5204 Commonwealth Rd Palmetto, FL 34221
Memphis Neighborhood
2
Beds
1
Bath
1,275
Sq Ft
9,120
Sq Ft Lot
Highlights
- 76 Feet of Waterfront
- Parking available for a boat
- Deeded Boat Dock
- Boat Ramp
- Water access To Gulf or Ocean
- Boat Lift
About This Home
As of February 2021Under contract/taking backups. Did you give up on the idea of owning waterfront property? This is an opportunity to own an affordable home in a boating paradise. Enjoy your coffee on the dock in the morning and celebrate the nightly sunset on your frontporch. Enjoy your own private boat and fishing dock plus 2-5000 lb davits and waterfront lanai. Improvements made in 2011: New roof; new kitchen cabinets, counter, flooring and appliances; New bathroom fixtures, plumbing, cabinets, tub with travertine marble surround, sink and travertine flooring; new travertine entry . Improvements made in 2013: New seawall cap, replaced all tiebacks and dead men. Quiet residential neighborhood on a cul du sac street. You 're not just buying a house, you are buying into a lifestyle,. Translate what you love ... to where you live!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,298
Year Built
- Built in 1963
Lot Details
- 9,120 Sq Ft Lot
- Lot Dimensions are 76.0x120.0
- 76 Feet of Waterfront
- Property Fronts a Bay or Harbor
- Property fronts a saltwater canal
- Cul-De-Sac
- West Facing Home
- Xeriscape Landscape
- Level Lot
- Irrigation
- Property is zoned RSF4.5
HOA Fees
- $4 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Workshop in Garage
- Garage Door Opener
- Driveway
- Parking available for a boat
Property Views
- Full Bay or Harbor
- Canal
Home Design
- Ranch Style House
- Slab Foundation
- Shingle Roof
- Block Exterior
- Stucco
Interior Spaces
- 1,275 Sq Ft Home
- Open Floorplan
- Blinds
- Rods
- Sliding Doors
- Combination Dining and Living Room
- Fire and Smoke Detector
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Laminate
- Terrazzo
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry in unit
- Dryer
- Washer
Outdoor Features
- Water access To Gulf or Ocean
- Access To Intracoastal Waterway
- Fishing Pier
- No Fixed Bridges
- Access to Saltwater Canal
- Seawall
- Boat Lift
- Deeded Boat Dock
- Deck
- Patio
- Shed
- Rain Gutters
- Porch
Location
- Flood Zone Lot
Utilities
- Central Heating and Cooling System
- Humidity Control
- Electric Water Heater
- Cable TV Available
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 135
- Assessor Parcel Number 2221600006
Community Details
Overview
- Bay Colony Community
- Palmetto Skyway Subdivision
- The community has rules related to deed restrictions
Recreation
- Boat Ramp
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 5, 2021
Closed on
Feb 18, 2021
Sold by
Shultes Brian F and Shultes Karen V
Bought by
Watson Joseph Anthony and Watson Chris Nabors
Seller's Agent
Jay Travis
RE/MAX ALLIANCE GROUP
Buyer's Agent
Doug Wood
SMITH & ASSOCIATES REAL ESTATE
List Price
$699,000
Sold Price
$650,000
Premium/Discount to List
-$49,000
-7.01%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$101,849
Avg. Annual Appreciation
3.50%
Original Mortgage
$520,000
Outstanding Balance
$465,747
Interest Rate
2.65%
Mortgage Type
New Conventional
Estimated Equity
$294,263
Purchase Details
Closed on
Aug 7, 2015
Sold by
Kramer Lynne
Bought by
Shultes Brian F and Shultes Karen V
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
3%
Mortgage Type
New Conventional
Purchase Details
Listed on
Sep 8, 2013
Closed on
Jan 14, 2014
Sold by
Goldman Thomas W and Goldman Jolaine C
Bought by
Kramer Lynne
List Price
$307,000
Sold Price
$260,000
Premium/Discount to List
-$47,000
-15.31%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.64%
Purchase Details
Closed on
Sep 19, 2008
Sold by
Aurora Loan Services Llc
Bought by
Goldman Thomas W and Goldman Jolaine C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 26, 2008
Sold by
Yarabek John A and Gambina Deborah
Bought by
Aurora Loan Services Llc
Purchase Details
Closed on
Oct 31, 2005
Sold by
Cotterill Eileen L and Cotterill Gerald J
Bought by
Yarabek John A and Gambina Deborah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
7.5%
Mortgage Type
Fannie Mae Freddie Mac
Similar Homes in Palmetto, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $650,000 | Alliance Group Title Llc | |
| Warranty Deed | $278,000 | Integrity Title Services Inc | |
| Warranty Deed | $260,000 | Wr Title Services Llc | |
| Special Warranty Deed | $275,000 | Watson Title Ins Agency Inc | |
| Trustee Deed | -- | Attorney | |
| Trustee Deed | -- | Attorney | |
| Warranty Deed | $560,000 | Able Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $520,000 | New Conventional | |
| Previous Owner | $222,400 | New Conventional | |
| Previous Owner | $215,862 | New Conventional | |
| Previous Owner | $220,000 | Purchase Money Mortgage | |
| Previous Owner | $448,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $84,000 | Stand Alone Second |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/18/2021 02/18/21 | Sold | $650,000 | -7.0% | $393 / Sq Ft |
| 01/16/2021 01/16/21 | Pending | -- | -- | -- |
| 01/05/2021 01/05/21 | For Sale | $699,000 | +168.8% | $422 / Sq Ft |
| 01/15/2014 01/15/14 | Sold | $260,000 | -9.6% | $204 / Sq Ft |
| 11/19/2013 11/19/13 | Pending | -- | -- | -- |
| 09/30/2013 09/30/13 | Price Changed | $287,500 | -3.0% | $225 / Sq Ft |
| 09/17/2013 09/17/13 | Price Changed | $296,500 | -3.4% | $233 / Sq Ft |
| 09/08/2013 09/08/13 | For Sale | $307,000 | -- | $241 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $7,954 | $646,302 | -- | -- |
| 2024 | $7,954 | $614,659 | -- | -- |
| 2023 | $7,884 | $596,756 | $229,500 | $367,256 |
| 2022 | $3,941 | $606,251 | $225,000 | $381,251 |
| 2021 | $3,783 | $298,322 | $0 | $0 |
| 2020 | $3,075 | $237,003 | $0 | $0 |
| 2019 | $3,025 | $231,674 | $0 | $0 |
| 2018 | $2,996 | $227,354 | $0 | $0 |
| 2017 | $2,774 | $222,678 | $0 | $0 |
| 2016 | $2,767 | $218,098 | $0 | $0 |
| 2015 | $3,097 | $212,098 | $0 | $0 |
| 2014 | $3,097 | $197,185 | $0 | $0 |
| 2013 | $2,905 | $181,883 | $107,750 | $74,133 |
Source: Public Records
Agents Affiliated with this Home
-
Jay Travis
Seller's Agent in 2021
Jay Travis
RE/MAX
(941) 812-7277
4 in this area
275 Total Sales
-
Doug Wood
Buyer's Agent in 2021
Doug Wood
SMITH & ASSOCIATES REAL ESTATE
(813) 451-9760
1 in this area
179 Total Sales
Map
Source: Stellar MLS
MLS Number: M5840138
APN: 22216-0000-6
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.
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
Nearby Homes
- 4908 Commonwealth Rd
- 4904 Commonwealth Rd
- 4912 Beacon Rd
- 4908 Arlington Rd
- 4824 Beacon Rd
- 4823 Arlington Rd
- 4819 Palmetto Point Dr
- 4916 Palmetto Point Dr
- 5207 Palmetto Point Dr
- 806 Arlington Rd
- 344 51st Street Ct W
- 811 Arlington Rd
- 4607 5th Ave W
- 5531 2nd Avenue Cir W
- 516 45th Street Ct W
- 4721 1st Ave E
- 146 51st Street Cir E
- 4707 1st Ave E Unit 4707
- 324 43rd Street Blvd W
- 4620 1st Ave E