by RH Advisors

See Home Value
$355,000
House - Off Market

1122 7th STREET W

PALMETTO, FL 34221
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1296 Sqft
$2,491
Estimated Monthly
$0
HOA / Fees
6.18%
Cap Rate

About This Property

This is the perfect deal for a fixer upper or an investor!   This home is located on a history of 4 separate lots and all being sold together AS IS!  Thia neighborhood is close to the water, downtown Bradenton and in a beautiful quiet neighborhood in the historic district of Palmetto.  This is a property that is PERFECT to fix up or divide and build some homes!!!   The main home features 3 bedrooms and 2 baths PLUS a large Florida room and a music room/den off the main living room area.  Beautiful wood floors throughout most of the home.  On property you will find beautiful mature trees, shed, a one car garage with workshop and laundry steps from the home, PLUS a HUGE separate garage unit with a LIFT for your car repairs!!  This amazing piece of land is not deed restricted!  This huge corner lot is waiting for YOUR imagination!  Seller is motivated and will entertain offers!
Unit Size
1,296Ft²
Days on Market
27 days
Land Size
0.57 acres
Price per sqft
$347
Property Type
House
Property Taxes
$281
HOA Dues
-
Year Built
1947
Last updated: 5 days ago (Stellar MLS #A4605358)

Price History

Date / Event Date Event Price
Apr 26, 2024 Sold $355,000
Sold
Apr 4, 2024 In contract -
In contract
Mar 30, 2024 Listed by RE/MAX ALLIANCE GROUP $450,000
Listed by RE/MAX ALLIANCE GROUP
Jul 2, 2019 Sold to Misty Dawn Turner, Thomas E... $217,000
Sold to Misty Dawn Turner, Thomas E...
Jun 30, 2019 No longer available -
No longer available
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Wood
  • Exterior Walls Type: Asbestos shingle
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 240
  • Garage Type: Garage
  • Garage Square Area: 276
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 26,201
  • Total Building Area: 1,338
  • Gross Building Area: 1,338
  • Building Area: 1,296
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,296
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MACKS PLAT
  • Land Acres: 0.602
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE W 130 1/4 FT OF LOT 1, LOT 2, LOT 3, & W1/2 OF LOT 4 MACKS PLAT PI#27236.0000/9

Ownership

  • Current Owner : WESTLAKE THOMAS EDWARD
  • Current Owner 2: TURNER MISTY DAWN
  • Previous Owner : FRANJOHN PROPERTIES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001300

Zoning

  • Zoning: PL_RS-3

Geography

  • Parcel: 27236-0005-9
  • Lot: 1
  • Meridian: SEC 14 TWN 34S RNG 17E
  • Municipality: PALMETTO
  • Latitude: 27.518
  • Longitude: -82.5781

    Address

  • Full Address: 1122 7th St W
  • Address - House Number: 1122
  • Street Segment Direction: W
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Palmetto
  • Carrier Code: C022
  • 4-Digit Zip Code: 4507
  • Zip Code: 34221

Valuation

    Tax

  • Total Area: 960
  • Tax Year: 2022
  • Tax Amount: $2,267
  • Tax Rate Code Area: 19

    Appraisal Valuation

  • Standard Deviation: 0.2223
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 69
  • Final Value: 365,155
  • High Value: 446,331
  • Low Value: 283,979

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $213,069
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 02, 2019
  • First Open Lien Mortgage Loan Amount: $213,069
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2049

    Market Valuation

  • Market Total Value: $260,013
  • Market Land Value: $79,900
  • Market Improvement Value: $180,113

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $206,465

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 19, 2019
  • Current Sale Recording Date: Jul 02, 2019
  • Current Sale Transaction ID: 11622246778
  • Current Sale Price: $217,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201941064684

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jul 02, 2019
  • First Mortgage Loan Amount: $213,069
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2049



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,343 ft²
$272/ft²
$365,000 Dec 11, 2023
$365,000 Feb 28, 2024
$392/mo
House
3 Beds
2 Baths
1,552 ft²
$283/ft²
$439,000 Nov 10, 2023
$439,000 Jan 25, 2024
$349/mo
House
3 Beds
2 Baths
1,624 ft²
$262/ft²
$425,000 Sep 9, 2023
$425,000 Oct 31, 2023
$162/mo
House
3 Beds
2 Baths
1,560 ft²
$272/ft²
$424,900 Jun 7, 2023
$424,900 Jul 22, 2023
$394/mo
House
3 Beds
2 Baths
1,600 ft²
$243/ft²
$389,000 Nov 5, 2023
$389,000 Feb 1, 2024
$57/mo
House
3 Beds
2 Baths
1,596 ft²
$229/ft²
$365,000 Jan 22, 2024
$365,000 Mar 11, 2024
$87/mo
House
3 Beds
2 Baths
1,223 ft²
$327/ft²
$399,999 Mar 21, 2024
-
$218/mo
House
3 Beds
2 Baths
1,476 ft²
$298/ft²
$439,900 Nov 20, 2023
-
$387/mo
House
3 Beds
3 Baths
1,693 ft²
$266/ft²
$450,000 Mar 28, 2024
-
$214/mo
House
3 Beds
2 Baths
1,752 ft²
$280/ft²
$490,000 Mar 16, 2024
-
$511/mo
House
2 Beds
2 Baths
1,255 ft²
$299/ft²
$375,000 Feb 22, 2024
-
$233/mo
House
4 Beds
2 Baths
1,815 ft²
$270/ft²
$490,000 Jan 23, 2024
-
$564/mo

About Palmetto


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Frequently Asked Questions

When was property at 1122 7th Street West built and last sold?
The property at 1122 7th Street West was built in 1947 and last sold on Jun 19, 2019 for $217,000.
How much is this home worth?
The estimated value of the home located at 1122 7th Street West is $433,277.
What are some comparable homes to 1122 7th Street West?
Homes that are comparable to 1122 7th Street West include a house property at 705 13 Avenue Circle West, 2249 17th Street West, 502 7th Avenue West.

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