NOT LISTED FOR SALE

1612 1st Ave E Palmetto, FL 34221

Estimated Value: $288,000 - $338,000

3 Beds
2 Baths
1,528 Sq Ft
$203/Sq Ft Est. Value

Last Sold December 03, 2019

Last sale price $213,000 $139 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $1,832/month

62 Days on Market

Highlights

  • New Construction
  • Corner Lot
  • Oversized Parking
  • Bonus Room
  • No HOA
  • Laundry Room

About This Home

As of December 2019

New Construction!!! This 3 bedroom 2 bath home with a huge bonus room is gorgeous! Situated on a corner lot with an expansive driveway, it surely won't disappoint! The open floor plan is perfect for entertaining and you'll want to show off all of the upgrades the house has to offer; beautiful wood cabinets, granite counters in the kitchen and bathrooms, designer faucets and stainless steel appliances. There is not an HOA or CDD fee in this neighborhood either, which is an extra added bonus.

Last Agent to Sell the Property

Kassondra Cotton

FINE PROPERTIES License #3378785 Listed on: 08/24/2019

FINE PROPERTIES

Last Buyer's Agent

Etta Carter

COLDWELL BANKER REALTY License #3271629

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $146

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 6,472 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Corner Lot
  • Property is zoned RSF-6

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,528 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Bonus Room
  • Laundry Room

Kitchen

  • Convection Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • Oversized Parking
  • Driveway

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Built by Homes by Holmes
  • Palmetto Memorial Park Sub Community
  • Palmetto Memorial Park Sub Subdivision

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Legal Lot and Block 28 / A
  • Assessor Parcel Number 2585700109

Home Details

Home Type

Single Family

Est. Annual Taxes

$146

Year Built

Built in 2019 | New Construction

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1528
  • Lot Size Acres: 0.15
  • New Construction: Yes
  • Year Built: 2019
  • Building Area Total: 1536
  • Lot Size Sq Ft: 6472
  • Directions to Property: From US 41 heading north, turn left on 17th St E and then left on 1st Ave E. The house is immediately on your left, on the corner.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4444332?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4444332?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: Yes
  • Ratio: Close Price\List Price: 0.93013
  • Price per Sq Ft: 139.4
  • Close to Original List Price Ratio: 0.89121
  • Ratio: Current Price\Building Area Total: 138.67
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2018
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo
  • Appliances Included: Convection Oven, Dishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 1612
  • Room Count: 8
  • Additional Rooms: Bonus Room
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: East
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0164E

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway, Oversized
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Public, Sewer Connected, Water Available
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • 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: RSF-6
  • Parcel Number: 2585700109
  • Additional Parcels: No
  • Lot Features: Corner Lot
  • Property Attached Yn: No
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: Homes by Holmes

Rental Info

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

Tax Info

  • Tax Annual Amount: 146
  • Tax Block: A
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2019
Closed on
Dec 3, 2019
Sold by
Homes By Holmes Llc
Bought by
Watson Latrell and Watson Constant
Seller's Agent
Kassondra Cotton
FINE PROPERTIES
Buyer's Agent
Etta Carter
COLDWELL BANKER REALTY
List Price
$239,000
Sold Price
$213,000
Premium/Discount to List
-$26,000
-10.88%
Current Estimated Value
$310,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,177
Avg. Annual Appreciation
6.65%
Original Mortgage
$209,142
Outstanding Balance
$190,613
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$119,564
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 Buyer Sale Price Title Company
Watson Latrell $213,000 Sunbelt Title Agency
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Watson Latrell $209,142
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2019 12/03/19 Sold $213,000 -7.0% $139 / Sq Ft
10/24/2019 10/24/19 Pending -- -- --
10/12/2019 10/12/19 Price Changed $229,000 -4.2% $150 / Sq Ft
08/23/2019 08/23/19 For Sale $239,000 -- $156 / 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 $2,242 $192,954 -- --
2024 $2,242 $187,516 -- --
2023 $2,200 $182,054 $0 $0
2022 $2,121 $176,751 $0 $0
2021 $2,036 $171,603 $0 $0
2020 $2,094 $169,234 $16,250 $152,984
2019 $315 $13,000 $13,000 $0
2018 $146 $13,000 $13,000 $0
2017 $69 $4,224 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4444332

Stellar MLS

APN: 25857-0010-9