NOT LISTED FOR SALE

1216 Dr Martin Luther King jr Place Palmetto, FL 34221

Estimated Value: $277,093 - $285,000

4 Beds
2 Baths
1,403 Sq Ft
$200/Sq Ft Est. Value

Last Sold December 14, 2017

Last sale price $159,000 $113 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $1,861/month

21 Days on Market

Highlights

  • Ranch Style House
  • No HOA
  • Walk-In Closet
  • Separate Formal Living Room
  • Formal Dining Room
  • Shed

About This Home

As of December 2017

This home is perfect for 1st Time Home buyer with a large family as it is a true 4/2 with a garage that was converted with permits to a bedroom. The kitchen has been updated with wood cabinets and granite countertops. The roof is 3 months old. Central Heat and Air replaced in 2013. Numerous porches make this home ideal for enjoying family cookouts. The shed out back has electricity perfect for working projects etc. This home is centerally located close to shopping, restaurants etc.

Last Agent to Sell the Property

May Aston

LIMBO COMPANY SARASOTA ASSOC License #500713 Listed on: 08/01/2017

Co-Listed By

Barbara Mollanazar

RE/MAX ALLIANCE GROUP License #0605141

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Barbara Mollanazar

RE/MAX ALLIANCE GROUP License #0605141

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,760

Year Built

  • Built in 1995

Lot Details

  • 6,795 Sq Ft Lot
  • Property is zoned CHI

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,403 Sq Ft Home
  • Separate Formal Living Room
  • Formal Dining Room
  • Range
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Shed
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Palmetto Palms Subdivision Community
  • Palmetto Palms Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,760

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1403
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 1595
  • Lot Size Sq Ft: 6795
  • Directions to Property: Take Manatee Ave W and US-41 BUS N/8th Ave W to 5th Ave W in Palmetto Continue on 5th Ave W. Drive to Dr Martin Luther King Jr Pl/Martin Luther King Pl
  • Status: Sold
  • Co List Office Mls Id: MFR266509058
  • Co List Office Phone: 941-758-7777
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • List Office Head Office Key Nume: 1047486
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 113.33
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 2
  • Interior Amenities: Other, Walk-In Closet(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Street Number Modifier: 1216
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Formal Dining Room Separate,Formal Living Room Separate
  • Room Count: 7

Exterior Features

  • Other Structures: Shed(s)
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2014-03-17T00:00:00.000
  • Flood Zone Panel: 12081C0164E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: None

Lot Info

  • Zoning: CHI
  • Parcel Number: 2623000854
  • Additional Parcels: No
  • Lot Features: In County
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Homestead YN: 1

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 1760
  • Tax Book Number: 28-77
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2025
Sold by
Rodriguez Edilma Garsia
Bought by
Rodriguez American
Current Estimated Value
$280,773

Purchase Details

Listed on
Aug 1, 2017
Closed on
Dec 15, 2017
Sold by
Marshall Lellia F and Marshall Johnnie Lee
Bought by
Rodriguez Edilma Garsia
Seller's Agent
May Aston
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Barbara Mollanazar
RE/MAX ALLIANCE GROUP
List Price
$159,900
Sold Price
$159,000
Premium/Discount to List
-$900
-0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.48%
Original Mortgage
$62,000
Interest Rate
3.94%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jan 30, 2017
Sold by
Lang Benjamin B and Lang Joseph Kyrie
Bought by
Joseph Kyrie K and Marshall Lelia F

Purchase Details

Closed on
Feb 27, 2014
Sold by
Marshall Johnnie L and Marshall Lelia F
Bought by
Lang Benjamin B and Lang Joseph Kyrie

Purchase Details

Closed on
Oct 20, 1995
Sold by
Palmetto Palms Corp
Bought by
Marshall Johnnie L and Marshall Lelia F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
7.58%
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
Rodriguez American $100 Cadence Title Services
Rodriguez Edilma Garsia $159,000 Heritage Title Agency Inc
Joseph Kyrie K -- Attorney
Lang Benjamin B -- Attorney
Marshall Johnnie L $65,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Edilma Garsia $62,000
Previous Owner Marshall Johnnie L $67,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2018 03/14/18 Off Market $159,000 -- --
12/14/2017 12/14/17 Sold $159,000 -0.6% $113 / Sq Ft
08/22/2017 08/22/17 Pending -- -- --
07/31/2017 07/31/17 For Sale $159,900 -- $114 / 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 $3,977 $204,909 -- --
2024 $3,977 $224,799 $15,300 $209,499
2023 $3,829 $227,313 $15,300 $212,013
2022 $2,962 $199,839 $15,000 $184,839
2021 $2,844 $139,955 $15,000 $124,955
2020 $2,854 $134,139 $15,000 $119,139
2019 $2,865 $134,310 $15,000 $119,310
2018 $2,636 $121,632 $13,000 $108,632
2017 $1,802 $109,900 $0 $0
2016 $1,760 $106,361 $0 $0
2015 $1,040 $100,372 $0 $0
2014 $1,040 $85,229 $0 $0
2013 $1,024 $83,969 $12,700 $71,269
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    May Aston

    LIMBO COMPANY SARASOTA ASSOC

  • Barbara Mollanazar

    Seller Co-Listing Agent in 2017

    Barbara Mollanazar

    RE/MAX

    (941) 720-2517

    15 in this area

    151 Total Sales

    Barbara Mollanazar
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Map

Source: Stellar MLS

MLS Number: A4192679

Stellar MLS

APN: 26230-0085-4

Florida Manatee County Palmetto 34221

1216 Dr Martin Luther King jr Place, Palmetto, FL

This home is located at 1216 Dr Martin Luther King jr Place, Palmetto, FL 34221 since 01 August 2017 and is currently estimated at $280,773, approximately $200 per square foot. This property was built in 1995. 1216 Dr Martin Luther King jr Place is a home located in Manatee County with nearby schools including Palmetto Elementary School, Palmetto High School, and Team Success A School Of Excellence.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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