NOT LISTED FOR SALE

124 Useppa Island Captiva, FL 33924

Estimated Value: $1,095,000 - $1,309,000

3 Beds
4 Baths
2,725 Sq Ft
$441/Sq Ft Est. Value

Last Sold February 01, 2021

Last sale price $700,000 $257 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $8,232/month

488 Days on Market

Highlights

  • Water Views
  • Water Access
  • Fishing
  • Cape Coral High School Rated A-
  • Fitness Center
  • Deck

About This Home

As of February 2021

Welcome to Casa De Leones cottage located on the famous Pink Promenade on Useppa Island. This property would be perfect for a primary home, second home or corporate retreat. With three master ensuites and a possible fourth on three levels, this home has room for everyone! The main entrance is on the second level and has a great room, dining room, kitchen and family room with wet bar(possible 4th master). This level accesses both the front porch and the back porch for great sunrises and sunsets. The lower level has two masters with access to a back porch and the upper level has one master with a private balcony. The kitchen boasts granite counters, wood cabinets, stainless appliances and plenty of cabinet space. There are hurricane shutters and the sliding doors are impact glass. A recent 24x20 deck has been added to the home, this is a great bbq area for all of your friends! The island is the perfect location to unwind and recenter. The amenities include the Collier Inn, restaurant, bar, community pool, tennis, library, fitness center, bocce, croquet, butterfly garden, and much more. This home is priced to sell, make your appointment today.

Last Agent to Sell the Property

Della Booth

TIME REALTY SERVICES, INC. License #666238 Listed on: 08/24/2019

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

  • $11,754

Year Built

  • Built in 1983

Lot Details

  • 5,837 Sq Ft Lot
  • Lot Dimensions are 60x96x60x100
  • Southwest Facing Home
  • Landscaped with Trees
  • Property is zoned RM-2

HOA Fees

  • $607 Monthly HOA Fees

Property Views

  • Water
  • Woods

Home Design

  • Key West Architecture
  • Tri-Level Property
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,725 Sq Ft Home
  • Wet Bar
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • French Doors
  • Sliding Doors
  • Great Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Inside Utility
  • Crawl Space
  • Hurricane or Storm Shutters

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Solid Wood Cabinet

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Water Access
  • Balcony
  • Deck
  • Covered Patio or Porch

Location

  • Flood Zone Lot

Utilities

  • Humidity Control
  • Central Heating and Cooling System
  • Underground Utilities

Listing and Financial Details

Community Details

Overview

  • Association fees include ground maintenance, manager, private road, recreational facilities, sewer, trash, water
  • $177 Other Monthly Fees
  • R White Association, Phone Number (239) 283-1061
  • Visit Association Website
  • Useppa Prop Co Inc Subdivision
  • The community has rules related to deed restrictions, allowable golf cart usage in the community
  • Rental Restrictions

Recreation

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,754

Year Built

Built in 1983

Lot Details

5,837 Sq Ft Lot

HOA Fees

$607 per month

Listing Details

  • HOA Fee Includes: Maintenance Grounds, Manager, Private Road, Recreational Facilities, Sewer, Trash, Water
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Key West
  • Construction Materials: Wood Frame, Wood Siding
  • Fireplace: Yes
  • Living Area: 2725
  • Lot Size Acres: 0.13
  • New Construction: No
  • Year Built: 1983
  • Lot Size Sq Ft: 5837
  • Status: Sold
  • Down Payment Resource URL: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7419408?w=Agent&skip_sso=true
  • Down Payment Resource URL 2: https://www.workforce-resource.com/dpr/listing/MFRMLS/C7419408?w=Customer
  • Homestead Y N: No
  • Total Acreage: 0 to less than 1/4
  • Unit Number Y N: No
  • Other Fees Amount: 177
  • Ratio: Close Price\List Price: 0.93333
  • Price per Sq Ft: 256.88
  • Close to Original List Price Ratio: 0.8245
  • View: Yes
  • Ownership: Fee Simple
  • Tax Year: 2018
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile
  • Full Bathrooms: 4
  • Interior Amenities: Ceiling Fans(s), Living Room/Dining Room Combo, Master Bedroom Main Floor, Solid Wood Cabinets, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Window Treatments
  • Appliances Included: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Crawlspace
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Room Count: 12
  • Additional Rooms: Den/Library/Office, Great Room, Inside Utility
  • ResoLivingAreaSource: PublicRecords

Exterior Features

  • Direction Faces: Southwest
  • Exterior Features: Balcony, French Doors, Hurricane Shutters, Sliding Doors
  • Roof: Metal
  • Pool Private: No
  • View: Trees/Woods, Water
  • Waterfront: No
  • Patio and Porch Features: Covered, Deck, Front Porch, Rear Porch, Screened
  • Water View Y N: No
  • Water Access Y N: No
  • Water Extras Y N: No
  • Flood Zone Panel: 12071C0215F
  • Disclosures: HOA/PUD/Condo Disclosure, Seller Property Disclosure

Garage/Parking

  • Carport Y N: No
  • Garage Yn: No
  • Open Parking: No

Utilities

  • Utilities: Electricity Connected, Public, Underground Utilities
  • Cooling: Central Air, Humidity Control
  • Heating: Central, Electric
  • Laundry Features: Inside, Laundry Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Buyer Approval Required, Deed Restrictions, Fishing, Fitness, Golf Carts OK, Playground, Pool, Sidewalk, Tennis Courts, Water Access
  • Association Fee: 607.37
  • Association Fee Frequency: Monthly
  • Association Name: r white
  • Phone: 239-283-1061
  • Association: Yes
  • Senior Community: No
  • Other Fees Term: Monthly
  • Association Website: www.useppa.com
  • Amenities Additional Fees: Buyer to pay $7500 initiation fee at closing
  • Association Fee Requirement: Required
  • Association Approval Required YN: No

Fee Information

  • Total Annual Fees: 9412.44
  • Monthly HOA Fee: 607.37
  • Total Monthly Fees: 784.37

Lot Info

  • Zoning: RM-2
  • Parcel Number: 04-44-21-01-00001.0240
  • Additional Parcels: No
  • Lot Features: FloodZone
  • Lot Dimensions: 60x96x60x100
  • Flood Zone Code: AE
  • Flood Zone Date: 2008-08-28
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Furnished: Partially
  • Pets Allowed: Yes
  • Minimum Lease: 1-7 Days
  • Lease Restrictions Y N: Yes
  • Additional Lease Restrictions: Can be leased by the owner or by using the on-site rental company. No air bnb or online.

Tax Info

  • Tax Annual Amount: 11754
  • Tax Block: 1
  • Tax Book Number: 3571
  • Tax Lot: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2019
Closed on
Feb 1, 2021
Sold by
Gilstad Dennis J
Bought by
Prosser Leslie Ted
Seller's Agent
Della Booth
TIME REALTY SERVICES, INC.
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$750,000
Sold Price
$700,000
Premium/Discount to List
-$50,000
-6.67%
Current Estimated Value
$1,202,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$502,000
Avg. Annual Appreciation
11.11%
Original Mortgage
$463,500
Outstanding Balance
$414,335
Interest Rate
2.67%
Mortgage Type
New Conventional
Estimated Equity
$787,665

Purchase Details

Closed on
Apr 8, 2019
Sold by
Peth Leslee and Gilstad Dennis J
Bought by
Gilstad Dennis J

Purchase Details

Closed on
May 31, 2017
Sold by
Mills William H
Bought by
Gilstad Dennis and Gilstad Leslee
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Purchase History

Date Buyer Sale Price Title Company
Prosser Leslie Ted $700,000 None Listed On Document
Gilstad Dennis J -- Attorney
Gilstad Dennis $685,100 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prosser Leslie Ted $463,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2021 02/01/21 Sold $700,000 -6.7% $257 / Sq Ft
12/23/2020 12/23/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $750,000 +7.1% $275 / Sq Ft
10/20/2020 10/20/20 Off Market $700,000 -- --
06/28/2020 06/28/20 Price Changed $750,000 -11.7% $275 / Sq Ft
05/16/2020 05/16/20 For Sale $849,000 +21.3% $312 / Sq Ft
04/20/2020 04/20/20 Off Market $700,000 -- --
08/23/2019 08/23/19 For Sale $849,000 -- $312 / 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 $16,454 $1,033,018 -- --
2024 $16,454 $939,107 -- --
2023 $7,853 $492,692 $492,682 $10
2022 $17,172 $1,119,348 $384,000 $735,348
2021 $10,092 $699,011 $384,000 $315,011
2020 $13,030 $879,366 $384,000 $495,366
2019 $13,002 $887,438 $384,000 $503,438
2018 $11,754 $777,625 $384,000 $393,625
2017 $13,300 $851,919 $384,000 $467,919
2016 $12,826 $846,771 $384,000 $462,771
2015 $13,487 $962,804 $384,000 $578,804
2014 -- $644,706 $384,000 $260,706
2013 -- $674,592 $471,500 $203,092
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: C7419408

Stellar MLS

APN: 04-44-21-01-00001.0240

Florida Lee County Captiva 33921

124 Useppa Island, Captiva, FL

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Stellar MLS Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Based on information submitted to the MLS GRID

Listing Information presented by local MLS brokerage: Ten-X - (888)-952-6393

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