NOT LISTED FOR SALE

1523 7th Ave E Palmetto, FL 34221

Estimated Value: $197,000 - $245,000

3 Beds
1 Bath
1,026 Sq Ft
$214/Sq Ft Est. Value

Last Sold January 19, 2018

Last sale price $100,000 $97 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $1,364/month

45 Days on Market

Highlights

  • Deck
  • No HOA
  • Ceramic Tile Flooring
  • Attic
  • Covered Patio or Porch
  • Central Heating and Cooling System

About This Home

As of January 2018

Investor Alert, $10000.00 reduction, Seller is motivated. Excellent rental opportunity, 3/1 with attached one car garage, fenced in property. Close to Lincoln Park & Recreation Center. Great potential with a little TLC. Vinyl windows thru-out. Corner lot. Don't miss this exceptional opportunity.

Last Buyer's Agent

Jonah Wright

CARMEL PROPERTIES License #3341548

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $366

Year Built

  • Built in 1983

Lot Details

  • 6,360 Sq Ft Lot
  • Property is zoned RSF6

Parking

  • 1 Carport Space

Home Design

  • 1,026 Sq Ft Home
  • Slab Foundation
  • Shingle Roof
  • Stucco

Kitchen

  • Range with Range Hood

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Palmetto Elementary School
  • Lincoln Middle School
  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Attic

Community Details

  • No Home Owners Association
  • Sylvan Oaks Community
  • Sylvan Oaks Sub Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$366

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 1026
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1983
  • Building Area Total: 1323
  • Lot Size Sq Ft: 6360
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 97.47
  • Total Acreage: Up to 10,889 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Laminate
  • Full Bathrooms: 1
  • Interior Amenities: Attic
  • Appliances Included: Electric Water Heater, Range, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic

Exterior Features

  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12081C0168E

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Approval Required YN: 0
  • Association Fee Requirement: None

Schools

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

Lot Info

  • Zoning: RSF6
  • Parcel Number: 2583302407
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 366
  • Tax Block: B
  • Tax Book Number: 21-85
  • Tax Lot: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 23, 2017
Closed on
Jan 19, 2018
Sold by
Suncoast Equity Partners Llc
Bought by
Wright Earl
Buyer's Agent
Jonah Wright
CARMEL PROPERTIES
List Price
$115,000
Sold Price
$100,000
Premium/Discount to List
-$15,000
-13.04%
Current Estimated Value
$219,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,700
Avg. Annual Appreciation
10.41%
Original Mortgage
$79,100
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Listed on
Nov 23, 2017
Closed on
Nov 20, 2017
Sold by
Millard Kimberly and Estate Of Vickie L Pearce
Bought by
Suncoast Equity Partners Llc A Fl Limite
Buyer's Agent
Jonah Wright
CARMEL PROPERTIES
List Price
$115,000
Sold Price
$100,000
Premium/Discount to List
-$15,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,100
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 16, 2017
Sold by
Millard Kimberly
Bought by
Millard Kimberly and Vickie L Pearce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,100
Interest Rate
3.91%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 5, 2002
Sold by
Pearce Dorothy A
Bought by
Pearce Vickie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,750
Interest Rate
6.52%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 22, 1996
Sold by
Pearce Vickie L
Bought by
Pearce Vickie L and Pearce Floyd H
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wright Earl $100,000 Heritage Title Agency Inc
Suncoast Equity Partners Llc A Fl Limite $72,500 Synergy Title Partners Llc
Millard Kimberly -- Attorney
Pearce Vickie L -- --
Pearce Vickie L $15,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Suncoast Equity Partners Llc A Fl Limite $79,100
Previous Owner Pearce Vickie L $48,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/21/2018 04/21/18 Off Market $100,000 -- --
01/19/2018 01/19/18 Sold $100,000 -7.0% $97 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
01/03/2018 01/03/18 Price Changed $107,500 -2.3% $105 / Sq Ft
12/18/2017 12/18/17 Price Changed $110,000 -2.3% $107 / Sq Ft
12/14/2017 12/14/17 Price Changed $112,575 -2.1% $110 / Sq Ft
12/06/2017 12/06/17 For Sale $115,000 0.0% $112 / Sq Ft
12/02/2017 12/02/17 Pending -- -- --
11/30/2017 11/30/17 Price Changed $115,000 -4.2% $112 / Sq Ft
11/23/2017 11/23/17 For Sale $120,000 -- $117 / 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 $2,557 $159,828 -- --
2024 $2,557 $203,825 $30,600 $173,225
2023 $2,601 $210,587 $30,600 $179,987
2022 $2,345 $183,441 $30,000 $153,441
2021 $1,742 $108,319 $20,000 $88,319
2020 $1,757 $104,113 $20,000 $84,113
2019 $1,784 $105,266 $20,000 $85,266
2018 $1,703 $98,862 $20,000 $78,862
2017 $906 $74,758 $0 $0
2016 $366 $56,781 $0 $0
2015 $639 $54,134 $0 $0
2014 $639 $53,920 $0 $0
2013 $601 $51,235 $7,100 $44,135
Source: Public Records

Agents Affiliated with this Home

  • J

    Buyer's Agent in 2018

    Jonah Wright

    CARMEL PROPERTIES

    (941) 932-1661

    7 Total Sales

    Jonah Wright
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4202510

Stellar MLS

APN: 25833-0240-7

Florida Manatee County Palmetto 34221

1523 7th Ave E, Palmetto, FL

Not Listed for Sale

Detached

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