2 months on rocket

Sale Pending

5040 253rd St E, Myakka City, FL, 34251

$499,000

Home List Price

$5,926*

Closing Credit

2 Bedrooms
2 Full Baths
1,370 SqFt
$364/SqFt
House

Location

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5040 253rd St E, Myakka City$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
Year Built1985
HeatingCentral
CoolingCentral Air
MLS #A4623220
Lot Size5.00 Acres
StatusSale Pending
(Pending)

About 5040 253rd St E

Under contract-accepting backup offers. This diamond in the rough, is a great opportunity to invest in a home in sought after Myakka City without breaking the bank to buy an acreage property. The 2 bedroom 2 bath plus bonus room that could be a 3rd bedroom home while smaller is size, is huge in value. The bungalow style house has great character to it and room to expand if needed. There are also 2 barns on this 5 acre property with one of them being used as a hair salon. As flooding is more concerning than ever before, you will appreciate even more how high and dry this property is. The majority of the property is fenced and has multiple pastures to keep your feathered and furry friends safe. Homes in this high demand area and in this price range rarely become available so contact us today for your showing appointment.

Property Details

Property Features

Property Information:

  • Year Built: 1985
  • Living Area: 1,370 SqFt

Listing Office:

  • Office Name: PREFERRED SHORE LLC
  • Office Phone: (941) 999-1179
  • Listing Agent: Paul Hart

Interior Features

Interior Information:

  • Appliances: Dishwasher, Electric Water Heater, Microwave, Range, Refrigerator
  • Flooring Type: Laminate, Tile, Wood
  • Interior: Built-in Features, Cathedral Ceiling(s), Primary Bedroom Main Floor, Split Bedroom

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Lighting

Lot Features

Lot Information:

  • Lot Size: 5.00 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Heading East on SR 64, turn right on Verna Bethany, right on Cline road, right on 253rd ST E and it will wind around and home is next to the last home on left, sign in front.

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $364/SqFt

Tax Information:

  • Annual Amount: $746
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Myakka City, FL.

Med. Sold Price

$610.3K

Med. Price/SqFt

$284

Avg. Days On Market

82

# of Sold Homes

150

5040 253rd St E vs Myakka City

81 DAYS ON ROCKET

-1 Day

$499,000

-$111.3K Less

$364/SqFt

+$80 More

KEY TAKEAWAY

This property is $111.3K less than the Median Sold Price and $80/SqFt more than other homes in Myakka City, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: MFRMLS
  • MLS Number: #A4623220

Listing Office:

  • Office Name: PREFERRED SHORE LLC
  • Office Phone: (941) 999-1179
  • Listing Agent: Paul Hart

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: 12/3/2024, 1:19:53 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 09, 2011Home Sold
$100,000
Jul 24, 2006Home Sold
$306,000

Tax History

YEARPROP. TAXASSESSMENT
2020$746$78,863
2018$666$75,653
2017$666$74,097

History based on county public records data.

Payment Calculator

$2,558

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.

Nearby Schools

school-card-donut-3502841
9
/10
  • Gilbert W. McNeal Elementary School

  • 6325 Lorraine Rd

  • 6.92 miles

  • Public District Grades PK-5

school-card-donut-3502842
9
/10
  • Gene Witt Elementary School

  • 200 Rye Rd E

  • 7.08 miles

  • Public District Grades PK-5

school-card-donut-3502843
9
/10
  • Robert E. Willis Elementary School

  • 14705 the Masters Ave

  • 7.57 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $88,595. The most common annual income of people living in Myakka City, FL is between $35k-100k. The most common type of family is married, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5040 253rd St E

What is the listing price of this property?

The listing price of 5040 253rd St E property is $499,000.

What type of property is this?

The property 5040 253rd St E is a house located in Myakka City, Florida, 34251.

Is this property for sale now?

Sale Pending: 5040 253rd St E is Sale Pending (Pending), which means that the seller has accepted an offer but the sale is not finalized.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $746 (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 9, 2011 for $100,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 5040 253rd St E has 2 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 5040 253rd St E is 1,370 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 5040 253rd St E is 1985.

Rocket HomesFloridaManatee CountyMyakka City342515040 253rd St E

This home is located at 5040 253rd St E in Myakka City, FL and zip code 34251. This 1,370 square foot home, which was built in 1985, sits on a 5.00 acre lot. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 12, 2024 and is currently priced at $499,000.

Over 6 listings were sold over their listed price in November 2024 in Myakka City, FL. In the same period over 107 listings were sold below the listed price and 37 listings were sold for the listed price. The number of homes for sale in Myakka City, FL increased by 3.8% between October 2024 and November 2024. While the average time on the market in November 2024 was 82 days, the median list price was $610,397.

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

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