NOT LISTED FOR SALE

Estimated Value: $394,000 - $490,000

2 Beds
2 Baths
1,320 Sq Ft
0.25 Acres

Last Sold March 14, 2022

Last sale price $530,000 $402 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $2,346/month

27 Days on Market

Highlights

  • Pier or Dock
  • Community Cabanas
  • Bay View
  • Fort Myers High School Rated A
  • Access to Bay or Harbor
  • Waterfront

About This Home

As of March 2022

A Picture-Perfect Scene with Bay and Causeway views from sought after Punta Rassa building 1, including covered parking and storage. This beautifully 2020 remodeled unit offers an expanded floorplan, revised master bedroom entry and walk in closet, custom cabinetry, May Tag Stainless Steel Appliances, Fantasy Brown Granite counter tops in the bathrooms and Quartz Cambria Countertops in the Kitchen. Enjoy the ease of beautiful Cortec Luxury Vinyl Plank flooring throughout, Impact glass on the rear of the property and roll down shutters on the front. This end unit is being sold furnished, excluding Personal items and artwork. Enjoy waterfront living at Punta Rassa with 3 finish piers, multiple adjacent dining opportunities, on-site property management, full time maintenance staff and beautifully maintained grounds and amenities. Rentals are permitted on a monthly minimum basis and owners may have 2 pets. For the Boater, Slips are available separately at the adjacent Sanibel Harbour Yacht Club.

Last Agent to Sell the Property

Kristine Cardinale, P.A.

John R. Wood Properties License #280596727 Listed on: 02/11/2022

John R. Wood Properties

Last Buyer's Agent

Jack Mancini

Keller Williams Elite Realty License #3034295

Keller Williams Elite Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,010

Year Built

  • Built in 1980

Lot Details

  • Northeast Facing Home
  • Zero Lot Line

Property Views

Home Design

  • Entry on the 1st floor
  • Wood Frame Construction
  • Built-Up Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,320 Sq Ft Home
  • Furnished
  • Built-In Features
  • Tray Ceiling
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Sliding Windows
  • Open Floorplan
  • Vinyl Flooring

Kitchen

  • Breakfast Bar
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Attached Carport Space
  • Guest Parking

Outdoor Features

  • Access to Bay or Harbor
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 101
  • Assessor Parcel Number 09-46-23-01-00000.1010

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, cable TV, insurance, internet, irrigation water, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, sewer, street lights, security, trash, water
  • 168 Units
  • Association Phone (239) 466-9148
  • Mid-Rise Condominium
  • Punta Rassa Subdivision
  • 5-Story Property

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator
  • Community Storage Space

Recreation

  • Pier or Dock
  • Tennis Courts
  • Pickleball Courts
  • Shuffleboard Court
  • Community Cabanas
  • Community Pool
  • Community Spa
  • Park

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code Access
  • Phone Entry
  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,010

Year Built

Built in 1980

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: PUNTA RASSA
  • Directions: Summerlin Rd towards Sanibel Causeway, make last right before toll plaza to Punta Rassa, 1st Building at Punta Rassa on the right. Lobby code required for access.
  • Architectural Style: Mid Rise
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Year Built: 1980
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: See Remarks, Vinyl
  • Interior Amenities: Breakfast Bar, Built-in Features, Tray Ceiling(s), Dual Sinks, Family/Dining Room, Living/Dining Room, Pantry, Shower Only, Separate Shower, Cable TV, Walk-In Closet(s), High Speed Internet, Split Bedrooms
  • Living Area: 1320.0
  • Stories: 5
  • Window Features: Single Hung, Sliding, Impact Glass, Shutters
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: Bay, Gulf, Partial
  • View: Yes
  • Waterfront Features: Bay Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco, Wood Siding, Wood Frame
  • Direction Faces: Northeast
  • Exterior Features: Security/High Impact Doors, Storage
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Covered, Underground, Guest, One Space, Attached Carport

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Security: Key Card Entry, Phone Entry, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Tennis Court(s), Street Lights
  • Amenities: Cabana, Barbecue, Picnic Area, Pier, Pickleball, Park, Pool, Shuffleboard Court, Spa/Hot Tub, Storage, Sidewalks, Tennis Court(s), Trash
  • Phone: 239-466-9148
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Internet, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Sewer, Street Lights, Security, Trash, Water

Lot Info

  • Parcel #: 09-46-23-01-00000.1010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 168

Tax Info

  • Tax Annual Amount: 4010.0
  • Tax Lot: 101
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2022
Closed on
Mar 11, 2022
Sold by
Ryan Sue A
Bought by
Elias Fred S and Elias Margaret C
Seller's Agent
Kristine Cardinale, P.A.
John R. Wood Properties
Buyer's Agent
Jack Mancini
Keller Williams Elite Realty
List Price
$510,000
Sold Price
$530,000
Premium/Discount to List
$20,000
3.92%
Current Estimated Value
$446,212

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$83,788
Avg. Annual Appreciation
-4.63%
Original Mortgage
$397,500
Outstanding Balance
$371,099
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$75,113

Purchase Details

Closed on
Mar 26, 2012
Sold by
Anac Sarkis Y and Anac Zovinar
Bought by
Ryan Sue A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2003
Sold by
Plouffe Thomas L
Bought by
Anac Sarkis Y and Anac Zovinar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$269,995
Interest Rate
5.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 11, 2000
Sold by
Hall Clifford W and Hall Lucy R
Bought by
Plouffe Thomas L
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Elias Fred S $530,000 Superior Title Services
Ryan Sue A $205,000 Sunbelt Title Agency
Anac Sarkis Y $300,000 --
Plouffe Thomas L $143,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elias Fred S $397,500
Previous Owner Ryan Sue A $153,750
Previous Owner Anac Sarkis Y $269,995
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2022 03/14/22 Sold $530,000 +3.9% $402 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
02/11/2022 02/11/22 For Sale $510,000 -- $386 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $127 $201,471 -- $201,471
2024 $26 $741 -- --
2023 $26 $674 $0 $674
2022 $4,101 $280,297 $0 $0
2021 $3,634 $254,815 $0 $254,815
2020 $4,010 $276,165 $0 $276,165
2019 $4,069 $276,973 $0 $276,973
2018 $3,789 $251,940 $0 $251,940
2017 $4,000 $274,550 $0 $274,550
2016 $3,556 $225,782 $0 $225,782
2015 $3,604 $223,100 $0 $223,100
2014 $3,599 $231,340 $0 $231,340
2013 -- $192,800 $0 $192,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222010587

Florida Gulf Coast Multiple Listing Service

APN: 09-46-23-01-00000.1010