NOT LISTED FOR SALE

505 11th St W Palmetto, FL 34221

Estimated Value: $237,297 - $269,000

3 Beds
2 Baths
1,232 Sq Ft
$205/Sq Ft Est. Value

Last Sold March 27, 2014

Last sale price $38,500 $31 Per Sq Ft

Est. 557% increase in value since last sale

Current estimated payment $1,586/month

4 Days on Market

Highlights

  • Corner Lot
  • Family Room Off Kitchen
  • Ceramic Tile Flooring
  • No HOA
  • Inside Utility
  • 5-minute walk to Emerson Point Preserve

About This Home

As of March 2014

BANK OWNED 3BEDROOM/2BATH HOME WITH LARGE CORNER LOT. TOTALLY FENCED IN YARD WITH CONCRETE DRIVE. LARGE OPEN LIVING ROOM/KITCHEN FLOOR PLAN. SOLD AS IS/WHERE IS

Last Agent to Sell the Property

Tammie Pickard

KW COASTAL LIVING III License #0689483 Listed on: 02/19/2014

KW COASTAL LIVING III

Last Buyer's Agent

John Stephens

NORTH MANATEE REALTY I LLC License #3461376

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1996

Lot Details

  • 3,772 Sq Ft Lot
  • Lot Dimensions are 51.0x74.0
  • Corner Lot
  • Property is zoned RM6

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,232 Sq Ft Home
  • Family Room Off Kitchen
  • Inside Utility
  • Ceramic Tile Flooring
  • Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Howze Community
  • Howze Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / A
  • Assessor Parcel Number 2649700159

Home Details

Home Type

Single Family

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1232
  • Lot Size Acres: 0.09
  • New Construction: No
  • Year Built: 1996
  • Building Area Total: 1376
  • Lot Size Sq Ft: 3772
  • Directions to Property: US 41 right on 11th street w.
  • Status: Sold
  • Street Post Direction: W
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 2649300
  • Ratio: Close Price\List Price: 0.78571
  • Price per Sq Ft: 31.25
  • Close to Original List Price Ratio: 0.77778
  • Ratio: Current Price\Building Area Total: 27.98
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2013
  • Special Features: 4116

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Kitchen/Family Room Combo
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Street Number Modifier: 505
  • Room Count: 6
  • Additional Rooms: Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • 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

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None
  • 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: 2649700159
  • Additional Parcels: No
  • Lot Features: Corner Lot, In County
  • Lot Dimensions: 51.0X74.0
  • Millage Rate: 20.88
  • Flood Zone Code: X
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Expected Lease Date: 2014-03-27T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 1477
  • Tax Block: A
  • Tax Book Number: 0001/0202
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2014
Closed on
Apr 21, 2014
Sold by
Trejo Juan and Trejo Sonia R
Bought by
Martinez Pablo Resendiz and Martinez Maria Soleda Martin
Seller's Agent
Tammie Pickard
KW COASTAL LIVING III
Buyer's Agent
John Stephens
NORTH MANATEE REALTY I LLC
List Price
$49,500
Sold Price
$38,500
Premium/Discount to List
-$11,000
-22.22%
Current Estimated Value
$253,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,574
Avg. Annual Appreciation
17.64%
Original Mortgage
$50,000
Outstanding Balance
$43,506
Interest Rate
9%
Mortgage Type
Seller Take Back
Estimated Equity
$209,568

Purchase Details

Listed on
Feb 19, 2014
Closed on
Mar 26, 2014
Sold by
Bank Of The Ozarks
Bought by
Trejo Juan and Trejo Sonia R
Seller's Agent
Tammie Pickard
KW COASTAL LIVING III
Buyer's Agent
John Stephens
NORTH MANATEE REALTY I LLC
List Price
$49,500
Sold Price
$38,500
Premium/Discount to List
-$11,000
-22.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Outstanding Balance
$43,506
Interest Rate
9%
Mortgage Type
Seller Take Back
Estimated Equity
$209,568

Purchase Details

Closed on
Apr 25, 2005
Sold by
Harper Aubrey D
Bought by
Lowe James Garry and Scott Lowe Paula

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,000
Interest Rate
5.99%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 22, 2002
Sold by
Harper John
Bought by
Harper John and Harper Aubrey D

Purchase Details

Closed on
Nov 9, 2001
Sold by
Summer Averill V
Bought by
Harper John
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
Martinez Pablo Resendiz $50,000 Signature Title Company
Trejo Juan $48,500 Attorney
Lowe James Garry $75,000 First American Title Ins Co
Harper John -- --
Harper John $16,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Pablo Resendiz $50,000
Previous Owner Lowe James Garry $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/27/2014 03/27/14 Sold $38,500 -22.2% $31 / Sq Ft
02/23/2014 02/23/14 Pending -- -- --
02/18/2014 02/18/14 For Sale $49,500 -- $40 / 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 $3,050 $192,551 $19,996 $172,555
2024 $3,050 $191,299 $15,300 $175,999
2023 $3,342 $204,869 $15,300 $189,569
2022 $2,625 $178,308 $15,000 $163,308
2021 $2,520 $127,770 $11,250 $116,520
2020 $2,460 $123,478 $11,250 $112,228
2019 $2,175 $103,822 $10,000 $93,822
2018 $2,026 $97,060 $10,000 $87,060
2017 $1,739 $81,268 $0 $0
2016 $1,609 $72,969 $0 $0
2015 $1,592 $79,288 $0 $0
2014 $1,592 $71,940 $0 $0
2013 $1,478 $65,687 $2,000 $63,687
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: M5844114

Stellar MLS

APN: 26497-0015-9