NOT LISTED FOR SALE

107 Useppa Island Useppa Island, FL 33924

Estimated Value: $816,000 - $1,585,000

3 Beds
2 Baths
1,844 Sq Ft
$651/Sq Ft Est. Value

Last Sold May 16, 2021

Last sale price $950,000 $515 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $8,059/month

261 Days on Market

Highlights

  • Private Beach
  • Fitness Center
  • Spa
  • Sanibel Elementary School Rated A-
  • Oak Trees
  • Fishing

About This Home

As of May 2021

Sanibel Cottage offers a recently updated feel to one of Useppa's original residences on an oversized lot. The property is situated just steps from the beach with close proximity to the Collier Inn and Tarpon Bar at the Marina. As you approach the home, you will notice a screened in lanai outfitted with outdoor furniture perfect for relaxing after a long day on the water. French doors open up to the interior of the house where you will find the dining area and just off to the right, a nook suitable for an office or additional seating area. The solid wood floors will lead you into the family room offering a wood burning fire place, flat screen tv positioned above the mantel and glimpses of the beach, The family room leads to the kitchen and a set of French doors which open to an over sized deck. The deck overlooks the mature landscape of 100+ year old oak trees and is decorated with naturally growing orchids and oversized stag horns. As you stroll back into the house, the recently updated master wing is positioned just off the kitchen and dining room. Two additional bedrooms and a completely updated bathroom are situated on the other wing of the house. Each bedroom is outfitted with a flat screen tv, has loads of natural light and direct access to the outside for guest’s convenience. There is covered parking with a golf cart charging station in the rear of the property. The additional contiguous lot in the rear of the house is included but is currently not reflected in the tax records.

Last Agent to Sell the Property

James Buchanan

JAMES BUCHANAN REALTY License #3160009 Listed on: 07/20/2020

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,830

Year Built

  • Built in 1912

Lot Details

  • 7,642 Sq Ft Lot
  • Waterfront
  • Private Beach
  • West Facing Home
  • Mature Landscaping
  • Oak Trees
  • Additional Parcels
  • Property is zoned RM-2

HOA Fees

  • $608 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Water
  • Garden

Home Design

  • Florida Architecture
  • Key West Architecture
  • Wood Frame Construction
  • Metal Roof

Interior Spaces

  • 1,844 Sq Ft Home
  • Crown Molding
  • Ceiling Fan
  • Window Treatments
  • French Doors
  • Living Room with Fireplace
  • Crawl Space
  • Attic

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Solid Wood Cabinet

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Gunite Pool

Outdoor Features

  • Water Access
  • Balcony
  • Deck
  • Covered Patio or Porch
  • Separate Outdoor Workshop
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Well
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 7 / 1
  • Assessor Parcel Number 04-44-21-01-00001.0070

Community Details

Overview

  • White Association, Phone Number (239) 283-1061
  • Useppa Island Subdivision
  • Association Approval Required
  • The community has rules related to deed restrictions, no truck, recreational vehicles, or motorcycle parking, vehicle restrictions

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Fishing

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,830

Year Built

Built in 1912

Lot Details

7,642 Sq Ft Lot

HOA Fees

$608 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Florida, Key West
  • Water Extras: Dock - Slip 1st Come
  • Water View: Yes
  • Construction Materials: Wood Frame
  • Fireplace: Yes
  • Living Area: 1844.00
  • Lot Size Acres: 0.18
  • Year Built: 1912
  • Building Area Total: 3436.00
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4473178?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/A4473178?w=Customer
  • Lot Size Sq Ft: 7642
  • Building Search Sq Meters: 319.21
  • List Office Head Office Key Nume: 1047625
  • Status: Sold
  • Tax Year: 2019
  • Special Features: None

Interior Features

  • Room Count: 5
  • Fireplace Features: Living Room
  • Living Area Units: Square Feet
  • Additional Rooms: Attic
  • Flooring: Ceramic Tile, Wood
  • Full Bathrooms: 2
  • Interior Amenities: Ceiling Fans(s), Crown Molding, Solid Surface Counters, Solid Wood Cabinets, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Range Hood, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: One
  • Spa Yn: Yes
  • Window Features: Window Treatments
  • Living Area Meters: 171.31

Exterior Features

  • Direction Faces: West
  • Other Structures: Workshop
  • Water Extras: Yes
  • Waterfront Feet Private Beach: 80
  • Water Access: Bay/Harbor, Beach - Private
  • Pool Features: Gunite
  • Exterior Features: Balcony, French Doors, Outdoor Grill
  • Roof: Metal
  • Water View: Bay/Harbor - Partial, Beach
  • Flood Zone Code: x/ae
  • Water Access: Yes
  • View: Garden, Water
  • Waterfront: Yes
  • Patio and Porch Features: Covered, Deck, Patio, Porch

Garage/Parking

  • Garage Spaces: 1
  • Garage Yn: Yes

Utilities

  • Utilities: Electricity Connected
  • Cooling: Central Air
  • Heating: Central
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness, No Truck/RV/Motorcycle Parking, Playground, Pool, Tennis Courts, Water Access
  • Monthly HOA Fees: 608.00
  • Association Amenities: Fitness Center, Playground, Tennis Court(s), Vehicle Restrictions
  • Association Approval Required: Yes
  • Association Fee: 608.00
  • Association Fee Frequency: Monthly
  • Association Fee Requirement: Required
  • Association Name: white
  • Phone: (239) 283-1061
  • Association: Yes

Fee Information

  • Waterfront Frontage: 80
  • Total Annual Fees: 9420.00
  • Total Monthly Fees: 785.00

Lot Info

  • Total Acreage: 1/4 to less than 1/2
  • Zoning: RM-2
  • Parcel Number: 04-44-21-01-00001.0070
  • Additional Parcels: Yes
  • Lot Features: In County
  • Lot Size Square Meters: 710

Rental Info

  • Minimum Lease: No Minimum
  • Additional Lease Restrictions: no airbnb and vrbo
  • Lease Restrictions: Yes
  • Montly Maint Amt Addition To H O A: 177
  • Pets Allowed: Yes

Multi Family

  • Approval Process: application and fees
  • Waterfront Features: Beach - Private

Tax Info

  • Tax Annual Amount: 10830.00
  • Tax Block: 1
  • Tax Book Number: 04
  • Tax Lot: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2020
Closed on
May 13, 2021
Sold by
Mb Acquisition & Leasing Llc
Bought by
Young Michael R and Carroll Leslie A
Seller's Agent
James Buchanan
JAMES BUCHANAN REALTY
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$995,000
Sold Price
$950,000
Premium/Discount to List
-$45,000
-4.52%
Current Estimated Value
$1,200,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,500
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Jan 18, 2012
Sold by
Long J Robert and Long Karen H
Bought by
Mb Acquisition & Leasing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
4%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 17, 2000
Sold by
J R L Ventures Inc
Bought by
Long J Robert and Long Karen H

Purchase Details

Closed on
Jun 4, 1997
Sold by
Dimmitt Richard R
Bought by
J R L Ventures Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
8.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
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
Young Michael R $950,000 Attorney
Mb Acquisition & Leasing Llc $770,000 Attorney
Long J Robert -- --
J R L Ventures Inc $525,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mb Acquisition & Leasing Llc $616,000
Previous Owner J R L Ventures Inc $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2021 05/16/21 Sold $950,000 -4.5% $515 / Sq Ft
04/07/2021 04/07/21 Pending -- -- --
07/20/2020 07/20/20 For Sale $995,000 -- $540 / Sq Ft
Source: Stellar MLS

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 $14,457 $636,755 $321,981 $294,962
2024 $16,021 $929,233 $618,837 $291,941
2023 $16,021 $1,006,617 $563,361 $418,497
2022 $14,043 $915,112 $624,000 $291,112
2021 $11,547 $800,002 $624,000 $176,002
2020 $10,856 $732,403 $624,000 $108,403
2019 $10,830 $738,859 $624,000 $114,859
2018 $9,792 $647,610 $624,000 $23,610
2017 $10,216 $654,076 $620,800 $33,276
2016 $11,303 $736,617 $620,800 $115,817
2015 $10,369 $631,698 $620,800 $10,898
2014 -- $990,695 $776,600 $214,095
2013 -- $720,695 $541,900 $178,795
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Stellar MLS

MLS Number: A4473178

Stellar MLS

APN: 04-44-21-01-00001.0070

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