NOT LISTED FOR SALE

2527 S Palmetto Ave Sanford, FL 32773

Estimated Value: $174,000 - $218,000

2 Beds
1 Bath
852 Sq Ft
$226/Sq Ft Est. Value

Last Sold January 06, 2022

Last sale price $140,000 $164 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $1,254/month

7 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • Ceiling Fan
  • Seminole High School Rated A
  • Central Heating and Cooling System
  • East Facing Home

About This Home

As of January 2022

CALLING ALL INVESTORS!! Looking to add to your Portfolio for the New Year? I have your next project locked and loaded! This awesome 2/1 Sanford Home has JUST HIT THE MARKET and has been gutted and ready to rock. The home is spacious with lots of natural light. Fenced in for privacy and has ample front and rear yard space. AC is roughly 5-7 years old and roof was done in 07. Located in the desirable School District of Seminole County, close to Downtown Sanford, the Sun Rail, Lake Monroe, The Sanford Zoo and more. Tons of entertainment for everyone including shopping and dining options as well as World Class Breweries and Antique Shops! There is always something going on in Sanford which is why it is one of Orlando's most popular suburbs! Easy access to the 417 and I4 making travel to the Greater Orlando area a breeze. Don't miss your chance to add this to your New Years portfolio and start 2022 off right! Buyer to verify all measurements.

Last Agent to Sell the Property

Katherine Nguyen

THE NAVY HOUSE License #3342018 Listed on: 12/09/2021

Last Buyer's Agent

Jeremy Davis

THE WILKINS WAY LLC License #3468333

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $189

Year Built

  • Built in 1950

Lot Details

  • 9,300 Sq Ft Lot
  • Lot Dimensions are 75x124
  • East Facing Home
  • Wood Fence
  • Property is zoned RC1

Home Design

  • Shingle Roof
  • Wood Siding
  • Pile Dwellings

Interior Spaces

  • 852 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring
  • Crawl Space

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 1 Carport Space
  • Driveway

Schools

  • Pine Crest Elementary School
  • Millennium Middle School
  • Seminole High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Woodruffs Sub Frank L Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$189

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Siding
  • Fireplace: No
  • Living Area: 852
  • Lot Size Acres: 0.21
  • New Construction: No
  • Year Built: 1950
  • Lot Size Sq Ft: 9300
  • Directions to Property: From 417 South take exit 28 for Aloma Ave. then in two miles you will reach 2527 Palmetto Ave.
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5990406?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/O5990406?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.03781
  • Price per Sq Ft: 164.32
  • Close to Original List Price Ratio: 1.03781
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s)
  • Appliances Included: Other
  • Foundation Details: Crawlspace, Stilt/On Piling
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 2527
  • Room Count: 4
  • ResoLivingAreaSource: Owner

Exterior Features

  • Direction Faces: East
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Lead Paint, Other, Seller Property Disclosure

Garage/Parking

  • Carport Spaces: 1
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Driveway
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Available, Electricity Connected, Public, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Cooling: Central Air
  • Heating: Central
  • 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

Schools

  • Elementary School: Pine Crest Elementary
  • High School: Seminole High
  • Middle Or Junior School: Millennium Middle

Lot Info

  • Zoning: RC1
  • Parcel Number: 01-20-30-506-0000-0170
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Dimensions: 75x124
  • Flood Zone Code: x
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 188.61
  • Tax Block: 0
  • Tax Book Number: 3-44
  • Tax Lot: 17

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2021
Closed on
Jan 6, 2022
Sold by
Palma Alta Investments Llc
Bought by
Yu Hong and Yu Penzi
Seller's Agent
Katherine Nguyen
THE NAVY HOUSE
Buyer's Agent
Jeremy Davis
THE WILKINS WAY LLC
List Price
$134,900
Sold Price
$140,000
Premium/Discount to List
$5,100
3.78%
Current Estimated Value
$192,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,268
Avg. Annual Appreciation
8.96%
Original Mortgage
$18,222
Interest Rate
2.99%

Purchase Details

Listed on
Dec 9, 2021
Closed on
Nov 12, 2021
Sold by
Redding John Dixie
Bought by
Palma Alta Investments Llc
Seller's Agent
Katherine Nguyen
THE NAVY HOUSE
Buyer's Agent
Jeremy Davis
THE WILKINS WAY LLC
List Price
$134,900
Sold Price
$140,000
Premium/Discount to List
$5,100
3.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$18,222
Interest Rate
2.99%

Purchase Details

Closed on
May 18, 2015
Sold by
Suntrust Bank
Bought by
Redding John Dixie

Purchase Details

Closed on
May 1, 2015
Bought by
Redding John D

Purchase Details

Closed on
Mar 24, 2006
Sold by
Minguy Stephen and Ferdinandsen Dennis
Bought by
Suntrust Bank

Purchase Details

Closed on
Mar 1, 2006
Bought by
Redding John D

Purchase Details

Closed on
May 10, 2002
Sold by
Gibraltar R/E/Invs Inc C
Bought by
Minguy Stephen M and Ferdinandsen Dennis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,150
Interest Rate
7.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 3, 2002
Sold by
Catherine Llis Coc I
Bought by
Gibraltar Real Estate Invs Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,150
Interest Rate
7.18%
Mortgage Type
New Conventional
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
Yu Hong $140,000 Southern Title & Abstract
Palma Alta Investments Llc -- Southern Ttl & Abstract Inc
Palma Alta Investments Llc -- Southern Title & Abstract
Redding John Dixie -- Attorney
Redding John D $100 --
Suntrust Bank -- Attorney
Redding John D $140,000 --
Minguy Stephen M $46,500 --
Gibraltar Real Estate Invs Inc $29,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palma Alta Investments Llc $18,222
Previous Owner Palma Alta Investments Llc $115,195
Previous Owner Palma Alta Investments Llc $18,222
Previous Owner Redding John D $5,975
Previous Owner Minguy Stephen $60,000
Previous Owner Gibraltar Real Estate Invs Inc $37,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/06/2022 01/06/22 Sold $140,000 +3.8% $164 / Sq Ft
12/15/2021 12/15/21 Pending -- -- --
12/08/2021 12/08/21 For Sale $134,900 -- $158 / 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
2024 $2,574 $143,034 -- --
2023 $2,309 $130,031 $40,000 $90,031
2021 $196 $35,765 $0 $0
2020 $189 $35,271 $0 $0
2019 $176 $34,478 $0 $0
2018 $166 $33,835 $0 $0
2017 $155 $33,139 $0 $0
2016 $149 $32,684 $0 $0
2015 $147 $32,231 $0 $0
2014 $139 $31,975 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: O5990406

Stellar MLS

APN: 01-20-30-506-0000-0170