$215,000
SOLD DEC 19, 2024

1531 5th St W Palmetto, FL 34221

2 Beds
1 Bath
967 Sq Ft
7,250 Sq Ft Lot

Recently Sold

$222 Per Sq Ft

14% Below List Price

7 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Living Room
  • Sun or Florida Room
  • Bathtub with Shower
  • Laundry Room

About This Home

As of December 2024

One or more photo(s) has been virtually staged. Own a piece of history blocks from the water with this quaint two bedroom cottage in the heart of historic Palmetto. This home on a corner lot is shaded by towering oaks estimated to be as old as this 100 year old Spanish style cottage. Enjoy the views of neighbors on their evening walks sitting on your screened front porch. Entering the front door be greeted with wood floors and fireplace in the main living room. The same wood is throughout the two bedrooms, dining room and hallways. An enclosed back porch has been turned into an additional living area. A large, shaded backyard is highlighted by a nice paver patio, sidewalk and driveway leading to the detached single car garage with carport. This home needs a lot of TLC, but the AC appears newer and there appears to be no staining on the ceiling from the recent storms. You are a few minutes’ walk from Palmettos business district and a short drive to downtown Bradenton and a close to I-275 with easy access to St. Petersburg and Tampa.

Last Agent to Sell the Property

Mark Midyett

KELLER WILLIAMS ON THE WATER S Brokerage Phone: 941-803-7522 License #3261717 Listed on: 10/30/2024

KELLER WILLIAMS ON THE WATER S

Last Buyer's Agent

Bruce Goldberg

LPT REALTY, LLC. License #3219182

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $620

Year Built

  • Built in 1925

Lot Details

  • 7,250 Sq Ft Lot
  • North Facing Home
  • Garden
  • Property is zoned PL_RS-3

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 967 Sq Ft Home
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Sun or Florida Room

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • 1 Parking Garage Space

Schools

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

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Atzroth Community
  • Allens Sub Of Lot Atzroths Ad To Palmet Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$620

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 967
  • Lot Size Acres: 0.16
  • New Construction: No
  • Year Built: 1925
  • Building Area Total: 1299
  • Lot Size Sq Ft: 7250
  • Status: Sold
  • Street Post Direction: W
  • Ownership: Fee Simple
  • Escrow City: Sarasota
  • Escrow State: FL
  • Escrow Street Name: Fruitville
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 222.34
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 0
  • MFR_NumAssignedParkingSpaces: 1
  • MFR_InLawSuiteYN: 0
  • Attribution Contact: 941-803-7522
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile, Wood
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Living Area Meters: 89.84

Exterior Features

  • Direction Faces: North
  • Exterior Features: Garden
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12081C0164F

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • 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: Lincoln Middle

Lot Info

  • Zoning: PL_RS-3
  • Parcel Number: 2922400003
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 620
  • Tax Lot: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 30, 2024
Closed on
Dec 18, 2024
Sold by
Lutheran Florida Services Inc and Lantz Pauline J
Bought by
Jones Stephanie Lynn
Seller's Agent
Mark Midyett
KELLER WILLIAMS ON THE WATER S
Buyer's Agent
Bruce Goldberg
LPT REALTY, LLC.
List Price
$250,000
Sold Price
$215,000
Premium/Discount to List
-$35,000
-14%
Views
39
Current Estimated Value
$189,664

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,336
Avg. Annual Appreciation
-13.57%
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 Type Sale Price Title Company
Warranty Deed $215,000 None Listed On Document
Warranty Deed $215,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2024 12/19/24 Sold $215,000 -14.0% $222 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
10/30/2024 10/30/24 For Sale $250,000 -- $259 / 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 $643 $88,685 -- --
2024 $643 $62,845 -- --
2023 $620 $61,015 $0 $0
2022 $599 $59,238 $0 $0
2021 $564 $57,513 $0 $0
2020 $575 $56,719 $0 $0
2019 $562 $55,444 $0 $0
2018 $553 $54,410 $0 $0
2017 $517 $53,291 $0 $0
2016 $512 $52,195 $0 $0
2015 $500 $51,832 $0 $0
2014 $500 $51,421 $0 $0
2013 $497 $50,661 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4626703

Stellar MLS

APN: 29224-0000-3