NOT LISTED FOR SALE

2202 4th St E Palmetto, FL 34221

Estimated Value: $1,399,000 - $1,506,000

4 Beds
3.5 Baths
3,046 Sq Ft
$478/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $1,365,000 $448 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,340/month

Highlights

  • 109 Feet of Waterfront
  • Community Boat Slip
  • Fitness Center
  • Marina
  • Marina View
  • New Construction

About This Home

As of August 2022

Custom waterfront dream home just completed and ready for its new owners! Why wait to build when this stunning estate is ready now! This well thought out floor plan is the ONLY completed home available in Water’s Edge and has everything on your wish list including 4 bedrooms (2 with en suites), 3 full bathrooms plus a powder room, a versatile bonus room/office, 3 car garage, amazing outdoor kitchen with grill, sink, refrigerator and vented hood....and best of all, a spot for your boat right out back! The spacious yard with 109’ of waterfront has plenty of room to add a pool and a boat lift. Custom designer finishes such as cased out windows, French doors, crown molding, trey ceilings, flat tile roof and dual pane low E hurricane impact windows just to name a few. Wake up to beautiful water views from the owner’s suite featuring barn doors leading to the luxurious bathroom with stand alone soaking tub, dual sinks and closets with wood shelves and an enormous walk-in shower. The kitchen is truly the heart of the home centered between the family room and dining room with magnificent views, solid wood double stacked cabinets with glass on top and crown molding, glass tile backsplash, a large breakfast bar, farm style sink and center island. SS natural gas appliances package including 6 burner range, built in drawer microwave and a French door refrigerator with dual zone pull outs. Water’s Edge at Sanctuary Cove - Manatee County’s newest Waterfront Boating Community on the Manatee River offers unparalleled amenities and value! This unique gated community features custom homesites with several builders (this is not your typical cookie cutter subdivision) a private Riverfront sand beach, kayak/canoe launch picnic & grill area. Low HOA fee’s include beautiful clubhouse with resort style pool, fitness center, game room and waterfront patio. Perfect location for commuters and boaters alike -less than 10 mins to downtown Bradenton, 20 mins to St. Petersburg and 20 mins to Sarasota. Quick boat ride to several area restaurants, activities and the beautiful gulf beaches.

Last Agent to Sell the Property

Nicole Hearn

FINE PROPERTIES License #3146545 Listed on: 07/29/2022

FINE PROPERTIES

Co-Listed By

Jaryd Hearn

FINE PROPERTIES License #3519865

Last Buyer's Agent

Luz Colina

PREMIER SOTHEBYS INT'L REALTY License #3079460

PREMIER SOTHEBYS INT'L REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,170

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 0.33 Acre Lot
  • 109 Feet of Waterfront
  • Fronts a freshwater canal with a boatlift to a saltwater canal
  • South Facing Home
  • Landscaped with Trees
  • Property is zoned PDMU

HOA Fees

  • $83 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Open Parking

Home Design

  • Ranch Style House
  • Florida Architecture
  • Stem Wall Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,046 Sq Ft Home
  • Open Floorplan
  • Bar Fridge
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • French Doors
  • Sliding Doors
  • Den
  • Marina Views

Kitchen

  • Eat-In Kitchen
  • Range with Range Hood
  • Recirculated Exhaust Fan
  • Microwave
  • Dishwasher
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Eco-Friendly Details

  • Reclaimed Water Irrigation System

Pool

  • Lap Pool
  • In Ground Pool
  • Spa

Outdoor Features

  • Access to a freshwater canal featuring a boatlift for transitioning to a saltwater canal
  • Seawall
  • No Wake Zone
  • Outdoor Kitchen
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Underground Utilities
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Optional Additional Fees
  • Association fees include community pool, pool maintenance
  • C&S Community Management Services / Julie Conway Association, Phone Number (941) 758-9454
  • Sanctuary Cove Subdivision
  • The community has rules related to deed restrictions
  • Rental Restrictions

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

  • Community Boat Slip
  • Marina
  • Fitness Center
  • Community Pool
  • Community Spa

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,170

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$83 per month

Parking

3

Listing Details

  • HOA Fee Includes: Community Pool, Pool Maintenance
  • Property Type: Residential
  • Property Condition: Completed
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Ranch
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3046
  • Lot Size Acres: 0.33
  • New Construction: Yes
  • Year Built: 2022
  • Building Area Total: 4300
  • Lot Size Sq Ft: 14270
  • Directions to Property: I-75 exit 224, to west on US HWY 301, to left on Sanctuary Cove Way (at Ellenton / Palmetto line), to left on 5th ST E, to right on 4th ST E. Lot 184 on right.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4542954?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4542954?w=Customer
  • Homestead Y N: No
  • Number Of Pets: 2
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 1.00368
  • Price per Sq Ft: 448.13
  • Close to Original List Price Ratio: 1.00368
  • Ratio: Current Price\Building Area Total: 317.44
  • View: Yes
  • Co List Office Mls Id: 281515992
  • Co List Office Phone: 941-782-0000
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Tax Year: 2021
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Laminate, Tile
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Crown Molding, Eating Space In Kitchen, High Ceiling(s), Master Bedroom Main Floor, Open Floorplan, Solid Wood Cabinets, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Bar Fridge, Dishwasher, Disposal, Exhaust Fan, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater
  • Foundation Details: Stem Wall
  • Total Bedrooms: 4
  • Levels: One
  • Spa Yn: Yes
  • Street Number Modifier: 2202
  • Room Count: 12
  • Additional Rooms: Den/Library/Office
  • ResoLivingAreaSource: Builder

Exterior Features

  • Direction Faces: South
  • Pool Features: In Ground, Lap
  • Exterior Features: French Doors, Irrigation System, Outdoor Grill, Outdoor Kitchen, Rain Gutters, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • View: Water
  • Waterfront: Yes
  • Road Surface Type: Asphalt
  • Water View: Marina
  • Water Access: Freshwater Canal w/Lift to Saltwater Canal
  • Water Extras: Lift - Covered, No Wake Zone, Seawall - Concrete
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 109
  • Water Frontage Feet F C W L S C: 109
  • Disclosures: Condominium Disclosure Available

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 3
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener
  • Covered Parking Spaces: 3
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Sprinkler Recycled, Street Lights, Underground Utilities, Water Connected
  • Cooling: Central Air
  • Heating: Electric, Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Community Mailbox, Deed Restrictions, Fitness, Gated Community, Pool, Water Access, Waterfront
  • Association Amenities: Boat Slip, Clubhouse, Fitness Center, Gated, Marina, Optional Additional Fees, Pool, Spa/Hot Tub
  • Association Fee: 995
  • Association Fee Frequency: Annually
  • Association Name: C&S Community Management Services / Julie Conway
  • Phone: (941) 758-9454
  • Association: Yes
  • Senior Community: No
  • Association Email: jconway@csmsi.com
  • Amenities Additional Fees: None
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 995
  • Monthly HOA Fee: 82.92
  • Total Monthly Fees: 82.92

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1015739209
  • Additional Parcels: No
  • Flood Zone Code: AE,X
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • Max Pet Weight: 100
  • Minimum Lease: 6 Months
  • Num Timesper Year: 2
  • Pet Restrictions: See HOA Restrictions
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: See HOA Restrictions

Tax Info

  • Tax Annual Amount: 1169.99
  • Tax Book Number: 36-51
  • Tax Lot: 184
  • Tax Other Annual Assessment Amount: 500

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2022
Closed on
Aug 26, 2022
Sold by
Mancinelli Investment Group Xiv Inc
Bought by
Torres Luis and Pagan Valerie
Seller's Agent
Nicole Hearn
FINE PROPERTIES
Buyer's Agent
Luz Colina
PREMIER SOTHEBYS INT'L REALTY
List Price
$1,360,000
Sold Price
$1,365,000
Premium/Discount to List
$5,000
0.37%
Current Estimated Value
$1,456,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,932
Avg. Annual Appreciation
2.10%

Purchase Details

Closed on
Aug 21, 2021
Sold by
Sanctuary Cove Asli Vi Lllp
Bought by
Mancinelli Investment Group Xiv Inc
Source: Public Records

Range of Values:

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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
Torres Luis $1,365,000 None Listed On Document
Mancinelli Investment Group Xiv Inc $265,000 Barnes Walker Title Inc
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2022 08/26/22 Sold $1,365,000 +0.4% $448 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/29/2022 07/29/22 For Sale $1,360,000 -- $446 / 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 $18,397 $975,571 -- --
2024 $18,397 $948,077 -- --
2023 $18,172 $920,463 $0 $0
2022 $5,525 $225,000 $225,000 $0
2021 $1,170 $100,000 $100,000 $0
2020 $1,182 $100,000 $100,000 $0
2019 $1,084 $90,000 $90,000 $0
2018 $623 $30,000 $30,000 $0
2017 $600 $30,000 $0 $0
2016 $707 $34,900 $0 $0
2015 $713 $34,900 $0 $0
2014 $713 $34,900 $0 $0
2013 $721 $34,900 $34,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4542954

Stellar MLS

APN: 10157-3920-9