NOT LISTED FOR SALE

1299 Middle Gulf Dr Unit A143 Sanibel, FL 33957

Estimated Value: $452,000 - $1,105,000

3 Beds
2 Baths
1,339 Sq Ft
$700/mo HOA Fee

Last Sold September 27, 2012

Last sale price $970,000 $724 Per Sq Ft

Est. 33% decrease in value since last sale

Current estimated payment $4,318/month

157 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Outdoor Pool
  • Sanibel Elementary School Rated A-
  • Penthouse
  • Furnished

About This Home

As of September 2012

-Gulf Front Top Floor with Roof Top Sun Deck & panoramic Gulf Front views East to West. 2br/2ba plus Den set up as a 3 bedroom with guests comfort in mind. One of Sanibel Islands premiere properties. Remodeled & refurnished in 2010 by local decorator who combined coastal colors of sky, sand + water to create the ambiance of the interior. Full length lanai has stairs to roof top sun deck. Sun deck sq ft not included in the 1,554 sq ft total noted. Covered parking. swimming pool, tennis courts,paver driveway. Income 2011 was $ 71,000 w/bookings up- projected $75,00 for 2012. Pre-bookings for 2013.

Last Agent to Sell the Property

Records Transfer

John R. Wood Properties Listed on: 03/16/2012

Last Buyer's Agent

David Schuldenfrei

Gopher Enterprises of Sanibel & Captiva Islands Corp License #267421

Gopher Enterprises of Sanibel & Captiva Islands Corp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,500

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • Property fronts gulf or ocean
  • Sprinkler System

HOA Fees

  • $700 Monthly HOA Fees

Home Design

  • Penthouse
  • Entry on the 3rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,339 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Combination Dining and Living Room
  • Screened Porch
  • Gulf Views
  • Stacked Washer and Dryer

Kitchen

  • Breakfast Bar
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • Tuck Under Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Sun Deck
  • Outdoor Storage

Utilities

  • Cooling Available

Listing and Financial Details

  • Assessor Parcel Number 30-46-23-T3-0260A.1430

Community Details

Overview

  • Association fees include elevator, insurance bldg, landscape/lawn, legal and accounting, manager, parking, sewer, trash, water
  • Island Management Association, Phone Number (239) 472-5020
  • Compass Point Community

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Community Beach Access
  • Tennis Courts
  • Shuffleboard Court
  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,500

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$700 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Design: Penthouse, Remodeled
  • Legal Description: COMPASS POINT CONDO BLDG A OR 1338 PG 1711 UNIT 143
  • Strap Number: 30-46-23-T3-0260A.1430
  • Year Built: 1980
  • Folio Id: 10128753
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 724.42
  • Total Sq Ft: 1554
  • Appliances: Dishwasher, Disposal, Microwave, Range Electric, Refrigerator, Stack Washer/Dryer
  • Estimated Living Sq Ft: 1339
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 3
  • Fireplace: No
  • Floor: 3
  • Flooring: Carpet, Tile Floor
  • Furnished Disp: Yes - Inventory Avail.
  • Furnished: Yes
  • Furnishing: Inventory Avail.
  • Primary Bathroom: Dbl Sinks, Dbl Vanity, Shower/Tub Combo, Tile
  • Windows: Other Add Agt Note

Exterior Features

  • Misc Exterior: CBS
  • Waterfront: Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1991
  • Ext Fin Trim: Stucco, Other Add Agt Note
  • Pool: Yes
  • View: Direct Gulf

Garage/Parking

  • Parking: Assigned, Under Bldg

Utilities

  • Sewer: City
  • Water: City, Lawn Sprinklers
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s)
  • Security: Other Add Agt Note

Condo/Co-op/Association

  • Association Fees Disp: Yes - $2100/Quarterly
  • Association Fee: 2100
  • Association Fee Period: Quarterly
  • Association Management: Island Management
  • Management Company Phone: 239-472-5020
  • Condo Amenities: Deeded Beach Access, Elevator, Grills, Picnic Area, Play Ground, Pool, Shuffleboard, Tennis Court(s)
  • Condo Name: Compass Point
  • Fees Include: Elevator, Insurance Bldg, Landscape/Lawn, Legal and Accounting, Manager, Parking, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $0/0

Lot Info

  • Geo Update Timestamp: 2019-07-17
  • Geo Address Line: 1299 Middle Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16

Rental Info

  • Rent History: 2012 projected $75k w/61k booked as of6/25/12 (2013 25k+ advanced bookings) 2011 had owner use
  • Rent Phone: 472-6565
  • Rent Type: Weekly

Tax Info

  • Tax Amount: 11500
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 2, 2013
Sold by
Church Daniel E
Bought by
Church Daniel E and The Revocable Trust Of Daniel E Church
Current Estimated Value
$649,386

Purchase Details

Listed on
Mar 16, 2012
Closed on
Sep 27, 2012
Sold by
Patro Richard J and Patro Colleen R
Bought by
Church Daniel E
Seller's Agent
Records Transfer
John R. Wood Properties
Buyer's Agent
David Schuldenfrei
Gopher Enterprises of Sanibel & Captiva Islands Corp
List Price
$1,095,000
Sold Price
$970,000
Premium/Discount to List
-$125,000
-11.42%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-3.03%
Original Mortgage
$654,400
Outstanding Balance
$109,426
Interest Rate
3.68%
Mortgage Type
Unknown
Estimated Equity
$539,960

Purchase Details

Closed on
Oct 13, 2010
Sold by
Laurie Ty and Laurie Kay D
Bought by
Patro Richard J and Patro Colleen R

Purchase Details

Closed on
Jun 15, 2006
Sold by
Laurie Ty and Laurie Kay D
Bought by
Kleinhenn Linda Y

Purchase Details

Closed on
Nov 15, 1999
Sold by
Meltzer Curt L and Meltzer Judith A
Bought by
Laurie T Y and Laurie Kay D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
7.89%

Purchase Details

Closed on
Feb 7, 1997
Sold by
Carter Jane P
Bought by
Meltzer Curt L and Meltzer Judith A
Source: Public Records

Range of Values:

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Average Value
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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
Church Daniel E -- None Available
Church Daniel E $970,000 Barrier Island Title Service
Patro Richard J $842,000 Barrier Island Title Service
Kleinhenn Linda Y $110,000 Barrier Island Title Service
Laurie T Y $925,000 --
Meltzer Curt L $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Church Daniel E $654,400
Previous Owner Laurie T Y $700,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/27/2012 09/27/12 Sold $970,000 -11.4% $724 / Sq Ft
08/20/2012 08/20/12 Pending -- -- --
03/16/2012 03/16/12 For Sale $1,095,000 -- $818 / 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 $1,946 $1,017,155 -- $1,017,155
2024 $3,494 $136,273 -- $136,273
2023 $3,494 $241,934 $0 $241,934
2022 $15,411 $1,049,485 $0 $0
2021 $13,582 $954,077 $0 $954,077
2020 $13,581 $941,545 $0 $941,545
2019 $13,174 $906,015 $0 $906,015
2018 $13,468 $906,823 $0 $906,823
2017 $13,931 $916,513 $0 $916,513
2016 $13,534 $874,519 $0 $874,519
2015 $13,467 $864,700 $0 $864,700
2014 -- $822,700 $0 $822,700
2013 -- $687,442 $0 $687,442
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Records Transfer

    John R. Wood Properties

  • David Schuldenfrei

    Buyer's Agent in 2012

    David Schuldenfrei

    Gopher Enterprises of Sanibel & Captiva Islands Corp

    (239) 565-3186

    40 in this area

    41 Total Sales

    David Schuldenfrei
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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2120377

Sanibel & Captiva Islands Association of REALTORS®

APN: 30-46-23-T3-0260A.1430

Florida Lee County Sanibel 33957

1299 Middle Gulf Dr Unit A143, Sanibel, FL

This home is located at 1299 Middle Gulf Dr Unit A143, Sanibel, FL 33957 since 16 March 2012 and is currently estimated at $649,386, approximately $484 per square foot. This property was built in 1980. 1299 Middle Gulf Dr Unit A143 is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

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.

Sanibel & Captiva Islands Association of REALTORS® 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.

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