NOT LISTED FOR SALE

7220 54th Terrace E Palmetto, FL 34221

East Ellenton Neighborhood

Estimated Value: $406,000 - $477,000

4 Beds
2.5 Baths
2,164 Sq Ft
$198/Sq Ft Est. Value

Last Sold May 10, 2013

Last sale price $192,000 $89 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $2,505/month

18 Days on Market

Highlights

  • Private Pool
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Loft
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of May 2013

Truly a "WOW" home, this spacious 4 bedroom, 2 ½ bath 2-story is immaculate and ready to move in. The open floor plan allows a view from the front entry, through the sliders at the end of the living area, onto the lanai and pool and ending with an elevated lake view which is arguably the nicest view in the sub-division. The kitchen is nicely appointed with wood cabinets and corian countertops, has room for a breakfast table and is adjacent to the formal dining room. A convenient ½ bath downstairs is great for guest use or a wash up before dinner.. The great room has plenty of room to place furniture in a variety of layouts with minimal limitations. Do you have a large family or lots of winter guests? "No problem" with the huge master bedroom downstairs and three oversized bedrooms plus a loft upstairs. The loft is overlooking the lake and offers a quiet niche to enjoy or do homework. The wood cabinets are matching throughout the home and cultured marble counter tops are in all 2 ½ baths. The masterbath is complete with a large tiled shower, garden tub, dual sinks and a huge walk-in closet. The large lanai complete with pool is an ideal place for morning coffee, evening libations or great family fun. Mills Elementary and Buffalo Middle Schools arebut 5 minutes away. Only 2 miles to both I-75 and I-275 makes for convenient commuting to Tampa or St. Pete as well as 25 minutes to Sarasota, 40 minutes to Tampa International or 75 minutes to Orlando. NOT a short sale - closing at your convenience.

Last Agent to Sell the Property

Doug Booth

License #3081801 Listed on: 03/08/2013

Last Buyer's Agent

Laura Ruszkiewicz

RE/MAX PALM License #3103528

RE/MAX PALM

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,952

Year Built

  • Built in 2008

Lot Details

  • 5,427 Sq Ft Lot
  • Lot Dimensions are 54.0x115.0
  • Key Lot That May Back To Multiple Homes
  • West Facing Home
  • Irrigation
  • Property is zoned PDR

HOA Fees

  • $53 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 2,164 Sq Ft Home
  • Ceiling Fan
  • Blinds
  • Loft
  • Inside Utility
  • Fire and Smoke Detector

Kitchen

  • Oven
  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Outdoor Features

  • Private Pool
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Community Details

  • Crystal Lakes Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,952

Year Built

Built in 2008

Lot Details

0

HOA Fees

$53 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2164
  • Lot Size Acres: 0.12
  • New Construction: No
  • Year Built: 2008
  • Building Area Total: 2689
  • Lot Size Sq Ft: 5427
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5835948&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5835948&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
  • Ratio: Close Price\List Price: 0.9612
  • Price per Sq Ft: 88.72
  • Close to Original List Price Ratio: 0.9612
  • Ratio: Current Price\Building Area Total: 71.4
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2012
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Solid Surface Counters, Solid Wood Cabinets, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Electric Water Heater, Microwave, Oven, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Window Features: Blinds, Window Treatments
  • Room Count: 7
  • Additional Rooms: Inside Utility, Loft
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System, Lighting, Rain Gutters
  • Roof: Shingle
  • Pool Private: Yes
  • 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, Off Street
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected, Fire Hydrant, Public, Sprinkler Meter, Street Lights
  • Cooling: Central Air
  • Heating: Electric
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 630
  • Association Fee Frequency: Annually
  • Association: Yes
  • Security: Smoke Detector(s)
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 630
  • Total Monthly Fees: 52.5

Lot Info

  • Zoning: PDR
  • Parcel Number: 660117309
  • Additional Parcels: No
  • Lot Features: Key Lot
  • Lot Dimensions: 54.0X115.0
  • Millage Rate: 15.19
  • Future Land Use: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Expected Lease Date: 2013-05-10T04:00:00.000Z

Tax Info

  • Tax Annual Amount: 1952
  • Tax Book Number: 0047/0001
  • Tax Lot: 142

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2013
Closed on
May 10, 2013
Sold by
Mcleese Michelle L and Mcleese Andrew L
Bought by
Fitzpatrick Sheryl A
Seller's Agent
Doug Booth
Buyer's Agent
Laura Ruszkiewicz
RE/MAX PALM
List Price
$199,750
Sold Price
$192,000
Premium/Discount to List
-$7,750
-3.88%
Current Estimated Value
$429,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,335
Avg. Annual Appreciation
6.66%

Purchase Details

Closed on
Apr 3, 2009
Sold by
Taylor Morrison Of Florida Inc
Bought by
Mcleese Michelle L and Mcleese Andrew L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
5.1%
Mortgage Type
Purchase Money Mortgage
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
Fitzpatrick Sheryl A $192,000 Attorney
Mcleese Michelle L $190,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mcleese Michelle L $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/10/2013 05/10/13 Sold $192,000 -3.9% $89 / Sq Ft
03/27/2013 03/27/13 Pending -- -- --
03/08/2013 03/08/13 For Sale $199,750 -- $92 / 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 $2,417 $220,333 -- --
2024 $2,417 $214,123 -- --
2023 $2,417 $207,886 $0 $0
2022 $2,464 $201,831 $0 $0
2021 $2,358 $195,952 $0 $0
2020 $2,427 $193,247 $0 $0
2019 $2,384 $188,902 $0 $0
2018 $2,357 $185,380 $0 $0
2017 $2,179 $181,567 $0 $0
2016 $2,170 $177,833 $0 $0
2015 $2,190 $176,597 $0 $0
2014 $2,190 $175,195 $0 $0
2013 $1,993 $159,271 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2013

    Doug Booth

    Section Image
  • Laura Ruszkiewicz

    Buyer's Agent in 2013

    Laura Ruszkiewicz

    RE/MAX PALM

    (941) 716-7069

    10 Total Sales

    Laura Ruszkiewicz
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: M5835948

Stellar MLS

APN: 6601-1730-9

Florida Manatee County Palmetto 34221 East Ellenton

7220 54th Terrace E, Palmetto, FL

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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