NOT LISTED FOR SALE

1004 Riviera Dunes Way Palmetto, FL 34221

Estimated Value: $1,924,000 - $2,969,000

4 Beds
4.5 Baths
5,028 Sq Ft
$498/Sq Ft Est. Value

Last Sold May 04, 2018

Last sale price $1,785,000 $355 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $15,746/month

23 Days on Market

Highlights

  • 112 Feet of Waterfront
  • White Water Ocean Views
  • Boat Lift
  • Marina
  • Dock made with concrete
  • Heated In Ground Pool

About This Home

As of May 2018

Located on one of the largest hurricane sheltered harbors in the state of Florida, with a 50 ft dock in the backyard and deep water access to the Gulf of Mexico. 4 bedrooms, 5 baths, plus office (could be 5th bedroom). Large 20 ft entrance through the front doors. 3 car garage with epoxy flooring. Master suite on the first floor, additional master suite on second floor, complete with bedroom, wet bar, 2 bathrooms, main living area and outdoor covered seating area. Large deep water dock and 15k pound lift. Large irregular shaped pool. Beautiful views from every room. All 3 hvac units have been replaced in last year and a half. New carpet, new exterior light fixtures.

Last Agent to Sell the Property

Frank Viggiano

JAY ALAN REAL ESTATE License #3316674 Listed on: 03/30/2018

Last Buyer's Agent

Lawrence Lonson

NORTH ISLES REALTY License #3276823

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,945

Year Built

  • Built in 2006

Lot Details

  • 0.32 Acre Lot
  • 112 Feet of Waterfront
  • Property Fronts a Bay or Harbor
  • North Facing Home
  • Property is zoned C2

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Circular Driveway
  • Open Parking

Home Design

  • Spanish Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 5,028 Sq Ft Home
  • Furnished
  • Dry Bar
  • Crown Molding
  • Tray Ceiling
  • Cathedral Ceiling
  • Ceiling Fan
  • Sliding Doors
  • Great Room
  • Family Room
  • Separate Formal Living Room
  • Formal Dining Room
  • Den
  • Game Room
  • White Water Ocean Views
  • Laundry in unit
  • Attic

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Spa

Outdoor Features

  • Access To Marina
  • Access to Bay or Harbor
  • Boat Lift
  • Dock made with concrete
  • Dock made with wood
  • Open Dock
  • Dock made with Composite Material
  • Deck
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot
  • Flood Insurance May Be Required

Utilities

  • Zoned Heating and Cooling
  • Heat Pump System
  • Gas Water Heater

Listing and Financial Details

Community Details

Overview

  • Island At Riviera Dunes Community
  • Island At Riviera Dunes Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Marina

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,945

Year Built

Built in 2006

Lot Details

0

HOA Fees

$217 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 5028
  • Lot Size Acres: 0.32
  • New Construction: No
  • Year Built: 2006
  • Building Area Total: 7365
  • Lot Size Sq Ft: 14070
  • Directions to Property: s bound tamiami trl, take left haben blvd, right on riviera dunes way follow to end house on left
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U7852720&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=U7852720&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 1/4 to less than 1/2
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.8925
  • Price per Sq Ft: 355.01
  • Close to Original List Price Ratio: 0.8925
  • Ratio: Current Price\Building Area Total: 242.36
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Appraiser
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Laminate
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Attic, Cathedral Ceiling(s), Ceiling Fans(s), Crown Molding, Dry Bar, Eating Space In Kitchen, Solid Wood Cabinets, Stone Counters, Tray Ceiling(s), Vaulted Ceiling(s)
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: Yes
  • Street Number Modifier: 1004
  • Room Count: 4
  • Additional Rooms: Attic, Den/Library/Office, Family Room, Formal Dining Room Separate, Formal Living Room Separate, Game Room, Great Room
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Direction Faces: North
  • Other Structures: Outdoor Kitchen
  • Pool Features: Gunite, Heated, In Ground
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch
  • Water View: Bay/Harbor - Full
  • Water Access: Bay/Harbor, Marina
  • Water Extras: Dock - Composite, Dock - Concrete, Dock - Open, Dock - Wood, Dock w/Electric, Lift
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0168E
  • Waterfront Frontage: 112
  • Water Frontage Feet Bay Harbor: 112

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Garage Door Opener
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: Gas, Sprinkler Recycled
  • Cooling: Central Air, Zoned
  • Heating: Central, Electric, Heat Pump
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions
  • Association Amenities: Marina
  • Association Fee: 650
  • Association Fee Frequency: Quarterly
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 2600
  • Monthly HOA Fee: 216.67
  • Total Monthly Fees: 216.67

Lot Info

  • Zoning: C2
  • Parcel Number: 2581706929
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, FloodZone
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Minimum Lease: 8-12 Months
  • Approval Process: Please see HOA or Condominium Documents
  • Pet Restrictions: County ordinances and leash laws apply.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please see HOA or Condominium Documents

Tax Info

  • Tax Annual Amount: 26945
  • Tax Book Number: 39-111
  • Tax Lot: 28

Multi Family

  • Waterfront Features: Bay/Harbor

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2018
Closed on
May 2, 2018
Sold by
Smith Philip M and Philip M Smith Revocable Trust
Bought by
Varner Roger and Varner Anna
Seller's Agent
Frank Viggiano
JAY ALAN REAL ESTATE
Buyer's Agent
Lawrence Lonson
NORTH ISLES REALTY
List Price
$2,000,000
Sold Price
$1,785,000
Premium/Discount to List
-$215,000
-10.75%
Current Estimated Value
$2,504,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$719,775
Avg. Annual Appreciation
4.66%
Original Mortgage
$1,785,000
Outstanding Balance
$1,538,712
Interest Rate
4.45%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$966,063

Purchase Details

Listed on
Apr 20, 2011
Closed on
Nov 28, 2012
Sold by
Costides Nick C and Costides Leslie A
Bought by
Smith Philip M and Philip M Smith Revocable Trust
Seller's Agent
Arnie Dufort
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$1,695,000
Sold Price
$1,500,000
Premium/Discount to List
-$195,000
-11.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.26%
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Varner Roger $1,785,000 Attorney
Smith Philip M $1,500,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Varner Roger $1,785,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/04/2018 05/04/18 Sold $1,785,000 -10.8% $355 / Sq Ft
04/15/2018 04/15/18 Pending -- -- --
03/23/2018 03/23/18 For Sale $2,000,000 +33.3% $398 / Sq Ft
11/28/2012 11/28/12 Sold $1,500,000 -11.5% $298 / Sq Ft View Prior Sale
10/29/2012 10/29/12 Pending -- -- --
04/20/2011 04/20/11 For Sale $1,695,000 -- $337 / Sq Ft
Source: Stellar MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $28,707 $1,606,636 -- --
2024 $28,707 $1,561,357 -- --
2023 $28,335 $1,515,881 $0 $0
2022 $27,563 $1,471,729 $0 $0
2021 $26,461 $1,428,863 $0 $0
2020 $27,329 $1,409,135 $360,000 $1,049,135
2019 $29,921 $1,526,903 $360,000 $1,166,903
2018 $29,386 $1,444,239 $318,000 $1,126,239
2017 $26,945 $1,373,969 $0 $0
2016 $25,547 $1,280,422 $0 $0
2015 $22,815 $1,286,671 $0 $0
2014 $22,815 $1,130,294 $0 $0
2013 $22,392 $1,097,373 $250,000 $847,373
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U7852720

Stellar MLS

APN: 25817-0692-9