NOT LISTED FOR SALE

1918 5th St E Palmetto, FL 34221

Estimated Value: $778,596 - $860,000

3 Beds
2.5 Baths
2,250 Sq Ft
$370/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $817,000 $363 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $5,700/month

8 Days on Market

Highlights

  • Marina
  • Fitness Center
  • Open Floorplan
  • Access To Marina
  • Gated Community
  • Clubhouse

About This Home

As of March 2022

Boaters Welcome! A Rare opportunity to own a home with a Boat Slip in a Private Marina located in the luxurious gated community of Sanctuary Cove. This beautiful modern home is a definite must see with a total of 2250 sq ft including 3 bedrooms appointed with custom closets and 2.5 bathrooms. The culinary lover will appreciate the large kitchen, quartz countertops, double wall oven and GE® stainless steel appliances. The family room is perfect for social gatherings of any size, and the spacious covered patio provides the ideal outdoor living space. An expansive master suite offers his and hers sinks and a grand walk-in closet. Two additional bedrooms as well as a flex room provide you with a space to enjoy your favorite hobby and host overnight guests. Other notable features include hurricane rated impact resistant Low-E windows and doors, tankless water heater, in wall pest control just to name a few. Interior of the home was recently painted and new carpet installed. Take a short walk and you are at the Clubhouse to enjoy Resort style pool and spa or exercise at well appointed gym. House comes with deeded slip and 10.000lbs lift in marina. Sanctuary Cove gated community offers resort-style pool, fitness center and 8,600 sq ft Clubhouse, Private Beach and Kayak storage. Spend your day on a boat fishing or simply cruise to see the sights of the Gulf of Mexico. Only minutes by boat to a number of restaurants, including the Bradenton Yacht Club. Sanctuary Cove is close to Downtown Bradenton, River Walk, I-75 and I-275, a short drive to Anna Maria Island, Bradenton/Holmes Beach, Longboat Key, Sarasota, St Pete and Tampa Bay .

Last Agent to Sell the Property

Eugene Smith

WEICHERT REALTORS HALLMARK PRO License #3466352 Listed on: 01/13/2022

WEICHERT REALTORS HALLMARK PRO

Co-Listed By

Ludmila Martinenko

ALBERT WOOSTER & COMPANY License #3494956

Last Buyer's Agent

Eugene Smith

WEICHERT REALTORS HALLMARK PRO License #3466352 Listed on: 01/13/2022

WEICHERT REALTORS HALLMARK PRO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,797

Year Built

  • Built in 2019

Lot Details

  • 6,499 Sq Ft Lot
  • Northeast Facing Home
  • Mature Landscaping
  • Cleared Lot
  • Property is zoned PDMU

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Open Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,250 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Sliding Doors
  • Family Room Off Kitchen
  • Laundry Room

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

  • Security Gate
  • Fire and Smoke Detector
  • In Wall Pest System

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Outdoor Features

  • Access To Marina
  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Fiber Optics Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-hour guard, community pool, escrow reserves fund, ground maintenance, manager, security
  • $331 Other Monthly Fees
  • C&S Community Management Services / Julie Conway Association
  • Built by WCI
  • Sanctuary Cove Subdivision
  • On-Site Maintenance
  • Rental Restrictions

Recreation

  • Marina
  • Waterfront Community
  • Fitness Center
  • Community Pool

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,797

Year Built

Built in 2019

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • HOA Fee Includes: 24-Hour Guard, Community Pool, Escrow Reserves Fund, Maintenance Grounds, Manager, Security
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2250
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 2019
  • Lot Size Sq Ft: 6499
  • Directions to Property: Off I75 head West on US301 TO 16th Ave. E. Turn Left onto Sanctuary Cove. Stay left through main gates of Sanctuary Cove. 5th street turn left, 2nd house on the left side.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4522178?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4522178?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Other Fees Amount: 993
  • Ratio: Close Price\List Price: 0.97378
  • Price per Sq Ft: 363.11
  • Close to Original List Price Ratio: 0.97378
  • View: No
  • Co List Office Mls Id: 281525278
  • Co List Office Phone: 941-706-2142
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), In Wall Pest System, Kitchen/Family Room Combo, Open Floorplan, Solid Surface Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: No
  • Stories: 1
  • Street Number Modifier: 1918
  • Room Count: 6

Exterior Features

  • Direction Faces: Northeast
  • Pool Features: Other
  • Exterior Features: Rain Gutters, Sliding Doors
  • Roof: Concrete, Tile
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered
  • Road Surface Type: Asphalt
  • Water Access: Marina
  • Water Extras: Dock w/Electric
  • Water View Y N: No
  • Water Access Y N: Yes
  • Water Extras Y N: Yes

Garage/Parking

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

Utilities

  • Utilities: Fiber Optics, Natural Gas Connected, Public, Sewer Connected, Street Lights
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Fitness, Gated Community, Irrigation-Reclaimed Water, Pool, Water Access, Waterfront
  • Association Amenities: Clubhouse, Fitness Center, Gated, Maintenance, Marina, Pool
  • Association Fee: 300
  • Association Fee Frequency: Quarterly
  • Association Name: C&S Community Management Services / Julie Conway
  • Association: Yes
  • Security: Gated Community, Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Condo Fees Term: Monthly
  • Other Fees Term: Annual
  • Association Email: jconway@cscmsi.com
  • Association Fee Requirement: Required
  • Montly Maint Amt Addition To H O A: 99
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3381
  • Monthly HOA Fee: 100
  • Total Monthly Fees: 281.75

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1015736659
  • Additional Parcels: No
  • Lot Features: Cleared
  • Flood Zone Code: X

Building Info

  • Builder Name: WCI

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Approval Process: See HOA paperwork.
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA paperwork.

Tax Info

  • Tax Annual Amount: 6797
  • Tax Book Number: 36-51
  • Tax Lot: 133

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Mar 1, 2022
Sold by
Vision Equity Investments Llc
Bought by
Bredikhin Peter Vladimir and Tveretinova Vera Nika
Seller's Agent
Eugene Smith
WEICHERT REALTORS HALLMARK PRO
Buyer's Agent
Eugene Smith
WEICHERT REALTORS HALLMARK PRO
List Price
$839,000
Sold Price
$817,000
Premium/Discount to List
-$22,000
-2.62%
Current Estimated Value
$831,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,649
Avg. Annual Appreciation
0.49%
Original Mortgage
$653,600
Outstanding Balance
$609,069
Interest Rate
3.69%
Mortgage Type
Balloon
Estimated Equity
$222,580

Purchase Details

Listed on
Feb 6, 2021
Closed on
Mar 15, 2021
Sold by
Lynne Susan
Bought by
Vision Equity Investments Llc
Seller's Agent
carlos santos
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Kathleen Curd
THE KEYES COMPANY - SARASOTA
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
86.12%

Purchase Details

Closed on
Aug 15, 2019
Sold by
Wci Communities Llc
Bought by
Lynne Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,841
Interest Rate
3.7%
Mortgage Type
New Conventional
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
Bredikhin Peter Vladimir $817,000 Public Title Services
Vision Equity Investments Llc $450,000 Attorney
Lynne Susan $396,500 Calatlantic Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bredikhin Peter Vladimir $653,600
Previous Owner Lynne Susan $356,841
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/02/2022 03/02/22 Sold $817,000 -2.6% $363 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
01/12/2022 01/12/22 For Sale $839,000 +86.4% $373 / Sq Ft
03/17/2021 03/17/21 Sold $450,000 0.0% $200 / Sq Ft View Prior Sale
02/16/2021 02/16/21 Pending -- -- --
02/06/2021 02/06/21 For Sale $450,000 -- $200 / 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 $14,296 $660,659 $119,850 $540,809
2024 $14,296 $733,153 $119,850 $613,303
2023 $13,088 $634,153 $81,600 $552,553
2022 $9,784 $458,638 $80,000 $378,638
2021 $7,198 $372,422 $70,000 $302,422
2020 $6,797 $332,916 $70,000 $262,916
2019 $615 $70,000 $70,000 $0
2018 $157 $7,000 $7,000 $0
2017 $147 $7,000 $0 $0
2016 $135 $6,050 $0 $0
2015 $135 $6,050 $0 $0
2014 $135 $6,050 $0 $0
2013 $136 $6,050 $6,050 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4522178

Stellar MLS

APN: 10157-3665-9