NOT LISTED FOR SALE

2005 6th St W Palmetto, FL 34221

Estimated Value: $737,000 - $792,000

3 Beds
3.5 Baths
2,506 Sq Ft
$302/Sq Ft Est. Value

Last Sold May 22, 2019

Last sale price $389,990 $156 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $4,964/month

274 Days on Market

Highlights

  • Private Beach
  • Fitness Center
  • Gated Community
  • Deeded access to the beach
  • Under Construction
  • Open Floorplan

About This Home

As of May 2019

UNDER CONSTRUCTION!! WATERFRONT BOATING COMMUNITY!! New Homes with Boat Slips now available with purchase of select homesites. The spacious Martinique, at 2,506 square feet with 3 bedrooms and 3.5 bathrooms, has an abundance of windows, providing natural sunlight throughout the home. The large family room opens to the covered patio, perfect for enjoying the Florida weather. The kitchen is huge, with quartz countertops, GE® stainless steel appliances, double oven and gas cooktop. A full-size pantry makes it easy to store what you need for your favorite recipes, and the adjoining dining room makes it easy to prepare and serve family meals. The master suite is enormous, with double sinks, a water closet and a walk-in closet that will excite any clothes or shoe fan. Enjoy the space of two additional bedrooms along with a den, perfect for guests or even a library for your book collection. Sanctuary Cove Estates offers beautiful waterfront homes with amazing views, perfect for nature and outdoor lovers alike. Your new home overlooks a 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. You are just minutes to beaches and gulf waters. 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

leslie rook

OAKSTRAND REALTY License #3047841

OAKSTRAND REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $157

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 0.25 Acre 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
  • Slab Foundation
  • Shingle Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,506 Sq Ft Home
  • Open Floorplan
  • Thermal Windows
  • Blinds
  • Sliding Doors
  • Great Room
  • Den
  • 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, Martinique 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

$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: 2506
  • New Construction: Yes
  • Year Built: 2019
  • Building Area Total: 2906
  • 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=T3116141&show_results=true&skip_sso=true
  • Down Payment Resource URL 2: http://www.workforce-resource.com/eligibility/listing?metro_area=MFRMLS&listing_id=T3116141&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
  • Projected Completion Date: 2019-03-15T04:00:00.000Z
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 155.62
  • Close to Original List Price Ratio: 0.96535
  • Ratio: Current Price\Building Area Total: 134.2
  • 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
  • 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: One
  • Window Features: Blinds, Thermal Windows
  • Street Number Modifier: 2005
  • Room Count: 7
  • Additional Rooms: Den/Library/Office, Great Room, Inside Utility
  • 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: 1015736059
  • 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: 157
  • Tax Book Number: 36-51
  • Tax Lot: 121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 16, 2024
Sold by
Geiser Michael A and Geiser Emily S
Bought by
Graffagnino Kevin Charles and Graffagnino Maryjo
Current Estimated Value
$755,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Outstanding Balance
$444,985
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$310,946

Purchase Details

Listed on
Jun 29, 2018
Closed on
May 22, 2019
Sold by
Wci Communities Llc
Bought by
Gelser Michael A and Gelser Emily S
Seller's Agent
Ben Goldstein
LENNAR REALTY
Buyer's Agent
leslie rook
OAKSTRAND REALTY
List Price
$403,990
Sold Price
$389,990
Premium/Discount to List
-$14,000
-3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.88%
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:

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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
05/22/2019 05/22/19 Sold $389,990 0.0% $156 / Sq Ft
03/30/2019 03/30/19 Pending -- -- --
03/07/2019 03/07/19 Price Changed $389,990 -8.5% $156 / Sq Ft
01/14/2019 01/14/19 Price Changed $426,140 +5.5% $170 / Sq Ft
07/24/2018 07/24/18 For Sale $403,990 +3.6% $161 / Sq Ft
07/13/2018 07/13/18 Off Market $389,990 -- --
06/29/2018 06/29/18 For Sale $403,990 -- $161 / 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
2024 $7,844 $406,614 -- --
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
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: T3116141

Stellar MLS

APN: 10157-3605-9