NOT LISTED FOR SALE

1525 San Carlos Bay Dr Sanibel, FL 33957

Estimated Value: $1,859,000 - $2,372,000

3 Beds
2 Baths
2,629 Sq Ft
$806/Sq Ft Est. Value

Last Sold February 27, 2020

Last sale price $1,445,000 $550 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $14,688/month

106 Days on Market

Highlights

  • Boat Dock
  • Concrete Pool
  • Canal Access
  • Sanibel Elementary School Rated A-
  • Waterfront
  • Canal View

About This Home

As of February 2020

A BOATERS DREAM. Three boat docks with 2 lifts on 175 feet of deepwater water frontage just minutes to San Carlos Bay. This canal front ground level residence offers 3 bedrooms, two baths and den/office. This open floor plan features raised ceilings in the great room and kitchen and offers a fireplace and separate wet bar with ice maker and refrigerator. Kitchen and baths updated, tile and wood flooring, large waterfront lanai, pool with custom coral stone decking, laundry room, two car garage, custom shutters and clear coated pine soffits throughout. Located in one of Sanibel's most sought after waterfront neighborhoods. A MUST SEE.

Last Agent to Sell the Property

John Naumann

Berkshire Hathaway Florida License #280500022 Listed on: 11/12/2019

Berkshire Hathaway Florida

Co-Listed By

Evan duPont

Michael Saunders & Company License #280596826

Last Buyer's Agent

LeAne Taylor Suarez

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,528

Year Built

  • Built in 1974

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 175 x 105 x 105 x 175
  • Waterfront
  • Cul-De-Sac
  • North Facing Home
  • Oversized Lot
  • Sprinkler System

HOA Fees

  • $2 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,629 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Bar
  • Sliding Windows
  • Home Office
  • Canal Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Concrete Pool
  • In Ground Pool
  • Outdoor Shower
  • Pool Equipment or Cover

Outdoor Features

  • Canal Access
  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 32 / A
  • Assessor Parcel Number 18-46-23-T4-0060A.0240

Community Details

Overview

  • Association Phone (239) 462-1817
  • Sanibel Isles Subdivision

Recreation

  • Boat Dock

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,528

Year Built

Built in 1974

Lot Details

0

HOA Fees

$2 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.362
  • Lot Size: 175 x 105 x 105 x 175
  • Road Surface Type: Paved
  • Co List Office Mls Id: JNAU
  • Co List Office Phone: (239) 472-0176
  • Ownership: Single Family
  • Subdivision Name: SANIBEL ISLES
  • Architectural Style: Ranch, One Story
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1974
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Wine Cooler, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Interior Amenities: Wet Bar, Breakfast Bar, Dual Sinks, Eat-in Kitchen, High Speed Internet, Tub Shower, Cable TV, Bar, Walk-In Closet(s), Home Office, Split Bedrooms
  • Living Area: 2629.0
  • Stories: 1
  • Window Features: Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Oversized Lot, Cul-De-Sac, Sprinklers Automatic
  • Pool Features: Concrete, In Ground, Pool Equipment
  • Pool Private: Yes
  • View: Canal
  • View: Yes
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Sprinkler/Irrigation, Outdoor Shower, Patio, Storage
  • Patio And Porch Features: Open, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Garage, Paved, Two Spaces, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Boat Facilities
  • Amenities: None
  • Association Fee: 25.0
  • Association Fee Frequency: Annually
  • Phone: 239-462-1817
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 18-46-23-T4-0060A.0240
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 16528.0
  • Tax Block: A
  • Tax Lot: 32
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2022
Sold by
San Carlos Bay Investments Llc
Bought by
Sepe William
Current Estimated Value
$2,118,527

Purchase Details

Closed on
Mar 24, 2022
Sold by
Sepe William R
Bought by
San Carlos Bay Investments Llc

Purchase Details

Listed on
Nov 12, 2019
Closed on
Feb 27, 2020
Sold by
Swfla Investments Llc
Bought by
Sepe William R
Seller's Agent
John Naumann
Berkshire Hathaway Florida
Buyer's Agent
LeAne Taylor Suarez
List Price
$1,469,500
Sold Price
$1,445,000
Premium/Discount to List
-$24,500
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%
Original Mortgage
$1,255,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 18, 2015
Closed on
Nov 3, 2015
Sold by
Walters Constance
Bought by
U S Bank National Association and Harborview 2005-12 Trust Fund
Seller's Agent
Lynn Rhinehart
Starlink Realty, Inc
Buyer's Agent
Lynn Rhinehart
Starlink Realty, Inc
List Price
$740,000
Sold Price
$976,500
Premium/Discount to List
$236,500
31.96%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.80%

Purchase Details

Closed on
Jun 10, 2004
Sold by
Raisbeck David W and Raisbeck Ellen J
Bought by
Walters Tracy and Walters Constance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
6.25%
Mortgage Type
Unknown
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
Sepe William $100 --
San Carlos Bay Investments Llc -- Pigott And Kearce Pa
Sepe William R $1,445,000 Attorney
U S Bank National Association $1,300,100 None Available
Walters Tracy $1,000,000 Realty Title Services Of San
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sepe William B $1,622,500
Previous Owner Sepe William R $1,255,000
Previous Owner Walters Tracy A $65,000
Previous Owner Walters Constance $208,000
Previous Owner Walters Tracy $1,200,000
Previous Owner Walters Tracy $800,000
Previous Owner Raisbeck David W $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2020 02/27/20 Sold $1,445,000 -1.7% $550 / Sq Ft
02/27/2020 02/27/20 Pending -- -- --
11/12/2019 11/12/19 For Sale $1,469,500 +50.5% $559 / Sq Ft
12/18/2015 12/18/15 Sold $976,500 +32.0% $371 / Sq Ft
12/18/2015 12/18/15 For Sale $740,000 -- $281 / 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
2024 $37,716 $1,659,722 $1,317,674 $248,542
2023 $37,716 $2,629,644 $1,104,669 $1,298,593
2022 $17,846 $1,111,626 $0 $0
2021 $14,830 $1,010,569 $615,988 $394,581
2020 $13,659 $917,304 $874,500 $42,804
2019 $13,452 $897,137 $874,500 $22,637
2018 $16,528 $1,086,100 $874,500 $211,600
2017 $16,773 $1,078,011 $728,750 $349,261
2016 $15,927 $1,004,506 $749,533 $254,973
2015 $12,613 $1,030,691 $751,573 $279,118
2014 $12,637 $986,892 $614,197 $372,695
2013 -- $783,696 $531,964 $251,732
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219073404

Florida Gulf Coast Multiple Listing Service

APN: 18-46-23-T4-0060A.0240