Seller's Agent in 2023
Kurt Kraus
PREFERRED SHORE LLC
(941) 702-1311
1 in this area
118 Total Sales
707 48th Street Ct W Palmetto, FL 34221
Memphis NeighborhoodEstimated Value: $346,000 - $588,000
3
Beds
3
Baths
1,806
Sq Ft
$234/Sq Ft
Est. Value
Highlights
- Boat Ramp
- Family Room with Fireplace
- Bonus Room
- Water Access
- Wood Flooring
- No HOA
About This Home
As of August 2023Under contract-accepting backup offers. **PRICE IMPROVEMENT**GREAT POTENTIAL to make this home your own OR Investment Property! Seller is VERY MOTIVATED! Come one, come all: Step into the wonderful Land of PALMETTO POINT with this 3 bed 3 bath home, nestled on a magnificent TRIPLE lot with beautiful peekaboo views of Terra Ceia Bay. Boasting an oversized two-car garage, a newer roof (2017), TWO NEWER A/Cs (2019 and 2021), and a brand-new privacy fence (2023) that encloses the expansive backyard. The ground-level Mother-in-Law suite OR Master Bedroom Suite OR if MULTIGENERATIONAL Living you are looking for....offers two full baths, living area, kitchenette with a refrigerator and sink, and a direct access to the outdoor patio and backyard. Upstairs has two bedrooms, one full bath, and an open living room/dining room/kitchen concept. Plus, there's a propane fireplace, a dumbwaiter, and a laundry chute for added convenience. Relax and enjoy the views and the breeze from the spacious and covered screened porch with balcony and stair access to the rear yard. The large circular driveway provides extra room for overflow parking and a yellow brick road for safe travels. Plenty of outdoor living and entertaining. Room for a pool or to park your boat, RV or toys. Mature and lush landscaping. There is a COMMUNITY BOAT RAMP you can access with an optional fee. No HOA...No CDD fees or deed restrictions. PALMETTO POINT is located just south of the Skyway Bridge...minutes from I-75, I-275, St. Pete, Tampa, Bradenton and Sarasota with Nearby shopping, dining, and award-winning beaches. Call for your private showing today!
Last Agent to Sell the Property
PREFERRED SHORE LLC Brokerage Phone: 941-999-1179 License #3338873 Listed on: 06/03/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,368
Year Built
- Built in 1994
Lot Details
- 0.29 Acre Lot
- North Facing Home
- Wood Fence
- Oversized Lot
- Property is zoned RSF6
Parking
- 2 Car Attached Garage
- Oversized Parking
Home Design
- Bi-Level Home
- Slab Foundation
- Wood Frame Construction
- Shingle Roof
- Block Exterior
Interior Spaces
- 1,806 Sq Ft Home
- Ceiling Fan
- Sliding Doors
- Family Room with Fireplace
- Combination Dining and Living Room
- Bonus Room
- Laundry in unit
Kitchen
- Range<<rangeHoodToken>>
- <<microwave>>
- Dishwasher
Flooring
- Wood
- Carpet
- Linoleum
Bedrooms and Bathrooms
- 3 Bedrooms
- Closet Cabinetry
- In-Law or Guest Suite
- 3 Full Bathrooms
Outdoor Features
- Water Access
Utilities
- Central Heating and Cooling System
- Electric Water Heater
- High Speed Internet
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 925
- Assessor Parcel Number 2363100005
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 3, 2023
Closed on
Aug 24, 2023
Sold by
Caputo John J and Caputo Craig
Bought by
Vallejo Joseph and Vallejo Yadira M
Seller's Agent
Kurt Kraus
PREFERRED SHORE LLC
Buyer's Agent
Pepe Vallejo
UNITE US REALTY
List Price
$475,000
Sold Price
$340,000
Premium/Discount to List
-$135,000
-28.42%
Views
81
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
$81,942
Avg. Annual Appreciation
13.01%
Purchase Details
Closed on
Jun 21, 2022
Sold by
Caputo John J and Caputo Craig
Bought by
Caputo John J and Thomas Craig
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,000
Interest Rate
5.3%
Mortgage Type
VA
Purchase Details
Closed on
Oct 11, 2000
Sold by
Haddad Arlene A
Bought by
Caputo John J and Thomas Craig
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,500
Interest Rate
7.96%
Purchase Details
Closed on
Feb 9, 1994
Sold by
Haddad Robert J and Haddad Arlene A
Bought by
Haddad Arlene A
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vallejo Joseph | $340,000 | None Listed On Document | |
| Caputo John J | -- | Faber Lodd | |
| Caputo John J | $150,000 | -- | |
| Haddad Arlene A | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Caputo John J | $161,000 | |
| Previous Owner | Caputo John J | $126,084 | |
| Previous Owner | Thomas Craig | $149,500 | |
| Previous Owner | Caputo John J | $142,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/24/2023 08/24/23 | Sold | $340,000 | -15.0% | $188 / Sq Ft |
| 07/20/2023 07/20/23 | Pending | -- | -- | -- |
| 07/09/2023 07/09/23 | Price Changed | $400,000 | -2.4% | $221 / Sq Ft |
| 07/05/2023 07/05/23 | Price Changed | $409,900 | -3.6% | $227 / Sq Ft |
| 06/17/2023 06/17/23 | Price Changed | $425,000 | -5.6% | $235 / Sq Ft |
| 06/09/2023 06/09/23 | Price Changed | $450,000 | -5.3% | $249 / Sq Ft |
| 06/03/2023 06/03/23 | For Sale | $475,000 | -- | $263 / 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 |
|---|---|---|---|---|
| 2024 | $5,003 | $354,106 | $74,906 | $279,200 |
| 2023 | $1,422 | $123,806 | $0 | $0 |
| 2022 | $1,368 | $120,200 | $0 | $0 |
| 2021 | $1,297 | $116,699 | $0 | $0 |
| 2020 | $1,327 | $115,088 | $0 | $0 |
| 2019 | $1,295 | $112,500 | $0 | $0 |
| 2018 | $1,273 | $110,402 | $0 | $0 |
| 2017 | $1,170 | $108,131 | $0 | $0 |
| 2016 | $1,159 | $105,907 | $0 | $0 |
| 2015 | $1,159 | $105,171 | $0 | $0 |
| 2014 | $1,159 | $104,336 | $0 | $0 |
| 2013 | $1,150 | $102,794 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Kurt Kraus
-
Pepe Vallejo
P
Buyer's Agent in 2023
Pepe Vallejo
UNITE US REALTY
(727) 600-2980
1 in this area
6 Total Sales
Map
Source: Stellar MLS
MLS Number: A4572013
APN: 23631-0000-5
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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