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5516 Bungalow Grove Court

5516 Bungalow Grove Court, Palmetto, FL 34221
Property in Artisan Lakes
Sold Oct 13, 2021
$351,000
$145,990 by Loandepot.com Llc
Mortgage Due Nov 01, 2051
5516 Bungalow Grove Court 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 2021 and is 3 years old. The home has a total of 4 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, 5516 Bungalow Grove Court has 1,633 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,502 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 420 sqft. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as unknown. 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 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5516 Bungalow Grove Court was last sold in Oct 13, 2021 for $351,000. According to our calculations, that's $156.84 per sqft. Current property owners are expected to pay $1,651 in taxes per year. The property on 5516 Bungalow Grove Court was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $186,445. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2021
  • Effective Year Built: 2021
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Building Quality: C
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,502
  • Total Building Area: 2,238
  • Gross Building Area: 2,238
  • Building Area: 1,633
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,633
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ARTISAN LAKES EAVES BEND PHASE I SP A-K
  • Land Acres: 0.126
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 208, ARTISAN LAKES EAVES BEND PH I SUBPH A-K PI#6109.3390/9

Ownership

  • Current Owner : SWAN KARL
  • Current Owner 2: SWAN HELEN
  • Previous Owner : MERITAGE HOMES OF FLORIDA INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001915

Zoning

  • Zoning: PD-MU

Geography

  • Parcel: 6109-3390-9
  • Lot: 208
  • Meridian: SEC 16 TWN 33S RNG 18E
  • Municipality: UNINCORPORATED
  • Latitude: 27.6067
  • Longitude: -82.5073

    Address

  • Full Address: 5516 Bungalow Grove Ct
  • Address - House Number: 5516
  • Address - Street Name: Bungalow Grove
  • Address - Suffix Type: Ct
  • State: FL
  • City Name: Palmetto
  • Carrier Code: R020
  • 4-Digit Zip Code: 2175
  • Zip Code: 34221

Valuation

    Tax

  • Total Area: 1,633
  • Tax Year: 2021
  • Tax Amount: $1,651
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1899
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 74
  • Final Value: 438,208
  • High Value: 521,425
  • Low Value: 354,992

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,990
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Oct 13, 2021
  • First Open Lien Mortgage Loan Amount: $145,990
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $309,322
  • Market Land Value: $56,100
  • Market Improvement Value: $253,222

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $186,445

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Oct 13, 2021
  • Current Sale Transaction ID: 11859634890
  • Current Sale Price: $351,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 202141136263

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Oct 13, 2021
  • First Mortgage Loan Amount: $145,990
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

About Artisan Lakes



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Frequently Asked Questions

What neighborhood is 5516 Bungalow Grove Court located in?
The 5516 Bungalow Grove Court is a located in the neighborhood of Artisan Lakes in Artisan Lakes, Palmetto.
What is the average sales price for listings in 5516 Bungalow Grove Court?
The average sales price for units in 5516 Bungalow Grove Court is $0 currently.

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