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2305 5th Street East

2305 5th Street East, Palmetto, FL 34221
Property in Ellenton
Sold Aug 17, 2020
$458,100
$295,000 by Eagle Home Mortgage Llc
Mortgage Due Sep 01, 2050
Sold Sep 21, 2017
$4,579,200
2305 5th Street East in Palmetto, FL was first built in 2020 and is 4 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 2305 5th Street East has 2,319 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,500 square feet.

Learn more about the property and building on this page. There is a unknown. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable or hip style roof made of tile. For those who need parking, there is a attached garage. The garage is 462 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. The condition of the building has been evaluated as unknown. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Aug 13, 2020 for $458,100. That's $149.07 per sqft. Prior to that sales transaction, the property was also sold in Sep 18, 2017 for $4,579,200. 2305 5th Street East was last assessed in 2023. The total value of the property was assessed at $418,021. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,974. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2020
  • Effective Year Built: 2020
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 16
  • Building Quality: C+
  • Construction Type: Masonry
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,500
  • Total Building Area: 3,073
  • Gross Building Area: 3,073
  • Building Area: 2,319
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,319
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANCTUARY COVE
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 174 SANCTUARY COVE; TOGETHER WITH RIGHT TO USE BOAT SLIP 50, CENTRAL MARINA PER LICENSE AGREEMENT REC IN INST#202141037641PI#10157.3870/9

Ownership

  • Current Owner : SCHWARTZ JEFFREY
  • Current Owner 2: BRATZ ADINA LEE
  • Previous Owner : WCI COMMUNITIES LLC
  • Owner Before Previous Owner: SANCTUARY COVE ASLI VI L L L P
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001904

Zoning

  • Zoning: PL_PD-MU

Geography

  • Assessors Map Reference: MAP 4CS18
  • Subdivision Tract Number: 01015700
  • Parcel: 10157-3870-9
  • Lot: 174
  • Meridian: SEC 18 TWN 34S RNG 18E
  • Municipality: PALMETTO
  • Latitude: 27.5152
  • Longitude: -82.5408

    Address

  • Full Address: 2305 5th St E
  • Address - House Number: 2305
  • Street Segment Direction: E
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Palmetto
  • Carrier Code: C025
  • 4-Digit Zip Code: 2495
  • Zip Code: 34221

Valuation

    Tax

  • Total Area: 2,319
  • Tax Year: 2022
  • Tax Amount: $7,974
  • Tax Rate Code Area: 19

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 786,303
  • High Value: 935,624
  • Low Value: 636,982

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: EAGLE HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Aug 17, 2020
  • First Open Lien Mortgage Loan Amount: $295,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050
  • Second Open Lien Mortgage Lender: TRUIST BANK
  • Second Open Lien Mortgage Recording Date: Sep 18, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $65,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $545,653
  • Market Land Value: $81,600
  • Market Improvement Value: $464,053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $418,021

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 17, 2020
  • Current Sale Transaction ID: 11788024646
  • Current Sale Price: $458,100
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 202041085853
  • Previous Sale Recording Date: Sep 21, 2017
  • Previous Sale Contract Date: Sep 18, 2017
  • Previous Sale Amount: $4,579,200
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAGLE HOME MORTGAGE LLC
  • First Mortgage Transaction Date: Aug 17, 2020
  • First Mortgage Loan Amount: $295,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

About Ellenton



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Frequently Asked Questions

What neighborhood is 2305 5th Street East located in?
The 2305 5th Street East is a located in the neighborhood of Ellenton in Ellenton, Palmetto.
What is the average sales price for listings in 2305 5th Street East?
The average sales price for units in 2305 5th Street East is $0 currently.

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