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2503 50th Street Court East

2503 50th Street Court East, Palmetto, FL 34221
Property in West Ellenton
Sold Jun 02, 2022
$350,000
$343,660 by United Wholesale Mortgage Llc
Mortgage Due Jun 01, 2052
Sold Jul 01, 2010
$115,000
$113,471 by Real Estate Mortgage Network I
Mortgage Due Jul 01, 2040
2503 50th Street Court East 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 1990 and is 34 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 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2503 50th Street Court East has 1,685 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a building with no basement that is 200 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 9,888 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 483 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as unknown. 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 C 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. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in May 26, 2022 for $350,000. That's $160.33 per sqft. Prior to that sales transaction, the property was also sold in Jun 28, 2010 for $115,000. 2503 50th Street Court East was last assessed in 2023. The total value of the property was assessed at $298,801. Specifically, the land the property is located on was valued at $45,900. While improvements on the property were assessed at a total of $252,901. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $2,847. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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.

Building Features

Exterior

Block Exterior
Stucco Exterior

Driveway

Driveway

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Building Quality: C
  • 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: 200
  • Garage Type: Attached
  • Garage Square Area: 483
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,888
  • Total Building Area: 2,183
  • Gross Building Area: 2,183
  • Building Area: 1,685
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,685
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: IMPERIAL RIDGE
  • Land Acres: 0.227
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 28 IMPERIAL RIDGE SUB PI#7100.0145/4

Ownership

  • Current Owner : GENOVESE BRANDON J
  • Current Owner 2: GENOVESE WILLIAM P
  • Previous Owner : GEROLI JORGE E
  • Owner Before Previous Owner: CROTTS SEVIER AMY
  • Owner Before Previous Owner 2: CROTTS SEVIER AMY DYAN
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001604

Zoning

  • Zoning: RSF-4.5 RE

Geography

  • Assessors Map Reference: 4A
  • Subdivision Tract Number: 00710000
  • Parcel: 7100-0145-4
  • Lot: 28
  • Meridian: SEC 31 TWN 33S RNG 18E
  • Municipality: UNINCORPORATED
  • Latitude: 27.5582
  • Longitude: -82.5384

    Address

  • Full Address: 2503 50th Street Ct E
  • Address - House Number: 2503
  • Street Segment Direction: E
  • Address - Street Name: 50th Street
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Palmetto
  • Carrier Code: R002
  • 4-Digit Zip Code: 2133
  • Zip Code: 34221

Valuation

    Tax

  • Total Area: 1,485
  • Tax Year: 2021
  • Tax Amount: $2,847
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.2156
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 70
  • Final Value: 394,214
  • High Value: 479,233
  • Low Value: 309,195

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $343,660
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Jun 02, 2022
  • First Open Lien Mortgage Loan Amount: $343,660
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $298,801
  • Market Land Value: $45,900
  • Market Improvement Value: $252,901

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $298,801
  • Assessed Land Value: $45,900
  • Assessed Improvements Value: $252,901

    Sales

  • Current Sale Contract Date: May 26, 2022
  • Current Sale Recording Date: Jun 02, 2022
  • Current Sale Transaction ID: 11889838803
  • Current Sale Price: $350,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 73528
  • Previous Sale Recording Date: Jul 01, 2010
  • Previous Sale Contract Date: Jun 28, 2010
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE LLC
  • First Mortgage Transaction Date: Jun 02, 2022
  • First Mortgage Loan Amount: $343,660
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: REAL ESTATE MORTGAGE NETWORK I
  • Previous Mortgage Transaction Date: Jul 01, 2010
  • Previous Mortgage Loan Amount: $113,471
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2040

About West Ellenton



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Frequently Asked Questions

What neighborhood is 2503 50th Street Court East located in?
The 2503 50th Street Court East is a located in the neighborhood of West Ellenton in West Ellenton, Palmetto.
What is the average sales price for listings in 2503 50th Street Court East?
The average sales price for units in 2503 50th Street Court East is $0 currently.

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