7122 87th Ln E Palmetto, FL 34221
East Ellenton NeighborhoodEstimated Value: $338,000 - $397,000
4
Beds
2
Baths
1,593
Sq Ft
$226/Sq Ft
Est. Value
About This Home
This home is located at 7122 87th Ln E, Palmetto, FL 34221 and is currently estimated at $360,734, approximately $226 per square foot. 7122 87th Ln E is a home located in Manatee County with nearby schools including Barbara A. Harvey Elementary School, Buffalo Creek Middle School, and Palmetto High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 9, 2010
Sold by
Bowers Rick and Bowers Laura
Bought by
Sovring Stephen E
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,139
Interest Rate
4.38%
Mortgage Type
FHA
Purchase Details
Closed on
Apr 15, 2005
Sold by
Bueschel Leonard L
Bought by
Bowers Rick and Bowers Laura G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 24, 2003
Sold by
Schimke Christopher D
Bought by
Bueschel Leonard L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,455
Interest Rate
5.95%
Purchase Details
Closed on
Feb 14, 2001
Sold by
9 8 7 Inc
Bought by
Schimke Christopher D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,455
Interest Rate
6.91%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sovring Stephen E | $140,000 | Total Title Solutions Inc | |
| Bowers Rick | $270,000 | -- | |
| Bueschel Leonard L | $168,900 | -- | |
| Schimke Christopher D | $35,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Sovring Stephen E | $138,139 | |
| Previous Owner | Bowers Rick | $216,000 | |
| Previous Owner | Bueschel Leonard L | $160,455 | |
| Previous Owner | Schimke Christopher D | $141,455 | |
| Closed | Bowers Rick | $27,000 |
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 | $4,610 | $295,155 | $40,800 | $254,355 |
| 2023 | $4,610 | $327,814 | $40,800 | $287,014 |
| 2022 | $4,143 | $284,030 | $40,000 | $244,030 |
| 2021 | $1,451 | $129,179 | $0 | $0 |
| 2020 | $1,488 | $127,395 | $0 | $0 |
| 2019 | $1,455 | $124,531 | $0 | $0 |
| 2018 | $1,432 | $122,209 | $0 | $0 |
| 2017 | $1,319 | $119,695 | $0 | $0 |
| 2016 | $1,308 | $117,233 | $0 | $0 |
Source: Public Records
Map
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