NOT LISTED FOR SALE

702 16th St W Palmetto, FL 34221

Estimated Value: $199,000 - $242,000

2 Beds
1 Bath
1,108 Sq Ft
$201/Sq Ft Est. Value

Last Sold April 15, 2022

Last sale price $153,500 $139 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $1,459/month

47 Days on Market

Highlights

  • Bonus Room
  • Front Porch
  • South Facing Home
  • No HOA
  • Central Heating and Cooling System
  • Wood Fence

About This Home

As of April 2022

This home features 2 bedrooms, 1 bathroom, bonus room, located on a quiet dead end street in Palmetto. Minutes to shopping, I-275 and I-75. Electrical box replaced 09-2021, water heater recently replaced, new AC 03-2013, and new roof 08-2010. Good bones, needs an abundance of love.

Last Agent to Sell the Property

Ann Waters

WATERS REAL ESTATE GROUP License #3510908 Listed on: 02/01/2022

Co-Listed By

Danielle Waters

WATERS REAL ESTATE GROUP License #3383668

Last Buyer's Agent

Kellie Sheridan

FINE PROPERTIES License #3496369

FINE PROPERTIES

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,440

Year Built

  • Built in 1991

Lot Details

  • 6,451 Sq Ft Lot
  • Street terminates at a dead end
  • South Facing Home
  • Wood Fence
  • Property is zoned RM6

Home Design

  • Fixer Upper
  • Wood Frame Construction
  • Shingle Roof

Interior Spaces

  • 1,108 Sq Ft Home
  • Bonus Room
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Front Porch

Schools

  • Palmetto Elementary-Mn School
  • Lincoln Middle School
  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Entrance Park Community
  • Entrance Park Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,440

Year Built

Built in 1991

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Construction Materials: Wood Frame
  • Fireplace: No
  • Living Area: 1108
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 1991
  • Lot Size Sq Ft: 6451
  • Directions to Property: Take Exit 224 off I 75, head west on US highway 301 approximately 7 miles, turn right on US 41 (8th Ave W), 0.4 miles turn right onto 16th St W. House is on the left.
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4927200?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/L4927200?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.87714
  • Price per Sq Ft: 138.54
  • Close to Original List Price Ratio: 0.76788
  • View: No
  • Co List Office Mls Id: 265579746
  • Co List Office Phone: 941-417-9599
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Other
  • Full Bathrooms: 1
  • Interior Amenities: Ninguno
  • Appliances Included: Range, Refrigerator
  • Foundation Details: Crawlspace
  • Total Bedrooms: 2
  • Levels: One
  • Street Number Modifier: 702
  • Room Count: 5
  • Additional Rooms: Bonus Room

Exterior Features

  • Direction Faces: South
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Road Frontage Type: Street Dead-End
  • Waterfront: No
  • Patio and Porch Features: Front Porch
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0164F

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Cable Available, Electricity Connected, Phone Available
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

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

Schools

  • Elementary School: Palmetto Elementary-MN
  • High School: Palmetto High
  • Middle Or Junior School: Lincoln Middle

Lot Info

  • Zoning: RM6
  • Parcel Number: 2625200106
  • Additional Parcels: No
  • Fencing: Wood
  • Flood Zone Code: X
  • Flood Zone Date: 2021-08-10

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No
  • Month To Month Or Weekly Y N: No

Tax Info

  • Tax Annual Amount: 2440.17
  • Tax Book Number: 4-49
  • Tax Lot: 19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2010
Sold by
Waters Danielle
Bought by
Waters Danny and Waters Ann
Current Estimated Value
$222,308

Purchase Details

Closed on
Mar 27, 2008
Sold by
Mohler Michael L and Mohler Dana
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 18, 2008
Sold by
Wells Fargo Bank Na
Bought by
Hud

Purchase Details

Closed on
Mar 14, 2008
Sold by
Divisi Mohler Michael L and Divisi Case #41 2007 Ca 008419
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Aug 15, 2005
Sold by
Art James D and Art Robin L
Bought by
Mohler Michael L and Mohler Dana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,158
Interest Rate
5.61%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 18, 2004
Sold by
Desoto Holding Inc
Bought by
Art James D and Art Robin L

Purchase Details

Closed on
Jun 14, 2004
Sold by
Hud
Bought by
Desoto Holding Inc

Purchase Details

Closed on
Nov 3, 2003
Sold by
Bk Amer N A
Bought by
Housing & Urban Dev

Purchase Details

Closed on
Oct 7, 2003
Sold by
Clerk Circuit Court
Bought by
Bk Amer N A

Purchase Details

Closed on
Sep 24, 2003
Sold by
Clerk Circuit Court
Bought by
Bk Amer

Purchase Details

Closed on
Nov 17, 2000
Sold by
Oneill Margaret K and Dimichele Margaret
Bought by
West Laura M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,447
Interest Rate
7.87%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 18, 1995
Sold by
Burton C Kenneth and Burton Marlene A
Bought by
Dimichele Margaret
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
Waters Danny -- Attorney
Wells Fargo Bank Na $26,000 None Available
Hud -- New House Title Llc
Wells Fargo Bank Na $26,000 None Available
Mohler Michael L $159,400 First American Title Ins Co
Art James D $76,500 Peer Title Inc
Desoto Holding Inc $62,000 Peer Title Inc
Housing & Urban Dev -- --
Bk Amer N A -- --
Bk Amer -- --
West Laura M $76,900 --
Dimichele Margaret -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mohler Michael L $157,158
Previous Owner West Laura M $75,447
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/15/2022 04/15/22 Sold $153,500 -12.3% $139 / Sq Ft
03/20/2022 03/20/22 Pending -- -- --
03/17/2022 03/17/22 Price Changed $175,000 0.0% $158 / Sq Ft
03/17/2022 03/17/22 For Sale $175,000 +14.0% $158 / Sq Ft
02/07/2022 02/07/22 Off Market $153,500 -- --
02/07/2022 02/07/22 Pending -- -- --
02/01/2022 02/01/22 For Sale $199,900 -- $180 / 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 $3,516 $182,323 $34,999 $147,324
2024 $3,516 $174,640 $25,500 $149,140
2023 $3,744 $184,391 $25,500 $158,891
2022 $2,914 $162,068 $25,000 $137,068
2021 $2,440 $120,016 $20,000 $100,016
2020 $2,383 $116,426 $20,000 $96,426
2019 $2,190 $105,274 $15,000 $90,274
2018 $2,028 $96,863 $15,000 $81,863
2017 $1,749 $82,259 $0 $0
2016 $1,613 $73,212 $0 $0
2015 $1,482 $72,314 $0 $0
2014 $1,482 $66,467 $0 $0
2013 $1,372 $60,437 $4,800 $55,637
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: L4927200

Stellar MLS

APN: 26252-0010-6