NOT LISTED FOR SALE

126 12th Ave E Palmetto, FL 34221

Estimated Value: $1,247,000 - $1,652,000

3 Beds
3.5 Baths
3,451 Sq Ft
$412/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $949,000 $275 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $9,830/month

139 Days on Market

Highlights

  • 75 Feet of Waterfront
  • Access To Intracoastal Waterway
  • Home Theater
  • Marina View
  • Fitness Center
  • Heated In Ground Pool

About This Home

As of June 2021

Don't miss your opportunity to buy in this gated boating community! This custom built Marbella floor plan features 3 spacious bedrooms, with additional office with access to the Lanai. You can see custom features throughout starting with the cherry kitchen cabinetry, granite counters, and high end stainless appliances, crown molding and tray ceilings. Low maintenance tile floors flow throughout this open floor plan. The master suite includes his and hers walk in closets, a master bath complete with glass step in shower, soaking tub and dual sinks. Entertaining is a breeze on the screened lanai! Friends and family will envy the outdoor kitchen and free form heated pool and spa that can be seen from nearly every room! When you're not entertaining you can relax in the upper level bonus room outfitted with built ins perfect for any media room. The community also boasts an 88 acre marina to keep your boat (available separately).

Last Agent to Sell the Property

Tracy Jones

GULF SHORES REALTY License #3440872 Listed on: 12/08/2020

GULF SHORES REALTY

Last Buyer's Agent

Shana Hamel

NEXTHOME EXCELLENCE License #3420940

NEXTHOME EXCELLENCE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,687

Year Built

  • Built in 2007

Lot Details

  • 0.26 Acre Lot
  • 75 Feet of Waterfront
  • River Front
  • Street terminates at a dead end
  • West Facing Home
  • Property is zoned C2

HOA Fees

  • $158 Monthly HOA Fees

Parking

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

Property Views

  • Marina
  • Intracoastal
  • River
  • Pool

Home Design

  • Florida Architecture
  • Spanish Architecture
  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,451 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Vaulted Ceiling
  • Gas Fireplace
  • Sliding Doors
  • Combination Dining and Living Room
  • Home Theater
  • Den
  • Bonus Room
  • Washer

Kitchen

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

Flooring

  • Carpet
  • Laminate
  • Porcelain Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Child Gate Fence
  • Auto Pool Cleaner

Outdoor Features

  • Access To Intracoastal Waterway
  • River Access
  • Access To Marina
  • Access to Brackish Water
  • Access to Bay or Harbor
  • Fixed Bridges
  • Property is near a marina
  • Screened Patio
  • Outdoor Kitchen
  • Outdoor Grill
  • Rain Gutters

Location

  • Flood Insurance May Be Required
  • City Lot

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Thermostat
  • Natural Gas Connected
  • Gas Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, ground maintenance, private road
  • Julie Conway Association, Phone Number (941) 758-9454
  • Peninsula At Riviera Dunes Community
  • Peninsula At Riviera Dunes Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Recreation

  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Fishing

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,687

Year Built

Built in 2007

Lot Details

0

HOA Fees

$158 per month

Parking

3

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Maintenance Grounds, Private Road
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Spanish/Mediterranean
  • Construction Materials: Block, Stucco
  • Fireplace: Yes
  • Living Area: 3451
  • Lot Size Acres: 0.26
  • New Construction: No
  • Year Built: 2007
  • Building Area Total: 4549
  • Lot Size Sq Ft: 11347
  • Directions to Property: From I-75 Exit 224 Ellenton go West on Hwy 301 approx 2.5 miles to Haben Blvd. Turn left and proceed through the traffic circle to the gated entrance. Proceed straight to 126 12th Ave E. Home is on the left.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4485626?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4485626?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Planned Unit Development Y N: No
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 274.99
  • Close to Original List Price Ratio: 0.98957
  • Ratio: Current Price\Building Area Total: 208.62
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Gas
  • Living Area Units: Square Feet
  • Flooring: Carpet, Laminate, Porcelain Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Crown Molding, Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Solid Surface Counters, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 2
  • Street Number Modifier: 126
  • Room Count: 10
  • Additional Rooms: Bonus Room, Den/Library/Office, Interior In-Law Suite, Media Room

Exterior Features

  • Direction Faces: West
  • Pool Features: Auto Cleaner, Child Safety Fence, Heated, In Ground
  • Exterior Features: Irrigation System, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Road Frontage Type: Street Dead-End
  • View: Pool, Water
  • Water Body Name: Manatee River
  • Waterfront: Yes
  • Patio and Porch Features: Patio, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View: Intracoastal Waterway, Marina, River
  • Water Access: Bay/Harbor, Brackish Water, Intracoastal Waterway, Marina, River
  • Water Extras: Bridges - Fixed
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0168E
  • 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: Driveway, Garage Door Opener
  • Open Parking: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Cooling: Central Air, Zoned
  • Heating: Central, Exhaust Fans, Natural Gas, Zoned
  • 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, Irrigation-Reclaimed Water, Pool, Sidewalk, Tennis Courts, Water Access, Waterfront
  • Association Fee: 474
  • Association Fee Frequency: Quarterly
  • Association Name: Julie Conway
  • Phone: 941-758-9454
  • Association: Yes
  • Senior Community: No
  • Association Email: jconway@cscmsi.com
  • Condo Land Included Y N: No
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 1896
  • Monthly HOA Fee: 158
  • Total Monthly Fees: 158

Schools

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

Lot Info

  • Zoning: C2
  • Parcel Number: 2581602359
  • Additional Parcels: No
  • Lot Features: Flood Insurance Required, City Lot, Near Marina
  • Property Attached Yn: No
  • Flood Zone Code: AE
  • Flood Zone Date: 2014-03-17

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Number Limit, Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Max Pet Weight: 999
  • Minimum Lease: 1 Month
  • Approval Process: Apply with Association Manager
  • Num Timesper Year: 3
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: N/A

Tax Info

  • Tax Annual Amount: 13686.96
  • Tax Book Number: 36-143
  • Tax Lot: 7

Multi Family

  • Waterfront Features: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2020
Closed on
Jun 11, 2021
Sold by
Riegel Christopher K and Christopher K Riegel Living Tr
Bought by
Glover Ahmad L D and Glover Daniel N
Seller's Agent
Tracy Jones
GULF SHORES REALTY
Buyer's Agent
Shana Hamel
NEXTHOME EXCELLENCE
List Price
$959,000
Sold Price
$949,000
Premium/Discount to List
-$10,000
-1.04%
Current Estimated Value
$1,420,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$471,493
Avg. Annual Appreciation
9.98%
Original Mortgage
$759,200
Outstanding Balance
$683,116
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$737,377

Purchase Details

Closed on
Aug 31, 2015
Sold by
U S Bank Trust Na
Bought by
Riegel Christopher K and The Christopher K Riegel Livin

Purchase Details

Closed on
Aug 25, 2015
Sold by
Rajan Raj T and First Bank
Bought by
Us Bank Trust Na

Purchase Details

Closed on
Feb 4, 2014
Sold by
Rajan Raj T and First Bank
Bought by
Volt Nplix Abn Series 2013-Npl3

Purchase Details

Closed on
Jul 15, 2005
Sold by
Janaczek Gary and Rehmeyer Richard C
Bought by
Rajan Raj T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$987,900
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 22, 2005
Sold by
Riviera Dunes Residential Partners Llc
Bought by
Janaczek Gary and Rehmeyer Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$987,900
Interest Rate
6.37%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 10, 2001
Sold by
W C Riviera Ptnr L C
Bought by
1St Dartmouth Homes
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
Glover Ahmad L D $949,000 Attorney
Riegel Christopher K $670,000 Paramount Title
Us Bank Trust Na -- Attorney
Volt Nplix Abn Series 2013-Npl3 $400,100 Attorney
Rajan Raj T $539,900 Alday Donalson Title Agencie
Janaczek Gary $424,900 Alday Donalson Title Agencie
1St Dartmouth Homes $705,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Glover Ahmad L $263,684
Open Glover Ahmad L D $759,200
Previous Owner Rajan Raj T $200,000
Previous Owner Rajan Raj T $400,000
Previous Owner Rajan Raj T $987,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2021 06/11/21 Sold $949,000 0.0% $275 / Sq Ft
04/20/2021 04/20/21 Pending -- -- --
02/01/2021 02/01/21 Price Changed $949,000 -1.0% $275 / Sq Ft
12/02/2020 12/02/20 For Sale $959,000 -- $278 / 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 $23,907 $1,312,524 $359,975 $952,549
2024 $23,907 $1,323,208 $359,975 $963,233
2023 $22,380 $1,242,507 $268,600 $973,907
2022 $13,476 $1,019,120 $180,000 $839,120
2021 $12,937 $673,152 $175,000 $498,152
2020 $13,687 $680,227 $175,000 $505,227
2019 $14,308 $705,693 $175,000 $530,693
2018 $14,128 $689,859 $175,000 $514,859
2017 $13,412 $679,574 $0 $0
2016 $14,140 $705,022 $0 $0
2015 $11,467 $668,871 $0 $0
2014 $11,467 $564,363 $0 $0
2013 $10,739 $522,558 $158,200 $364,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4485626

Stellar MLS

APN: 25816-0235-9