NOT LISTED FOR SALE

1922 5th St E Palmetto, FL 34221

Estimated Value: $762,000 - $1,055,000

4 Beds
4.5 Baths
2,967 Sq Ft
$292/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $560,000 $189 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,412/month

37 Days on Market

Highlights

  • Marina View
  • Gated Community
  • Clubhouse
  • Water Access
  • Open Floorplan
  • Outdoor Kitchen

About This Home

As of March 2021

$10K Price reduction!!! Gorgeous BOATING community~ PRIVATE BOAT SLIP and 13,000-lb. BOAT LIFT are included in the sale of this amazing home! Bring your 30-foot boat to this freshwater marina that lifts into the saltwater Manatee River and Tampa Bay, and enjoy living your best life in the highly desired community of Sanctuary Cove. This 2019 Key Largo II home features an incredible 4 bedroom, 4.5 bathroom open floorplan that spans nearly 3,000 ft! Some highlights of this home (to name a few!) are the 12-ft ceilings, 8-ft tall shaker doors, hurricane windows & doors, QUARTZ countertops, upgraded light fixtures in all rooms, LED accent lights in the upper kitchen cabinets, upgraded shower tile, 72" fans, and SMART HOME capabilities! Connect your phone to the smart home app, and control your thermostat, door keys, garage door opener, and more! Did we mention the amazing outdoor kitchen?! Enjoy entertaining your friends and family on the screened-in back porch while you grill and watch TV, then head inside to the open, spacious living room and kitchen- complete with a butler's pantry and separate formal dining room! There is even an indoor laundry room with utility sink. Everything is BRAND NEW~ meaning BOTH AC's, roof, appliances, boat lift, you name it- it's new from 2019. The current owners even extended the driveway pavers to incorporate 3 parking spaces in the driveway because everyone wants to come and visit this home! Here is your chance to own a gorgeous one-year-old home with all of the bells and whistles, PLUS private freshwater space for your boat (2 separate deeds). There are only FOUR homes in Sanctuary Cove with this floorplan~ you won't want to miss this one!

Last Agent to Sell the Property

Katie Fernandez

IMAGINE REALTY LLC License #3419236 Listed on: 12/19/2020

Co-Listed By

Bruno Fernandez

IMAGINE REALTY LLC License #3383236

Last Buyer's Agent

Debbie Kempf

RE/MAX REALTY UNLIMITED License #3406875

RE/MAX REALTY UNLIMITED

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,188

Year Built

  • Built in 2019

Lot Details

  • 6,499 Sq Ft Lot
  • Lot Dimensions are 50x130
  • Fronts a freshwater canal with a boatlift to a saltwater canal
  • South Facing Home
  • Fenced
  • Property is zoned PDMU

HOA Fees

  • $88 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,967 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Formal Dining Room
  • Utility Room
  • Laundry Room
  • Marina Views
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Outdoor Features

  • Water Access
  • Screened Patio
  • Outdoor Kitchen
  • Outdoor Grill
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Thermostat

Listing and Financial Details

  • Tax Lot 134
  • Assessor Parcel Number 1015736709

Community Details

Overview

  • Association fees include community pool, pool maintenance
  • Tammy Goldman Association
  • Built by Lennar
  • Sanctuary Cove Subdivision, Key Largo II Floorplan
  • Boat Slips Community
  • The community has rules related to deed restrictions

Amenities

  • Clubhouse

Recreation

  • Community Pool

Security

  • Card or Code Access
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,188

Year Built

Built in 2019

Lot Details

0

HOA Fees

$88 per month

Parking

2

Listing Details

  • HOA Fee Includes: Community Pool, Pool Maintenance
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Water Extras: Assigned Boat Slip, Dock - Slip Deeded On-Site, Dock w/Electric, Lift
  • Water View: Yes
  • Construction Materials: Block, Stucco
  • Living Area: 2967.00
  • Homestead: Yes
  • Lot Size Acres: 0.15
  • Year Built: 2019
  • Building Area Total: 3721.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8107991?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/U8107991?w=Customer
  • Lot Size Sq Ft: 6499
  • Building Search Sq Meters: 345.69
  • Escrow City: Lakewood Ranch
  • Escrow Postal Code: 34202
  • Escrow State: FL
  • Escrow Street Name: Palmbrush Trail
  • Escrow Street Number: 11532
  • List Office Head Office Key Nume: 524413434
  • Status: Sold
  • Street Post Direction: E
  • Tax Year: 2020
  • Special Features: NewHome

Interior Features

  • Room Count: 4
  • Living Area Units: Square Feet
  • Additional Rooms: Formal Dining Room Separate, Inside Utility
  • Flooring: Carpet, Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), Eating Space In Kitchen, Open Floorplan, Solid Wood Cabinets, Split Bedroom, Stone Counters, Thermostat, Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Microwave, Range Hood, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Stories: 2
  • Window Features: Window Treatments
  • Living Area Meters: 275.64

Exterior Features

  • Direction Faces: South
  • Water Extras: Yes
  • Waterfront Feet FCWLSC: 30
  • Waterfront Feet Marina: 30
  • Water Access: Freshwater Canal w/Lift to Saltwater Canal, Marina
  • Exterior Features: Fenced, Outdoor Grill, Outdoor Kitchen, Sliding Doors
  • Roof: Tile
  • Water View: Marina
  • Flood Zone Code: X
  • Water Access: Yes
  • Waterfront: Yes
  • Patio and Porch Features: Rear Porch, Screened
  • Road Surface Type: Paved

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener

Utilities

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

Condo/Co-op/Association

  • S W Subdiv Community Name: Boat Slips
  • Community Features: Deed Restrictions, Gated Community, Pool, Water Access, Waterfront
  • Monthly HOA Fees: 87.67
  • Association Amenities: Clubhouse, Gated, Lobby Key Required, Pool
  • Association Fee: 263.00
  • Association Fee Frequency: Quarterly
  • Association Fee Requirement: Required
  • Association Name: Tammy Goldman
  • Association: Yes
  • Security: Security Gate
  • Association Email: tgoldman@castlegroup.com
  • Association Website: http://www.castlegroup.com
  • Complex Community Name Nccb: SANCTUARY COVE

Fee Information

  • Other Fees Amount: 93
  • Other Fees Term: Monthly
  • Waterfront Frontage: 60
  • Total Annual Fees: 2168.00
  • Total Monthly Fees: 180.67

Lot Info

  • Total Acreage: 0 to less than 1/4
  • Zoning: PDMU
  • Parcel Number: 1015736709
  • Lot Dimensions: 50x130
  • Lot Size Square Meters: 604

Rental Info

  • Minimum Lease: 3 Months
  • Additional Lease Restrictions: Please call HOA with additional questions, and see attached HOA Docs
  • Furnished: Unfurnished
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Building Info

  • Builder Name: Lennar

Tax Info

  • Tax Annual Amount: 8187.84
  • Tax Book Number: 36-51
  • Tax Lot: 134

Multi Family

  • Waterfront Features: Freshwater Canal w/Lift to Saltwater Canal, Marina

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 19, 2020
Closed on
Mar 15, 2021
Sold by
Hatchel Stephen Thomas and Hatchel Kimberly Kay
Bought by
Harris Timothy J and Harris Deborah F
Seller's Agent
Katie Fernandez
IMAGINE REALTY LLC
Buyer's Agent
Debbie Kempf
RE/MAX REALTY UNLIMITED
List Price
$574,900
Sold Price
$560,000
Premium/Discount to List
-$14,900
-2.59%
Current Estimated Value
$866,187

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,187
Avg. Annual Appreciation
9.37%
Original Mortgage
$237,500
Outstanding Balance
$176,039
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$690,148

Purchase Details

Closed on
Aug 15, 2019
Sold by
Wci Communities Llc
Bought by
Hatchel Stephen Thomas and Hatchel Kimberly Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,741
Interest Rate
3.7%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Harris Timothy J $560,000 Stewart Title Company
Hatchel Stephen Thomas $447,500 Calatlantic Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harris Timothy J $237,500
Previous Owner Hatchel Stephen Thomas $402,741
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2021 03/15/21 Sold $560,000 -0.9% $189 / Sq Ft
01/25/2021 01/25/21 Pending -- -- --
01/13/2021 01/13/21 Price Changed $564,900 -1.7% $190 / Sq Ft
12/19/2020 12/19/20 For Sale $574,900 -- $194 / Sq Ft
Source: Stellar MLS

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 $9,862 $529,292 -- --
2023 $9,726 $499,393 $0 $0
2022 $9,490 $484,848 $0 $0
2021 $7,964 $451,754 $70,000 $381,754
2020 $8,188 $403,026 $70,000 $333,026
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
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: U8107991

Stellar MLS

APN: 10157-3670-9