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2118 2nd Avenue West

2118 2nd Avenue West, Palmetto, FL 34221
Property in West Ellenton
Sold Jul 06, 1994
$12,000
$49,900 by Farmers Home Admin
Mortgage
2118 2nd Avenue West has been categorized by the local assessors in Palmetto, FL as a residential type of property. The building on the property was first built in 1995 and is 29 years old. However, we must point out that the home was most recently renovated and altered in 1997. The home has a total of 4 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2118 2nd Avenue West has 1,006 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,320 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 8,580 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 242 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The building has a gable or hip style roof made of composition shingle. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system and being fueled with electricity. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2118 2nd Avenue West sold most recently in Jul 1, 1994 for a total of $12,000. If you work out the math, that's approximately a cost of $9.62 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $484 in taxes each year. The initial year of tax delinquency occurred in 2022. 2118 2nd Avenue West was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $168,017. If we break it down further, the land itself was valued at $30,600. Improvements to the property, however, were assessed at a total of $137,417. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Good
  • Building Quality: D
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 242
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,580
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,248
  • Gross Building Area: 1,248
  • Building Area: 1,006
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,006
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LEWIS PARK
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1 LEWIS PARK SUB PI#25375.0010/6

Ownership

  • Current Owner : RAINEY JACQUELINE M
  • Previous Owner : LEWIS DAVID P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Estate

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001501

Zoning

  • Zoning: RSF-6

Geography

  • Assessors Map Reference: 16D
  • Subdivision Tract Number: 02537500
  • Parcel: 25375-0010-6
  • Lot: 1
  • Meridian: SEC 12 TWN 34S RNG 17E
  • Municipality: UNINCORPORATED
  • Latitude: 27.533
  • Longitude: -82.5644

    Address

  • Full Address: 2118 2nd Ave W
  • Address - House Number: 2118
  • Street Segment Direction: W
  • Address - Street Name: 2nd
  • Address - Suffix Type: Ave
  • State: FL
  • City Name: Palmetto
  • Carrier Code: C038
  • 4-Digit Zip Code: 3220
  • Zip Code: 34221

Valuation

    Tax

  • Total Area: 1,006
  • Tax Year: 2022
  • Tax Amount: $484
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 242,790
  • High Value: 288,896
  • Low Value: 196,683

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $49,900
  • First Open Lien Mortgage Lender: FARMERS HOME ADMIN
  • First Open Lien Mortgage Recording Date: Jul 06, 1994
  • First Open Lien Mortgage Loan Amount: $49,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $168,017
  • Market Land Value: $30,600
  • Market Improvement Value: $137,417

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $168,017
  • Assessed Land Value: $30,600
  • Assessed Improvements Value: $137,417

    Sales

  • Current Sale Contract Date: Jul 01, 1994
  • Current Sale Recording Date: Jul 06, 1994
  • Current Sale Transaction ID: 11446165016
  • Current Sale Price: $12,000
  • Current Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS HOME ADMIN
  • First Mortgage Transaction Date: Jul 06, 1994
  • First Mortgage Loan Amount: $49,900

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Frequently Asked Questions

What neighborhood is 2118 2nd Avenue West located in?
The 2118 2nd Avenue West is a located in the neighborhood of West Ellenton in West Ellenton, Palmetto.
What is the average sales price for listings in 2118 2nd Avenue West?
The average sales price for units in 2118 2nd Avenue West is $0 currently.

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