NOT LISTED FOR SALE

1505 4th St W Palmetto, FL 34221

Estimated Value: $1,333,000 - $1,897,409

5 Beds
3.5 Baths
3,542 Sq Ft
$437/Sq Ft Est. Value

Last Sold February 27, 2018

Last sale price $1,225,000 $346 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $9,634/month

60 Days on Market

Highlights

  • 92 Feet of Waterfront
  • Dock made with wood
  • Boat Lift
  • Water access To Gulf or Ocean
  • Boat Slip Deeded
  • Oak Trees

About This Home

As of February 2018

TIMELESS WATERFRONT MASTERPIECE!!!When you picture historic old Florida under the shade of the majestic live oaks this serene setting on the Manatee River is exactly what comes to mind!Built in 1923 this home is steeped in history & beauty & offers 5 bedrooms, 3.5 bath w/ 3,542 sq ft of living space.Let this home tell it's story as you meander through the rooms. See the details of the past like the authentic picture railing,built-ins & replica pearl push button light switches mixed w/ present day conveniences.The state of the art kitchen meticulously designed w/ beautiful cabinets hand crafted from 400 hundred year old reclaimed cypress logs.The appliances are disguised & appointed w/ historically appropriate hardware.The Sub-Zero refrigerator resembles an icebox of the home’s period & the French Lacanche stove has 5 gas hubs,electric & gas ovens & is a chef’s dream.The downstairs area is perfect for entertaining a large number of guests & includes a stunning dining room,quiet office,a gathering room & an elegant parlor graced w/the original brick fireplace.Upstairs has the original oak floors,spacious bedrooms & period style bathrooms.The home has a 3 car garage w/paver brick aprons crafted from the original City of Palmetto streets.Attached to the garage is a multi purpose flex spaceSit out on the secluded stone patio with pergola to relax at the end of the day.Enjoy cruising the River from your private dock w/direct access to the Gulf of Mexico.This is a rare opportunity to own a piece history!

Last Agent to Sell the Property

Jay Travis

RE/MAX ALLIANCE GROUP License #0690059 Listed on: 12/06/2017

RE/MAX ALLIANCE GROUP

Last Buyer's Agent

Dana Preston

DC PRESTON REAL ESTATE LLC License #3076560

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,838

Year Built

  • Built in 1923

Lot Details

  • 0.93 Acre Lot
  • 92 Feet of Waterfront
  • River Front
  • Mature Landscaping
  • Oak Trees
  • Property is zoned RS2

Parking

  • 3 Car Garage
  • Workshop in Garage
  • Circular Driveway

Home Design

  • Custom Home
  • Traditional Architecture
  • Bi-Level Home
  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior

Interior Spaces

  • 3,542 Sq Ft Home
  • Crown Molding
  • Blinds
  • French Doors
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Inside Utility
  • River Views
  • Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Split Bedroom Floorplan

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • River Access
  • No Fixed Bridges
  • Boat Lift
  • Boat Slip Deeded
  • Dock made with wood
  • Deck
  • Patio
  • Porch

Schools

  • Palmetto Elementary-Mn School
  • Lincoln Middle School
  • Palmetto High School

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Well

Community Details

  • No Home Owners Association
  • Harllee & Kinsman Sub Community
  • Harllees Add To Palmetto P S Subdivision

Listing and Financial Details

  • Homestead Exemption
  • Legal Lot and Block 2 / B
  • Assessor Parcel Number 3095300004

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,838

Year Built

Built in 1923

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Custom, Traditional
  • Construction Materials: Block, Wood Frame
  • Fireplace: Yes
  • Living Area: 3542
  • Lot Size Acres: 0.93
  • New Construction: No
  • Year Built: 1923
  • Building Area Total: 3974
  • Lot Size Sq Ft: 40500
  • Directions to Property: Head over the green bridge and turn left on 4th St.
  • Status: Sold
  • Street Post Direction: W
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Home Warranty Y N: No
  • Call Center Phone Number: 800-746-9464
  • Ratio: Close Price\List Price: 0.94303
  • Price per Sq Ft: 345.85
  • Close to Original List Price Ratio: 0.94303
  • Ratio: Current Price\Building Area Total: 308.25
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2017
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Ceramic Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Attic, Crown Molding, Solid Wood Cabinets, Split Bedroom
  • Appliances Included: Dishwasher, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Window Features: Blinds
  • Street Number Modifier: 1505
  • Room Count: 9
  • Additional Rooms: Attic, Den/Library/Office, Formal Dining Room Separate, Foyer, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Exterior Features: French Doors, Irrigation System
  • Roof: Shingle
  • Pool Private: No
  • View: Water
  • Water Body Name: Manatee River
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Patio, Porch
  • Water View: River
  • Water Access: Bay/Harbor, Gulf/Ocean, Intracoastal Waterway, River
  • Water Extras: Bridges - No Fixed Bridges, Dock - Slip Deeded On-Site, Dock - Wood, Dock w/Electric, Lift
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Flood Zone Panel: 12081C0164E
  • Waterfront Frontage: 92
  • Water Frontage Feet River: 92
  • Disclosures: Seller Property Disclosure

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Circular Driveway, Oversized, Workshop in Garage
  • Covered Parking Spaces: 3
  • Open Parking: No

Utilities

  • Utilities: Sprinkler Recycled
  • Cooling: Central Air, Zoned
  • Heating: Central, Zoned
  • Water Source: Well
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Association Fee Requirement: None
  • Association Approval Required YN: No

Schools

  • Elementary School: Palmetto Elementary-MN
  • High School: Palmetto High
  • Middle Or Junior School: Lincoln Middle

Lot Info

  • Zoning: RS2
  • Parcel Number: 3095300004
  • Additional Parcels: No
  • Lot Features: In County
  • Flood Zone Code: VE
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Lease Restrictions Y N: No

Tax Info

  • Tax Annual Amount: 5838
  • Tax Block: B
  • Tax Book Number: 1-204
  • Tax Lot: 2

Multi Family

  • Waterfront Features: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2017
Closed on
Feb 27, 2018
Sold by
Persson David P and Persson Patricia D
Bought by
Christopher Robert E and Christopher Rhonda C
Seller's Agent
Jay Travis
RE/MAX ALLIANCE GROUP
Buyer's Agent
Dana Preston
DC PRESTON REAL ESTATE LLC
List Price
$1,299,000
Sold Price
$1,225,000
Premium/Discount to List
-$74,000
-5.7%
Current Estimated Value
$1,546,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$321,352
Avg. Annual Appreciation
3.11%

Purchase Details

Closed on
Jun 14, 1996
Sold by
Shpak Symcha and Shpak Joan F
Bought by
Persson David P and Persson Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 1996
Sold by
Shpak Rebecca Miriam
Bought by
Persson David P and Persson Patricia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.94%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Christopher Robert E $1,225,000 Msc Title Inc
Persson David P $197,500 --
Persson David P $197,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Persson David P $300,000
Previous Owner Persson David P $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2018 02/27/18 Sold $1,225,000 -5.7% $346 / Sq Ft
02/05/2018 02/05/18 Pending -- -- --
01/22/2018 01/22/18 For Sale $1,299,000 0.0% $367 / Sq Ft
12/21/2017 12/21/17 Pending -- -- --
12/06/2017 12/06/17 For Sale $1,299,000 -- $367 / 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 $17,525 $988,548 -- --
2024 $17,525 $960,688 -- --
2023 $17,280 $932,707 $0 $0
2022 $16,798 $902,768 $0 $0
2021 $16,057 $876,474 $402,445 $474,029
2020 $17,119 $850,571 $402,445 $448,126
2019 $16,003 $787,884 $306,500 $481,384
2018 $6,211 $337,008 $0 $0
2017 $5,838 $330,076 $0 $0
2016 $5,797 $323,287 $0 $0
2015 $5,758 $321,040 $0 $0
2014 $5,758 $318,492 $0 $0
2013 $5,723 $313,785 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4203738

Stellar MLS

APN: 30953-0000-4