NOT LISTED FOR SALE

5417 16th Ave E Palmetto, FL 34221

West Ellenton Neighborhood

Estimated Value: $284,000 - $503,000

2 Beds
2.5 Baths
1,761 Sq Ft
$200/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $250,000 $142 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $2,120/month

35 Days on Market

Highlights

  • 0.49 Acre Lot
  • No HOA
  • Walk-In Closet
  • Main Floor Primary Bedroom
  • 1 Car Attached Garage
  • Living Room

About This Home

As of October 2023

SELLER HAS SCHEDULED THE ROOF TO BE REPLACED BY OCTOBER 15TH!!!This SOLID BLOCK two bedroom, two and a half bathroom home NEEDS SOME TLC. It sits on just under a HALF ACRE of land in the rapidly developing area of East Palmetto. It's close to US 301, I-275 and I-75... an easy commute to St. Petersburg, Tampa, Sarasota and the pristine beaches of Anna Maria Island. NO DEED RESTRICTIONS, NO HOA and NO CDD FEES and NOT IN A FLOOD ZONE. The oversized one car garage has lots of areas for storage and there's even a shed in the back.

Last Agent to Sell the Property

Tanya McCormick

AN ISLAND PLACE REALTY INC Brokerage Phone: 941-720-2242 License #3322190 Listed on: 08/27/2023

Last Buyer's Agent

Steven Watterson

RE/MAX ALLIANCE GROUP License #3382340

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $753

Year Built

  • Built in 1963

Lot Details

  • 0.49 Acre Lot
  • East Facing Home
  • Property is zoned A1

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,761 Sq Ft Home
  • Ceiling Fan
  • Awning
  • Living Room
  • Dining Room
  • Smart Home
  • Laundry in Garage

Kitchen

  • Dinette
  • Range

Flooring

  • Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Utilities

  • Central Air
  • Heating Available
  • Well
  • Septic Tank

Community Details

  • No Home Owners Association

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$753

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 1761
  • Lot Size Acres: 0.49
  • New Construction: No
  • Year Built: 1963
  • Building Area Total: 2487
  • Lot Size Sq Ft: 21192
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 231.05
  • Escrow State: FL
  • Minimum Lease: No Minimum
  • RATIO Current Price By Calculate: 141.96
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Tax Year: 2022
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Linoleum
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Master Bedroom Main Floor, Smart Home, Walk-In Closet(s)
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: One
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 163.60

Exterior Features

  • Direction Faces: East
  • Exterior Features: Awning(s)
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: Lead Paint
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12081C0158F

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Garage
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

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

Fee Information

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

Lot Info

  • Zoning: A1
  • Parcel Number: 2262900000
  • Additional Parcels: No
  • Flood Zone Code: X

Rental Info

  • Lease Restrictions YN: 0

Tax Info

  • Tax Annual Amount: 753
  • Tax Book Number: 1-127
  • Tax Lot: 0

Multi Family

  • Approval Process: Check with Manatee County to confirm rental regulations.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2024
Sold by
Cabrera Juan Jose Cerrill
Bought by
Pu Eliseo Benjamin Per and De Leon Guadalupe
Current Estimated Value
$355,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Outstanding Balance
$245,818
Interest Rate
6.6%
Mortgage Type
New Conventional
Estimated Equity
$105,954

Purchase Details

Listed on
Aug 27, 2023
Closed on
Oct 12, 2023
Sold by
Nellie M Shields Revocable Living Trust
Bought by
Cabrera Juan Jose Cerrill
Seller's Agent
Tanya McCormick
AN ISLAND PLACE REALTY INC
Buyer's Agent
Steven Watterson
RE/MAX ALLIANCE GROUP
List Price
$349,000
Sold Price
$250,000
Premium/Discount to List
-$99,000
-28.37%
Views
93

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.31%
Source: Public Records
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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
Pu Eliseo Benjamin Per $300,000 Stewart Title Company
Cabrera Juan Jose Cerrill $250,000 Alliance Group Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pu Eliseo Benjamin Per $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/12/2023 10/12/23 Sold $250,000 -16.4% $142 / Sq Ft
10/02/2023 10/02/23 Pending -- -- --
09/29/2023 09/29/23 Price Changed $299,000 -14.3% $170 / Sq Ft
09/28/2023 09/28/23 Price Changed $349,000 0.0% $198 / Sq Ft
09/28/2023 09/28/23 For Sale $349,000 -4.4% $198 / Sq Ft
09/09/2023 09/09/23 Pending -- -- --
09/07/2023 09/07/23 Price Changed $365,000 -6.2% $207 / Sq Ft
08/27/2023 08/27/23 For Sale $389,000 -- $221 / 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 $3,145 $247,470 $55,038 $192,432
2023 $735 $92,699 $0 $0
2022 $753 $89,999 $0 $0
2021 $700 $87,378 $0 $0
2020 $707 $86,172 $0 $0
2019 $681 $84,235 $0 $0
2018 $661 $82,664 $0 $0
2017 $588 $80,964 $0 $0
2016 $561 $78,274 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Tanya McCormick

    Seller's Agent in 2023

    Tanya McCormick

    AN ISLAND PLACE REALTY INC

    (941) 545-3582

    1 in this area

    67 Total Sales

    Tanya McCormick
    Section Image
  • Steven Watterson

    Buyer's Agent in 2023

    Steven Watterson

    RE/MAX

    (941) 526-7184

    1 in this area

    53 Total Sales

    Steven Watterson
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4580709

Stellar MLS

APN: 22629-0000-0

Florida Manatee County Palmetto 34221 West Ellenton

5417 16th Ave E, Palmetto, FL

Not Listed for Sale

Detached

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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