1224 Dr Mlk Place Palmetto, FL 34221
Estimated Value: $256,000 - $265,000
3
Beds
2
Baths
1,122
Sq Ft
$231/Sq Ft
Est. Value
About This Home
This home is located at 1224 Dr Mlk Place, Palmetto, FL 34221 and is currently estimated at $258,872, approximately $230 per square foot. 1224 Dr Mlk Place is a home located in Manatee County with nearby schools including Palmetto Elementary School, Palmetto High School, and Lincoln Memorial Academy.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 25, 2007
Sold by
Burgos Erasmo
Bought by
Burgos Erasmo and Munoz Elena
Current Estimated Value
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
Outstanding Balance
$119,140
Interest Rate
9.1%
Mortgage Type
New Conventional
Estimated Equity
$139,732
Purchase Details
Closed on
Apr 28, 1999
Sold by
Lewis David P and Lewis Barbara P
Bought by
Burgos Erasmo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,235
Interest Rate
7.06%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
Date | Buyer | Sale Price | Title Company |
---|---|---|---|
Burgos Erasmo | $29,300 | Gulf Title Of Manatee Inc | |
Burgos Erasmo | $65,300 | -- |
Source: Public Records
Mortgage History
Date | Status | Borrower | Loan Amount |
---|---|---|---|
Open | Burgos Erasmo | $135,000 | |
Closed | Burgos Erasmo | $65,235 |
Source: Public Records
Tax History Compared to Growth
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 | $1,258 | $98,386 | -- | -- |
2024 | $1,258 | $95,613 | -- | -- |
2023 | $1,206 | $92,828 | $0 | $0 |
2022 | $1,114 | $90,124 | $0 | $0 |
2021 | $1,069 | $87,499 | $0 | $0 |
2020 | $1,087 | $86,291 | $0 | $0 |
2019 | $1,050 | $84,351 | $0 | $0 |
2018 | $1,022 | $82,778 | $0 | $0 |
2017 | $939 | $81,075 | $0 | $0 |
2016 | $918 | $79,407 | $0 | $0 |
2015 | $874 | $77,534 | $0 | $0 |
2014 | $874 | $76,919 | $0 | $0 |
2013 | $858 | $75,782 | $12,700 | $63,082 |
Source: Public Records
Map
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