NOT LISTED FOR SALE

Estimated Value: $360,000 - $370,000

3 Beds
3.5 Baths
2,604 Sq Ft
$140/Sq Ft Est. Value

Last Sold June 15, 2021

Last sale price $299,000 $115 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,688/month

4 Days on Market

Highlights

  • 24 Feet of Waterfront
  • Fishing
  • Pond View
  • Fishing Pier
  • Home fronts a pond
  • Wood Flooring

About This Home

As of June 2021

This beautiful townhouse has been very well maintained with several upgrades. It is move in ready. This home is just steps away from the community swimming pool and boardwalk nature trail. There is room for 2 cars on the paver driveway and the garage has a work bench and extra built in overhead storage. The 1st floor tiled bonus room has a full bath and could be used as a home office, game room or bedroom. The bonus room opens up to a backyard patio with a scenic pond view. The 2nd floor main living area has beautiful cherry wood floors and a balcony. There is plenty of storage with an under stair way closet, closet pantry in the kitchen, and an additional storage closet in dining nook. The main stairs have been replaced with hardwood steps. There are "child" safety gates on stairs that can be removed if desired. The master bath has a large garden tub and a shower with massage and steam. There are 3 bedrooms with ceiling fans on the 3rd floor. There is a balcony off the master bedroom with a wonderful view. There is a walk in closet in the master bedroom and in the master bath. A/C & heating unit is 2 years old and still under warranty. The Riverbay community has an off site dock with a few boat slips that from time to time become available for Riverbay Townhomes' residents to purchase. Riverbay is a short distance from Emerson Point and Snead Island. The surrounding water ways include the Manatee River and Teria Ceia Bay. There is a marina within 1/2 mile. This townhouse is in a quiet area away from the main road. Homes are in demand in this area. Don't wait to take advantage of this opportunity to own a spacious home in a lovely setting.

Last Agent to Sell the Property

Sharon Chofey

CHARLES RUTENBERG REALTY INC License #3150918 Listed on: 04/17/2021

CHARLES RUTENBERG REALTY INC

Last Buyer's Agent

Jinny Scherer

MICHAEL SAUNDERS & COMPANY License #3368614

MICHAEL SAUNDERS & COMPANY

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $2,580

Year Built

  • Built in 2004

Lot Details

  • 2,248 Sq Ft Lot
  • Home fronts a pond
  • 24 Feet of Waterfront
  • West Facing Home

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Shingle Roof
  • Block Exterior
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2,604 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Crown Molding
  • High Ceiling
  • Window Treatments
  • Combination Dining and Living Room
  • Pond Views
  • In Wall Pest System

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Fishing Pier
  • Access to Bay or Harbor
  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

Community Details

Overview

  • Association fees include common area taxes, community pool, escrow reserves fund, pool maintenance, sewer, trash, water
  • C&S Management Bill Mcgann, Cam Association, Phone Number (941) 758-9451
  • Riverbay Townhomes Community
  • Riverbay Twnhms Ph One Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

  • Community Pool
  • Fishing

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$2,580

Year Built

Built in 2004

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • HOA Fee Includes: Common Area Taxes, Community Pool, Escrow Reserves Fund, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Townhouse
  • Construction Materials: Block, Stucco, Vinyl Siding, Wood Frame
  • Fireplace: No
  • Living Area: 2604
  • Lot Size Acres: 0.05
  • New Construction: No
  • Year Built: 2004
  • Building Area Total: 3408
  • Lot Size Sq Ft: 2248
  • Directions to Property: From Hwy 41 in Palmetto, turn west onto 10th St. and go to 34th Dr. W. The entrance to Riverbay is on the right and this townhome is straight ahead on the right. There are a couple of quest parking spaces by the community pool.
  • Status: Sold
  • Street Post Direction: W
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4497939?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4497939?w=Customer
  • Homestead Y N: Yes
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Ratio: Close Price\List Price: 0.997
  • Price per Sq Ft: 114.82
  • Close to Original List Price Ratio: 0.997
  • Ratio: Current Price\Building Area Total: 87.73
  • View: No
  • Ownership: Fee Simple
  • Tax Year: 2020
  • Special Features: VirtualTour

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Interior Amenities: Crown Molding, Elevator, High Ceiling(s), In Wall Pest System, Living Room/Dining Room Combo, Walk-In Closet(s), Window Treatments
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Stories: 3
  • Room Count: 7

Exterior Features

  • Direction Faces: West
  • Exterior Features: Balcony, Lighting
  • Roof: Shingle
  • Pool Private: No
  • Waterfront: Yes
  • Water View: Pond
  • Water Access: Bay/Harbor
  • Water Extras: Fishing Pier
  • Water View Y N: Yes
  • Water Access Y N: Yes
  • Water Extras Y N: Yes
  • Waterfront Frontage: 24
  • Water Frontage Feet Pond: 24
  • Disclosures: 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: Cable Connected, Electricity Connected, Public, Sewer Connected, Street Lights, Water Connected
  • Cooling: Central Air
  • Heating: Central, Electric
  • Laundry Features: Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Golf Carts OK, Pool, Water Access
  • Association Fee: 275
  • Association Fee Frequency: Monthly
  • Association Name: C&S Management- Bill McGann, CAM
  • Phone: 941-758-9451
  • Association: Yes
  • Senior Community: No
  • Association Email: bmcgannn@cscmsi.com
  • Association Fee Requirement: Required
  • Association Approval Required YN: Yes

Fee Information

  • Total Annual Fees: 3300
  • Monthly HOA Fee: 275
  • Total Monthly Fees: 275

Lot Info

  • Zoning: PD
  • Parcel Number: 2959110759
  • Additional Parcels: No
  • Flood Zone Code: AE

Rental Info

  • Pets Allowed: Yes
  • Minimum Lease: 3 Months
  • Approval Process: Submit application and fee to HOA.
  • Num Timesper Year: 4
  • Pet Restrictions: See HOA documents for pet restrictions.
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Contact HOA for lease restrictions.

Tax Info

  • Tax Annual Amount: 2579.91
  • Tax Book Number: 43-57
  • Tax Lot: 15

Multi Family

  • Waterfront Features: Pond

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 17, 2021
Closed on
Jun 15, 2021
Sold by
Read Wayne and Read Cell
Bought by
Butts Dennis I and Butts Beverly A
Seller's Agent
Sharon Chofey
CHARLES RUTENBERG REALTY INC
Buyer's Agent
Jinny Scherer
MICHAEL SAUNDERS & COMPANY
List Price
$299,900
Sold Price
$299,000
Premium/Discount to List
-$900
-0.3%
Current Estimated Value
$365,293

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,293
Avg. Annual Appreciation
4.84%
Original Mortgage
$200,000
Outstanding Balance
$181,469
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$183,824

Purchase Details

Closed on
May 9, 2007
Sold by
Kiessel William D
Bought by
Read Wayne and Read Ceil

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Butts Dennis I $299,000 Msc Title Inc
Read Wayne $352,000 Barnes Walker Title Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butts Dennis I $200,000
Previous Owner Read Ceil Lynne $100,000
Previous Owner Read Wayne $200,000
Previous Owner Kiessel William D $244,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2021 06/15/21 Sold $299,000 -0.3% $115 / Sq Ft
04/19/2021 04/19/21 Pending -- -- --
04/15/2021 04/15/21 For Sale $299,900 -- $115 / 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 $5,254 $317,949 -- --
2024 $5,254 $308,988 -- --
2023 $5,155 $299,988 $0 $0
2022 $2,619 $291,250 $0 $0
2021 $2,514 $163,816 $0 $0
2020 $2,580 $161,554 $0 $0
2019 $4,326 $229,607 $20,000 $209,607
2018 $2,482 $154,977 $0 $0
2017 $1,875 $129,106 $0 $0
2016 $1,851 $126,451 $0 $0
2015 $1,829 $125,572 $0 $0
2014 $1,829 $124,575 $0 $0
2013 $1,774 $122,734 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: A4497939

Stellar MLS

APN: 29591-1075-9