1 month on rocket

Sale Pending

7005 56th Ter E, Palmetto, FL, 34221

$399,000

Home List Price

$4,738*

Closing Credit

3 Bedrooms
2 Full Baths
1,779 SqFt
$224/SqFt
House
Schools Nearby

Location

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7005 56th Ter E, Palmetto$399,000

Buyer Closing Credits

$4,738*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGarage Faces Side, Oversized
Attached Garage2 spaces
Year Built2009
HeatingCentral, Electric
CoolingCentral Air
ViewWater
MLS #FC298663
Lot Size0.23 Acres
StatusSale Pending
(Pending)

About 7005 56th Ter E

Under contract-accepting backup offers. Located at the end of a cul-de-sac in the quiet neighborhood of Crystal Lakes, this beautiful home sits on a large lot with tranquil backyard views of the pond. Large backyard is completely fenced in. Upon entrance you will notice beautiful mature palm trees and a side facing oversized garage. This home features tall ceilings, tile and wood looking laminate throughout (no carpet), pocked sliders leading to a screened in lanai, and a large master bedroom w/ tray ceilings. Master bathroom includes dual sinks, large bathtub and a separate Shower. New A/C 2022, interior and exterior painted 2023. Low HOA fees covers a playground, reclaimed water irrigation and common ground maintenance. No CDD. Close to St. Petersburg, Tampa and Sarasota.

Property Details

Property Features

Property Information:

  • Year Built: 2009
  • Living Area: 1,779 SqFt

Listing Office:

  • Office Name: REALTY EXCHANGE, LLC
  • Office Phone: (386) 446-0017
  • Listing Agent: David S Petkovsek

Interior Features

Interior Information:

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Flooring Type: Laminate, Tile
  • Interior: Ceiling Fans(s), High Ceilings, Open Floorplan, Stone Counters

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: Water
  • Exterior: Lighting, Private Mailbox, Rain Gutters

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Garage Faces Side, Oversized

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Landscaped, Oversized Lot
  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Palmetto High School, Public District Grades 9-12
  • Buffalo Creek Middle School, Public District Grades 6-8
  • Virgil Mills Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: Moccasin Wallow Rd right to Buffalo Rd, Left into Crystal Lakes. Right on 50th Ave. Cir. E., Right on 71st St. E., Right on 56th Terrace E. Home is on the right

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,000
  • Price Per SqFt: $224/SqFt

HOA Fees:

  • Amount: $600
  • Frequency: Annually

Tax Information:

  • Annual Amount: $193
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Palmetto, FL.

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Palmetto, FL

City

Med. Sold Price

$397.4K

Med. Price/SqFt

$224

Avg. Days On Market

59

# of Sold Homes

97

7005 56th Ter E vs Palmetto

58 DAYS ON ROCKET

-1 Day

$399,000

+$1.6K More

$224/SqFt

-$0 Less

KEY TAKEAWAY

This property is $1.6K more than the Median Sold Price and $0/SqFt less than other homes in Palmetto, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #FC298663

Listing Office:

  • Office Name: REALTY EXCHANGE, LLC
  • Office Phone: (386) 446-0017
  • Listing Agent: David S Petkovsek

IDX Listings courtesy of Stellar MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Note: Any Compensation information or listing brokers offer of compensation displayed is only applicable to other member participants of the source MLS.

Last updated on: 4/29/2024, 10:19:21 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Aug 04, 2021Home Sold
$345,000
Dec 23, 2009Home Sold
$178,000

Tax History

YEARPROP. TAXASSESSMENT
2020$193$150,020
2018$175$143,913
2017$1,548$140,953

History based on county public records data.

Payment Calculator

$2,109

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,263

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-3055950
7
/10

  • Virgil Mills Elementary School

  • 7200 69th St E

  • 1.03 miles

  • Public District Grades PK-5

Middle School

school-card-donut-3055951
3
/10

  • Buffalo Creek Middle School

  • 7320 69th St E

  • 1.12 miles

  • Public District Grades 6-8

High School

school-card-donut-3055952
3
/10

  • Palmetto High School

  • 1200 17th St W

  • 5.38 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $78,188. The most common annual income of people living in Palmetto, FL is between $35k-100k. Typical family type is married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7005 56th Ter E

What is the listing price of this property?

The listing price of 7005 56th Ter E property is $399,000.

What type of property is this?

The property 7005 56th Ter E is a house located in Palmetto, Florida, 34221.

Is this property for sale now?

Sale Pending: 7005 56th Ter E is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What are the assigned schools for this property?

The assigned schools for 7005 56th Ter E are:
Virgil Mills Elementary School: GreatSchools Rating 7/10
Buffalo Creek Middle School: GreatSchools Rating 3/10
Palmetto High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $193 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on August 4, 2021 for $345,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 7005 56th Ter E has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 7005 56th Ter E is 1,779 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7005 56th Ter E is 2009.

Rocket Homes›Florida›Manatee County›Palmetto›34221›7005 56th Ter E

This home is located at 7005 56th Ter E in Palmetto, FL and zip code 34221. This 1,779 square foot home, which was built in 2009, sits on a 0.23 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 01, 2024 and is currently priced at $399,000.

Palmetto, FL housing market in March 2024 saw over 6 listings sold above listed price, more than 26 sold at listed price and over 65 sold below. The number of listings in Palmetto, FL increased by 8.7% between February 2024 and March 2024. In March 2024 median list price was $397,400 and the average listing age was 59 days.

From Rocket Homes Real Estate and based on county public records data.

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