NOT LISTED FOR SALE

325 9th Ave W Palmetto, FL 34221

Estimated Value: $205,000 - $336,000

2 Beds
1 Bath
665 Sq Ft
$403/Sq Ft Est. Value

Last Sold August 28, 2020

Last sale price $179,000 $269 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,733/month

127 Days on Market

Highlights

  • The property is located in a historic district
  • No HOA
  • Eat-In Kitchen
  • Bamboo Flooring
  • 1 Car Attached Garage
  • 4-minute walk to Lamb Park

About This Home

As of August 2020

You're gonna love this! HOUSE/OFFICE! Ideally suited for Owner-Occupant. 2 Bedroom possible 3 bedroom 1 bath. ZONED CC COMMERCIAL CORE IN THE COMMERCIAL CORRIDOR WITH A FUTURE LAND USE DESIGNATION OF DCOM (DOWNTOWN COMMERCIAL) AND IN AN OVERLAY DISTRICT WITHIN THE DOWNTOWN WATERFRONT DISTRICT. The property is also located in the CRA (Community Redevelopment Agency) district. NO RESTRICTIONS. Lots of updates. In 2019 new paint inside & outside. New ROOF June 2019. Sub panel in garage /workshop area 220 AMP. Year 2015 new water heater. In 2016 new A/C unit in and out - ARK A/C. Bamboo flooring. Digital antenna. House electrical updated to 200 Amp service. Oversized deep lot. Shared driveway with neighboring lot in Deed. Steps away from Regatta Point Marina and boating ramp, restaurants, minutes to Bradenton.

Last Agent to Sell the Property

Jayne DiGiovanni-Carter

TIM LESTER INTERNAT'L REALTY License #0665391 Listed on: 02/05/2020

Last Buyer's Agent

Jonnie Dwyer

MICHAEL SAUNDERS & COMPANY License #0661540

MICHAEL SAUNDERS & COMPANY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $780

Year Built

  • Built in 1949

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 61x190
  • West Facing Home
  • Landscaped with Trees
  • Property is zoned CC

Parking

  • 1 Car Attached Garage
  • Workshop in Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 665 Sq Ft Home
  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Flooring

  • Bamboo
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Location

  • The property is located in a historic district

Schools

  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

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

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$780

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 665
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1949
  • Building Area Total: 1078
  • Lot Size Sq Ft: 11590
  • Directions to Property: U.S. 41 North to Palmetto. Take first left on 4th Street. Take first right on 9th Avenue West. On Left # 325
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4458662?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4458662?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.79556
  • Price per Sq Ft: 269.17
  • Close to Original List Price Ratio: 0.716
  • Ratio: Current Price\Building Area Total: 166.05
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Bamboo, Ceramic Tile
  • Full Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 325
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Other
  • 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: Lead Paint, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Workshop in Garage
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Available
  • 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

  • High School: Palmetto High

Lot Info

  • Zoning: CC
  • Parcel Number: 3119800005
  • Additional Parcels: No
  • Lot Features: Historic District
  • Lot Dimensions: 61x190
  • Flood Zone Code: X
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: No Restrictions!
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 779.89
  • Tax Book Number: 1-164
  • Tax Lot: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2020
Closed on
Jul 20, 2020
Sold by
Hedman Paul W
Bought by
Stuedemann Eric J
Seller's Agent
Jayne DiGiovanni-Carter
TIM LESTER INTERNAT'L REALTY
Buyer's Agent
Jonnie Dwyer
MICHAEL SAUNDERS & COMPANY
List Price
$250,000
Sold Price
$179,000
Premium/Discount to List
-$71,000
-28.4%
Current Estimated Value
$268,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$89,198
Avg. Annual Appreciation
8.13%
Original Mortgage
$135,000
Outstanding Balance
$119,258
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$148,940

Purchase Details

Closed on
Aug 20, 1996
Sold by
Smith Kitty T and Smith Jessie I
Bought by
Hedman Shirley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
8.4%
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
Stuedemann Eric J $179,000 Msc Title Inc
Hedman Shirley A $40,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stuedemann Eric J $135,000
Previous Owner Hedman Shirley A $32,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2020 08/28/20 Sold $179,000 -20.4% $269 / Sq Ft
06/11/2020 06/11/20 Pending -- -- --
03/24/2020 03/24/20 Price Changed $225,000 -8.2% $338 / Sq Ft
03/02/2020 03/02/20 Price Changed $245,000 -2.0% $368 / Sq Ft
02/05/2020 02/05/20 For Sale $250,000 -- $376 / 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 $3,907 $194,009 -- --
2024 $3,907 $233,242 $79,050 $154,192
2023 $3,680 $221,820 $79,050 $142,770
2022 $3,226 $178,767 $62,500 $116,267
2021 $2,703 $132,511 $55,000 $77,511
2020 $792 $64,874 $0 $0
2019 $780 $63,415 $0 $0
2018 $771 $62,233 $0 $0
2017 $728 $60,953 $0 $0
2016 $725 $59,699 $0 $0
2015 $716 $59,284 $0 $0
2014 $716 $58,813 $0 $0
2013 $713 $57,944 $34,550 $23,394
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4458662

Stellar MLS

APN: 31198-0000-5