NOT LISTED FOR SALE

3951 3rd Ave W Palmetto, FL 34221

Estimated Value: $217,000 - $250,000

2 Beds
2 Baths
1,272 Sq Ft
$185/Sq Ft Est. Value

Last Sold May 10, 2012

Last sale price $67,000 $53 Per Sq Ft

Est. 252% increase in value since last sale

Current estimated payment $1,618/month

33 Days on Market

Highlights

  • Open Floorplan
  • Community Pool
  • Eat-In Kitchen
  • Solid Surface Countertops
  • 1 Car Attached Garage
  • Ceramic Tile Flooring

About This Home

As of May 2012

Cute & Cozy, single family attached villa in the quiet neighborhood of Melwood Oaks. Very open floor plan with an eat in kitchen. Large living room/dining room combination. The open floor plan is great for entertaining family and friends. Relax and sip your favorite beverage on your open & tiled patio, while listening to & watching the sights and sounds of nature in your privacy fenced back yard. If this one is calling your name, don't procrastinate or you'll miss out!

Last Agent to Sell the Property

Bob Serena

LIMBO COMPANY SARASOTA ASSOC License #0473587 Listed on: 02/28/2012

Last Buyer's Agent

Mike Smoljanovich

TIM LESTER INTERNAT'L REALTY License #3236710

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,263

Year Built

  • Built in 2005

Lot Details

  • 3,311 Sq Ft Lot
  • Level Lot
  • Property is zoned PDR

HOA Fees

  • $148 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Driveway

Home Design

  • Villa
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,272 Sq Ft Home
  • Open Floorplan
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

Community Details

Overview

  • Melwood Oaks Sub Community
  • Melwood Oaks Phs III & IV Subdivision

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,263

Year Built

Built in 2005

Lot Details

0

HOA Fees

$148 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1272
  • Lot Size Acres: 0.08
  • New Construction: No
  • Year Built: 2005
  • Building Area Total: 1782
  • Lot Size Sq Ft: 3311
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5827517&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5827517&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 2380704
  • Call Center Phone Number: 888-998-9005
  • Ratio: Close Price\List Price: 0.90663
  • Price per Sq Ft: 52.67
  • Close to Original List Price Ratio: 0.90663
  • Ratio: Current Price\Building Area Total: 37.6
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Eating Space In Kitchen, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Microwave Hood, Oven, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Driveway
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 148
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1776
  • Total Monthly Fees: 148

Lot Info

  • Zoning: PDR
  • Parcel Number: 2380713657
  • Additional Parcels: No
  • Lot Features: In County, Level
  • Millage Rate: 15.56
  • Future Land Use: 0100
  • Zoning Compatible Y N: No
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2012-05-10T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 1263
  • Tax Book Number: 0026/0171
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 19, 2012
Sold by
Richie Monica Lynn
Bought by
The Bank Of New York
Current Estimated Value
$235,955

Purchase Details

Listed on
Feb 28, 2012
Closed on
May 2, 2012
Sold by
The Bank Of New York Mellon
Bought by
Mohler Dale and Mohler Loi
Seller's Agent
Bob Serena
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Mike Smoljanovich
TIM LESTER INTERNAT'L REALTY
List Price
$67,000
Sold Price
$67,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.65%

Purchase Details

Closed on
Mar 8, 2012
Sold by
Richie Monica Lynn
Bought by
The Bank Of New York

Purchase Details

Closed on
Oct 31, 2005
Sold by
Dpl Development Inc
Bought by
Richie Monica Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,900
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2004
Sold by
Palmetto Point Building Corp
Bought by
Dpl Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.62%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
The Bank Of New York -- None Available
Mohler Dale $67,000 North American Title Company
The Bank Of New York $31,300 Attorney
Richie Monica Lynn $199,900 Signature Title Company
Dpl Development Inc $88,000 Signature Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Richie Monica Lynn $159,900
Previous Owner Dpl Development Inc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2012 05/10/12 Sold $67,000 0.0% $53 / Sq Ft
04/02/2012 04/02/12 Pending -- -- --
02/28/2012 02/28/12 For Sale $67,000 -- $53 / 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 $2,839 $174,020 -- --
2023 $2,794 $236,332 $35,700 $200,632
2022 $2,472 $199,603 $35,000 $164,603
2021 $2,034 $149,354 $32,500 $116,854
2020 $2,015 $145,065 $32,500 $112,565
2019 $1,833 $127,549 $20,000 $107,549
2018 $1,613 $104,253 $5,000 $99,253
2017 $1,437 $99,606 $0 $0
2016 $1,379 $95,350 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: M5827517

Stellar MLS

APN: 23807-1365-7