Seller's Agent in 2023
Lynne Reda
BRIGHT REALTY
(941) 807-1954
49 Total Sales
2201 5th St W Palmetto, FL 34221
Palmetto AreaEstimated Value: $1,516,000 - $1,678,000
4
Beds
4
Baths
3,407
Sq Ft
$467/Sq Ft
Est. Value
Highlights
- 112 Feet of Riverfront
- Cathedral Ceiling
- Bonus Room
- 0.55 Acre Lot
- Wood Flooring
- Great Room
About This Home
As of July 2023One or more photo(s) has been virtually staged. Priced below appraisal!!!! Come with a creative mind and make this home yours! This home offers an appealing layout perfect for a large family and panoramic views of the Manatee River from almost every room. RARE opportunity to own a .55 acre riverfront home in the historical area of Palmetto with 112 feet of water frontage! This spacious home has 4 bedrooms, 4 bathrooms, 3407 sq ft, a large great room with a wood burning fireplace, wood built-ins, under the stairs storage closet and slider doors to a screened-in deck. The master bedroom, located on the first floor, offers tons of space and views along with an en-suite that has his and her sinks, soaking tub and a separate shower. The 2nd bedroom is also located on the first floor and was originally used an an office. The 3rd and 4th bedrooms are located on the 2nd floor and each bedroom has it's own bathroom. There is a large bonus/family room on the second floor for additional entertaining and spectacular views from almost every window. The kitchen has 2 built-in ovens, separate ice maker & granite counters tops. The laundry room has a sink and cabinets for storage. Sit and enjoy the views from your screened lanai that is the length of the ENTIRE back of the house. Park your boat on the shared dock with water and electric and a boat lift or store your water toys in the 3 car garage. The roof was replaced in 2014 and the home comes with hurricane shutters. This Estate home is on the market for the first time. The original owners enjoyed many family gatherings over the years and it has been well loved by all!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,397
Year Built
- Built in 1994
Lot Details
- 23,749 Sq Ft Lot
- Lot Dimensions are 95x125
- 112 Feet of Riverfront
- River Front
- Street terminates at a dead end
- Northwest Facing Home
- Irrigation
- Property is zoned RS2
Parking
- 3 Car Attached Garage
- Garage Door Opener
Home Design
- Shingle Roof
- Block Exterior
- Metal Siding
Interior Spaces
- 3,407 Sq Ft Home
- 1-Story Property
- Built-In Features
- Cathedral Ceiling
- Ceiling Fan
- Wood Burning Fireplace
- Shutters
- Blinds
- Great Room
- Breakfast Room
- Formal Dining Room
- Bonus Room
- Inside Utility
- River Views
- Crawl Space
Kitchen
- Eat-In Kitchen
- Dinette
- Built-In Oven
- Cooktop
- Microwave
- Ice Maker
- Dishwasher
- Disposal
Flooring
- Wood
- Carpet
- Linoleum
- Ceramic Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Security System Owned
- Hurricane or Storm Shutters
Outdoor Features
- River Access
- Davits
- Exterior Lighting
- Rain Gutters
- Awning
Location
- Flood Zone Lot
Schools
- Palmetto Elementary-Mn School
- Buffalo Creek Middle School
- Palmetto High School
Utilities
- Central Heating and Cooling System
- Cable TV Available
Community Details
- No Home Owners Association
- Alexanders Resub Community
- Alexanders Resubdivided Subdivision
Listing and Financial Details
- Visit Down Payment Resource Website
- Legal Lot and Block 1 / 2
- Assessor Parcel Number 2858700202
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 7, 2022
Closed on
Jul 31, 2023
Sold by
Bought by
Seller's Agent
Lynne Reda
BRIGHT REALTY
Buyer's Agent
Lynne Reda
BRIGHT REALTY
List Price
$1,999,999
Sold Price
$1,500,000
Premium/Discount to List
-$499,999
-25%
Views
154
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,852
Avg. Annual Appreciation
2.01%
Purchase Details
Closed on
Dec 13, 2022
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,500,000 | Stewart Title Company | ||
| $100 | -- |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2023 07/31/23 | Sold | $1,500,000 | -14.3% | $440 / Sq Ft |
| 06/05/2023 06/05/23 | Pending | -- | -- | -- |
| 02/10/2023 02/10/23 | Price Changed | $1,750,000 | -5.4% | $514 / Sq Ft |
| 01/04/2023 01/04/23 | Price Changed | $1,850,000 | -7.5% | $543 / Sq Ft |
| 10/07/2022 10/07/22 | For Sale | $1,999,999 | -- | $587 / Sq Ft |
Source: Stellar MLS
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $28,198 | $1,531,636 | $509,367 | $1,022,269 |
| 2023 | $32,327 | $1,683,688 | $509,367 | $1,174,321 |
| 2022 | $8,798 | $488,843 | $0 | $0 |
| 2021 | $8,397 | $474,605 | $0 | $0 |
| 2020 | $8,660 | $468,052 | $0 | $0 |
| 2019 | $8,519 | $457,529 | $0 | $0 |
| 2018 | $8,429 | $448,998 | $0 | $0 |
| 2017 | $7,929 | $439,763 | $0 | $0 |
| 2016 | $7,883 | $430,718 | $0 | $0 |
| 2015 | $7,840 | $427,724 | $0 | $0 |
| 2014 | $7,840 | $424,329 | $0 | $0 |
| 2013 | $7,797 | $418,058 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Lynne Reda
Map
Source: Stellar MLS
MLS Number: A4548989
APN: 28587-0020-2
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Listings courtesy of Stellar MLS as distributed by MLS GRID.
Based on information submitted to the MLS GRID
Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393
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