NOT LISTED FOR SALE

1050 Riverside Dr Unit A102 Palmetto, FL 34221

Estimated Value: $291,155 - $320,000

2 Beds
2 Baths
1,435 Sq Ft
$575/mo HOA Fee

Last Sold November 05, 2012

Last sale price $124,000 $86 Per Sq Ft

Est. 146% increase in value since last sale

Current estimated payment $2,615/month

97 Days on Market

Highlights

  • River Access
  • The property is located in a historic district
  • 1.95 Acre Lot
  • Spa
  • River View
  • Property is near public transit

About This Home

As of November 2012

Great buy in a waterfront condo! This rarely available 2 bedroom, 2 bath, turnkey furnished unit is located along the Manatee Riverfront, just across from the Regatta Pointe Marina. With over 1400 square feet, this condo has an eat-in kitchen, an open balcony with great views of the river and beautiful Florida sunsets. Each unit has a designated garage parking space with individual storage closet. Additional guest parking is available. Building access is through a secured common lobby area. This property is ideal for both full-time or part-time residents. Conveniently located to great shopping, restaurants, medical facilities, area beaches, and easy access to I-75. "As is' with right to inspect.

Last Agent to Sell the Property

Pat Palmeri-Bates

LIMBO COMPANY SARASOTA ASSOC License #3087721 Listed on: 07/09/2012

Last Buyer's Agent

Jayne DiGiovanni-Carter

TIM LESTER INTERNAT'L REALTY License #0665391

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,814

Year Built

  • Built in 1984

Lot Details

  • Mature Landscaping
  • Zero Lot Line

HOA Fees

  • $575 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • Open Parking

Home Design

  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 1,435 Sq Ft Home
  • Furnished
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Separate Formal Living Room
  • Inside Utility
  • River Views

Kitchen

  • Eat-In Kitchen
  • Range
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Spa
  • River Access
  • Balcony

Location

  • Flood Zone Lot
  • Property is near public transit
  • The property is located in a historic district
  • City Lot

Schools

  • Lincoln Middle School
  • Palmetto High School

Utilities

  • Central Air
  • Heating Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, pest control, recreational facilities, sewer, trash, water
  • High-Rise Condominium
  • Regatta Pointe Condo Community
  • Regatta Pointe Condo Ph I Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • 5-Story Property

Recreation

  • Recreation Facilities
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Fire and Smoke Detector

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,814

Year Built

Built in 1984

Lot Details

0

HOA Fees

$575 per month

Parking

1

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Pest Control, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 1435
  • Lot Size Acres: 1.95
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 1435
  • Lot Size Sq Ft: 85135
  • Directions to Property: From Bradenton go over the bridge leading to Downtown Palmetto. Turn left at Riverside Dr. and go to Regatta Point Bldg A.
  • Status: Sold
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5830357&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=M5830357&cview=true&show_results=true&customer_portal=true
  • Floor Number: 2
  • Homestead Y N: No
  • Total Acreage: 1 to less than 2
  • Home Warranty Y N: No
  • Subdivision Num: 3122100
  • Property Description: High Rise
  • Ratio: Close Price\List Price: 0.89209
  • Price per Sq Ft: 86.41
  • Close to Original List Price Ratio: 0.89209
  • Ratio: Current Price\Building Area Total: 86.41
  • View: Yes
  • Ownership: Condominium,Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2011
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Elevator, High Ceiling(s), Split Bedroom, Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Range, Refrigerator, Trash Compactor, Washer
  • Foundation Details: Stem Wall
  • Total Bedrooms: 2
  • Levels: Three Or More
  • Spa Yn: Yes
  • Stories: 5
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 1050
  • Room Count: 3
  • Additional Rooms: Formal Living Room Separate, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: Balcony, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Water Body Name: Manatee River
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: River
  • Water Access: River
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage Door Opener, Guest, Secured, Underground
  • Covered Parking Spaces: 1
  • Open Parking: Yes

Utilities

  • Utilities: Cable Available, Cable Connected, Electricity Connected, Public
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Pool
  • Association Amenities: Elevator(s), Maintenance, Recreation Facilities, Security
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Secured Garage/Parking, Smoke Detector(s)
  • Condo Fees: 575
  • Condo Fees Term: Monthly
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 6900
  • Total Monthly Fees: 575

Schools

  • High School: Palmetto High
  • Middle Or Junior School: Lincoln Middle

Lot Info

  • Zoning: CG
  • Parcel Number: 3122100153
  • Additional Parcels: No
  • Lot Features: FloodZone, Historic District, City Lot, Near Public Transit, Zero Lot Line
  • Millage Rate: 20.07
  • Future Land Use: 0400
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Furnished
  • Pets Allowed: Yes
  • Expected Lease Date: 2012-11-05T05:00:00.000Z

Tax Info

  • Tax Annual Amount: 1814
  • Tax Book Number: 0014/0073
  • Tax Lot: A102

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 26, 2022
Sold by
Thomas Karin S
Bought by
Thomas Living Trust
Current Estimated Value
$304,539

Purchase Details

Listed on
Jul 9, 2012
Closed on
Nov 5, 2012
Sold by
Gould Leo J and Leo J Gould Revocable Trust
Bought by
Thomas John S and Thomas Karin S
Seller's Agent
Pat Palmeri-Bates
LIMBO COMPANY SARASOTA ASSOC
Buyer's Agent
Jayne DiGiovanni-Carter
TIM LESTER INTERNAT'L REALTY
List Price
$124,000
Sold Price
$124,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.21%
Original Mortgage
$93,000
Interest Rate
3.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2005
Sold by
Gould Leo J and Gould Joy L
Bought by
Gould Leo J and Gould Joy L

Purchase Details

Closed on
Mar 26, 1996
Sold by
Webb Frank
Bought by
Gould Leo J and Gould Joy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,600
Interest Rate
6.9%
Source: Public Records

Range of Values:

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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
Thomas Living Trust -- Eskanos Danny E
Thomas John S $124,000 Cornerstone Title & Settleme
Gould Leo J -- --
Gould Leo J $110,800 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Thomas John S $93,000
Previous Owner Gould Leo J $99,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2012 11/05/12 Sold $124,000 0.0% $86 / Sq Ft
10/15/2012 10/15/12 Pending -- -- --
07/09/2012 07/09/12 For Sale $124,000 -- $86 / 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 $5,098 $259,250 -- $259,250
2024 $5,098 $289,000 -- $289,000
2023 $4,779 $272,000 $0 $272,000
2022 $4,083 $201,600 $0 $201,600
2021 $3,772 $189,000 $0 $189,000
2020 $1,436 $103,880 $0 $0
2019 $1,394 $101,544 $0 $0
2018 $1,363 $99,651 $0 $0
2017 $1,261 $97,601 $0 $0
2016 $1,239 $95,594 $0 $0
2015 $1,220 $94,929 $0 $0
2014 $1,220 $94,176 $0 $0
2013 $1,166 $92,784 $1 $92,783
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: M5830357

Stellar MLS

APN: 31221-0015-3