NOT LISTED FOR SALE

1050 Riverside Dr Unit A501 Palmetto, FL 34221

Estimated Value: $627,000 - $703,608

3 Beds
2 Baths
2,475 Sq Ft
1.96 Acres

Last Sold May 07, 2021

Last sale price $450,000 $182 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $4,581/month

176 Days on Market

Highlights

  • Water Views
  • In Ground Pool
  • Cathedral Ceiling
  • Fitness Center
  • Deck
  • Wood Flooring

About This Home

As of May 2021

A remarkable opportunity to own your own rarely available Penthouse in Regatta Pointe! The views overlooking the River and Regatta Pointe Marina are impressive! Plus, this end-unit townhouse has balconies with access from the living room, dining room, the 2nd bedroom and the upstairs owner suite-bedroom and bonus room, thereby boasting outstanding views up and down the Manatee River, to the marina, and beyond. It also overlooks across the River to the Bradenton riverfront including Twin Dolphin Marina, City Pier, Waterfront Park, and Bradenton s stunning Riverwalk. No bridges to the Intracoastal and Gulf of Mexico. The living room has a fabulous wet bar with mirrored walls that reflect views of the water, and it can be closed off with closet doors, if desired. The updated kitchen has beautiful granite counters and wood cabinets, and a pass-through area to the breakfast bar and dining room. The Sub Zero Refrigerator, double ovens and glass top range will complimented your cooking preparation. There s plenty of pantry and storage area, too. There is a handy laundry shoot across from the utility room which holds the washer/dryer and utility sink. Lots of closet space offered throughout. Walk-in closets in two of the bedrooms. In one of the rooms, the closet area was replaced with beautiful built-in cabinets. Plantation Shutters adorn the many windows. Upstairs Owner Suite includes access to an outside walkway to the back, leading to the elevator. Also the Bathroom with double intricate sinks, His and Her walk-in closets, wet bar, bonus room and additional deck overlooking Manatee River. Dual air conditioning zones are offered, too. This is a must see to appreciate everything. Don t forget the secure lobby and garage provided with two dedicated parking spots, extra storage cabinets, and access to exercise room and glorious pool. For special occasions, the top floor in Building B has a gathering room and deck overlooking the River. Located in The Palmetto Historic District, you can enjoy many more amenities including restaurants, shops, churches, the library, tennis courts, markets, Manatee County Agricultural Museum, Palmetto Historical Park, Sutton Park, Palmetto Riverside Bed and Breakfast, and a convenient public boat ramp. The Marina has many amenities, too, including the Riverhouse Waterfront Restaurant, and full service Marina facilities. Or, you can take a stroll on the fun new pedestrian walkway across the Green Bridge! Only 10 miles to Anna Maria Island, 13 miles to Downtown St. Pete new City Pier and 15 miles to St. Armand s Circle. True Florida living at its finest! Welcome home!

Last Listed By

Edie Force Van Ostenbridge

WAGNER REALTY License #0563765 Listed on: 09/24/2020

WAGNER REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,612

Year Built

  • Built in 1984

Lot Details

  • 1.96

Parking

  • 2 Car Garage
  • Ground Level Parking
  • Assigned Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,475 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Ceiling Fan
  • Shutters
  • Sliding Doors
  • Water Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Chute

Pool

  • In Ground Pool
  • Gunite Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Deck
  • South Facing Home

Listing and Financial Details

  • Legal Lot and Block A501 / 6064
  • Assessor Parcel Number 31221-0110-2

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable TV, community pool, escrow reserves fund, fidelity bond, internet, maintenance exterior, ground maintenance, pest control, pool maintenance, sewer, trash, water
  • Allison Stack Association, Phone Number (727) 350-0019
  • Regatta Pointe Condo Community
  • Regatta Pointe Condo Ph I Subdivision
  • Association Approval Required
  • 6-Story Property

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed
  • Pets up to 20 lbs

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,612

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • HOA Fee Includes: Cable TV, Community Pool, Escrow Reserves Fund, Fidelity Bond, Internet, Maintenance Exterior, Maintenance Grounds, Pest Control, Pool Maintenance, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Condominium
  • Property Description: Corner Unit, End Unit, Penthouse
  • Water Extras: Bridges - No Fixed Bridges
  • Water View: Yes
  • Construction Materials: Stucco
  • Living Area: 2475.00
  • Year Built: 1984
  • Building Area Total: 2955.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4476920?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4476920?w=Customer
  • Building Search Sq Meters: 274.53
  • Down Payment Resource Assistance: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4476920?w=PubMLS
  • Directions to Property: From downtown Bradenton, go north across the Green Bridge (Bus. 41 or 9th St.), then left on Riverside Drive, buildings are on the right across street from marina. Building A is the west building. Enter through lobby and garages on North side of buildings.
  • Escrow State: FL
  • List Office Head Office Key Nume: 1044311
  • Status: Sold
  • Tax Year: 2020
  • Special Features: None

Interior Features

  • Room Count: 8
  • Living Area Units: Square Feet
  • Flooring: Carpet, Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Ceiling Fans(s), Solid Wood Cabinets, Split Bedroom, Stone Counters, Walk-In Closet(s), Wet Bar
  • Appliances Included: Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 3
  • Floor Number: 5
  • Levels: Two
  • Stories: 6
  • Window Features: Shutters
  • Living Area Meters: 229.93
  • Street Number Modifier: 1050

Exterior Features

  • Direction Faces: South
  • Water Extras: Yes
  • Water Access: Marina, River
  • Pool Features: Gunite, In Ground
  • Exterior Features: Sliding Doors
  • Roof: Concrete, Tile
  • Water View: Marina, River
  • Flood Zone Code: X
  • Flood Zone Date: 08/31/2020
  • Water Access: Yes
  • View: Water
  • Water Body Name: MANATEE RIVER
  • Patio and Porch Features: Deck

Garage/Parking

  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Assigned, Ground Level, Guest

Utilities

  • Utilities: Public
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside, Laundry Chute, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • S W Subdiv Community Name: Regatta Pointe Condo
  • Community Features: Buyer Approval Required, Fitness, Pool
  • Building Name Number: A
  • Condo Fees: 675
  • Condo Fees Term: Monthly
  • Condo Land Included: Yes
  • Max Pet Weight: 20
  • Monthly Condo Fee Amount: 675
  • Pet Size: Small (16-35 Lbs.)
  • Association Approval Required: Yes
  • Association Name: Allison Stack
  • Phone: 727-350-0019
  • Association: Yes
  • Association Email: astack@associagulfcoast.com

Fee Information

  • Total Annual Fees: 8100.00
  • Total Monthly Fees: 675.00

Lot Info

  • Total Acreage: Non-Applicable
  • Zoning: CG
  • Parcel Number: 31221-0110-2

Rental Info

  • Minimum Lease: 1 Month
  • Additional Lease Restrictions: Application, fee
  • Lease Restrictions: Yes
  • Pets Allowed: Yes

Multi Family

  • Approval Process: Application and Interview

Tax Info

  • Tax Annual Amount: 8612.23
  • Tax Block: 6064
  • Tax Book Number: 14/17
  • Tax Lot: A501

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2022
Sold by
Campbell Mark G
Bought by
White Kimberly Lea
Total Days on Market
176
Current Estimated Value
$661,152

Purchase Details

Listed on
Sep 24, 2020
Closed on
May 7, 2021
Sold by
Lamme Sandra Mcclure and Mcclure Daniel Carr
Bought by
Campbell Mark G
Seller's Agent
Edie Force Van Ostenbridge
WAGNER REALTY
Buyer's Agent
Stellar Non-Member Agent
Stellar Non-Member Office
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%

Purchase Details

Closed on
Jul 26, 2018
Sold by
Hager Karla S and Hager James R
Bought by
Mcclure Daniel Carr and Mcclure Amanda Michelle

Purchase Details

Closed on
May 14, 1996
Sold by
Gabler Martin B and Gabler Lorraine D
Bought by
Hager James R and Hager Karla S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.74%

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
White Kimberly Lea $100 Syprett Meshad Pa
Campbell Mark G $450,000 Attorney
Mcclure Daniel Carr $480,000 Attorney
Hager James R $305,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hager James R $218,366
Previous Owner Hager James R $345,000
Previous Owner Hager James R $75,000
Previous Owner Hager James R $260,000
Previous Owner Hager James R $100,000
Previous Owner Hager James R $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2021 05/07/21 Sold $450,000 -6.3% $182 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
02/17/2021 02/17/21 Price Changed $480,000 -3.8% $194 / Sq Ft
09/24/2020 09/24/20 For Sale $499,000 0.0% $202 / Sq Ft
06/05/2019 06/05/19 Rented $2,000 0.0% --
05/09/2019 05/09/19 Price Changed $2,000 -13.0% $1 / Sq Ft
10/20/2018 10/20/18 For Rent $2,300 +15.0% --
08/17/2018 08/17/18 Off Market $2,000 -- --
08/09/2017 08/09/17 Rented $2,000 0.0% --
08/01/2017 08/01/17 Under Contract -- -- --
04/11/2017 04/11/17 For Rent $2,000 -- --
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
2024 $10,686 $604,095 -- --
2023 $10,980 $586,500 $0 $586,500
2022 $8,984 $434,700 $0 $434,700
2021 $8,325 $409,000 $0 $409,000
2020 $8,612 $405,000 $0 $405,000
2019 $8,457 $395,000 $0 $395,000
2018 $6,532 $302,000 $0 $0
2017 $5,762 $274,550 $0 $0
2016 $5,349 $249,600 $0 $0
2015 $4,667 $220,900 $0 $0
2014 $4,667 $210,376 $0 $0
2013 $5,315 $245,934 $1 $245,933
Source: Public Records

Agents Affiliated with this Home

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Source: Stellar MLS

MLS Number: A4476920

Stellar MLS

APN: 31221-0110-2