Seller's Agent in 2022
Christopher Kirchner
Keller Williams Realty Fort Myers
(239) 470-4650
70 in this area
132 Total Sales
1220 Morningside Place Sanibel, FL 33957
Estimated Value: $879,000 - $2,356,000
6
Beds
4
Baths
2,066
Sq Ft
$822/Sq Ft
Est. Value
Highlights
- Community Beach Access
- Concrete Pool
- Fruit Trees
- Sanibel Elementary School Rated A-
- 1.16 Acre Lot
- Deck
About This Home
As of January 2022Gorgeous property offering two remodeled duplexes with a pool, on over an acre of prime Sanibel Island real estate. Just steps to the beach, bay,lighthouse, and the east-end's restaurants and shops. Lush landscaping offers privacy for the entire property and genuine old Sanibel ambiance. Four units total,offering two and one bedroom suites, each with new kitchens, with open and screened lanais. A large pool area and expansive outdoor deck with grills and lounge chairs allow residents to have a tranquil island lifestyle. Wonderful opportunities as an investment property, family compound or new development as two large single family homes.
Last Agent to Sell the Property
Keller Williams Realty Fort Myers License #280596833 Listed on: 11/08/2021
Last Buyer's Agent
Non-listing FGC MLS Non-Listing agent
FGC Non-MLS Office License #258029255
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,918
Year Built
- Built in 1958
Lot Details
- 1.16 Acre Lot
- Lot Dimensions are 190 x 300 x 190 x 300
- Corner Lot
- Oversized Lot
- Sprinkler System
- Fruit Trees
Home Design
- Duplex
- Florida Architecture
- Wood Frame Construction
- Shingle Roof
- Wood Siding
Interior Spaces
- 2,066 Sq Ft Home
- Sliding Windows
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Pool
- Concrete Pool
- Heated In Ground Pool
- Pool Equipment or Cover
Outdoor Features
- Deck
- Patio
- Outdoor Storage
Utilities
- Cooling System Mounted In Outer Wall Opening
- Wall Furnace
- High Speed Internet
Listing and Financial Details
- Legal Lot and Block 1 / 4
- Assessor Parcel Number 20-46-23-T2-00004.0010
Community Details
Overview
- 2 Buildings
Amenities
- Community Barbecue Grill
- Picnic Area
- Laundry Facilities
- Bike Room
- Community Storage Space
Recreation
- Community Beach Access
- Community Pool
Pet Policy
- Pets Allowed
Building Details
- Operating Expense $54,661
- Net Operating Income $67,973
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 8, 2021
Closed on
Jan 3, 2022
Sold by
Janjua Island Management Llc
Bought by
Frost Robert and Frost Amy
Seller's Agent
Christopher Kirchner
Keller Williams Realty Fort Myers
Buyer's Agent
Non-listing FGC MLS Non-Listing agent
FGC Non-MLS Office
List Price
$2,000,000
Sold Price
$1,800,000
Premium/Discount to List
-$200,000
-10%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$102,071
Avg. Annual Appreciation
-1.57%
Original Mortgage
$1,134,750
Outstanding Balance
$1,050,211
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$647,718
Purchase Details
Listed on
Mar 4, 2015
Closed on
Dec 15, 2015
Sold by
Castaldo John E and Castaldo Laurie A
Bought by
Janjua Island Management Llc
Seller's Agent
Michael McMurray
Royal Shell Real Estate, Inc.
Buyer's Agent
Dustyn Corace
RE/MAX of The Islands
List Price
$1,198,000
Sold Price
$1,024,000
Premium/Discount to List
-$174,000
-14.52%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Purchase Details
Closed on
Sep 15, 1998
Sold by
Poteraske John F and Poteraske Sharon A
Bought by
Castaldo John E and Castaldo Laurie A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,350
Interest Rate
6.99%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 24, 1997
Sold by
Nail Patty J and Nail James W
Bought by
Poteraske John F and Poteraske Sharon A
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
7.61%
Mortgage Type
Commercial
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Frost Robert | $1,800,000 | Superior Ttl Svcs Of Sanibel | |
| Janjua Island Management Llc | $1,024,000 | Realty Title Services Of San | |
| Castaldo John E | $340,000 | -- | |
| Poteraske John F | $112,500 | -- | |
| Poteraske John F | $112,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Frost Robert Scott | $347,400 | |
| Open | Frost Robert | $1,134,750 | |
| Previous Owner | Castaldo John E | $287,350 | |
| Previous Owner | Poteraske John F | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/05/2022 01/05/22 | Sold | $1,800,000 | -10.0% | $871 / Sq Ft |
| 12/06/2021 12/06/21 | Pending | -- | -- | -- |
| 11/08/2021 11/08/21 | For Sale | $2,000,000 | +95.3% | $968 / Sq Ft |
| 12/15/2015 12/15/15 | Sold | $1,024,000 | -14.5% | $564 / Sq Ft |
| 11/15/2015 11/15/15 | Pending | -- | -- | -- |
| 03/04/2015 03/04/15 | For Sale | $1,198,000 | -- | $659 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Tax History Compared to Growth
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 | $16,238 | $1,152,942 | -- | -- |
| 2023 | $16,238 | $1,018,142 | $1,018,132 | $10 |
| 2022 | $12,392 | $778,455 | $601,000 | $139,446 |
| 2021 | $11,946 | $739,249 | $607,160 | $132,089 |
| 2020 | $11,918 | $732,348 | $601,000 | $131,348 |
| 2019 | $11,961 | $735,057 | $601,000 | $134,057 |
| 2018 | $12,144 | $733,945 | $601,000 | $132,945 |
| 2017 | $12,144 | $780,051 | $601,000 | $179,051 |
| 2016 | $10,638 | $611,328 | $601,549 | $9,779 |
| 2015 | $11,403 | $645,269 | $514,518 | $130,751 |
| 2014 | $12,017 | $691,981 | $570,788 | $121,193 |
| 2013 | -- | $606,072 | $529,015 | $77,057 |
Source: Public Records
Agents Affiliated with this Home
-
Christopher Kirchner
-
Sarah Ashton
Seller Co-Listing Agent in 2022
Sarah Ashton
Keller Williams Realty Fort Myers
(239) 691-4915
46 in this area
65 Total Sales
-
N
Buyer's Agent in 2022
Non-listing FGC MLS Non-Listing agent
FGC Non-MLS Office
-
Michael McMurray
Seller's Agent in 2015
Michael McMurray
Royal Shell Real Estate, Inc.
(239) 850-7888
104 in this area
408 Total Sales
-
Trevor Nette
T
Seller Co-Listing Agent in 2015
Trevor Nette
Royal Shell Real Estate, Inc.
(239) 281-4435
23 in this area
40 Total Sales
-
D
Buyer's Agent in 2015
Dustyn Corace
RE/MAX of The Islands
Map
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 221078859
APN: 20-46-23-T2-00004.0010
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