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5159 San Palermo Drive

5159 San Palermo Drive, Bradenton, FL 34208
Property in Bradenton
Sold Jan 14, 2022
$407,000
$407,000 by Mortgage Research Center Llc
Mortgage Due Feb 01, 2052
Sold Sep 11, 2018
$254,990
$191,243 by Dhi Mortgage Company Ltd
Mortgage Due Oct 01, 2048
Local assessors in Bradenton, FL have categorized 5159 San Palermo Drive as a residential type of property. The home was built in 2018 and is 6 years old. The property's lot size has been calculated to be 4,277 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5159 San Palermo Drive has a total of 2,252 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 440 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is unknown. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable or hip style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Jan 12, 2022 for $407,000. That's $143.51 per sqft. Prior to that sales transaction, the property was also sold in Sep 7, 2018 for $254,990. 5159 San Palermo Drive was last assessed in 2023. The total value of the property was assessed at $382,659. 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 $5,956. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 16
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 4,277
  • Total Building Area: 2,836
  • Gross Building Area: 2,836
  • Building Area: 2,252
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,252
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COTTAGES AT SAN LORENZO
  • Land Acres: 0.098
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 73 COTTAGES AT SAN LORENZO PI#11237.0465/9

Ownership

  • Current Owner : RATERMAN CHAD
  • Previous Owner : MON WIN CHO MYA
  • Previous Owner 2: MING CHIH
  • Owner Before Previous Owner: D R HORTON INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 002003

Zoning

  • Zoning: BR_R-1

Geography

  • Subdivision Tract Number: 01123700
  • Parcel: 11237-0465-9
  • Lot: 73
  • Meridian: SEC 27 TWN 34S RNG 18E
  • Municipality: BRADENTON
  • Latitude: 27.5051
  • Longitude: -82.4965

    Address

  • Full Address: 5159 San Palermo Dr
  • Address - House Number: 5159
  • Address - Street Name: San Palermo
  • Address - Suffix Type: Dr
  • State: FL
  • City Name: Bradenton
  • Carrier Code: R090
  • 4-Digit Zip Code: 2373
  • Zip Code: 34208

Valuation

    Tax

  • Total Area: 890
  • Tax Year: 2022
  • Tax Amount: $5,956
  • Tax Rate Code Area: 21

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 511,812
  • High Value: 603,086
  • Low Value: 420,538

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $407,000
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Jan 14, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $407,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2052

    Market Valuation

  • Market Total Value: $394,280
  • Market Land Value: $51,000
  • Market Improvement Value: $343,280

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $382,659

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 12, 2022
  • Current Sale Recording Date: Jan 14, 2022
  • Current Sale Transaction ID: 11877890384
  • Current Sale Price: $407,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6702
  • Previous Sale Recording Date: Sep 11, 2018
  • Previous Sale Contract Date: Sep 07, 2018
  • Previous Sale Amount: $254,990
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Jan 14, 2022
  • First Mortgage Loan Amount: $407,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Feb 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: DHI MORTGAGE COMPANY LTD
  • Previous Mortgage Transaction Date: Sep 11, 2018
  • Previous Mortgage Loan Amount: $191,243
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2048

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Frequently Asked Questions

What neighborhood is 5159 San Palermo Drive located in?
The 5159 San Palermo Drive is a located in the neighborhood of Bradenton in Bradenton, Bradenton.
What is the average sales price for listings in 5159 San Palermo Drive?
The average sales price for units in 5159 San Palermo Drive is $0 currently.

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