NOT LISTED FOR SALE

2313 5th St E Palmetto, FL 34221

Estimated Value: $982,000 - $1,280,000

4 Beds
4.5 Baths
3,010 Sq Ft
$379/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $1,115,000 $370 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,259/month

47 Days on Market

Highlights

  • Marina
  • Marina View
  • Access To Marina
  • Community Boat Slip
  • Dock made with concrete
  • Boat Slip Deeded

About This Home

As of December 2021

A Boater’s Paradise! This House has all the bells and whistles you've been waiting for to live the Florida Dream! Welcome to your Waterfront Estate with a Boat Slip in a Private Marina located in the luxurious gated community of Sanctuary Cove. This beautiful modern home is a definite must see with a total of 3010 sq ft including 4 bedrooms and 4.5 bathrooms. A gracious open floor plan of great room and kitchen makes it perfect for entertaining and family gatherings. Chef’s kitchen with quartz counters and walk-in pantry opens to the living room with high ceilings and large sliding doors to the screened backyard with stunning views of the Marina, Downtown Bradenton and gorgeous Florida Sunsets. Enjoy a spacious outdoor living area featuring screened lanai, tumbled travertine pavers, sparkling heated saltwater pool and spa. Other notable features include hurricane rated impact resistant Low-E windows and doors, tankless water heater, whole house security system just to name a few. House comes with a deeded boat slip and 13,000 lbs. boat lift in Private Fresh Water Marina. Sanctuary Cove gated community offers resort-style pool, fitness center and 8,600 sq ft Clubhouse, Private Beach and Kayak storage. Spend your day on a boat fishing or simply cruise to see the sights of the Gulf of Mexico. Only minutes by boat to a number of restaurants, including the Bradenton Yacht Club. Sanctuary Cove is close to Downtown Bradenton, River Walk, I-75 and I-275, a short drive to Anna Maria Island, Bradenton/Holmes Beach, Longboat Key, Sarasota, St Pete and Tampa Bay . *Some pictures are virtually staged.

Last Agent to Sell the Property

Eugene Smith

ALBERT WOOSTER & COMPANY License #3466352 Listed on: 09/15/2021

Last Buyer's Agent

Molly Higdon

KELLER WILLIAMS ON THE WATER S License #3451768

KELLER WILLIAMS ON THE WATER S

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,061

Year Built

  • Built in 2019

Lot Details

  • 0.3 Acre Lot
  • Property fronts a freshwater canal
  • Northeast Facing Home
  • Oversized Lot
  • Landscaped with Trees
  • Property is zoned PDMU

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Marina
  • River

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,010 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Awning
  • Bonus Room

Kitchen

  • Built-In Oven
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • In Wall Pest System
  • Pest Guard System

Pool

  • Screened Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Pool
  • Pool is Self Cleaning
  • Fence Around Pool
  • Fiber Optic Pool Lighting

Outdoor Features

  • Access To Marina
  • Property is near a marina
  • Dock has access to water
  • Boat Lift
  • Boat Slip Deeded
  • Dock made with concrete
  • Outdoor Kitchen
  • Outdoor Grill
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater
  • Fiber Optics Available

Listing and Financial Details

Community Details

Overview

  • Association fees include 24-Hour Guard, pool, escrow reserves fund, ground maintenance, recreational facilities
  • $95 Other Monthly Fees
  • Megan Heins Association, Phone Number (941) 304-6560
  • Built by WCI
  • Sanctuary Cove Subdivision

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,061

Year Built

Built in 2019

Lot Details

0

HOA Fees

$100 per month

Parking

2

Listing Details

  • HOA Fee Includes: Guard - 24 Hour, Pool, Escrow Reserves Fund, Maintenance Grounds, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 3010
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 2019
  • Building Area Total: 3410
  • Lot Size Sq Ft: 12981
  • Status: Sold
  • Street Post Direction: E
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: Builder
  • Building Area Total Srch Sq M: 316.80
  • Escrow State: FL
  • Minimum Lease: 3 Months
  • RATIO Current Price By Calculate: 370.43
  • Total Acreage: 1/4 to less than 1/2
  • Water Access YN: 1
  • Other Fees Amount: 285
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceilings, In Wall Pest System, Pest Guard System, Solid Surface Counters, Walk-In Closet(s)
  • Appliances Included: Built-In Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Refrigerator, Tankless Water Heater, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Two
  • Spa Features: Heated, In Ground
  • Spa Yn: Yes
  • Stories: 1
  • ResoLivingAreaSource: Builder
  • Additional Rooms: Bonus Room
  • Living Area Meters: 279.64

Exterior Features

  • Direction Faces: Northeast
  • Other Structures: Outdoor Kitchen
  • Pool Features: Fiber Optic Lighting, Gunite, Heated, Screen Enclosure, Self Cleaning
  • Exterior Features: Awning(s), Outdoor Grill, Rain Gutters
  • Roof: Concrete, Tile
  • Pool Private: Yes
  • View: Water
  • Waterfront: No
  • Road Surface Type: Asphalt
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure
  • Water Access: Freshwater Canal w/Lift to Saltwater Canal,Marina
  • Water Extras: Dock - Concrete,Dock - Slip Deeded On-Site,Dock w/Electric,Dock w/Water Supply,Lift
  • Water View: Marina,River
  • Water View YN: 1
  • Waterfront Feet Total: 0

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Fiber Optics, Natural Gas Connected, Public
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Fitness Center, Gated, Pool
  • Association Amenities: Boat Slip, Fitness Center, Gated, Marina, Pool, Spa/Hot Tub
  • Association Fee: 300
  • Association Fee Frequency: Quarterly
  • Association Name: Megan Heins
  • Phone: 941-304-6560
  • Association: Yes
  • Security: Fire Alarm
  • Senior Community: No
  • Association Approval Required YN: 1
  • Association Fee Requirement: Required
  • Association Email: mheins@castlegroup.com

Fee Information

  • Total Annual Fees: 2340.00
  • Total Monthly Fees: 195.00
  • Other Fees Term: Quarterly
  • Monthly HOA Amount: 100.00

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1015738809
  • Additional Parcels: No
  • Lot Features: Near Marina, Oversized Lot
  • Property Attached Yn: No
  • Flood Zone Code: X AE

Building Info

  • Builder Name: WCI

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Lease Restrictions YN: 1
  • Additional Lease Restrictions: See HOA paperwork.

Tax Info

  • Tax Annual Amount: 9060.73
  • Tax Book Number: 36-51
  • Tax Lot: 176
  • Tax Other Annual Assessment Amount: 300

Multi Family

  • Approval Process: See HOA paperwork.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 16, 2023
Sold by
Stark Michael D and Stark Michelle E
Bought by
Michael And Michelle Stark Revocable Trust
Current Estimated Value
$1,141,722

Purchase Details

Listed on
Sep 15, 2021
Closed on
Dec 2, 2021
Sold by
Frisbie Kevin David and Frisbie Erika
Bought by
Stark Michael D and Stark Michellee
Seller's Agent
Eugene Smith
ALBERT WOOSTER & COMPANY
Buyer's Agent
Molly Higdon
KELLER WILLIAMS ON THE WATER S
List Price
$1,299,995
Sold Price
$1,115,000
Premium/Discount to List
-$184,995
-14.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.57%
Original Mortgage
$625,000
Interest Rate
3.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 26, 2019
Sold by
Lennar Homes Llc
Bought by
Frisble Kevin David and Frisble Erika

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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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
Michael And Michelle Stark Revocable Trust $100 None Listed On Document
Stark Michael D $1,115,000 Attorney
Frisble Kevin David $521,800 Calatlantic Title Inc
Wci Communities Llc $4,579,200 Flroida Title & Guarantee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stark Michael D $625,000
Previous Owner Stark Michael D $625,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/02/2022 03/02/22 Off Market $1,115,000 -- --
12/01/2021 12/01/21 Sold $1,115,000 -7.1% $370 / Sq Ft
11/01/2021 11/01/21 Pending -- -- --
10/14/2021 10/14/21 Price Changed $1,199,995 -4.0% $399 / Sq Ft
10/05/2021 10/05/21 Price Changed $1,249,995 -3.8% $415 / Sq Ft
09/15/2021 09/15/21 For Sale $1,299,995 -- $432 / Sq Ft
Source: Stellar MLS

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 $13,187 $702,331 $130,050 $572,281
2023 $13,012 $671,768 $91,800 $579,968
2022 $15,534 $799,830 $90,000 $709,830
2021 $8,677 $489,422 $75,000 $414,422
2020 $9,061 $447,028 $75,000 $372,028
2019 $701 $75,000 $75,000 $0
2018 $228 $10,500 $10,500 $0
2017 $220 $10,500 $0 $0
2016 $231 $10,900 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4512437

Stellar MLS

APN: 10157-3880-9