NOT LISTED FOR SALE

1615 57th Terrace W Palmetto, FL 34221

Estimated Value: $598,000 - $1,431,271

0.89 Acre
$1,140,040 Price per Acre
38,768 Sq Ft Lot

Last Sold May 23, 2018

Last sale price $830,000 $659 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,099/month

125 Days on Market

Highlights

  • Boathouse
  • White Water Ocean Views
  • Dock made with wood
  • 145 Feet of Riverfront
  • Private Beach
  • 0.89 Acre Lot

About This Lot

As of May 2018

Prime Riverfront LOT with three bedroom/two bath block home situated directly on the northern banks of the MANATEE RIVER on Snead Island, a unique slice of undiscovered "Old Florida" just minutes to St. Petersburg, Sarasota and Bradenton, yet world's away away from the hustle and bustle. This .89 acre ESTATE-SIZED parcel has 145+/- feet of river frontage where the Manatee River opens up into Tampa Bay, and the Gulf-of-Mexico beyond, offering unlimited fishing and boating opportunities, gorgeous sunset views, and private enjoyment of the coveted Florida Gulfcoast lifestyle. This parcel has a distinct "tropical" feel with stately palms, a sandy beach area and the perfect spot for a firepit and backyard pool. Move right in this carefree block home and start enjoying the laidback island waterfront lifestyle, or make plans to build the house of your dreams. Adjoining this magnificent parcel is the unspoiled 365-acre Emerson Point Preserve which has miles of biking and walking trails and countless ways to enjoy nature at it's finest. Snead Island is home to the Bradenton Yacht Club with it's fun atmosphere of dining and socializing amidst a first-class marina and riverside pool complex complete with tiki bar and tennis courts...arrive by golf cart, boat or car and join the party!

Last Agent to Sell the Property

Jordan Chancey, PA

MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC License #3140532 Listed on: 12/08/2017

MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC

Co-Listed By

Sarah Whisnant

MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC License #3110315

Last Buyer's Agent

Maureen Johnson

KW PEACE RIVER PARTNERS License #3174174

KW PEACE RIVER PARTNERS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,622

Lot Details

  • 0.89 Acre Lot
  • Lot Dimensions are 252x124
  • 145 Feet of Riverfront
  • River Front
  • Property fronts a county road
  • Private Beach
  • Northeast Facing Home
  • Private Lot
  • Oversized Lot
  • Wooded Lot
  • 2 Lots in the community
  • Additional Parcels
  • Property is zoned RSF3 RSF

Property Views

  • White Water Ocean
  • Beach
  • River

Home Design

  • Fixer Upper

Utilities

  • Well
  • Septic Needed
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 2972200159

Community Details

Overview

  • No Home Owners Association
  • Snead Island Subdivision

Recreation

  • River Access
  • Boathouse
  • Dock made with wood

Property Details

Property Type

Land

Est. Annual Taxes

$4,622

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Condition: Fixer
  • Property Sub Type: Residential
  • Lot Size Acres: 0.89
  • Lot Size Sq Ft: 39057
  • Number Of Lots: 2
  • Status: Sold
  • Street Post Direction: W
  • Co List Office Mls Id: MFR266509058
  • Co List Office Phone: 941-758-7777
  • Ownership: Fee Simple
  • RATIO Current Price By Calculate: 21.25
  • Total Acreage: 1/2 Acre to 1 Acre
  • Water Access YN: 1
  • Tax Year: 2017
  • Special Features: None

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Boat House
  • Home Warranty: No
  • Road Frontage Type: County Road
  • View: Water
  • Water Body Name: MANATEE RIVER
  • Waterfront: Yes
  • Water Access: Beach - Private,River
  • Water Extras: Boathouse,Dock - Wood,Dock w/Electric
  • Water View: Bay/Harbor - Full,Beach,River
  • Water View YN: 1
  • Waterfront Feet Total: 145
  • Flood Zone Panel: 12081C0144E
  • Water Frontage Feet River: 145

Utilities

  • Utilities: Cable Available
  • Sewer: Septic Needed
  • Water Source: Well

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RSF3 RSF
  • Parcel Number: 2972200159
  • Additional Parcels: Yes
  • Current Use: Single Family
  • Lot Features: Buildable, CoastalConstruction Control Line, In County, Oversized Lot, Private
  • Lot Dimensions: 252x124
  • Flood Zone Code: VE
  • Current Adjacent Use: Park,Residential

Tax Info

  • Tax Annual Amount: 4622
  • Tax Book Number: 1-127
  • Tax Lot: 1

Multi Family

  • Waterfront Features: River Front

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2017
Closed on
May 23, 2018
Sold by
Garland Thomas A
Bought by
Stone Sandra
Seller's Agent
Jordan Chancey, PA
MATTHEW GUTHRIE AND ASSOCIATES REALTY LLC
Buyer's Agent
Maureen Johnson
KW PEACE RIVER PARTNERS
List Price
$850,000
Sold Price
$830,000
Premium/Discount to List
-$20,000
-2.35%
Current Estimated Value
$1,302,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$472,233
Avg. Annual Appreciation
2.74%

Purchase Details

Closed on
Jul 23, 2014
Sold by
Stathis Lucinda M and Garland Thomas A
Bought by
Garland Thomas A

Purchase Details

Listed on
Jun 10, 2013
Closed on
Mar 7, 2014
Sold by
Klein Michael S
Bought by
Garland Thomas A and Stathis Lucinda M
Seller's Agent
Tim Lester
TIM LESTER INTERNAT'L REALTY
Buyer's Agent
Cindy Pierro
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$750,000
Sold Price
$585,000
Premium/Discount to List
-$165,000
-22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.84%
Original Mortgage
$375,000
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 23, 2004
Sold by
Klein Michael S and Smith Margie Sue
Bought by
Klein Michael Stewart
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Stone Sandra $830,000 Title Alliance Of The Gulf
Garland Thomas A -- Attorney
Garland Thomas A $585,000 First International Title In
Klein Michael Stewart -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garland Thomas A $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2018 08/22/18 Off Market $830,000 -- --
05/23/2018 05/23/18 Sold $830,000 -2.4% $659 / Sq Ft
04/13/2018 04/13/18 Pending -- -- --
12/08/2017 12/08/17 For Sale $850,000 +45.3% $675 / Sq Ft
03/07/2014 03/07/14 Sold $585,000 -13.3% $341 / Sq Ft View Prior Sale
02/04/2014 02/04/14 Pending -- -- --
01/23/2014 01/23/14 Price Changed $675,000 -3.4% $393 / Sq Ft
11/11/2013 11/11/13 Price Changed $699,000 -6.8% $407 / Sq Ft
06/10/2013 06/10/13 For Sale $750,000 -- $437 / 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 $2,988 $991,157 -- --
2024 $2,988 $243,271 -- --
2023 $2,942 $236,185 $0 $0
2022 $4,386 $339,819 $0 $0
2021 $4,219 $329,921 $0 $0
2020 $4,355 $325,366 $0 $0
2019 $4,291 $318,051 $160,500 $157,551
2018 $4,734 $306,569 $160,500 $146,069
2017 $4,591 $312,935 $0 $0
2016 $4,421 $294,380 $0 $0
2015 $2,221 $289,100 $0 $0
2014 $2,221 $176,263 $0 $0
2013 $2,211 $173,658 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Stellar MLS

MLS Number: A4203963

Stellar MLS

APN: 29722-0015-9