NOT LISTED FOR SALE

5123 Palmetto Point Dr Palmetto, FL 34221

Memphis Neighborhood

Estimated Value: $626,000 - $850,000

3 Beds
2 Baths
2,020 Sq Ft
$373/Sq Ft Est. Value

Last Sold June 22, 2012

Last sale price $305,000 $151 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $4,503/month

26 Days on Market

Highlights

  • Sailboat Water Access
  • Canal View
  • Contemporary Architecture
  • Boat Lift
  • Deck
  • Mature Landscaping

About This Home

As of June 2012

A wonderful spacious home within minutes by boat to Tampa Bay or the Gulf of Mexico. Situated on a 14,000 square foot lot, this 2020 square foot home boasts a split plan with three very large bedrooms and two bathrooms. The living room and dining area are also generous in size and lead to the 26 x 20 screen porch. You also have access to the outside screened area from the kitchen and breakfast nook. Laminate floors in a majority of the home. Views of the saltwater 100 ft deep canal from nearly every room. Keep your boat with you as this sale comes with dock and 9000 pound lift. The canal can accommodate 50-60 ft sailboats. Window have been updated with a more energy efficient product. Located in the Palmetto Skyway area known for some of the best fishing spots on Florida's west coast as well as easy access to major thoroughfares. Seawall recapped in 2001 with new tiebacks.

Last Agent to Sell the Property

Leah Secondo

MICHAEL SAUNDERS & COMPANY License #0690285 Listed on: 04/12/2012

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Kent Ellermets

ELLERMETS REALTY, INC License #3113298

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,621

Year Built

  • Built in 1957

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100.0x140.0
  • Property fronts a saltwater canal
  • Southeast Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned RSF4.5

HOA Fees

  • $4 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,020 Sq Ft Home
  • Ceiling Fan
  • French Doors
  • Sliding Doors
  • Combination Dining and Living Room
  • Inside Utility
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Sailboat Water Access
  • No Fixed Bridges
  • Access to Saltwater Canal
  • Boat Lift
  • Deck
  • Covered Patio or Porch
  • Shed

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Palmetto Skyway Community
  • Palmetto Skyway Sec 1 Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,621

Year Built

Built in 1957

Lot Details

0

HOA Fees

$4 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2020
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 3324
  • Lot Size Sq Ft: 14000
  • Directions to Property: US 41 N through Palmetto - stay to left on US 19 N left on Palmetto Pt. Dr.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5828489&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5828489&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 2206000
  • Call Center Phone Number: 941-308-7777
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 0.92705
  • Price per Sq Ft: 150.99
  • Close to Original List Price Ratio: 0.92705
  • Ratio: Current Price\Building Area Total: 91.76
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Living Room/Dining Room Combo, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 5123
  • Room Count: 8
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southeast
  • Other Structures: Shed(s), Storage
  • Exterior Features: French Doors, Irrigation System, Sliding Doors, Storage
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Water View: Canal
  • Water Access: Canal - Saltwater
  • Water Extras: Bridges - No Fixed Bridges, Lift, Sailboat Water
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 50
  • Association: No
  • Association Fee Requirement: Optional

Fee Information

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

Lot Info

  • Zoning: RSF4.5
  • Parcel Number: 2207500006
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Dimensions: 100.0X140.0
  • Millage Rate: 15.56
  • Future Land Use: 0100
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Expected Lease Date: 2012-06-22T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 3621
  • Tax Book Number: 0009/0028
  • Tax Lot: 13

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2012
Closed on
Jun 22, 2012
Sold by
Gibbons Thomas L and The Thomas L Gibbons Sr Rev Li
Bought by
Barker Jonathan R and Barker Erin J
Seller's Agent
Leah Secondo
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Kent Ellermets
ELLERMETS REALTY, INC
List Price
$305,000
Sold Price
$305,000
Current Estimated Value
$752,552

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,552
Avg. Annual Appreciation
7.09%
Original Mortgage
$240,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 3, 2011
Sold by
Gibbons Thomas L
Bought by
Gibbons Thomas L and The Thomas L Gibbons Sr Living

Purchase Details

Closed on
Apr 14, 2004
Sold by
Livin Gibbons Lois A and Livin James W Giffen Revocable
Bought by
Gibbons Lois A and Gibbons Thomas 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
5.88%
Mortgage Type
Credit Line Revolving
Source: Public Records

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
Barker Jonathan R $305,000 Integrity Title Services Inc
Gibbons Thomas L -- Attorney
Gibbons Lois A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barker Jonathan R $100,000
Open Barker Jonathan R $220,400
Closed Barker Jonathan R $40,000
Closed Barker Jonathan R $240,000
Previous Owner Gibbons Thomas L $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2012 06/22/12 Sold $305,000 0.0% $151 / Sq Ft
05/09/2012 05/09/12 Pending -- -- --
04/12/2012 04/12/12 For Sale $305,000 -- $151 / 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 $4,782 $398,257 -- --
2024 $4,782 $377,475 -- --
2023 $4,728 $366,481 $0 $0
2022 $4,607 $355,807 $0 $0
2021 $4,433 $345,444 $0 $0
2020 $4,153 $311,464 $0 $0
2019 $4,092 $304,461 $0 $0
2018 $4,058 $298,784 $0 $0
2017 $3,763 $292,639 $0 $0
2016 $3,759 $286,620 $0 $0
2015 $3,807 $284,628 $0 $0
2014 $3,807 $282,369 $0 $0
2013 $3,796 $278,196 $131,500 $146,696
Source: Public Records

Agents Affiliated with this Home

  • Leah Secondo

    Seller's Agent in 2012

    Leah Secondo

    Michael Saunders

    (941) 545-4430

    62 Total Sales

    Leah Secondo
    Section Image
  • Kent Ellermets

    Buyer's Agent in 2012

    Kent Ellermets

    ELLERMETS REALTY, INC

    (941) 224-7224

    55 Total Sales

    Kent Ellermets
    Section Image
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Map

Source: Stellar MLS

MLS Number: M5828489

Stellar MLS

APN: 22075-0000-6

Florida Manatee County Palmetto 34221 Memphis

5123 Palmetto Point Dr, Palmetto, FL

This home is located at 5123 Palmetto Point Dr, Palmetto, FL 34221 since 12 April 2012 and is currently estimated at $752,552, approximately $372 per square foot. This property was built in 1957. 5123 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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