NOT LISTED FOR SALE

330 40th Street Cir W Palmetto, FL 34221

Memphis Neighborhood

Estimated Value: $236,754 - $277,000

2 Beds
2 Baths
1,371 Sq Ft
$190/Sq Ft Est. Value

Last Sold September 25, 2020

Last sale price $186,000 $136 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,795/month

26 Days on Market

Highlights

  • View of Trees or Woods
  • Wood Flooring
  • Sun or Florida Room
  • Vaulted Ceiling
  • Loft
  • Stone Countertops

About This Home

As of September 2020

Melwood Oaks is a registered Single Family /Townhouse-villa community, allowing for a variety of finance options vs just cash or conventional. This 2 BD/2BTH with Loft unit features an open floor plan and vaulted ceilings. Many of the unit's upgrades include an updated kitchen with granite countertops, Hickory wood cabinets, and a breakfast bar. Both baths fully renovated with Bruce 3 1/4 inch wood flooring throughout the common areas and bedrooms. No carpet! The unit was fully tented in 2016 by the Association with the roof covered & replaced in 2010 through very a reasonable HOA due of just $189 monthly. Spend less time mowing the lawn on the weekends with this ground maintenance-free community, and more time at the community pool which is right across the street! Spacious front patio/breezeway that is screened in, and a back FL Room with utility closet. Beautifully landscaped grounds and a fantastic little backyard with wood patio deck overlooking the woods. You don't have to worry about rear neighbors! The upstairs loft features a Venice Ironworks metal staircase and hardwood floors that can be used as a 3rd BD, bonus, or study room. HVAC replaced in 2014 with an oversized Master w/Master Ensuite and walk-in closet. The unit also conveys an attached 1 car garage with built-in shelving & pull down attic access. Melwood Oaks is also apart of the Palmetto Point Civic Association, so homeowners have an optional annual due to having access to the community boat ramp and community center! All conveniently located to Bradenton, St. Pete, & Palmetto.

Last Agent to Sell the Property

Tim Lester

TIM LESTER INTERNAT'L REALTY License #3101382 Listed on: 07/15/2020

Last Buyer's Agent

Judi Taulbee

FINE PROPERTIES License #3156841

FINE PROPERTIES

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,752

Year Built

  • Built in 1987

Lot Details

  • 2,919 Sq Ft Lot
  • West Facing Home
  • Vinyl Fence
  • Landscaped with Trees

HOA Fees

  • $189 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Pad
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,371 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Blinds
  • Loft
  • Sun or Florida Room
  • Views of Woods
  • Walk-Up Access

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, maintenance structure, ground maintenance, pest control, pool maintenance
  • James Ro Association, Phone Number (813) 957-5502
  • Melwood Oaks Sub Community
  • Melwood Oaks Sub Ph I Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool

Pet Policy

  • Pets up to 40 lbs
  • 2 Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,752

Year Built

Built in 1987

Lot Details

0

HOA Fees

$189 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Maintenance Structure, Maintenance Grounds, Pest Control, Pool Maintenance
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Townhouse
  • Architectural Style: Other
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1371
  • Lot Size Acres: 0.07
  • New Construction: No
  • Year Built: 1987
  • Building Area Total: 1687
  • Lot Size Sq Ft: 2919
  • Directions to Property: From downtown Palmetto head North on US 19 and take a Left on 50th Street West. Take a left on 3rd Ave West to Melwood Oaks. Unit will be on the left across from the pool.
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4472479?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4472479?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: Walk-Up
  • Call Center Phone Number: 800-746-9464
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.97946
  • Price per Sq Ft: 135.67
  • Close to Original List Price Ratio: 0.97946
  • Ratio: Current Price\Building Area Total: 110.25
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Solid Wood Cabinets, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 330
  • Room Count: 7
  • Additional Rooms: Florida Room, Loft

Exterior Features

  • Direction Faces: West
  • Exterior Features: Lighting, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Front Porch, Patio, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0162E
  • Disclosures: HOA/PUD/Condo Disclosure, Other, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Guest, Parking Pad
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Amenities: Cable TV, Pool
  • Association Fee: 189
  • Association Fee Frequency: Monthly
  • Association Name: James Ro
  • Phone: 813-957-5502
  • Association: Yes
  • Senior Community: No
  • Association Email: Sunset Managment
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2268
  • Monthly HOA Fee: 189
  • Total Monthly Fees: 189

Lot Info

  • Zoning: PDR
  • Parcel Number: 2380710851
  • Additional Parcels: No
  • Fencing: Vinyl
  • Lot Features: In County, Level
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 40
  • Minimum Lease: 1-2 Years
  • Approval Process: See HOA Bylaws
  • Num Timesper Year: 1
  • Pet Restrictions: See HOA Bylaws
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA Bylaws

Tax Info

  • Tax Annual Amount: 1752
  • Tax Book Number: 23-157
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2020
Closed on
Sep 25, 2020
Sold by
Lewetag Michael J and Lewetag Tirad Janchai
Bought by
Ryder Douglas Alan and Gerzack Patricia
Seller's Agent
Tim Lester
TIM LESTER INTERNAT'L REALTY
Buyer's Agent
Judi Taulbee
FINE PROPERTIES
List Price
$189,900
Sold Price
$186,000
Premium/Discount to List
-$3,900
-2.05%
Current Estimated Value
$266,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,725
Avg. Annual Appreciation
7.84%
Original Mortgage
$120,900
Outstanding Balance
$108,742
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$160,310

Purchase Details

Closed on
Jun 11, 2002
Sold by
Monteith Twila R and Monteith Carroll R
Bought by
Egger Douglas W

Purchase Details

Closed on
Mar 28, 2002
Sold by
Eggar Douglas W
Bought by
Lewetag Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2002
Sold by
Monteith Twila R and Monteith Carroll R
Bought by
Egger Douglas W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 1998
Sold by
Monteith Carroll R
Bought by
Monteith Carroll R and Monteith Twila R
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
Ryder Douglas Alan $186,000 Attorney
Egger Douglas W -- --
Lewetag Michael J $75,000 --
Egger Douglas W $56,000 --
Monteith Carroll R $15,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ryder Douglas Alan $120,900
Previous Owner Lewetag Michael J $128,709
Previous Owner Lewetag Michael J $96,000
Previous Owner Lewetag Michael J $97,800
Previous Owner Lewetag Michael J $71,500
Previous Owner Lewetag Michael J $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2020 09/25/20 Sold $186,000 -2.1% $136 / Sq Ft
08/10/2020 08/10/20 Pending -- -- --
07/22/2020 07/22/20 For Sale $189,900 0.0% $139 / Sq Ft
07/19/2020 07/19/20 Pending -- -- --
07/15/2020 07/15/20 For Sale $189,900 -- $139 / 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
2024 $1,747 $150,455 -- --
2023 $1,700 $145,627 $0 $0
2022 $1,628 $141,385 $0 $0
2021 $1,563 $137,267 $32,500 $104,767
2020 $1,938 $123,603 $32,500 $91,103
2019 $1,752 $106,999 $20,000 $86,999
2018 $623 $60,272 $0 $0
2017 $581 $59,032 $0 $0
2016 $295 $57,818 $0 $0
2015 $574 $57,416 $0 $0
2014 $574 $56,960 $0 $0
2013 $578 $56,978 $10,362 $46,616
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4472479

Stellar MLS

APN: 23807-1085-1