NOT LISTED FOR SALE

511 61st Avenue Terrace E Bradenton, FL 34203

Oneco Neighborhood

Estimated Value: $324,000 - $412,000

5 Beds
3 Baths
2,115 Sq Ft
$171/Sq Ft Est. Value

Last Sold December 29, 2022

Last sale price $340,000 $161 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,379/month

14 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of December 2022

The addresses of this Duplex include 511 & 513 61st Avenue Terrace East.
Monthly expenses are based on taxes and insurance only. Tenants pay all utilities & garbage collection. Currents rents are all below market rates. DO NOT DISTURB TENANTS!! DRIVE BY ONLY! BEING SOLD AS-IS.

Last Agent to Sell the Property

Laura Barnes

CHAIN OF LAKES REALTY INC License #638434 Listed on: 10/27/2022

Last Buyer's Agent

Laura Barnes

CHAIN OF LAKES REALTY INC License #638434 Listed on: 10/27/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,035

Year Built

  • Built in 1981

Lot Details

  • 7,884

Parking

  • 1 Car Attached Garage

Home Design

  • 2,115 Sq Ft Home
  • Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Additional Features

  • Laundry in unit
  • 7,884 Sq Ft Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Down Payment Assistance Available
  • Visit Down Payment Resource Website
  • Tenant pays for electricity, sewer, trash collection, water
  • Tax Lot 15
  • Assessor Parcel Number 6569400804

Community Details

Overview

  • No Home Owners Association
  • 2,388 Sq Ft Building
  • Secluded Acres Community
  • Secluded Acres Subdivision

Building Details

  • Gross Income $24,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,035

Year Built

Built in 1981

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2115
  • Lot Size Acres: 0.18
  • New Construction: No
  • Year Built: 1981
  • Building Area Total: 2388
  • Lease Term: 12 Months
  • Lot Size Sq Ft: 7884
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water
  • Directions to Property: From 63rd Avenue West, turn north on 5th Street E, then turn right on 61st Avenue Terrace E, duplex is on the left.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4923253?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/P4923253?w=Customer
  • Unit Count: 2
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.95688
  • Price per Sq Ft: 160.76
  • Close to Original List Price Ratio: 0.95688
  • Ratio: Current Price\Building Area Total: 142.38
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Interior Amenities: Other
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: One
  • Street Number Modifier: 511
  • Number Of Buildings: 1
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Other
  • 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
  • Flood Zone Panel: 12081C0316F
  • Disclosures: None

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Zoning: RDD6
  • Parcel Number: 6569400804
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2021-08-10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Total Actual Rent: 2000
  • Pet Restrictions: Buyers to verify pet restrictions with Manatee County.

Multi Family

  • Gross Income: 24000
  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 2035
  • Tax Book Number: 20-129
  • Tax Lot: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 27, 2022
Closed on
Dec 29, 2022
Sold by
Constance Humphreys Living Trust
Bought by
Robinson Charles Edward and Rosier Sharon
Seller's Agent
Laura Barnes
CHAIN OF LAKES REALTY INC
Buyer's Agent
Laura Barnes
CHAIN OF LAKES REALTY INC
List Price
$355,320
Sold Price
$340,000
Premium/Discount to List
-$15,320
-4.31%
Views
28
Current Estimated Value
$361,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,478
Avg. Annual Appreciation
4.09%
Original Mortgage
$328,652
Outstanding Balance
$320,211
Interest Rate
6.61%
Mortgage Type
Credit Line Revolving
Estimated Equity
$57,576

Purchase Details

Closed on
Jan 1, 2017
Bought by
Humphreys Constance

Purchase Details

Closed on
Jun 1, 2016
Bought by
Humphreys Constance

Purchase Details

Closed on
Dec 31, 1997
Sold by
Pflug C W and Pflug Joan
Bought by
Humphreys Constance J and Humphreys Robert H

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
7.2%
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
Robinson Charles Edward $340,000 Wr Title Services
Humphreys Constance $100 --
Humphreys Constance $100 --
Humphreys Constance J $60,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Robinson Charles Edward $328,652
Previous Owner Humphreys Robert H $51,725
Previous Owner Humphreys Robert H $60,200
Previous Owner Humphreys Constance J $48,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2022 12/29/22 Sold $340,000 -4.3% $161 / Sq Ft
11/11/2022 11/11/22 Pending -- -- --
10/27/2022 10/27/22 For Sale $355,320 -- $168 / 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 $4,904 $304,860 $42,925 $261,935
2023 $4,543 $274,257 $42,925 $231,332
2022 $2,410 $204,795 $25,000 $179,795
2021 $2,035 $162,792 $20,000 $142,792
2020 $1,970 $149,702 $20,000 $129,702
2019 $1,885 $143,998 $25,000 $118,998
2018 $1,767 $132,784 $20,000 $112,784
2017 $1,371 $96,000 $0 $0
2016 $1,141 $65,600 $0 $0
2015 $916 $39,200 $0 $0
2014 $916 $39,000 $0 $0
2013 $855 $35,428 $7,100 $28,328
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Laura Barnes

    CHAIN OF LAKES REALTY INC

    (863) 287-4679

    6 in this area

    32 Total Sales

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Map

Source: Stellar MLS

MLS Number: P4923253

Stellar MLS

APN: 65694-0080-4

Florida Manatee County Bradenton 34203 Oneco

511 61st Avenue Terrace E, Bradenton, FL

This home is located at 511 61st Avenue Terrace E, Bradenton, FL 34203 since 27 October 2022 and is currently estimated at $361,577, approximately $170 per square foot. This property was built in 1981. 511 61st Avenue Terrace E is a home located in Manatee County with nearby schools including Blanche H. Daughtrey Elementary School, W. D. Sugg Middle School, and Bayshore High 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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