NOT LISTED FOR SALE

5955 48th St E Bradenton, FL 34203

East Bradenton Neighborhood

Estimated Value: $455,472 - $495,000

4 Beds
2.5 Baths
2,369 Sq Ft
$201/Sq Ft Est. Value

Last Sold March 01, 2019

Last sale price $300,000 $127 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,056/month

43 Days on Market

Highlights

  • 60 Feet of Waterfront
  • Gated Community
  • Open Floorplan
  • Tara Elementary School Rated A-
  • Lake View
  • Ranch Style House

About This Home

As of March 2019

Expansive lakefront views in the sought after gated community of SILVERLAKE which has NO CDD fees and LOW HOA fees. This spacious 4BR, 2.1 BA has 2369 sq ft to providing plenty of room to relax, enjoy, and entertain. It starts outside with a private front porch and continues to the back screened-in lanai with a spectacular waterfront view and plenty of room for a pool. This popular floor plan features high ceilings and views of the lake from many rooms in the house, offering an airy and open feeling. The Master BR is conveniently located DOWNSTAIRS with a private Master BA with dual sinks, garden tub and separate shower. The kitchen offers granite countertops, stainless steel appliances, 42 inch wood cabinets, eat in kitchen area, arched ceilings to a dining and living room area. The upstairs loft area includes three bedrooms (two with waterfront views) and one full bath. Silverlake is a gated community with a preserve park and playground area, centrally located between Sarasota and Manatee with easy access to I-75 and plenty of shopping including UTC Mall and restaurants nearby.

Last Agent to Sell the Property

Mary Northrup

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3016445 Listed on: 12/19/2018

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Adam Kwiat

TIDELINE REAL ESTATE BROKERS License #3344497

TIDELINE REAL ESTATE BROKERS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,750

Year Built

  • Built in 2006

Lot Details

  • 7,200 Sq Ft Lot
  • 60 Feet of Waterfront
  • Lake Front
  • West Facing Home
  • Mature Landscaping
  • Irrigation
  • Property is zoned PDR/PDMU

HOA Fees

  • $71 Monthly HOA Fees

Parking

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

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,369 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Separate Formal Living Room
  • Loft
  • Inside Utility
  • Laundry Room
  • Lake Views
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Access To Lake
  • Front Porch

Schools

  • Tara Elementary School
  • Braden River Middle School
  • Braden River High School

Utilities

  • Central Heating and Cooling System
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include security
  • Advanced Managment Association, Phone Number (941) 359-1134
  • Silverlake Community
  • Silverlake A Sub Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,750

Year Built

Built in 2006

Lot Details

0

HOA Fees

$71 per month

Parking

2

Listing Details

  • HOA Fee Includes: Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2369
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 3140
  • Lot Size Sq Ft: 7200
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4421448&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=A4421448&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Number Of Pets: 3
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Call Center Phone Number: 941-364-4014
  • Ratio: Close Price\List Price: 0.95268
  • Price per Sq Ft: 126.64
  • Close to Original List Price Ratio: 0.9375
  • Ratio: Current Price\Building Area Total: 95.54
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Window Features: Blinds
  • Room Count: 10
  • Additional Rooms: Formal Living Room Separate, Inside Utility, Loft
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0317E
  • Waterfront Frontage: 60
  • Water Frontage Feet Lake: 60
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 214
  • Association Fee Frequency: Quarterly
  • Association Name: Advanced Managment
  • Phone: 941.359.1134
  • Association: Yes
  • Security: Gated Community, Security System
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 856
  • Monthly HOA Fee: 71.33
  • Total Monthly Fees: 71.33

Schools

  • Elementary School: Tara Elementary
  • High School: Braden River High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning: PDR/PDMU
  • Parcel Number: 1735620959
  • Additional Parcels: No
  • Lot Features: In County, Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions
  • Minimum Lease: 1-2 Years
  • Approval Process: See HOA rules and regs.
  • Num Timesper Year: 1
  • Pet Restrictions: See HOA docs.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA rules and regs.

Tax Info

  • Tax Annual Amount: 3750
  • Tax Book Number: 45-80
  • Tax Lot: 104

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2018
Closed on
Mar 1, 2019
Sold by
Beck John Nault and Beck Arlene Coton
Bought by
Norgrove Adam David John and Norgrove Melissa Anne
Seller's Agent
Mary Northrup
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Adam Kwiat
TIDELINE REAL ESTATE BROKERS
List Price
$320,000
Sold Price
$300,000
Premium/Discount to List
-$20,000
-6.25%
Current Estimated Value
$475,368

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,368
Avg. Annual Appreciation
6.98%
Original Mortgage
$240,000
Outstanding Balance
$211,001
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$264,367

Purchase Details

Closed on
Feb 3, 2017
Sold by
Watson Brian F and Watson Margaret L
Bought by
Beck John Bault and Beck Arlene Coton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,950
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 6, 2011
Sold by
Watson Mervyn A
Bought by
Watson Brian F and Watson Margaret L

Purchase Details

Closed on
Dec 23, 2008
Sold by
Kneafsey Marilyn B
Bought by
Watson Mervyn A

Purchase Details

Closed on
Feb 17, 2006
Sold by
K Hovnanian Windward Homes Llc
Bought by
Kneafsey Marilyn B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,819
Interest Rate
6.08%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Norgrove Adam David John $300,000 Attorney
Beck John Bault $295,500 None Available
Watson Brian F -- None Available
Watson Mervyn A $195,000 Attorney
Kneafsey Marilyn B $145,000 First Florida Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Norgrove Adam David John $240,000
Previous Owner Beck John Bault $265,950
Previous Owner Kneafsey Marilyn B $402,819
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2019 03/01/19 Sold $300,000 -4.7% $127 / Sq Ft
01/31/2019 01/31/19 Pending -- -- --
01/24/2019 01/24/19 Price Changed $314,900 -1.6% $133 / Sq Ft
12/19/2018 12/19/18 For Sale $320,000 -- $135 / 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 $5,943 $417,134 $59,500 $357,634
2024 $5,943 $421,245 $59,500 $361,745
2023 $5,872 $414,306 $48,450 $365,856
2022 $5,531 $397,846 $47,500 $350,346
2021 $4,459 $278,715 $45,000 $233,715
2020 $4,526 $270,059 $45,000 $225,059
2019 $4,464 $264,082 $45,000 $219,082
2018 $3,464 $237,957 $30,000 $207,957
2017 $3,750 $228,303 $0 $0
2016 $1,957 $148,562 $0 $0
2015 $1,961 $147,529 $0 $0
2014 $1,961 $146,358 $0 $0
2013 $1,931 $144,195 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Mary Northrup

    Seller's Agent in 2019

    Mary Northrup

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (941) 544-0763

    2 in this area

    20 Total Sales

    Mary Northrup
    Section Image
  • Adam Kwiat

    Buyer's Agent in 2019

    Adam Kwiat

    TIDELINE REAL ESTATE BROKERS

    (941) 228-5484

    1 in this area

    65 Total Sales

    Adam Kwiat
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4421448

Stellar MLS

APN: 17356-2095-9

Florida Manatee County Bradenton 34203 East Bradenton

5955 48th St E, Bradenton, FL

Not Listed for Sale

Detached

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