NOT LISTED FOR SALE

510 45th St E Palmetto, FL 34221

Estimated Value: $353,000 - $480,000

4 Beds
6 Baths
2,880 Sq Ft
$151/Sq Ft Est. Value

Last Sold July 19, 2023

Last sale price $490,000 $170 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $2,732/month

1 Day on Market

Highlights

  • 0.4 Acre Lot
  • Den
  • Central Heating and Cooling System
  • No HOA
  • Covered Patio or Porch
  • Ceiling Fan

About This Home

As of July 2023

Welcome to your new investment! This Palmetto home boast 2 bedrooms and 2.5 baths with a den on both sides. This property is already rented on a month to month basis, providing immediate income for the savvy investor! The property is situated on a spacious lot, providing ample parking space for residents and guests.The layout of each unit includes a separate entrance, living area, kitchen, bedrooms, and bathrooms, providing privacy and convenience for your tenants. This location also provides easy access to major transportation routes, including highways, busses and airports, making it convenient for commuting to north and south. Don't miss this opportunity!

Last Agent to Sell the Property

Brooke Mailloux

THE KEYES COMPANY - SARASOTA License #3458618 Listed on: 06/17/2023

THE KEYES COMPANY - SARASOTA

Last Buyer's Agent

Nurys Melo

KW SUNCOAST License #3381503

KW SUNCOAST

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,404

Year Built

  • Built in 2008

Lot Details

  • 0.4 Acre Lot
  • Dirt Road

Home Design

  • Duplex
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,880 Sq Ft Home
  • Ceiling Fan
  • Den
  • Laundry in unit

Outdoor Features

  • Covered Patio or Porch
  • Private Mailbox

Schools

  • Palmetto Elementary-Mn School
  • Buffalo Creek Middle School
  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Thermostat
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 3,136 Sq Ft Building
  • Summerfield Estates Community
  • Summerfield Estates Subdivision

Listing and Financial Details

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,404

Year Built

Built in 2008

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2880
  • Lot Size Acres: 0.4
  • New Construction: No
  • Year Built: 2008
  • Building Area Total: 3136
  • Lot Size Sq Ft: 17302
  • Directions to Property: Head north on US-41N and turn right onto 45th st e, the house is the first one on the left.
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Escrow State: FL
  • List Office Head Office Key Nume: 503456924
  • RATIO Current Price By Calculate: 170.14
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Ceiling Fans(s), Thermostat
  • Appliances Included: Refrigerator
  • Foundation Details: Slab
  • Levels: Two
  • Street Number Modifier: 510
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Den/Library/Office
  • Living Area Meters: 267.56

Exterior Features

  • Exterior Features: Private Mailbox
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Dirt, Gravel
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association 2 YN: 0

Fee Information

  • Total Annual Fees: 0.00
  • Total Monthly Fees: 0.00

Schools

  • Elementary School: Palmetto Elementary-MN
  • High School: Palmetto High
  • Middle Or Junior School: Buffalo Creek Middle

Lot Info

  • Zoning: GC RDD6
  • Parcel Number: 2282610100
  • Additional Parcels: No
  • Flood Zone Code: x
  • Lot Size Square Meters: 1607

Green Features

  • Green Verification Count: 0

Multi Family

  • Number Of Units Total: 2
  • Total Num Buildings: 1
  • Unit Count: 2

Tax Info

  • Tax Annual Amount: 3404.04
  • Tax Book Number: 21-103
  • Tax Lot: A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2023
Closed on
Jul 19, 2023
Sold by
Alvarez Holly
Bought by
Louie Restoration Llc
Seller's Agent
Brooke Mailloux
THE KEYES COMPANY - SARASOTA
Buyer's Agent
Nurys Melo
KW SUNCOAST
List Price
$550,000
Sold Price
$490,000
Premium/Discount to List
-$60,000
-10.91%
Views
14
Current Estimated Value
$433,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,195
Avg. Annual Appreciation
-5.48%

Purchase Details

Listed on
Jun 17, 2023
Closed on
Jun 5, 2023
Sold by
Van Oquinn Of Revocable Living Trust
Bought by
Alvarez Holly
Seller's Agent
Brooke Mailloux
THE KEYES COMPANY - SARASOTA
Buyer's Agent
Nurys Melo
KW SUNCOAST
List Price
$550,000
Sold Price
$490,000
Premium/Discount to List
-$60,000
-10.91%
Views
14

Purchase Details

Closed on
Sep 23, 2011
Sold by
First America Bank
Bought by
Oquinn Van and Van Oquinn Revocable Living Tr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,000
Interest Rate
4.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 2011
Sold by
Wells Mark R
Bought by
First America Bank

Purchase Details

Closed on
Aug 20, 2004
Sold by
Vorbeck Gary Alan
Bought by
Wells Mark R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Louie Restoration Llc $490,000 None Listed On Document
Alvarez Holly $100 None Listed On Document
Oquinn Van $109,000 Cornerstone Title & Settleme
First America Bank $50,200 Attorney
Wells Mark R $80,000 Florida Regional Title Svcs
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Oquinn Van $80,000
Previous Owner Oquinn Van $29,000
Previous Owner Wells Mark R $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2023 07/19/23 Sold $490,000 -10.9% $170 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/17/2023 06/17/23 For Sale $550,000 -- $191 / 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 $5,049 $340,850 $10,200 $330,650
2024 $5,049 $340,850 $10,200 $330,650
2023 $3,872 $294,097 $10,200 $283,897
2022 $3,404 $242,777 $10,000 $232,777
2021 $2,775 $173,107 $10,000 $163,107
2020 $2,749 $166,974 $10,000 $156,974
2019 $2,629 $163,894 $10,000 $153,894
2018 $2,467 $152,940 $10,000 $142,940
2017 $2,033 $120,000 $0 $0
2016 $2,026 $120,000 $0 $0
2015 $1,971 $105,000 $0 $0
2014 $1,971 $111,865 $0 $0
2013 $2,247 $128,895 $12,975 $115,920
Source: Public Records

Agents Affiliated with this Home

  • Brooke Mailloux

    Seller's Agent in 2023

    Brooke Mailloux

    THE KEYES COMPANY - SARASOTA

    (941) 538-8307

    6 in this area

    49 Total Sales

    Brooke Mailloux
    Section Image
  • Nurys Melo

    Buyer's Agent in 2023

    Nurys Melo

    KW SUNCOAST

    (978) 327-8696

    1 in this area

    19 Total Sales

    Nurys Melo
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4574036

Stellar MLS

APN: 22826-1010-0

Florida Manatee County Palmetto 34221

510 45th St E, Palmetto, FL

This home is located at 510 45th St E, Palmetto, FL 34221 since 17 June 2023 and is currently estimated at $433,805, approximately $150 per square foot. This property was built in 2008. 510 45th St E is a home located in Manatee County with nearby schools including Palm View Elementary School, Palmetto High School, and Educational Harbor Christian School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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