NOT LISTED FOR SALE

5118 Palmetto Point Dr Palmetto, FL 34221

Memphis Neighborhood

Estimated Value: $467,000 - $538,000

3 Beds
2 Baths
1,860 Sq Ft
$272/Sq Ft Est. Value

Last Sold June 18, 2021

Last sale price $415,000 $223 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $3,263/month

7 Days on Market

Highlights

  • Boat Ramp
  • Screened Pool
  • Open Floorplan
  • Water Access
  • Fishing
  • Cathedral Ceiling

About This Home

As of June 2021

Multiple offers, highest and best due by Monday. Have you been looking for a 3 bedroom, 2 bath pool home? Does your dream home have a 2 car garage, extra room to park your RV, boat or toys? Have you dreamed of sitting on your porch watching a beautiful Florida sunset? This home in Palmetto Point checks all these boxes and so many more. It features a new travertine entryway and front porch, new ceramic tile floors, new hot water heater. The pool has been remarcited and has a new screened cage. The bedrooms feature closets with organizers in them. It has been freshly painted inside and out. Palmetto Point has an optional HOA fee, which allows you to use the community boat ramp. Just minutes to St. Pete, shopping and restaurants. Come checkout this move in ready home.

Last Agent to Sell the Property

Cindy Christ

FINE PROPERTIES License #3367084 Listed on: 05/04/2021

FINE PROPERTIES

Co-Listed By

Craig Copeman

FINE PROPERTIES License #0153986

Last Buyer's Agent

Julie Franklin

FINE PROPERTIES License #3277283

FINE PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,960

Year Built

  • Built in 1999

Lot Details

  • 0.29 Acre Lot
  • West Facing Home
  • Corner Lot
  • Property is zoned RSF6

Parking

  • 2 Car Attached Garage
  • Parking Pad
  • Garage Door Opener
  • Open Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,860 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Ceiling Fan

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Screened Pool
  • In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Water Access
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Propane
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Property has a Home Owners Association
  • Palmetto Point Community
  • Palmetto Point Subdivision

Recreation

  • Boat Ramp
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,960

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1860
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 1999
  • Lot Size Sq Ft: 12720
  • Directions to Property: North on US 19 turn left on 50th St W turn right on Palmetto Point Drive. House will be on the right.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4499734?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4499734?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.01244
  • Price per Sq Ft: 223.12
  • Close to Original List Price Ratio: 1.01244
  • View: No
  • Co List Office Mls Id: 281515992
  • Co List Office Phone: 941-782-0000
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Open Floorplan, Split Bedroom, Thermostat
  • Appliances Included: Convection Oven, Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 5118
  • Room Count: 12

Exterior Features

  • Direction Faces: West
  • Pool Features: Gunite, In Ground, Screen Enclosure
  • Exterior Features: Rain Gutters, Storage
  • Roof: Shingle
  • Pool Private: Yes
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0162E
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Parking Pad
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Fiber Optics, Phone Available, Propane, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Fishing, Water Access
  • Association Amenities: Cable TV
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Optional
  • Association Approval Required YN: No

Lot Info

  • Zoning: RSF6
  • Parcel Number: 2344900002
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3960
  • Tax Book Number: 3-124
  • Tax Lot: 548

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2021
Closed on
Jun 18, 2021
Sold by
Christ Donald S
Bought by
Ling Eric Joseph and Kleinman Ling Kristen
Seller's Agent
Cindy Christ
FINE PROPERTIES
Buyer's Agent
Julie Franklin
FINE PROPERTIES
List Price
$409,900
Sold Price
$415,000
Premium/Discount to List
$5,100
1.24%
Current Estimated Value
$537,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$122,739
Avg. Annual Appreciation
6.57%
Original Mortgage
$394,250
Outstanding Balance
$361,575
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$179,121

Purchase Details

Listed on
Oct 14, 2011
Closed on
Mar 7, 2012
Sold by
First Horizon Home Loans
Bought by
Christ Donald S
Seller's Agent
Jim Weaver
FLORIDA RESIDENTIAL REALTY
Buyer's Agent
Debbie Vogler
MICHAEL SAUNDERS & COMPANY
List Price
$120,000
Sold Price
$120,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.26%
Original Mortgage
$116,958
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 22, 2011
Sold by
Celico Sandra and Coast Bank Of Florida
Bought by
First Horizon Home Loans

Purchase Details

Closed on
Nov 12, 2004
Sold by
Thomas James A and Thomas Heloise C
Bought by
Celico Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 1999
Sold by
Campos Jesse
Bought by
Thomas James A and Thomas Heloise C

Purchase Details

Closed on
Nov 17, 1998
Sold by
Odoardi Alfred
Bought by
Campos Jesse
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
Ling Eric Joseph $415,000 Attorney
Christ Donald S $120,000 Attorney
First Horizon Home Loans -- Attorney
Celico Sandra $260,000 Gulf Coast Title Closing & E
Thomas James A $139,000 --
Campos Jesse $19,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ling Eric Joseph $394,250
Previous Owner Christ Donald S $120,000
Previous Owner Christ Donald S $116,958
Previous Owner Celico Sandra $100,000
Previous Owner Celico Sandra $208,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2021 06/18/21 Sold $415,000 +1.2% $223 / Sq Ft
05/11/2021 05/11/21 Pending -- -- --
05/04/2021 05/04/21 For Sale $409,900 +241.6% $220 / Sq Ft
02/28/2012 02/28/12 Sold $120,000 0.0% $65 / Sq Ft
12/02/2011 12/02/11 Pending -- -- --
10/14/2011 10/14/11 For Sale $120,000 -- $65 / 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 $4,908 $383,557 -- --
2023 $4,850 $372,385 $0 $0
2022 $4,028 $361,539 $52,500 $309,039
2021 $3,867 $263,793 $56,250 $207,543
2020 $3,960 $257,753 $56,250 $201,503
2019 $3,654 $236,744 $50,000 $186,744
2018 $1,565 $131,111 $0 $0
2017 $1,442 $128,414 $0 $0
2016 $1,431 $125,773 $0 $0
2015 $1,438 $124,899 $0 $0
2014 $1,438 $123,908 $0 $0
2013 $1,429 $122,077 $24,250 $97,827
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Cindy Christ

    FINE PROPERTIES

    (941) 773-9785

    7 in this area

    31 Total Sales

    Section Image
  • Craig Copeman

    Seller Co-Listing Agent in 2021

    Craig Copeman

    FINE PROPERTIES

    (941) 920-7142

    2 in this area

    67 Total Sales

    Section Image
  • Julie Franklin

    Buyer's Agent in 2021

    Julie Franklin

    FINE PROPERTIES

    (941) 752-0887

    3 in this area

    185 Total Sales

    Section Image

  • J

    Seller's Agent in 2012

    Jim Weaver

    FLORIDA RESIDENTIAL REALTY

  • Debbie Vogler

    Buyer's Agent in 2012

    Debbie Vogler

    Michael Saunders

    (941) 705-3328

    84 Total Sales

    Section Image
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Map

Source: Stellar MLS

MLS Number: A4499734

Stellar MLS

APN: 23449-0000-2

Florida Manatee County Palmetto 34221 Memphis

5118 Palmetto Point Dr, Palmetto, FL

This home is located at 5118 Palmetto Point Dr, Palmetto, FL 34221 since 04 May 2021 and is currently estimated at $505,234, approximately $271 per square foot. This property was built in 1999. 5118 Palmetto Point Dr 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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