NOT LISTED FOR SALE

1501 Middle Gulf Dr, Unit C310 Sanibel, FL 33957

Estimated Value: $503,000 - $561,000

1 Bed
1 Bath
778 Sq Ft
$876/mo HOA Fee

Last Sold September 25, 2024

Last sale price $560,000 $720 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $3,684/month

559 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Outdoor Pool
  • Furnished
  • Sanibel Elementary School Rated A-
  • Traditional Architecture
  • Screened Porch

About This Home

As of September 2024

Are you ready to enjoy your own vacation home on Sanibel for Nov. 2024? This one-bedroom condominium is steps to the beach and fully furnished by Vandenburgh Interiors. Recent improvements include stainless appliances, granite countertops, new king size bed, updated switches and lighting, flat screen smart TV'S. New impact sliders from Sanibel Glass. It also provides great rental income when you’re not able to be here. Isn’t it time to have your dream vacation home on Sanibel? Sundial Beach Resort offers the perfect sandy beaches, convenient Island location as well as great amenities available if you are in the resort rental program and is pet friendly for property owners too! Interior will need painting and flooring. Was on market before storm at $875,000. Don't wait on this one! Visual tour is before storm. Ready for you to finish Sept 3rd 2024. Water damage to ceiling from rain Sept. 2023. Temp roof leaked. New roof is now on. All furnishings and housewares have been moved to an AC storage unit. New plumbing, new AC and water heater Aug 12, 2024. 2023 taxes are storm discounted. 2022 taxes were $6,392.

Last Agent to Sell the Property

Fred Newman

Royal Shell Real Estate, Inc. License #511421 Listed on: 02/03/2023

Royal Shell Real Estate, Inc.

Co-Listed By

Vicki Panico

Royal Shell Real Estate, Inc. License #391707

Last Buyer's Agent

Fred Newman

Royal Shell Real Estate, Inc. License #511421 Listed on: 02/03/2023

Royal Shell Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $763

Year Built

  • Built in 1974

Lot Details

  • 6,098

HOA Fees

  • $876 Monthly HOA Fees

Parking

  • Open Parking

Property Views

  • Garden

Home Design

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

Interior Spaces

  • 778 Sq Ft Home
  • Furnished
  • Ceiling height between 8 to 10 feet
  • Ceiling Fan
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Luxury Vinyl Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Home Security

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Internet Available

Additional Features

  • Outdoor Pool
  • Property fronts gulf or ocean

Listing and Financial Details

  • Tax Lot 309
  • Assessor Parcel Number 30-46-23-T4-02103.3090

Community Details

Overview

  • Association fees include cable TV, elevator, exter pest control, exterior main/repair, insurance bldg, internet, irrigation, landscape/lawn, legal and accounting, manager, pool service, sewer, trash, water
  • Sundial West Association, Phone Number (239) 472-2443
  • Sundial West Community

Amenities

  • Community Barbecue Grill
  • Laundry Facilities
  • Elevator

Pet Policy

  • Limit on the number of pets

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$763

Year Built

Built in 1974

Lot Details

0

HOA Fees

$876 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Design: Traditional
  • Legal Description: SUNDIAL PHASE 1 CONDO BLDG 3 OR 913 PG 792 APT 309(C-310)
  • Strap Number: 30-46-23-T4-02103.3090
  • Subject To F I R P T A: No
  • Year Built: 1974
  • Pet Limits: Two pets allowed owners only. No Weight limit.
  • Pets: Limits
  • Folio Id: 10128938
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 719.79
  • Appliances: Dishwasher, Disposal, Internet Ready, Microwave, Range Electric, Refrigerator, Smoke Detector(s), Water Heater
  • Estimated Living Sq Ft: 778
  • Bathrooms: 1
  • Bathrooms Display: 1/0
  • Bedrooms: 1
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Floor: 3
  • Flooring: Luxury Vinyl
  • Furnished: Yes
  • Furnishing: Fully Furnished, Window Cov-All
  • Primary Bathroom: Shower/Tub Combo
  • Master Bedroom: Walk-In Closet, See Remarks
  • Windows: Sliding, See Remarks

Exterior Features

  • Misc Exterior: CBS
  • Waterfront: Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Ext Fin Trim: Stucco
  • Pool: Yes
  • View: Direct Gulf, Lawn/Garden

Garage/Parking

  • Parking: Open

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Central Air/Cooling
  • Heating: Central Heat
  • Security: None/Not Applicable

Condo/Co-op/Association

  • Association Fees Disp: Y - $2627/Q
  • Association Fee: 2627
  • Association Fee Period: Quarterly
  • Association Right Of Refusal: Yes
  • Association Management: Sundial West
  • Management Company Phone: 239-472-2443
  • Condo Amenities: Community Laundry, Elevator, Grills, WiFi
  • Condo Name: Sundial West
  • Fees Include: Cable TV, Elevator, Exter Pest Control, Exterior Main/Repair, Insurance Bldg, Internet, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Pool Service, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $/
  • Members Right Of Refusal: No

Lot Info

  • Geo Update Timestamp: 2023-02-03
  • Geo Address Line: 1501 Middle Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 309

Rental Info

  • Application Fee: 150
  • Application Required: Yes
  • Rent History: 2021 gross $78,013, 2022 gross $63,999. Owner receives 60% of adjusted gross. Rental suspended 9-28-2022 for Hurricane Ian. Rental restart date TBD.
  • Rent Phone: 239-472-6026
  • Rent Type: Daily

Tax Info

  • Tax Amount: 763
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2023
Closed on
Sep 25, 2024
Sold by
Payne Roger K and Payne Leanne J
Bought by
Goldschmidt David and Goldschmidt Moran
Seller's Agent
Fred Newman
Royal Shell Real Estate, Inc.
Buyer's Agent
Fred Newman
Royal Shell Real Estate, Inc.
List Price
$625,000
Sold Price
$560,000
Premium/Discount to List
-$65,000
-10.4%
Views
376
Current Estimated Value
$530,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,516
Avg. Annual Appreciation
-4.14%
Original Mortgage
$310,000
Outstanding Balance
$306,142
Interest Rate
6.37%
Mortgage Type
New Conventional
Estimated Equity
$224,342

Purchase Details

Listed on
Nov 15, 2018
Closed on
Jul 24, 2019
Sold by
Patmos Bruce D and Patmos Patricia A
Bought by
Payne Roger K and Payne Leanne J Anama
Seller's Agent
Robin Humphrey
VIP Realty Sanibel and Captiva
Buyer's Agent
Fred Newman
Royal Shell Real Estate, Inc.
List Price
$469,750
Sold Price
$442,000
Premium/Discount to List
-$27,750
-5.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Original Mortgage
$375,700
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 12, 2018
Sold by
Patmos Bruce D and Patmos Patricia A
Bought by
Patmos Bruce D and Patmos Patricia A

Purchase Details

Listed on
Oct 26, 2016
Closed on
Dec 19, 2016
Sold by
Johnson James L and Haida Johnson Diane M
Bought by
Patmos Bruce D and Patmos Patricia A
Seller's Agent
Steve Fisher
RE/MAX Realty Group
Buyer's Agent
Robin Humphrey
List Price
$439,000
Sold Price
$429,500
Premium/Discount to List
-$9,500
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.36%

Purchase Details

Closed on
Aug 29, 2003
Sold by
Torossian Harry C
Bought by
Johnson James L and Haida Johnson Diane M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
6.33%

Purchase Details

Closed on
Jan 21, 1998
Sold by
Torossian Harry C and Torossian Mary A
Bought by
Torossian Harry C

Purchase Details

Closed on
Mar 3, 1994
Sold by
Walsh Brian and Walsh Sandra
Bought by
French Dexter S and French Eleanor P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
7.04%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Goldschmidt David $560,000 Bh Title
Payne Roger K $442,000 Barrier Island Title
Patmos Bruce D -- Attorney
Patmos Bruce D $429,500 Barrier Iasland Title Servic
Johnson James L $445,000 --
Torossian Harry C -- --
French Dexter S $206,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Goldschmidt David $310,000
Previous Owner Payne Roger K $375,700
Previous Owner Johnson James L $356,000
Previous Owner French Dexter S $164,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/25/2024 09/25/24 Sold $560,000 -10.4% $720 / Sq Ft
08/15/2024 08/15/24 Pending -- -- --
02/28/2024 02/28/24 For Sale $625,000 0.0% $803 / Sq Ft
02/26/2024 02/26/24 Pending -- -- --
01/05/2024 01/05/24 For Sale $625,000 0.0% $803 / Sq Ft
01/05/2024 01/05/24 Price Changed $625,000 +11.6% $803 / Sq Ft
01/05/2024 01/05/24 Off Market $560,000 -- --
01/04/2024 01/04/24 Off Market $659,000 -- --
02/03/2023 02/03/23 For Sale $659,000 +49.1% $847 / Sq Ft
07/24/2019 07/24/19 Sold $442,000 0.0% $568 / Sq Ft View Prior Sale
07/24/2019 07/24/19 Sold $442,000 -5.9% $568 / Sq Ft View Prior Sale
07/23/2019 07/23/19 Pending -- -- --
06/24/2019 06/24/19 Pending -- -- --
11/15/2018 11/15/18 For Sale $469,750 0.0% $604 / Sq Ft
11/12/2018 11/12/18 For Sale $469,750 +9.4% $604 / Sq Ft
12/19/2016 12/19/16 Sold $429,500 -2.2% $608 / Sq Ft View Prior Sale
11/19/2016 11/19/16 Pending -- -- --
10/26/2016 10/26/16 For Sale $439,000 -- $622 / 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 $449 $485,951 -- $485,951
2024 $794 $30,455 -- $30,455
2023 $794 $54,070 $0 $54,070
2022 $6,392 $443,726 $0 $0
2021 $5,752 $403,387 $0 $403,387
2020 $5,402 $373,873 $0 $373,873
2019 $5,234 $359,338 $0 $359,338
2018 $5,252 $359,338 $0 $359,338
2017 $4,822 $316,540 $0 $316,540
2016 $4,323 $278,679 $0 $278,679
2015 $4,189 $262,900 $0 $262,900
2014 -- $268,600 $0 $268,600
2013 -- $253,900 $0 $253,900
Source: Public Records

Agents Affiliated with this Home

  • Fred Newman

    Seller's Agent in 2024

    Fred Newman

    Royal Shell Real Estate, Inc.

    (239) 826-2704

    13 in this area

    32 Total Sales

    Fred Newman
    Section Image
  • Vicki Panico

    Seller Co-Listing Agent in 2024

    Vicki Panico

    Royal Shell Real Estate, Inc.

    (239) 980-0088

    14 in this area

    34 Total Sales

    Vicki Panico
    Section Image

  • R

    Seller's Agent in 2019

    Robin Humphrey

    VIP Realty Sanibel and Captiva

    Section Image

  • M

    Seller Co-Listing Agent in 2019

    Martha Smith

    VIP Realty Sanibel and Captiva

    Section Image
  • Steve Fisher

    Seller's Agent in 2016

    Steve Fisher

    RE/MAX

    (239) 472-0949

    28 in this area

    31 Total Sales

    Steve Fisher
    Section Image
See All Agents

About This Building

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2230170

Sanibel & Captiva Islands Association of REALTORS®

APN: 30-46-23-T4-02103.3090

Florida Lee County Sanibel 33957

1501 Middle Gulf Dr Unit C310, Sanibel, FL

Not Listed for Sale

Condos

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