NOT LISTED FOR SALE

525 45th Street Ct W Palmetto, FL 34221

Memphis Neighborhood

Estimated Value: $296,806 - $369,000

3 Beds
2 Baths
1,554 Sq Ft
$219/Sq Ft Est. Value

Last Sold February 27, 2019

Last sale price $220,000 $142 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $2,043/month

51 Days on Market

Highlights

  • Fishing Pier
  • Open Floorplan
  • Stone Countertops
  • Boat Ramp
  • Ranch Style House
  • No HOA

About This Home

As of February 2019

Completely updated Florida style home in a very desirable Palmetto Point waterfront boating community, with a private neighborhood boat ramp with direct access to Terra Via Bay, ICW, and the Gulf. Small optional fee allows access to boat ramp and rec. building. The home has brand new appliances, granite countertops, and updated bathrooms that are sure to impress. Hop into the car and take a quick 15 mile drive to Holmes Beach and enjoy all Florida has to offer. Turn this house into a home today!

Last Agent to Sell the Property

Brandon Henderson

LIMBO COMPANY SARASOTA ASSOC License #3427322 Listed on: 12/07/2018

Last Buyer's Agent

Shannon Nealey

License #3282865

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $633

Year Built

  • Built in 1957

Lot Details

  • 8,059 Sq Ft Lot
  • North Facing Home
  • Fenced
  • Property is zoned RSF6

Home Design

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

Interior Spaces

  • 1,554 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Laundry Room

Kitchen

  • Range with Range Hood
  • Dishwasher
  • Stone Countertops

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

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

Parking

  • 2 Carport Spaces
  • Driveway

Outdoor Features

  • Fishing Pier
  • Access to Bay or Harbor
  • No Fixed Bridges
  • Boat Ramp

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Utilities

  • Central Heating and Cooling System
  • Thermostat

Community Details

  • No Home Owners Association
  • Palmetto Point Community
  • Palmetto Point Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$633

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1554
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1957
  • Lot Size Sq Ft: 8059
  • Directions to Property: From west on 45th Ct. W/Kensico Rd toward E rd/3rd ave W
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4421080&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4421080&cview=true&show_results=true&customer_portal=true
  • Floor Number: 1
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 141.57
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Open Floorplan, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 525
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Water Body Name: Terra Ceia Bay
  • Waterfront: No
  • Water Access: Bay/Harbor
  • Water Extras: Boat Ramp - Private, Bridges - No Fixed Bridges, Fishing Pier
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0162E
  • Disclosures: Lead Paint

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Water Access
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: RSF6
  • Parcel Number: 2351100009
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Check with County Rules & Regulations

Tax Info

  • Tax Annual Amount: 633
  • Tax Book Number: 3-124
  • Tax Lot: 680

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2018
Closed on
Feb 27, 2019
Sold by
Henderson Brandon
Bought by
Davy Jennifer M
Seller's Agent
Brandon Henderson
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Shannon Nealey
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$340,702

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,702
Avg. Annual Appreciation
8.54%
Original Mortgage
$216,015
Interest Rate
5.37%
Mortgage Type
FHA

Purchase Details

Listed on
Feb 2, 2018
Closed on
Sep 21, 2018
Sold by
Rousseau Aimee M and Rousseau Michael T
Bought by
Harbor Bay Equity Llc
Seller's Agent
Pamela Edgington
BERKSHIRE HATHAWAY HOMESERVICE
Buyer's Agent
Jabbar Thomas
List Price
$159,900
Sold Price
$133,900
Premium/Discount to List
-$26,000
-16.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
209.10%
Interest Rate
4.65%

Purchase Details

Listed on
Feb 2, 2018
Closed on
Sep 19, 2018
Sold by
Harbor Bay Equity Llc
Bought by
Henderson Brandon
Seller's Agent
Pamela Edgington
BERKSHIRE HATHAWAY HOMESERVICE
Buyer's Agent
Jabbar Thomas
List Price
$159,900
Sold Price
$133,900
Premium/Discount to List
-$26,000
-16.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
4.65%

Purchase Details

Closed on
Jun 16, 2008
Sold by
Rousseau Michael T and Rousseau Aimee M
Bought by
Rousseau Ivan D and Rousseau Michael T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,268
Interest Rate
5.97%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2002
Sold by
Moffatt James B and Moffatt Rebecca G
Bought by
Rousseau Michael and Rousseau Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,175
Interest Rate
7.16%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 4, 2001
Sold by
Barber Larry and Barber Debra Diane
Bought by
Moffatt James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,250
Interest Rate
6.85%
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
Davy Jennifer M $220,000 Attorney
Harbor Bay Equity Llc $133,900 --
Henderson Brandon $140,000 Tiago National Title Llc
Rousseau Ivan D -- None Available
Rousseau Michael T -- None Available
Rousseau Michael $118,000 --
Moffatt James B $75,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Davy Jennifer M $25,000
Open Davy Jennifer M $264,550
Closed Davy Jennifer M $216,015
Previous Owner Harbor Bay Equity Llc --
Previous Owner Rousseau Micheal T $116,268
Previous Owner Rousseau Michael $116,175
Previous Owner Moffatt James B $71,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2019 02/27/19 Sold $220,000 0.0% $142 / Sq Ft
01/27/2019 01/27/19 Pending -- -- --
12/07/2018 12/07/18 For Sale $220,000 +64.3% $142 / Sq Ft
09/20/2018 09/20/18 Sold $133,900 -16.3% $86 / Sq Ft
09/03/2018 09/03/18 Pending -- -- --
07/03/2018 07/03/18 For Sale $159,900 0.0% $103 / Sq Ft
06/15/2018 06/15/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $159,900 0.0% $103 / Sq Ft
05/30/2018 05/30/18 Price Changed $159,900 -5.9% $103 / Sq Ft
05/23/2018 05/23/18 Pending -- -- --
05/15/2018 05/15/18 Price Changed $169,900 -1.8% $109 / Sq Ft
02/02/2018 02/02/18 For Sale $173,000 -- $111 / 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 $2,244 $187,659 -- --
2023 $2,201 $182,193 $0 $0
2022 $2,132 $176,886 $0 $0
2021 $2,038 $171,734 $0 $0
2020 $2,095 $169,363 $45,000 $124,363
2019 $2,130 $132,796 $40,000 $92,796
2018 $681 $68,223 $0 $0
2017 $633 $66,820 $0 $0
2016 $631 $65,446 $0 $0
2015 $720 $64,991 $0 $0
2014 $720 $63,194 $0 $0
2013 $705 $61,822 $17,250 $44,572
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4421080

Stellar MLS

APN: 23511-0000-9