by RH Advisors

See Home Value
$405,000
House - Off Market

7807 55th St E

PALMETTO, FL 34221
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1194 Sqft
$2,230
Estimated Monthly
5.95%
Cap Rate

About This Property

NO HOA! Welcome home to this beautiful 2 bed, 2 bath, 2 car garage, POOL HOME in the gorgeous Woodlawn Lakes community. This home features tile floors throughout, a large wood burning fireplace and awesome views of the lake. The gorgeous french doors in both the living room and master bedroom open to the tranquil, screened in, HEATED pool that overlooks the lake. There is no hoa, so bring your boat and rv! This home is conveniently located within a short drive to shopping, restaurants, parks and more! Whether you've been looking for a home away from home or a place to raise your family, you'll find it here!
Unit Size
1,194Ft²
Days on Market
139 days
Land Size
0.34 acres
Price per sqft
$334
Property Type
House
Property Taxes
$271
HOA Dues
-
Year Built
1986
Last updated: 3 months ago (Stellar MLS #A4586513)

Price History

Date / Event Date Event Price
Mar 7, 2024 Sold to Bradley Ransome $405,000
Sold to Bradley Ransome
Feb 5, 2024 In contract -
In contract
Jan 19, 2024 Price Decreased $399,000
↓ $16K (3.9%)
Price Decreased
Jan 13, 2024 Price Decreased $415,000
↓ $10K (2.4%)
Price Decreased
Jan 5, 2024 Price Decreased $425,000
↓ $24K (5.4%)
Price Decreased
Show More

Property Highlights

Garage
Air Conditioning
With View
Fireplace

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 10
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood
  • 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: 0
  • Garage Type: Attached
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 15,159
  • Total Building Area: 1,650
  • Gross Building Area: 1,650
  • Building Area: 1,194
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,194
  • Heating Fuel Type: Electricity

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WOODLAWN LAKES SECOND ADDITION
  • Land Acres: 0.348
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 48 WOODLAWN LAKES SECOND ADD PI#7249.1860/2

Ownership

  • Current Owner : RANSOME BRADLEY
  • Previous Owner : ADKINS LINDSEY
  • Previous Owner 2: ADKINS ALAN
  • Owner Before Previous Owner: ELSENHEIMER STEVEN J
  • Owner Before Previous Owner 2: ELSENHEIMER STEVEN J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Married Man as his sole & separate property

Neighborhood

  • School District Name: Manatee County School District
  • School Tax School District: MCPA&MCPS
  • Census Tract: 001908

Zoning

  • Zoning: RSF-3 RES

Geography

  • Assessors Map Reference: 5B
  • Subdivision Tract Number: 00724903
  • Parcel: 7249-1860-2
  • Lot: 48
  • Meridian: SEC 34 TWN 33S RNG 18E
  • Municipality: UNINCORPORATED
  • Latitude: 27.5626
  • Longitude: -82.4865

    Address

  • Full Address: 7807 55th St E
  • Address - House Number: 7807
  • Street Segment Direction: E
  • Address - Street Name: 55th
  • Address - Suffix Type: St
  • State: FL
  • City Name: Palmetto
  • Carrier Code: R005
  • 4-Digit Zip Code: 9118
  • Zip Code: 34221

Valuation

    Tax

  • Total Area: 1,194
  • Tax Year: 2021
  • Tax Amount: $2,892
  • Tax Rate Code Area: 1

    Appraisal Valuation

  • Standard Deviation: 0.1956
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 73
  • Final Value: 344,283
  • High Value: 411,631
  • Low Value: 276,936

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $397,664
  • First Open Lien Mortgage Lender: MEGA CAPITAL FUNDING, INC.
  • First Open Lien Mortgage Recording Date: Mar 07, 2024
  • First Open Lien Mortgage Loan Amount: $397,664
  • 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: Apr 01, 2054

    Market Valuation

  • Market Total Value: $269,902
  • Market Land Value: $53,550
  • Market Improvement Value: $216,352

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $269,902
  • Assessed Land Value: $53,550
  • Assessed Improvements Value: $216,352

    Sales

  • Current Sale Contract Date: Mar 06, 2024
  • Current Sale Recording Date: Mar 07, 2024
  • Current Sale Transaction ID: 11922990355
  • Current Sale Price: $405,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 22891
  • Previous Sale Recording Date: Nov 08, 2007
  • Previous Sale Contract Date: Sep 25, 2007
  • Previous Sale Amount: $190,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: MEGA CAPITAL FUNDING, INC.
  • First Mortgage Transaction Date: Mar 07, 2024
  • First Mortgage Loan Amount: $397,664
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: INDYMAC BANK FSB
  • Previous Mortgage Transaction Date: Nov 08, 2007
  • Previous Mortgage Loan Amount: $180,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2037



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,192 ft²
$300/ft²
$358,000 Aug 3, 2023
$358,000 Sep 25, 2023
$119/mo
House
3 Beds
2 Baths
1,239 ft²
$321/ft²
$397,500 Jan 9, 2024
$397,500 Feb 26, 2024
$109/mo
House
3 Beds
2 Baths
1,211 ft²
$280/ft²
$339,000 Oct 13, 2023
$339,000 Dec 5, 2023
$312/mo
House
3 Beds
2 Baths
1,485 ft²
$246/ft²
$365,000 Jul 5, 2023
$365,000 Oct 5, 2023
$229/mo
House
3 Beds
2 Baths
1,416 ft²
$247/ft²
$349,900 Nov 15, 2023
$349,900 Feb 14, 2024
$90/mo
House
3 Beds
2 Baths
1,656 ft²
$223/ft²
$370,000 May 29, 2023
$370,000 Sep 28, 2023
$236/mo
House
3 Beds
2 Baths
1,472 ft²
$306/ft²
$449,900 Feb 20, 2024
-
$209/mo
House
3 Beds
2 Baths
1,206 ft²
$311/ft²
$374,900 Dec 14, 2023
-
$198/mo
House
3 Beds
2 Baths
1,489 ft²
$288/ft²
$429,000 Mar 9, 2024
-
$303/mo
House
3 Beds
2 Baths
1,574 ft²
$241/ft²
$379,900 Feb 8, 2024
-
$293/mo
House
3 Beds
2 Baths
1,536 ft²
$241/ft²
$370,000 Mar 8, 2024
-
$187/mo
House
3 Beds
2 Baths
1,760 ft²
$236/ft²
$415,000 Jan 12, 2024
-
$305/mo

About Woodlawn


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Frequently Asked Questions

When was property at 7807 55th Street East built and last sold?
The property at 7807 55th Street East was built in 1986 and last sold on Mar 6, 2024 for $405,000.
How much is this home worth?
The estimated value of the home located at 7807 55th Street East is $429,250.
What are some comparable homes to 7807 55th Street East?
Homes that are comparable to 7807 55th Street East include a house property at 5404 80th Avenue Circle East, 6222 64th Drive East, 7035 Water Mill Street.

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