NOT LISTED FOR SALE

5307 16th St W Bradenton, FL 34207

Estimated Value: $337,000 - $423,000

4 Beds
2 Baths
1,484 Sq Ft
$246/Sq Ft Est. Value

Last Sold March 29, 2024

Last sale price $369,000 $249 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,379/month

15 Days on Market

Highlights

  • No HOA
  • Tile Flooring
  • High Speed Internet
  • Laundry Room
  • Central Air
  • Fenced

About This Home

As of March 2024

This income-producing Duplex is perfectly located just minutes from IMG Academy, Beaches, SRQ Airport, restaurants, shopping, and more. The property features 2 units, each having 2 bedrooms and 1 bathroom. Roof was replaced in 2016. Each unit has a 1 car carport, just under a 1/4 acre, 1971 build. Property Management in Place. Units rented below market rent and can be raised significantly. *4pt Inspection Available* **Seller Has Package of Duplexes Available** Video Walkthrough Link Available Upon Request.

Last Agent to Sell the Property

Dane Peterson

RELAX REALTY GROUP INC Brokerage Phone: 941-923-7200 License #3346860 Listed on: 02/02/2024

Co-Listed By

Marc Pelletz

RELAX REALTY GROUP INC Brokerage Phone: 941-923-7200 License #0608183

Last Buyer's Agent

Jennifer Kenna

EXP REALTY LLC License #3288205

EXP REALTY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,413

Year Built

  • Built in 1971

Lot Details

  • 10,001 Sq Ft Lot
  • Fenced

Home Design

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

Interior Spaces

  • 1,484 Sq Ft Home
  • Tile Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Carport Spaces
  • 2 Parking Garage Spaces
  • Driveway

Schools

  • Bayshore Elementary School
  • Electa Arcotte Lee Magnet Middle School
  • Bayshore High School

Utilities

  • Central Air
  • Heating Available
  • Thermostat
  • High Speed Internet

Listing and Financial Details

Community Details

Overview

  • No Home Owners Association
  • 2,024 Sq Ft Building
  • Airport Rev Subdivision

Building Details

  • 2 Separate Electric Meters
  • Gross Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,413

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1484
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1971
  • Building Area Total: 2024
  • Lot Size Sq Ft: 10001
  • Directions to Property: Head West on 53rd Ave W from the US41/14th St W Intersection. Make a left on 16th St W. Second property on Left.
  • Status: Sold
  • Street Post Direction: W
  • Co List Office Mls Id: MFR281522395
  • Co List Office Phone: 941-923-7200
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1047811
  • Minimum Lease: 1 Month
  • RATIO Current Price By Calculate: 248.65
  • Total Acreage: 0 to less than 1/4
  • Unit Number YN: 0
  • Water Access YN: 0
  • MFR_NumAssignedParkingSpaces: 2
  • Attribution Contact: 941-923-7200
  • Tax Year: 2023
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Interior Amenities: Thermostat
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Aluminum Frames
  • Street Number Modifier: 5307
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 137.87

Exterior Features

  • Exterior Features: Fence
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint, Other Disclosures, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2014-03-17
  • Flood Zone Panel: 12081C0304E

Garage/Parking

  • Carport Spaces: 2
  • Carport Y N: Yes
  • Garage Yn: No
  • Parking Features: Covered, Driveway

Utilities

  • Utilities: BB/HS Internet Available, Electricity Connected, Public, Sewer Connected, Water Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Individually Metered: Electric

Condo/Co-op/Association

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

Fee Information

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

Schools

  • Elementary School: Bayshore Elementary
  • High School: Bayshore High
  • Middle Or Junior School: Electa Arcotte Lee Magnet

Lot Info

  • Zoning: RSF6
  • Parcel Number: 5900200006
  • Additional Parcels: No
  • Flood Zone Code: X
  • Lot Size Square Meters: 929

Rental Info

  • Furnished: Unfurnished
  • Total Actual Rent: 2500
  • Lease Restrictions YN: 0
  • Additional Lease Restrictions: Check with Manatee county regarding any Short Term Rental interest or questions.

Multi Family

  • Gross Income: 30000
  • Number Of Units Total: 2
  • Number Of Separate Electric Meters: 2
  • Approval Process: Property Managed by Relax Realty Group, Inc.
  • Total Num Buildings: 1
  • Unit Count: 1

Tax Info

  • Tax Annual Amount: 3413
  • Tax Book Number: 66-71
  • Tax Lot: 76

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2024
Closed on
Mar 29, 2024
Sold by
Mpml Holdings Trust and Pelletz Marc
Bought by
Rodriguez Maria Jasso
Seller's Agent
Dane Peterson
RELAX REALTY GROUP INC
Buyer's Agent
Jennifer Kenna
EXP REALTY LLC
List Price
$374,777
Sold Price
$369,000
Premium/Discount to List
-$5,777
-1.54%
Total Days on Market
15
Views
32
Current Estimated Value
$364,721

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,279
Avg. Annual Appreciation
-0.97%
Original Mortgage
$362,316
Outstanding Balance
$358,550
Interest Rate
6.88%
Mortgage Type
FHA
Estimated Equity
$6,171

Purchase Details

Closed on
Oct 12, 1994
Sold by
Loujen Group Inc
Bought by
Kufta Gerald and Kufta Ronald J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,550
Interest Rate
8.84%
Source: Public Records

Range of Values:

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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
Rodriguez Maria Jasso $369,000 New Title Company
Kufta Gerald $58,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rodriguez Maria Jasso $362,316
Previous Owner Kufta Gerald $40,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/29/2024 03/29/24 Sold $369,000 -1.5% $249 / Sq Ft
02/18/2024 02/18/24 Pending -- -- --
02/02/2024 02/02/24 For Sale $374,777 -- $253 / 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 $4,067 $240,160 $45,900 $194,260
2023 $3,413 $248,255 $45,900 $202,355
2022 $2,560 $209,146 $45,000 $164,146
2021 $2,457 $146,169 $40,000 $106,169
2020 $2,368 $134,231 $27,500 $106,731
2019 $2,256 $131,191 $27,500 $103,691
2018 $2,173 $130,543 $30,000 $100,543
2017 $1,842 $108,800 $0 $0
2016 $1,794 $108,800 $0 $0
2015 $1,374 $74,100 $0 $0
2014 $1,374 $64,888 $0 $0
2013 $1,290 $60,434 $17,400 $43,034
Source: Public Records

Agents Affiliated with this Home

  • Dane Peterson

    Seller's Agent in 2024

    Dane Peterson

    RELAX REALTY GROUP INC

    (239) 357-5692

    85 Total Sales

    Dane Peterson
    Section Image
  • Marc Pelletz

    Seller Co-Listing Agent in 2024

    Marc Pelletz

    RELAX REALTY GROUP INC

    (941) 809-3869

    67 Total Sales

    Marc Pelletz
    Section Image
  • Jennifer Kenna

    Buyer's Agent in 2024

    Jennifer Kenna

    EXP REALTY LLC

    (321) 720-9869

    493 Total Sales

    Jennifer Kenna
    Section Image
  • Brendan Rimer

    Buyer Co-Listing Agent in 2024

    Brendan Rimer

    EXP REALTY LLC

    (941) 465-0520

    63 Total Sales

    Brendan Rimer
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4598212

Stellar MLS

APN: 59002-0000-6

Florida Manatee County Bradenton 34207

5307 16th St W, Bradenton, FL

This home is located at 5307 16th St W, Bradenton, FL 34207 since 02 February 2024 and is currently estimated at $364,721, approximately $245 per square foot. This property was built in 1971. 5307 16th St W is a home located in Manatee County with nearby schools including Bayshore Elementary School, Electa Lee Magnet 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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