NOT LISTED FOR SALE

631 48th St W Palmetto, FL 34221

Estimated Value: $283,350 - $326,000

2 Beds
2 Baths
987 Sq Ft
$307/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $275,000 $279 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,878/month

64 Days on Market

Highlights

  • Boat Ramp
  • No HOA
  • Ceramic Tile Flooring
  • Access to Bay or Harbor
  • 1 Car Attached Garage
  • Central Air

About This Home

As of December 2021

BACK ON THE MARKET! BUYERS FINANCING FELL THROUGH, THEIR LOSS IS YOUR GAIN.
Ready to move in. Cute 2/2 located in the Palmetto Point neighborhood. Non-deed restricted, highly
desired boating community with boat ramp, community center, and dog park. Tile floors throughout
with carpet in the bedrooms and an inside utility room. Easy access to I-75 & I-275. Many recent
updates including fresh paint both inside and outside, a new fridge and stove, A/C unit, duct work
and insulation. Screened-in lanai and fenced yard. Easy commute to Tampa, St. Pete, and Sarasota.

Last Agent to Sell the Property

Jody Turner

ROSEBAY INTERNATIONAL REALTY, INC License #3413131 Listed on: 09/12/2021

ROSEBAY INTERNATIONAL REALTY, INC

Last Buyer's Agent

Donna Hastings

KELLER WILLIAMS REALTY PORTFOLIO COLLECTION License #553246

KELLER WILLIAMS REALTY PORTFOLIO COLLECTION

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $804

Year Built

  • Built in 1979

Lot Details

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

Parking

  • 1 Car Attached Garage

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 987 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Access to Bay or Harbor
  • Boat Ramp

Utilities

  • Central Air
  • Heat Pump System
  • Thermostat

Community Details

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

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$804

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Brick
  • Fireplace: No
  • Living Area: 987
  • Lot Size Acres: 0.19
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 1578
  • Lot Size Sq Ft: 8059
  • Directions to Property: US 19, WEST ON 45TH ST CT W, RIGHT ON 5TH AVE W, LEFT ON 48TH ST, HOUSE ISON THE LEFT.
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511965?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511965?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.01852
  • Price per Sq Ft: 278.62
  • Close to Original List Price Ratio: 0.98566
  • Ratio: Current Price\Building Area Total: 174.27
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Thermostat
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 631
  • Room Count: 6
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water Access: Bay/Harbor
  • Water Extras: Boat Ramp - Private
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Heat Pump
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Amenities Additional Fees: You can join the Palmetto Point Civic Association (optional) for about $200 per year and have use of the boat launch and community.
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Lot Info

  • Zoning: RSF6
  • Parcel Number: 2360200006
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

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: 804.08
  • Tax Book Number: 3-124
  • Tax Lot: 867

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2021
Closed on
Dec 20, 2021
Sold by
Frederick Timothy and Frederick Kellye
Bought by
Ellison Jason Michael and Ellison Jacqueline
Seller's Agent
Jody Turner
ROSEBAY INTERNATIONAL REALTY, INC
Buyer's Agent
Donna Hastings
KELLER WILLIAMS REALTY PORTFOLIO COLLECTION
List Price
$279,000
Sold Price
$275,000
Premium/Discount to List
-$4,000
-1.43%
Current Estimated Value
$300,562

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,562
Avg. Annual Appreciation
2.68%
Original Mortgage
$220,000
Outstanding Balance
$202,757
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$100,581

Purchase Details

Closed on
Feb 11, 2000
Sold by
Mathews Teresa Denise
Bought by
Turner Crystal G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,456
Interest Rate
8.17%
Mortgage Type
FHA

Purchase Details

Closed on
May 12, 1999
Sold by
Mathews Teresa Denise and Mathews Arnold Ty
Bought by
Mathews Teresa Denise
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ellison Jason Michael $275,000 Integrity Title Services Inc
Turner Crystal G $84,500 --
Mathews Teresa Denise -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ellison Jason Michael $44,000
Open Ellison Jason Michael $220,000
Previous Owner Frederick Timothy $150,000
Previous Owner Frederick Timothy R $50,000
Previous Owner Turner Crystal G $84,456
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $275,000 +1.9% $279 / Sq Ft
11/15/2021 11/15/21 Pending -- -- --
11/11/2021 11/11/21 Price Changed $269,999 -3.2% $274 / Sq Ft
11/08/2021 11/08/21 For Sale $279,000 0.0% $283 / Sq Ft
10/13/2021 10/13/21 Pending -- -- --
10/02/2021 10/02/21 For Sale $279,000 0.0% $283 / Sq Ft
09/24/2021 09/24/21 Pending -- -- --
09/12/2021 09/12/21 For Sale $279,000 -- $283 / 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 $3,031 $225,093 $59,925 $165,168
2024 $3,031 $246,548 -- --
2023 $2,985 $239,367 $0 $0
2022 $824 $232,395 $0 $0
2021 $791 $81,311 $0 $0
2020 $804 $80,188 $0 $0
2019 $1,936 $137,726 $40,000 $97,726
2018 $1,794 $125,238 $31,500 $93,738
2017 $1,565 $115,167 $0 $0
2016 $1,426 $98,808 $0 $0
2015 $1,102 $80,262 $0 $0
2014 $1,102 $64,057 $0 $0
2013 $1,022 $57,709 $17,250 $40,459
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4511965

Stellar MLS

APN: 23602-0000-6