NOT LISTED FOR SALE

Estimated Value: $390,000 - $513,000

3 Beds
2 Baths
1,558 Sq Ft
$276/Sq Ft Est. Value

Last Sold May 20, 2017

Last sale price $178,000 $114 Per Sq Ft

Est. 142% increase in value since last sale

Current estimated payment $2,459/month

4 Days on Market

Highlights

  • Oak Trees
  • Deck
  • Sun or Florida Room
  • Palma Sola Elementary School Rated A-
  • Attic
  • No HOA

About This Home

As of May 2017

Due to an immediate and overwhelming response on this fantastic opportunity, seller requests that Buyer's Agents submit their client's highest and best offer by 5 pm Mon, 3/13/17, at which time all offers will be reviewed, with a response time of no less than 5 pm Tues, 3/14/17. Thank you. INVESTOR'S DELIGHT!! This 3BR/2BA/2CG CB construction home is in an extremely convenient and centrally located neighborhood, just a few blocks from Manatee Ave in West Bradenton. NOTE: The home is in need of repairs and upgrades, and is intended for someone looking for a property that they can renovate and have a fantastic home to either live in or resell! You must be able to see the potential to appreciate! At over 1500 SF under air with additional living areas, the size of this home and its location make it highly desirable. The floor throughout is terrazzo which could be refinished OR upgrade since it needs little prep! The home has all original fixtures, and appliances, so you won't be "reimbursing" the seller for those expenses. Upgrade as you like according to your tastes and budget! The yard is fenced in the rear, and there are expansive living areas both under air and not. A great opportunity to have a spacious home in a great area that has been steadily appreciating in value according to the current market conditions and a lack of listings available. There are few true investor properties in sought after neighborhoods on the market. Due to the seller working from home, only pre-qual showings will be considered.

Last Agent to Sell the Property

Karma Gilchrist

CHANNELL REAL ESTATE & INVESTMENTS Brokerage Phone: 941-387-8888 License #3360787 Listed on: 03/09/2017

Last Buyer's Agent

Julie Glennon

SATO REAL ESTATE INC. License #3214686

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,286

Year Built

  • Built in 1959

Lot Details

  • 0.31 Acre Lot
  • Lot Dimensions are 100x134
  • North Facing Home
  • Fenced
  • Well Sprinkler System
  • Oak Trees
  • Property is zoned RSF4.5

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener

Home Design

  • Fixer Upper
  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,558 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Formal Dining Room
  • Sun or Florida Room
  • Terrazzo Flooring
  • Fire and Smoke Detector
  • Laundry in unit
  • Attic

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Schools

  • Palma Sola Elementary School
  • W.D. Sugg Middle School
  • Manatee High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Fairway Acres Unit Three Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,286

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1558
  • Lot Size Acres: 0.31
  • New Construction: No
  • Year Built: 1959
  • Building Area Total: 2468
  • Lot Size Sq Ft: 13400
  • Directions to Property: From 51st St W, or 59th St W in (West Bradenton between Cortez Rd and Manatee Ave) travel on 7th Ave Dr W to the property at 5611. * 7th Ave Dr W runs perpendicular to 51st and 59th St W 2 blocks from Manatee Ave W.
  • Status: Sold
  • Street Post Direction: W
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Available for Lease YN: 0
  • List Office Head Office Key Nume: 1055181
  • RATIO Current Price By Calculate: 114.25
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 0
  • Attribution Contact: 941-387-8888
  • Tax Year: 2016
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Terrazzo
  • Full Bathrooms: 2
  • Interior Amenities: Attic, Ceiling Fans(s)
  • Appliances Included: Built-In Oven, Cooktop, Disposal, Electric Water Heater, Range Hood
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 5611
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Attic,Florida Room,Formal Dining Room Separate
  • Living Area Meters: 144.74
  • Room Count: 4

Exterior Features

  • Direction Faces: North
  • Exterior Features: Irrigation System, Lighting, Rain Gutters, Sliding Doors, Sprinkler Metered
  • Roof: Shingle
  • Home Warranty: No
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Patio, Porch, Screened
  • Disclosures: Lead Paint, Seller Property Disclosure
  • Water Extras YN: 0
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Date: 2014-03-17
  • Flood Zone Panel: 12081C0301E

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Garage Faces Side, In Garage

Utilities

  • Utilities: Cable Available, Electricity Connected, Sprinkler Well
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Security: Smoke Detector(s)
  • Senior Community: No
  • Association Fee Requirement: None

Schools

  • Elementary School: Palma Sola Elementary
  • High School: Manatee High
  • Middle Or Junior School: W.D. Sugg Middle

Lot Info

  • Zoning: RSF4.5
  • Parcel Number: 3811800006
  • Additional Parcels: No
  • Fencing: Fenced
  • Lot Features: City Limits, In County, Paved
  • Lot Dimensions: 100x134
  • Flood Zone Code: X
  • Homestead YN: 1

Rental Info

  • Pets Allowed: Yes

Multi Family

  • Number Of Units Total: 1

Tax Info

  • Tax Annual Amount: 1286
  • Tax Book Number: 11-11
  • Tax Lot: 82

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2017
Closed on
May 10, 2017
Sold by
Byers Jeanna L
Bought by
Miller Benjamin P
Seller's Agent
Karma Gilchrist
CHANNELL REAL ESTATE & INVESTMENTS
Buyer's Agent
Julie Glennon
SATO REAL ESTATE INC.
List Price
$185,000
Sold Price
$178,000
Premium/Discount to List
-$7,000
-3.78%
Current Estimated Value
$430,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,361
Avg. Annual Appreciation
11.01%
Original Mortgage
$169,100
Outstanding Balance
$140,628
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$289,733

Purchase Details

Closed on
Aug 28, 2009
Sold by
Linn Robert G
Bought by
Byers Jeanna L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,920
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2007
Sold by
Linn Robert G and Nell A Linn Revocable Trust
Bought by
Linn Robert G
Source: Public Records

Range of Values:

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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
Miller Benjamin P $178,000 Attorney
Byers Jeanna L $149,900 Equilliance Title
Linn Robert G -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Benjamin P $169,100
Previous Owner Byers Jeanna L $119,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2017 08/22/17 Off Market $178,000 -- --
05/20/2017 05/20/17 Sold $178,000 -3.8% $114 / Sq Ft
03/14/2017 03/14/17 Pending -- -- --
03/09/2017 03/09/17 For Sale $185,000 -- $119 / 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 $2,425 $192,058 -- --
2024 $2,425 $186,645 -- --
2023 $2,369 $181,209 $0 $0
2022 $2,299 $175,931 $0 $0
2021 $2,195 $170,807 $0 $0
2020 $2,254 $168,449 $0 $0
2019 $2,215 $164,662 $50,000 $114,662
2018 $2,643 $154,194 $50,000 $104,194
2017 $1,298 $105,877 $0 $0
2016 $1,286 $103,699 $0 $0
2015 $1,293 $102,978 $0 $0
2014 $1,293 $102,161 $0 $0
2013 $1,280 $100,651 $34,600 $66,051
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4180369

Stellar MLS

APN: 38118-0000-6