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$631,303Estimated home value

Beds
4
Baths
3.0
sq ft
3,185

601 5th St W, Palmetto, FL 34221

601 5th St W

PALMETTO, FL 34221

  • Sold On 2/4/2022
    • Price drop $100,000↓
A true envelope of elegance awaits your tour. This professionally designed restoration combines today’s desired amenities, while retaining the true historic details of the staircase, archways, tall ceilings, glass door nobs, and crown molding. Yes dreams, of a picket fence and front porch with swing, do come true. 4 bedrooms and 3 baths plus a sun room with three walls of windows for your office, den or relaxing pleasure. 2 bedrooms feature an on-suite bath, one of which is on the first floor with a fireplace! The master bedroom with private bath is on the upper level and provides a walkout private balcony with a treetop view, and two separate closets, each with a window. All bedrooms have more storage space than expected for this historic floorplan. Bedroom #3 even includes a 7x7 alcove room that could be a dressing room or studio, with 2 walls of windows and all without sacrificing closet space. Bedroom # 2 has a large walk-in closet and accommodates 2 double beds - wow! Bay window in dining room even features a window seat with built-in storage beneath. The kitchen will delight the chef within you offering all of today’s most desired aesthetics including Cambria quartz counter tops. 5 burner gas range, farm house sink, open shelving, lots of cabinets and drawers, 2 outside access doors, plus windows for that abundant natural light we all appreciate. Laundry room alcove is 7x7 tucked away at end of the kitchen. 2 AC units - one for main level and one for upper to assure comfort throughout your new home, and all baths have been renovated to today's standards. Solar panels, metal roof, 2 fireplaces, and a claw foot tub. Perfect combination of old and new. Solar is connected to FPL grid. Natural gas line fuels range, on-demand HWH, and clothes dryer. Irrigation on RainBird controller is connected to city reuse system. For size of home the monthly utility cost is extremely reasonable. Love to dine al fresco? With 2 exterior exit doors from your kitchen, it is a breeze to either to the oak canopied front yard or the back or side gardens. Perhaps you will want multiple options for your outdoor dining table, depending on the season. The surrounding gardens invoke a feeling of being in your own private park. Explore among the plentiful butterflies and you will discover many lovely plantings, and even your own mango tree. Must see to believe this once in a life time treasure.

Details

Property type

Single Family Residence

Est. home value

$631,303

Lot size

0.3 acres

Price per sq ft

$156

Year built

1926

Annual property taxes

$3,144.39

Price History

04/01/2025
StellarMLS

StellarMLS #A4623906

Removed
$630,000
02/26/2025
StellarMLS

StellarMLS #A4623906

Price change
$630,000
-3.08%
01/31/2025
StellarMLS

StellarMLS #A4623906

Price change
$650,000
-5.11%

Schools & Community

Neighborhood: 

Midtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$39,771
Asking price
$495,000
Closing costs (~8% of asking)
-$39,600
Est. remaining loan balance
-$415,629
Cash to seller
$39,771

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Angel Oak Mortgage Solutions Llc

Loan start date

January 2022

Original loan amount

$445,500

Est. remaining balance

$415,629

Interest rate

3.12%

Loan type

New Conventional, 30 year

Seller

Amber Childers and Jason Deemer

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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1308 3rd Street Cir E, Palmetto, FL 34221

Status: Off Market

Tomo last checked: 04/04/2025 at 5:05 AM

Listing updated: 09/19/2023 at 10:20 PM

Listed by: Leslie Wollard, COLDWELL BANKER REALTY Phone #: (941) 795-2211

MLS: StellarMLS #A4506266

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