NOT LISTED FOR SALE

423 40th Ct W Palmetto, FL 34221

Memphis Neighborhood

Estimated Value: $238,000 - $287,000

2 Beds
2 Baths
1,263 Sq Ft
$213/Sq Ft Est. Value

Last Sold December 20, 2018

Last sale price $170,000 $135 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $1,883/month

33 Days on Market

Highlights

  • Community Pool
  • Walk-In Closet
  • Sliding Doors
  • 2 Car Attached Garage
  • Ceramic Tile Flooring
  • Central Heating and Cooling System

About This Home

As of December 2018

Rare Opportunity in Melwood Oaks! Lovely 2/2/2 is ready for immediate occupancy. This home has a large living/dining room area great for entertaining. The master bedroom is grand and has a large walk in closet. Home has an enclosed lanai that leads to a privacy fenced back yard. Melwood Oaks is a maintenance free community which includes the exterior of home with low HOA fees and a community pool. These homes sell extremely fast! Hurry!

Last Agent to Sell the Property

Jason & Nicole Gabbard

PARRISH REALTY OF FLORIDA License #3015516 Listed on: 10/12/2018

Co-Listed By

Larry Gabbard

PARRISH REALTY OF FLORIDA License #3412055

Last Buyer's Agent

Norma Overmyer

FORBES PROPERTY GROUP License #3270313

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $625

Year Built

  • Built in 1990

Lot Details

  • 4,661 Sq Ft Lot
  • Property is zoned PDR

HOA Fees

  • $182 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Villa
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,263 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors

Kitchen

  • Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • Melwood Oaks Sub Community
  • Melwood Oaks Ph Iib Subdivision
  • Rental Restrictions

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$625

Year Built

Built in 1990

Lot Details

0

HOA Fees

$182 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Villa
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1263
  • Lot Size Acres: 0.11
  • New Construction: No
  • Year Built: 1990
  • Lot Size Sq Ft: 4661
  • Directions to Property: U.S. 19 to right on 45th st ct w to left on 3rd ave w to Melwood Oaks to property
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4415934&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4415934&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.97198
  • Price per Sq Ft: 134.6
  • Close to Original List Price Ratio: 0.94497
  • View: No
  • Co List Office Mls Id: 266508693
  • Co List Office Phone: 941-776-9351
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Street Number Modifier: 423
  • Room Count: 4
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0162E

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Pool
  • Association Fee: 182
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 2184
  • Monthly HOA Fee: 182
  • Total Monthly Fees: 182

Lot Info

  • Zoning: PDR
  • Parcel Number: 2380713251
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 1-2 Years
  • Pet Restrictions: see hoa
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: see hoa

Tax Info

  • Tax Annual Amount: 625
  • Tax Book Number: 25-3
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2018
Closed on
Dec 20, 2018
Sold by
Gabbard Judith Ann and Littlefield Jacquelyn D
Bought by
Herrmann James Thomas and Herrmann Lori Christine
Seller's Agent
Jason & Nicole Gabbard
PARRISH REALTY OF FLORIDA
Buyer's Agent
Norma Overmyer
FORBES PROPERTY GROUP
List Price
$179,900
Sold Price
$170,000
Premium/Discount to List
-$9,900
-5.5%
Current Estimated Value
$269,356

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,356
Avg. Annual Appreciation
7.11%
Original Mortgage
$173,655
Interest Rate
4.9%
Mortgage Type
VA

Purchase Details

Closed on
Jun 28, 1996
Sold by
Hanson Betty J and Hanson Raymond D
Bought by
Linzy Lawrence Coy and Linzy Donice F
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
Herrmann James Thomas $170,000 Heritage Title Agency Inc
Linzy Lawrence Coy $83,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrmann James Thomas $179,182
Closed Herrmann James Thomas $179,182
Closed Herrmann James Thomas $173,655
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/20/2018 12/20/18 Sold $170,000 -2.8% $135 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
11/08/2018 11/08/18 Price Changed $174,900 -2.8% $138 / Sq Ft
10/11/2018 10/11/18 For Sale $179,900 -- $142 / 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 $2,836 $165,056 -- --
2024 $2,836 $160,404 -- --
2023 $2,768 $155,732 $0 $0
2022 $2,694 $151,196 $0 $0
2021 $2,613 $146,792 $0 $0
2020 $1,739 $144,765 $32,500 $112,265
2019 $2,056 $127,733 $20,000 $107,733
2018 $673 $68,151 $0 $0
2017 $625 $66,749 $0 $0
2016 $623 $65,376 $0 $0
2015 $622 $64,922 $0 $0
2014 $622 $64,407 $0 $0
2013 $633 $65,168 $11,238 $53,930
Source: Public Records

Agents Affiliated with this Home

  • Jason & Nicole Gabbard

    Seller's Agent in 2018

    Jason & Nicole Gabbard

    PARRISH REALTY OF FLORIDA

    (941) 718-1111

    2 in this area

    71 Total Sales

    Jason & Nicole Gabbard
    Section Image

  • L

    Seller Co-Listing Agent in 2018

    Larry Gabbard

    PARRISH REALTY OF FLORIDA

    (941) 812-9120

    2 in this area

    12 Total Sales

    Larry Gabbard
    Section Image
  • Norma Overmyer

    Buyer's Agent in 2018

    Norma Overmyer

    FORBES PROPERTY GROUP

    (941) 735-5807

    15 Total Sales

    Norma Overmyer
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4415934

Stellar MLS

APN: 23807-1325-1

Florida Manatee County Palmetto 34221 Memphis

423 40th Ct W, Palmetto, FL

This home is located at 423 40th Ct W, Palmetto, FL 34221 since 12 October 2018 and is currently estimated at $269,356, approximately $213 per square foot. This property was built in 1990. 423 40th Ct W is a home located in Manatee County with nearby schools including Palm View Elementary School, Palmetto High School, and Lincoln Memorial Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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