new - 7 hours on rocket

1220 5th St W, Palmetto, FL, 34221

$409,120

Home List Price

$4,858*

Closing Credit

3 Bedrooms
2 Full Baths
1,306 SqFt
$313/SqFt
House

Location

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1220 5th St W, Palmetto$409,120

Buyer Closing Credits

$4,858*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingBoat, Driveway, RV Parking
Year Built1920
HeatingCentral, Electric
CoolingCentral Air, Wall/Window Unit(s)
MLS #TB8321043
Lot Size0.34 Acres
StatusActive

About 1220 5th St W

Charming Craftsman in Historic West Palmetto - Where Old Florida Meets Coastal Living - Welcome to your charming 1920 Craftsman home nestled in the heart of the Historic District of West Palmetto. This 3-bedroom, 2-bath home sits on an expansive 0.35-acre corner lot, showcasing exquisite landscaping, water features, and lush greenery, including fruit trees, exotic vines, and palm varieties. A full re-claimed water irrigation system keeps the grounds vibrant year-round. Your new home boasts a brick paver driveway and walkways, a spacious detached entertaining/storage space, a 30 AMP RV hookup, and dual side yard access. Step inside to find nearly 10-foot ceilings and rich Brazilian hardwood floors. The kitchen features granite countertops, a tiled backsplash, and recessed lighting. Modern upgrades include completely new electrical and plumbing systems, a UV light HVAC system with new ductwork installed in 2019. The flexible layout includes a dining area that can double as a formal space or home office, and a versatile third bedroom with a laundry closet is a perfect flex space with room for a home office and guest bed. The primary suite offers a private ensuite bath, and the guest bathroom includes an updated vanity. Additional highlights include a durable metal roof, with all fasteners replaced in 2017. The location is a short stroll from the waterfront, Regatta Marina, Sutton Park, the Public Library, and the charming downtown area of Palmetto, offering a variety of amenities and activities. Experience the best of historic charm and modern living at this unique property in West Palmetto. This is more than a home; it is a lifestyle! If you have been searching for AMAZING – here it is. If you have been waiting for the IDEAL OPPORTUNITY – it is now. If you have expectations of an EXCEPTIONAL LOCATION – Your search ends right here in Historic West Palmetto at 1220 5th Street W! - We may have just discovered your next home!

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1920
  • Living Area: 1,306 SqFt

Listing Office:

  • Office Name: NEXTHOME SOUTH POINTE
  • Office Phone: (833) 777-6398
  • Listing Agent: Kent Rodahaver

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Microwave
  • Flooring Type: Carpet, Tile, Wood
  • Interior: Ceiling Fans(s), High Ceilings, Open Floorplan, Thermostat, Walk-In Closet(s), Window Treatments

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Awning(s), Courtyard, French Doors, Garden, Irrigation System, Rain Gutters, Storage

Parking Information:

  • Parking: Boat, Driveway, RV Parking

Virtual/3D Tour

  • Virtual Tour: 1220 5th St W
Virtual Tour

Lot Features

Lot Information:

  • Lot: Corner Lot, Historic, Landscaped, Oversized Lot, Sidewalk, Paved
  • Lot Size: 0.34 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Wall/Window Unit(s)

Other

Directions Information:

  • Directions: From downtown Palmetto, head west on 5th St W. Home will be on the right 5th St W & 13th St W.

Price Information

Listing Price Info

Price Summary:

  • List Price: $409,120
  • Price Per SqFt: $313/SqFt

Tax Information:

  • Annual Amount: $3,040
  • Tax Year: 2020
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Housing Market Comparison

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

Med. Sold Price

$391.1K

Med. Price/SqFt

$218

Avg. Days On Market

64

# of Sold Homes

55

1220 5th St W vs Palmetto

1 DAY ON ROCKET

-63 Days

$409,120

+$17.9K More

$313/SqFt

+$95 More

KEY TAKEAWAY

This property is $17.9K more than the Median Sold Price and $95/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: #TB8321043

Listing Office:

  • Office Name: NEXTHOME SOUTH POINTE
  • Office Phone: (833) 777-6398
  • Listing Agent: Kent Rodahaver

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.
Last updated on: 11/14/2024, 10:19:49 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

Feb 21, 2019Home Sold
$189,000
Mar 01, 2006Home Sold
$205,000
Nov 13, 2000Home Sold
$64,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,040$143,513
2018$1,536$79,309
2017$1,536$70,195

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

$1,293

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.

Nearby Schools

school-card-donut-287136
5
/10
  • Palmetto Elementary School

  • 1540 10th St W

  • 0.52 miles

  • Public District Grades PK-5

school-card-donut-287137
2
/10
  • Ballard Elementary School

  • 912 18th St W

  • 1.68 miles

  • Public Magnet Grades PK-5

school-card-donut-287138
3
/10
  • G. D. Rodgers Garden-Bullock Elementary School

  • 515 13th Ave W

  • 2.07 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,394. The majority of Palmetto, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1220 5th St W

What is the listing price of this property?

The listing price of 1220 5th St W property is $409,120.

What type of property is this?

The property 1220 5th St W is a house located in Palmetto, Florida, 34221.

Is this property for sale now?

Active Listing: 1220 5th St W is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $3,040 (source: MLS/based on county public records data).

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

The last sale was on February 21, 2019 for $189,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1220 5th St W has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 1220 5th St W is 1,306 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1220 5th St W is 1920.

Rocket HomesFloridaManatee CountyPalmetto342211220 5th St W

This home is located at 1220 5th St W in Palmetto, FL and zip code 34221. This 1,306 square foot home, which was built in 1920, sits on a 0.34 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since November 14, 2024 and is currently priced at $409,120.

Over 6 listings were sold over their listed price in October 2024 in Palmetto, FL. In the same period over 36 listings were sold below the listed price and 13 listings were sold for the listed price. Between September 2024 and October 2024, Palmetto, FL real estate market has seen decrease in the number of listings by 11.3%. In October 2024, listings were on the market for 64 days. During the same period, the median list price in this real estate market was $391,134.

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

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