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Sold for $1,500,000
  • $1,500,000

    2201 5th St W, Palmetto, FL 34221

    4beds
    3,407sqft
    Single Family Residence
    Built in 1994
    0.55 Acres Lot
    $1,853,600 Zestimate®
    $440/sqft
    $3,278 Estimated rent

    Home value

    $1,853,600

    $1.65M - $2.11M

    $3,278/mo

    Zestimate® history
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    What's special

    Wood built-insHurricane shuttersGranite counters topsMaster bedroomScreened-in deckHistorical area of palmettoSoaking tub
    One or more photo(s) has been virtually staged. Priced below appraisal!!!! Come with a creative mind and make this home yours! This home offers an appealing layout perfect for a large family and panoramic views of the Manatee River from almost every room. RARE opportunity to own a .55 acre riverfront home in the historical area of Palmetto with 112 feet of water frontage! This spacious home has 4 bedrooms, 4 bathrooms, 3407 sq ft, a large great room with a wood burning fireplace, wood built-ins, under the stairs storage closet and slider doors to a screened-in deck. The master bedroom, located on the first floor, offers tons of space and views along with an en-suite that has his and her sinks, soaking tub and a separate shower. The 2nd bedroom is also located on the first floor and was originally used an an office. The 3rd and 4th bedrooms are located on the 2nd floor and each bedroom has it's own bathroom. There is a large bonus/family room on the second floor for additional entertaining and spectacular views from almost every window. The kitchen has 2 built-in ovens, separate ice maker & granite counters tops. The laundry room has a sink and cabinets for storage. Sit and enjoy the views from your screened lanai that is the length of the ENTIRE back of the house. Park your boat on the shared dock with water and electric and a boat lift or store your water toys in the 3 car garage. The roof was replaced in 2014 and the home comes with hurricane shutters. This Estate home is on the market for the first time. The original owners enjoyed many family gatherings over the years and it has been well loved by all!

    Zillow last checked:

    Listing updated:

    Listed by:

    Lynne Reda 941-807-1954,

    BRIGHT REALTY 941-552-6036

    Bought with:

    Lynne Reda, 3373183

    BRIGHT REALTY

    Source: Stellar MLS,MLS#: A4548989MLS LogoOriginating MLS: Sarasota - Manatee

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 4
    Rooms
    • Room types: Bonus Room, Breakfast Room Separate, Dining Room, Great Room, Utility Room
    Primary bedroom
    • Level: First
    • Dimensions: 15x20
    Bedroom 2
    • Level: First
    • Dimensions: 11.5x14.5
    Bedroom 3
    • Level: Second
    • Dimensions: 14.5x11
    Bedroom 4
    • Level: Second
    • Dimensions: 14.5x10
    Bonus room
    • Level: Second
    • Dimensions: 29x11
    Dinette
    • Level: First
    • Dimensions: 11x15
    Dining room
    • Level: First
    • Dimensions: 13.5x11
    Great room
    • Level: First
    • Dimensions: 24x29
    Kitchen
    • Level: First
    • Dimensions: 13x15
    Laundry
    • Level: First
    • Dimensions: 9x8
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Oven, Cooktop, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Refrigerator, Washer
    Features
    • Built-in Features, Cathedral Ceiling(s), Ceiling Fan(s), Eating Space In Kitchen, High Ceilings
    • Flooring: Carpet, Tile, Hardwood
    • Windows: Blinds, Shutters, Hurricane Shutters
    • Has fireplace: Yes
    • Fireplace features: Wood Burning
    Interior area
    • Total interior livable area: 3,407 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Garage Door Opener
    • Attached garage spaces: 3
    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Awning(s), Irrigation System, Lighting, Rain Gutters
    • Has view: Yes
    • View description: Water, River
    • Has water view: Yes
    • Water view: Water,River
    • Waterfront features: River Front, River Access, Davits
    • Body of water: MANATEE RIVER
    Lot
    • Size: 0.55 Acres
    • Dimensions: 95 x 125
    • Features: FloodZone, Street Dead-End
    Details
    • Parcel number: 2858700202
    • Zoning: RS2
    • Special conditions: None

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block, Metal Siding
    • Foundation: Crawlspace
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1994

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Connected, Electricity Connected, Public, Sewer Connected, Water Connected

    Community & HOA

    Community
    • Security: Security System, Security System Owned
    • Pet fee: $0 monthly
    • Subdivision: ALEXANDERS RESUBDIVIDED
    HOA
    • Has HOA: No
    Location
    • Region: Palmetto

    Financial & listing details

    • Price per square foot: $440/sqft
    • Tax assessed value: $1,531,636
    • Annual tax amount: $8,396
    • Date on market: 10/7/2022
    • Cumulative days on market: 241 days
    • Listing terms: Cash,Conventional
    • Ownership: Fee Simple
    • Total actual rent: 0
    • Electric utility on property: Yes
    • Road surface type: Paved, Asphalt

    Price history

    DateEventPrice
    7/31/2023Sold$1,500,000-14.3%$440/sqft
    Source: Stellar MLS #A4548989 Report a problem
    6/6/2023Pending sale$1,750,000$514/sqft
    Source: Stellar MLS #A4548989 Report a problem
    2/10/2023Price change$1,750,000-5.4%$514/sqft
    Source: Stellar MLS #A4548989 Report a problem
    1/4/2023Price change$1,850,000-7.5%$543/sqft
    Source: Stellar MLS #A4548989 Report a problem
    10/7/2022Listed for sale$1,999,999$587/sqft
    Source: Stellar MLS #A4548989 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$28,714 +1.8%$1,531,636 -0.5%
    2024$28,198 -12.8%$1,539,159 -8.6%
    2023$32,327 +267.5%$1,683,688 +244.4%
    2022$8,798 +0.6%$488,843 +3%
    2021$8,747 +1%$474,605 +1.4%
    2020$8,660 +1.7%$468,052 +2.3%
    2019$8,519 $457,529 +1.9%
    2018$8,519 +1.1%$448,998 +2.1%
    2017$8,429 +7.5%$439,763 +2.1%
    2016$7,840 $430,718 +0.7%
    2015$7,840 $427,724 +0.8%
    2014$7,840 +0.6%$424,329 +1.5%
    2013$7,797 +779572%$418,058 +1.7%
    2012$1 $411,070 +3%
    2011$1 $399,097 +1.5%
    2010-- $393,199 +2.7%
    2009$6,832 -3.1%$382,862 +0.1%
    2008$7,053 +5%$382,480 +3%
    2007$6,718 -5.3%$371,340 +2.5%
    2006$7,090 +0.6%$362,283 +3%
    2005$7,045 +2%$351,731 +3%
    2004$6,904 +0.6%$341,486 +1.9%
    2003$6,861 +4.6%$335,119 +2.4%
    2002$6,562 +5.4%$327,265 +1.6%
    2001$6,225 +1.5%$322,111 +3%
    2000$6,132 $312,729
    Find assessor info on the county website

    Neighborhood: 34221

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Palmetto Elementary-MN
    • Middle: Buffalo Creek Middle
    • High: Palmetto High

    Source: Stellar MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,853,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,853,600