NOT LISTED FOR SALE

4911 Palmetto Point Dr Palmetto, FL 34221

Memphis Neighborhood

Estimated Value: $820,000 - $931,652

3 Beds
2.5 Baths
2,645 Sq Ft
$331/Sq Ft Est. Value

Last Sold March 29, 2019

Last sale price $530,000 $200 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $5,214/month

225 Days on Market

Highlights

  • 42 Feet of Waterfront
  • Water access To Gulf or Ocean
  • Boat Slip Deeded
  • Parking available for a boat
  • Dock made with wood
  • Boat Lift

About This Home

As of March 2019

Owner is motivated and has priced this home to sell! This waterfront residence offers peaceful canal views from just about every room. Three bedrooms, a bonus study/room, 2 1/2 baths and a 2 car garage are included in this split floor plan. The family room and dining room are open and bright with beautiful captivating views all the way down the canal. Interior amenities include custom closet shelving, vaulted ceilings, fireplace, walk-in closets, a built-in entertainment center, Murphy bed, tile & wood flooring, raised panel doors, crown molding, four recessing sliding glass doors and a large indoor utility room. The kitchen features granite countertops, stainless steel appliances, canister lighting, a breakfast nook viewing the canal and a very nice walk in pantry. Additional amenities include 6K boat lift, davit, concrete seawall, saltwater heated pool and spa, sailboat water, 2017 A/C, 2002 metal roof, 2 sheds, fenced back yard, lush tropical landscaping, parking pad, marine storage dock box all on a nicely sized 1/2 acre. Access Terra Ceia Bay, Tampa Bay and the Gulf of Mexico with no bridges to bay. HOA fees just $50 a year. Enjoy surprise visits from manatees and dolphins. For the saltwater sportsman you can fish from your dock for snook, trout and sheephead. Non-deed restricted. This home has been very competitively priced per square foot as compared to other waterfront homes in the area!

Last Agent to Sell the Property

Sherry Flathman

WAGNER REALTY License #3149646 Listed on: 06/22/2018

WAGNER REALTY

Last Buyer's Agent

Korey Dye

UKEEPCOMMISSION REAL ESTATE License #3303175

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,478

Year Built

  • Built in 1989

Lot Details

  • 0.5 Acre Lot
  • Lot Dimensions are 71.0x128.0
  • 42 Feet of Waterfront
  • Property fronts a saltwater canal
  • Southeast Facing Home
  • Fenced
  • Mature Landscaping
  • Corner Lot
  • Oversized Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF4.5

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 1 Carport Space
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Parking available for a boat

Home Design

  • Custom Home
  • Contemporary Architecture
  • Slab Foundation
  • Metal Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,645 Sq Ft Home
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Den
  • Inside Utility
  • Canal Views
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Slate Flooring
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Heated Spa
  • Saltwater Pool
  • Fence Around Pool
  • Outside Bathroom Access

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • River Access
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Dock has access to water
  • Davits
  • Seawall
  • Boat Lift
  • Boat Slip Deeded
  • Dock made with wood
  • Deck
  • Screened Patio
  • Exterior Lighting
  • Shed
  • Porch

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Bay Colony Community
  • Palmetto Skyway Sec 1 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,478

Year Built

Built in 1989

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary, Custom
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 2645
  • Lot Size Acres: 0.5
  • New Construction: No
  • Year Built: 1989
  • Building Area Total: 3463
  • Lot Size Sq Ft: 21867
  • Directions to Property: Turn West from US 19 onto 50th Street, heading West. When you get to the stop sign stay to your left where 50th Street becomes Palmetto Point Drive. Home will be on your right.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4405167&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4405167&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Subdivision Num: 2206000
  • Property Description: Corner Unit
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.96381
  • Price per Sq Ft: 200.38
  • Close to Original List Price Ratio: 0.89983
  • Ratio: Current Price\Building Area Total: 153.05
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Slate, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: Heated
  • Spa Yn: Yes
  • Window Features: Blinds
  • Street Number Modifier: 4911
  • Room Count: 8
  • Additional Rooms: Breakfast Room Separate, Den/Library/Office, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Other Structures: Shed(s), Storage
  • Pool Features: Heated, In Ground, Outside Bath Access, Salt Water, Screen Enclosure
  • Exterior Features: Fenced, Irrigation System, Lighting, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Terra Ceia Bay
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch, Screened
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Bay/Harbor, Canal - Saltwater, Gulf/Ocean, Gulf/Ocean to Bay, Intracoastal Waterway, River
  • Water Extras: Bridges - No Fixed Bridges, Davits, Dock - Slip Deeded On-Site, Dock - Wood, Dock w/Electric, Dock w/Water Supply, Lift, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0162
  • Waterfront Frontage: 42
  • Water Frontage Feet Canal Salt: 42
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Boat, Driveway, Garage Door Opener
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected, Public, Sewer Connected, Sprinkler Meter
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: One or more photo(s) has been virtually staged.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 50
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 50
  • Monthly HOA Fee: 4.17
  • Total Monthly Fees: 4.17

Lot Info

  • Zoning: RSF4.5
  • Parcel Number: 2208600003
  • Additional Parcels: No
  • Lot Features: Corner Lot, FloodZone, In County, Oversized Lot
  • Lot Dimensions: 71.0X128.0
  • Millage Rate: 15.32
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: None
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 5478
  • Tax Book Number: 0009/0028
  • Tax Lot: 24

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2018
Closed on
Mar 29, 2019
Sold by
Pellon Christian V
Bought by
Grabiak Paul K and Grabiak Laura B
Seller's Agent
Sherry Flathman
WAGNER REALTY
Buyer's Agent
Korey Dye
UKEEPCOMMISSION REAL ESTATE
List Price
$589,000
Sold Price
$530,000
Premium/Discount to List
-$59,000
-10.02%
Current Estimated Value
$874,913

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$344,913
Avg. Annual Appreciation
8.09%
Original Mortgage
$424,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 7, 2011
Closed on
Jan 19, 2012
Sold by
Koselak Dennis and Koselak Jennifer
Bought by
Pellon Christian V
Seller's Agent
Cindy Pierro
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Bev Saunders
CENTURY 21 INTEGRA
List Price
$420,000
Sold Price
$420,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$336,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2004
Sold by
Rhodes Steven C and Martin Laura A
Bought by
Koselak Dennis and Koselak Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
3.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2000
Sold by
Jones Ronald E and Jones Nancy N
Bought by
Rhodes Steven C and Marin Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,400
Interest Rate
8.34%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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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
Grabiak Paul K $387,143 Barnes Walker Title Inc
Pellon Christian V $420,000 Msc Title Inc
Koselak Dennis $515,000 Chelsea Title Company
Rhodes Steven C $257,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grabiak Paul K $175,000
Open Grabiak Paul K $430,000
Closed Grabiak Paul K $45,000
Closed Grabiak Paul K $424,000
Previous Owner Pellon Christian V $336,000
Previous Owner Koselak Dennis E $50,000
Previous Owner Koselak Dennis $580,000
Previous Owner Koselak Dennis E $121,000
Previous Owner Koselak Dennis $412,000
Previous Owner Rhodes Steven C $203,000
Previous Owner Rhodes Steven C $51,400
Previous Owner Rhodes Steven C $205,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2019 03/29/19 Sold $530,000 -3.6% $200 / Sq Ft
02/02/2019 02/02/19 Pending -- -- --
10/18/2018 10/18/18 Price Changed $549,900 -3.4% $208 / Sq Ft
08/11/2018 08/11/18 Price Changed $569,000 -3.4% $215 / Sq Ft
06/22/2018 06/22/18 For Sale $589,000 +40.2% $223 / Sq Ft
01/19/2012 01/19/12 Sold $420,000 0.0% $159 / Sq Ft
11/18/2011 11/18/11 Pending -- -- --
06/07/2011 06/07/11 For Sale $420,000 -- $159 / 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 $5,423 $437,728 -- --
2024 $5,423 $425,392 -- --
2023 $5,365 $413,002 $0 $0
2022 $5,232 $400,973 $0 $0
2021 $5,037 $389,294 $0 $0
2020 $5,203 $383,919 $0 $0
2019 $6,226 $412,221 $127,500 $284,721
2018 $5,913 $385,864 $110,500 $275,364
2017 $5,478 $375,737 $0 $0
2016 $5,298 $354,960 $0 $0
2015 $4,754 $326,417 $0 $0
2014 $4,754 $308,102 $0 $0
2013 $4,683 $299,128 $89,900 $209,228
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4405167

Stellar MLS

APN: 22086-0000-3