NOT LISTED FOR SALE

1312 Merritt Rd Palmetto, FL 34221

Estimated Value: $555,000 - $720,933

3 Beds
3 Baths
2,810 Sq Ft
$226/Sq Ft Est. Value

Last Sold February 21, 2020

Last sale price $347,500 $124 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $3,946/month

99 Days on Market

Highlights

  • Parking available for a boat
  • View of Trees or Woods
  • Open Floorplan
  • Property is near a marina
  • 0.59 Acre Lot
  • Florida Architecture

About This Home

As of February 2020

SELLER SAYS BRINGS OFFERS...HUGE, PRICE IMPROVEMENT...Once in a while, an opportunity like this comes to live in a Corner, Double Lot, Light & Spacious, Move-In ready home nestled among mature oaks and lush landscaping near the water. This partially remodeled 3 Bed/2 Bath home w/ bonus room, storage space & additional full bath is on Snead Island on a quiet dead end street. It boasts new laminate wood flooring thru-out w/ new carpet in the bedrooms, Sherwin Williams Cashmere Interior paint, New lighting fixtures and hardware. The Flat portion of the roof has new membrane as well as new soffits. Bathrooms and Kitchen are left for your personal touch later in time. This home has very good bones, large Bedrooms w/ walk-in closets, and Indoor Laundry Room. The front porch welcomes you w/ a great view of the park like feel where you will love the peace and serenity. There is a 3-car Carport and workshop area and plenty of storage space. Snead Island is conveniently located between Sarasota and St. Pete, offers something for everyone including boating, yacht club, schools, shopping & restaurants, & just 20 minutes to our beautiful sandy beaches. Enjoy walking, biking, kayaking, or fishing at the historic 365 Acre Emerson State Park. Nearby marinas, dry boat storage, and public boat launch. No CDD fees. Come live the dream and enjoy beautiful sunsets of the Gulf Coast lifestyle. Come see this Snead Island Retreat without overthinking it.....this opportunity won't last long!

Last Agent to Sell the Property

Patty Reif

DOLPHIN REALTY & MGMT LLC License #3315126 Listed on: 10/04/2019

Last Buyer's Agent

Evert Williams

COASTAL HOME ADVISORS RE License #3312882

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,361

Year Built

  • Built in 1976

Lot Details

  • 0.59 Acre Lot
  • Southwest Facing Home
  • Corner Lot
  • Oversized Lot
  • Property is zoned RSF3/CH

Home Design

  • Florida Architecture
  • Elevated Home
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Membrane Roofing
  • Wood Siding
  • Siding

Interior Spaces

  • 2,810 Sq Ft Home
  • Open Floorplan
  • Ceiling Fan
  • Blinds
  • Drapes & Rods
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Breakfast Room
  • Bonus Room
  • Storage Room
  • Laundry Room
  • Inside Utility
  • Views of Woods

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Parking

  • 3 Carport Spaces
  • Driveway
  • Parking Garage Space
  • Parking available for a boat

Outdoor Features

  • Outdoor Shower
  • Property is near a marina
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Outdoor Storage
  • Rain Gutters

Schools

  • Palmetto Elementary-Mn School
  • Lincoln Middle School
  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Thermostat
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Winella Park Pb1/222 Community
  • Winella Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,361

Year Built

Built in 1976

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Elevated, Florida
  • Construction Materials: Siding, Wood Siding
  • Fireplace: No
  • Living Area: 2810
  • Lot Size Acres: 0.59
  • New Construction: No
  • Year Built: 1976
  • Lot Size Sq Ft: 25740
  • Directions to Property: From HWY 301, straight west to 51st Ave Dr., house is on the right. Turn right at the Dead end road on 51st Ave. to park in the driveway which is on the side of the home.
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4447893?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4447893?w=Customer
  • Homestead Y N: No
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: Elevated
  • Ratio: Close Price\List Price: 0.96797
  • Price per Sq Ft: 123.67
  • Close to Original List Price Ratio: 0.78978
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Vinyl
  • Full Bathrooms: 3
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Kitchen/Family Room Combo, Living Room/Dining Room Combo, Open Floorplan, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Microwave, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Yn: No
  • Window Features: Blinds, Drapes
  • Street Number Modifier: 1312
  • Room Count: 8
  • Additional Rooms: Bonus Room, Breakfast Room Separate, Family Room, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Other Structures: Other, Storage, Workshop
  • Exterior Features: Balcony, Lighting, Outdoor Shower, Rain Gutters, Sliding Doors, Storage
  • Roof: Membrane, Shingle
  • Pool Private: No
  • View: Trees/Woods
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0163E
  • Disclosures: None

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 3
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Boat, Covered, Driveway, Under Building
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Street Lights
  • Cooling: Central Air
  • Heating: Central, Heat Pump
  • Laundry Features: Laundry Room
  • 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

Schools

  • Elementary School: Palmetto Elementary-MN
  • High School: Palmetto High
  • Middle Or Junior School: Lincoln Middle

Lot Info

  • Zoning: RSF3/CH
  • Parcel Number: 2982800001
  • Additional Parcels: No
  • Lot Features: Corner Lot, In County, Near Marina, Oversized Lot
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 3361
  • Tax Book Number: 11-92
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 4, 2019
Closed on
Feb 21, 2020
Sold by
Frazier Tonya Mollis and Estate Of Russell Wayne Mollis
Bought by
Prewitt Matthew
Seller's Agent
Patty Reif
DOLPHIN REALTY & MGMT LLC
Buyer's Agent
Evert Williams
COASTAL HOME ADVISORS RE
List Price
$439,995
Sold Price
$347,500
Premium/Discount to List
-$92,495
-21.02%
Current Estimated Value
$716,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$368,663
Avg. Annual Appreciation
11.17%
Original Mortgage
$260,625
Outstanding Balance
$230,765
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$403,968

Purchase Details

Closed on
May 13, 2014
Sold by
Mollis Ruth Lynn and Mollis Ruth L
Bought by
Mollis Ruth Lynn and Mollis Russell Wayne
Source: Public Records

Range of Values:

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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
Prewitt Matthew -- Attorney
Prewitt Matthew $347,500 Attorney
Mollis Ruth Lynn -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prewitt Matthew $260,625
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/21/2020 02/21/20 Sold $347,500 -3.2% $124 / Sq Ft
01/11/2020 01/11/20 Pending -- -- --
01/10/2020 01/10/20 Price Changed $359,000 -6.8% $128 / Sq Ft
11/08/2019 11/08/19 Price Changed $385,000 -6.1% $137 / Sq Ft
10/29/2019 10/29/19 Price Changed $409,999 -6.8% $146 / Sq Ft
10/04/2019 10/04/19 For Sale $439,995 -- $157 / 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 $2,358 $201,869 -- --
2024 $2,358 $196,180 -- --
2023 $2,315 $190,466 $0 $0
2022 $2,235 $184,918 $0 $0
2021 $2,145 $179,532 $0 $0
2020 $4,046 $281,987 $90,000 $191,987
2019 $4,028 $297,904 $112,500 $185,404
2018 $3,361 $214,216 $41,278 $172,938
2017 $3,059 $204,553 $0 $0
2016 $3,020 $197,532 $0 $0
2015 $2,096 $169,229 $0 $0
2014 $2,096 $167,886 $0 $0
2013 $2,086 $165,405 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Patty Reif

    Seller's Agent in 2020

    Patty Reif

    DOLPHIN REALTY & MGMT LLC

    (941) 724-9722

    7 Total Sales

    Patty Reif
    Section Image
  • Evert Williams

    Buyer's Agent in 2020

    Evert Williams

    COASTAL HOME ADVISORS RE

    (727) 262-2794

    48 Total Sales

    Evert Williams
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4447893

Stellar MLS

APN: 29828-0000-1

Florida Manatee County Palmetto 34221

1312 Merritt Rd, Palmetto, FL

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.

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

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