NOT LISTED FOR SALE

5491 56th Ct E Bradenton, FL 34203

Braden River Neighborhood

Estimated Value: $568,853 - $746,000

0.21 Acre
$3,106,967 Price per Acre
9,034 Sq Ft Lot

Last Sold February 22, 2023

Last sale price $245,900

Est. 165% increase in value since last sale

Current estimated payment $4,231/month

127 Days on Market

Highlights

  • 95 Feet of Waterfront
  • Boat Dock
  • River Access
  • Tara Elementary School Rated A-
  • Assigned Boat Slip
  • Gated Community

About This Lot

As of February 2023

Riverside Point is a gated waterfront community of 37 homes on the Braden River in one of Bradenton's most convenient locations. Enjoy the natural beauty of the Braden River and abundant wildlife right in your back yard. The community association has also constructed 18 docs with 37 boat slips that will accommodate kayaks, or motorized watercraft up to 26 feet. Docks are available to owners on an assignment basis providing owners boat access to the Manatee River and Gulf.. Bring your own builder or contract with the Seller's preferred builder.

Last Agent to Sell the Property

Tyler Hardy

MICHAEL SAUNDERS & COMPANY License #3366351 Listed on: 10/08/2020

MICHAEL SAUNDERS & COMPANY

Last Buyer's Agent

Vinny Bui

BRIGHT REALTY License #3377055

BRIGHT REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,243

Lot Details

  • 9,034 Sq Ft Lot
  • Lot Dimensions are 53.2x124.8x95.32x123.85
  • 95 Feet of Waterfront
  • River Front
  • Property fronts a private road
  • Southwest Facing Home
  • Irregular Lot
  • Well Sprinkler System
  • Cleared Lot
  • Property is zoned PD-MU

HOA Fees

  • $109 Monthly HOA Fees

Schools

  • Tara Elementary School
  • Braden River Middle School
  • Braden River High School

Utilities

  • Underground Utilities
  • High Speed Internet
  • Phone Available
  • Cable TV Available

Additional Features

  • River Views
  • In Flood Plain

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 1733101909

Community Details

Overview

  • Association fees include common area taxes, escrow reserves fund, manager, private road
  • Allure Property Management Inc. Association, Phone Number (941) 567-1654
  • Riverside Point Subdivision
  • The community has rules related to deed restrictions

Recreation

  • Boat Dock
  • Community Boat Slip
  • River Access
  • Access to Brackish Water
  • Assigned Boat Slip
  • Dock made with wood

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$1,243

Lot Details

0

HOA Fees

$109 per month

Listing Details

  • HOA Fee Includes: Common Area Taxes, Escrow Reserves Fund, Manager, Private Road
  • Property Type: Land
  • Lot Size Acres: 0.21
  • Lot Size Sq Ft: 9034
  • Directions to Property: From I-75 take SR-70 heading West to left on 57th Ct. East or from Hwy 301 take SR 70 heading East to Right on 56th Ct. East.
  • Status: Sold
  • Street Post Direction: E
  • Total Acreage: 0 to less than 1/4
  • Ratio: Close Price\List Price: 1
  • Price per Sq Ft: 27.22
  • Close to Original List Price Ratio: 1
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2021
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Living Area Units: Square Feet
  • Street Number Modifier: 5491

Exterior Features

  • Direction Faces: Southwest
  • Road Frontage Type: Private Road
  • Water Body Name: Braden River
  • Waterfront: Yes
  • Road Surface Type: Paved
  • Water View: River
  • Water Access: Brackish Water, River
  • Water Extras: Assigned Boat Slip, Dock - Wood
  • Water View Y N: Yes
  • Front Footage: 53
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 95
  • Water Frontage Feet River: 95
  • Additional Water Information: All docks are association owned and assigned by lot. Dock maintenance is included with HOA fees.
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Open Parking: No

Utilities

  • Utilities: BB/HS Internet Available, Cable Available, Electricity Available, Natural Gas Available, Phone Available, Public, Sewer Available, Sprinkler Well, Underground Utilities, Water Available
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: No
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Deed Restrictions, Gated Community, Sidewalk, Water Access, Waterfront
  • Association Amenities: Boat Slip, Boat Dock, Gated
  • Association Fee: 328
  • Association Fee Frequency: Quarterly
  • Association Name: Allure Property Management Inc.
  • Phone: 941-567-1654
  • Association: Yes
  • Security: Gated Community
  • Association Email: mtoler@mgmt-allure.com
  • Association Fee Requirement: Required

Fee Information

  • Total Annual Fees: 1312
  • Monthly HOA Fee: 109.33
  • Total Monthly Fees: 109.33

Schools

  • Elementary School: Tara Elementary
  • High School: Braden River High
  • Middle Or Junior School: Braden River Middle

Lot Info

  • Zoning: PD-MU
  • Parcel Number: 1733101909
  • Additional Parcels: No
  • Current Use: Residential
  • Lot Features: Buildable, Cleared, Flood Plain, In County, Irregular Lot, Room For Pool
  • Lot Dimensions: 53.2x124.8x95.32x123.85
  • Price Per Acre: 1170952
  • Flood Zone Code: AE
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes
  • Pet Size: Large (61-100 Lbs.)
  • For Lease Y N: No

Tax Info

  • Tax Annual Amount: 1242.56
  • Tax Lot: 28

Multi Family

  • Waterfront Features: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2020
Closed on
Feb 13, 2023
Sold by
Trb Development Braden River Llc
Bought by
Le Luat C and Ho Tam Dac
Seller's Agent
Tyler Hardy
MICHAEL SAUNDERS & COMPANY
Buyer's Agent
Vinny Bui
BRIGHT REALTY
List Price
$245,900
Sold Price
$245,900
Views
10
Current Estimated Value
$652,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,563
Avg. Annual Appreciation
44.72%
Original Mortgage
$381,665
Outstanding Balance
$370,011
Interest Rate
6.48%
Mortgage Type
New Conventional
Estimated Equity
$282,452

Purchase Details

Closed on
Mar 1, 2017
Bought by
Trb Development Braden River L

Purchase Details

Closed on
Feb 1, 2017
Bought by
Trb Development Braden River L

Purchase Details

Closed on
Jan 23, 2017
Sold by
Braden River Investments Llc
Bought by
United Asset Holding Commerdial Llc
Source: Public Records

Range of Values:

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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
Le Luat C $581,700 --
Trb Development Braden River L $3,234,000 --
Trb Development Braden River L $100 --
United Asset Holding Commerdial Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Le Luat C $381,665
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2023 02/22/23 Sold $245,900 0.0% --
02/12/2021 02/12/21 Pending -- -- --
10/08/2020 10/08/20 For Sale $245,900 -- --
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 $7,952 $539,856 $163,200 $376,656
2024 $7,952 $543,661 $163,200 $380,461
2023 $2,097 $163,200 $163,200 $0
2022 $2,014 $160,000 $160,000 $0
2021 $1,243 $85,000 $85,000 $0
2020 $1,241 $85,000 $85,000 $0
2019 $1,090 $70,000 $70,000 $0
2018 $1,023 $64,800 $64,800 $0
2017 $976 $64,800 $0 $0
2016 $998 $64,800 $0 $0
2015 $1,043 $64,800 $0 $0
2014 $1,043 $65,750 $0 $0
2013 $1,058 $65,750 $65,750 $0
Source: Public Records

Agents Affiliated with this Home

  • Tyler Hardy

    Seller's Agent in 2023

    Tyler Hardy

    Michael Saunders

    (941) 201-8505

    6 in this area

    7 Total Sales

    Tyler Hardy
    Section Image
  • Vinny Bui

    Buyer's Agent in 2023

    Vinny Bui

    BRIGHT REALTY

    (203) 808-1565

    2 in this area

    66 Total Sales

    Vinny Bui
    Section Image
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Map

Source: Stellar MLS

MLS Number: A4480385

Stellar MLS

APN: 17331-0190-9

Florida Manatee County Bradenton 34203 Braden River

5491 56th Ct E, Bradenton, FL

This home is located at 5491 56th Ct E, Bradenton, FL 34203 since 08 October 2020 and is currently estimated at $652,463. 5491 56th Ct E is a home located in Manatee County with nearby schools including Tara Elementary School, Braden River Middle School, and Braden River High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.



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

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