NOT LISTED FOR SALE

1601 S Palmetto Ave Sanford, FL 32771

Estimated Value: $273,000 - $299,000

3 Beds
1.5 Baths
1,219 Sq Ft
$231/Sq Ft Est. Value

Last Sold December 16, 2021

Last sale price $217,000 $178 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,805/month

39 Days on Market

Highlights

  • Oak Trees
  • Property is near public transit
  • Bonus Room
  • Seminole High School Rated A
  • Wood Flooring
  • End Unit

About This Home

As of December 2021

Looking for a diamond in the rough? This is a nice corner lot 3/1.5 in Sanford is just waiting to be yours! Two Bonus Rooms are ideal for your home business, Play Room or Crafting. A big beautiful Sun Room addition makes makes this home larger than Public Record's Indicate. Solid block construction and plaster walls make for great cross-breezes and a quiet interior. Property is priced with needed repairs and updates. Property is located on a peaceful residential street a few blocks outside the Historic District. This home is close to dining, shopping and that unique downtown vibe, but far enough away to be out of the hustle and bustle. Location also close provides easy public access to public transportation, Major Roads and the growing Orlando/Sanford International Airport. This is a unique opportunity to own and restore a nice home on a great corner lot. This property had been used as a rental and had a good rental history. Property being SOLD AS IS WHERE IS.

Last Agent to Sell the Property

Roland R. Jernigan Jr

JERNIGAN PROPERTIES, INC. License #641113 Listed on: 10/10/2021

Last Buyer's Agent

Sarah Libera

INVESTOR'S REAL ESTATE LLC License #3293092

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,901

Year Built

  • Built in 1957

Lot Details

  • 7,839 Sq Ft Lot
  • Lot Dimensions are 67x117
  • West Facing Home
  • Wood Fence
  • Mature Landscaping
  • Corner Lot
  • Oak Trees
  • Property is zoned SR1

Home Design

  • Fixer Upper
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,219 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Great Room
  • Combination Dining and Living Room
  • Bonus Room
  • Inside Utility
  • Laundry in unit
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • On-Street Parking
  • Open Parking

Outdoor Features

  • Outdoor Storage

Location

  • Property is near public transit
  • City Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Thermostat
  • Electric Water Heater
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Sanford Town Of Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,901

Year Built

Built in 1957

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1219
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1957
  • Building Area Total: 1329
  • Lot Size Sq Ft: 7839
  • Directions to Property: 13th Street to Palmetto Ave. South on Palmetto Ave, property is on the East Side of the Street.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5978800?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5978800?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Property Description: Corner Unit
  • Ratio: Close Price\List Price: 1.0093
  • Price per Sq Ft: 178.01
  • Close to Original List Price Ratio: 0.98636
  • Ratio: Current Price\Building Area Total: 163.28
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Hardwood
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Thermostat
  • Appliances Included: Disposal, Electric Water Heater, Microwave, Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 1601
  • Room Count: 7
  • Additional Rooms: Bonus Room, Great Room, Inside Utility

Exterior Features

  • Direction Faces: West
  • Other Structures: Storage
  • Exterior Features: Fenced, Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved, Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: On Street, Open
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available, Sewer Connected, Water Connected
  • Cooling: Central Air, Wall/Window Unit(s)
  • Heating: Central, Electric
  • Laundry Features: Inside
  • 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

Lot Info

  • Zoning: SR1
  • Parcel Number: 25-19-30-5AG-1801-0060
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: Corner Lot, City Lot, Near Public Transit
  • Lot Dimensions: 67x117
  • Flood Zone Code: x
  • Zoning Compatible Y N: Yes

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 7 Months
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 1901.31
  • Tax Block: 18
  • Tax Book Number: 1-60
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 10, 2021
Closed on
Dec 16, 2021
Sold by
Ruffo Julie and Waller Julie Ruffo
Bought by
Goulet Bonnie Ellen and Goulet Brian Edward
Seller's Agent
Roland R. Jernigan Jr
JERNIGAN PROPERTIES, INC.
Buyer's Agent
Sarah Libera
INVESTOR'S REAL ESTATE LLC
List Price
$220,000
Sold Price
$217,000
Premium/Discount to List
-$3,000
-1.36%
Total Days on Market
39
Current Estimated Value
$282,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,181
Avg. Annual Appreciation
7.74%
Original Mortgage
$206,150
Outstanding Balance
$191,539
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$89,557

Purchase Details

Closed on
May 28, 2008
Sold by
Waller Bryan P
Bought by
Waller Julie Ruffo

Purchase Details

Closed on
May 1, 2008
Bought by
Ruffo Julie A

Purchase Details

Closed on
Jun 1, 2007
Bought by
Ruffo Julie A

Purchase Details

Closed on
Apr 29, 2005
Sold by
Hewitt Frank E and Hewitt Janet J
Bought by
Waller Julie R and Waller Bryan P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5.98%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 16, 1998
Sold by
Digiovanni Susan and Digiovanni Salvatore
Bought by
Hewitt Frank E and Hewitt Janet J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
7.16%

Purchase Details

Closed on
May 1, 1990
Bought by
Ruffo Julie A

Purchase Details

Closed on
Jan 1, 1977
Bought by
Ruffo Julie A

Purchase Details

Closed on
Jan 1, 1976
Bought by
Ruffo Julie A
Source: Public Records

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Range of Values:

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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
Goulet Bonnie Ellen $217,000 First Signature Title Inc
Waller Julie Ruffo $49,000 None Available
Ruffo Julie A $100 --
Ruffo Julie A $270,000 --
Waller Julie R $185,000 Watson Title Services Inc
Hewitt Frank E $57,500 --
Ruffo Julie A $45,000 --
Ruffo Julie A $100 --
Ruffo Julie A $100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goulet Bonnie Ellen $206,150
Previous Owner Ruffo Julie $110,500
Previous Owner Waller Julie R $125,000
Previous Owner Hewitt Frank E $69,426
Previous Owner Hewitt Frank E $67,358
Previous Owner Hewitt Frank E $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/16/2021 12/16/21 Sold $217,000 +0.9% $178 / Sq Ft
11/17/2021 11/17/21 Pending -- -- --
11/08/2021 11/08/21 Price Changed $215,000 -2.3% $176 / Sq Ft
11/04/2021 11/04/21 For Sale $220,000 0.0% $180 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/09/2021 10/09/21 For Sale $220,000 0.0% $180 / Sq Ft
10/01/2018 10/01/18 Rented $1,100 0.0% --
09/04/2018 09/04/18 Under Contract -- -- --
08/29/2018 08/29/18 For Rent $1,100 -- --
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 $2,656 $192,926 -- --
2023 $2,573 $187,307 $0 $0
2021 $2,246 $107,402 $0 $0
2020 $1,901 $115,905 $0 $0
2019 $1,731 $102,249 $0 $0
2018 $1,515 $80,693 $0 $0
2017 $1,414 $74,282 $0 $0
2016 $1,363 $69,592 $0 $0
2015 $1,203 $61,626 $0 $0
2014 $1,203 $60,412 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5978800

Stellar MLS

APN: 25-19-30-5AG-1801-0060