NOT LISTED FOR SALE

1118 5th Avenue Dr W Palmetto, FL 34221

Estimated Value: $250,000 - $277,000

4 Beds
1.5 Baths
1,132 Sq Ft
$236/Sq Ft Est. Value

Last Sold June 04, 2021

Last sale price $203,000 $179 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,789/month

9 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Ceiling Fan
  • 1-Story Property
  • Central Heating and Cooling System
  • West Facing Home

About This Home

As of June 2021

Need 4 bedrooms, check! Come take a look at this rarely available 4bd/1.5 bath home. This home is ready for it's new owner! Low HOA, No CDD! Centrally located to shopping. This property will not last! Schedule your visit today!

Last Agent to Sell the Property

Kay Murray

LOKATION License #3325742 Listed on: 05/07/2021

LOKATION

Last Buyer's Agent

Spencer Lindahl

MAIN STREET RENEWAL LLC License #3271439

MAIN STREET RENEWAL LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,503

Year Built

  • Built in 2005

Lot Details

  • 4,513 Sq Ft Lot
  • West Facing Home
  • Property is zoned PDH

HOA Fees

  • $35 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding

Interior Spaces

  • 1,132 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Cooktop with Range Hood
  • Recirculated Exhaust Fan
  • Freezer

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Schools

  • Palma Sola Elementary School
  • Lincoln Middle School
  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • Village Of The Palms Association, Phone Number (941) 748-9100
  • Habitat Oaks Community
  • Village Of The Palms Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,503

Year Built

Built in 2005

Lot Details

0

HOA Fees

$35 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Vinyl Siding
  • Fireplace: No
  • Living Area: 1132
  • Lot Size Acres: 0.1
  • New Construction: No
  • Year Built: 2005
  • Lot Size Sq Ft: 4513
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3305140?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3305140?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94463
  • Price per Sq Ft: 179.33
  • Close to Original List Price Ratio: 0.88299
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Cooktop, Electric Water Heater, Exhaust Fan, Freezer, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Stories: 1
  • Room Count: 4

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Land Sales Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 35
  • Association Fee Frequency: Monthly
  • Association Name: Village of the Palms
  • Phone: 941-748-9100
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 420
  • Monthly HOA Fee: 35
  • Total Monthly Fees: 35

Schools

  • Elementary School: Palma Sola Elementary
  • High School: Palmetto High
  • Middle Or Junior School: Lincoln Middle

Lot Info

  • Zoning: PDH
  • Parcel Number: 2648511809
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: No
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1502.95
  • Tax Book Number: 45-151
  • Tax Lot: 26

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 28, 2023
Sold by
Vm Pronto Llc
Bought by
Alto Asset Company 5 Llc
Current Estimated Value
$267,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,971,000
Outstanding Balance
$309,117,955
Interest Rate
6.03%
Mortgage Type
New Conventional
Estimated Equity
-$308,850,955

Purchase Details

Closed on
Sep 3, 2021
Sold by
Arvm 5 Llc
Bought by
Vm Pronto Llc

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 3, 2021
Sold by
Williams Winnie
Bought by
Arvm 5 Llc
Seller's Agent
Kay Murray
LOKATION
Buyer's Agent
Spencer Lindahl
MAIN STREET RENEWAL LLC
List Price
$229,900
Sold Price
$203,000
Premium/Discount to List
-$26,900
-11.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.43%

Purchase Details

Listed on
May 7, 2021
Closed on
Apr 20, 2021
Sold by
Williams Ruben Henry and Williams Winnie
Bought by
Williams Winnie
Seller's Agent
Kay Murray
LOKATION
Buyer's Agent
Spencer Lindahl
MAIN STREET RENEWAL LLC
List Price
$229,900
Sold Price
$203,000
Premium/Discount to List
-$26,900
-11.7%

Purchase Details

Closed on
Nov 17, 2005
Sold by
Manatee County Habitat For Humanity Inc
Bought by
Williams Ruben Henry and Williams Winnie

Purchase Details

Closed on
Jun 1, 2005
Sold by
Manatee County Habitat For Humanity Inc
Bought by
Williams Ruben Henry and Williams Winnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$61,750
Interest Rate
5.66%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
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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 Buyer Sale Price Title Company
Alto Asset Company 5 Llc $1,015,200 None Listed On Document
Vm Pronto Llc -- Bchh Inc
Arvm 5 Llc $203,000 Florida Regional Ttl Svcs Ll
Williams Winnie -- Florida Regional Ttl Svcs Ll
Williams Ruben Henry -- --
Williams Ruben Henry $125,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alto Asset Company 5 Llc $498,971,000
Previous Owner Williams Ruben Henry $61,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/04/2021 06/04/21 Sold $203,000 -5.5% $179 / Sq Ft
05/14/2021 05/14/21 Pending -- -- --
05/11/2021 05/11/21 Price Changed $214,900 -6.5% $190 / Sq Ft
05/05/2021 05/05/21 For Sale $229,900 -- $203 / 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 $4,205 $209,447 $25,500 $183,947
2024 $4,205 $211,394 $25,500 $185,894
2023 $4,160 $211,411 $25,500 $185,911
2022 $3,765 $185,037 $25,000 $160,037
2021 $1,487 $93,296 $0 $0
2020 $1,503 $91,052 $0 $0
2019 $1,474 $90,395 $0 $0
2018 $1,350 $83,093 $0 $0
2017 $1,247 $80,318 $0 $0
2016 $1,161 $75,413 $0 $0
2015 $706 $72,386 $0 $0
2014 $706 $57,466 $0 $0
2013 $703 $56,617 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3305140

Stellar MLS

APN: 26485-1180-9