9 months on rocket

8024 55th St E, Palmetto, FL, 34221

$499,000

Home List Price

$5,926*

Closing Credit

4 Bedrooms
2 Full Baths
1,822 SqFt
$274/SqFt
House
Schools Nearby

Location

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8024 55th St E, Palmetto$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage Door Opener, Oversized
Attached Garage2 spaces
Year Built1989
HeatingCentral
CoolingCentral Air
WaterfrontPond
ViewWater
MLS #A4578244
Lot Size0.23 Acres
StatusActive

About 8024 55th St E

ALL THE HEAVY LIFTING IS DONE! Lovely water views and a beautiful renovation in 2021 to include kitchen and both bathrooms, partial flooring, added wrap-around porch in back, roof and gutters, electrical panel, and AC 2019. This four-bedroom, two-bath home is situated on an oversized corner lot in Villages of Thousand Oaks. Walking up to the home, you are greeted by an enchanting pavered patio overlooking majestic oaks and a peaceful water fountain. Inside, the smartly designed home features a bright and open split plan with plenty of living area’s for both large gatherings and entertaining. You will delight in the chef’s kitchen with quartz countertops, custom cabinets, waterfall breakfast bar and high-end appliances. Step into the spacious owner’s suite offering vaulted ceilings, a large walk-in closet, beautifully renovated bath with dual sinks, and large walk-in shower with custom-etched shower doors. Impact sliders offer great light and lead to the pavered patio for a peaceful place to enjoy morning coffee. Continuing to the guest rooms, fresh paint and new carpet were added. The guest bath was fully renovated with new cabinetry with marble top, all new tile and flooring and custom-etched shower door. The fourth bedroom is currently being used as an office. Additionally, all sliders across the back were updated to impact-rated and out back a large, enclosed wrap-screened porch was added overlooking the lake. Situated in a park like setting, Villages of Thousand Oaks community offers tennis court, pool and club house. Situated close to great shopping, restaurants and just a block from the new Parrish Charter Academy. Call for a complete list of renovations and upgrades.

Property Details

Property Features

Property Information:

  • Architectural Style: Ranch
  • Year Built: 1989
  • Stories: 1
  • Living Area: 1,822 SqFt

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Holly Switow

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Carpet, Ceramic Tile, Laminate
  • Interior: Ceiling Fans(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Exterior Information:

  • Private Pool: No
  • Waterfront: Pond
  • View: Water
  • Exterior: Irrigation System, Private Mailbox, Rain Gutters, Sidewalk, Sliding Doors, Storage

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage Door Opener, Oversized

Lot Features

Lot Information:

  • Lot Size: 0.23 Acres

Utilities

Utilities Information:

  • Heating: Central
  • 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: From 301; north on Erie Rd to West on 55th St E. Home on corner of 34th and 55th St on right past tennis court.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $274/SqFt

HOA Fees:

  • Amount: $50
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $4,359
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$397.4K

Med. Price/SqFt

$224

Avg. Days On Market

59

# of Sold Homes

97

8024 55th St E vs Palmetto

271 DAYS ON ROCKET

+212 Days

$499,000

+$101.6K More

$274/SqFt

+$50 More

KEY TAKEAWAY

This property is $101.6K more than the Median Sold Price and $50/SqFt more than other homes in Palmetto, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4578244

Listing Office:

  • Office Name: PREMIER SOTHEBYS INTL REALTY
  • Office Phone: (941) 364-4000
  • Listing Agent: Holly Switow

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: 4/28/2024, 11:49:14 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 05, 2021Home Sold
$285,000
Sep 06, 2016Home Sold
$202,100

Tax History

YEARPROP. TAXASSESSMENT
2020$4,359$178,333
2018$1,994$171,074
2017$1,995$167,555

History based on county public records data.

Payment Calculator

$2,608

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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-2810539
7
/10
  • Virgil Mills Elementary School

  • 7200 69th St E

  • 0.92 miles

  • Public District Grades PK-5

Middle School

school-card-donut-2810540
3
/10
  • Buffalo Creek Middle School

  • 7320 69th St E

  • 0.89 miles

  • Public District Grades 6-8

High School

school-card-donut-2810541
3
/10
  • Palmetto High School

  • 1200 17th St W

  • 6.35 miles

  • Public District Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,614. Residents of Palmetto, FL typically earn between $35k-100k each year. Residents typically live in married, no kids family. 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 8024 55th St E

What is the listing price of this property?

The listing price of 8024 55th St E property is $499,000.

What type of property is this?

The property 8024 55th St E is a house located in Palmetto, Florida, 34221.

Is this property for sale now?

Active Listing: 8024 55th St E is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 8024 55th St 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 $4,359 (source: MLS/based on county public records data).

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

The last sale was on March 5, 2021 for $285,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 8024 55th St E has 4 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 8024 55th St E is 1,822 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 8024 55th St E is 1989.

Rocket HomesFloridaManatee CountyPalmetto342218024 55th St E

This home is located at 8024 55th St E in Palmetto, FL and zip code 34221 in the Thousand Oaks neighborhood. This 1,822 square foot home, which was built in 1989, sits on a 0.23 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since August 01, 2023 and is currently priced at $499,000.

In March 2024, from all listings sold in Palmetto, FL there were more than 6 sold above asking price, over 65 sold below and more than 26 were sold right at the asked price. The number of homes for sale in Palmetto, FL increased by 8.7% between February 2024 and March 2024. In March 2024, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $397,400.

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

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