pest control, pool
  • James And Maria Association, Phone Number (941) 378-0260
  • Visit Association Website
  • Melwood Oaks Sub Community
  • Melwood Oaks Ph I Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$641

Year Built

Built in 1987

Lot Details

0

HOA Fees

$240 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Structure, Maintenance Grounds, Pest Control, Pool
  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1220
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 1652
  • Lot Size Sq Ft: 4008
  • Directions to Property: For 19 take entrance to Palmetto Point Head south on 5th to the entrance of Melwood oaks the property in right on front of the pool.
  • Status: Sold
  • Street Post Direction: W
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Estimated
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044443
  • Minimum Lease: 7 Months
  • Number Of Pets: 2
  • RATIO Current Price By Calculate: 217.13
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-776-5571
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Luxury Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Chair Rail, Open Floorplan, Primary Bedroom Main Floor, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Range, Refrigerator
  • Foundation Details: Block
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 326
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 113.34
  • Room Count: 6

Exterior Features

  • Direction Faces: West
  • Exterior Features: Lighting, Sliding Doors, Storage
  • Roof: Concrete
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2021-08-10
  • Flood Zone Panel: 12081C0162F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Pool, Sidewalks
  • Association Fee: 240
  • Association Fee Frequency: Monthly
  • Association Name: James and Maria
  • Phone: 941-378-0260
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 1
  • Pet Restrictions: please check with HOA for pet restrictions
  • Association Fee Requirement: Required
  • Association Email: james@sunvast.net and maria@sunvast.net
  • Pet Size: Large (61-100 Lbs.)
  • Association URL: sunvast.net

Fee Information

  • Total Annual Fees: 2880.00
  • Total Monthly Fees: 240.00
  • Monthly HOA Amount: 240.00

Lot Info

  • Zoning: PDR
  • Parcel Number: 2380710802
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 372

Green Features

  • Green Verification Count: 0

Rental Info

  • Pets Allowed: Cats OK, Dogs OK, Number Limit, Size Limit
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Please check worth the HOA for all rules currently you can not rent for 1 year....may be going to 2 years

Tax Info

  • Tax Annual Amount: 641
  • Tax Book Number: 23-157
  • Tax Lot: 15

Multi Family

  • Approval Process: application attached to MLS

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 13, 2024
Sold by
Srskc Llc
Bought by
Warnock Michael E
Seller's Agent
Tiffney Mosley
LESLIE WELLS REALTY, INC.
Buyer's Agent
Michael Warnock
DIVERSIFIED R E PARTNERS LLC
List Price
$269,900
Sold Price
$264,900
Premium/Discount to List
-$5,000
-1.85%
Views
47
Current Estimated Value
$232,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,072
Avg. Annual Appreciation
-8.46%

Purchase Details

Closed on
Oct 25, 2023
Sold by
Petrey Kimberly Ann
Bought by
Srskc Llc

Purchase Details

Closed on
Jul 14, 2010
Sold by
Petrey Rex L and Petrey Kimberly
Bought by
Mckinley Leslie W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,904
Interest Rate
4.79%
Mortgage Type
VA

Purchase Details

Closed on
Sep 11, 2002
Sold by
Petrey Kimberly
Bought by
Petrey Rex L and Petrey Kimberly

Purchase Details

Closed on
Aug 18, 1997
Sold by
Pumphrey B R and Pumphrey Helen D
Bought by
Mckinley Cheryl Lyn
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Warnock Michael E $264,900 None Listed On Document
Srskc Llc $173,000 Fidelity National Title Of Flo
Mckinley Leslie W $88,000 Alliance Group Title Llc
Petrey Rex L -- --
Petrey Kimberly -- --
Mckinley Cheryl Lyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckinley Leslie W $90,904
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2024 03/13/24 Sold $264,900 -1.9% $217 / Sq Ft
02/12/2024 02/12/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $269,900 -- $221 / Sq Ft
Source: Stellar MLS

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 $2,966 $203,451 $35,700 $167,751
2024 $2,966 $203,451 $35,700 $167,751
2023 $641 $71,443 $0 $0
2022 $674 $69,362 $0 $0
2021 $647 $67,342 $0 $0
2020 $662 $66,412 $0 $0
2019 $649 $64,919 $0 $0
2018 $640 $63,709 $0 $0
2017 $597 $62,399 $0 $0
2016 $593 $61,116 $0 $0
2015 $591 $60,691 $0 $0
2014 $591 $60,209 $0 $0
2013 $597 $60,436 $10,362 $50,074
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4598224

Stellar MLS

APN: 23807-1080-2