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Sold for $407,000
  • $407,000

    502 7th Ave W, Palmetto, FL 34221

    3beds
    1,693sqft
    Single Family Residence
    Built in 1905
    0.34 Acres Lot
    $439,200 Zestimate®
    $240/sqft
    $2,512 Estimated rent

    Home value

    $439,200

    $400,000 - $488,000

    $2,512/mo

    Zestimate® history
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    What's special

    3D tour - Drone Video- Floor Plan https://shorturl.at/h6Qmm. Located in the appealing Palmetto Historic District, just moments from the serene Manatee River, this inviting 3-bedroom, 2.5-bathroom home offers a delightful blend of comfort and convenience. Positioned on a large corner lot, this property stands out with its extensive features ideal for both relaxation and entertainment. With 1,693 sqft of living space, this home recently enhanced its appeal with a new roof installed in 2020 and a beautifully remodeled kitchen. The kitchen boasts luxury vinyl floors, fresh paint, and modern appliances, perfect for culinary adventures. The airflow is pure and crisp throughout the house, thanks to new ductwork and an ozone cleaner, along with the added benefit of natural gas. The exterior of the property is equally impressive. It features a newly installed pool framed by an expansive deck and a covered patio at the back, ideal for gatherings or peaceful evenings. The lot also accommodates an oversized, detached 2-car garage, offering ample space for vehicles and additional storage. Additionally, RV and boat owners will appreciate the convenience of dedicated parking without deed restrictions, and those with entrepreneurial spirits will find the zoning conducive to running a home-based business. Safety and privacy are enhanced by a fenced yard and a privately-owned street light, providing extra security and peace of mind. Enjoy the outdoor life on the large front porch, which echoes the welcome of its interior counterpart. Strategically located, this home is only about a fifth of a mile from a local boat ramp and marina, perfect for boating enthusiasts. It is also just a mile from the vibrant downtown Bradenton, offering an array of shops, dining options, and cultural experiences. Lamb Park, nearby, offers green space for outdoor activities, while the Primo Market is less than a mile away, making daily errands effortless. Additionally, the proximity to major highways facilitates easy commuting. This property does not require flood insurance, a rare find in Florida, which enhances its appeal and ease of ownership. With no HOA or CDD fees to worry about, this home emerges as an excellent investment or serene family residence. Don’t miss out on the chance to own this move-in-ready gem, perfect for anyone looking to enjoy the Florida lifestyle with all the conveniences and comforts of modern living. Schedule your visit today and come see why 502 7th Ave W should be your next address!

    Zillow last checked:

    Listing updated:

    Listed by:

    Patrick DeFeo, II 941-518-0708,

    PEOPLE'S TRUST REALTY 727-946-0904

    Bought with:

    Tiffany McAlister, 3429734

    REALTY ONE GROUP SUNSHINE

    Source: Stellar MLS,MLS#: T3527736MLS LogoOriginating MLS: Tampa

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 3
    • Full bathrooms: 2
    • 1/2 bathrooms: 1
    Primary bedroom
    • Features: En Suite Bathroom, Walk-In Closet(s)
    • Level: First
    • Dimensions: 15x12
    Bedroom 2
    • Features: En Suite Bathroom, Built-in Closet
    • Level: First
    • Dimensions: 13x13
    Bedroom 3
    • Features: Walk-In Closet(s)
    • Level: First
    • Dimensions: 12x12
    Balcony porch lanai
    • Level: First
    • Dimensions: 18x12
    Dinette
    • Level: First
    • Dimensions: 13x13
    Family room
    • Level: First
    • Dimensions: 15x12
    Kitchen
    • Level: First
    • Dimensions: 27x9
    Living room
    • Level: First
    • Dimensions: 18x15
    Office
    • Level: First
    • Dimensions: 12x6
    Heating
    • Central
    Cooling
    • Central Air, Wall/Window Unit(s)
    Appliances
    • Included: Convection Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
    • Laundry: Inside, Laundry Room
    Features
    • Cathedral Ceiling(s), Ceiling Fan(s), Primary Bedroom Main Floor, Solid Wood Cabinets, Split Bedroom, Vaulted Ceiling(s), Walk-In Closet(s)
    • Flooring: Carpet, Luxury Vinyl
    • Windows: Window Treatments
    • Has fireplace: No
    Interior area
    • Total structure area: 1,793
    • Total interior livable area: 1,693 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Boat, Driveway, Garage Door Opener, Oversized, Parking Pad, Workshop in Garage
    • Garage spaces: 2
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Deck, Patio, Porch
    • Exterior features: Irrigation System, Lighting, Rain Gutters, Sprinkler Metered, Storage
    • Has private pool: Yes
    • Pool features: Above Ground, Vinyl
    • Fencing: Fenced
    Lot
    • Size: 0.34 Acres
    • Dimensions: 112 x 132
    • Features: Corner Lot, City Lot, Near Public Transit, Sidewalk
    Details
    • Additional structures: Storage
    • Parcel number: 2778100004
    • Zoning: RM6
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Bungalow,Other
    • Property subtype: Single Family Residence
    Materials
    • Wood Siding
    • Foundation: Crawlspace
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected

    Community & HOA

    Community
    • Pet fee: $0 monthly
    • Subdivision: WILLIS ADD TO PALMETTO CONTINUED
    HOA
    • Has HOA: No
    Location
    • Region: Palmetto

    Financial & listing details

    • Price per square foot: $240/sqft
    • Tax assessed value: $324,017
    • Annual tax amount: $2,570
    • Date on market: 5/20/2024
    • Cumulative days on market: 82 days
    • Listing terms: Cash,Conventional,FHA,VA Loan
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Brick, Paved, Asphalt

    Price history

    DateEventPrice
    8/20/2024Sold$407,000-3.1%$240/sqft
    Source: Stellar MLS #T3527736 Report a problem
    6/22/2024Pending sale$419,900$248/sqft
    Source: Stellar MLS #T3527736 Report a problem
    5/20/2024Listed for sale$419,900-3.5%$248/sqft
    Source: Stellar MLS #T3527736 Report a problem
    5/17/2024Listing removed--
    Source: Stellar MLS #A4597327 Report a problem
    5/8/2024Price change$435,000-2.2%$257/sqft
    Source: Stellar MLS #A4597327 Report a problem
    4/19/2024Price change$445,000-1.1%$263/sqft
    Source: Stellar MLS #A4597327 Report a problem
    3/28/2024Listed for sale$450,000+136.8%$266/sqft
    Source: Stellar MLS #A4597327 Report a problem
    8/23/2016Sold$190,000-2.6%$112/sqft
    Source: Stellar MLS #A4157933 Report a problem
    8/6/2016Pending sale$195,000$115/sqft
    Source: LESLIE WELLS REALTY, INC. #A4157933 Report a problem
    6/28/2016Listed for sale$195,000+69.7%$115/sqft
    Source: LESLIE WELLS REALTY, INC. #A4157933 Report a problem
    4/27/2012Listing removed$114,900$68/sqft
    Source: Coldwell Banker Residential Real Estate - East Manatee #M5827920 Report a problem
    3/18/2012Listed for sale$114,900+76.8%$68/sqft
    Source: COLDWELL BANKER RESIDENTIAL RE #M5827920 Report a problem
    12/20/2002Sold$65,000$38/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$6,475 $324,017
    Find assessor info on the county website

    Neighborhood: Midtown

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: James Tillman Elementary
    • Middle: Lincoln Middle
    • High: Palmetto High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $439,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $439,200