NOT LISTED FOR SALE

8608 71st Ave E Palmetto, FL 34221

East Ellenton Neighborhood

Estimated Value: $358,000 - $424,000

3 Beds
2 Baths
1,808 Sq Ft
$218/Sq Ft Est. Value

Last Sold March 15, 2019

Last sale price $237,000 $131 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $2,285/month

28 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Ranch Style House
  • Mature Landscaping
  • Lake View
  • Stone Countertops
  • Covered Patio or Porch

About This Home

As of March 2019

This Lakefront home shows like a model. Just painted inside and out, new flooring throughout, granite countertops, updated kitchen and bathrooms. The roof and HVAC system are both newer. The master suite has a soaker tub, separate shower and walk-in closets. Relax in the 36 x10 lanai overlooking your tree shaded backyard and lake teaming with wild life. Regency Oaks is a terrific subdivision built by Bruce Williams homes and offers 80ft wide lots. This home is located on a quite non-through street. For shopping convenience, a brand-new Publix is being built just outside the entrance to Regency. Located 20 minutes from, Tampa, St. Petersburg and Bradenton.
The seller wants to do owner financing. The terms are great 5% interest, 30 year amortization with a 15 year balooon.

Last Agent to Sell the Property

Warren Foley

MELONI REALTY, INC. License #610494 Listed on: 01/22/2019

Last Buyer's Agent

Warren Foley

MELONI REALTY, INC. License #610494 Listed on: 01/22/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,603

Year Built

  • Built in 1998

Lot Details

  • 9,975 Sq Ft Lot
  • 80 Feet of Waterfront
  • Lake Front
  • East Facing Home
  • Fenced
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RSF4.5

HOA Fees

  • $42 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,808 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Lake Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Outdoor Features

  • Access To Lake
  • Covered Patio or Porch
  • Rain Gutters

Location

  • Property is near golf course
  • City Lot

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Community Details

  • C&S Community Management Services, Inc. Association, Phone Number (941) 377-3419
  • Regency Oaks Sub Community
  • Regency Oaks Sub Ph I Subdivision
  • The community has rules related to deed restrictions
  • Near Conservation Area

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,603

Year Built

Built in 1998

Lot Details

0

HOA Fees

$42 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1808
  • Lot Size Acres: 0.23
  • New Construction: No
  • Year Built: 1998
  • Building Area Total: 2728
  • Lot Size Sq Ft: 9975
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8031647&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U8031647&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.98791
  • Price per Sq Ft: 131.08
  • Close to Original List Price Ratio: 0.9499
  • Ratio: Current Price\Building Area Total: 86.88
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Room Count: 8
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: East
  • Exterior Features: Fenced, Rain Gutters, Sliding Doors
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Lake
  • Water Access: Lake
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0178E
  • Waterfront Frontage: 80
  • Water Frontage Feet Lake: 80

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Connected, Sewer Connected, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Fee: 502
  • Association Fee Frequency: Annually
  • Association Name: C&S Community Management Services, Inc.
  • Phone: 941-377-3419x114
  • Association: Yes
  • Senior Community: No
  • Association Website: Web site: www.cscmsi.com
  • Association Email: Andrea Rogers, CAM Association Manager
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Monthly HOA Fee: 41.83

Lot Info

  • Zoning: RSF4.5
  • Parcel Number: 649027554
  • Additional Parcels: No
  • Lot Features: Conservation Area, City Lot, Near Golf Course, Sidewalk
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Pet Restrictions: See county rules
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 2603
  • Tax Book Number: 26-12
  • Tax Lot: 51

Multi Family

  • Waterfront Features: Lake

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2019
Closed on
Mar 15, 2019
Sold by
Regis William F and Regis Arline Larae
Bought by
Vandermeade John
Seller's Agent
Warren Foley
MELONI REALTY, INC.
Buyer's Agent
Warren Foley
MELONI REALTY, INC.
List Price
$249,500
Sold Price
$237,000
Premium/Discount to List
-$12,500
-5.01%
Current Estimated Value
$393,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,977
Avg. Annual Appreciation
7.70%
Original Mortgage
$424,000
Outstanding Balance
$273,765
Interest Rate
4.4%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$120,212

Purchase Details

Closed on
Aug 29, 2003
Sold by
Meiser Charles Douglas and Meiser Erika Renee
Bought by
Regis William F and Regis Arline Larae

Purchase Details

Closed on
Oct 31, 1997
Sold by
B W Gen Contractors Inc
Bought by
Meiser Charles Douglas and Meiser Erika Renee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,324
Interest Rate
7.31%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vandermeade John $237,000 Barnes Walker Title Inc
Regis William F $172,000 --
Meiser Charles Douglas $32,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vandermeade John $424,000
Previous Owner Meiser Charles Douglas $119,324
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2019 03/15/19 Sold $237,000 -1.2% $131 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
02/16/2019 02/16/19 Price Changed $239,900 -3.8% $133 / Sq Ft
01/22/2019 01/22/19 For Sale $249,500 -- $138 / 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 $2,431 $210,838 -- --
2023 $2,431 $198,928 $0 $0
2022 $2,357 $193,134 $0 $0
2021 $2,255 $187,509 $0 $0
2020 $2,321 $184,920 $0 $0
2019 $3,147 $209,766 $35,000 $174,766
2018 $2,927 $193,056 $25,000 $168,056
2017 $2,603 $184,965 $0 $0
2016 $2,476 $174,557 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Warren Foley

    Seller's Agent in 2019

    Warren Foley

    MELONI REALTY, INC.

    (941) 723-6700

    19 Total Sales

    Warren Foley
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Map

Source: Stellar MLS

MLS Number: U8031647

Stellar MLS

APN: 6490-2755-4

Florida Manatee County Palmetto 34221 East Ellenton

8608 71st Ave E, Palmetto, FL

Not Listed for Sale

Detached

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

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