NOT LISTED FOR SALE

1059 Buttonwood Ln Unit E101 Sanibel, FL 33957

Estimated Value: $824,000 - $1,074,791

3 Beds
2 Baths
1,657 Sq Ft
$5,825/mo HOA Fee

Last Sold March 28, 2024

Last sale price $800,000 $483 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $11,279/month

107 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Screened Porch
  • Sanibel Elementary School Rated A-
  • Outdoor Pool
  • Outdoor Storage

About This Home

As of March 2024

Fantastic opportunity to own in one of Sanibel's most endeared beach front condo communities. Located on the east end at the end of charming Buttonwood Ln, this quiet, low density, pet friendly complex, consists of only 10 units which makes it rarely come available. Five buildings comprised of two units each with every condo occupying an entire floor allowing for privacy and the feel of a private home. Elevators open at your front door for convenience. The open layout and spacious floorplan boasts a large kitchen and living area, 3 bedrooms, 2 baths, full laundry room and large lanai with panoramic views of the Gulf of Mexico. Covered under building parking and large storage unit directly underneath this condo. These units stay in families for years so don't miss the opportunity to own and remodel to your liking. Weekly rentals are allowed so if rental income is important, this unit should be a fantastic income producer. Brought back to a white box and ready for a new owner to design their beach front paradise! Association has installed all new electric, lanai storm shutters as part of the complex restoration.

Last Agent to Sell the Property

Teresa Baker

Royal Shell Real Estate, Inc. License #3162962 Listed on: 11/20/2023

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Teresa Baker

Royal Shell Real Estate, Inc. License #3162962 Listed on: 11/20/2023

Royal Shell Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,926

Year Built

  • Built in 1982

Lot Details

  • 2,178

HOA Fees

  • $5,825 Monthly HOA Fees

Interior Spaces

  • 1,657 Sq Ft Home
  • Combination Dining and Living Room
  • Screened Porch
  • Gulf Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms

Parking

  • Tuck Under Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Outdoor Storage

Additional Features

  • Property fronts gulf or ocean
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot E-101
  • Assessor Parcel Number 21-46-23-T1-0120E.1010

Community Details

Overview

  • Association fees include elevator, exter pest control, insurance bldg, irrigation, landscape/lawn, legal and accounting, pool service, recreation facilities, sewer, trash, water
  • Island Management Association, Phone Number (239) 472-5020
  • Bandy Beach Community

Recreation

  • Community Beach Access
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,926

Year Built

Built in 1982

Lot Details

0

HOA Fees

$5,825 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Design: Great Room, Split Bedrooms
  • Legal Description: BANDY BEACH CONDO OR 1573 PG 1121 UNIT E-101
  • Strap Number: 21-46-23-T1-0120E.1010
  • Subject To F I R P T A: No
  • Year Built: 1982
  • Pets: Allowed
  • Folio Id: 10126696
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 482.8
  • Total Sq Ft: 1967
  • Appliances: See Remarks
  • Estimated Living Sq Ft: 1657
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 3
  • Ceiling: See Remarks
  • Den: No
  • Fireplace: No
  • Flooring: See Remarks
  • Furnished: No
  • Furnishing: Unfurnished

Exterior Features

  • Misc Exterior: Const. Complete
  • Waterfront: Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Pool: Yes
  • View: Direct Gulf

Garage/Parking

  • Parking: Assigned, Under Bldg

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Central Air/Cooling
  • Heating: Central Heat
  • Security: See Remarks

Condo/Co-op/Association

  • Association Fees Disp: Y - $17475/Q
  • Association Fee: 17475
  • Association Fee Period: Quarterly
  • Association Right Of Refusal: Yes
  • Association Management: Island Management
  • Management Company Phone: 239-472-5020
  • Condo Amenities: Deeded Beach Access, Pool
  • Condo Name: Bandy Beach
  • Fees Include: Elevator, Exter Pest Control, Insurance Bldg, Irrigation, Landscape/Lawn, Legal and Accounting, Pool Service, Recreation Facilities, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $/
  • Members Right Of Refusal: Yes

Lot Info

  • Geo Update Timestamp: 2023-11-20
  • Geo Address Line: 1059 Buttonwood Ln
  • Geo Primary City: Sanibel
  • Geo Quality: 1
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: E-101

Rental Info

  • Application Required: Yes
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 6926
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Mar 28, 2024
Sold by
David E Maxham Living Trust and Maxham David E
Bought by
Nelson David B and Nelson Cathy A
Seller's Agent
Teresa Baker
Royal Shell Real Estate, Inc.
Buyer's Agent
Teresa Baker
Royal Shell Real Estate, Inc.
List Price
$1,050,000
Sold Price
$800,000
Premium/Discount to List
-$250,000
-23.81%
Views
76
Current Estimated Value
$920,948

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,948
Avg. Annual Appreciation
9.71%

Purchase Details

Closed on
Mar 17, 2022
Sold by
Maxham David E
Bought by
David E Maxham Living Trust

Purchase Details

Closed on
Jun 5, 2020
Sold by
Maxham Maida Z and Naxgan Davud E
Bought by
Maxham David and Maxham Maida Z

Purchase Details

Closed on
Apr 17, 1996
Sold by
Maxham David E and Maxham Maida Z
Bought by
Maxham Maida Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,000
Interest Rate
7.36%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Nelson David B $800,000 Superior Title Services
David E Maxham Living Trust -- Law Office Of Janet M Strickla
Maxham David -- Attorney
Maxham Maida Z -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maxham Maida Z $249,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2024 03/28/24 Sold $800,000 -23.8% $483 / Sq Ft
03/06/2024 03/06/24 Pending -- -- --
02/22/2024 02/22/24 For Sale $1,050,000 0.0% $634 / Sq Ft
02/20/2024 02/20/24 Pending -- -- --
02/01/2024 02/01/24 Price Changed $1,050,000 -19.2% $634 / Sq Ft
11/20/2023 11/20/23 For Sale $1,300,000 -- $785 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

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 $7,488 $812,955 -- $812,955
2024 $7,488 $573,610 -- --
2023 $7,367 $551,902 $0 $0
2022 $6,926 $540,682 $0 $0
2021 $6,995 $1,016,174 $0 $1,016,174
2020 $6,974 $517,686 $0 $0
2019 $6,862 $506,047 $0 $0
2018 $6,871 $496,611 $0 $0
2017 $6,879 $486,397 $0 $0
2016 $6,850 $1,025,828 $0 $1,025,828
2015 $6,985 $976,300 $0 $976,300
2014 -- $717,000 $0 $717,000
2013 -- $462,390 $0 $462,390
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2231057

Sanibel & Captiva Islands Association of REALTORS®

APN: 21-46-23-T1-0120E.1010