NOT LISTED FOR SALE

124 Useppa Useppa Island, 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

496 Days on Market

Highlights

  • Community Beach Access
  • Community Boat Dock
  • Two Primary Bedrooms
  • Sanibel Elementary School Rated A-
  • Bay View
  • Private Membership Available

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 #274500756 Listed on: 08/24/2019

Last Buyer's Agent

Brian McColgan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,002

Year Built

  • Built in 1983

Lot Details

  • 5,837 Sq Ft Lot
  • Southeast Facing Home
  • Zero Lot Line
  • Property is zoned RM-2

HOA Fees

  • $607 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Wood Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,725 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Partially Furnished
  • Built-In Features
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Shutters
  • Single Hung Windows
  • French Doors
  • Combination Dining and Living Room
  • Bay Views
  • High Impact Door

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Double Master Bedroom
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • 4 Full Bathrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Humidifier
  • Central Heating and Cooling System
  • Underground Utilities
  • Private Sewer
  • Sewer Assessments

Listing and Financial Details

  • Legal Lot and Block 24 / 1
  • Assessor Parcel Number 04-44-21-01-00001.0240

Community Details

Overview

  • Association fees include management, road maintenance, sewer, street lights, trash, water
  • Private Membership Available
  • Association Phone (239) 283-1061
  • Cottage Sites Of Useppa Subdivision

Amenities

  • Restaurant
  • Clubhouse
  • Community Library

Recreation

  • Community Boat Dock
  • Pier or Dock
  • Community Beach Access
  • Marina
  • Tennis Courts
  • Bocce Ball Court
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,002

Year Built

Built in 1983

Lot Details

5,837 Sq Ft Lot

HOA Fees

$607 per month

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.134
  • Ownership: Single Family
  • Subdivision Name: COTTAGE SITES OF USEPPA
  • Directions: Pine Island Road West to Stringfellow Road/Pine Island Center. Turn right go 7 miles to Bocilla Marina in Bokeelia, to board the club launch. Useppa is an approximate 30-minute boat ride from the marina. Access by members and guests only.
  • Architectural Style: Florida
  • Carport Y N: No
  • Garage Yn: No
  • Year Built: 1983
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Microwave, Range, Refrigerator, Washer, Humidifier
  • Full Bathrooms: 4
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Wet Bar, Built-in Features, Bedroom on Main Level, Closet Cabinetry, Dual Sinks, French Door(s)/Atrium Door(s), Fireplace, Living/Dining Room, Main Level Master, Multiple Master Suites, Pantry, Vaulted Ceiling(s), Split Bedrooms
  • Living Area: 2725.0
  • Stories: 3
  • Window Features: Single Hung, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Private: No
  • View: Bay, Landscaped, Water
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Wood Siding, Wood Frame
  • Direction Faces: Southeast
  • Exterior Features: Deck, Security/High Impact Doors, Patio, Shutters Manual
  • Patio And Porch Features: Balcony, Deck, Open, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Private Sewer
  • Utilities: Underground Utilities
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Tennis Court(s), Street Lights
  • Amenities: Beach Rights, Bocce Court, Boat Dock, Beach Access, Marina, Clubhouse, Library, Pier, Playground, Private Membership, Restaurant, Sidewalks, Tennis Court(s)
  • Association Fee: 607.37
  • Association Fee Frequency: Monthly
  • Phone: 239-283-1061
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Association Management, Road Maintenance, Sewer, Street Lights, Trash, Water

Lot Info

  • Parcel #: 04-44-21-01-00001.0240
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 13002.0
  • Tax Block: 1
  • Tax Lot: 24
  • Tax Year: 2019

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
Brian McColgan
List Price
$849,000
Sold Price
$700,000
Premium/Discount to List
-$149,000
-17.55%
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
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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
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 -17.6% $257 / Sq Ft
01/02/2021 01/02/21 Pending -- -- --
08/24/2019 08/24/19 For Sale $849,000 -- $312 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219056396

Florida Gulf Coast Multiple Listing Service

APN: 04-44-21-01-00001.0240

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