NOT LISTED FOR SALE

414 7th Ave W Palmetto, FL 34221

Estimated Value: $270,036 - $399,000

3 Beds
2 Baths
1,622 Sq Ft
$204/Sq Ft Est. Value

Last Sold May 02, 2014

Last sale price $100,000 $62 Per Sq Ft

Est. 231% increase in value since last sale

Current estimated payment $1,844/month

181 Days on Market

Highlights

  • Parking available for a boat
  • The property is located in a historic district
  • Cathedral Ceiling
  • Oak Trees
  • Deck
  • Wood Flooring

About This Home

As of May 2014

Approved SHORT SALE - Historic home in downtown Palmetto, in a blossoming redevelopment district. Travel along the historic red brick streets to restaurants, the art center or Sutton Park for festivals, movies on the lawn or a private picnic. This treasure is ready for your personal touches. Price approved by lender.

Last Agent to Sell the Property

Jayne Kocher

BOYD REALTY License #0696392 Listed on: 10/05/2013

Last Buyer's Agent

Jayne Kocher

BOYD REALTY License #0696392 Listed on: 10/05/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $279

Year Built

  • Built in 1910

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 101.0x126.0
  • Mature Landscaping
  • Street paved with bricks
  • Oak Trees
  • Property is zoned RM6

Parking

  • 1 Car Garage
  • Parking available for a boat

Home Design

  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,622 Sq Ft Home
  • Built-In Features
  • Cathedral Ceiling
  • Wood Flooring
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop

Location

  • The property is located in a historic district
  • City Lot

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Willis Add Ctd Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$279

Year Built

Built in 1910

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 1622
  • Lot Size Acres: 0.35
  • New Construction: No
  • Year Built: 1910
  • Building Area Total: 1706
  • Lot Size Sq Ft: 15066
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5840797&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5840797&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Subdivision Num: 2776300
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 61.65
  • Close to Original List Price Ratio: 0.67114
  • Ratio: Current Price\Building Area Total: 58.62
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: 4108

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Built in Features, Cathedral Ceiling(s), Vaulted Ceiling(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Room Count: 5
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Other Structures: Workshop
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Road Surface Type: Street Brick
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Boat
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RM6
  • Parcel Number: 2778700001
  • Additional Parcels: No
  • Lot Features: Historic District, City Lot
  • Lot Dimensions: 101.0X126.0
  • Millage Rate: 19.8
  • Flood Zone Code: X,X5
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Expected Lease Date: 2014-05-02T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 279
  • Tax Block: 4
  • Tax Book Number: 0001/0133
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2013
Closed on
May 2, 2014
Sold by
Loudon Marietta Sophie and Loudon Paul Jeffrey
Bought by
Ott Harold E
Seller's Agent
Jayne Kocher
BOYD REALTY
Buyer's Agent
Jayne Kocher
BOYD REALTY
List Price
$100,000
Sold Price
$100,000
Current Estimated Value
$331,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$231,259
Avg. Annual Appreciation
10.98%

Purchase Details

Closed on
May 7, 1999
Sold by
Thomas Keith P and Thomas Louis P
Bought by
Yarborough Coutland O and Yarborough Marietta L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
7%

Purchase Details

Closed on
Jul 9, 1997
Sold by
Halliday Phillip R and Halliday Wendy M
Bought by
Thomas Keith P and Thomas Louis P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
7.87%
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
Ott Harold E $100,000 Attorney
Yarborough Coutland O $49,000 --
Thomas Keith P $33,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yarborough Coutland O $48,000
Previous Owner Thomas Keith P $23,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2014 05/02/14 Sold $100,000 0.0% $62 / Sq Ft
04/05/2014 04/05/14 Pending -- -- --
03/28/2014 03/28/14 For Sale $100,000 0.0% $62 / Sq Ft
01/19/2014 01/19/14 Pending -- -- --
01/13/2014 01/13/14 Price Changed $100,000 -22.5% $62 / Sq Ft
12/12/2013 12/12/13 Price Changed $129,000 -7.2% $80 / Sq Ft
11/20/2013 11/20/13 Price Changed $139,000 -6.7% $86 / Sq Ft
10/05/2013 10/05/13 For Sale $149,000 -- $92 / 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 $1,280 $99,589 -- --
2024 $1,280 $96,782 -- --
2023 $1,227 $93,963 $0 $0
2022 $1,169 $91,226 $0 $0
2021 $1,089 $88,569 $0 $0
2020 $1,108 $87,346 $0 $0
2019 $2,454 $124,791 $42,500 $82,291
2018 $2,211 $106,358 $24,000 $82,358
2017 $1,894 $88,526 $0 $0
2016 $1,787 $81,991 $0 $0
2015 $852 $80,414 $0 $0
2014 $852 $35,034 $0 $0
2013 $279 $31,562 $10,010 $21,552
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: M5840797

Stellar MLS

APN: 27787-0000-1