NOT LISTED FOR SALE

431 40th Ct W Palmetto, FL 34221

Memphis Neighborhood

Estimated Value: $231,000 - $263,000

2 Beds
2 Baths
1,220 Sq Ft
$201/Sq Ft Est. Value

Last Sold April 29, 2019

Last sale price $160,000 $131 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $1,770/month

21 Days on Market

Highlights

  • In Ground Pool
  • Deck
  • Garden View
  • Open Floorplan
  • Cathedral Ceiling
  • Skylights

About This Home

As of April 2019

Cozy 2 Bed/ 2 Bath villa (not a condo) in the community of Melwood Oaks. The Villa features a bright, open kitchen with an eating space, large vaulted ceiling living and dining room with a skylight, split bedroom plan. The master bedroom has an en suite bath with a shower, sink and toilet. The second bathroom features a full size tub enclosure. Both bedrooms are generous in size. The lanai is tiled and air conditioned. The back yard features a raised seating area and a totally enclosed fenced in yard. The Villa also has a single bay garage that is extra deep. The laundry is located in an enclosure in the garage space. The community features a pool and picnic area.

Last Agent to Sell the Property

Richard Scott Waid

LOKATION License #3247100 Listed on: 03/07/2019

LOKATION

Last Buyer's Agent

Jane Bear

ALLIANCE GROUP LIMITED License #0171569

ALLIANCE GROUP LIMITED

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $404

Year Built

  • Built in 1990

Lot Details

  • 3,223 Sq Ft Lot
  • West Facing Home
  • Landscaped with Trees

HOA Fees

  • $192 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Patio Home
  • Villa
  • Property Attached
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,220 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Sliding Doors
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Accessible Home Design

  • Accessible Bedroom
  • Accessible Common Area
  • Accessible Kitchen
  • Accessible Closets
  • Accessible Approach with Ramp

Outdoor Features

  • In Ground Pool
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Rain Gutters
  • Rear Porch

Schools

  • Palm View Elementary School
  • Lincoln Middle School
  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, ground maintenance, pool maintenance
  • Sunvast Management And Service Association, Phone Number (941) 378-0260
  • Visit Association Website
  • Melwood Oaks Sub Community
  • Melwood Oaks Ph Iib Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Community Pool
  • Park

Pet Policy

  • Pets up to 40 lbs
  • Pet Size Limit
  • 2 Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$404

Year Built

Built in 1990

Lot Details

0

HOA Fees

$192 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Maintenance Grounds, Pool Maintenance
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Villa
  • Architectural Style: Patio
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1220
  • Lot Size Acres: 0.07
  • New Construction: No
  • Year Built: 1990
  • Accessibility Features: Accessible Approach with Ramp, Accessible Bedroom, Accessible Central Living Area, Accessible Closets, Accessible Common Area, Accessible Kitchen
  • Lot Size Sq Ft: 3223
  • Directions to Property: U.S. 19 to 43d Street Boulevard West, Left on 3d Avenue West, Right on 40th Court West and then into culdesac, number 431. Sign in Front yard.
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3161077&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3161077&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94118
  • Price per Sq Ft: 131.15
  • Close to Original List Price Ratio: 0.94118
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Skylight(s), Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 431
  • Room Count: 4
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Pool Features: In Ground
  • Exterior Features: Lighting, Rain Gutters, Sidewalk, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Garden
  • Waterfront: No
  • Patio and Porch Features: Deck, Patio, Rear Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0162E
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Park, Pool
  • Association Fee: 192
  • Association Fee Frequency: Monthly
  • Association Name: Sunvast Management And Service
  • Phone: 941-378-0260
  • Association: Yes
  • Senior Community: No
  • Association Website: www.melwoodoaks.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 2304
  • Monthly HOA Fee: 192
  • Total Monthly Fees: 192

Schools

  • Elementary School: Palm View Elementary
  • High School: Palmetto High
  • Middle Or Junior School: Lincoln Middle

Lot Info

  • Zoning: PDR
  • Parcel Number: 2380713152
  • Additional Parcels: No
  • Property Attached Yn: Yes
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Number Limit, Size Limit
  • Pet Size: Medium (36-60 Lbs.)
  • Max Pet Weight: 40
  • Minimum Lease: 1-2 Years
  • Approval Process: Application made to the HOA and include a copy of the contract, together with an application fee of $50.00 per person (each buyer). Background check performed. See additional requirements in the application under attachments.
  • Num Timesper Year: 1
  • Pet Restrictions: Pets must be well behaved and kept on a leash. Cats must be confined to fenced areas. Owners must clean up after pets.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Minimum lease term is one year to the same tenant. Please review other restrictions in the rules and documents.

Tax Info

  • Tax Annual Amount: 404
  • Tax Book Number: 25-3
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2022
Sold by
Bear Jane R and Bear James L
Bought by
Bear Jane R and Bear Jane R
Current Estimated Value
$245,628

Purchase Details

Closed on
Oct 17, 2022
Sold by
Bear Jane R and Bear James L
Bought by
Bear Jodie Lynn

Purchase Details

Listed on
Mar 7, 2019
Closed on
Apr 29, 2019
Sold by
Tremaine Judith K
Bought by
Bear Jane R
Seller's Agent
Richard Scott Waid
LOKATION
Buyer's Agent
Jane Bear
ALLIANCE GROUP LIMITED
List Price
$170,000
Sold Price
$160,000
Premium/Discount to List
-$10,000
-5.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.39%
Original Mortgage
$128,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2017
Sold by
Tremaine Judith K
Bought by
Tremanie Thomas Earl

Purchase Details

Closed on
Mar 1, 2017
Bought by
Tremaine Judith K

Purchase Details

Closed on
Sep 30, 2002
Sold by
Murray J Thomas
Bought by
Tremaine Judith K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,500
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage
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
Bear Jane R $100 --
Bear Jodie Lynn $100 --
Bear Jane R $160,000 Attorney
Tremanie Thomas Earl -- Attorney
Tremaine Judith K $100 --
Tremaine Judith K $95,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bear Jane R $128,000
Previous Owner Tremaine Judith K $85,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/29/2019 04/29/19 Sold $160,000 -5.9% $131 / Sq Ft
03/27/2019 03/27/19 Pending -- -- --
03/06/2019 03/06/19 For Sale $170,000 -- $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
2025 $2,902 $198,629 $35,700 $162,929
2024 $2,902 $198,638 $35,700 $162,938
2023 $2,979 $200,629 $35,700 $164,929
2022 $2,359 $170,387 $35,000 $135,387
2021 $1,966 $128,466 $32,500 $95,966
2020 $2,018 $126,053 $32,500 $93,553
2019 $448 $60,384 $0 $0
2018 $439 $59,258 $0 $0
2017 $399 $58,039 $0 $0
2016 $395 $56,845 $0 $0
2015 $406 $58,537 $0 $0
2014 $406 $58,072 $0 $0
2013 $411 $58,097 $11,069 $47,028
Source: Public Records

Agents Affiliated with this Home

  • Richard Scott Waid

    Seller's Agent in 2019

    Richard Scott Waid

    LoKation Real Estate

    (941) 735-4207

    48 Total Sales

    Richard Scott Waid
    Section Image
  • Jane Bear

    Buyer's Agent in 2019

    Jane Bear

    ALLIANCE GROUP LIMITED

    (941) 737-8937

    1 in this area

    19 Total Sales

    Jane Bear
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: T3161077

Stellar MLS

APN: 23807-1315-2

Florida Manatee County Palmetto 34221 Memphis

431 40th Ct W, Palmetto, FL

This home is located at 431 40th Ct W, Palmetto, FL 34221 since 07 March 2019 and is currently estimated at $245,628, approximately $201 per square foot. This property was built in 1990. 431 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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