NOT LISTED FOR SALE

114 12th Ave E Palmetto, FL 34221

Estimated Value: $1,407,000 - $1,541,938

4 Beds
4 Baths
3,619 Sq Ft
$405/Sq Ft Est. Value

Last Sold October 15, 2021

Last sale price $1,175,000 $325 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $9,610/month

13 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Assigned Boat Slip
  • Fitness Center
  • Dock made with concrete
  • Water access To Gulf or Ocean
  • Fishing

About This Home

As of October 2021

Start each day sipping coffee as the sun rises across the Manatee River and catch a glimpse of dolphins playing along the mangrove shores. Incredible long-range views looking straight down the wide river are captured from the open kitchen and family room and really almost every room in the house. When your entertaining friends at the end of the day golden hues of epic sunsets stream across the sky. Your guests will be in awe of one of the finest views in the area. An inviting upper deck is accessed by two bedrooms with glass sliding doors in each room. This elevated perspective makes the view even more magical! The homes kitchen with views of the river has a built-in Sub-Zero refrigerator, two Wolf ovens and a warming drawer. The den in the back of the home features large views of the river plus its own back entrance and bathroom. The oversized three car tandem garage also has an air conditioned storage closet for many seasonal decorations. This beautiful property also conveys with a 40 ft BOAT SLIP. It's the first BOAT SLIP off the parking lot so it is very convenient for taking things on and off the boat, no long walks down the pier. There is also water and electric at the marina. From your boat dock there is only about a 15 minute boat ride to the mouth of the river that opens to the stunning blue and green clear waters of the Gulf of Mexico and Anna Maria Island beaches. There are many restaurants and bars along the Manatee river with boat dockage before you get to the gulf. The community has a pool, club house with fitness center, tennis courts and all overlook the Marina harbor. The community also has a great restaurant and tiki bar with music daily. Just outside the gated entrance of this community is the famous Detwilers Farmers Market where they take pride in offering locally sourced farm to table ingredients. This community is perfectly located close to I-75, just 5 minutes to downtown Bradenton restaurants and events, Sarasota and Tampa and St. Pete. NO CDD fees and low HOA fees. Wake up each day knowing you are living your dream in this true Florida paradise. Plenty of room to add your own outdoor living space!

Last Agent to Sell the Property

Sharon Sprow

COLDWELL BANKER REALTY License #600291 Listed on: 08/11/2021

COLDWELL BANKER REALTY

Co-Listed By

Kerry Langman

COLDWELL BANKER REALTY License #0626616

COLDWELL BANKER REALTY

Last Buyer's Agent

Kerry Langman

COLDWELL BANKER REALTY License #0626616

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,101

Year Built

  • Built in 2002

Lot Details

  • 10,507 Sq Ft Lot
  • 75 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • West Facing Home
  • Property is zoned C2

HOA Fees

  • $139 Monthly HOA Fees

Parking

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

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,619 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Den
  • River Views

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Water access To Gulf or Ocean
  • Property is near a marina
  • Access to Saltwater Canal
  • Boat Port
  • Seawall
  • Minimum Wake Zone
  • Assigned Boat Slip
  • Boat Slip Deeded Off-Site
  • Dock made with concrete
  • Dock made with Composite Material

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Reclaimed Water Irrigation System
  • Flood Insurance May Be Required

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, common area taxes, community pool, escrow reserves fund, fidelity bond, insurance, manager, pool maintenance, private road, recreational facilities
  • Advanced Management Inc./Colleenfletcher Association, Phone Number (941) 359-1134
  • Peninsula At Riviera Dunes Community
  • Peninsula At Riviera Dunes Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,101

Year Built

Built in 2002

Lot Details

0

HOA Fees

$139 per month

Parking

3

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Common Area Taxes, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Manager, Pool Maintenance, Private Road, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3619
  • Lot Size Acres: 0.24
  • New Construction: No
  • Year Built: 2002
  • Lot Size Sq Ft: 10507
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4509076?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4509076?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.90454
  • Price per Sq Ft: 324.68
  • Close to Original List Price Ratio: 0.90454
  • View: Yes
  • Co List Office Mls Id: 266500035
  • Co List Office Phone: 941-739-6777
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Open Floorplan, Solid Wood Cabinets, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Yn: No
  • Stories: 2
  • Window Features: Blinds
  • Room Count: 3
  • Additional Rooms: Den/Library/Office

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Water
  • Water Body Name: Manatee River
  • Waterfront: Yes
  • Road Surface Type: Paved, Asphalt
  • Water View: River
  • Water Access: Canal - Saltwater, Gulf/Ocean
  • Water Extras: Assigned Boat Slip, Boat Port, Dock - Composite, Dock - Concrete, Dock - Slip Deeded Off-Site, Dock w/Electric, Minimum Wake Zone, Sailboat Water, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 75
  • Water Frontage Feet River: 75

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Oversized
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sprinkler Recycled
  • Cooling: Central Air
  • Heating: Electric
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Deed Restrictions, Fishing, Fitness, Gated Community, Golf Carts OK, Irrigation-Reclaimed Water, Pool, Tennis Courts, Water Access, Waterfront
  • Association Fee: 416
  • Association Fee Frequency: Quarterly
  • Association Name: Advanced Management Inc./ColleenFletcher
  • Phone: 941-359-1134
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Email: cfletcher@amiwra.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1664
  • Monthly HOA Fee: 138.67
  • Total Monthly Fees: 138.67

Lot Info

  • Zoning: C2
  • Parcel Number: 2581602679
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, Near Marina, Sidewalk
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 6 Months
  • Approval Process: see HOA doc
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Please check HOA documents and management company for details

Tax Info

  • Tax Annual Amount: 15100.6
  • Tax Book Number: 36-143
  • Tax Lot: 13

Multi Family

  • Waterfront Features: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Oct 14, 2021
Sold by
Semple Andrew and Vo Ngoe Thi
Bought by
Dawson Joseph C and Dawson Jane Arrington
Seller's Agent
Sharon Sprow
COLDWELL BANKER REALTY
Buyer's Agent
Kerry Langman
COLDWELL BANKER REALTY
List Price
$1,299,000
Sold Price
$1,175,000
Premium/Discount to List
-$124,000
-9.55%
Current Estimated Value
$1,465,985

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,985
Avg. Annual Appreciation
5.37%
Original Mortgage
$500,000
Outstanding Balance
$455,953
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$1,010,032

Purchase Details

Listed on
Nov 3, 2020
Closed on
Dec 30, 2020
Sold by
Gardner Daniel and Gardner Margherita
Bought by
Semple Andrew and Vo Ngoc Thi
Seller's Agent
Arthur Paterson, Jr
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Sharon Sprow
COLDWELL BANKER REALTY
List Price
$949,000
Sold Price
$894,000
Premium/Discount to List
-$55,000
-5.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.96%

Purchase Details

Listed on
Aug 1, 2018
Closed on
Jun 12, 2019
Sold by
Janaczek Gary H
Bought by
Gardner Daniel C and Gardner Margherita M
Seller's Agent
Gary Janaczek
CHARLES RUTENBERG REALTY INC
Buyer's Agent
Richard Capps
FINE PROPERTIES
List Price
$899,000
Sold Price
$875,000
Premium/Discount to List
-$24,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.38%
Original Mortgage
$700,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2013
Sold by
Pettinato Frank C and Pettinato Kristen A
Bought by
Janaczek Gary H

Purchase Details

Closed on
Jun 11, 2003
Sold by
1St Dartmouth Homes
Bought by
Pettinato Frank C and Pettinato Kristen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,200
Interest Rate
5.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dawson Joseph C $1,175,000 Attorney
Semple Andrew $894,000 Attorney
Gardner Daniel C $875,000 Alliance Group Title Llc
Janaczek Gary H $600,000 Attorney
Pettinato Frank C $729,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dawson Joseph C $500,000
Previous Owner Gardner Daniel C $700,000
Previous Owner Pettinato Frank C $583,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/15/2021 10/15/21 Sold $1,175,000 -9.5% $325 / Sq Ft
08/24/2021 08/24/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $1,299,000 +45.3% $359 / Sq Ft
01/04/2021 01/04/21 Sold $894,000 -5.8% $247 / Sq Ft View Prior Sale
12/09/2020 12/09/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $949,000 +8.5% $262 / Sq Ft
06/12/2019 06/12/19 Sold $875,000 0.0% $242 / Sq Ft View Prior Sale
06/06/2019 06/06/19 Off Market $875,000 -- --
06/05/2019 06/05/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $899,000 0.0% $248 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
05/21/2019 05/21/19 For Sale $899,000 0.0% $248 / Sq Ft
05/21/2019 05/21/19 Pending -- -- --
05/01/2019 05/01/19 For Sale $899,000 +2.7% $248 / Sq Ft
05/01/2019 05/01/19 Off Market $875,000 -- --
01/01/2019 01/01/19 For Sale $899,000 +2.7% $248 / Sq Ft
01/01/2019 01/01/19 Off Market $875,000 -- --
08/01/2018 08/01/18 For Sale $899,000 -- $248 / 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 $21,759 $1,226,161 -- --
2024 $21,759 $1,190,324 -- --
2023 $21,468 $1,155,654 $0 $0
2022 $15,369 $1,110,276 $0 $0
2021 $14,754 $810,458 $300,000 $510,458
2020 $15,101 $792,701 $0 $0
2019 $16,863 $874,453 $0 $0
2018 $16,704 $858,148 $300,000 $558,148
2017 $15,741 $840,602 $0 $0
2016 $16,557 $868,209 $0 $0
2015 $13,926 $812,983 $0 $0
2014 $13,926 $686,999 $0 $0
2013 $12,390 $644,637 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4509076

Stellar MLS

APN: 25816-0267-9