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631 48th St

Palmetto, FL 34221

2 bd 2 ba 987 sqft Built 1979 Lot 8,276 sqft single_family
Most recent sale
$275,000
Dec 23, 2021

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Dec 23, 2021 Sold $275,000 MLS #A4511965
Nov 12, 2021 Price changed $269,999 MLS #A4511965
Sep 12, 2021 Listed $279,000 MLS #A4511965
May 5, 2004 Sold $100,000 Public Record
Feb 16, 2000 Sold $84,500 Public Record
Oct 19, 1992 Sold $65,900 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $165,168 $59,925 $225,093 $2,834
2024 $165,168 $59,925 $225,093 $3,031
2020 $80,188 $804
2019 $102,235 $1,936
2018 $93,738 $31,500 $125,238 $1,794
2017 $85,167 $30,000 $115,167 $1,565
2016 $81,308 $17,500 $98,808 $1,426
2015 $63,262 $17,000 $80,262 $1,266
2014 $64,057 $1,102
2013 $57,709 $1,022
2012 $55,340 $984
2011 $66,750 $1,178
2010 $78,918 $1,344
2009 $103,987 $1,721
2008 $132,069 $2,117

Property facts

Year built
1979
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
987 sqft
Lot size
8,276 sqft
ZIP code
34221
City
Palmetto
Street
48th St
Coordinates
27.55656, -82.57104

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,826
Gross rental yield
7.97%
Implied cap rate
5.18%
Trend-extrapolated value

Frequently asked questions

When did 631 48th St last sell?
631 48th St most recently sold on Dec 23, 2021 for $275,000.
What is the current tax assessment for 631 48th St?
The most recent total assessment for 631 48th St (year 2025) is $225,093 with $2,834 in property tax.
How does 631 48th St's assessment compare to its last sale price?
The current assessment is 18.1% below the last sale price of $275,000.
When was 631 48th St built?
631 48th St was built in 1979.
How does 631 48th St compare to others on 48th St?
We track 8 other properties on 48th St. Browse the list under "Other properties on 48th St" to compare beds, baths, and sale history.
What are the property facts for 631 48th St?
631 48th St is a 2 bed, 2 bath, 987 sqft, 8,276 sqft lot single_family.
Is 631 48th St a flip candidate?
No — 631 48th St does not appear in our flips dataset.
Is 631 48th St a tax-appeal candidate?
No — 631 48th St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.1%
Implied 1-yr
-4.4%
2026 Q3
$447.8K
2026 Q4
$442.6K
ZIP 34221 — Median Price History + Forecast

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