NOT LISTED FOR SALE

714 16th Ave W Palmetto, FL 34221

Estimated Value: $274,000 - $309,000

3 Beds
2 Baths
1,099 Sq Ft
$271/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $235,000 $214 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $2,060/month

38 Days on Market

Highlights

  • Open Floorplan
  • 1 Car Attached Garage
  • Walk-In Closet
  • No HOA
  • Eat-In Kitchen
  • Central Air

About This Home

As of November 2021

Location, location, location in the Palmetto Historic District. You will enjoy close proximity to the Manatee River, Sutton Park, dining, boating, and much more. This 3/2 home is a solid block home that just needs some cosmetic updating. The large backyard has plenty of space for a pool and an outdoor kitchen. Great investment!!!

Last Agent to Sell the Property

Laura McKeithen

BOYD REALTY License #3327214 Listed on: 09/21/2021

Last Buyer's Agent

Kerry Langman

COLDWELL BANKER REALTY License #0626616

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $893

Year Built

  • Built in 2002

Lot Details

  • 7,248 Sq Ft Lot
  • Lot Dimensions are 50x145
  • West Facing Home
  • Fenced
  • Property is zoned RS3

Parking

  • 1 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 1,099 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Schools

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

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Palmetto Heights Community
  • Palmetto Heights Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$893

Year Built

Built in 2002

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 1099
  • Lot Size Acres: 0.17
  • New Construction: No
  • Year Built: 2002
  • Building Area Total: 1099
  • Lot Size Sq Ft: 7248
  • Directions to Property: Take US-41 BUS N to 7th ST W, Follow 7th St W to 16th Ave W make a right house will be on the left.
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511046?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4511046?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.94378
  • Price per Sq Ft: 213.83
  • Close to Original List Price Ratio: 0.94378
  • Ratio: Current Price\Building Area Total: 213.83
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Stories: 1
  • Street Number Modifier: 714
  • Room Count: 5

Exterior Features

  • Direction Faces: West
  • Exterior Features: Fenced
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Covered Parking Spaces: 1
  • Open Parking: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Public, Sewer Connected
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: None
  • 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: RS3
  • Parcel Number: 2903600059
  • Additional Parcels: No
  • Lot Dimensions: 50x145
  • Flood Zone Code: AE

Rental Info

  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 892.9
  • Tax Block: 8
  • Tax Book Number: 2-82
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 4, 2024
Sold by
Coleman William D and Coleman Tina C
Bought by
Coleman Family Trust and Coleman
Current Estimated Value
$297,863

Purchase Details

Listed on
Sep 21, 2021
Closed on
Nov 5, 2021
Sold by
Lewers Michael Randolph
Bought by
Coleman William and Coleman Tina
Seller's Agent
Laura McKeithen
BOYD REALTY
Buyer's Agent
Kerry Langman
COLDWELL BANKER REALTY
List Price
$249,000
Sold Price
$235,000
Premium/Discount to List
-$14,000
-5.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%

Purchase Details

Closed on
Jan 22, 2009
Sold by
The Bank Of New York Mellon
Bought by
Lewers Michael Randolph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,198
Interest Rate
5.23%
Mortgage Type
VA

Purchase Details

Closed on
Oct 23, 2008
Sold by
Chenoweth June A
Bought by
The Bank Of New York

Purchase Details

Closed on
Aug 7, 2002
Sold by
Lewis David P
Bought by
Chenoweth June A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,455
Interest Rate
6.52%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 12, 2002
Sold by
Reynolds Stephen Lawrence and Reynolds Ann Langford
Bought by
Lewis David P
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
Coleman Family Trust $100 None Listed On Document
Coleman William $235,000 Attorney
Lewers Michael Randolph $106,900 Fairview Title
The Bank Of New York -- Attorney
Chenoweth June A $99,900 --
Lewis David P $25,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lewers Michael R $106,073
Previous Owner Lewers Michael Randolph $109,198
Previous Owner Chenoweth June A $38,596
Previous Owner Chenoweth June A $28,040
Previous Owner Chenoweth June A $189,000
Previous Owner Chenoweth June A $22,000
Previous Owner Chenoweth June A $106,346
Previous Owner Chenoweth June A $98,455
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $235,000 -5.6% $214 / Sq Ft
10/01/2021 10/01/21 Pending -- -- --
08/24/2021 08/24/21 For Sale $249,000 -- $227 / 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 $5,404 $253,289 $76,500 $176,789
2024 $5,404 $275,436 $76,500 $198,936
2023 $5,202 $277,737 $76,500 $201,237
2022 $4,615 $229,374 $75,000 $154,374
2021 $882 $77,586 $0 $0
2020 $893 $76,515 $0 $0
2019 $861 $74,795 $0 $0
2018 $853 $73,400 $0 $0
2017 $800 $71,890 $0 $0
2016 $799 $70,411 $0 $0
2015 $794 $69,922 $0 $0
2014 $794 $69,367 $0 $0
2013 $792 $68,342 $13,350 $54,992
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4511046

Stellar MLS

APN: 29036-0005-9