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531 48th Street Court West

531 48th Street Court West, Palmetto, FL 34221
Property in Memphis
Sold Apr 27, 2009
$85,500
$107,252 by Taylor Bean & Whitaker Mortgag
Mortgage Due Apr 01, 2039
Sold Jan 02, 2008
Transfer
531 48th Street Court West in Palmetto, FL was first built in 1982 and is 42 years old. Although, the building on the property was most recently renovated and altered in 2001. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a traditional style. There are a total of 3 floors. There are a total of 4 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 531 48th Street Court West has 1,748 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 308 sqft and has been categorized as a partial basement. In total, the area measurement of the land is 12,066 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a gable or hip style roof made of composition shingle. For those who need parking, there is a carport. The garage is 450 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of D. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system and being fueled with electricity. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 531 48th Street Court West was last sold in Feb 20, 2009 for $85,500. According to our calculations, that's $30.56 per sqft. Current property owners are expected to pay $742 in taxes per year. The property on 531 48th Street Court West was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $77,201. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1982
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 9
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Building Style: Traditional
  • Exterior Walls Type: Wood
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 3
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 308
  • Garage Type: Carport
  • Garage Square Area: 450
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 12,066
  • Total Building Area: 2,798
  • Gross Building Area: 2,798
  • Building Area: 1,748
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,748
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PALMETTO POINT
  • Land Acres: 0.277
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 912,913,914 PALMETTO POINT SUB PI#23624.0000/0

Ownership

  • Current Owner : VANWORMER PATRICK A
  • Previous Owner : DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Owner Before Previous Owner: BEENE LEE ANDREW
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: RSF-6

Geography

  • Assessors Map Reference: 16B
  • Subdivision Tract Number: 02318000
  • Parcel: 23624-0000-0
  • Lot: 912
  • Meridian: SEC 02 TWN 34S RNG 17E
  • Municipality: UNINCORPORATED
  • Latitude: 27.5573
  • Longitude: -82.5698

    Address

  • Full Address: 531 48th Street Ct W
  • Address - House Number: 531
  • Street Segment Direction: W
  • Address - Street Name: 48th Street
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Palmetto
  • Carrier Code: R003
  • 4-Digit Zip Code: 9377
  • Zip Code: 34221

Valuation

    Tax

  • Total Area: 360
  • Tax Year: 2022
  • Tax Amount: $742
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2223
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 325,192
  • High Value: 397,484
  • Low Value: 252,900

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $107,252
  • First Open Lien Mortgage Lender: TAYLOR BEAN & WHITAKER MORTGAG
  • First Open Lien Mortgage Recording Date: Apr 27, 2009
  • First Open Lien Mortgage Loan Amount: $107,252
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2039

    Market Valuation

  • Market Total Value: $249,761
  • Market Land Value: $74,906
  • Market Improvement Value: $174,855

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,201

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 20, 2009
  • Current Sale Recording Date: Apr 27, 2009
  • Current Sale Transaction ID: 1064090780
  • Current Sale Price: $85,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2693489
  • Previous Sale Recording Date: Jan 02, 2008
  • Previous Sale Contract Date: Dec 20, 2007
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: TAYLOR BEAN & WHITAKER MORTGAG
  • First Mortgage Transaction Date: Apr 27, 2009
  • First Mortgage Loan Amount: $107,252
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2039

About Memphis



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Frequently Asked Questions

What neighborhood is 531 48th Street Court West located in?
The 531 48th Street Court West is a located in the neighborhood of Memphis in Memphis, Palmetto.
What is the average sales price for listings in 531 48th Street Court West?
The average sales price for units in 531 48th Street Court West is $0 currently.

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