NOT LISTED FOR SALE

1225 3rd Street Dr E Palmetto, FL 34221

Estimated Value: $556,425 - $672,000

3 Beds
4 Baths
2,848 Sq Ft
$216/Sq Ft Est. Value

Last Sold June 30, 2021

Last sale price $449,900 $158 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,466/month

27 Days on Market

Highlights

  • 100 Feet of Waterfront
  • Boat Dock
  • Boat Slip Deeded
  • Marina
  • River Access
  • Fitness Center

About This Home

As of June 2021

A Natural Oasis on the Manatee River! Greet each Sunrise from one of three patio levels all overlooking beautifully manicured mangroves, the river and a man-made lagoon where dolphin and manatee sightings are to be expected! This is a nature lovers dream! Geese, songbirds, hawks, heron and many other species all call this area home! This 3 Bedroom, 4 Bath home boasts 2 Master Suites with Walk in Closets, and a Best-View patio from the larger bedroom. A separate living area occupies its own floor and is anchored by a stone enclosed gas fireplace for those cool, wind-off-the-river Florida evenings! A bonus room on the ground floor can easily be converted into a dream teen space, a gorgeous game room, an in-law suite, a home based business or just extra entertainment space as it is currently outfitted with a wet bar. All 3 floors are connected by an oversized 4 person elevator. This is an end unit so you will enjoy walls and walls of morning sunshine and a more open floor plan. Riviera Dunes Hammocks is a digitally monitored gated community of just 80 homes with access to personal boat slips, a gym styled clubhouse, a tournament sized tennis court, a lagoon inspired swimming pool and a 2nd one overlooking boat docks and perfect sunsets! And as if that wasn't enough! Enjoy a beautiful walking path surrounded by the majestic and serene Manatee River, which also allows boaters direct access to the Gulf of Mexico! Don't wait on this one! Owner is looking to SELL!

Last Agent to Sell the Property

Ty Bruno

HORIZON REALTY INTERNATIONAL License #3076627 Listed on: 05/07/2021

HORIZON REALTY INTERNATIONAL

Last Buyer's Agent

Ty Bruno

HORIZON REALTY INTERNATIONAL License #3076627 Listed on: 05/07/2021

HORIZON REALTY INTERNATIONAL

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,224

Year Built

  • Built in 2005

Lot Details

  • 1,760 Sq Ft Lot
  • 100 Feet of Waterfront
  • River Front
  • End Unit
  • North Facing Home

HOA Fees

  • $635 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Tri-Level Property
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,848 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • River Views

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • River Access
  • Property is near a marina
  • Boat Slip Deeded
  • Balcony
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, common area taxes, community pool, escrow reserves fund, insurance, maintenance structure, ground maintenance, pool maintenance
  • Julie Conway Association, Phone Number (941) 758-9454
  • Hammocks At Riviera Dunes Community
  • Hammocks At Riviera Dunes Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Boat Dock
  • Marina
  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Additional Features

  • Gated Community
  • Elevator

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,224

Year Built

Built in 2005

Lot Details

0

HOA Fees

$635 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Common Area Taxes, Community Pool, Escrow Reserves Fund, Insurance, Maintenance Structure, Maintenance Grounds, Pool Maintenance
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: Stucco
  • Fireplace: Yes
  • Living Area: 2848
  • Lot Size Acres: 0.04
  • New Construction: No
  • Year Built: 2005
  • Lot Size Sq Ft: 1760
  • Directions to Property: Drive West on Hwy 301 from I-75. Turn Left on Haben Blvd. and travel South to Roundabout. 2nd Exit to Guard Gate of Riviera Dunes Hammocks
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4498998?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4498998?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Property Description: End Unit
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 157.97
  • Close to Original List Price Ratio: 1
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Elevator
  • Appliances Included: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Street Number Modifier: 1225
  • Room Count: 3
  • Additional Rooms: Interior In-Law Suite

Exterior Features

  • Direction Faces: North
  • Exterior Features: Balcony
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Asphalt
  • Water View: River
  • Water Access: River
  • Water Extras: Dock - Slip Deeded On-Site
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0168E
  • Waterfront Frontage: 100
  • Water Frontage Feet River: 100

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • Open Parking: No

Utilities

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

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Fitness, Gated Community, Pool, Water Access, Waterfront
  • Association Amenities: Boat Dock, Fitness Center, Gated, Maintenance, Marina, Pool, Recreation Facilities, Tennis Court(s)
  • Association Fee: 635
  • Association Fee Frequency: Monthly
  • Association Name: Julie Conway
  • Phone: 941-758-9454
  • Association: Yes
  • Senior Community: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 7620
  • Monthly HOA Fee: 635
  • Total Monthly Fees: 635

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2581622829
  • Additional Parcels: No
  • Lot Features: Near Marina
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Approval Process: See HOA Rules
  • Num Timesper Year: 4
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA Rules

Tax Info

  • Tax Annual Amount: 5224
  • Tax Book Number: 44-20
  • Tax Lot: 56

Multi Family

  • Waterfront Features: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 30, 2021
Sold by
Nixon Jocelyn
Bought by
Loescher Todd and Loescher Tammie
Seller's Agent
Ty Bruno
HORIZON REALTY INTERNATIONAL
Buyer's Agent
Ty Bruno
HORIZON REALTY INTERNATIONAL
List Price
$449,900
Sold Price
$449,900
Current Estimated Value
$614,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,956
Avg. Annual Appreciation
8.91%
Original Mortgage
$359,920
Outstanding Balance
$284,029
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$358,688

Purchase Details

Closed on
Apr 21, 2017
Sold by
Groves Barbara
Bought by
Nixon Jocelyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2005
Sold by
R D Hammocks Llc
Bought by
Groves Barbara
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
Loescher Todd $449,900 Stewart Title Company
Nixon Jocelyn $360,000 Horizon Title
Groves Barbara $439,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loescher Todd $359,920
Previous Owner Nixon Jocelyn $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2021 06/30/21 Sold $449,900 0.0% $158 / Sq Ft
06/02/2021 06/02/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $449,900 0.0% $158 / Sq Ft
05/12/2021 05/12/21 Off Market $449,900 -- --
05/06/2021 05/06/21 For Sale $449,900 -- $158 / 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 $5,861 $351,300 -- --
2024 $5,861 $341,399 -- --
2023 $5,717 $329,433 $0 $0
2022 $5,010 $391,096 $35,000 $356,096
2021 $4,810 $285,114 $0 $0
2020 $5,224 $294,858 $35,000 $259,858
2019 $5,462 $304,821 $35,000 $269,821
2018 $6,195 $297,607 $35,000 $262,607
2017 $5,442 $274,853 $0 $0
2016 $5,131 $263,097 $0 $0
2015 $4,341 $221,808 $0 $0
2014 $4,341 $209,053 $0 $0
2013 $4,070 $193,568 $30,700 $162,868
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4498998

Stellar MLS

APN: 25816-2282-9