NOT LISTED FOR SALE

1121 7th St W Palmetto, FL 34221

Estimated Value: $265,000 - $379,000

3 Beds
2 Baths
1,900 Sq Ft
$179/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $359,500 $189 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $2,324/month

28 Days on Market

Highlights

  • Wood Flooring
  • Solid Surface Countertops
  • 1 Car Attached Garage
  • L-Shaped Dining Room
  • No HOA
  • 3-minute walk to Sutton Park

About This Home

As of October 2022

Back on the Market due to Buyers failing to perform! Are you looking for an incredible opportunity in Historic Palmetto? This Beautifully recently renovated Duplex/Single Family home has Granite Tile in both kitchens, with beautiful wood and vinyl flooring throughout! Currently this Single Family Home is split and being used as a cash flowing Duplex based off zoning. Unit B has 2 bed 1 bath with a current tenant with a year lease, and Unit A has 1 Bed 1 Bath with a 1 year lease tenant in it also. This super unique property has the option to keep it as a duplex or remove one wall to turn it back into a Single Family home! This home sits on a corner lot with plenty of parking spaces and space for trailers and other equipment/outdoor toys! In this quaint historic palmetto area you can enjoy a short walk or bike ride to see the manatee river, enjoy restaurants, a library, the Sutton Park with playground and even sports areas! Truly one beautiful piece of property in a great location for a family or an investor!

Last Agent to Sell the Property

Joey Ruggiero, III

ELLERMETS REALTY, INC License #3475420 Listed on: 08/20/2022

Last Buyer's Agent

Lori Skaggs

LPT REALTY, LLC License #3105491

LPT REALTY, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,097

Year Built

  • Built in 1955

Lot Details

  • 8,999 Sq Ft Lot
  • Lot Dimensions are 100x90
  • North Facing Home
  • Fenced
  • Land Lease expires 3/31/23
  • Property is zoned RS3

Parking

  • 1 Car Attached Garage

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Asbestos

Interior Spaces

  • 1,900 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • L-Shaped Dining Room
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Anthony Community
  • Anthony Add Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,097

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Asbestos, Wood Frame
  • Fireplace: No
  • Living Area: 1900
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1955
  • Building Area Total: 2455
  • Lot Size Sq Ft: 8999
  • Directions to Property: Take 41/8th Ave West North and Turn left on 7th St. W and 1121 7th St. W will be on your left.
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4542082?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4542082?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95747
  • Price per Sq Ft: 189.21
  • Close to Original List Price Ratio: 0.95747
  • Ratio: Current Price\Building Area Total: 146.44
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Vinyl, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), L Dining, Living Room/Dining Room Combo, Solid Surface Counters, Thermostat
  • Appliances Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 1121
  • Room Count: 9
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Exterior Features: Fenced, Lighting, Rain Gutters, Sidewalk, Storage
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: Lead Paint, Seller Property Disclosure

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

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

Lot Info

  • Zoning: RS3
  • Parcel Number: 2729600003
  • Additional Parcels: No
  • Lot Dimensions: 100x90
  • Flood Zone Code: X500
  • Land Lease Expiration Date: 2023-03-31
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Currency Monthly Rent Amt: 2800
  • Month To Month Or Weekly Y N: No

Tax Info

  • Tax Annual Amount: 2097.45
  • Tax Block: 3
  • Tax Book Number: G-809
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 15, 2025
Sold by
Golm Crystal D and Mikolasik Ryan
Bought by
Alvarez Adelso and Alvarez Morgan
Current Estimated Value
$339,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$363,298
Outstanding Balance
$361,679
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
-$21,786

Purchase Details

Listed on
Aug 20, 2022
Closed on
Oct 26, 2022
Sold by
Bastien Tracy J and Bastien Shaun
Bought by
Golm Crystal D and Mikolasik Ryan
Seller's Agent
Joey Ruggiero, III
ELLERMETS REALTY, INC
Buyer's Agent
Lori Skaggs
LPT REALTY, LLC
List Price
$375,470
Sold Price
$359,500
Premium/Discount to List
-$15,970
-4.25%
Views
35

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.86%
Original Mortgage
$259,500
Interest Rate
6.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 24, 2017
Sold by
Bastien Tracy L and Bastien Shaun
Bought by
Bastien Tracy L and Bastien Shaun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 6, 2015
Sold by
Favorite Bonne S and Alice A Sutton Trust
Bought by
Bastien Tracy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2007
Sold by
Sutton Alice A and Sutton Ben F
Bought by
Sutton Alice A and Alice A Sutton Trust
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
Alvarez Adelso $370,000 None Listed On Document
Golm Crystal D $359,500 --
Bastien Tracy L -- Allian Ce Group Title Llc
Bastien Tracy J $150,000 Alliance Group Title Llc
Sutton Alice A -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Adelso $363,298
Previous Owner Golm Crystal D $259,500
Previous Owner Bastien Tracy L $160,000
Previous Owner Bastien Tracy J $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2022 10/26/22 Sold $359,500 -4.3% $189 / Sq Ft
09/18/2022 09/18/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $375,470 0.0% $198 / Sq Ft
08/23/2022 08/23/22 Pending -- -- --
08/20/2022 08/20/22 For Sale $375,470 -- $198 / 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 $6,490 $308,829 $70,125 $238,704
2024 $6,490 $320,303 $70,125 $250,178
2023 $6,574 $320,841 $70,125 $250,716
2022 $5,507 $146,077 $0 $0
2021 $2,097 $141,822 $0 $0
2020 $2,150 $139,864 $0 $0
2019 $2,098 $136,719 $0 $0
2018 $2,061 $134,170 $0 $0
2017 $1,920 $131,410 $0 $0
2016 $1,895 $128,707 $0 $0
2015 $899 $79,324 $0 $0
2014 $899 $78,694 $0 $0
2013 -- $77,531 $15,900 $61,631
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4542082

Stellar MLS

APN: 27296-0000-3