NOT LISTED FOR SALE

711 48th St W Palmetto, FL 34221

Memphis Neighborhood

Estimated Value: $333,188 - $475,000

3 Beds
2 Baths
1,694 Sq Ft
$230/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $275,000 $162 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,409/month

1 Day on Market

Highlights

  • Boat Ramp
  • Walk-In Closet
  • Ceramic Tile Flooring
  • Clubhouse
  • Shed
  • Sliding Doors

About This Home

As of March 2021

Welcome to bayside Florida living in beautiful Palmetto Point! With NO HOA, NO CDD, and NO Deed Restrictions, this 3 bedroom 2 bathroom home sits on over a 1/4 ACRE TRIPLE lot that provides you with plenty of space for your boat, RV, and anything else you desire. Upgrades galore with a BRAND NEW A/C with Google Nest installed in 2020, NEWER ROOF (2018), NEWER KITCHEN (2019) with a new dishwasher (2020), and NEW MASTER BATH in 2020. The LARGE master bedroom provides the perfect escape and offers an OVERSIZED walk-in closet. Spacious rooms boast throughout this gorgeous ranch-style home. Enjoy the beautiful gentle breeze of Terra Ceia Bay year round in the oversized, fenced in backyard which also includes a new shed that will suit all of your storing needs. Palmetto Point is only minutes to St. Pete, Tampa, and Sarasota with close proximity to US-19, US-41, I-75, and I-275. This great neighborhood also offers an optional membership to the PRIVATE community boat ramp and recreation center. Hurry and make this your next home before it s gone!

Last Agent to Sell the Property

Derek Lersch

BRIGHT REALTY License #3454040 Listed on: 02/05/2021

BRIGHT REALTY

Last Buyer's Agent

Diana Michel

COLDWELL BANKER REALTY License #0679103

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,901

Year Built

  • Built in 1959

Lot Details

  • 0.28 Acre Lot
  • North Facing Home
  • Wood Fence
  • Property is zoned RSF6

Parking

  • Driveway

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,694 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Ceramic Tile Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Shed
  • Rain Gutters

Location

  • Flood Zone Lot

Schools

  • Palm View Elementary School
  • Lincoln Middle School
  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Thermostat

Listing and Financial Details

  • Tax Lot 871
  • Assessor Parcel Number 2360400002

Community Details

Overview

  • Property has a Home Owners Association
  • Palmetto Point Community
  • Palmetto Point Subdivision

Amenities

  • Clubhouse

Recreation

  • Boat Ramp

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,901

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Water Extras: Boat Ramp - Private
  • Construction Materials: Block
  • Living Area: 1694.00
  • Homestead: Yes
  • Lot Size Acres: 0.28
  • Year Built: 1959
  • Building Area Total: 1760.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4490171?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4490171?w=Customer
  • Lot Size Sq Ft: 12066
  • Building Search Sq Meters: 163.51
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4490171?w=PubMLS
  • Directions to Property: North on US 19, Left on 50 St W, Left on Palmetto Point Dr, Left 48th St W to property on right.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047333
  • Status: Sold
  • Street Post Direction: W
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 9
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Floor Number: 1
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • Living Area Meters: 157.38
  • Street Number Modifier: 711

Exterior Features

  • Direction Faces: North
  • Other Structures: Shed(s)
  • Water Extras: Yes
  • Exterior Features: Fenced, Lighting, Rain Gutters, Sliding Doors, Storage
  • Roof: Shingle
  • Flood Zone Code: AE
  • Flood Zone Date: 03/17/2014

Garage/Parking

  • Parking Features: Driveway

Utilities

  • Utilities: Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Palmetto Point
  • Community Features: Community Boat Ramp
  • Association Amenities: Clubhouse, Private Boat Ramp
  • Association Fee Requirement: Optional
  • Association: Yes

Schools

  • Elementary School: Palm View Elementary
  • Middle School: Lincoln Middle
  • High School: Palmetto High
  • Elementary School: Palm View Elementary
  • High School: Palmetto High
  • Middle Or Junior School: Lincoln Middle

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Zoning: RSF6
  • Parcel Number: 2360400002
  • Fencing: Wood
  • Lot Features: FloodZone, In County, Street Paved
  • Lot Size Square Meters: 1121

Rental Info

  • Minimum Lease: No Minimum
  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 1901.04
  • Tax Book Number: 3-124
  • Tax Lot: 871

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2021
Closed on
Mar 19, 2021
Sold by
Lersch Derek and Lersch Mackenzie
Bought by
Byler Joshua S
Seller's Agent
Derek Lersch
BRIGHT REALTY
Buyer's Agent
Diana Michel
COLDWELL BANKER REALTY
List Price
$275,000
Sold Price
$275,000
Current Estimated Value
$388,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,797
Avg. Annual Appreciation
8.11%
Original Mortgage
$266,750
Outstanding Balance
$239,785
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$149,012

Purchase Details

Closed on
Apr 23, 2020
Sold by
Lersch Derek and Lersch Mackenzie
Bought by
Lersch Derek and Lersch Mackenzie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 28, 2018
Closed on
Dec 28, 2018
Sold by
Csh 2016 2 Borrower Llc
Bought by
Lersch Derek
Seller's Agent
Daniel Sefair
SEFAIR INVESTMENTS INC
Buyer's Agent
Michele Lersch
BRIGHT REALTY
List Price
$214,900
Sold Price
$172,500
Premium/Discount to List
-$42,400
-19.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.96%
Original Mortgage
$169,375
Interest Rate
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 1, 2016
Bought by
Csh 2016-2 Borrower Llc

Purchase Details

Listed on
Nov 16, 2013
Closed on
Jan 27, 2014
Sold by
Taylor Sharon V
Bought by
Srp Sub Llc
Seller's Agent
Mary Kermode
RE/MAX ALLIANCE GROUP
List Price
$139,900
Sold Price
$123,000
Premium/Discount to List
-$16,900
-12.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%

Purchase Details

Listed on
Jun 28, 2013
Closed on
Jul 17, 2013
Sold by
Bmo Harris Bank Na
Bought by
Taylor Sharon V
Buyer's Agent
Mary Kermode
RE/MAX ALLIANCE GROUP
List Price
$54,900
Sold Price
$62,490
Premium/Discount to List
$7,590
13.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
267.76%

Purchase Details

Listed on
Jun 28, 2013
Closed on
Jun 5, 2013
Sold by
Schmidt Angela L and Helt Richard J
Bought by
Bmo Harris Bank Na
Buyer's Agent
Mary Kermode
RE/MAX ALLIANCE GROUP
List Price
$54,900
Sold Price
$62,490
Premium/Discount to List
$7,590
13.83%

Purchase Details

Closed on
Dec 14, 1999
Sold by
Manning Bill
Bought by
Helt Richard J and Schmidt Angela L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,900
Interest Rate
7.85%
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
Byler Joshua S $275,000 Clear Title Group
Lersch Derek -- Attorney
Lersch Derek $172,500 Title & Abstract Agency Of A
Csh 2016-2 Borrower Llc $100 --
Srp Sub Llc $123,000 Attorney
Taylor Sharon V $62,500 Sonoran Title Services Inc
Bmo Harris Bank Na $2,100 Attorney
Helt Richard J $74,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Byler Joshua S $266,750
Previous Owner Lersch Derek $171,000
Previous Owner Lersch Derek $169,375
Previous Owner Helt Richard J $18,770
Previous Owner Helt Richard J $78,778
Previous Owner Helt Richard J $74,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2021 03/19/21 Sold $275,000 0.0% $162 / Sq Ft
02/06/2021 02/06/21 Pending -- -- --
02/05/2021 02/05/21 For Sale $275,000 +59.4% $162 / Sq Ft
12/28/2018 12/28/18 Sold $172,500 -9.2% $102 / Sq Ft
11/27/2018 11/27/18 Pending -- -- --
11/15/2018 11/15/18 Price Changed $189,900 -5.0% $112 / Sq Ft
11/09/2018 11/09/18 Price Changed $199,900 -4.8% $118 / Sq Ft
11/02/2018 11/02/18 Price Changed $209,900 -2.3% $124 / Sq Ft
10/27/2018 10/27/18 For Sale $214,900 +74.7% $127 / Sq Ft
01/27/2014 01/27/14 Sold $123,000 -5.3% $73 / Sq Ft
01/16/2014 01/16/14 Pending -- -- --
12/31/2013 12/31/13 Price Changed $129,900 -7.1% $77 / Sq Ft
11/16/2013 11/16/13 For Sale $139,900 +123.9% $83 / Sq Ft
07/23/2013 07/23/13 Sold $62,490 +13.8% $37 / Sq Ft
07/03/2013 07/03/13 Pending -- -- --
06/28/2013 06/28/13 For Sale $54,900 -- $32 / 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 $3,495 $255,279 $74,906 $180,373
2024 $3,495 $279,567 $74,906 $204,661
2023 $3,529 $277,510 $74,906 $202,604
2022 $1,928 $231,635 $52,500 $179,135
2021 $1,851 $156,896 $0 $0
2020 $1,901 $154,730 $56,250 $98,480
2019 $2,249 $139,721 $50,000 $89,721
2018 $2,040 $124,321 $35,700 $88,621
2017 $1,760 $113,575 $0 $0
2016 $1,621 $99,810 $0 $0
2015 $1,169 $94,117 $0 $0
2014 $1,169 $67,282 $0 $0
2013 $619 $60,614 $23,750 $36,864
Source: Public Records

Agents Affiliated with this Home

  • Derek Lersch

    Seller's Agent in 2021

    Derek Lersch

    BRIGHT REALTY

    (941) 228-6548

    1 in this area

    53 Total Sales

    Derek Lersch
    Section Image
  • Diana Michel

    Buyer's Agent in 2021

    Diana Michel

    COLDWELL BANKER REALTY

    (941) 266-2677

    3 in this area

    33 Total Sales

    Diana Michel
    Section Image
  • Daniel Sefair

    Seller's Agent in 2018

    Daniel Sefair

    SEFAIR INVESTMENTS INC

    (800) 233-5334

    1 in this area

    1,002 Total Sales

    Daniel Sefair
    Section Image
  • Michele Lersch

    Buyer's Agent in 2018

    Michele Lersch

    BRIGHT REALTY

    (941) 587-7230

    72 Total Sales

    Michele Lersch
    Section Image
  • Mary Kermode

    Seller's Agent in 2014

    Mary Kermode

    RE/MAX

    (941) 545-3904

    34 Total Sales

    Mary Kermode
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4490171

Stellar MLS

APN: 23604-0000-2

Florida Manatee County Palmetto 34221 Memphis

711 48th St W, Palmetto, FL

This home is located at 711 48th St W, Palmetto, FL 34221 since 05 February 2021 and is currently estimated at $388,797, approximately $229 per square foot. This property was built in 1959. 711 48th St W is a home located in Manatee County with nearby schools including Palm View Elementary School, Palmetto High School, and Lincoln Memorial Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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