See Home Value
Memphis 34221 Memphis
5011 COMMONWEALTH ROAD
$606,816*
House - Off Market

5011 COMMONWEALTH ROAD

PALMETTO, FL 34221
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1202 Sqft
$440,000 - $536,000
Reference Base Price*
24.35%
Since Apr 1, 2021
National-US
Primary Model
Sold Apr 29, 2021
$470,000
$376,000 by Caliber Home Loans Inc
Mortgage Due May 01, 2051
Sold Jul 21, 2014
$145,000

About This Property

Bay Colony Canal front home!  This home has 2 bedrooms, 2 bathrooms and No Homeowners Association Deed Restrictions. The home boasts a new seawall and dock in 2017 and a new roof in 2018. The home features an updated kitchen with cherry cabinets, granite, and stainless steel appliances. The home has upgraded wiring and the Florida room has a built-in desk and cabinets. The canal is deep and has several Sailboats on it due to no bridges to the Intercoastal waterways. Enjoy the waterfront views of Terra Ceia Island and Bay! The location is convenient to I-275 and I-75 for an easy commute to St. Petersburg/Tampa or Bradenton/Sarasota. It's also near the Ellenton Outlet Mall, restaurants, shopping and a short drive to our beautiful Gulf beaches. Don't wait, call today!

The manager has listed the unit size as 1202 square feet.
Unit Size
1,202Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$406
Property Type
House
Property Taxes
$3,560
HOA Dues
-
Year Built
1963

Price History

Date / Event Date Event Price
Apr 29, 2021 Sold to Carly Morris, Richard Morris $470,000
Sold to Carly Morris, Richard Morris
Mar 18, 2021 No longer available -
No longer available
Feb 1, 2021 Relisted $488,000
Relisted
Jan 26, 2021 No longer available -
No longer available
Dec 23, 2020 Listed $488,000
Listed

Property Highlights

Air Conditioning
Garage
With View

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1999
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 216
  • Garage Type: Attached
  • Garage Square Area: 289
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,491
  • Gross Building Area: 1,491
  • Building Area: 1,202
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,202
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALMETTO SKYWAY REPLAT
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 151 PALMETTO SKYWAY REPLAT PI#22234.0000/9

Ownership

  • Current Owner : MORRIS RICHARD
  • Current Owner 2: MORRIS CARLY
  • Previous Owner : SMITH FRANK C
  • Owner Before Previous Owner: CHAPMAN VICKI R
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001404

Zoning

  • Zoning: RSF-4.5 RE

Geography

  • Assessors Map Reference: 4B
  • Subdivision Tract Number: 02214100
  • Parcel: 22234-0000-9
  • Lot: 151
  • Meridian: SEC 35 TWN 33S RNG 17E
  • Municipality: UNINCORPORATED
  • Latitude: 27.5595
  • Longitude: -82.5732

    Address

  • Full Address: 5011 Commonwealth Rd
  • Address - House Number: 5011
  • Address - Street Name: Commonwealth
  • Address - Suffix Type: Rd
  • State: FL
  • City Name: Palmetto
  • Carrier Code: R003
  • 4-Digit Zip Code: 8774
  • Zip Code: 34221

Valuation

    Tax

  • Total Area: 986
  • Tax Year: 2022
  • Tax Amount: $6,462
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1734
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 669,546
  • High Value: 785,646
  • Low Value: 553,446

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $376,000
  • First Open Lien Mortgage Lender: CALIBER HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 29, 2021
  • First Open Lien Mortgage Loan Amount: $376,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $476,094
  • Market Land Value: $229,500
  • Market Improvement Value: $246,594

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $476,094
  • Assessed Land Value: $229,500
  • Assessed Improvements Value: $246,594

    Sales

  • Current Sale Contract Date: Apr 26, 2021
  • Current Sale Recording Date: Apr 29, 2021
  • Current Sale Transaction ID: 11834161864
  • Current Sale Price: $470,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202141056064
  • Previous Sale Recording Date: Jul 21, 2014
  • Previous Sale Contract Date: Jul 17, 2014
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Apr 29, 2021
  • First Mortgage Loan Amount: $376,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
3 Baths
1,806 ft²
$188/ft²
$340,000 Jun 2, 2023
$340,000 Aug 24, 2023
$114/mo
House
3 Beds
2 Baths
2,062 ft²
$213/ft²
$439,900 Nov 30, -0001
$412,500 Mar 2, 2015
$321/mo
House
3 Beds
3 Baths
2,220 ft²
$186/ft²
$412,300 Nov 30, -0001
$415,000 Aug 29, 2012
$576/mo
House
3 Beds
2 Baths
1,550 ft²
$274/ft²
$425,000 Feb 8, 2024
-
$170/mo
House
3 Beds
2 Baths
1,856 ft²
$224/ft²
$415,000 Feb 24, 2024
-
$118/mo
House
3 Beds
3 Baths
2,102 ft²
$238/ft²
$500,000 Feb 1, 2024
-
$516/mo

About Memphis


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Frequently Asked Questions

When was property at 5011 Commonwealth Road built and last sold?
The property at 5011 Commonwealth Road was built in 1963 and last sold on Apr 26, 2021 for $470,000.
How much is this home worth?
The estimated value of the home located at 5011 Commonwealth Road is $482,058.
What are some comparable homes to 5011 Commonwealth Road?
There are currently no comparable homes to 5011 Commonwealth Road.

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