NOT LISTED FOR SALE

48 Lema Ln Palm Coast, FL 32137

Estimated Value: $455,000 - $474,000

4 Beds
3 Baths
2,306 Sq Ft
$202/Sq Ft Est. Value

Last Sold December 28, 2023

Last sale price $475,000 $206 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,663/month

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Laundry Room
  • Indian Trails Middle School Rated A-
  • In-Law or Guest Suite
  • Central Heating and Cooling System

About This Home

As of December 2023

Beautiful, Brand New, Award-Winning Home! This home is an Energy Efficient Home that is MOVE-IN READY! (photos of previously built home). This home takes energy efficiency to a whole new level that will significantly reduce your electric bill. Your utility cost savings are estimated at $1,206 per year. Energy Efficient Features: Spray foam insulation and double pane windows that create an airtight seal, LED lighting, energy star appliances, the most energy efficient water heater on the market, insulated ductwork, high performance HVAC units and more. Standard Features: This home has a spacious open floor plan, bonus room, quartz countertops, stainless steel appliances, 42” real wood soft close cabinets, luxury tile plank flooring, 9’4” ceilings with tray ceiling in primary suite, huge walk-in closets, covered lanais, irrigation systems, designer landscaping, and a 10 year structural warranty by Maverick.

Last Agent to Sell the Property

Stellar Non-Member Agent

Stellar Non-Member Office Listed on: 12/28/2023

Stellar Non-Member Office

Last Buyer's Agent

Alex Gutterman

BRITE REALTY GROUP License #3343103

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $836

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.29 Acre Lot
  • Irrigation
  • Property is zoned SFR-3

Parking

  • 2 Car Attached Garage

Home Design

  • 2,306 Sq Ft Home
  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Stucco

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Electric Water Heater
  • Cable TV Available

Additional Features

  • Laundry Room
  • Rain Gutters
  • 195 SF Accessory Dwelling Unit

Community Details

  • Built by Brite Homes
  • Matanzas Woods Subdivision, The Brite Dream Floorplan

Listing and Financial Details

  • Legal Lot and Block 10 / 149
  • Assessor Parcel Number 07-11-31-7037-01490-0100

Home Details

Home Type

Single Family

Est. Annual Taxes

$836

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Concrete, Stucco
  • Fireplace: No
  • Living Area: 2306
  • Lot Size Acres: 0.29
  • New Construction: Yes
  • Year Built: 2023
  • Building Area Total: 2954
  • Lot Size Sq Ft: 12502
  • Directions to Property: GPS to 48 Lema Ln, Palm Coast, FL 32137.
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • List Office Head Office Key Nume: 1051524
  • RATIO Current Price By Calculate: 205.98
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Permit Number: 2022120049
  • MFR_NumAssignedParkingSpaces: 2
  • MFR_InLawSuiteYN: 0
  • MFR_InLawSuiteUnderAirSqFt: 195.00
  • Tax Year: 2023
  • Special Features: NewHome

Interior Features

  • Living Area Units: Square Feet
  • Full Bathrooms: 3
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 48
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Interior In-Law Suite w/No Private Entry
  • Living Area Meters: 214.23
  • Room Count: 3

Exterior Features

  • Exterior Features: Irrigation System, Rain Gutters
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2018-06-06
  • Flood Zone Panel: 12035C0110E

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Senior Community: No
  • Association 2 YN: 0
  • Development: Not Assigned

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: SFR-3
  • Parcel Number: 07-11-31-7037-01490-0100
  • Additional Parcels: No
  • Flood Zone Code: X
  • Homestead YN: 0
  • Lot Size Square Meters: 1161

Green Features

  • Green Verification Count: 0

Building Info

  • Builder Name: Brite Homes

Tax Info

  • Tax Annual Amount: 835.67
  • Tax Block: 149
  • Tax Book Number: 2768/1283
  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2023
Closed on
Dec 28, 2023
Sold by
Brite Life Ventures Llc
Bought by
Gallops Canty and Bonacci Michelle Lee
Seller's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
Buyer's Agent
Alex Gutterman
BRITE REALTY GROUP
List Price
$475,000
Sold Price
$475,000
Current Estimated Value
$465,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$9,855
Avg. Annual Appreciation
-1.41%
Original Mortgage
$225,000
Outstanding Balance
$222,274
Interest Rate
7.29%
Mortgage Type
New Conventional
Estimated Equity
$242,871

Purchase Details

Closed on
Mar 22, 2023
Sold by
Brite Properties Of Florida Llc Le
Bought by
Brite Life Ventures Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,030
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 15, 2022
Sold by
Joseph A Marubbio Living Trust
Bought by
Brite Properties Of Florida Llc

Purchase Details

Closed on
Jun 25, 2020
Sold by
Joseph A Marubbio Living Trust
Bought by
Joseph A Marubbio Living Trust

Purchase Details

Closed on
Feb 27, 1998
Sold by
Marubbio Joseph A
Bought by
Marubbio Joseph A
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 Buyer Sale Price Title Company
Gallops Canty $475,000 None Listed On Document
Brite Life Ventures Llc -- None Listed On Document
Brite Properties Of Florida Llc $55,000 Wharton Law Group Pa
Joseph A Marubbio Living Trust $100 Andersen Firm
Marubbio Joseph A -- None Available
Marubbio Joseph A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gallops Canty $225,000
Previous Owner Brite Life Ventures Llc $318,030
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/28/2023 12/28/23 Sold $475,000 0.0% $206 / Sq Ft
12/28/2023 12/28/23 For Sale $475,000 -- $206 / Sq Ft
04/18/2023 04/18/23 Pending -- -- --
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 $862 $359,132 $46,500 $312,632
2023 $862 $46,500 $46,500 $0
2022 $521 $47,000 $47,000 $0
2021 $385 $25,000 $25,000 $0
2020 $340 $20,000 $20,000 $0
2019 $312 $18,000 $18,000 $0
2018 $277 $14,500 $14,500 $0
2017 $244 $12,000 $12,000 $0
2016 $230 $10,890 $0 $0
2015 $204 $9,900 $0 $0
2014 $187 $9,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: J970678

Stellar MLS

APN: 07-11-31-7037-01490-0100