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7223 48th Avenue East

7223 48th Avenue East, Palmetto, FL 34221
Property in Foster's Grove
Sold Nov 18, 2021
$365,000
$219,000 by United Wholesale Mortgage
Mortgage Due Dec 01, 2051
Sold Jul 02, 2018
$237,000
$232,707 by Guaranteed Rate Inc
Mortgage Due Jul 01, 2048
7223 48th Avenue East has been categorized by the local assessors in Palmetto, FL as a residential type of property. The building on the property was first built in 2002 and is 22 years old. However, we must point out that the home was most recently renovated and altered in 2010. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 7223 48th Avenue East has 1,956 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,000 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 5,999 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 514 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as unknown. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with electricity. 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, 7223 48th Avenue East was last sold in Nov 15, 2021 for $365,000. According to our calculations, that's $140.01 per sqft. Prior to that sales transaction, the property was sold for $237,000 in Jun 28, 2018. Current property owners are expected to pay $2,955 in taxes per year. The property on 7223 48th Avenue East was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $333,525. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Block Exterior

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2010
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 14
  • Building Quality: C
  • Construction Type: Masonry
  • 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: 0
  • Garage Type: Attached
  • Garage Square Area: 514
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,999
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,607
  • Gross Building Area: 2,607
  • Building Area: 1,956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,956
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOSTERS CREEK UNIT III
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 172 FOSTERS CREEK UNIT III PI#6733.2630/9

Ownership

  • Current Owner : RICHARDS MATTHEW R
  • Current Owner 2: RICHARDS JULIA K
  • Previous Owner : CONNOLLY STANLEY WILLIAM
  • Previous Owner 2: CONNOLLY SUSAN ANNETTE
  • Owner Before Previous Owner: JOSEPH CHARLES W
  • Owner Before Previous Owner 2: JOSEPH CHRISTINE M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001915

Zoning

  • Zoning: PD-R

Geography

  • Assessors Map Reference: 4A
  • Subdivision Tract Number: 00673302
  • Parcel: 6733-2630-9
  • Lot: 172
  • Meridian: SEC 29 TWN 33S RNG 18E
  • Municipality: UNINCORPORATED
  • Latitude: 27.5797
  • Longitude: -82.5176

    Address

  • Full Address: 7223 48th Ave E
  • Legal Unit: III
  • Address - House Number: 7223
  • Street Segment Direction: E
  • Address - Street Name: 48th
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Palmetto
  • Carrier Code: R009
  • 4-Digit Zip Code: 7345
  • Zip Code: 34221

Valuation

    Tax

  • Total Area: 1,956
  • Tax Year: 2021
  • Tax Amount: $2,955
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 465,248
  • High Value: 553,600
  • Low Value: 376,896

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $219,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Nov 18, 2021
  • First Open Lien Mortgage Loan Amount: $219,000
  • 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: Dec 01, 2051

    Market Valuation

  • Market Total Value: $373,585
  • Market Land Value: $35,700
  • Market Improvement Value: $337,885

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $333,525

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 15, 2021
  • Current Sale Recording Date: Nov 18, 2021
  • Current Sale Transaction ID: 11869297047
  • Current Sale Price: $365,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202141153737
  • Previous Sale Recording Date: Jul 02, 2018
  • Previous Sale Contract Date: Jun 28, 2018
  • Previous Sale Amount: $237,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Nov 18, 2021
  • First Mortgage Loan Amount: $219,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Jul 02, 2018
  • Previous Mortgage Loan Amount: $232,707
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2048

About Foster's Grove



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Frequently Asked Questions

What neighborhood is 7223 48th Avenue East located in?
The 7223 48th Avenue East is a located in the neighborhood of Foster's Grove in Foster's Grove, Palmetto.
What is the average sales price for listings in 7223 48th Avenue East?
The average sales price for units in 7223 48th Avenue East is $0 currently.

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