NOT LISTED FOR SALE

1614 4th St E Palmetto, FL 34221

Estimated Value: $423,000 - $1,725,596

3 Beds
3.5 Baths
3,200 Sq Ft
$412/Sq Ft Est. Value

Last Sold July 20, 2024

Last sale price $1,949,000 $609 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $7,619/month

27 Days on Market

Highlights

  • 80 Feet of Riverfront
  • Family Room Off Kitchen
  • Built-In Features
  • In Ground Pool
  • 3 Car Attached Garage
  • Laundry Room

About This Home

As of July 2024

Lee Wetherington Homes award winning Mainstay plan is the ultimate in luxury living. This elegant 3200 square foot plan is the perfect layout. 3 bedrooms with en suite bathrooms including a sumptuous owners retreat. Pool powder bath, den, bonus room, open plan kitchen, dining and great room. Florida Basement and 3 car garage. Features in this custom ready home include ceiling heights that range from 10’ to 13’4”. 10ft sliding glass doors which pocket away in the great room and open to a disappearing corner in the dining room creating a unique marriage between the indoors and the huge outdoor living and dining spaces. GE Monogram appliance package, 42” kitchen cabinets with soft close features, 3cm Cambria quartz countertops, crown molding, extensive recessed LED lighting, 16 SEER AC Systems, Gas tankless water heater with recirculating pump. All impact / insulated / Low-E PGT windows throughout. Designer selected colors and finishes throughout. 2 year Builder & 10 year Structural warranties.
The adventures begin at Sanctuary Cove at Waters Edge. The location is perfect for you to get your fill of the water. So, whether you are a boater or an angler, or both, you can get your fun & fishing on at Sanctuary Cove. The Clubhouse features a resort style pool, fitness center, game room, party room, catering kitchen and gathering room. The clubhouse is available to all residents and is thoughtfully designed to meet all your needs from exercising to relaxation. Sanctuary Cove also boasts its own tranquil beach at the Riverfront Park which is nestled along the banks of the Manatee River where you can relax with friends and family. A riverside kayak launch, fully furnished patio and golf cart parking round out this unique community amenity. Lot 209 is located on the South Marina and can have an optional boat dock added.

Last Agent to Sell the Property

Caroline Wetherington

LEE WETHERINGTON REALTY Brokerage Phone: 949-734-9200 License #3491486 Listed on: 05/23/2024

Last Buyer's Agent

Caroline Wetherington

LEE WETHERINGTON REALTY Brokerage Phone: 949-734-9200 License #3491486 Listed on: 05/23/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,792

Year Built

  • Built in 2024

Lot Details

  • 0.29 Acre Lot
  • 80 Feet of Riverfront
  • River Front
  • South Facing Home
  • Irrigation
  • Property is zoned PDMU

HOA Fees

  • $128 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Stem Wall Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 3,200 Sq Ft Home
  • Built-In Features
  • Family Room Off Kitchen
  • Carpet
  • River Views
  • Laundry Room

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • River Access

Utilities

  • Central Heating and Cooling System
  • Humidity Control
  • Natural Gas Connected

Community Details

  • Built by Lee Wetherington Homes
  • Sanctuary Cove Subdivision

Listing and Financial Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,792

Year Built

Built in 2024

Lot Details

0

HOA Fees

$128 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 3200
  • Lot Size Acres: 0.29
  • New Construction: No
  • Year Built: 2024
  • Building Area Total: 3200
  • Lot Size Sq Ft: 12750
  • Directions to Property: From I-75 take exit 224 for US-301 S Head west on 301 S for 2.8 miles Turn left onto 5th St e Turn right onto 4th St e Property will be 0.6 miles on the right
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Available for Lease YN: 1
  • Escrow State: FL
  • List Office Head Office Key Nume: 1046952
  • Minimum Lease: 6 Months
  • RATIO Current Price By Calculate: 609.06
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number YN: 0
  • Water Access YN: 1
  • Amenities Additional Fees: One time capital contribution of $450
  • MFR_InLawSuiteYN: 0
  • MFR_DockYN: 0
  • Attribution Contact: 949-734-9200
  • Tax Year: 2023
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Built-in Features, Kitchen/Family Room Combo
  • Appliances Included: Dishwasher, Disposal, Ice Maker, Microwave
  • Foundation Details: Stem Wall
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Street Number Modifier: 1614
  • ResoLivingAreaSource: Builder
  • Living Area Meters: 297.29
  • Room Count: 9

Exterior Features

  • Direction Faces: South
  • Pool Features: In Ground
  • Exterior Features: Irrigation System
  • Roof: Tile
  • Pool Private: Yes
  • Water Body Name: MANATEE RIVER
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water Access: River
  • Water Extras YN: 0
  • Water View: River
  • Water View YN: 1
  • Waterfront Feet Total: 80
  • Water Frontage Feet River: 80

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Cooling: Central Air, Humidity Control
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1532
  • Association Fee Frequency: Annually
  • Association Name: TBD
  • Association: Yes
  • Senior Community: No
  • Association 2 YN: 0
  • Association Approval Required YN: 0
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1532.00
  • Total Monthly Fees: 127.67
  • Monthly HOA Amount: 127.67

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1015740459
  • Additional Parcels: No
  • Flood Zone Code: AE
  • Homestead YN: 0
  • Lot Size Square Meters: 1185

Green Features

  • Green Verification Count: 1

Building Info

  • Builder Name: Lee Wetherington Homes

Rental Info

  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA

Tax Info

  • Tax Annual Amount: 5792.18
  • Tax Book Number: 36-51
  • Tax Lot: 209
  • Tax Other Annual Assessment Amount: 1417

Multi Family

  • Waterfront Features: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jul 19, 2024
Sold by
Lee Wetherington Homes Llc
Bought by
Barber Richard Todd and Eisenhauer Kristen Michele
Seller's Agent
Caroline Wetherington
LEE WETHERINGTON REALTY
Buyer's Agent
Caroline Wetherington
LEE WETHERINGTON REALTY
List Price
$1,949,000
Sold Price
$1,949,000
Views
19
Current Estimated Value
$1,317,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$631,851
Avg. Annual Appreciation
-27.66%
Original Mortgage
$1,475,200
Outstanding Balance
$1,457,580
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
-$140,431
Source: Public Records

Range of Values:

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Average Value
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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
Barber Richard Todd $1,844,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Barber Richard Todd $1,475,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2024 07/20/24 Sold $1,949,000 0.0% $609 / Sq Ft
06/20/2024 06/20/24 Pending -- -- --
05/23/2024 05/23/24 For Sale $1,949,000 -- $609 / 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 $6,101 $999,542 $276,250 $723,292
2024 $6,101 $249,900 $249,900 --
2023 $5,792 $229,500 $229,500 $0
2022 $3,231 $225,000 $225,000 $0
2021 $1,170 $100,000 $100,000 $0
2020 $1,182 $100,000 $100,000 $0
2019 $1,084 $90,000 $90,000 $0
2018 $623 $30,000 $30,000 $0
2017 $600 $30,000 $0 $0
2016 $645 $31,800 $0 $0
2015 $651 $31,800 $0 $0
2014 $651 $31,800 $0 $0
2013 $658 $31,800 $31,800 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4611583

Stellar MLS

APN: 10157-4045-9