NOT LISTED FOR SALE

606 16th Ave E Palmetto, FL 34221

Estimated Value: $932,000 - $1,097,000

3 Beds
2.5 Baths
2,230 Sq Ft
$453/Sq Ft Est. Value

Last Sold September 21, 2022

Last sale price $1,125,000 $504 Per Sq Ft

Est. 10% decrease in value since last sale

Current estimated payment $7,002/month

15 Days on Market

Highlights

  • 50 Feet of Waterfront
  • Boat Dock
  • Boat Lift
  • Marina
  • River Access
  • Fitness Center

About This Home

As of September 2022

Are you looking for a home with a dock and lift for your boat, right in your own back yard? You have found it! Sanctuary Cove is a boating community on the Manatee River. This gated community features a private riverfront sand beach, kayak/canoe launch, picnic & grill area, fitness center, community building and a resort style pool. This 3 bedroom, 2.5 bath plus an office has it all. Outdoor living at its finest. The outdoor kitchen even has an icemaker for those days you want to fill the cooler and hop on the boat! This is a natural gas community. No need to ever fill any propane tanks. The grill is a 36” with a rotisserie option. The lanai has under cover seating for relaxing and watching your favorite show, heated pool with multiple sit spots and a swim platform and Ozonation for the water. It also has a spectacular view through the clear view screen of the harbor water and boat dock. The 13,000 lb remote controlled lift is suitable for boats up to 35’ long! A paver walkway meanders to the 25’ dock for ease of loading and unloading the boat. Water, electric and lighting are conveniently located at the dock as well. You are met with modern elegance the moment you enter through the front door into the foyer. The open floor plan makes for easy entertaining. A beautiful stone accent wall enhances the dining area. GE Profile stainless steel appliances, reverse osmosis water purification system at the kitchen sink and in the refrigerator for clean water, double oven plus an oven under the gas 5 burner cooktop affords multiple places to bake. All ovens are convection, and one is also an air fryer! Ample custom cabinets and quartz countertops make this kitchen a dream to cook in. A full house generator by Generac has been installed. Custom window treatments and remote-control blinds in the living, dining, and master bedroom areas. California closets, dual sinks in the Master Bath and a spacious glass enclosed walk-in shower. A short boat ride will get you to any of 7 waterfront restaurants! Easy access to Tampa Bay by boat in as little as 20 minutes with all the sandbars, keys/islands and Gulf of Mexico has to offer!

Last Agent to Sell the Property

Patti Tebo

DOUGLAS ELLIMAN License #3062420 Listed on: 07/22/2022

DOUGLAS ELLIMAN

Last Buyer's Agent

Tony Jensen

JENSEN REAL ESTATE GROUP License #3117361

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,721

Year Built

  • Built in 2021

Lot Details

  • 6,499 Sq Ft Lot
  • 50 Feet of Waterfront
  • River Front
  • West Facing Home
  • Irrigation
  • Property is zoned PDMU

HOA Fees

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Garage Door Opener
  • Driveway
  • Open Parking
  • Off-Street Parking

Property Views

  • River
  • Canal

Home Design

  • Slab Foundation
  • Tile Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,230 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Great Room
  • Family Room Off Kitchen
  • Den
  • Inside Utility

Kitchen

  • Built-In Convection Oven
  • Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • Stone Countertops
  • Disposal
  • Reverse Osmosis System

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Pool

  • Screened Pool
  • Heated In Ground Pool
  • In Ground Spa
  • Gunite Pool
  • Pool is Self Cleaning
  • Fence Around Pool
  • Pool Deck
  • Chlorine Free
  • Pool Tile
  • Auto Pool Cleaner
  • Pool Lighting

Outdoor Features

  • River Access
  • Access to Brackish Canal
  • Dock has access to water
  • Lock
  • Boat Lift
  • Dock made with Composite Material
  • Covered Patio or Porch
  • Outdoor Kitchen
  • Exterior Lighting
  • Outdoor Grill

Location

  • Flood Zone Lot

Schools

  • James Tillman Elementary School
  • Buffalo Creek Middle School
  • Palmetto High School

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Thermostat
  • Natural Gas Connected
  • Gas Water Heater
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, ground maintenance, manager, pool maintenance, recreational facilities
  • C&S Community Management Service Inc. Association, Phone Number (941) 758-9454
  • Visit Association Website
  • Sanctuary Cove Association
  • Sanctuary Cove Subdivision
  • On-Site Maintenance
  • The community has rules related to deed restrictions, fencing, allowable golf cart usage in the community

Amenities

  • Clubhouse
  • Community Mailbox

Recreation

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

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,721

Year Built

Built in 2021

Lot Details

0

HOA Fees

$188 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Maintenance Grounds, Manager, Pool Maintenance, Recreational Facilities
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Construction Materials: Block, Stucco
  • Fireplace: No
  • Living Area: 2230
  • Lot Size Acres: 0.15
  • New Construction: No
  • Year Built: 2021
  • Building Area Total: 3003
  • Lot Size Sq Ft: 6499
  • Directions to Property: Take I-75 to exit 224, HWY 301. Take exit to 301 South. Continue on 301 South. Turn left on 16th Ave at the light into Sanctuary Cove across from Detwiler's and before Badcock Furniture in Palmetto. At the stop sign continue straight/right through the gate on 16th Ave. Continue to home on your left.
  • Status: Sold
  • Street Post Direction: E
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4542469?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4542469?w=Customer
  • Homestead Y N: Yes
  • Number Of Pets: 2
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Home Warranty Y N: No
  • Ratio: Close Price\List Price: 0.86538
  • Price per Sq Ft: 504.48
  • Close to Original List Price Ratio: 0.86538
  • Ratio: Current Price\Building Area Total: 374.63
  • View: Yes
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • Tax Year: 2021
  • Special Features: 4098

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Interior Amenities: Built in Features, Ceiling Fans(s), Crown Molding, High Ceiling(s), Kitchen/Family Room Combo, Master Bedroom Main Floor, Open Floorplan, Stone Counters, Thermostat, Tray Ceiling(s), Walk-In Closet(s), Window Treatments
  • Appliances Included: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Ice Maker, Kitchen Reverse Osmosis System, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: One
  • Spa Features: In Ground
  • Stories: 1
  • Window Features: Blinds, Window Treatments
  • Street Number Modifier: 606
  • Room Count: 7
  • Additional Rooms: Den/Library/Office, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: West
  • Other Structures: Outdoor Kitchen
  • Pool Features: Auto Cleaner, Chlorine Free, Deck, Gunite, Heated, In Ground, Lighting, Screen Enclosure, Self Cleaning, Tile
  • Exterior Features: Irrigation System, Lighting, Outdoor Grill, Outdoor Kitchen, Sliding Doors
  • Roof: Tile
  • Pool Private: Yes
  • View: Water
  • Water Body Name: Manatee River
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Screened
  • Road Surface Type: Paved, Asphalt
  • Water View: Canal, River
  • Water Access: Canal - Brackish, River
  • Water Extras: Dock - Composite, Dock w/Electric, Dock w/Water Supply, Lift, Lock
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 50
  • Water Frontage Feet River: 50
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Attached Garage: Yes
  • Carport Y N: No
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Driveway, Garage Door Opener, Off Street, Oversized
  • Covered Parking Spaces: 2
  • Open Parking: Yes

Utilities

  • Utilities: BB/HS Internet Available, Cable Connected, Electricity Connected, Natural Gas Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Natural Gas
  • Laundry Features: Inside, Laundry Room
  • 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, Golf Carts OK, Pool, Sidewalk, Water Access, Waterfront
  • Association Amenities: Boat Slip, Clubhouse, Boat Dock, Fence Restrictions, Fitness Center, Gated, Maintenance, Marina, Other, Pool
  • Association Fee: 315
  • Association Fee Frequency: Quarterly
  • Association Name: C&S Community Management Service Inc.
  • Phone: 941-758-9454
  • Association: Yes
  • Security: Security System, Security System Owned, Smoke Detector(s)
  • Senior Community: No
  • Association Website: www.sanctuarycovefl.net
  • Association Email: jconway@cscmsi.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: No
  • Association #2 Fee: 993
  • Association #2 Fee Frequency: Annually
  • Association: Sanctuary Cove

Fee Information

  • Total Annual Fees: 1260
  • Monthly HOA Fee: 105
  • Total Monthly Fees: 105

Schools

  • Elementary School: James Tillman Elementary
  • High School: Palmetto High
  • Middle Or Junior School: Buffalo Creek Middle

Lot Info

  • Zoning: PDMU
  • Parcel Number: 1015734109
  • Additional Parcels: No
  • Fencing: Other
  • Lot Features: FloodZone, In County
  • Flood Zone Code: AE
  • Zoning Compatible Y N: Yes
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Negotiable
  • Pets Allowed: Yes
  • Minimum Lease: No Minimum
  • Approval Process: See HOA Docs.
  • Pet Restrictions: See HOA Docs
  • Lease Restrictions Y N: No
  • Additional Lease Restrictions: See HOA Docs for all restrictions. All Documents can be found at www.sanctuarycovefl.net

Tax Info

  • Tax Annual Amount: 1721.28
  • Tax Book Number: 36-51
  • Tax Lot: 82
  • Tax Other Annual Assessment Amount: 267

Multi Family

  • Waterfront Features: River

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2022
Closed on
Sep 21, 2022
Sold by
Glover Clifford Gerald and Glover Tina Jo
Bought by
Vangorder Steven and Vangorder Kelly
Seller's Agent
Patti Tebo
DOUGLAS ELLIMAN
Buyer's Agent
Tony Jensen
JENSEN REAL ESTATE GROUP
List Price
$1,300,000
Sold Price
$1,125,000
Premium/Discount to List
-$175,000
-13.46%
Views
43
Current Estimated Value
$1,009,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$115,475
Avg. Annual Appreciation
-3.47%
Original Mortgage
$900,000
Outstanding Balance
$853,415
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$156,110

Purchase Details

Closed on
May 28, 2021
Sold by
Wci Communities Llc
Bought by
Glover Clifford Gerald and Glover Tina Jo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$527,970
Interest Rate
2.9%
Mortgage Type
VA

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:

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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
Vangorder Steven $1,125,000 --
Glover Clifford Gerald $528,000 Calatlantic Title
Wci Communities Llc $4,586,800 Calatlantic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vangorder Steven $900,000
Previous Owner Glover Clifford Gerald $527,970
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2022 09/21/22 Sold $1,125,000 -13.5% $504 / Sq Ft
08/07/2022 08/07/22 Pending -- -- --
07/22/2022 07/22/22 For Sale $1,300,000 -- $583 / 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 $17,478 $818,067 $229,925 $588,142
2024 $17,478 $887,115 $229,925 $657,190
2023 $16,172 $795,961 $199,750 $596,211
2022 $984 $504,773 $0 $0
2021 $1,721 $90,000 $90,000 $0
2020 $987 $90,000 $90,000 $0
2019 $899 $80,000 $80,000 $0
2018 $461 $22,000 $22,000 $0
2017 $444 $22,000 $0 $0
2016 $439 $21,400 $0 $0
2015 $443 $21,400 $0 $0
2014 $443 $21,400 $0 $0
2013 $447 $21,400 $21,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4542469

Stellar MLS

APN: 10157-3410-9