NOT LISTED FOR SALE

1922 5th St W Palmetto, FL 34221

Estimated Value: $779,000 - $980,000

3 Beds
4.5 Baths
3,010 Sq Ft
$287/Sq Ft Est. Value

Last Sold August 15, 2019

Last sale price $447,490 $149 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $5,809/month

380 Days on Market

Highlights

  • Private Beach
  • Fitness Center
  • Under Construction
  • Deeded access to the beach
  • Home Theater
  • Gated Community

About This Home

As of August 2019

UNDER CONSTRUCTION!! WATERFRONT BOATING COMMUNITY!! The Key Largo II is the perfect home for large families, offering 3,010 square feet, 3 bedrooms and 4.5 bathrooms. You'll be amazed when you see the enormous family room, with plenty of space for entertaining and hosting. The entryway to the covered patio along with two large windows will make this room bright and cheery, sure to be a favorite among family members and guests. Entertaining usually includes food, and you'll have no problem feeding a hungry crowd in the contemporary kitchen featuring quartz countertops, stainless steel GE® appliances, double oven and gas cooktop. The large master suite has double sinks, separate water closet and a walk-in closet. The home has two additional bedrooms along with a dining room, perfect for formal holiday meals. The second floor boasts a gigantic media room, complete with walk-in closet and full bathroom. This space works great as a guest suite, game room, man/woman cave or whatever you can imagine. Sanctuary Cove Estates offers beautiful waterfront homes with amazing views, peaceful serenity, with the beauty of nature just outside your back door, picturesque views and amenities for many interests. Spend time enjoying the Florida outdoors, with a marina, swimming pool, nature preserve and beach area for kayaking and paddle boarding. Interior photos disclosed are different from the actual model being built

Last Agent to Sell the Property

Ben Goldstein

LENNAR REALTY License #3191880 Listed on: 06/29/2018

Last Buyer's Agent

Gregg Rappaport

PARADISE REALTY OF SARASOTA License #0705027

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,157

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 6,000 Sq Ft Lot
  • Private Beach
  • Public Beach
  • Level Lot
  • Landscaped with Trees
  • Property is zoned PDMU

HOA Fees

  • $298 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Bi-Level Home
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,010 Sq Ft Home
  • Open Floorplan
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Great Room
  • Home Theater
  • Inside Utility
  • Laundry in unit

Kitchen

  • Eat-In Kitchen
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

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, Key Largo Ii 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

$4,157

Year Built

Built in 2019 | Under Construction

Lot Details

0

HOA Fees

$298 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Condition: Under Construction
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3010
  • Lot Size Acres: 0.13
  • New Construction: Yes
  • Year Built: 2019
  • Building Area Total: 3410
  • Lot Size Sq Ft: 6000
  • 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 Post Direction: E
  • Down Payment Resource URL: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3116149&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3116149&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
  • Call Center Phone Number: 813-917-9080
  • Projected Completion Date: 2019-07-05T04:00:00.000Z
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 148.67
  • Close to Original List Price Ratio: 1.00224
  • Ratio: Current Price\Building Area Total: 131.23
  • 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: 4
  • Half Bathrooms: 1
  • Interior Amenities: Eating Space In Kitchen, Open Floorplan
  • Appliances Included: Dishwasher, Disposal, Microwave, Range, Refrigerator
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Two
  • Window Features: Blinds, Thermal Windows
  • Street Number Modifier: 1922
  • Room Count: 7
  • Additional Rooms: Great Room, Inside Utility, Media Room
  • ResoLivingAreaSource: Builder

Exterior Features

  • Exterior Features: Sidewalk, Sliding Doors
  • 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: 2
  • Garage Yn: Yes
  • Covered Parking Spaces: 2
  • 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: 298.1
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Security: Gated Community
  • Senior Community: No
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 3577.2
  • Monthly HOA Fee: 298.1
  • Total Monthly Fees: 298.1

Schools

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

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1015736709
  • Additional Parcels: No
  • Lot Features: In County, Level
  • 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 Annual Amount: 4157
  • Tax Block: 01
  • Tax Book Number: 36-51
  • Tax Lot: 34

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 15, 2021
Sold by
Hatchel Stephen Thomas and Hatchel Kimberly Kay
Bought by
Harris Timothy J and Harris Deborah F
Current Estimated Value
$856,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Outstanding Balance
$178,451
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$685,922

Purchase Details

Listed on
Jun 29, 2018
Closed on
Aug 15, 2019
Sold by
Wci Communities Llc
Bought by
Hatchel Stephen Thomas and Hatchel Kimberly Kay
Seller's Agent
Ben Goldstein
LENNAR REALTY
Buyer's Agent
Gregg Rappaport
PARADISE REALTY OF SARASOTA
List Price
$446,490
Sold Price
$447,490
Premium/Discount to List
$1,000
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.64%
Original Mortgage
$402,741
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
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 Change Sq Ft Price
08/15/2019 08/15/19 Sold $447,490 0.0% $149 / Sq Ft
07/14/2019 07/14/19 Pending -- -- --
07/02/2019 07/02/19 Price Changed $447,490 +0.6% $149 / Sq Ft
06/07/2019 06/07/19 Price Changed $444,990 +2.3% $148 / Sq Ft
03/07/2019 03/07/19 Price Changed $434,990 -7.2% $145 / Sq Ft
02/13/2019 02/13/19 Price Changed $468,915 +5.0% $156 / Sq Ft
07/24/2018 07/24/18 For Sale $446,490 -0.2% $148 / Sq Ft
07/13/2018 07/13/18 Off Market $447,490 -- --
06/29/2018 06/29/18 For Sale $446,490 -- $148 / 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
2024 $9,862 $514,375 -- --
2023 $9,726 $499,393 $0 $0
2022 $8,296 $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
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: T3116149

Stellar MLS

APN: 10157-3670-9