$325,000
SOLD JUL 16, 2025

1040 31st St E Palmetto, FL 34221

3 Beds
2 Baths
2,098 Sq Ft
8,050 Sq Ft Lot

Recently Sold

$155 Per Sq Ft

10% Below List Price

144 Days on Market

Highlights

  • L-Shaped Dining Room
  • Front Porch
  • Walk-In Closet
  • No HOA
  • 1 Car Attached Garage
  • Living Room

About This Home

As of July 2025

Huge price reduction. Seller says sell!! This is the one for you!! Gorgeous three bedroom two bath block home in the highly sought after Lake Park Neighborhood. This home features a warm and inviting open floor plan with plenty of natural light. The master suite is oversized and the other two bedrooms have an extra dressing room plus tons of storage/closet space in all. Glass sliders lead from the living and dining rooms to the rear patio making it ideal for outdoor entertaining! The Air conditioner is just 6 months young and the roof is only 4 years old. Property is ideally located near a variety of shopping, dining experiences and parks. You'll find grocery stores, retail shops and restaurants just a short drive away. The area also features beautiful parks, recreational facilities, and access to the Manatee River for outdoor activities. Come and see this amazing home today and make it yours tomorrow before someone else does.

Last Agent to Sell the Property

Meredith Johnson

REALTY EXPERTS Brokerage Phone: 727-888-1000 License #3041203 Listed on: 12/22/2024

REALTY EXPERTS

Co-Listed By

John Vaughan

REALTY EXPERTS Brokerage Phone: 727-888-1000 License #597230

Last Buyer's Agent

Kidany Trinidad Santana

FIDATA REAL ESTATE LLC License #3448439

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,461

Year Built

  • Built in 1994

Lot Details

  • 8,050 Sq Ft Lot
  • Lot Dimensions are 70x115
  • East Facing Home
  • Property is zoned RSF6

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,098 Sq Ft Home
  • 1-Story Property
  • Living Room
  • L-Shaped Dining Room
  • Laundry in unit

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Front Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Thermostat

Community Details

  • No Home Owners Association
  • Lake Park Community
  • Lake Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,461

Year Built

Built in 1994

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2098
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1994
  • Building Area Total: 2870
  • Lot Size Sq Ft: 8050
  • Status: Sold
  • Street Post Direction: E
  • Co List Office Mls Id: MFR260031755
  • Co List Office Phone: 727-888-1000
  • Ownership: Fee Simple
  • Building Area Total Srch Sq M: 266.63
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 154.91
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 727-888-1000
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Interior Amenities: L Dining, Primary Bedroom Main Floor, Split Bedroom, Thermostat, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Living Area Meters: 194.91

Exterior Features

  • Direction Faces: East
  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Porch
  • Road Surface Type: Paved
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

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

Lot Info

  • Zoning: RSF6
  • Parcel Number: 2461510402
  • Additional Parcels: No
  • Lot Dimensions: 70x115
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Please check with the city for lease restrictions

Tax Info

  • Tax Annual Amount: 2460.72
  • Tax Block: 2
  • Tax Book Number: 16-1
  • Tax Lot: 33

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2024
Closed on
Jun 24, 2025
Sold by
Taylor Mary Elizabeth and Haga Mary Elizabeth
Bought by
Leon Lorenzo and Garcia Veronica Leon
Seller's Agent
Meredith Johnson
REALTY EXPERTS
Buyer's Agent
Kidany Trinidad Santana
FIDATA REAL ESTATE LLC
List Price
$360,000
Sold Price
$325,000
Premium/Discount to List
-$35,000
-9.72%
Views
128
Current Estimated Value
$327,531

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,531
Avg. Annual Appreciation
1.50%
Original Mortgage
$17,500
Outstanding Balance
$17,470
Interest Rate
6.85%
Estimated Equity
$310,061

Purchase Details

Closed on
Aug 9, 2017
Sold by
Federal National Mortgage Association
Bought by
Taylor Mary Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,083
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 1, 2016
Bought by
Taylor Mary Elizabeth

Purchase Details

Closed on
Jan 10, 2013
Sold by
Sims James M and Sims Darlene
Bought by
K M D Enterprise

Purchase Details

Closed on
Mar 25, 2002
Sold by
United States Marshall For Middle Distri
Bought by
Sims James M and Sims Darlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,800
Interest Rate
7.07%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $325,000 None Listed On Document
Special Warranty Deed $161,000 First International Title
Deed $100 --
Quit Claim Deed -- None Available
Deed $82,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $17,500 No Value Available
Open $319,113 FHA
Previous Owner $158,083 FHA
Previous Owner $73,800 No Value Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2025 07/16/25 Sold $325,000 0.0% $155 / Sq Ft
05/15/2025 05/15/25 Pending -- -- --
05/13/2025 05/13/25 Price Changed $325,000 -9.7% $155 / Sq Ft
12/22/2024 12/22/24 For Sale $360,000 -- $172 / 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
2025 $2,443 $213,575 -- --
2024 $2,443 $207,556 -- --
2023 $2,461 $201,511 $0 $0
2022 $2,448 $195,642 $0 $0
2021 $2,342 $189,944 $15,000 $174,944
2020 $2,886 $181,614 $15,000 $166,614
2019 $2,755 $175,459 $15,000 $160,459
2018 $2,496 $151,814 $15,000 $136,814
2017 $2,366 $151,035 $0 $0
2016 $2,092 $134,970 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: TB8332037

Stellar MLS

APN: 24615-1040-2