NOT LISTED FOR SALE

124 12th Ave E Palmetto, FL 34221

Estimated Value: $1,266,000 - $1,490,000

3 Beds
2.5 Baths
3,107 Sq Ft
$457/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $1,150,000 $370 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,953/month

12 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Assigned Boat Slip
  • Boat Lift
  • Dock made with concrete
  • River Access
  • Fitness Center

About This Home

As of November 2021

Wake up to beautiful sunrises across the Manatee River and take in all the lush greenery of the mangroves lining the edge of the waterway behind your new home. Your large screened lanai is shady and cool in the evenings and a perfect spot to enjoy an ice cold refreshment or the fresh catch of the day on the grill. Upon entering the home you will enjoy an open floor plan perfect for entertaining or enjoying a relaxing evening in. Gorgeous new quartzite countertops, stainless steel appliances, and a cool backsplash behind the range make this kitchen show like a model home. Formal dining room and living rooms can be found just inside the front door on either side of the open foyer, giving these spaces an open and airy feel. Located on the east side of the home, the owners’ suite will enjoy plenty of morning light, a large walk in closet, dual vanities, a soaking tub, walk-in shower, and separate water closet with a bidet. On the other side of the home are two large bedrooms, a full bathroom with a walk-in shower, as well as the laundry room and two enormous storage closets. Just outside the 3-car garage is a 2018 whole house generator complete with a maintenance agreement. Two newer A/C units, new water heater, and a newer water softener should put any new homeowner’s mind at ease. This immaculate home is located in the quiet gated community of Riviera Dunes and boasts a deeded boat dock along with a 16,000-lb boat lift located in one of the safest harbor marinas on the gulf coast. 15 minutes from your boat dock to the mouth of the river that opens to the stunning blue-green waters of the Gulf of Mexico and Anna Maria Island beaches. Riviera Dunes community amenities overlooking the marina include a heated pool, club house with fitness center, and tennis/pickle ball courts. The community also has a great restaurant and tiki bar with live music daily. Perfectly nestled between St. Pete and Sarasota, you will enjoy close access to I-75, and just 5 minutes to downtown Bradenton restaurants and events. NO CDD fees and low HOA fees. Come enjoy a casual coastal luxury home at its finest! Schedule your private tour today!

Last Agent to Sell the Property

Brandy Coffey

KELLER WILLIAMS ISLAND LIFE REAL ESTATE License #3340741 Listed on: 09/13/2021

KELLER WILLIAMS ISLAND LIFE REAL ESTATE

Last Buyer's Agent

Mike Ryan

FLORIDA REAL ESTATE TEAM, INC. License #0680899

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,485

Year Built

  • Built in 2004

Lot Details

  • 0.26 Acre Lot
  • 75 Feet of Waterfront
  • Property fronts a saltwater canal
  • Near Conservation Area
  • West Facing Home
  • Level Lot
  • Irrigation
  • Landscaped with Trees
  • Property is zoned C2

HOA Fees

  • $139 Monthly HOA Fees

Parking

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

Home Design

  • Florida Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 3,107 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Blinds
  • Drapes & Rods
  • Great Room
  • Family Room Off Kitchen
  • Separate Formal Living Room
  • Storage Room
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Outdoor Features

  • River Access
  • Access To Marina
  • Property is near a marina
  • Access to Saltwater Canal
  • Dock has access to water
  • Boat Lift
  • Assigned Boat Slip
  • Dock made with concrete
  • Covered Patio or Porch

Schools

  • James Tillman Elementary School
  • Lincoln Middle School
  • Palmetto High School

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Natural Gas
  • Thermostat
  • Underground Utilities
  • Power Generator
  • Natural Gas Connected
  • Gas Water Heater
  • Water Softener
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool maintenance, private road, recreational facilities, security
  • Advanced Management / Colleen Fletcher Association, Phone Number (941) 359-1134
  • Peninsula At Riviera Dunes Community
  • Riviera Dunes Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Recreation Facilities
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,485

Year Built

Built in 2004

Lot Details

0

HOA Fees

$139 per month

Parking

3

Listing Details

  • HOA Fee Includes: Pool Maintenance, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida
  • Construction Materials: Block, Concrete
  • Fireplace: Yes
  • Living Area: 3107
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 4137
  • Lot Size Sq Ft: 11177
  • Directions to Property: From 301 head South on Haben Blvd. At roundabout go straight (onto 12th Ave E). Home is on left.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4512084?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4512084?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.95833
  • Price per Sq Ft: 370.13
  • Close to Original List Price Ratio: 0.95833
  • Ratio: Current Price\Building Area Total: 277.98
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Hardwood
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Eating Space In Kitchen, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Stone Counters, Thermostat, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Gas Water Heater, Microwave, Refrigerator, Washer, Water Softener
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Other Equipment: Generator
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds, Drapes, Rods, Window Treatments
  • Street Number Modifier: 124
  • Room Count: 6
  • Additional Rooms: Family Room, Formal Living Room Separate, Great Room, Storage Rooms

Exterior Features

  • Direction Faces: West
  • Exterior Features: Irrigation System
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Saltwater, Marina, River
  • Water Extras: Assigned Boat Slip, Dock - Concrete, Dock w/Electric, Dock w/Water Supply, Lift
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 75
  • Water Frontage Feet Canal Salt: 75
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Natural Gas
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Fitness Center, Gated, Recreation Facilities, Tennis Court(s)
  • Association Fee: 416
  • Association Fee Frequency: Quarterly
  • Association Name: Advanced Management / Colleen Fletcher
  • Phone: 941-359-1134
  • Association: Yes
  • Security: Security System Owned, Smoke Detector(s)
  • 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

Schools

  • Elementary School: James Tillman Elementary
  • High School: Palmetto High
  • Middle Or Junior School: Lincoln Middle

Lot Info

  • Zoning: C2
  • Parcel Number: 2581602429
  • Additional Parcels: No
  • Lot Features: Conservation Area, In County, Level, Near Marina
  • Flood Zone Code: X

Rental Info

  • Pets Allowed: Number Limit, Yes
  • Minimum Lease: 7 Months
  • Approval Process: Copy of lease must be submitted to association for approval long with $75 fee. It can take up to 30 days to get approval.
  • Pet Restrictions: See Covenants for details
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See covenants for details

Tax Info

  • Tax Annual Amount: 11484.96
  • Tax Book Number: 36-143
  • Tax Lot: 8

Multi Family

  • Waterfront Features: Canal - Saltwater

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2021
Closed on
Oct 28, 2021
Sold by
Betz Kenneth M and Betz Christine A
Bought by
Barhorst Raymond and Barhorst Sharon
Seller's Agent
Brandy Coffey
KELLER WILLIAMS ISLAND LIFE REAL ESTATE
Buyer's Agent
Mike Ryan
FLORIDA REAL ESTATE TEAM, INC.
List Price
$1,200,000
Sold Price
$1,150,000
Premium/Discount to List
-$50,000
-4.17%
Current Estimated Value
$1,419,010

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$269,010
Avg. Annual Appreciation
5.66%
Original Mortgage
$920,000
Outstanding Balance
$843,520
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$575,490

Purchase Details

Closed on
Jun 17, 2014
Sold by
Betz Kenneth M and Betz Christine A
Bought by
Irrev Kenneth M and Irrev Christine A Betz Joint

Purchase Details

Closed on
Nov 21, 2003
Sold by
First Lexington Land Holdings L L C
Bought by
Betz Kenneth M and Betz Christine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,350
Interest Rate
6.04%
Source: Public Records

Range of Values:

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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
Barhorst Raymond $1,150,000 Barnes Walker Title Inc
Irrev Kenneth M -- Attorney
Betz Kenneth M $144,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barhorst Raymond $920,000
Previous Owner Betz Kenneth M $417,000
Previous Owner Betz Kenneth M $100,000
Previous Owner Betz Kenneth M $547,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2021 11/05/21 Sold $1,150,000 -4.2% $370 / Sq Ft
09/25/2021 09/25/21 Pending -- -- --
09/13/2021 09/13/21 For Sale $1,200,000 -- $386 / 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 $13,702 $782,155 -- --
2024 $13,702 $760,112 -- --
2023 $13,505 $737,973 $0 $0
2022 $5,764 $716,479 $0 $0
2021 $5,764 $618,989 $0 $0
2020 $11,485 $610,443 $0 $0
2019 $11,256 $594,324 $0 $0
2018 $11,144 $583,242 $0 $0
2017 $5,266 $556,789 $0 $0
2016 $10,155 $545,337 $0 $0
2015 $10,105 $541,546 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4512084

Stellar MLS

APN: 25816-0242-9