NOT LISTED FOR SALE

1620 8th Ave W Palmetto, FL 34221

Estimated Value: $218,000 - $357,930

0.47 Acre
$641,085 Price per Acre
20,473 Sq Ft Lot

Last Sold January 03, 2019

Last sale price $200,000

Est. 45% increase in value since last sale

Current estimated payment $1,863/month

496 Days on Market

Highlights

  • 0.47 Acre Lot
  • Corner Lot
  • No HOA
  • Property is near public transit

About This Lot

As of January 2019

This commercial lot is located on the South East corner of 8th Avenue W (Business Hwy 41)& 17th St W, Palmetto, Fl. The property lies within the City of Palmetto, Zoned General Commercial, located in the City of Palmetto CRA District and Manatee EDC. Incentives available to qualifying business development. See attachments or City of Palmetto website for description & details.

Last Agent to Sell the Property

Beverly Varnadore

NORTH MANATEE REALTY I LLC License #3128399 Listed on: 05/30/2017

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,254

Lot Details

  • 0.47 Acre Lot
  • 150 Ft Wide Lot
  • Property fronts a highway
  • West Facing Home
  • Corner Lot
  • Level Lot
  • Cleared Lot
  • Property is zoned CG

Additional Features

  • Property is near public transit
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Entrance Park Community
  • Entrance Park Subdivision

Listing and Financial Details

  • Tax Lot 1,2,3
  • Assessor Parcel Number 2624600009

Property Details

Property Type

Land

Est. Annual Taxes

$2,254

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Commercial
  • Lot Size Acres: 0.47
  • Lot Size Sq Ft: 20299
  • Status: Sold
  • Ownership: Fee Simple
  • RATIO Current Price By Calculate: 9.85
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2017
  • Special Features: None

Exterior Features

  • Direction Faces: West
  • Home Warranty: No
  • Road Frontage Type: Business District, City Street, Highway, Main Throrughfare, State Road
  • Waterfront: No
  • Disclosures: Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Utilities

  • Utilities: Cable Available, Sewer Available, Street Lights, Water Available

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: CG
  • Parcel Number: 2624600009
  • Additional Parcels: No
  • Current Use: Commercial
  • Lot Features: Cleared, Corner Lot, City Limits, Level, Near Public Transit, Sidewalk, Street Lights, Paved
  • Lot Dimensions: 150X140 MOL
  • Flood Zone Code: X
  • Current Adjacent Use: Commercial,Vacant

Tax Info

  • Tax Annual Amount: 2254
  • Tax Book Number: 0004/0049
  • Tax Lot: 1,2,3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 29, 2021
Sold by
Jodi & Tani Ii Llc
Bought by
G & L Alliance Llc
Current Estimated Value
$290,375

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Outstanding Balance
$543,750
Interest Rate
3.1%
Mortgage Type
Stand Alone First
Estimated Equity
-$242,440

Purchase Details

Listed on
May 30, 2017
Closed on
Jan 3, 2019
Sold by
Mcguire Hugh E
Bought by
Jodi & Tani Ii Llc
Seller's Agent
Beverly Varnadore
NORTH MANATEE REALTY I LLC
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$225,000
Sold Price
$200,000
Premium/Discount to List
-$25,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.19%
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 Buyer Sale Price Title Company
G & L Alliance Llc $720,000 None Listed On Document
Jodi & Tani Ii Llc $200,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open G & L Alliance Llc $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/04/2019 04/04/19 Off Market $200,000 -- --
01/03/2019 01/03/19 Sold $200,000 -11.1% --
10/09/2018 10/09/18 Pending -- -- --
06/20/2018 06/20/18 For Sale $225,000 0.0% --
05/31/2018 05/31/18 Pending -- -- --
10/24/2017 10/24/17 For Sale $225,000 0.0% --
10/03/2017 10/03/17 Pending -- -- --
09/26/2017 09/26/17 For Sale $225,000 0.0% --
06/29/2017 06/29/17 Pending -- -- --
05/30/2017 05/30/17 For Sale $225,000 -- --
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 $4,080 $221,287 -- --
2024 $4,080 $240,134 $240,134 --
2023 $3,916 $240,134 $240,134 $0
2022 $3,248 $166,256 $166,256 $0
2021 $3,200 $166,256 $166,256 $0
2020 $3,428 $170,176 $170,176 $0
2019 $2,965 $170,176 $170,176 $0
2018 $2,799 $164,093 $164,093 $0
2017 $2,255 $121,535 $0 $0
2016 $2,166 $121,535 $0 $0
2015 $1,685 $91,116 $0 $0
2014 $1,685 $82,000 $0 $0
2013 $1,602 $77,060 $77,060 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4187816

Stellar MLS

APN: 26246-0000-9

Florida Manatee County Palmetto 34221

1620 8th Ave W, Palmetto, FL

This home is located at 1620 8th Ave W, Palmetto, FL 34221 since 30 May 2017 and is currently estimated at $301,310. 1620 8th Ave W is a home located in Manatee County with nearby schools including Palmetto Elementary School, Palmetto High School, and Lincoln Memorial Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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