NOT LISTED FOR SALE

Estimated Value: $361,000 - $431,000

3 Beds
2 Baths
2,730 Sq Ft
$141/Sq Ft Est. Value

About This Home

This home is located at 7023 56th Terrace E, Palmetto, FL 34221 and is currently estimated at $385,617, approximately $141 per square foot. 7023 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 12, 2022
Sold by
Williams Gregory L and Williams Jane L
Bought by
Mester James and Mester Gina
Current Estimated Value
$385,617

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Outstanding Balance
$338,581
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$47,036

Purchase Details

Closed on
Mar 14, 2017
Sold by
Natoli Vincent M and Natoli Elise M
Bought by
Williams Gregory L and Williams Jane L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
4.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2012
Sold by
Weston James and Weston Nancy
Bought by
Natoli Vincent M and Keller Elise M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,905
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2010
Sold by
Taylor Morrison Of Florida Inc
Bought by
Weston James and Weston Nancy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,011
Interest Rate
5.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Mester James $375,000 Pike Law Firm Pa
Williams Gregory L $240,000 Attorney
Natoli Vincent M $179,900 Barnes Walker Title Inc
Weston James $175,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mester James $356,250
Previous Owner Williams Gregory L $180,000
Previous Owner Natoli Vincent M $170,905
Previous Owner Weston James $162,011
Source: Public Records

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 $4,783 $346,982 $35,700 $311,282
2024 $4,783 $350,367 $35,700 $314,667
2023 $4,783 $370,490 $35,700 $334,790
2022 $4,406 $348,290 $35,000 $313,290
2021 $3,488 $238,859 $30,000 $208,859
2020 $3,538 $231,007 $30,000 $201,007
2019 $3,485 $225,220 $30,000 $195,220
2018 $3,336 $212,550 $25,000 $187,550
2017 $2,919 $194,617 $0 $0
2016 $1,899 $158,091 $0 $0
2015 $1,914 $156,992 $0 $0
2014 $1,914 $155,746 $0 $0
2013 $1,904 $153,444 $18,600 $134,844
Source: Public Records

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