NOT LISTED FOR SALE

16508 5th Ave E Bradenton, FL 34212

Estimated Value: $982,000 - $1,038,000

5 Beds
4 Baths
3,939 Sq Ft
$258/Sq Ft Est. Value

Last Sold June 07, 2021

Last sale price $790,000 $201 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $6,490/month

4 Days on Market

Highlights

  • Screened Pool
  • Open Floorplan
  • Stone Countertops
  • Gene Witt Elementary School Rated A-
  • High Ceiling
  • Mature Landscaping

About This Home

As of June 2021

Florida living at its finest. This 4 bed, 4 bath + den with spacious bonus room and 3 car garage pool home is boasting almost 4000 sq ft of beauty. As you enter the home you will enjoy the separate formal dinning and living room with views of the stunning patio and pool. The gourmet kitchen features a center island, gorgeous granite countertops, 42” solid wood cabinets, stainless steel appliances a decorator vented hood, with under cabinet lighting and a large walk in pantry. This amazing kitchen overlooks the breakfast nook and spacious great room. The master bedroom has a spacious en suite with walk in closets and a master bath including a separate walk-in shower with frameless glass and separate tub. The home has a split floor plan with 3 guest bedrooms located on the east side of the home. The first guest bedroom has an en suite bathroom and in a private area, great for out of town guests. Up the stairs is a spacious bonus room that can be used as your massive fifth bedroom with its own bathroom or a perfect entertainment/TV room for the whole family to enjoy. The oversized laundry room has upgraded solid wood cabinetry and a utility sink. Walk out back to your oasis with large yard with a custom brick paver enclosed covered patio, salt water heated pool with a beautiful waterfall, two deck jets, sun shelf that has an umbrella insert. Rye Wilderness is situated only approx. 10 minutes to the interstate and 30 minutes to world famous beaches, top A rated schools, close to St-Pete, Tampa and Sarasota. NO CDD's. Amenities include 2 dog parks, soccer field, basketball court, playground, and a Pavilion for families to enjoy days with BBQ grills.

Last Agent to Sell the Property

Lennon Rarick

KELLER WILLIAMS SOUTH TAMPA License #3264298 Listed on: 04/22/2021

KELLER WILLIAMS SOUTH TAMPA

Last Buyer's Agent

Molly Laramie

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3377371

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,898

Year Built

  • Built in 2016

Lot Details

  • 0.55 Acre Lot
  • North Facing Home
  • Mature Landscaping
  • Irrigation
  • Landscaped with Trees
  • Property is zoned PDR

HOA Fees

  • $62 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 3,939 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Combination Dining and Living Room
  • Hurricane or Storm Shutters

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Pool

  • Screened Pool
  • Heated In Ground Pool
  • Saltwater Pool
  • Fence Around Pool
  • Pool Deck
  • Pool Alarm

Outdoor Features

  • Enclosed Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Progressive Management Association
  • Rye Wilderness Estates Community
  • Rye Wilderness Estates Ph IV Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Community Playground
  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,898

Year Built

Built in 2016

Lot Details

0

HOA Fees

$62 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Wood Frame
  • Fireplace: No
  • Living Area: 3939
  • Lot Size Acres: 0.55
  • New Construction: No
  • Year Built: 2016
  • Lot Size Sq Ft: 24015
  • Directions to Property: From 64 go north on Rye Road. Go right on 167th Blvd NE. Go right on 2nd Ave. NE. Then right onto 5th Ave E. Home will be on your left.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3302552?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3302552?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 1/2 to less than 1
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.96589
  • Price per Sq Ft: 200.56
  • Close to Original List Price Ratio: 0.96589
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, High Ceiling(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Stone Counters, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 5
  • Levels: Two
  • Spa Yn: No
  • Stories: 1
  • Window Features: Blinds
  • Street Number Modifier: 16508
  • Room Count: 8

Exterior Features

  • Direction Faces: North
  • Pool Features: Deck, Heated, In Ground, Pool Alarm, Salt Water, Screen Enclosure
  • Exterior Features: Hurricane Shutters, Irrigation System, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • Waterfront: No
  • Patio and Porch Features: Covered, Enclosed, Patio, Screened
  • Road Surface Type: Paved
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure

Garage/Parking

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

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Public, Underground Utilities
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Park, Playground
  • Association Fee: 185
  • Association Fee Frequency: Quarterly
  • Association Name: Progressive Management
  • Association: Yes
  • Senior Community: No
  • Association Email: jpatterson@pcmfla.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 740
  • Monthly HOA Fee: 61.67
  • Total Monthly Fees: 61.67

Lot Info

  • Zoning: PDR
  • Parcel Number: 556943769
  • Additional Parcels: No
  • Flood Zone Code: x

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: Buyer to verify all leasing approval processes with HOA.
  • Pet Restrictions: Buyer to verify all Pet Restrictions with HOA
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: Buyer to verify all leasing restrictions with HOA.

Tax Info

  • Tax Annual Amount: 6897.7
  • Tax Lot: 75

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
Jun 3, 2021
Sold by
Walker Kara J
Bought by
Khan Mohammed A and Khan Cana T
Seller's Agent
Lennon Rarick
KELLER WILLIAMS SOUTH TAMPA
Buyer's Agent
Molly Laramie
PREMIER SOTHEBY'S INTERNATIONAL REALTY
List Price
$817,900
Sold Price
$790,000
Premium/Discount to List
-$27,900
-3.41%
Current Estimated Value
$1,016,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,242
Avg. Annual Appreciation
5.92%
Original Mortgage
$711,000
Outstanding Balance
$643,722
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$372,520

Purchase Details

Closed on
Feb 23, 2021
Sold by
Malin Matthew Scott
Bought by
Walker Kara J

Purchase Details

Closed on
Oct 28, 2016
Sold by
D R Horton Inc
Bought by
Walker Kara J and Malin Matthew Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,924
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2016
Sold by
Coastal Oldcasle
Bought by
D G P S Construction
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
Khan Mohammed A $790,000 Attorney
Walker Kara J $50,000 None Listed On Document
Walker Kara J $493,655 Dhi Title Of Florida Inc
D G P S Construction -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khan Mohammed A $711,000
Previous Owner Walker Kara J $394,924
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/07/2021 06/07/21 Sold $790,000 -3.4% $201 / Sq Ft
04/26/2021 04/26/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $817,900 -- $208 / 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 $12,667 $899,466 $170,000 $729,466
2024 $12,667 $901,268 $170,000 $731,268
2023 $12,667 $868,638 $128,350 $740,288
2022 $6,944 $751,537 $120,000 $631,537
2021 $6,667 $472,744 $0 $0
2020 $6,898 $466,217 $0 $0
2019 $6,813 $455,735 $0 $0
2018 $6,223 $412,282 $0 $0
2017 $5,811 $403,802 $0 $0
2016 $470 $7,650 $0 $0
2015 $129 $7,650 $0 $0
2014 $129 $7,650 $0 $0
2013 $123 $7,200 $7,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T3302552

Stellar MLS

APN: 5569-4376-9