NOT LISTED FOR SALE

1516 3rd Street Cir E Palmetto, FL 34221

Estimated Value: $505,000 - $554,000

4 Beds
4 Baths
2,848 Sq Ft
$183/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $495,000 $174 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $3,997/month

119 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Fitness Center
  • Water Views
  • Water access To Gulf or Ocean
  • Gated Community

About This Home

As of October 2022

Riviera Dunes is one of the finer waterfront communities in SW Florida. This home has over 2800 sf of living space. The floorplan adjusts to any family's needs. It has 4 bedrooms and 4 full baths with balcony/patio for great views on each of the three levels. FIRST LEVEL can be a guest suite, mother-in-law, office, game room or media center with full bathroom, walk in closet and large bonus room with 2 sliding doors that lead outside. What would you use it for? Features on the SECOND LEVEL are plantation shutters, granite countertops, breakfast bar and gas fireplace in the kitchen/great room area with sliders leading out to balcony. The double door bedroom/office on that level is adjacent to full bath. The PRIVATE ELEVATOR services all 3 levels...THIRD LEVEL has two master suites... master has balcony, dual vanities and separate tub and shower and massive walk-in closet. Convenient laundry room in-between bedrooms. The two car garage has storage and paver drive. No yard to maintain!! More time to enjoy the pool or walking trails!

Riviera Dunes is a gated community with an 80-acre protected marina...boating access leading directly to the Manatee River/Tampa Bay & out to the Gulf of Mexico. Boat slips are available to lease or purchase.(Link in realtor remarks) Location, location...close to Sarasota/Bradenton/St. Pete/Tampa, and easy access to I-75, 275 and 3 airports. If serenity and security and a simple all encompassing lifestyle is on your list of 'must haves', please come take a look.

Last Agent to Sell the Property

Peggy Bunn

EXIT KING REALTY License #0676925 Listed on: 05/25/2022

EXIT KING REALTY

Last Buyer's Agent

Trista Murphy

THE KEYES COMPANY - SARASOTA License #3528793

THE KEYES COMPANY  - SARASOTA

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,209

Year Built

  • Built in 2004

Lot Details

  • 1,999 Sq Ft Lot
  • Property fronts a private road
  • End Unit
  • Northwest Facing Home
  • Mature Landscaping

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Property Views

  • Water
  • Park or Greenbelt

Home Design

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

Interior Spaces

  • 2,848 Sq Ft Home
  • 3-Story Property
  • Cathedral Ceiling
  • Ceiling Fan
  • Electric Fireplace
  • Sliding Doors
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Range
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Brick
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Split Bedroom Floorplan
  • 4 Full Bathrooms

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Water access To Gulf or Ocean
  • River Access
  • Access To Lagoon or Estuary
  • Access To Marina
  • Property is near a marina
  • Balcony
  • Enclosed Patio or Porch
  • Rain Gutters

Schools

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

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Gas Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, cable TV, community pool, escrow reserves fund, fidelity bond, insurance, internet, maintenance structure, ground maintenance, maintenance repairs, manager, pest control, pool maintenance, private road, recreational facilities, security
  • $117 Other Monthly Fees
  • Julie Conway Association, Phone Number (941) 758-9454
  • Ami Association, Phone Number (941) 359-1134
  • Hammocks At Riviera Dunes Community
  • Hammocks At Riviera Dunes Subdivision
  • Association Owns Recreation Facilities
  • The community has rules related to building or community restrictions, deed restrictions
  • Rental Restrictions
  • Greenbelt

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Boat Dock
  • Marina
  • Waterfront Community
  • Tennis Courts
  • Pickleball Courts
  • Fitness Center
  • Community Pool

Pet Policy

  • 2 Pets Allowed
  • Extra large pets allowed

Security

  • Security Service
  • Gated Community
  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,209

Year Built

Built in 2004

Lot Details

0

HOA Fees

$682 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Insurance, Internet, Maintenance Structure, Maintenance Grounds, Maintenance Repairs, Manager, Pest Control, Pool Maintenance, Private Road, Recreational Facilities, Security
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Architectural Style: Spanish/Mediterranean
  • Construction Materials: Block
  • Fireplace: Yes
  • Living Area: 2848
  • Lot Size Acres: 0.05
  • New Construction: No
  • Year Built: 2004
  • Lot Size Sq Ft: 1999
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4536417?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4536417?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Other Fees Amount: 352
  • Property Description: End Unit
  • Ratio: Close Price\List Price: 0.9725
  • Price per Sq Ft: 173.81
  • Close to Original List Price Ratio: 0.86087
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Electric, Living Room
  • Living Area Units: Square Feet
  • Flooring: Brick/Stone, Carpet, Ceramic Tile, Tile
  • Full Bathrooms: 4
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Eating Space In Kitchen, Elevator, High Ceiling(s), Master Bedroom Upstairs, Split Bedroom, Stone Counters, Vaulted Ceiling(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Stories: 3
  • Room Count: 10
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Northwest
  • Exterior Features: Balcony, Rain Gutters, Sidewalk, Sliding Doors, Tennis Court(s)
  • Roof: Tile
  • Pool Private: No
  • Road Frontage Type: Private Road
  • View: Greenbelt, Water
  • Water Body Name: Manatee River
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Patio, Porch, Rear Porch, Screened
  • Road Surface Type: Paved
  • Water Access: Gulf/Ocean, Lagoon, Marina, River
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0168F
  • Additional Water Information: Boat slips may be purchased or rented. Easy access Manatee River/Tampa Bay/Gulf of Mexico
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Off Street
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Fire Hydrant, Natural Gas Connected, Public, Sewer Connected, Sprinkler Recycled, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air, Zoned
  • Heating: Electric, Natural Gas, Zoned
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Association Recreation - Owned, Buyer Approval Required, Deed Restrictions, Fitness, Gated Community, Irrigation-Reclaimed Water, Pool, Sidewalk, Special Community Restrictions, Tennis Courts, Water Access, Waterfront
  • Association Amenities: Cable TV, Clubhouse, Boat Dock, Fitness Center, Gated, Marina, Pickleball Court(s), Pool, Security
  • Association Fee: 1694
  • Association Fee Frequency: Quarterly
  • Association Name: Julie Conway
  • Phone: (941) 758-9454
  • Association: Yes
  • Security: Fire Alarm, Fire Sprinkler System, Gated Community, Security Gate, Security System, Smoke Detector(s)
  • Senior Community: No
  • Other Fees Term: Quarterly
  • Association Email: jconway@cscmsi.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes
  • Association #2 Fee: 352
  • Association #2 Fee Frequency: Quarterly
  • Association: AMI
  • Association Phone #2: 941-359-1134

Fee Information

  • Total Annual Fees: 8184
  • Monthly HOA Fee: 564.67
  • Total Monthly Fees: 682

Schools

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

Lot Info

  • Zoning: PDMU
  • Parcel Number: 2581621589
  • Additional Parcels: No
  • Lot Features: Greenbelt, Near Marina
  • Flood Zone Code: AE
  • Flood Zone Date: 2021-08-10
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Extra Large (101+ Lbs.)
  • Minimum Lease: 3 Months
  • Approval Process: CONTACT HOA
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: CONTACT HOA

Tax Info

  • Tax Annual Amount: 4209
  • Tax Book Number: 44-20
  • Tax Lot: 31

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Oct 28, 2022
Sold by
Hokanson John Edward and Hokanson Kristin
Bought by
Highers Jamie
Seller's Agent
Peggy Bunn
EXIT KING REALTY
Buyer's Agent
Trista Murphy
THE KEYES COMPANY - SARASOTA
List Price
$509,000
Sold Price
$495,000
Premium/Discount to List
-$14,000
-2.75%
Views
5
Current Estimated Value
$522,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,431
Avg. Annual Appreciation
1.69%
Original Mortgage
$297,000
Outstanding Balance
$286,111
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$236,320

Purchase Details

Closed on
Apr 22, 2016
Sold by
Haney James D and Haney Joyce M
Bought by
Hokanson John Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,800
Interest Rate
5.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 6, 2005
Sold by
Rooney James W
Bought by
Haney James D and Haney Joyce M

Purchase Details

Closed on
Nov 3, 2004
Sold by
R D Hammocks Llc
Bought by
Rooney James W
Source: Public Records
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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
Highers Jamie $495,000 Barnes Walker Title
Hokanson John Edward $286,000 Attorney
Haney James D $465,000 --
Rooney James W $380,900 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Highers Jamie $297,000
Previous Owner Hokanson John Edward $228,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/28/2022 10/28/22 Sold $495,000 -2.8% $174 / Sq Ft
09/22/2022 09/22/22 Pending -- -- --
09/15/2022 09/15/22 For Sale $509,000 0.0% $179 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
08/14/2022 08/14/22 Price Changed $509,000 -3.8% $179 / Sq Ft
07/19/2022 07/19/22 Price Changed $529,000 -3.6% $186 / Sq Ft
06/29/2022 06/29/22 Price Changed $549,000 -2.0% $193 / Sq Ft
06/05/2022 06/05/22 Price Changed $560,000 -2.6% $197 / Sq Ft
05/25/2022 05/25/22 For Sale $575,000 -- $202 / 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 $6,993 $413,529 -- --
2023 $6,874 $390,170 $0 $0
2022 $4,463 $262,943 $0 $0
2021 $4,209 $253,372 $0 $0
2020 $4,332 $249,874 $0 $0
2019 $4,250 $287,239 $30,000 $257,239
2018 $4,196 $239,702 $0 $0
2017 $5,408 $268,865 $0 $0
2016 $4,986 $256,258 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4536417

Stellar MLS

APN: 25816-2158-9