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7043 Water Mill Street

7043 Water Mill Street, Palmetto, FL 34221
Sold Mar 06, 2020
$365,000
$346,750 by Van Dyk Mortgage Corp
Mortgage Due Apr 01, 2050
Sold Oct 31, 2017
$316,990
$253,590 by Calatlantic Mortgage Inc
Mortgage Due Nov 01, 2047
Local assessors in Palmetto, FL have categorized 7043 Water Mill Street as a residential type of property. The home was built in 2017 and is 7 years old. The property's lot size has been calculated to be 8,298 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 3 full bathrooms. There are also 4 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 7043 Water Mill Street has a total of 2,330 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 630 sqft. There are 5 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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. 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, 7043 Water Mill Street sold most recently in Mar 5, 2020 for a total of $365,000. If you work out the math, that's approximately a cost of $115.87 per sqft. Before that, the property was also sold for $316,990 in Oct 26, 2017. 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 $2,748 in taxes each year. 7043 Water Mill Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $228,356. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.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.

Building Features

Exterior

Block Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 19
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable or hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 630
  • Parking Space Count: 5
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,298
  • Total Building Area: 3,150
  • Gross Building Area: 3,150
  • Building Area: 2,330
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,330
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: OLD MILL PRESERVE
  • Land Acres: 0.191
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 61, OLD MILL PRESERVE PI#7209.0310/9

Ownership

  • Current Owner : HOWELL MELVIN TROY
  • Current Owner 2: HOWELL ANITA STAR
  • Previous Owner : GRIMALDI JOSEPH M
  • Previous Owner 2: HALL HALEY LYNN
  • Owner Before Previous Owner: CALATLATIC GROUP INC
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001907

Zoning

  • Zoning: PDR

Geography

  • Assessors Map Reference: MAP 3C3334
  • Subdivision Tract Number: 00720900
  • Parcel: 7209-0310-9
  • Lot: 61
  • Meridian: SEC 34 TWN 33S RNG 18E
  • Municipality: UNINCORPORATED
  • Latitude: 27.5688
  • Longitude: -82.4924

    Address

  • Full Address: 7043 Water Mill St
  • Address - House Number: 7043
  • Address - Street Name: Water Mill
  • Address - Suffix Type: St
  • State: FL
  • City Name: Palmetto
  • Carrier Code: R005
  • 4-Digit Zip Code: 7399
  • Zip Code: 34221

Valuation

    Tax

  • Total Area: 1,034
  • Tax Year: 2021
  • Tax Amount: $2,748
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1767
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 77
  • Final Value: 602,830
  • High Value: 709,395
  • Low Value: 496,264

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $396,750
  • First Open Lien Mortgage Lender: VAN DYK MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Mar 06, 2020
  • First Open Lien Mortgage Loan Amount: $346,750
  • 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: Apr 01, 2050
  • Second Open Lien Mortgage Lender: TRUIST BANK
  • Second Open Lien Mortgage Recording Date: Aug 04, 2022
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 298
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 25, 2047

    Market Valuation

  • Market Total Value: $477,987
  • Market Land Value: $40,800
  • Market Improvement Value: $437,187

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $228,356

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 05, 2020
  • Current Sale Recording Date: Mar 06, 2020
  • Current Sale Transaction ID: 11746381028
  • Current Sale Price: $365,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202041024828
  • Previous Sale Recording Date: Oct 31, 2017
  • Previous Sale Contract Date: Oct 26, 2017
  • Previous Sale Amount: $316,990
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: VAN DYK MORTGAGE CORP
  • First Mortgage Transaction Date: Mar 06, 2020
  • First Mortgage Loan Amount: $346,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: CALATLANTIC MORTGAGE INC
  • Previous Mortgage Transaction Date: Oct 31, 2017
  • Previous Mortgage Loan Amount: $253,590
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2047

About Old Mill Preserves



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Frequently Asked Questions

What neighborhood is 7043 Water Mill Street located in?
The 7043 Water Mill Street is a house located in the neighborhood of Old Mill Preserves in Old Mill Preserves, Palmetto.
What is the average sales price for listings in 7043 Water Mill Street?
The average sales price for units in 7043 Water Mill Street is $360,000 , or $155/sqft. currently.

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