NOT LISTED FOR SALE

5115 Palmetto Point Dr Palmetto, FL 34221

Memphis Neighborhood

Estimated Value: $585,000 - $843,000

3 Beds
2 Baths
1,885 Sq Ft
$372/Sq Ft Est. Value

Last Sold January 05, 2012

Last sale price $290,000 $154 Per Sq Ft

Est. 144% increase in value since last sale

Current estimated payment $4,303/month

225 Days on Market

Highlights

  • Boat Ramp
  • Boat Lift
  • Oak Trees
  • Access to Bay or Harbor
  • Property Fronts a Bay or Harbor
  • Open Floorplan

About This Home

As of January 2012

This mint condition SAILBOAT water home is located on a deep water canal with a huge lot measuring 100x140ft deep and features New windows and exterior doors, Top of the line Stainless appliances, Large plantation shutters,New A/c and roof in 2006, Gas for cooking and hot H2o Heater, 10,000lbs boat lift and large docking area. This is a very large canal for easy navigation. You can relax by the fireplace and enjoy the original hardwood floors. This home has an open floor plan with water views from almost every room. Located in desirable Palmetto Skyway which has some of the best fishing & boating on the West coast of Florida in Terra Ceia Bay. Seller may consider a Lease Purchase.

Last Agent to Sell the Property

Warren Foley

MELONI REALTY, INC. License #610494 Listed on: 04/26/2011

Last Buyer's Agent

Tami Jones

COMPASS FLORIDA LLC License #3245197

COMPASS FLORIDA LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,861

Year Built

  • Built in 1957

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100.0x140.0
  • Property Fronts a Bay or Harbor
  • Property fronts a saltwater canal
  • Mature Landscaping
  • Oversized Lot
  • Irrigation
  • Oak Trees
  • Property is zoned RSF4.5

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,885 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Blinds
  • Great Room
  • Canal Views
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Access to Bay or Harbor
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Seawall
  • Boat Lift
  • Deck
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Flood Zone Lot

Utilities

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

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Palmetto Skyway Community
  • Palmetto Skyway Sec 1 Subdivision

Recreation

  • Boat Ramp
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,861

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 1885
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 2650
  • Lot Size Sq Ft: 14000
  • Directions to Property: US19 to Palmetto Point Drive to Add
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • List Office Head Office Key Nume: 1048256
  • RATIO Current Price By Calculate: 153.85
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Tax Year: 2010
  • Special Features: None

Interior Features

  • Fireplace Features: Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Ceiling Fans(s), Open Floorplan, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 5115
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Great Room
  • Room Count: 3

Exterior Features

  • Exterior Features: Irrigation System, Rain Gutters
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Access: Bay/Harbor,Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges,Lift,Sailboat Water,Seawall - Concrete
  • Water Extras YN: 1
  • Water View: Canal
  • Water View YN: 1

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Public, Sprinkler Meter
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Playground, Boat Ramp, Water Access
  • Association Amenities: Playground
  • Association: No
  • Association Fee Requirement: Optional

Lot Info

  • Zoning: RSF4.5
  • Parcel Number: 2207700002
  • Additional Parcels: No
  • Lot Features: FloodZone, City Limits, Oversized Lot, Paved
  • Lot Dimensions: 100.0X140.0
  • Homestead YN: 1
  • Future Land Use: 0100

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2012-01-05T00:00:00.000

Tax Info

  • Tax Annual Amount: 3861
  • Tax Book Number: 0009/0028
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Bay/Harbor, Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 25, 2014
Sold by
Jernigan Ross Ralph and Jernigan Jeanne Marie
Bought by
Jernigan Family Trust
Current Estimated Value
$707,764

Purchase Details

Listed on
Apr 26, 2011
Closed on
Jan 5, 2012
Sold by
Woithe Robert D and Woithe Debra C
Bought by
Jernigan Ross R and Jernigan Jeanne M
Seller's Agent
Warren Foley
MELONI REALTY, INC.
Buyer's Agent
Tami Jones
COMPASS FLORIDA LLC
List Price
$290,000
Sold Price
$290,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.84%
Original Mortgage
$217,500
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 25, 2002
Sold by
Rosenauer Steven Dale and Rosenauer Carol Grace
Bought by
Woithe Robert D and Childs Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 1998
Sold by
Wyatt John N and Wyatt Marie M
Bought by
Rosenauer Steven Dale and Rosenauer Carol Grace

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.11%

Purchase Details

Closed on
Feb 29, 1996
Sold by
Archbold John Douglas and Archbold Michelle Louise
Bought by
Wyatt John and Wyatt Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,800
Interest Rate
6.97%

Purchase Details

Closed on
Jun 2, 1994
Sold by
Archbold Douglas and Archbold Michelle
Bought by
Archbold John Douglas and Archbold Michelle Louise
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
Jernigan Family Trust -- Attorney
Jernigan Ross R $290,000 Barnes Walker Title Inc
Woithe Robert D $282,500 --
Rosenauer Steven Dale $150,000 --
Wyatt John $145,500 --
Archbold John Douglas -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jernigan Ross R $208,000
Closed Jernigan Ross R $217,500
Previous Owner Woithe Robert D $148,000
Previous Owner Woithe Robert D $150,000
Previous Owner Rosenauer Steven Dale $100,000
Previous Owner Wyatt John $130,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2015 12/14/15 Off Market $290,000 -- --
01/05/2012 01/05/12 Sold $290,000 0.0% $154 / Sq Ft
12/07/2011 12/07/11 Pending -- -- --
04/25/2011 04/25/11 For Sale $290,000 -- $154 / 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
2024 $5,354 $425,267 -- --
2023 $5,295 $412,881 $0 $0
2022 $5,223 $400,855 $0 $0
2021 $5,029 $389,180 $0 $0
2020 $5,194 $383,807 $0 $0
2019 $5,121 $375,178 $160,000 $215,178
2018 $5,094 $368,983 $0 $0
2017 $4,727 $361,394 $0 $0
2016 $4,726 $353,961 $0 $0
2015 $4,064 $290,372 $0 $0
2014 $4,064 $261,926 $0 $0
2013 $4,130 $262,696 $131,500 $131,196
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: R4596207

Stellar MLS

APN: 22077-0000-2