NOT LISTED FOR SALE

2206 5th St E Palmetto, FL 34221

Estimated Value: $532,000 - $737,000

2 Beds
3 Baths
1,962 Sq Ft
$314/Sq Ft Est. Value

Last Sold March 01, 2022

Last sale price $444,090 $226 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,038/month

51 Days on Market

About This Home

As of March 2022

With its impactful triple-arch entry, the Grand Cayman offers stylish living and desirable features. Central to the home is a spacious living room which flows into a well-appointed kitchen with an island, double oven and plentiful cabinet space, perfect for entertaining guests. There is also a den for those who work from home or just need a peaceful place to read. This home also features a separate entrance from the owner's suite to the covered patio, providing ease and relaxation. Experience serene waterfront living with picturesque views and dynamic amenities at Sanctuary Cove. Enjoy new single-family homes, with water-access homesites available, along with incredible amenities such as a marina, pool, nature preserve, beach area and water access. 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: 05/25/2021

Last Buyer's Agent

Amy Kincheloe

54 REALTY LLC License #708386

54 REALTY LLC

Home Details

Home Type

  • Single Family

Year Built

  • 2021

Lot Details

  • 6,490

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2

Listing and Financial Details

Home Details

Home Type

Single Family

Year Built

2021

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Carport Y N: No
  • Directions: 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
  • Garage Yn: Yes
  • New Construction: Yes
  • Ownership: Fee Simple
  • Road Surface Type: Paved
  • Subdivision Name: SANCTUARY COVE
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3308634?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/T3308634?w=Customer
  • Homestead Y N: No
  • Total Acreage: Non-Applicable
  • Unit Number Y N: No
  • Call Center Phone Number: 813-917-9080
  • Projected Completion Date: 2021-12-31T05:00:00.000Z
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 226.35
  • Close to Original List Price Ratio: 1.0068
  • Ratio: Current Price\Building Area Total: 188.01
  • Special Features: NewHome
  • Year Built: 2021

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: No
  • Flooring: Other
  • Interior Amenities: Other
  • Room Count: 5

Exterior Features

  • Roof: Tile
  • Exterior Features: Other
  • Foundation Details: Slab
  • Property Condition: Under Construction
  • Builder Name: LENNAR
  • Construction Type: Block, Stucco
  • Direction Faces: North
  • Pool Private: No
  • Waterfront: No
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Open Parking: No

Utilities

  • Cooling: Central Air
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public
  • Public Remarks Required: Under Construction.

Condo/Co-op/Association

  • Association Fee: 952
  • Association Fee Frequency: Annually
  • Association Name: TAMMY GOLDMAN
  • Association: Yes
  • Pets Allowed: Yes
  • Senior Community: No
  • Association Email: tgoldman@castlegroup.com
  • Amenities Additional Fees: 50’ LAWN MAINTENANCE - $300.OO QUARTERLY
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 952
  • Monthly HOA Fee: 79.33
  • Total Monthly Fees: 79.33

Schools

  • Middle Or Junior School: Lincoln Middle

Lot Info

  • Additional Parcels: No
  • Zoning: MPUD
  • Flood Zone Code: X

Tax Info

  • Tax Annual Amount: 1342.68
  • Tax Block: 01
  • Tax Book Number: 00/00
  • Tax Lot: 47
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jan 28, 2022
Sold by
Wci Communities Llc
Bought by
Roberts Kari
Seller's Agent
Ben Goldstein
LENNAR REALTY
Buyer's Agent
Amy Kincheloe
54 REALTY LLC
List Price
$441,090
Sold Price
$444,090
Premium/Discount to List
$3,000
0.68%
Current Estimated Value
$615,639

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$171,549
Avg. Annual Appreciation
8.93%
Original Mortgage
$304,090
Outstanding Balance
$283,608
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$332,031

Purchase Details

Closed on
Sep 18, 2020
Sold by
Sanctuary Cove Asli Vi Lllp
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
Roberts Kari $444,100 New Title Company Name
Wci Communities Llc $4,586,800 Calatlantic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roberts Kari $304,090
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/01/2022 03/01/22 Sold $444,090 0.0% $226 / Sq Ft
07/15/2021 07/15/21 Pending -- -- --
06/10/2021 06/10/21 Price Changed $444,090 +0.7% $226 / Sq Ft
05/25/2021 05/25/21 For Sale $441,090 -- $225 / 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 $8,919 $477,459 -- --
2024 $8,919 $464,003 -- --
2023 $8,739 $447,632 $81,600 $366,032
2022 $2,286 $80,000 $80,000 $0
2021 $1,343 $70,000 $70,000 $0
2020 $614 $70,000 $70,000 $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: T3308634

Stellar MLS

APN: 10157-3735-9