NOT LISTED FOR SALE

4811 Commonwealth Rd Palmetto, FL 34221

Estimated Value: $930,000 - $1,328,745

4 Beds
4 Baths
3,401 Sq Ft
$324/Sq Ft Est. Value

Last Sold October 31, 2013

Last sale price $425,250 $125 Per Sq Ft

Est. 159% increase in value since last sale

Current estimated payment $7,150/month

111 Days on Market

Highlights

  • Boat Ramp
  • Private Pool
  • Cathedral Ceiling
  • Water access To Gulf or Ocean
  • Canal View
  • Mediterranean Architecture

About This Home

As of October 2013

SHORT SALE: Bring your buyers to view this Huge 4 bedroom and 4 bathroom home on a salt water canal that leads to Tera Teia Bay and from there into the Gulf. Located in Bay Colony this spacious home goes on and on. The Beautiful Kitchen with Granite counter tops and solid wood cabinets, plus a breakfast bar with an eat in kitchen is gorgeous. Large living spaces with upgrades galore are the signature of quality in this home. The quality is evident in the bathrooms, bedrooms and everywhere in between. Don't miss out on this unique property, make your appointment today. "This property is to be placed in an upcoming auction. All auction properties are subject to a 5% buyer's premium pursuant to the Auction Terms & Conditions (minimums will apply). Please contact listing agent for details and commission paid on this property."

Last Agent to Sell the Property

Tim Lester

TIM LESTER INTERNAT'L REALTY Brokerage Phone: 941-981-5388 License #3101382 Listed on: 06/07/2013

Last Buyer's Agent

Tim Lester

TIM LESTER INTERNAT'L REALTY Brokerage Phone: 941-981-5388 License #3101382 Listed on: 06/07/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,678

Year Built

  • Built in 1991

Lot Details

  • 10,080 Sq Ft Lot
  • Lot Dimensions are 84.0x120.0
  • Property fronts a saltwater canal
  • Property is zoned RSF4.5

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Tri-Level Property
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,401 Sq Ft Home
  • Wet Bar
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Storage Room
  • Laundry in Hall
  • Ceramic Tile Flooring
  • Canal Views
  • Security System Owned

Kitchen

  • Built-In Oven
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Bedrooms and Bathrooms

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

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Water access To Gulf or Ocean
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Boat Ramp
  • Balcony
  • Exterior Lighting

Location

  • Flood Zone Lot

Utilities

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

Listing and Financial Details

Community Details

Overview

  • Bay Colony Community
  • Palmetto Skyway Subdivision

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,678

Year Built

Built in 1991

Lot Details

10,080 Sq Ft Lot

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3401
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1991
  • Building Area Total: 4451
  • Lot Size Sq Ft: 10080
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 413.51
  • RATIO Current Price By Calculate: 125.04
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • MFR_CommunityAssociationWaterFeatures: Private Boat Ramp
  • Attribution Contact: 941-981-5388
  • Tax Year: 2012
  • Special Features: 4108

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 4
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Central Vaccum, Crown Molding, Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Electric Water Heater, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Yn: Yes
  • Window Features: Blinds, Window Treatments
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Storage Rooms
  • Living Area Meters: 315.96

Exterior Features

  • Exterior Features: Balcony, Lighting
  • Roof: Tile
  • Home Warranty: No
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Water Access: Bay/Harbor,Canal - Saltwater,Gulf/Ocean
  • Water Extras: Boat Ramp - Private,Bridges - No Fixed Bridges,Seawall - Concrete
  • Water View: Canal
  • Water View YN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: Cable Available, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Corridor Access, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Association: No
  • Security: Security System Owned
  • Senior Community: No
  • Association Fee Requirement: Optional

Fee Information

  • Total Annual Fees: 50.00
  • Total Monthly Fees: 4.17

Lot Info

  • Zoning: RSF4.5
  • Parcel Number: 2224500005
  • Additional Parcels: No
  • Lot Features: FloodZone, Paved
  • Lot Dimensions: 84.0X120.0
  • Flood Zone Code: AE
  • Future Land Use: 0100

Rental Info

  • Furnished: Unfurnished
  • Expected Lease Date: 2013-10-31T00:00:00.000

Tax Info

  • Tax Annual Amount: 5678
  • Tax Block: 2214100
  • Tax Book Number: 0012/0015
  • Tax Lot: 161

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 9, 2022
Sold by
Lung Rudy M
Bought by
Najmy Joseph L
Current Estimated Value
$1,102,186

Purchase Details

Listed on
Jun 7, 2013
Closed on
Oct 31, 2013
Sold by
Tonitis Edward and Tonitis Kristie L
Bought by
Lung Rudy M
Seller's Agent
Tim Lester
TIM LESTER INTERNAT'L REALTY
Buyer's Agent
Tim Lester
TIM LESTER INTERNAT'L REALTY
List Price
$424,900
Sold Price
$425,250
Premium/Discount to List
$350
0.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.98%

Purchase Details

Closed on
May 28, 2004
Sold by
Bordogna Charles Joseph and Bordogna Marie
Bought by
Tonitis Edward and Tonitis Kristie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Najmy Joseph L $100 --
Lung Rudy M $425,300 Fidelity Title & Exchange Se
Tonitis Edward $665,000 Manasota Professional Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tonitis Edward $532,000
Closed Tonitis Edward $66,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/31/2013 10/31/13 Sold $425,250 +0.1% $125 / Sq Ft
09/27/2013 09/27/13 Pending -- -- --
09/09/2013 09/09/13 For Sale $424,900 0.0% $125 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
06/17/2013 06/17/13 Price Changed $424,900 -1.2% $125 / Sq Ft
06/07/2013 06/07/13 For Sale $429,900 -- $126 / Sq Ft
Source: Stellar MLS

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 $15,074 $1,107,037 $267,750 $839,287
2023 $14,237 $1,021,931 $229,500 $792,431
2022 $11,448 $907,433 $225,000 $682,433
2021 $9,309 $661,103 $175,000 $486,103
2020 $8,904 $601,523 $150,000 $451,523
2019 $8,212 $547,673 $150,000 $397,673
2018 $8,163 $537,163 $150,000 $387,163
2017 $7,397 $511,480 $0 $0
2016 $7,272 $496,619 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: M5838134

Stellar MLS

APN: 22245-0000-5

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