NOT LISTED FOR SALE

1305 51st Avenue Dr W Palmetto, FL 34221

Estimated Value: $403,000 - $546,000

3 Beds
2 Baths
1,476 Sq Ft
$303/Sq Ft Est. Value

Last Sold February 13, 2023

Last sale price $415,000 $281 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,821/month

66 Days on Market

Highlights

  • Bonus Room
  • Balcony
  • French Doors
  • No HOA
  • 1 Car Attached Garage
  • Ceramic Tile Flooring

About This Home

As of February 2023

Great opportunity for Snead Island Living!! Located on a large corner lot with 1/3 of an acre, this two bedroom, 2 bathroom, 2 story Key West style home boasts many opportunities and includes a bonus room downstairs with a kitchenette that could be used as a third bedroom, a mother-in-law suite, a rental unit for additional income, or a large workspace. French doors from the upstairs dining room lead out to a large back deck with great views of the yard and the boat works across the street. There is plenty of storage space in the large garage that offers cabinets and shelving to create a great workshop. In the back yard there is a metal carport with a shell pad and enough room to park an RV or two boats underneath, this can be accessed through a double gate to the back yard which offers seclusion and privacy. The property also features Guava, Mango, Avocado and Lemon trees. The Snead Island boat works located directly across the street offer boat slips at a monthly rate where you can leave your boat in the water on a lift and you are only about a minute away at all times. The Bradenton Yacht Club is located to the left as you enter onto Snead Island and has a pool, tiki bar and dining. Emerson Park is located on Snead Island as well and offers a great space for walking, riding bikes or kayaking. Snead Island is truly a wonderful place to live with all of its amenities, peaceful seclusion and friendly neighbors!

Last Agent to Sell the Property

Taylor O'Quinn

THE KEYES COMPANY - SARASOTA License #3442721 Listed on: 11/25/2022

THE KEYES COMPANY  - SARASOTA

Last Buyer's Agent

Renee Gingold

BHHS FLORIDA PROPERTIES GROUP License #3324417

BHHS FLORIDA PROPERTIES GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,941

Year Built

  • Built in 1979

Lot Details

  • 0.33 Acre Lot
  • East Facing Home
  • Property is zoned RSF3/CH

Parking

  • 1 Car Attached Garage
  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,476 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • French Doors
  • Combination Dining and Living Room
  • Bonus Room
  • Dishwasher

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony

Utilities

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

Community Details

  • No Home Owners Association
  • Snead Island Community
  • Snead Island Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,941

Year Built

Built in 1979

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 1476
  • Lot Size Acres: 0.33
  • New Construction: No
  • Year Built: 1979
  • Building Area Total: 2429
  • Lot Size Sq Ft: 14520
  • Directions to Property: From Palmetto, West on 10th Street W, Cross bridge to Snead Island, Right on 51st Ave Dr W, 1st House on Left
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4553380?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4553380?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.88298
  • Price per Sq Ft: 281.17
  • Close to Original List Price Ratio: 0.79961
  • Ratio: Current Price\Building Area Total: 170.85
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Dishwasher, Electric Water Heater, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Stories: 2
  • Street Number Modifier: 1305
  • Room Count: 6
  • Additional Rooms: Bonus Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Balcony, French Doors
  • Roof: Metal
  • 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: Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: None
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Lot Info

  • Zoning: RSF3/CH
  • Parcel Number: 2982600005
  • Additional Parcels: No
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 2940.8
  • Tax Book Number: 11-92
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 25, 2023
Sold by
Newman Russell Edward
Bought by
Newman Russell Edward
Current Estimated Value
$447,897

Purchase Details

Listed on
Nov 25, 2022
Closed on
Feb 15, 2023
Sold by
Taylor Elliott A and Taylor T
Bought by
Newman Russell Edward
Seller's Agent
Taylor O'Quinn
THE KEYES COMPANY - SARASOTA
Buyer's Agent
Renee Gingold
BHHS FLORIDA PROPERTIES GROUP
List Price
$519,000
Sold Price
$415,000
Premium/Discount to List
-$104,000
-20.04%
Views
32

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.07%

Purchase Details

Listed on
Nov 20, 2017
Closed on
Dec 28, 2017
Sold by
Pledger Blair K and Pledger Linc R
Bought by
Taylor Elliott A
Seller's Agent
Marie Avery-Withers
COLDWELL BANKER REALTY
Buyer's Agent
Robert Hall
ALLIANCE GROUP LIMITED
List Price
$295,000
Sold Price
$275,000
Premium/Discount to List
-$20,000
-6.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.35%
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
Newman Russell Edward $100 None Listed On Document
Newman Russell Edward $415,000 Barnes Walker Title
Taylor Elliott A $275,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/13/2023 02/13/23 Sold $415,000 -11.7% $281 / Sq Ft
01/31/2023 01/31/23 Pending -- -- --
01/04/2023 01/04/23 Price Changed $470,000 -5.8% $318 / Sq Ft
12/06/2022 12/06/22 Price Changed $499,000 -3.9% $338 / Sq Ft
11/25/2022 11/25/22 For Sale $519,000 +88.7% $352 / Sq Ft
03/28/2018 03/28/18 Off Market $275,000 -- --
12/28/2017 12/28/17 Sold $275,000 -6.8% $186 / Sq Ft
11/22/2017 11/22/17 Pending -- -- --
11/20/2017 11/20/17 For Sale $295,000 -- $200 / 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
2024 $4,562 $360,991 $63,750 $297,241
2023 $5,822 $408,022 $63,750 $344,272
2022 $3,108 $247,389 $0 $0
2021 $2,941 $237,232 $0 $0
2020 $3,031 $233,957 $60,000 $173,957
2019 $3,139 $239,467 $0 $0
2018 $3,180 $202,092 $29,494 $172,598
2017 $1,073 $102,298 $0 $0
2016 $1,061 $100,194 $0 $0
2015 $1,062 $99,498 $0 $0
2014 $1,062 $98,708 $0 $0
2013 $1,057 $97,537 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4553380

Stellar MLS

APN: 29826-0000-5