$243,000
SOLD APR 12, 2019

424 48th Street Ct W Palmetto, FL 34221

Memphis Neighborhood
3 Beds
2 Baths
1,746 Sq Ft
8,059 Sq Ft Lot

Recently Sold

$139 Per Sq Ft

3% Below List Price

218 Days on Market

Highlights

  • Boat Ramp
  • Fishing
  • Solid Surface Countertops
  • Water Access
  • Open Floorplan
  • No HOA

About This Home

As of November 2023

Looking for a boating community with NO DEED RESTRICTIONS or MANDATORY HOA FEES? This 3 bedroom/2 bathroom with 2 car attached garage is located in the highly desirable waterfront community of Palmetto Point. Renovations include: interior and exterior paint, kitchen cabinets, granite counter tops, porcelain flooring in kitchen, laminate flooring in the bedrooms, granite top vanities in the bathrooms, and blinds in all of the windows. The split bedroom design provides privacy, when needed and the open floor plan makes it great for entertaining guests. Relax or play with the family and pets on your screened-in lanai or in the fully fenced yard. This boating community offers an optional membership to The Palmetto Point Civic Association, which gives access to the community boat ramp, park, and meeting hall for a small yearly fee. Boat on the beautiful Terra Ceia Bay for a quick ride to St. Petersburg, Tampa, Anna Maria Island, or Sarasota. Easily commute with I-75, I-275, US-41, and US-301 just minutes away. A unique shopping experience will be yours at the Ellenton Outlet Mall or Sarasota's University Town Center. Click on the link to take a 3-D virtual tour.

Last Agent to Sell the Property

Marcus Vanzant

MARCUS & COMPANY REALTY License #631449 Listed on: 07/30/2018

MARCUS & COMPANY REALTY

Co-Listed By

Kerre Allman

MARCUS & COMPANY REALTY License #3292478

Last Buyer's Agent

Rachel Woodruff

HOUSE MATCH License #0694194

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,183

Year Built

  • Built in 1985

Lot Details

  • 8,059 Sq Ft Lot
  • South Facing Home
  • Fenced
  • Property is zoned RSF6

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,746 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Blinds
  • Laundry in Garage

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Laminate
  • Porcelain Tile
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Screened Patio
  • Exterior Lighting

Schools

  • Palm View Elementary School
  • Buffalo Creek Middle School
  • Palmetto High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Palmetto Point Community
  • Palmetto Point Sub Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Boat Ramp
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,183

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1746
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1985
  • Lot Size Sq Ft: 8059
  • Directions to Property: From US-19N turn onto 50th St. Take the 2nd LEFT onto 3rd Ave. Take the 2nd RIGHT onto 48 St Ct. W. House is on the right.
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4408871&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4408871&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.9759
  • Price per Sq Ft: 139.18
  • Close to Original List Price Ratio: 0.97239
  • View: No
  • Co List Office Mls Id: 266509834
  • Co List Office Phone: 941-932-8550
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, Open Floorplan, Solid Surface Counters
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 424
  • Room Count: 7
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: South
  • Exterior Features: Fenced, Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Patio, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0162E
  • Disclosures: Seller Property Disclosure

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, Electric
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Fishing, Golf Carts OK, Water Access
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Palm View Elementary
  • High School: Palmetto High
  • Middle Or Junior School: Buffalo Creek Middle

Lot Info

  • Zoning: RSF6
  • Parcel Number: 2331100053
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: Check with Manatee County Animal Ordinance
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2183
  • Tax Book Number: 3-124
  • Tax Lot: 269

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2023
Closed on
Nov 30, 2023
Sold by
Plank Matthew E and Plank Jeana Raquel
Bought by
Chenette Joanne
Seller's Agent
Jaclyn R. Ligman
COLDWELL BANKER REALTY
Buyer's Agent
Jessica Cruse
EXP REALTY LLC
List Price
$375,000
Sold Price
$363,000
Premium/Discount to List
-$12,000
-3.2%
Views
216
Current Estimated Value
$388,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,836
Avg. Annual Appreciation
4.31%
Original Mortgage
$544,500
Outstanding Balance
$544,263
Interest Rate
7.26%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$155,427

Purchase Details

Listed on
Jul 30, 2018
Closed on
Apr 12, 2019
Sold by
Scherette Michael and Scherette Maggie
Bought by
Plank Matthew E and Plank Jeana Raquel Mcmath
Seller's Agent
Marcus Vanzant
MARCUS & COMPANY REALTY
Buyer's Agent
Rachel Woodruff
HOUSE MATCH
List Price
$249,900
Sold Price
$243,000
Premium/Discount to List
-$6,900
-2.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.03%
Original Mortgage
$218,700
Interest Rate
4.3%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $363,000 Heritage Title
Warranty Deed $243,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $544,500 Credit Line Revolving
Closed $544,500 Reverse Mortgage Home Equity Conversion Mortgage
Previous Owner $218,700 New Conventional
Previous Owner $100,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2023 11/30/23 Sold $363,000 -3.2% $208 / Sq Ft
10/22/2023 10/22/23 Pending -- -- --
10/22/2023 10/22/23 For Sale $375,000 0.0% $215 / Sq Ft
10/21/2023 10/21/23 Pending -- -- --
10/06/2023 10/06/23 Price Changed $375,000 -2.6% $215 / Sq Ft
09/13/2023 09/13/23 For Sale $385,000 0.0% $221 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/03/2023 08/03/23 Price Changed $385,000 0.0% $221 / Sq Ft
08/03/2023 08/03/23 For Sale $385,000 +6.1% $221 / Sq Ft
07/17/2023 07/17/23 Off Market $363,000 -- --
06/19/2023 06/19/23 Price Changed $394,999 -1.7% $226 / Sq Ft
05/19/2023 05/19/23 Price Changed $402,000 -2.4% $230 / Sq Ft
05/04/2023 05/04/23 For Sale $412,000 +69.5% $236 / Sq Ft
04/12/2019 04/12/19 Sold $243,000 -2.4% $139 / Sq Ft
03/05/2019 03/05/19 Pending -- -- --
01/08/2019 01/08/19 Price Changed $249,000 -0.2% $143 / Sq Ft
11/12/2018 11/12/18 Price Changed $249,500 -0.2% $143 / Sq Ft
11/01/2018 11/01/18 For Sale $249,900 +2.8% $143 / Sq Ft
08/15/2018 08/15/18 Off Market $243,000 -- --
07/30/2018 07/30/18 For Sale $249,900 0.0% $143 / Sq Ft
09/04/2017 09/04/17 Off Market $1,700 -- --
06/02/2017 06/02/17 Rented $1,700 0.0% --
05/03/2017 05/03/17 Under Contract -- -- --
01/11/2017 01/11/17 For Rent $1,700 -- --
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 $3,932 $318,870 $59,925 $258,945
2023 $4,245 $335,685 $59,925 $275,760
2022 $3,234 $276,915 $42,000 $234,915
2021 $3,104 $211,068 $45,000 $166,068
2020 $3,162 $205,068 $45,000 $160,068
2019 $2,669 $187,269 $40,000 $147,269
2018 $2,500 $174,263 $31,500 $142,763
2017 $2,183 $161,122 $0 $0
2016 $2,015 $142,555 $0 $0
2015 $1,574 $123,442 $0 $0
2014 $1,574 $95,724 $0 $0
2013 $1,454 $86,238 $17,250 $68,988
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4408871

Stellar MLS

APN: 23311-0005-3