NOT LISTED FOR SALE

500 S Palmetto Ave Sanford, FL 32771

Estimated Value: $425,282 - $529,000

4 Beds
2 Baths
2,065 Sq Ft
$224/Sq Ft Est. Value

Last Sold December 27, 2021

Last sale price $325,000 $157 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,972/month

173 Days on Market

Highlights

  • Water Access
  • The property is located in a historic district
  • Living Room with Fireplace
  • Seminole High School Rated A
  • Property is near public transit
  • 4-minute walk to Centennial Park

About This Home

As of December 2021

SANFORD'S HISTORIC DISTRICT...VINTAGE CIRCA 1913 4 BEDROOM AND 2 BATH HOME IS ON THE HISTORICAL RECORD IN SANFORD.
Screened Porch. Beautiful Wood Floors. Large entry Foyer to welcome your guests. Original Pocket Doors to Living Room Parlor and into Formal Dining Room. Wood burning Fireplace in Living Room Parlor. Original Crown Molding throughout. Master Bedroom has French Doors to Unique Sleeping Porch . Kitchen has been updated and features Breakfast Bar. Interior Laundry Room. Personal Office on first Floor. **
Re-Roof 2007

Last Agent to Sell the Property

Judy Blundell

VISIONARY PROPERTIES INC License #525854 Listed on: 06/13/2021

Co-Listed By

Olga Tesmer

License #3397798

Last Buyer's Agent

Shivon Patel

KORR REALTY CORP License #3198879

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,329

Year Built

  • Built in 1913

Lot Details

  • 3,933 Sq Ft Lot
  • Lot Dimensions are 57x69
  • East Facing Home
  • Wood Fence
  • Mature Landscaping
  • Corner Lot
  • Level Lot
  • Landscaped with Trees
  • Historic Home
  • Property is zoned SR1

Parking

  • Driveway

Home Design

  • Wood Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 2,065 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • High Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • French Doors
  • Sliding Doors
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Inside Utility
  • Laundry Room
  • Crawl Space
  • Attic

Kitchen

  • Built-In Oven
  • Range
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Water Access
  • Covered Patio or Porch

Location

  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • Sanford Town Of Subdivision

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,329

Year Built

Built in 1913

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Historical
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 2065
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 1913
  • Building Area Total: 2489
  • Lot Size Sq Ft: 3933
  • Status: Sold
  • Street Direction: S
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5043245?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/G5043245?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Subdivision Num: 5AG
  • Ratio: Close Price\List Price: 0.79365
  • Price per Sq Ft: 157.38
  • Close to Original List Price Ratio: 0.76471
  • Ratio: Current Price\Building Area Total: 130.57
  • View: No
  • Co List Office Mls Id: 260501024
  • Co List Office Phone: 352-636-2733
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room, Wood Burning
  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, High Ceiling(s), Solid Wood Cabinets
  • Appliances Included: Built-In Oven, Dishwasher, Electric Water Heater, Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Room Count: 8
  • Additional Rooms: Attic, Den/Library/Office, Formal Dining Room Separate, Formal Living Room Separate, Inside Utility

Exterior Features

  • Direction Faces: East
  • Exterior Features: Fenced, French Doors, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Front Porch, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: Driveway
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Fire Hydrant, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Park, Playground, Water Access
  • Association: No
  • Senior Community: No
  • Association Approval Required YN: No

Lot Info

  • Zoning: SR1
  • Parcel Number: 25-19-30-5AG-0702-0010
  • Additional Parcels: No
  • Fencing: Wood
  • Lot Features: Corner Lot, Historic District, City Lot, Level, Near Public Transit, Sidewalk
  • Lot Dimensions: 57x69
  • Flood Zone Code: X
  • Zoning Compatible Y N: Yes

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Buyer check with City of Sanford on restrictions or requirements

Tax Info

  • Tax Annual Amount: 1328.6
  • Tax Block: 7
  • Tax Book Number: 1-59
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2021
Closed on
Dec 27, 2021
Sold by
Kitt and Edna
Bought by
Bokey Investments Llc
Seller's Agent
Judy Blundell
VISIONARY PROPERTIES INC
Buyer's Agent
Shivon Patel
KORR REALTY CORP
List Price
$409,500
Sold Price
$325,000
Premium/Discount to List
-$84,500
-20.63%
Current Estimated Value
$462,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,071
Avg. Annual Appreciation
9.60%

Purchase Details

Closed on
Jun 28, 2012
Sold by
Geb Properties Llc
Bought by
Rem 1118 Magnolia Avenue Llc

Purchase Details

Closed on
Aug 12, 2010
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Kitt Richard

Purchase Details

Closed on
Aug 10, 2010
Sold by
Provident Funding Associates Lp
Bought by
Federal Home Loan Mortgage Corp

Purchase Details

Closed on
May 3, 2010
Sold by
Buckley Bruce and Buckley Bonnie
Bought by
Provident Funding Associates Lp

Purchase Details

Closed on
May 1, 2010
Bought by
Kitt Richard

Purchase Details

Closed on
Feb 26, 2007
Sold by
White Carl and White Joy
Bought by
Buckley Bruce and Buckley Bonnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$233,200
Interest Rate
6.3%
Mortgage Type
Unknown

Purchase Details

Closed on
May 28, 2004
Sold by
Powell Christopher J and Powell Kate C
Bought by
White Carl and White Joy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.98%
Mortgage Type
Unknown

Purchase Details

Closed on
May 1, 2004
Bought by
Kitt Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.98%
Mortgage Type
Unknown

Purchase Details

Closed on
Oct 20, 2000
Sold by
Wells Martha N
Bought by
Powell Christophe J and Powell Kate C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
7.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1992
Bought by
Kitt Richard

Purchase Details

Closed on
Feb 1, 1990
Bought by
Kitt Richard

Purchase Details

Closed on
Dec 1, 1987
Bought by
Kitt Richard

Purchase Details

Closed on
Apr 1, 1986
Bought by
Kitt Richard

Purchase Details

Closed on
Nov 1, 1982
Bought by
Kitt Richard

Purchase Details

Closed on
Jan 1, 1972
Bought by
Kitt Richard
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
Bokey Investments Llc $325,000 None Listed On Document
Rem 1118 Magnolia Avenue Llc $59,000 Attorney
Kitt Richard $80,000 Attorney
Federal Home Loan Mortgage Corp -- Attorney
Provident Funding Associates Lp -- Attorney
Kitt Richard $100 --
Buckley Bruce $291,500 None Available
White Carl -- --
Kitt Richard $220,000 --
Powell Christophe J $108,000 --
Kitt Richard $39,000 --
Kitt Richard $30,000 --
Kitt Richard $64,500 --
Kitt Richard $100 --
Kitt Richard $39,000 --
Kitt Richard $8,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buckley Bruce $233,200
Previous Owner White Carl $120,000
Previous Owner Powell Christophe J $148,000
Previous Owner Powell Christophe J $13,000
Previous Owner Powell Christophe J $104,000
Previous Owner Powell Christophe J $102,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/27/2021 12/27/21 Sold $325,000 -20.6% $157 / Sq Ft
12/03/2021 12/03/21 Pending -- -- --
10/28/2021 10/28/21 For Sale $409,500 0.0% $198 / Sq Ft
10/20/2021 10/20/21 Pending -- -- --
09/23/2021 09/23/21 Price Changed $409,500 -3.6% $198 / Sq Ft
06/13/2021 06/13/21 For Sale $425,000 -- $206 / 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 $6,639 $375,954 $100,192 $275,762
2023 $6,182 $346,773 $0 $0
2021 $1,347 $115,874 $0 $0
2020 $1,329 $114,274 $0 $0
2019 $1,299 $111,705 $0 $0
2018 $1,277 $109,622 $0 $0
2017 $1,257 $107,367 $0 $0
2016 $1,295 $105,895 $0 $0
2015 $1,265 $104,428 $0 $0
2014 $1,265 $103,599 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: G5043245

Stellar MLS

APN: 25-19-30-5AG-0702-0010