$675,000
SOLD JAN 8, 2025

1602 52nd Dr W Palmetto, FL 34221

0.55 Acre
$1,227,273 Price per Acre
23,958 Sq Ft Lot

Recently Sold

4% Below List Price

2 Days on Market

Highlights

  • 75 Feet of Riverfront
  • 0.55 Acre Lot
  • No HOA

About This Lot

As of January 2025

Incredible and unique opportunity for a half acre (.55) directly on the Manatee River. Tucked away on Snead Island just before you get to Emerson point sits a beautiful parcel that has history traced back to original settlers of the area. Part of the original Pillsbury estate, this lot is cleared and has a beautiful view of the Manatee river. Private road and ready to build your dream home. Take Snead Island all the way to the ends just before the entrance of the park and you'll find this gem. 75 ft of frontage directly on the Manatee River. Great opportunity to build new construction on an old Florida setting.

Last Agent to Sell the Property

Joseph Patoray

FINE PROPERTIES Brokerage Phone: 941-782-0000 License #3198381 Listed on: 12/09/2024

FINE PROPERTIES

Last Buyer's Agent

Charles Silverfield

54 REALTY LLC License #3449295

54 REALTY LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,039

Lot Details

  • 0.55 Acre Lot
  • Lot Dimensions are 75x125
  • 75 Feet of Riverfront
  • River Front
  • Property is zoned PDR

Property Views

  • River Views

Schools

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

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 2976201259

Community Details

Overview

  • No Home Owners Association
  • Pillsbury Sub Community
  • Pillsbury Subdivision

Recreation

  • River Access

Property Details

Property Type

Land

Est. Annual Taxes

$4,039

Lot Details

0

Listing Details

  • Property Type: Land
  • Lot Size Acres: 0.55
  • Lot Size Sq Ft: 23897
  • Status: Sold
  • Street Post Direction: W
  • Ownership: Fee Simple
  • Escrow State: FL
  • RATIO Current Price By Calculate: 28.25
  • Total Acreage: 1/2 to less than 1
  • Water Access YN: 1
  • MFR_DockYN: 0
  • Attribution Contact: 941-782-0000
  • Tax Year: 2023
  • Special Features: VirtualTour
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet

Exterior Features

  • Water Body Name: MANATEE RIVER
  • Waterfront: Yes
  • Road Surface Type: Other
  • Water Access: River
  • Water View: River
  • Water View YN: 1
  • Waterfront Feet Total: 75
  • Water Frontage Feet River: 75

Utilities

  • Utilities: Electricity Available, Water Available
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Association 2 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: PDR
  • Parcel Number: 2976201259
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Dimensions: 75x125
  • Flood Zone Code: AE, VE

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Annual Amount: 4038.7
  • Tax Book Number: 39-92
  • Tax Lot: 5

Multi Family

  • Waterfront Features: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2024
Closed on
Jan 6, 2025
Sold by
Foxworthy Jacqueline L and Pelley Jacqueline L
Bought by
Iml Properties Llc
Seller's Agent
Joseph Patoray
FINE PROPERTIES
Buyer's Agent
Charles Silverfield
54 REALTY LLC
List Price
$700,000
Sold Price
$675,000
Premium/Discount to List
-$25,000
-3.57%
Views
4
Current Estimated Value
$674,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$424
Avg. Annual Appreciation
-0.08%

Purchase Details

Closed on
May 2, 2003
Sold by
Pillsbury Clarence L and Pillsbury Anita L
Bought by
Foxworthy William D and Foxworthy Jacqueline L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
5.76%
Mortgage Type
Purchase Money Mortgage
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 Type Sale Price Title Company
Warranty Deed $675,000 Magnolia Title
Warranty Deed $475,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $472,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/08/2025 01/08/25 Sold $675,000 -3.6% --
12/11/2024 12/11/24 Pending -- -- --
12/09/2024 12/09/24 For Sale $700,000 -- --
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 $4,078 $302,928 $298,414 $4,514
2024 $4,078 $303,327 $298,414 $4,913
2023 $4,039 $303,914 $298,414 $5,500
2022 $3,821 $297,813 $292,563 $5,250
2021 $3,668 $297,803 $292,563 $5,240
2020 $3,697 $298,263 $292,563 $5,700
2019 $2,856 $193,700 $188,000 $5,700
2018 $2,903 $194,160 $188,000 $6,160
2017 $2,766 $194,620 $0 $0
2016 $2,701 $185,620 $0 $0
2015 $2,423 $193,320 $0 $0
2014 $2,423 $168,494 $0 $0
2013 $2,139 $140,140 $137,700 $2,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4629194

Stellar MLS

APN: 29762-0125-9