Seller's Agent in 2020
Krissy Bilbrey
FINE PROPERTIES
(941) 812-6269
59 Total Sales
3504 5th Ave W Palmetto, FL 34221
Memphis NeighborhoodEstimated Value: $491,000 - $728,659
3
Beds
3
Baths
3,048
Sq Ft
$215/Sq Ft
Est. Value
Highlights
- Parking available for a boat
- Heated In Ground Pool
- 3.79 Acre Lot
- Barn
- View of Trees or Woods
- Fruit Trees
About This Home
As of March 2020Paradise awaits you! Expansive lot with almost 4 acres in northern Manatee County. 3 bedroom 3 bath home with over 3000 square feet offers many updates including fresh interior and exterior paint, 100% waterproof Luxor luxury vinyl plank flooring throughout, double sided wood burning fireplace centered in the dining and kitchen areas, custom kitchen cabinets handcrafted with basket weave Burmese teak and granite counters, 16 inches of new insulation blown into the attic and an indoor utility room with a closet that could easily be converted to a butler’s pantry off the kitchen OR a potential 4th bedroom. Custom salt water heated pool with a log cabin pool house for entertaining with plumbing that could easily be enclosed and converted to a guest house or mother in law’s quarters. There are no deed restrictions or mandatory HOA requirements and this property is an ideal set up for a business owner needing plenty of additional work space. Roof was done in 2013 and AC was updated in October 2019. Property has an over sized 2 car garage PLUS an extra large workshop with 2 overhead doors and plenty of space for all of your toys. Fruit trees and Areca palms make the backyard lush and tropical and a perfect space for entertaining.This home shows like an absolute dream and is conveniently located near I75, 275 and lots of shopping and restaurants and is an incredible value. What are you waiting for?!
Last Agent to Sell the Property
FINE PROPERTIES License #3039119 Listed on: 02/03/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,567
Year Built
- Built in 1975
Lot Details
- 3.79 Acre Lot
- West Facing Home
- Fenced
- Mature Landscaping
- Oversized Lot
- Irrigation
- Fruit Trees
- Property is zoned RDD4.5
Parking
- 2 Car Attached Garage
- Side Facing Garage
- Driveway
- Parking available for a boat
Property Views
- Woods
- Garden
Home Design
- Traditional Architecture
- Slab Foundation
- Shingle Roof
- Concrete Siding
- Block Exterior
Interior Spaces
- 3,048 Sq Ft Home
- 1-Story Property
- Crown Molding
- Ceiling Fan
- Wood Burning Fireplace
- Sliding Doors
Kitchen
- Cooktop
- Dishwasher
- Stone Countertops
Flooring
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Full Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Pool
- Heated In Ground Pool
- In Ground Spa
- Saltwater Pool
- Auto Pool Cleaner
Outdoor Features
- Separate Outdoor Workshop
- Shed
Schools
- Palm View Elementary School
- Lincoln Middle School
- Palmetto High School
Farming
- Barn
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Palmetto Point Community
- Palmetto Point Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Tax Lot 1
- Assessor Parcel Number 2383510001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 3, 2020
Closed on
Mar 25, 2020
Sold by
Stowe Melvin F and Stowe Rayma J
Bought by
Thomas Harold D and Thomas Vina M
Seller's Agent
Krissy Bilbrey
FINE PROPERTIES
Buyer's Agent
Krissy Bilbrey
FINE PROPERTIES
List Price
$550,000
Sold Price
$500,000
Premium/Discount to List
-$50,000
-9.09%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,939
Avg. Annual Appreciation
6.84%
Original Mortgage
$470,000
Outstanding Balance
$420,848
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$293,957
Purchase Details
Closed on
May 22, 2002
Sold by
Gemmer David R and Gemmer Marsha
Bought by
Stowe Melvin F and Stowe Rayma J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.98%
Purchase Details
Closed on
Jan 8, 1998
Sold by
Stinton John H and Stinton Eulene
Bought by
Gemmer David R
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Thomas Harold D | $500,000 | Attorney | |
| Stowe Melvin F | $220,000 | -- | |
| Gemmer David R | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Thomas Vina M | $111,000 | |
| Open | Thomas Harold D | $470,000 | |
| Previous Owner | Stowe Melvin F | $100,000 | |
| Previous Owner | Stowe Melvin | $215,000 | |
| Previous Owner | Gemmer David R | $220,000 | |
| Previous Owner | Stowe Melvin F | $220,000 | |
| Previous Owner | Gemmer David R | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2020 03/25/20 | Sold | $500,000 | -9.1% | $164 / Sq Ft |
| 02/24/2020 02/24/20 | Pending | -- | -- | -- |
| 01/31/2020 01/31/20 | For Sale | $550,000 | -- | $180 / Sq Ft |
Source: Stellar MLS
Tax History Compared to Growth
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 | $3,771 | $299,124 | -- | -- |
| 2023 | $3,719 | $290,412 | $0 | $0 |
| 2022 | $3,617 | $281,953 | $0 | $0 |
| 2021 | $3,482 | $273,741 | $0 | $0 |
| 2020 | $2,642 | $205,138 | $0 | $0 |
| 2019 | $2,596 | $200,526 | $0 | $0 |
| 2018 | $2,567 | $196,787 | $0 | $0 |
| 2017 | $2,376 | $192,739 | $0 | $0 |
| 2016 | $2,367 | $188,775 | $0 | $0 |
| 2015 | $2,322 | $182,974 | $0 | $0 |
| 2014 | $2,322 | $181,522 | $0 | $0 |
| 2013 | $2,311 | $178,839 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Stellar MLS
MLS Number: A4458333
APN: 23835-1000-1
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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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