NOT LISTED FOR SALE

1706 5th St W Palmetto, FL 34221

Estimated Value: $861,538 - $1,024,000

4 Beds
3 Baths
2,644 Sq Ft
$344/Sq Ft Est. Value

Last Sold April 26, 2019

Last sale price $474,615 $180 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $6,366/month

367 Days on Market

Highlights

  • Private Beach
  • Fitness Center
  • Gated Community
  • Deeded access to the beach
  • New Construction
  • Contemporary Architecture

About This Home

As of April 2019

MOVE IN READY!! NEW CONSTRUCTION!! WATERFRONT BOATING COMMUNITY!! New Homes with Boat Slips now available with purchase of select homesites. The Boretto plan with its 3-car split garage plan and 2,644 s.f. is an entertainers dream. The wide open plan with Family Room, Café, center island kitchen and Dining Room all flow seamlessly. The double entry door Master Suite is tucked away and provides a spa-like bath with garden tub and shower along with a very large walk-in closet with extra storage space. The 3-car split garage plan is perfect for extra storage or for your golf cart. WATERFRONT HOMES AND MARINA WITH QUICK AND EASY ACCESS TO THE MANATEE RIVER. Sanctuary Cove Riverfront Estates is a beautiful community with waterfront homes, picturesque views and amenities for many interests. The amenities at Sanctuary Cove will make you feel like you are on vacation every day. Stay fit and in shape with the fitness center and resort-style pool, or hang out in the 8,600 sq. ft. clubhouse and internet cafe. For outdoor lovers, enjoy an afternoon at the beach area, savor a walk by the riverfront nature preserve or take your boat out on the water and park it in the 210-slip marina. You can fill your days with adventure or just soak up the sun with a cold drink in one hand, and a book in another. Spend time enjoying the Florida outdoors, with a marina, swimming pool, nature preserve and beach area for kayaking and paddle boarding. “Interior images shown are different from the actual model being built. “

Last Agent to Sell the Property

Ben Goldstein

LENNAR REALTY License #3191880 Listed on: 03/29/2018

Last Buyer's Agent

Ben Goldstein

LENNAR REALTY License #3191880 Listed on: 03/29/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,216

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 10,019 Sq Ft Lot
  • Private Beach
  • Public Beach
  • Landscaped with Trees
  • Property is zoned PDMU

HOA Fees

  • $341 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • 2,644 Sq Ft Home
  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry in unit

Outdoor Features

  • Deeded access to the beach
  • Access to Bay or Harbor
  • Covered Patio or Porch

Schools

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

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Built by WCI
  • Sanctuary Cove Sub Subdivision, Boretto Floorplan
  • The community has rules related to deed restrictions

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,216

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$341 per month

Parking

3

Listing Details

  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2644
  • Lot Size Acres: 0.23
  • New Construction: Yes
  • Year Built: 2019
  • Building Area Total: 3044
  • Lot Size Sq Ft: 10019
  • Directions to Property: Take I-75 to exit 224 turn right onto US 301 Turn left at 15th Ave Dr E Make a left onto Sanctuary Cove Way The Welcome Home Center will be on your right
  • Status: Sold
  • Street Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T2937472&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T2937472&cview=true&show_results=true&customer_portal=true
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 1.00984
  • Price per Sq Ft: 179.51
  • Close to Original List Price Ratio: 0.99921
  • Ratio: Current Price\Building Area Total: 155.92
  • View: No
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2018
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 3
  • Interior Amenities: Other
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Street Number Modifier: 1706
  • Room Count: 8
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Sidewalk
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio, Porch
  • Water Access: Bay/Harbor, Beach - Access Deeded, Beach - Private, Beach - Public
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Flood Zone Panel: 12081C0168E

Garage/Parking

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

Utilities

  • Utilities: Cable Available, Natural Gas Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fitness, Gated Community, Pool
  • Association Fee: 340.6
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 4087.2
  • Monthly HOA Fee: 340.6
  • Total Monthly Fees: 340.6

Schools

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

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1015731509
  • Additional Parcels: No
  • Flood Zone Code: X
  • Flood Zone Date: 2014-03-17
  • ResoLotSizeUnits: SquareFeet

Building Info

  • Builder Name: WCI

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Restrictions: See HOA

Tax Info

  • Tax Book Number: 36-51
  • Tax Lot: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2018
Closed on
Apr 26, 2019
Sold by
Wci Communities Llc
Bought by
Wheeler Brian A and Wheeler Lilsa M
Seller's Agent
Ben Goldstein
LENNAR REALTY
Buyer's Agent
Ben Goldstein
LENNAR REALTY
List Price
$475,490
Sold Price
$474,615
Premium/Discount to List
-$875
-0.18%
Current Estimated Value
$910,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$436,020
Avg. Annual Appreciation
10.79%
Original Mortgage
$450,884
Outstanding Balance
$396,418
Interest Rate
4.2%
Mortgage Type
New Conventional
Estimated Equity
$514,217

Purchase Details

Closed on
Sep 18, 2017
Sold by
Sanctuary Cove Asli Vi L L L P
Bought by
Wci Communities Llc
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
Wheeler Brian A $474,700 Calatlantic Title Inc
Wci Communities Llc $4,579,200 Flroida Title & Guarantee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wheeler Brian A $450,884
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/26/2019 04/26/19 Sold $474,615 +1.0% $180 / Sq Ft
03/31/2019 03/31/19 Pending -- -- --
03/07/2019 03/07/19 Price Changed $469,990 -5.3% $178 / Sq Ft
11/06/2018 11/06/18 Price Changed $496,040 +4.3% $188 / Sq Ft
07/24/2018 07/24/18 For Sale $475,490 +0.2% $180 / Sq Ft
07/13/2018 07/13/18 Off Market $474,615 -- --
04/05/2018 04/05/18 Price Changed $475,490 +0.1% $180 / Sq Ft
03/29/2018 03/29/18 For Sale $474,990 -- $180 / 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 $13,216 $623,269 $130,050 $493,219
2024 $13,216 $687,152 $130,050 $557,102
2023 $11,744 $595,968 $91,800 $504,168
2022 $8,691 $535,719 $90,000 $445,719
2021 $8,343 $430,640 $75,000 $355,640
2020 $7,911 $389,076 $75,000 $314,076
2019 $846 $75,000 $75,000 $0
2018 $198 $9,000 $9,000 $0
2017 $191 $9,000 $0 $0
2016 $183 $8,500 $0 $0
2015 $184 $8,500 $0 $0
2014 $184 $8,500 $0 $0
2013 $186 $8,500 $8,500 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: T2937472

Stellar MLS

APN: 10157-3150-9