NOT LISTED FOR SALE

5304 16th Ave E Palmetto, FL 34221

West Ellenton Neighborhood

Estimated Value: $277,000 - $304,000

4 Beds
2 Baths
1,100 Sq Ft
$259/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $139,900 $127 Per Sq Ft

Est. 103% increase in value since last sale

Current estimated payment $1,736/month

Highlights

  • Oak Trees
  • Ranch Style House
  • No HOA
  • Property is near public transit
  • Corner Lot
  • Enclosed Patio or Porch

About This Home

As of June 2017

Great Investment Opportunity. Clean Duplex! Basic Floor plan 2 Bedroom & 2 Bath each unit. # 5304 $600.00/month. # 5306 $675..00 / month. Annual Gross Income is $15,300.00. Tenants pay for electric, Water, Cable & lawn care. Owner pays for A/C maintience & pest control. two times a year.

Last Agent to Sell the Property

Bruce Famiglio

PREMIER PROPERTIES OF SRQ LLC License #3323228 Listed on: 04/24/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,349

Year Built

  • Built in 1986

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 90x129
  • Corner Lot
  • Level Lot
  • Oak Trees

Home Design

  • 1,100 Sq Ft Home
  • Duplex
  • Ranch Style House
  • Shingle Roof
  • Block Exterior

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Additional Features

  • Range
  • Enclosed Patio or Porch
  • Property is near public transit

Community Details

  • No Home Owners Association
  • 2 Units
  • Rubonia Park Community
  • Rubonia/Gillette Subdivision

Listing and Financial Details

  • Assessor Parcel Number 702500109

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,349

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Architectural Style: Ranch
  • Construction Materials: Block
  • Living Area: 1100
  • Lot Size Acres: 0.27
  • New Construction: No
  • Year Built: 1986
  • Lot Size Sq Ft: 11631
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 127.18
  • Total Acreage: 1/4 Acre to 21779 Sq. Ft.
  • Water Access YN: 0
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Appliances Included: Range
  • Levels: One
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Enclosed, Patio, Screened
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12081C0166E

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Parking Features: None

Utilities

  • Utilities: Cable Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Central, Electric, Heat Pump

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RDD6
  • Parcel Number: 702500109
  • Additional Parcels: No
  • Lot Features: Corner Lot, Level, Near Public Transit, Paved
  • Lot Dimensions: 90x129
  • Flood Zone Code: X

Multi Family

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

Tax Info

  • Tax Annual Amount: 1349
  • Tax Book Number: 1-127

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 24, 2017
Closed on
Jun 8, 2017
Sold by
Wells Cadle Harold E and Wells Cadle Mary
Bought by
Corona Graciela and Corona Gilberto
Seller's Agent
Bruce Famiglio
PREMIER PROPERTIES OF SRQ LLC
List Price
$139,900
Sold Price
$139,900
Current Estimated Value
$284,360

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,460
Avg. Annual Appreciation
8.64%
Original Mortgage
$104,925
Outstanding Balance
$87,276
Interest Rate
4.02%
Mortgage Type
New Conventional
Estimated Equity
$197,084
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
Corona Graciela $139,900 Gold Key Title Llc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Corona Graciela $104,925
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2017 09/21/17 Off Market $139,900 -- --
06/23/2017 06/23/17 Sold $139,900 0.0% $127 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
04/24/2017 04/24/17 For Sale $139,900 -- $127 / 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 $2,990 $192,585 -- --
2023 $2,990 $213,757 $30,600 $183,157
2022 $2,663 $180,386 $30,000 $150,386
2021 $2,202 $131,538 $25,000 $106,538
2020 $2,220 $126,674 $24,000 $102,674
2019 $2,182 $123,749 $24,000 $99,749
2018 $2,125 $119,282 $24,000 $95,282
2017 $1,583 $108,000 $0 $0
2016 $1,349 $78,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Bruce Famiglio

    Seller's Agent in 2017

    Bruce Famiglio

    PREMIER PROPERTIES OF SRQ LLC

    (941) 773-0510

    6 Total Sales

    Bruce Famiglio
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Map

Source: Stellar MLS

MLS Number: A4184529

Stellar MLS

APN: 7025-0010-9

Florida Manatee County Palmetto 34221 West Ellenton

5304 16th Ave E, Palmetto, FL

Not Listed for Sale

MultiFamily

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

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