NOT LISTED FOR SALE

7224 54th Terrace E Palmetto, FL 34221

East Ellenton Neighborhood

Estimated Value: $293,000 - $336,000

3 Beds
2 Baths
1,275 Sq Ft
$246/Sq Ft Est. Value

About This Home

This home is located at 7224 54th Terrace E, Palmetto, FL 34221 and is currently estimated at $314,116, approximately $246 per square foot. 7224 54th 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
Nov 19, 2007
Sold by
Morrison Homes Inc
Bought by
Sherman Bruce
Current Estimated Value
$314,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Outstanding Balance
$53,614
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$260,503
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Sherman Bruce $205,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherman Bruce $85,000
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 $1,229 $117,892 -- --
2023 $1,229 $111,232 $0 $0
2022 $1,180 $107,992 $0 $0
2021 $1,116 $104,847 $0 $0
2020 $1,140 $103,399 $0 $0
2019 $1,111 $101,074 $0 $0
2018 $1,090 $99,189 $0 $0
2017 $1,000 $97,149 $0 $0
2016 $988 $95,151 $0 $0
Source: Public Records

Map

Florida Manatee County Palmetto 34221 East Ellenton

7224 54th Terrace E, Palmetto, FL

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