NOT LISTED FOR SALE

5111 Palmetto Point Dr Palmetto, FL 34221

Memphis Neighborhood

Estimated Value: $1,013,000 - $1,160,366

4 Beds
3 Baths
3,438 Sq Ft
$317/Sq Ft Est. Value

About This Home

This home is located at 5111 Palmetto Point Dr, Palmetto, FL 34221 and is currently estimated at $1,088,592, approximately $316 per square foot. 5111 Palmetto Point Dr is a home located in Manatee County with nearby schools including Palm View Elementary School, Palmetto High School, and Lincoln Memorial Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 31, 2018
Sold by
Scherette Michael and Scherette Maggie
Bought by
Oquinn Rodney and Oquinn Tina
Current Estimated Value
$1,088,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 14, 1999
Sold by
Daly Darrell C and Daly Carol H
Bought by
Scherette Michael and Scherette Maggie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
7.04%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

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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
Oquinn Rodney $700,000 Attorney
Scherette Michael $323,100 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Oquinn Rodney Charles $0
Open Oquinn Rodney $510,400
Closed Oquinn Rodney $540,000
Previous Owner Scherette Michael $492,000
Previous Owner Scherette Michael $208,000
Previous Owner Scherette Michael $228,000
Source: Public Records

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 $7,099 $550,750 -- --
2023 $6,769 $515,402 $0 $0
2022 $6,607 $500,390 $0 $0
2021 $6,368 $485,816 $0 $0
2020 $6,581 $479,108 $0 $0
2019 $6,494 $468,336 $0 $0
2018 $7,987 $525,333 $160,000 $365,333
2017 $7,419 $513,096 $0 $0
2016 $5,878 $433,109 $0 $0
2015 $5,964 $430,098 $0 $0
2014 $5,964 $426,685 $0 $0
2013 $5,953 $420,379 $142,750 $277,629
Source: Public Records

Map

Florida Manatee County Palmetto 34221 Memphis

5111 Palmetto Point Dr, Palmetto, FL

This home is located at 5111 Palmetto Point Dr, Palmetto, FL 34221 and is currently estimated at $1,088,592, approximately $316 per square foot. 5111 Palmetto Point Dr is a home located in Manatee County with nearby schools including Palm View Elementary School, Palmetto High School, and Lincoln Memorial Academy.

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.

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