7019 56th Terrace E Palmetto, FL 34221
East Ellenton NeighborhoodEstimated Value: $347,992 - $392,000
3
Beds
2
Baths
3,013
Sq Ft
$123/Sq Ft
Est. Value
About This Home
This home is located at 7019 56th Terrace E, Palmetto, FL 34221 and is currently estimated at $371,248, approximately $123 per square foot. 7019 56th Terrace E is a home located in Manatee County with nearby schools including Virgil Mills Elementary School, Buffalo Creek Middle School, and Palmetto High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 1, 2015
Sold by
Butler Richard Lee
Bought by
Forbes Robert and Forbes Sally
Current Estimated Value
Purchase Details
Closed on
Jun 16, 2010
Sold by
Taylor Morrison Of Florida Inc
Bought by
Butler Richard Lee
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,552
Interest Rate
4.87%
Mortgage Type
FHA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Forbes Robert | $205,000 | Barnes Walker Title Inc | |
| Butler Richard Lee | $171,800 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Butler Richard Lee | $164,552 |
Source: Public Records
Tax History Compared to Growth
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 | $4,371 | $310,921 | -- | -- |
| 2024 | $4,371 | $334,362 | $35,700 | $298,662 |
| 2023 | $4,371 | $353,461 | $35,700 | $317,761 |
| 2022 | $3,934 | $308,546 | $35,000 | $273,546 |
| 2021 | $3,122 | $212,363 | $30,000 | $182,363 |
| 2020 | $3,169 | $205,507 | $30,000 | $175,507 |
| 2019 | $3,126 | $200,734 | $30,000 | $170,734 |
| 2018 | $2,989 | $189,210 | $25,000 | $164,210 |
| 2017 | $2,621 | $173,524 | $0 | $0 |
| 2016 | $2,596 | $168,193 | $0 | $0 |
| 2015 | $1,581 | $134,526 | $0 | $0 |
| 2014 | $1,581 | $133,458 | $0 | $0 |
| 2013 | $1,571 | $131,486 | $0 | $0 |
Source: Public Records
Map
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