NOT LISTED FOR SALE

524 48th St W Palmetto, FL 34221

Estimated Value: $272,000 - $429,000

3 Beds
2 Baths
1,572 Sq Ft
$221/Sq Ft Est. Value

Last Sold October 28, 2021

Last sale price $324,900 $207 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $2,109/month

4 Days on Market

Highlights

  • Boat Ramp
  • Access to Bay or Harbor
  • Open Floorplan
  • Parking available for a boat
  • Fishing
  • Ranch Style House

About This Home

As of October 2021

Welcome home to Palmetto Point, one of Manatee County's best kept secrets. This meticulously maintained 3 bedroom, 2 bath home is located in the waterfront community of Palmetto Point, just a few steps away from Terra Ceia Bay. You will be instantly impressed with the paver driver and wonderful curb appeal. Once inside, you will enjoy the updated kitchen as well as both bathrooms. The kitchen boasts stainless steel appliances along with granite countertops and backsplash. The bathrooms have updated vanities, flooring, and shower/tubs. The waterproof simulated wood vinyl flooring in the main living areas is also a nice upgrade. The HVAC system and ductwork was updated in 2018. The hot water heater was updated in 2017 along with the addition of additional attic insulation. The screened lanai is the perfect spot to catch up on the daily news or to enjoy a morning cup of coffee. There is also a huge storage shed that was added to the property in 2016 as well. The community offers a boat ramp to homeowners for a nominal yearly fee. The neighborhood does not have any mandatory HOA's or CDD fees, so go ahead and bring all of your toys. Commuting is a breeze as US-19, US-301, I-275, and I-75 are just minutes away. Hurry and put this one on your list today, before you miss out on your opportunity to OWN your little slice of paradise in southwest Florida!

Last Agent to Sell the Property

Tim Lester

TIM LESTER INTERNAT'L REALTY License #3101382 Listed on: 09/10/2021

Last Buyer's Agent

Jordan Chancey, PA

MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC License #3140532

MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,778

Year Built

  • Built in 1971

Lot Details

  • 8,067 Sq Ft Lot
  • Unincorporated Location
  • South Facing Home
  • Vinyl Fence
  • Wood Fence
  • Landscaped with Trees
  • Property is zoned RSF6

Home Design

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

Interior Spaces

  • 1,572 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Laundry in unit

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • Driveway
  • Parking available for a boat

Outdoor Features

  • Access to Bay or Harbor
  • Covered Patio or Porch

Schools

  • Palm View Elementary School
  • Palmetto High School

Additional Features

  • Flood Zone Lot
  • Central Heating and Cooling System

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Palmetto Point Community
  • Palmetto Point Subdivision
  • The community has rules related to allowable golf cart usage in the community

Recreation

  • Boat Ramp
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,778

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1572
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1971
  • Building Area Total: 1836
  • Lot Size Sq Ft: 8067
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511914?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511914?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 206.68
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 176.96
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Room Count: 7

Exterior Features

  • Direction Faces: South
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Terra Ceia Bay
  • Waterfront: No
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water Access: Bay/Harbor
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0162E
  • Disclosures: Lead Paint, Other, Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Boat, Driveway
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Boat Ramp, Fishing, Golf Carts OK, Water Access
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Schools

  • Elementary School: Palm View Elementary
  • High School: Palmetto High

Lot Info

  • Zoning: RSF6
  • Parcel Number: 2361100059
  • Additional Parcels: No
  • Fencing: Vinyl, Wood
  • Lot Features: FloodZone, In County, Unincorporated
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: Verify all pet restrictions with Manatee County
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Verify all leasing restrictions with Manatee County

Tax Info

  • Tax Annual Amount: 2778
  • Tax Book Number: 3-124
  • Tax Lot: 887

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2021
Closed on
Oct 28, 2021
Sold by
Schmitt John J and Schmitt Brenda L
Bought by
Davila Alexa D and Davila Michael W
Seller's Agent
Tim Lester
TIM LESTER INTERNAT'L REALTY
Buyer's Agent
Jordan Chancey, PA
MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC
List Price
$324,900
Sold Price
$324,900
Current Estimated Value
$347,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$22,216
Avg. Annual Appreciation
1.67%
Original Mortgage
$308,655
Outstanding Balance
$282,075
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$65,041

Purchase Details

Listed on
Apr 28, 2018
Closed on
Jun 30, 2018
Sold by
Fallon Terry and Fallon Kelli
Bought by
Schmitt John J and Schmitt Brenda L
Seller's Agent
Annette Stanoch
FINE PROPERTIES
Buyer's Agent
Tim Lester
TIM LESTER INTERNAT'L REALTY
List Price
$225,000
Sold Price
$213,000
Premium/Discount to List
-$12,000
-5.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.52%

Purchase Details

Closed on
Jun 30, 2015
Sold by
Prosser Bryan
Bought by
Fallon Terry and Fallon Terri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,650
Interest Rate
3.89%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 30, 2005
Sold by
Wright Gerald and Prosser Bryan
Bought by
Prosser Bryan

Purchase Details

Closed on
Apr 29, 2005
Sold by
Curtan Joseph and Curtan Joanne
Bought by
Wright Gerald and Prosser Bryan

Purchase Details

Closed on
Sep 1, 2000
Sold by
Veterans Affairs
Bought by
Curtain Joseph and Curtan Joanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,100
Interest Rate
8.24%
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
Davila Alexa D $324,900 Attorney
Schmitt John J $213,000 Attorney
Fallon Terry $109,000 Attorney
Prosser Bryan $54,000 --
Wright Gerald $190,000 Barnes Walker Title Inc
Curtain Joseph $73,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davila Alexa D $308,655
Previous Owner Fallon Terry $92,650
Previous Owner Curtain Joseph $72,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2021 10/28/21 Sold $324,900 0.0% $207 / Sq Ft
09/14/2021 09/14/21 Pending -- -- --
09/10/2021 09/10/21 For Sale $324,900 +52.5% $207 / Sq Ft
07/02/2018 07/02/18 Sold $213,000 -5.3% $135 / Sq Ft View Prior Sale
06/04/2018 06/04/18 Pending -- -- --
06/02/2018 06/02/18 For Sale $225,000 0.0% $143 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
04/28/2018 04/28/18 For Sale $225,000 -- $143 / 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 $3,510 $257,492 $59,925 $197,567
2024 $3,510 $280,675 $59,925 $220,750
2023 $3,571 $280,569 $0 $0
2022 $2,837 $272,397 $42,000 $230,397
2021 $2,724 $182,196 $45,000 $137,196
2020 $2,778 $177,307 $45,000 $132,307
2019 $2,581 $162,386 $40,000 $122,386
2018 $1,163 $103,040 $0 $0
2017 $1,069 $100,921 $0 $0
2016 $1,056 $98,845 $0 $0
2015 $1,048 $69,798 $0 $0
2014 $1,048 $59,505 $0 $0
2013 $973 $53,608 $17,250 $36,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4511914

Stellar MLS

APN: 23611-0005-9