NOT LISTED FOR SALE

8562 40th Cir E Palmetto, FL 34221

Memphis Neighborhood

Estimated Value: $320,000 - $417,000

4 Beds
2.5 Baths
2,584 Sq Ft
$141/Sq Ft Est. Value

Last Sold February 21, 2023

Last sale price $357,730 $138 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $2,165/month

Highlights

  • Under Construction
  • Ceramic Tile Flooring
  • North Facing Home
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of February 2023

This two-story home is designed for comfortable family living. The first floor opens to a shared space among the family room, dining room and kitchen, with rear patio access for indoor-outdoor living. Nearby, is a multipurpose flex room for various hobbies. A versatile loft and four bedrooms, the largest being the peaceful owner’s suite, complete the second level. Interior photos disclosed are different from the actual model being built.

Last Agent to Sell the Property

Ben Goldstein

LENNAR REALTY License #3191880 Listed on: 01/10/2023

Last Buyer's Agent

Stellar Non-Member Agent

Stellar Non-Member Office

Stellar Non-Member Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,103

Year Built

  • Built in 2023 | Under Construction

Lot Details

  • North Facing Home
  • Property is zoned MPUD

HOA Fees

  • $56 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • 2,584 Sq Ft Home
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Kitchen

  • Range<<rangeHoodToken>>
  • <<microwave>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Schools

  • James Tillman Elementary School
  • Lincoln Middle School
  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • Built by LENNAR
  • Pravela Subdivision, Providence Floorplan

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,103

Year Built

Built in 2023 | Under Construction

Lot Details

0

HOA Fees

$56 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2584
  • New Construction: Yes
  • Year Built: 2023
  • Building Area Total: 2984
  • Directions to Property: • Take ramp onto I-275 S Take exit 2 toward Palmetto/Bradenton onto US-41 S (US-41 N). • Turn left onto 69th St E (CR-10), Turn left onto 36th Ave E (CR-683). Go for 1.1 mi. • Turn right onto 86th St E. • Turn left onto 40th Cir E.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3422243?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3422243?w=Customer
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Call Center Phone Number: 813-917-9080
  • Projected Completion Date: 2023-01-30T05:00:00.000Z
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 138.44
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 119.88
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2022
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Other
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Street Number Modifier: 8562
  • Room Count: 9
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: North
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Public Remarks Required: Under Construction.
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 56.09
  • Association Fee Frequency: Monthly
  • Association Name: OO
  • Association: Yes
  • Senior Community: No
  • Association Email: OO
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 673.08
  • Monthly HOA Fee: 56.09
  • Total Monthly Fees: 56.09

Schools

  • Elementary School: James Tillman Elementary
  • High School: Palmetto High
  • Middle Or Junior School: Lincoln Middle

Lot Info

  • Zoning: MPUD
  • Parcel Number: 644515609
  • Additional Parcels: No
  • Flood Zone Code: X
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: LENNAR

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Block: 01
  • Tax Book Number: 00/00
  • Tax Lot: 09

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2023
Closed on
Feb 21, 2023
Sold by
Lennar Homes Llc
Bought by
Paz Victor Cordero and Andrade Marysabel Beatriz
Seller's Agent
Ben Goldstein
LENNAR REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$357,730
Sold Price
$357,730
Views
9
Current Estimated Value
$364,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,515
Avg. Annual Appreciation
0.62%
Original Mortgage
$351,250
Outstanding Balance
$342,505
Interest Rate
6.33%
Mortgage Type
FHA
Estimated Equity
$20,576
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
Paz Victor Cordero $357,800 Lennar Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cordero Paz Victor $13,055
Open Paz Victor Cordero $351,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2023 02/21/23 Sold $357,730 0.0% $138 / Sq Ft
01/11/2023 01/11/23 Pending -- -- --
01/10/2023 01/10/23 For Sale $357,730 -- $138 / 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 $1,103 $237,376 $63,750 $173,626
2023 $1,103 $63,750 $63,750 $0
2022 $447 $16,841 $16,841 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3422243

Stellar MLS

APN: 6445-1560-9

Florida Manatee County Palmetto 34221 Memphis

8562 40th Cir E, Palmetto, FL

This home is located at 8562 40th Cir E, Palmetto, FL 34221 since 10 January 2023 and is currently estimated at $364,245, approximately $140 per square foot. This property was built in 2023. 8562 40th Cir E 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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