NOT LISTED FOR SALE

1508 7th St W Palmetto, FL 34221

Estimated Value: $325,000 - $389,000

3 Beds
2 Baths
1,650 Sq Ft
$220/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $232,000 $141 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $2,239/month

73 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • South Facing Home
  • Covered Patio or Porch

About This Home

As of July 2020

TRULY STUNNING! As you pull up to this beautifully remodeled 3 bedroom/2 bathroom home, you'll immediately notice the Freedom Ashford vinyl fence panels, paver driveway, and colorful landscaping. As you step inside this light and bright home, you will be impressed with the freshly painted interior, new TRAFFIC Master laminate flooring, and LED lighting fixtures throughout. Preparing meals will be a pleasure in this spectacular kitchen featuring new Hampton Bay shaker style bright kitchen cabinets, granite countertops, and top ranking Samsung J500 Premium Stainless Steel Appliance package with Microwave hood vent. Bathrooms have been updated with new vanities, toilets, and more! You will feel safe from any storm with the Hurricane Impact door and Hurricane Impact window package; $10,000 upgrade! The new metal carport is built to withstand 160mph winds. New stucco, all new electrical wiring throughout the house, all new plumbing supply and drain lines, all new framing and insulation, and all new drywall combine to add peace of mind for years to come in this home. This one won't last long! *Seller would consider replacing the current carport with garage in photos for an additional 19K over asking price.

Last Agent to Sell the Property

Gabriel Reed

BRIGHT REALTY License #0676896 Listed on: 03/27/2020

BRIGHT REALTY

Last Buyer's Agent

Jessica Adair

MARCUS & COMPANY REALTY License #3403759

MARCUS & COMPANY REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $717

Year Built

  • Built in 2001

Lot Details

  • 6,347 Sq Ft Lot
  • Lot Dimensions are 45x141
  • South Facing Home
  • Property is zoned RS3

Home Design

  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,650 Sq Ft Home
  • Laminate Flooring
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Schools

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

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Welshs Add To Palmetto Community
  • Welshs Add To Palmetto Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$717

Year Built

Built in 2001

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1650
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 2001
  • Building Area Total: 1728
  • Lot Size Sq Ft: 6347
  • Directions to Property: 10th St W, Turn left onto 14th Ave W, Turn right at the 3rd cross street onto 7th St W, Destination will be on the right.
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4463549?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4463549?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.00871
  • Price per Sq Ft: 140.61
  • Close to Original List Price Ratio: 1.05456
  • Ratio: Current Price\Building Area Total: 134.26
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Estimated
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Interior Amenities: Other
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 1508
  • Room Count: 3
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Direction Faces: South
  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • 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: RS3
  • Parcel Number: 2896700008
  • Additional Parcels: No
  • Lot Dimensions: 45x141
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

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

Tax Info

  • Tax Annual Amount: 717.16
  • Tax Block: 8
  • Tax Book Number: 1-299
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2020
Closed on
Jul 8, 2020
Sold by
Waterfall Capital Group Llc
Bought by
Edwards Christy L
Seller's Agent
Gabriel Reed
BRIGHT REALTY
Buyer's Agent
Jessica Adair
MARCUS & COMPANY REALTY
List Price
$229,997
Sold Price
$232,000
Premium/Discount to List
$2,003
0.87%
Current Estimated Value
$363,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,222
Avg. Annual Appreciation
8.83%
Original Mortgage
$227,797
Outstanding Balance
$201,995
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$161,227

Purchase Details

Listed on
Feb 10, 2018
Closed on
Apr 8, 2018
Sold by
Fannie Mae
Bought by
Waterfall Capital Grouop Llc
Seller's Agent
Lori Campbell
ALLEGIANT REAL ESTATE GROUP
Buyer's Agent
Lori Campbell
ALLEGIANT REAL ESTATE GROUP
List Price
$39,900
Sold Price
$39,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
118.67%

Purchase Details

Closed on
Feb 2, 2018
Sold by
Elliot Robert M and The Estte Of Naomi C Szajnowsk
Bought by
Federal National Mortgage Asset

Purchase Details

Closed on
Apr 1, 2017
Bought by
Federal National Mortgage Asso
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 Buyer Sale Price Title Company
Edwards Christy L $232,000 Attorney
Waterfall Capital Grouop Llc $39,900 Attorney
Federal National Mortgage Asset -- Attorney
Federal National Mortgage Asso $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Edwards Christy L $227,797
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2020 07/08/20 Sold $232,000 +0.9% $141 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/24/2020 05/24/20 Price Changed $229,997 0.0% $139 / Sq Ft
05/24/2020 05/24/20 For Sale $229,997 +15.0% $139 / Sq Ft
04/15/2020 04/15/20 Pending -- -- --
03/31/2020 03/31/20 Price Changed $199,997 -9.1% $121 / Sq Ft
03/27/2020 03/27/20 For Sale $219,997 +451.4% $133 / Sq Ft
04/09/2018 04/09/18 Sold $39,900 0.0% $40 / Sq Ft View Prior Sale
03/09/2018 03/09/18 Pending -- -- --
02/10/2018 02/10/18 For Sale $39,900 -- $40 / 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 $3,822 $239,307 -- --
2024 $3,822 $232,563 -- --
2023 $3,741 $225,789 $0 $0
2022 $3,624 $219,213 $0 $0
2021 $3,442 $212,828 $45,000 $167,828
2020 $792 $40,000 $40,000 $0
2019 $717 $35,000 $35,000 $0
2018 $572 $27,500 $27,500 $0
2017 $1,208 $54,966 $0 $0
2016 $1,108 $47,704 $0 $0
2015 $326 $34,576 $0 $0
2014 $326 $34,302 $0 $0
2013 $315 $33,795 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4463549

Stellar MLS

APN: 28967-0000-8