NOT LISTED FOR SALE

2005 6th St E Palmetto, FL 34221

Estimated Value: $735,381 - $868,000

4 Beds
3.5 Baths
2,507 Sq Ft
$309/Sq Ft Est. Value

Last Sold August 16, 2024

Last sale price $800,000 $319 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,915/month

144 Days on Market

Highlights

  • Assigned Boat Slip
  • Boat Ramp
  • Fitness Center
  • Water access To Gulf or Ocean
  • Boat Lift
  • Gated Community

About This Home

As of August 2024

Come elevate your everyday living experience in this stunning and rare four-bedroom home WITH A BOAT SLIP AND LIFT in the waterfront community Sanctuary Cove. Come bring your boat with this home! The slip can hold up to 10,000 pounds and up to a 30 foot boat. The open floor plan of this home welcomes an abundance of natural light, creating an inviting and airy atmosphere throughout the home. Step inside a large shower that will give you a luxury experience. Walk around the bedrooms and feel the brand new carpet installed in March! Culinary enthusiasts will delight in the state-of-the-art gas stove featured in the dream kitchen. Step outside into a fenced yard and onto a screened in lanai, complete with a built-in grill and fire pit, offering the ideal setting for entertaining or simply unwinding in style. Want to add a private pool in your backyard? You can do that with this home! Experience the convenience of a widened driveway, providing ample parking for gatherings or guests. The community goes above and beyond with grounds maintenance, ensuring manicured lawns and pristine common areas. Sanctuary Cove goes beyond being a residential haven; it offers a complete lifestyle. Revel in community amenities such as a heated pool, hot tub, clubhouse, pool table, ping pong table, kayak launch, and a private beach. Engage in optional social events, including the lively Zumba on the beach, adding to the vibrant atmosphere. Centrally located, this residence provides easy access to nearby attractions, dining, and entertainment options. Put your mind at ease since this home is not in flood zone AE. *3 miles to Regatta Pointe *3.7 miles to Pier 22, Oak and Stone, waterfront dining, * 1 mile to Detwilers. Seize the opportunity to make this haven your own and schedule your private viewing today!

Last Agent to Sell the Property

Jessica Peterson

DREAMIFY REAL ESTATE LLC Brokerage Phone: 888-883-8509 License #3417108 Listed on: 01/25/2024

DREAMIFY REAL ESTATE LLC

Last Buyer's Agent

Louise Cabral

COLDWELL BANKER REALTY License #3460766

COLDWELL BANKER REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,731

Year Built

  • Built in 2019

Lot Details

  • 6,499 Sq Ft Lot
  • Property fronts a freshwater canal
  • North Facing Home
  • Irrigation
  • Property is zoned PDMU

HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,507 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan

Kitchen

  • Built-In Oven
  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security Gate
  • Smart Home
  • High Impact Windows
  • Fire and Smoke Detector

Outdoor Features

  • Water access To Gulf or Ocean
  • Access To Intracoastal Waterway
  • River Access
  • Access To Marina
  • Fishing Pier
  • Access To Lagoon or Estuary
  • Seawall
  • Boat Lift
  • Boat Ramp
  • Assigned Boat Slip
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include pool, ground maintenance
  • $111 Other Monthly Fees
  • Julie Conway Association, Phone Number (941) 758-9454
  • Visit Association Website
  • Sanctuary Cove Association
  • Sanctuary Cove Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,731

Year Built

Built in 2019

Lot Details

0

HOA Fees

$247 per month

Parking

2

Listing Details

  • HOA Fee Includes: Pool, Maintenance Grounds
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Stucco
  • Fireplace: No
  • Living Area: 2507
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 2019
  • Building Area Total: 3172
  • Lot Size Sq Ft: 6499
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Building Area Total Srch Sq M: 294.69
  • Escrow State: FL
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 319.11
  • Total Acreage: 0 to less than 1/4
  • Water Access YN: 1
  • Other Fees Amount: 332
  • MFR_NumAssignedParkingSpaces: 2
  • MFR_InLawSuiteYN: 0
  • MFR_CommunityAssociationWaterFeatures: Boat Slip,Fishing,Marina,Private Boat Ramp,River,Water Access,Waterfront
  • Attribution Contact: 888-883-8509
  • Tax Year: 2023
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceilings, Open Floorplan, Primary Bedroom Main Floor, Smart Home, Tray Ceiling(s), Vaulted Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Touchless Faucet, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: One
  • Window Features: Impact Glass/Storm Windows
  • ResoLivingAreaSource: PublicRecords
  • Living Area Meters: 232.91

Exterior Features

  • Direction Faces: North
  • Exterior Features: Irrigation System, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sidewalk
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Patio and Porch Features: Covered, Patio
  • Road Surface Type: Paved
  • Water Access: Freshwater Canal w/Lift to Saltwater Canal,Gulf/Ocean,Gulf/Ocean to Bay,Intracoastal Waterway,Lagoon,Marina,River
  • Water Extras: Assigned Boat Slip,Boat Ramp - Private,Fishing Pier,Lift,Seawall - Concrete
  • Water View YN: 0
  • Waterfront Feet Total: 0
  • Flood Zone Panel: 12081C0168F

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Clubhouse, Deed Restrictions, Fitness Center, Gated Community - No Guard, Golf Carts OK, Pool, Sidewalks
  • Association Amenities: Clubhouse, Fitness Center, Gated, Pool, Spa/Hot Tub
  • Association Fee: 358
  • Association Fee Frequency: Quarterly
  • Association Name: Julie Conway
  • Phone: 9417589454
  • Association: Yes
  • Security: Security Gate, Smoke Detector(s)
  • Senior Community: No
  • Association #2 Fee: 1532
  • Association #2 Fee Frequency: Annually
  • Association: Sanctuary Cove
  • Association 2 YN: 1
  • Association Approval Required YN: 0
  • Pet Restrictions: Check with association
  • Association Fee Requirement: Required
  • Association Email: jconway@cscmsi.com
  • Association URL: cscmsi.com

Fee Information

  • Total Annual Fees: 4292.00
  • Total Monthly Fees: 357.67
  • Other Fees Term: Quarterly
  • Monthly HOA Amount: 119.33

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1015736059
  • Additional Parcels: No
  • Flood Zone Code: X500

Rental Info

  • Pets Allowed: Cats OK, Dogs OK
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: Check with association on lease restrictions

Tax Info

  • Tax Annual Amount: 7731
  • Tax Book Number: 36-51
  • Tax Lot: 121
  • Tax Other Annual Assessment Amount: 769

Multi Family

  • Approval Process: Submit application

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2024
Closed on
Aug 16, 2024
Sold by
Geiser Michael A and Geiser Emily S
Bought by
Graffagnino Kevin Charles and Graffagnino Maryjo
Seller's Agent
Jessica Peterson
DREAMIFY REAL ESTATE LLC
Buyer's Agent
Louise Cabral
COLDWELL BANKER REALTY
List Price
$975,000
Sold Price
$800,000
Premium/Discount to List
-$175,000
-17.95%
Views
55
Current Estimated Value
$775,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$24,655
Avg. Annual Appreciation
-2.17%
Original Mortgage
$450,000
Outstanding Balance
$444,985
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$330,360

Purchase Details

Closed on
May 22, 2019
Sold by
Wci Communities Llc
Bought by
Gelser Michael A and Gelser Emily S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,992
Interest Rate
4%
Mortgage Type
New Conventional

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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Graffagnino Kevin Charles $800,000 Sunbelt Title
Gelser Michael A $390,000 Calatlantic Title Inc
Wci Communities Llc $4,579,200 Flroida Title & Guarantee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graffagnino Kevin Charles $450,000
Previous Owner Gelser Michael A $311,992
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2024 08/16/24 Sold $800,000 -5.9% $319 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
05/22/2024 05/22/24 Price Changed $850,000 -1.7% $339 / Sq Ft
05/13/2024 05/13/24 Price Changed $865,000 -1.1% $345 / Sq Ft
04/25/2024 04/25/24 Price Changed $875,000 -2.5% $349 / Sq Ft
03/30/2024 03/30/24 Price Changed $897,000 -3.0% $358 / Sq Ft
03/17/2024 03/17/24 Price Changed $925,000 -2.6% $369 / Sq Ft
02/29/2024 02/29/24 Price Changed $950,000 -1.6% $379 / Sq Ft
02/17/2024 02/17/24 Price Changed $965,000 -1.0% $385 / Sq Ft
02/05/2024 02/05/24 For Sale $975,000 0.0% $389 / Sq Ft
01/29/2024 01/29/24 Pending -- -- --
01/25/2024 01/25/24 For Sale $975,000 -- $389 / 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 $7,844 $579,835 $119,850 $459,985
2023 $7,731 $394,771 $0 $0
2022 $7,541 $383,273 $0 $0
2021 $6,282 $362,867 $0 $0
2020 $6,474 $357,857 $0 $0
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: A4597084

Stellar MLS

APN: 10157-3605-9