NOT LISTED FOR SALE

517 45th St E Palmetto, FL 34221

Estimated Value: $170,000 - $197,000

2 Beds
2 Baths
812 Sq Ft
$222/Sq Ft Est. Value

Last Sold February 08, 2022

Last sale price $168,500 $208 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,117/month

3 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Central Heating and Cooling System
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Combination Dining and Living Room
  • North Facing Home

About This Home

As of February 2022

Great investment income opportunity or a wonderfully affordable home with no HOA fees or deed restrictions! This great 2/2 property has had recent improvements with a new roof, new fence and freshly painted inside and out in 2021. Well located on a quiet cul-de-sac street with easy access to I-275 to St Pete, Bradenton, Palmetto and the beaches. Screened lanai, storage shed and spacious yard. Interior can use some TLC but tons of potential here!

Last Agent to Sell the Property

Mary Michael Martin

COMPASS FLORIDA LLC License #0634812 Listed on: 01/21/2022

COMPASS FLORIDA LLC

Last Buyer's Agent

Denis Bardhi

PREFERRED SHORE LLC License #3520674

PREFERRED SHORE LLC

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,312

Year Built

  • Built in 1985

Lot Details

  • 5,445 Sq Ft Lot
  • North Facing Home
  • Fenced

Home Design

  • Half Duplex
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 812 Sq Ft Home
  • Ceiling Fan
  • Window Treatments
  • Combination Dining and Living Room
  • Dishwasher

Flooring

  • Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Summerfield Estates Community
  • Summerfield Estates Subdivision

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 2282611009

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,312

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: 1/2 Duplex
  • Construction Materials: Block
  • Living Area: 812.00
  • Lot Size Acres: 0.12
  • Year Built: 1985
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4522653?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4522653?w=Customer
  • Lot Size Sq Ft: 5445
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4522653?w=PubMLS
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046959
  • Status: Sold
  • Street Post Direction: E
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Room Count: 3
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Linoleum
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Window Treatments
  • Appliances Included: Dishwasher, Electric Water Heater, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • Living Area Meters: 75.44

Exterior Features

  • Direction Faces: North
  • Exterior Features: Fenced
  • Roof: Shingle
  • Flood Zone Code: X
  • Flood Zone Date: 08/10/2021
  • Flood Zone Panel: 12081C0166F
  • Road Surface Type: Asphalt

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Summerfield Estates

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: RSMH6
  • Parcel Number: 2282611009
  • Lot Size Square Meters: 506

Rental Info

  • Minimum Lease: No Minimum
  • Exist Lse Tenant: Yes
  • Month To Month Or Weekly: Yes

Tax Info

  • Tax Annual Amount: 1312.00
  • Tax Book Number: 21-103
  • Tax Lot: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2022
Closed on
Feb 8, 2022
Sold by
517 45Th Street E Llc
Bought by
Mitchell David Edward and Jenkins Stacey
Seller's Agent
Mary Michael Martin
COMPASS FLORIDA LLC
Buyer's Agent
Denis Bardhi
PREFERRED SHORE LLC
List Price
$170,000
Sold Price
$168,500
Premium/Discount to List
-$1,500
-0.88%
Current Estimated Value
$180,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$12,000
Avg. Annual Appreciation
1.79%

Purchase Details

Listed on
Oct 12, 2020
Closed on
Jan 11, 2021
Sold by
Annis Jody and Newbanks Jody
Bought by
517 45Th Street E Llc
Seller's Agent
Mary Michael Martin
COMPASS FLORIDA LLC
Buyer's Agent
Mary Michael Martin
COMPASS FLORIDA LLC
List Price
$115,000
Sold Price
$110,000
Premium/Discount to List
-$5,000
-4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.42%
Original Mortgage
$82,500
Interest Rate
2.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 1998
Sold by
Huff Charles B and Huff Juanita
Bought by
Maxwell Dale R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mitchell David Edward $168,500 None Listed On Document
517 45Th Street E Llc $110,000 Attorney
Maxwell Dale R $70,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 517 45Th Street E Llc $82,500
Previous Owner Maxwell Dale R $56,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/08/2022 02/08/22 Sold $168,500 -0.9% $208 / Sq Ft
01/24/2022 01/24/22 Pending -- -- --
01/21/2022 01/21/22 For Sale $170,000 +54.5% $209 / Sq Ft
01/11/2021 01/11/21 Sold $110,000 -4.3% $135 / Sq Ft View Prior Sale
11/17/2020 11/17/20 Pending -- -- --
10/12/2020 10/12/20 For Sale $115,000 -- $142 / 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 $2,052 $130,212 $5,100 $125,112
2024 $2,052 $135,086 $5,100 $129,986
2023 $2,081 $135,086 $5,100 $129,986
2022 $1,779 $113,118 $5,000 $108,118
2021 $1,312 $81,065 $5,000 $76,065
2020 $1,327 $78,327 $5,000 $73,327
2019 $1,333 $78,411 $5,000 $73,411
2018 $1,250 $72,259 $5,000 $67,259
2017 $1,145 $69,102 $0 $0
2016 $1,117 $66,032 $0 $0
2015 $1,010 $67,972 $0 $0
2014 $1,010 $57,565 $0 $0
2013 $1,045 $59,235 $5,200 $54,035
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4522653

Stellar MLS

APN: 22826-1100-9