NOT LISTED FOR SALE

1912 3rd Ave E Palmetto, FL 34221

-- Bed
-- Bath
6,461 Sq Ft
0.41 Acres

Last Sold November 14, 2024

Last sale price $551,000 $85 Per Sq Ft

25 Days on Market

Highlights

  • 0.41 Acre Lot
  • Central Air
  • Heating Available
  • No HOA

About This Home

As of November 2024

8 Unit multi-family investment property being sold to convert Trust assets to cash. Property needs work and list price reflects appraised value (as of JUL 2024). New roof in 2020; new HVAC in 2019 (county records). All but 1 unit is rented. Exterior visual inspection authorized, interior inspections will be allowed during due-diligence period. Revenue & Expense Summary in attachments. All information included in the listing is believed to be accurate and true but is not warranted or guaranteed. This information should be independently verified before any person enters into a transaction based upon it. Lender Pre-Approval letter and/or proof of funds must accompany all offers to be considered.

Last Agent to Sell the Property

Jude Creamer

HOMESMART Brokerage Phone: 407-476-0461 License #3440323 Listed on: 08/26/2024

HOMESMART

Last Buyer's Agent

Jude Creamer

HOMESMART Brokerage Phone: 407-476-0461 License #3440323 Listed on: 08/26/2024

HOMESMART

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,924

Year Built

  • Built in 1954

Lot Details

  • 0.41 Acre Lot
  • Lot Dimensions are 127x144

Home Design

  • 6,461 Sq Ft Home
  • Fixer Upper
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Stucco

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Legal Lot and Block 1 / 14
  • Assessor Parcel Number 2555300009

Community Details

Overview

  • No Home Owners Association
  • 8 Units
  • Willis Community
  • R F Willis Of Memphis Subdivision

Building Details

  • Gross Income $78,912

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,924

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Condition: Fixer
  • Property Sub Type: Multi-Family
  • Construction Materials: Stucco, Wood Frame
  • Fireplace: No
  • Living Area: 6461
  • Lot Size Acres: 0.41
  • New Construction: No
  • Year Built: 1954
  • Lot Size Sq Ft: 17894
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • Escrow City: St. Pete
  • Escrow State: FL
  • Escrow Street Name: 4th Street N
  • RATIO Current Price By Calculate: 85.28
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 407-476-0461
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 600.25

Exterior Features

  • Exterior Features: Other
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Concrete
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Lot Info

  • Zoning: RSF6
  • Parcel Number: 2555300009
  • Additional Parcels: No
  • Lot Dimensions: 127x144
  • Property Attached Yn: Yes
  • Flood Zone Code: X

Multi Family

  • Gross Income: 78912
  • Number Of Units Total: 8
  • Total Num Buildings: 1
  • Unit Count: 8

Tax Info

  • Tax Annual Amount: 5923.65
  • Tax Block: 14
  • Tax Book Number: 1-168)
  • Tax Lot: 1
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2024 11/14/24 Sold $551,000 -37.1% $85 / Sq Ft
09/20/2024 09/20/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $875,500 -- $136 / Sq Ft
Source: Stellar MLS

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 $6,114 $442,986 $61,200 $381,786
2024 $6,114 $377,017 $61,200 $315,817
2023 $5,924 $377,017 $61,200 $315,817
2022 $5,415 $334,106 $60,000 $274,106
2021 $2,969 $211,986 $20,000 $191,986
2020 $314 $20,000 $20,000 $0
2019 $282 $17,000 $17,000 $0
2018 $261 $15,400 $15,400 $0
2017 $228 $14,000 $0 $0
2016 $214 $12,750 $0 $0
2015 $218 $12,750 $0 $0
2014 $218 $12,750 $0 $0
2013 $220 $12,750 $12,750 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4621121

Stellar MLS