NOT LISTED FOR SALE

1050 Riverside Dr Unit A502 Palmetto, FL 34221

Estimated Value: $463,000 - $666,000

2 Beds
2 Baths
2,220 Sq Ft
$650/mo HOA Fee

Last Sold August 21, 2020

Last sale price $390,000 $176 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,542/month

116 Days on Market

Highlights

  • 80 Feet of Waterfront
  • Fitness Center
  • Penthouse
  • Marina View
  • Property is near a marina
  • Open Floorplan

About This Home

As of August 2020

Taking Back Up Offers! Virtual tour links available above. Home is also fully available to be shown. This rarely available penthouse with two large balconies enhance the unobstructed million dollar views of the Manatee River and marina, with no bridges to the west leading to the Gulf of Mexico. Main floor has been nicely updated with neutral colors, waterproof vinyl plank flooring, and porcelain tile in the foyer and guest ensuite bathroom. Guest ensuite bathroom has brand new shower enclosure, granite countertops, two closets, and wood cabinets. Kitchen has a large breakfast bar with pendant lights, white cabinets, stainless steel appliances, granite countertops, soft close drawers, pull out drawers, and two lazy Susan cabinets. Wet bar has large granite countertop, a refrigerator, and extra storage with wood cabinets on both sides. Master suite upstairs, with the option to take the elevator, has an extra large walk-in closet, large vanity, dual sinks, and a spacious walk-in shower. Balcony off the Master suite offers breathtaking views to enjoy your favorite beverage before bedtime. Bonus room upstairs can be used as a den, additional storage, or a hobby room. Peace of mind with solid concrete and metal stud construction, remote controlled storm shutters, and remote retractable awnings. Unit has two AC units and two designated underground garage spaces with additional storage. Enjoy the heated pool, fitness center, library, and two multipurpose rooms. Dues include roof, flood insurance, cable, pest control, exterior maintenance, water, trash, and sewer. Pet friendly & restaurants in walking distance. BOTH AC units are being replaced by May 22nd.

Last Agent to Sell the Property

Margaret Watson

WAGNER REALTY License #664242 Listed on: 03/06/2020

WAGNER REALTY

Last Buyer's Agent

Brenda Boyd May

BOYD REALTY License #0301534

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,150

Year Built

  • Built in 1984

Lot Details

  • 80 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • End Unit
  • North Facing Home
  • Mature Landscaping
  • Irrigation

HOA Fees

  • $650 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Common or Shared Parking
  • Garage Door Opener
  • Guest Parking
  • Open Parking
  • Reserved Parking

Property Views

  • Marina
  • River
  • Pool

Home Design

  • Penthouse
  • Slab Foundation
  • Metal Roof
  • Wood Siding
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,220 Sq Ft Home
  • Open Floorplan
  • Wet Bar
  • Bar Fridge
  • Ceiling Fan
  • Awning
  • Shutters
  • Blinds
  • Rods
  • Sliding Doors
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Bonus Room
  • Storage Room
  • Inside Utility

Kitchen

  • Convection Oven
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Porcelain Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Outdoor Features

  • Property is near a marina
  • Balcony
  • Outdoor Storage
  • Rain Gutters
  • Rear Porch

Location

  • Property is near public transit
  • City Lot

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Thermostat
  • Underground Utilities
  • Electric Water Heater
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include cable TV, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, private road, recreational facilities, security, sewer, trash, water
  • Associa Gulfcoast/Allison Stack Association, Phone Number (877) 322-1560
  • Regatta Pointe Condos
  • Regatta Pointe Condo Community
  • Regatta Pointe Condo Ph I Subdivision
  • On-Site Maintenance
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions
  • Rental Restrictions
  • 6-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Pet Policy

  • Pets up to 20 lbs
  • 2 Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Hurricane or Storm Shutters
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,150

Year Built

Built in 1984

Lot Details

0

HOA Fees

$650 per month

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Construction Materials: Block, Stucco, Wood Siding
  • Fireplace: No
  • Living Area: 2220
  • New Construction: No
  • Year Built: 1984
  • Building Area Total: 2700
  • Directions to Property: From Ellenton, US 301 west across US 41, thru downtown palmetto, left on 10th Ave W, left turn into parking lot. From downtown Bradenton, go north across the Green Bridge, left on Riverside Drive, buildings A & B are on the right, parking behind building.
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4461884?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4461884?w=Customer
  • Floor Number: 5
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Property Description: Corner Unit, Penthouse
  • Ratio: Close Price\List Price: 0.97744
  • Price per Sq Ft: 175.68
  • Close to Original List Price Ratio: 0.93079
  • Ratio: Current Price\Building Area Total: 144.44
  • View: Yes
  • Ownership: Condominium
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2019
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Porcelain Tile, Vinyl
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Thermostat, Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 2
  • Levels: Two
  • Stories: 6
  • Window Features: Blinds, Rods, Shutters, Window Treatments
  • Street Number Modifier: 1050
  • Room Count: 9
  • Additional Rooms: Bonus Room, Den/Library/Office, Great Room, Inside Utility, Storage Rooms
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: North
  • Other Structures: Storage
  • Exterior Features: Awning(s), Balcony, Hurricane Shutters, Irrigation System, Rain Gutters, Sliding Doors, Storage
  • Roof: Metal
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Pool, Water
  • Water Body Name: Manatee River
  • Waterfront: Yes
  • Patio and Porch Features: Rear Porch
  • Road Surface Type: Paved, Asphalt
  • Water View: Marina, River
  • Water View Y N: Yes
  • Water Access Y N: No
  • Water Extras Y N: No
  • Waterfront Frontage: 80
  • Water Frontage Feet River: 40
  • Water Frontage Feet Marina: 40
  • Disclosures: Condominium Disclosure Available, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Common, Covered, Garage Door Opener, Guest, Reserved, Under Building, Underground
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Public, Sewer Available, Sewer Connected, Street Lights, Underground Utilities, Water Available, Water Connected
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, No Truck/RV/Motorcycle Parking, Pool, Waterfront
  • Association Amenities: Cable TV, Elevator(s), Fitness Center, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Security, Storage, Vehicle Restrictions
  • Association Fee: 650
  • Association Fee Frequency: Monthly
  • Association Name: Associa Gulfcoast/Allison Stack
  • Phone: 877-322-1560
  • Association: Yes
  • Security: Key Card Entry, Smoke Detector(s)
  • Senior Community: No
  • Association Email: astack@associagulfcoast.com
  • Condo Land Included Y N: No
  • Complex Community Name NCCB: REGATTA POINTE
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7800
  • Monthly HOA Fee: 650
  • Total Monthly Fees: 650

Lot Info

  • Zoning: PL_CG
  • Parcel Number: 3122101151
  • Additional Parcels: No
  • Lot Features: City Lot, Near Marina, Near Public Transit
  • Property Attached Yn: Yes
  • Flood Zone Code: X,AE
  • Flood Zone Date: 2014-03-17
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Small (16-35 Lbs.)
  • Max Pet Weight: 20
  • Approval Process: Application Fee
  • Pet Restrictions: 2 Dogs, 20 pounds each.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Tenants need to be approved by the board.

Tax Info

  • Tax Annual Amount: 4149.55
  • Tax Lot: A502

Multi Family

  • Waterfront Features: Marina, River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2020
Closed on
Aug 21, 2020
Sold by
Mccollough Newton C and Mccollough Mary S
Bought by
Elie Gregory
Seller's Agent
Margaret Watson
WAGNER REALTY
Buyer's Agent
Brenda Boyd May
BOYD REALTY
List Price
$419,000
Sold Price
$390,000
Premium/Discount to List
-$29,000
-6.92%
Current Estimated Value
$581,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,452
Avg. Annual Appreciation
6.87%
Original Mortgage
$323,000
Outstanding Balance
$287,168
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$260,153

Purchase Details

Closed on
Dec 8, 2016
Sold by
Mccollouh Donna S and Mccollouh Newton C
Bought by
Mcollugh Newton C and Mcollugh Mary E

Purchase Details

Closed on
Feb 27, 2016
Sold by
Nevins Christopher and Cornejo Carrie Ann
Bought by
Mccollough Donna S and Mccollough Newton C

Purchase Details

Closed on
Jul 2, 2001
Sold by
Kurz Robert E and Kurz Louise J
Bought by
Nevins Gary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.17%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Elie Gregory $380,000 Wr Title Services Llc
Mcollugh Newton C $200,000 Wr Title Services Llc
Mccollough Donna S $190,000 Wr Title Services Llc
Nevins Gary $300,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elie Gregory $323,000
Previous Owner Nevins Gary $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2020 08/21/20 Sold $390,000 -2.3% $176 / Sq Ft
06/30/2020 06/30/20 Pending -- -- --
06/28/2020 06/28/20 Price Changed $399,000 -4.8% $180 / Sq Ft
03/06/2020 03/06/20 For Sale $419,000 -- $189 / 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 $9,712 $501,500 -- $501,500
2024 $9,712 $565,250 -- $565,250
2023 $9,559 $531,250 $0 $531,250
2022 $7,883 $392,700 $0 $392,700
2021 $7,568 $369,000 $0 $369,000
2020 $4,243 $225,944 $0 $0
2019 $4,150 $220,864 $0 $0
2018 $4,082 $216,746 $0 $0
2017 $3,833 $212,288 $0 $0
2015 $3,376 $188,332 $0 $0
2014 $3,376 $186,837 $0 $0
2013 $3,237 $184,076 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Margaret Watson

    Seller's Agent in 2020

    Margaret Watson

    WAGNER REALTY

    (941) 928-3535

    6 in this area

    88 Total Sales

    Margaret Watson
    Section Image
  • Brenda Boyd May

    Buyer's Agent in 2020

    Brenda Boyd May

    BOYD REALTY

    (941) 730-8589

    2 in this area

    49 Total Sales

    Brenda Boyd May
    Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4461884

Stellar MLS

APN: 31221-0115-1

Florida Manatee County Palmetto 34221

1050 Riverside Dr Unit A502, Palmetto, FL

This home is located at 1050 Riverside Dr Unit A502, Palmetto, FL 34221 since 06 March 2020 and is currently estimated at $581,452, approximately $261 per square foot. This property was built in 1984. 1050 Riverside Dr Unit A502 is a home located in Manatee County with nearby schools including Palmetto Elementary School, Palmetto High School, and Palmetto Charter School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

Nearby Homes