NOT LISTED FOR SALE

7203 51st Terrace E Palmetto, FL 34221

East Ellentown Neighborhood

Estimated Value: $337,000 - $344,392

3 Beds
2 Baths
1,431 Sq Ft
$239/Sq Ft Est. Value

Last Sold February 22, 2013

Last sale price $119,000 $83 Per Sq Ft

Est. 187% increase in value since last sale

Current estimated payment $2,232/month

2 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Great Room
  • Cathedral Ceiling
  • Corner Lot
  • Solid Surface Countertops

About This Home

As of February 2013

Short Sale. You won't find a single inch of wasted space in this cute and clean 3 bedroom plus den great room floor plan centrally located between Tampa and Sarasota in Palmetto's Crystal Lakes. Volume ceilings and a perfectly thought out floor plan placed on a large, fenced, corner lot on a cul-de-sac make this one a home run. The eat-in kitchen has wood cabinets and corian counters and the master bath has dual sinks and a walk in closet. At this price we do not expect this one to last long. Listing Price may not be sufficient to pay the total of all liens and costs of sale, and sale of property at full listing price may require approval of seller's lender(s).

Last Agent to Sell the Property

Wendy Crane

COLDWELL BANKER REALTY License #3107365 Listed on: 10/13/2012

COLDWELL BANKER REALTY

Last Buyer's Agent

Mary Kermode

RE/MAX ALLIANCE GROUP License #0487504

RE/MAX ALLIANCE GROUP

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,060

Year Built

  • Built in 2006

Lot Details

  • 6,536 Sq Ft Lot
  • Lot Dimensions are 58.0x115.0
  • Corner Lot
  • Property is zoned PDR

HOA Fees

  • $50 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Traditional Architecture
  • Planned Development
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,431 Sq Ft Home
  • Open Floorplan
  • Cathedral Ceiling
  • Ceiling Fan
  • Blinds
  • Great Room
  • Security System Owned

Kitchen

  • Eat-In Kitchen
  • Oven
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

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

Schools

  • Virgil Mills Elementary School
  • Buffalo Creek Middle School
  • Palmetto High School

Utilities

  • Central Air
  • Heating Available
  • Private Sewer

Additional Features

  • Reclaimed Water Irrigation System
  • City Lot

Listing and Financial Details

Community Details

Overview

  • Crystal Lakes Subdivision
  • The community has rules related to building or community restrictions, deed restrictions

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,060

Year Built

Built in 2006

Lot Details

0

HOA Fees

$50 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1431
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 1926
  • Lot Size Sq Ft: 6536
  • Directions to Property: From I-75 take exit 229, east on Moccasin Wallow, right on Buffalo Rd, left on 72nd, straight onto 50th ave circle e, left onto 51st ter e - on corner of 50th ave circle and 51st ter e
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5832445&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5832445&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Home Warranty Y N: No
  • Subdivision Num: 660100
  • Call Center Phone Number: 800-746-9464
  • Planned Unit Development Y N: Yes
  • Ratio: Close Price\List Price: 1.01709
  • Price per Sq Ft: 83.16
  • Close to Original List Price Ratio: 1.01709
  • Ratio: Current Price\Building Area Total: 61.79
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: 4108

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Oven, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Window Features: Blinds
  • Street Number Modifier: 7203
  • Room Count: 7
  • Additional Rooms: Great Room
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Private
  • Cooling: Central Air
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Irrigation-Reclaimed Water, Park, Playground, Special Community Restrictions
  • Association Amenities: Park, Playground
  • Association Fee: 595
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Security System Owned
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 595
  • Total Monthly Fees: 49.58

Schools

  • Elementary School: Virgil Mills Elementary
  • High School: Palmetto High
  • Middle Or Junior School: Buffalo Creek Middle

Lot Info

  • Zoning: PDR
  • Parcel Number: 660119259
  • Additional Parcels: No
  • Lot Features: Corner Lot, City Lot, Sidewalk
  • Lot Dimensions: 58.0X115.0
  • Millage Rate: 15.56
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Restrictions: No farm animals
  • Expected Lease Date: 2013-02-22T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 1060
  • Tax Book Number: 0047/0001
  • Tax Lot: 181

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2012
Closed on
Feb 19, 2013
Sold by
Guseman Phillip and Guseman Hilary
Bought by
Orr Michael A and Orr Deanna G
Seller's Agent
Wendy Crane
COLDWELL BANKER REALTY
Buyer's Agent
Mary Kermode
RE/MAX ALLIANCE GROUP
List Price
$117,000
Sold Price
$119,000
Premium/Discount to List
$2,000
1.71%
Current Estimated Value
$342,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,098
Avg. Annual Appreciation
8.78%
Original Mortgage
$95,200
Outstanding Balance
$19,446
Interest Rate
3.43%
Mortgage Type
New Conventional
Estimated Equity
$322,652

Purchase Details

Closed on
Apr 24, 2007
Sold by
Morrison Homes Inc
Bought by
Guseman Phillip and Guseman Hilary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,392
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Orr Michael A $119,000 Sunbelt Title Agency
Guseman Phillip $211,800 Alday Donalson Title Agencie
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Orr Michael A $95,200
Previous Owner Guseman Phillip $169,392
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2013 02/22/13 Sold $119,000 +1.7% $83 / Sq Ft
10/16/2012 10/16/12 Pending -- -- --
10/13/2012 10/13/12 For Sale $117,000 -- $82 / 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 $3,980 $283,798 -- --
2024 $3,980 $301,383 $30,600 $270,783
2023 $3,980 $318,094 $30,600 $287,494
2022 $2,986 $273,110 $30,000 $243,110
2021 $2,867 $193,838 $25,000 $168,838
2020 $2,927 $188,782 $25,000 $163,782
2019 $2,893 $184,807 $25,000 $159,807
2018 $2,757 $173,593 $20,000 $153,593
2017 $2,467 $162,619 $0 $0
2016 $2,490 $160,878 $0 $0
2015 $1,909 $132,299 $0 $0
2014 $1,909 $117,713 $0 $0
2013 $988 $93,039 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2013

    Wendy Crane

    COLDWELL BANKER REALTY

    (941) 739-6777

    Wendy Crane
    Section Image
  • Mary Kermode

    Buyer's Agent in 2013

    Mary Kermode

    RE/MAX

    (941) 545-3904

    11 in this area

    34 Total Sales

    Mary Kermode
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: M5832445

Stellar MLS

APN: 6601-1925-9

Florida Manatee County Palmetto 34221 East Ellenton

7203 51st Terrace E, Palmetto, FL

This home is located at 7203 51st Terrace E, Palmetto, FL 34221 since 13 October 2012 and is currently estimated at $342,098, approximately $239 per square foot. This property was built in 2006. 7203 51st 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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