$278,000
SOLD DEC 27, 2024

1243 Dr Martin Luther King jr Place Palmetto, FL 34221

3 Beds
2 Baths
1,117 Sq Ft
7,449 Sq Ft Lot

Recently Sold

$249 Per Sq Ft

1% Below List Price

47 Days on Market

Highlights

  • Cathedral Ceiling
  • Corner Lot
  • Front Porch
  • End Unit
  • No HOA
  • 1 Car Attached Garage

About This Home

As of December 2024

Don’t Miss This Opportunity to Own a Charming Home with a Garage! This beautifully updated 3-bedroom, 2-bath home is nestled on an oversized, fenced corner lot, this home offers both space and comfort. It features tile floors throughout the main living areas, providing a clean, low-maintenance space that’s perfect for family living and entertaining. Centrally located in Palmetto, you’ll have easy access to downtown Bradenton, local amenities, and major highways, making commuting a breeze. This fantastic property won’t last long on the market—act quickly to make it yours!

Last Agent to Sell the Property

Daniel Robinson

HOUWZER INC Brokerage Phone: 267-765-2080 License #3442630 Listed on: 10/02/2024

HOUWZER INC

Last Buyer's Agent

Oklys Rodriguez Pereira

FIDATA REAL ESTATE LLC License #3477669

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,057

Year Built

  • Built in 1995

Lot Details

  • 7,449 Sq Ft Lot
  • North Facing Home
  • Chain Link Fence
  • Corner Lot
  • Property is zoned CHI

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Concrete Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,117 Sq Ft Home
  • 1-Story Property
  • Cathedral Ceiling
  • Blinds
  • Sliding Doors
  • Living Room
  • Dining Room
  • Laundry in Garage

Kitchen

  • Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Outdoor Features

  • Screened Patio
  • Front Porch

Schools

  • Palmetto Elementary-Mn School
  • Buffalo Creek Middle School
  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

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

$4,057

Year Built

Built in 1995

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Concrete, Stucco
  • Fireplace: No
  • Living Area: 1117
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 1995
  • Building Area Total: 1595
  • Lot Size Sq Ft: 7449
  • Status: Sold
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 248.88
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • Planned Unit Development Yn: 0
  • Property Description: Corner Unit
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_BedroomClosetType: Built-in Closet
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 267-765-2080
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 103.77

Exterior Features

  • Direction Faces: North
  • Exterior Features: Sidewalk, Sliding Doors
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Front Porch, Screened
  • Road Surface Type: Asphalt
  • Disclosures: Seller Property Disclosure
  • 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: Cable Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: In Garage
  • Sewer: Other
  • 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: Palmetto Elementary-MN
  • High School: Palmetto High
  • Middle Or Junior School: Buffalo Creek Middle

Lot Info

  • Zoning: CHI
  • Parcel Number: 2623000151
  • Additional Parcels: No
  • Fencing: Chain Link, Fenced
  • Lot Features: Corner Lot
  • Property Attached Yn: No
  • Flood Zone Code: x

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 4057.28
  • Tax Book Number: 28-77
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2024
Closed on
Dec 13, 2024
Sold by
Nrz Reo Viii Llc
Bought by
Olea Cesar and Olea-Nava Isaac
Seller's Agent
Daniel Robinson
HOUWZER INC
Buyer's Agent
Oklys Rodriguez Pereira
FIDATA REAL ESTATE LLC
List Price
$280,000
Sold Price
$278,000
Premium/Discount to List
-$2,000
-0.71%
Views
74
Current Estimated Value
$240,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$37,347
Avg. Annual Appreciation
-15.28%
Original Mortgage
$9,730
Outstanding Balance
$7,078
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$233,575

Purchase Details

Closed on
Sep 26, 2024
Sold by
New Residential Borrower 2022-Sfr1 Llc
Bought by
Nrz Reo Viii Llc

Purchase Details

Closed on
Jan 13, 2022
Sold by
Boulton Properties Llc
Bought by
New Resid Borrower 2022 Sfr1 L

Purchase Details

Listed on
Nov 12, 2020
Closed on
Mar 15, 2021
Sold by
Johnson Jalla S
Bought by
Boulton Properties Llc
Seller's Agent
Krissy Bilbrey
FINE PROPERTIES
Buyer's Agent
Kelly Harden
MIHARA & ASSOCIATES INC.
List Price
$219,900
Sold Price
$194,000
Premium/Discount to List
-$25,900
-11.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.73%

Purchase Details

Listed on
Jan 17, 2017
Closed on
Jun 16, 2017
Sold by
Zuniga Fernando and Zuniga Rosario E
Bought by
Johnson Jalla S
Buyer's Agent
Avian French
KELLER WILLIAMS ON THE WATER
List Price
$140,000
Sold Price
$120,000
Premium/Discount to List
-$20,000
-14.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.71%
Original Mortgage
$121,212
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 31, 2013
Sold by
Jackson Norman C
Bought by
Zuniga Fernando

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,641
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
May 14, 2004
Sold by
Jackson Norman C and Jackson Lollie B
Bought by
Jackson Norman C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 1995
Sold by
Palmetto Palms Corp
Bought by
Jackson Norman C and Jackson Lollie B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
8.89%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Special Warranty Deed $278,000 None Listed On Document
Special Warranty Deed $625,000 None Listed On Document
Special Warranty Deed $100 None Listed On Document
Warranty Deed $194,000 American Patriot Title
Warranty Deed $117,000 La Rosa Title Llc
Warranty Deed $75,000 Integrity Title Services Inc
Interfamily Deed Transfer -- Landmark Title & Trust Inc
Warranty Deed $69,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,730 New Conventional
Open $272,964 FHA
Previous Owner $121,212 New Conventional
Previous Owner $73,641 FHA
Previous Owner $79,800 New Conventional
Previous Owner $66,400 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/27/2024 12/27/24 Sold $278,000 +3.9% $249 / Sq Ft
11/18/2024 11/18/24 Pending -- -- --
11/12/2024 11/12/24 Price Changed $267,500 -0.9% $239 / Sq Ft
10/29/2024 10/29/24 Price Changed $270,000 -1.8% $242 / Sq Ft
10/15/2024 10/15/24 Price Changed $275,000 -1.8% $246 / Sq Ft
10/02/2024 10/02/24 For Sale $280,000 +44.3% $251 / Sq Ft
03/15/2021 03/15/21 Sold $194,000 -11.8% $174 / Sq Ft View Prior Sale
02/22/2021 02/22/21 Pending -- -- --
02/18/2021 02/18/21 Price Changed $219,900 0.0% $197 / Sq Ft
02/18/2021 02/18/21 For Sale $219,900 +10.5% $197 / Sq Ft
11/23/2020 11/23/20 Pending -- -- --
11/12/2020 11/12/20 For Sale $199,000 +65.8% $178 / Sq Ft
09/18/2017 09/18/17 Off Market $120,000 -- --
06/19/2017 06/19/17 Sold $120,000 -14.3% $107 / Sq Ft View Prior Sale
02/23/2017 02/23/17 Pending -- -- --
01/17/2017 01/17/17 For Sale $140,000 -- $125 / 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 $3,966 $228,068 $15,300 $212,768
2024 $3,966 $198,646 $15,300 $183,346
2023 $4,057 $200,820 $15,300 $185,520
2022 $3,604 $176,652 $15,000 $161,652
2021 $1,694 $120,523 $0 $0
2020 $1,733 $118,859 $15,000 $103,859
2019 $2,588 $120,126 $15,000 $105,126
2018 $2,399 $109,959 $13,000 $96,959
2017 $1,013 $84,871 $0 $0
2016 $992 $83,125 $0 $0
2015 $973 $82,547 $0 $0
2014 $973 $81,892 $0 $0
2013 $853 $75,520 $12,700 $62,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O6246096

Stellar MLS

APN: 26230-0015-1