NOT LISTED FOR SALE

2317 5th St E Palmetto, FL 34221

Estimated Value: $770,039 - $860,000

3 Beds
2.5 Baths
2,230 Sq Ft
$365/Sq Ft Est. Value

Last Sold May 25, 2022

Last sale price $840,000 $377 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,350/month

13 Days on Market

Highlights

  • River Access
  • Fishing
  • Open Floorplan
  • Fitness Center
  • Gated Community
  • Canal View

About This Home

As of May 2022

Luxury living and stunning water views in this contemporary home that shows like a model home. Desirable home with open floorplan, large great room, tall ceilings throughout, quartz countertops, gas range, on demand hot water, huge walk-in shower and double vanity sinks, custom closets in all bedrooms, water filtration system, brick paver driveway and much, much more. Oversized lot next to a protected conservation area on one side for added privacy with canal views in the back. Relax on the lanai/patio to westerly sunsets while cooking in your outdoor kitchen. Hurricane strength sliding doors retract extending your living room space. No need to go anywhere for the Fourth of July, you can catch the fireworks show over the Manatee River right from your screened lanai. Explore the river at the kayak launch or enjoy fishing from the riverfront park. Sanctuary Cove is a gated, boating community, but boat ownership is not required - slips available for lease if desired. Other community amenities include; state-of-the-art fitness center, resort style pool, game room, clubhouse and the entire community is maintenance included (so no lawnmower needed). Check out the aerial virtual tour to view this incredible property and community!! https://player.vimeo.com/video/699003035

Last Agent to Sell the Property

Jessica Bell

PREMIER SOTHEBY'S INTERNATIONAL REALTY License #3473968 Listed on: 04/08/2022

PREMIER SOTHEBY'S INTERNATIONAL REALTY

Last Buyer's Agent

Elizabeth Blandford

SALTY MERMAID REAL ESTATE LLC License #3059999

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $202

Year Built

  • Built in 2018

Lot Details

  • 0.3 Acre Lot
  • East Facing Home
  • Property is zoned PDMU

HOA Fees

  • $105 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior

Interior Spaces

  • 2,230 Sq Ft Home
  • Open Floorplan
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Window Treatments
  • Sliding Doors
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Tile Flooring
  • Canal Views

Kitchen

  • Built-In Oven
  • Cooktop with Range Hood
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main

Outdoor Features

  • River Access
  • Access to Brackish Canal
  • Outdoor Kitchen

Utilities

  • Central Heating and Cooling System
  • Water Filtration System
  • Tankless Water Heater
  • Gas Water Heater

Listing and Financial Details

Community Details

Overview

  • Association fees include maintenance structure, ground maintenance, private road
  • $331 Other Monthly Fees
  • C & S Community Management Service Association, Phone Number (941) 704-2390
  • Visit Association Website
  • Ellenton Estates Community
  • Sanctuary Cove Sub Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Fitness Center
  • Community Pool
  • Fishing

Additional Features

  • Clubhouse
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$202

Year Built

Built in 2018

Lot Details

0

HOA Fees

$105 per month

Parking

2

Listing Details

  • HOA Fee Includes: Maintenance Structure, Maintenance Grounds, Private Road
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block
  • Fireplace: No
  • Living Area: 2230
  • Lot Size Acres: 0.3
  • New Construction: No
  • Year Built: 2018
  • Building Area Total: 3003
  • Lot Size Sq Ft: 13279
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4530947?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4530947?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 3
  • Total Acreage: 1/4 to less than 1/2
  • Unit Number Y N: No
  • Other Fees Amount: 993
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 376.68
  • Close to Original List Price Ratio: 1
  • Ratio: Current Price\Building Area Total: 279.72
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Ceiling Fans(s), High Ceiling(s), Kitchen/Family Room Combo, Living Room/Dining Room Combo, Master Bedroom Main Floor, Open Floorplan, Tray Ceiling(s), Window Treatments
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Water Filtration System
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Room Count: 6

Exterior Features

  • Direction Faces: East
  • Exterior Features: Outdoor Kitchen, Sidewalk, Sliding Doors
  • Roof: Tile
  • Pool Private: No
  • Waterfront: No
  • Road Surface Type: Paved
  • Water View: Canal
  • Water Access: Canal - Brackish, River
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: No
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

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

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Fishing, Fitness, Gated Community, Golf Carts OK, Pool, Sidewalk, Water Access
  • Association Amenities: Clubhouse, Fitness Center, Gated, Maintenance, Pool
  • Association Fee: 315
  • Association Fee Frequency: Quarterly
  • Association Name: C & S COMMUNITY MANAGEMENT SERVICE
  • Phone: 941-704-2390
  • Association: Yes
  • Senior Community: No
  • Other Fees Term: Annual
  • Association Website: SANCTUARYCOVEFL.NET
  • Association Email: jconway@cscmsi.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 2253
  • Monthly HOA Fee: 105
  • Total Monthly Fees: 187.75

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1015738859
  • Additional Parcels: No
  • Flood Zone Code: AE, X

Rental Info

  • Pets Allowed: Number Limit
  • Minimum Lease: 3 Months
  • Num Timesper Year: 2
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: NO MORE THAN TWO TIMES PER YEAR

Tax Info

  • Tax Annual Amount: 202.39
  • Tax Lot: 177

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
May 25, 2022
Sold by
Lane Melvin P and Lane Audrey M
Bought by
Wolff Louis and Wolff Lisa
Seller's Agent
Jessica Bell
PREMIER SOTHEBY'S INTERNATIONAL REALTY
Buyer's Agent
Elizabeth Blandford
SALTY MERMAID REAL ESTATE LLC
List Price
$840,000
Sold Price
$840,000
Current Estimated Value
$813,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,490
Avg. Annual Appreciation
-0.88%

Purchase Details

Closed on
Feb 20, 2019
Sold by
Wci Communities Llc
Bought by
Lane Melvin P and Farrish Lane Audrey M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$477,540
Interest Rate
4.4%
Mortgage Type
VA

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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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
Wolff Louis $840,000 Mackey Law Group Pa
Lane Melvin P $477,600 Calatlantic Title Inc
Wci Communities Llc $4,579,200 Flroida Title & Guarantee
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lane Melvin P $477,540
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/25/2022 05/25/22 Sold $840,000 0.0% $377 / Sq Ft
04/22/2022 04/22/22 Pending -- -- --
04/08/2022 04/08/22 For Sale $840,000 -- $377 / 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 $12,394 $590,563 $135,150 $455,413
2023 $12,228 $630,652 $165,750 $464,902
2022 $984 $351,697 $0 $0
2021 $194 $341,453 $0 $0
2020 $193 $336,739 $70,000 $266,739
2019 $832 $70,000 $70,000 $0
2018 $228 $10,500 $10,500 $0
2017 $220 $10,500 $0 $0
2016 $263 $12,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jessica Bell

    Seller's Agent in 2022

    Jessica Bell

    PREMIER SOTHEBY'S INTERNATIONAL REALTY

    (850) 509-5512

    1 in this area

    44 Total Sales

    Jessica Bell
    Section Image
  • Elizabeth Blandford

    Buyer's Agent in 2022

    Elizabeth Blandford

    SALTY MERMAID REAL ESTATE LLC

    (941) 224-3304

    2 in this area

    56 Total Sales

    Elizabeth Blandford
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4530947

Stellar MLS

APN: 10157-3885-9

Florida Manatee County Palmetto 34221

2317 5th St E, Palmetto, FL

Not Listed for Sale

Detached

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Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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