7022 56th Ter E, Palmetto, FL 34221
Property image
Property image
OFF MARKET

$342,900

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,700 sqft

7022 56th Ter E, Palmetto, FL 34221

Est. Refi. Payment $2,272/mo*
Refinance Your Home
Currently Off Market - Sold Sep 27, 2016 for $225,500

Home Value

Trulia Estimate
$343K
Since last month
Decreased$3K (-0.8%)
Since last year
Decreased$4K (-1.1%)
Since last sale
Increased$117K (+52.1%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +52% in the last 10 years
MonthEstimated value
2026
August 2026$343K
August 2026$343K
July 2026$346K
June 2026$349K
May 2026$348K
April 2026$347K
March 2026$349K
February 2026$348K
January 2026$342K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
5504 71ST STREET E, Palmetto, FL
0.09
Single-Family Home
$279,900
01/23/26
3
2
1,280
7115 50TH AVENUE CIRCLE E, Palmetto, FL
0.08
Single-Family Home
$299,999
04/20/26
2
2
1,444
5805 71ST STREET E, Palmetto, FL
0.13
Single-Family Home
$325,000
07/24/26
4
2
1,748
7170 50TH AVENUE CIRCLE E, Palmetto, FL
0.35
Single-Family Home
$360,000
03/17/26
3
2
1,717
5014 72ND STREET E, Palmetto, FL
0.38
Single-Family Home
$308,000
05/12/26
3
2
1,717
7181 50TH AVENUE CIRCLE E, Palmetto, FL
0.41
Single-Family Home
$365,000
06/17/26
3
2
1,713
6104 65TH COURT E, Palmetto, FL
0.42
Single-Family Home
$334,000
04/16/26
3
2
1,274
7220 53RD PLACE E, Palmetto, FL
0.25
Single-Family Home
$265,000
01/16/26
4
2.5
2,012
6342 KENAVA LOOP, Palmetto, FL
0.38
Single-Family Home
$393,500
10/06/25
3
2
2,100
6306 KENAVA LOOP, Palmetto, FL
0.41
Single-Family Home
$347,500
06/23/26
3
2
2,164

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
7023 57TH TERRACE E, Palmetto, FL 34221
0.09
$399,000
4
2
1,752
For Sale
7005 56th Terrace E, Palmetto, FL 34221
0.07
$390,000
3
2
1,779
For Sale
5511 71ST STREET E, Palmetto, FL 34221
0.05
$301,300
3
2
1,444
Off Market
11761 E 71ST TERRACE, Palmetto, FL 34221
0.07
$388,000
5
4
2,771
Off Market
5715 71ST STREET E, Palmetto, FL 34221
0.08
$368,000
3
2
1,672
Off Market
5717 71ST STREET E, Palmetto, FL 34221
0.10
$371,300
3
2
1,607
Off Market
7005 57TH TERRACE E, Palmetto, FL 34221
0.13
$325,600
5
2.5
2,889
Off Market
7117 50TH AVENUE CIRCLE E, Palmetto, FL 34221
0.08
$369,900
3
2
1,700
For Sale
11547 E 71ST TERRACE, Palmetto, FL 34221
0.11
$386,000
4
2.5
2,480
Off Market
7115 50TH AVENUE CIRCLE E, Palmetto, FL 34221
0.08
$299,999
2
2
1,444
Recently Sold
11539 E 71ST TERRACE, Palmetto, FL 34221
0.12
$385,300
4
2.5
2,480
Off Market
5805 71ST STREET E, Palmetto, FL 34221
0.13
$325,000
4
2
1,748
Recently Sold

Local Information

  • Map ViewExplore the area around 7022 56th Ter E.
  • Schools1 Preschool School1 Elementary School2 Middle Schools1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2008
Living Area
1,700 sqft
Price/Sqft
$202
Parking
Garage

About this House

AWC - Taking Backup Offers This 3 bed, 2 bath home in Crystal Lakes exemplifies pride of ownership. The open floor plan with split bedrooms is perfect for families or anybody that has the occasional out of town visitor. New A/C (10 year warranty/transferable) updated pond irrigation, 42" custom kitchen cabinets, and granite are just a few of the updates that will stand out. The Master bathroom with separate toilet stall, Jacuzzi tub, and walk in closet is everything you would want in a master on suite. The over sized lanai is perfect for entertaining and grilling. It''s close to I75, I275, US41, and US19. The area also has some of the best beaches FL has to offer, including: Siesta Key, Holmes Beach, St. Pete Beach, and many more. This is a must see!!
7022 56th Ter E, Palmetto, FL 34221 is a 3 bedroom, 2 bathroom, 1,700 sqft single-family home built in 2008. It last sold for $225,500 on Sep 27, 2016. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $342,900, with a rent estimate of $2,796/month.

Home Details for 7022 56th Ter E

Interior Features

Levels, Entrance, & Accessibility
Stories: 1Floors: Tile, Carpet
Interior Details
Types of Rooms: Walk In Closet, Dining RoomCeiling Fan
Appliances & Utilities
Cable ReadyDishwasherMicrowaveRefrigerator
Heating & Cooling
Air ConditioningCooling System: Central

Exterior Features

Exterior Home Features
Roof: CompositionDeckExterior: Stone, BrickPatioPorch
Parking & Garage
GarageParking Spaces: 2Parking: Carport, Garage Attached

Property Information

Year Built
Year Built: 2008Year Updated: 2011
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 8163 sqft

Price and Tax history

DateEventPrice
Sep 27, 2016
Source: N/A
Sold
$225,500
Aug 5, 2016
Source: Agent Provided
PriceChange
$229,000
Price decreased by 3%
Jul 26, 2016
Source: Agent Provided
PriceChange
$235,000
Price decreased by 2%
Jun 14, 2016
Source: Agent Provided
Listed For Sale
$240,000
Apr 17, 2015
Source: N/A
Sold
$191,000

Market trends in Palmetto

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$350K
$2.85KMoM
Sale-to-List Price
97.7%
0.5%MoM
Price per sq ft
$217
$2MoM
Available listings
415

Around this home

What Locals Say about Palmetto

At least 188 Trulia users voted on each feature.

  • 87 % Say car is needed

  • 86 % Say it's dog friendly

  • 86 % Say parking is easy

  • 82 % Say yards are well-kept

  • 69 % Say there's holiday spirit

  • 67 % Say it's quiet

  • 65 % Say people would walk alone at night

  • 64 % Say kids play outside

  • 62 % Say there are sidewalks

  • 55 % Say neighbors are friendly

  • 49 % Say they plan to stay for at least 5 years

  • 47 % Say there's wildlife

  • 37 % Say streets are well-lit

  • 32 % Say it's walkable to grocery stores

  • 30 % Say there are community events

  • 27 % Say it's walkable to restaurants

Sourced by Trulia users. Learn more about our methodology.
  • La Shawn
    "I do not have any pets to give an opinion. The area is nice. I do see people walking their dogs daily "
    0
    Flag
  • Cgreene911
    "Quiet, Pet friendly. Neighbors are friendly and watch out for each other. There were 2 antagonists but fortunately they sold. The current Board is working hard to meet the requirements for a well maintained community that we can enjoy. Please ignore the previous negative comment. HOA fees are now $244 for the purpose of replenishing reserves that were depleted."
    10
    Flag
  • Janie Z.
    "This is not a friendly community. Very clickish. There are bullies here and those who spy for the owner then report you. Those who call you a friend one day then stab you in the back the next day to join the newest ‘in crowd’. Do yourself a favor, buy elsewhere. "
    5
    Flag
  • Trulia User
    "An old fashioned neighborhood where kids can have a little freedom. Very neighborly, quiet. City park with new play structure and community events"
    0
    Flag
  • Trulia User
    "Food carts, Saturday market, park events like outdoor movies, boating festivals, litter clean-ups, small businesses, pier fishing, soccer, pickle ball "
    0
    Flag
  • J. M.
    "Wonderful location 20 minutes from beautiful ⛱ beaches. The nicest place in Florida to live! Close to 75 and 275 and shopping is great around here with St Armands and University Mall just down a few exits."
    1
    Flag
  • Brittney J.
    "The kind of neighbors you hope you have. That look out for you while you're out of town or pass sugar over the fence. Lots of families in the neighborhood and easy access to the highway. I work in Pinellas county and it's a short commute. "
    2
    Flag
  • Misty V.
    "Easy drive to Tampa/St.Pete/Sarasota and without all the hussle and bussle of being right in a city. "
    7
    Flag
  • Rolandoramos87
    "This is a elderly Mobil home residence. It is a very nice place to live. The zone is friendly, easy to get around and has good access to main roads."
    0
    Flag
  • Pat T.
    "Charter school, grades K-8 within walking distance located in neighborhood. Homes surround Lake Joyce with kayaking and fishing."
    2
    Flag
  • Pat T.
    "No public transportation. However, easy access to I-75 and I-275 to Tampa, St. Petersburg and Sarasota. "
    0
    Flag
  • Jodi R.
    "Neighborhood is very friendly and full of families with kids of all ages. There are local farmers markets also. "
    4
    Flag
  • Monroe B.
    "Lived here for 13 years. Friendly neighbors watching out for each other. A mobile home is not kid friendly "
    1
    Flag
  • Joan S.
    "I just moved here a few months ago & I've visited here many times. Beautiful area by the water. I live in a 55+ community & my neighbors are from everywhere."
    8
    Flag
  • Nisa1980
    "My neighborhood’s commute is safe and steady. No heavy traffic. Transportation always seems cautious. "
    0
    Flag
  • Dollfinzz1
    "It’s easy to commute to St Pete, Sarasota, Or Bradenton. Of course, you need a car or ride share. The public trans is not 24/7.0"
    0
    Flag
  • Malikah M.
    "Great neighborhood, friendly people, close to shopping. Traffic during morning and afternoon commutes."
    3
    Flag
  • Jabart74
    "The fair and art stands, traffic is fair and many stores to shop. Having to cross one of three bridges gets hectic at times."
    0
    Flag
  • Anabel0114
    "Always church events, park events and movies and all the shopping centers around. Great neighborhood! "
    0
    Flag
  • Gary S.
    "Very pleasant and affordable area. Close enough to services and groceries, etc. The people are very nice. "
    2
    Flag
  • britmatany
    "Very few good schools in this area! Few decent parks/playgrounds, but close to great playgrounds in Sarasota."
    3
    Flag
  • ROR
    "Easy to reach i75 North or South. Close to everything. Easy to reach 301 or 41 either North, South or to Anna Maria Island. Traveling to Sarasota is easy as well."
    0
    Flag
  • Mario s
    "Just us visiting. Seems like a wonderful place for recreation and families. We will only be here for a week but looking forward to boating and grilling and having a wonderful time."
    0
    Flag
  • Shaun C.
    "Great neighborhood for pets, kids, etc. Very safe, LOTS of police officers live here. Walk around anytime, day or night. "
    0
    Flag
  • Ralph B.
    "our neighborhood is safe and quiet. peaceful and practical. I enjoy living here. it's a good investment too. "
    3
    Flag
  • Anabel0114
    "It is very family friendly, quite, beautiful, nice scenery, great schools, close to about everything and almost 100% safe. I would reccomend this neighborhood to anyone and I have lived in this area for about 11 years now. "
    0
    Flag
  • Kd9249
    "Nice established community. Great mix of people. Quiet and friendly. Homes are all different. Feel safe walking at night."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 7022 56th Ter E

  • What is 7022 56th Ter E estimated to be worth?
    Trulia's estimated value for 7022 56th Ter E in Palmetto, FL is $342,900.
  • What is the price history for 7022 56th Ter E?
    7022 56th Ter E in Palmetto, FL last sold for $225,500 in September 2016.
  • Is Palmetto a buyer's or seller's market?
    Palmetto is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Palmetto?
    The median sale price in Palmetto is $350K. That is up $2.85K from the prior month.
  • Does 7022 56th Ter E have air conditioning?
    Yes, 7022 56th Ter E in Palmetto, FL has air conditioning.
  • How big is the lot at 7022 56th Ter E?
    The lot at 7022 56th Ter E in Palmetto, FL is about 0.19 acres (8,163 sq ft).

Explore by feature - Pet Friendly

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