NOT LISTED FOR SALE

1610 Middle Gulf Dr Unit F3 Sanibel, FL 33957

Estimated Value: $277,980 - $465,000

1 Bed
1 Bath
736 Sq Ft
$633/mo HOA Fee

Last Sold December 11, 2020

Last sale price $310,000 $421 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,044/month

1 Day on Market

Highlights

  • Community Beach Access
  • Canal Access
  • Community Pool
  • Sanibel Elementary School Rated A-
  • Furnished
  • Breakfast Bar

About This Home

As of December 2020

Close to the beach, updated, fully furnished condominium in Spanish Cay. Updated in 2018 with all-new "wood plank look" tile flooring throughout, quartz countertops in kitchen and bath, all new kitchen appliances, new furnishings, window treatments and more. Easy ground floor location. No stairs. Excellent mid-island location. The condominium is just a short distance to the beach access. Community amenities include a swimming pool. Excellent rental potential.

Last Agent to Sell the Property

Jeff Burns

Premier Sotheby's Int'l Realty License #280595636 Listed on: 11/09/2020

Premier Sotheby's Int'l Realty

Co-Listed By

Kathy Haungs

Premier Sotheby's Int'l Realty License #258012789

Last Buyer's Agent

Susan Andrews

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,182

Year Built

  • Built in 1975

Lot Details

  • 4,600

HOA Fees

  • $633 Monthly HOA Fees

Home Design

  • Built-Up Roof
  • Stucco

Interior Spaces

  • 736 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Additional Features

  • Canal Access
  • South Facing Home

Listing and Financial Details

  • Legal Lot and Block 3 / 140F
  • Assessor Parcel Number 25-46-22-T3-0140F.0030

Community Details

Overview

  • Association fees include insurance, legal/accounting, ground maintenance, pest control, sewer, trash, water
  • 40 Units
  • Association Phone (239) 472-5020
  • Low-Rise Condominium
  • Spanish Cay Condo Subdivision

Recreation

  • Community Beach Access
  • Community Pool

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,182

Year Built

Built in 1975

Lot Details

0

HOA Fees

$633 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.1056
  • Co List Office Mls Id: FPSI
  • Co List Office Phone: (239) 472-2735
  • Ownership: Condo
  • Subdivision Name: SPANISH CAY CONDO
  • Architectural Style: Other, Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1975
  • ResoBuildingAreaSource: SeeRemarks
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, High Speed Internet, Living/Dining Room, None
  • Living Area: 736.0
  • Stories: 2
  • Window Features: Single Hung, Sliding
  • ResoLivingAreaSource: SeeRemarks

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: Canal Access
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: South
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Utilities

  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Beach Rights, Beach Access, Pool
  • Association #2 Fee: 1900.0
  • Association #2 Fee Frequency: Quarterly
  • Phone: 239-472-5020
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 25-46-22-T3-0140F.0030
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 40

Tax Info

  • Tax Annual Amount: 3182.0
  • Tax Block: 140F
  • Tax Lot: 3
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 9, 2020
Closed on
Dec 1, 2020
Sold by
Massey Robert A and Massey Elaine A
Bought by
Jan M Lucas Llc
Seller's Agent
Jeff Burns
Premier Sotheby's Int'l Realty
Buyer's Agent
Susan Andrews
List Price
$325,000
Sold Price
$310,000
Premium/Discount to List
-$15,000
-4.62%
Current Estimated Value
$426,317

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,317
Avg. Annual Appreciation
7.52%

Purchase Details

Listed on
Jan 16, 2018
Closed on
Mar 23, 2018
Sold by
Forslund Kathyrn M and Mcauley Sheila F
Bought by
Massey Robert A and Massey Elaine A
Seller's Agent
Kimberley Andrews
Crown Colony Realty, LLC
Buyer's Agent
Jeff Burns
Premier Sotheby's Int'l Realty
List Price
$277,000
Sold Price
$274,000
Premium/Discount to List
-$3,000
-1.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.64%
Original Mortgage
$219,200
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2001
Sold by
Varden James C and Varden Irene B
Bought by
Forslund Kathryn M and Mcauley Sheila F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.11%

Purchase Details

Closed on
Jul 16, 1998
Sold by
Jackson Larry J and Jackson Judith M
Bought by
Varden James C and Varden Irene B
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
Jan M Lucas Llc $310,000 Knight Barry Title Sln Inc
Massey Robert A $274,000 Superior Title Services Of S
Forslund Kathryn M $230,000 --
Varden James C $131,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Massey Robert A $219,200
Previous Owner Forslund Kathryn M $186,000
Previous Owner Forslund Kathryn M $185,000
Previous Owner Forslund Kathryn M $207,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $310,000 -4.6% $421 / Sq Ft
11/11/2020 11/11/20 Pending -- -- --
11/09/2020 11/09/20 For Sale $325,000 +18.6% $442 / Sq Ft
03/23/2018 03/23/18 Sold $274,000 -1.1% $334 / Sq Ft
02/21/2018 02/21/18 Pending -- -- --
01/16/2018 01/16/18 For Sale $277,000 -- $338 / 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 $1,060 $55,476 -- $55,476
2023 $1,060 $72,542 $0 $72,542
2022 $3,828 $252,091 $0 $0
2021 $3,275 $229,174 $0 $229,174
2020 $3,273 $226,100 $0 $226,100
2019 $3,182 $218,025 $0 $218,025
2018 $3,250 $218,025 $0 $218,025
2017 $3,256 $218,833 $0 $218,833
2016 $3,050 $203,791 $0 $203,791
2015 $2,759 $172,900 $0 $172,900
2014 $2,620 $162,600 $0 $162,600
2013 -- $172,709 $0 $172,709
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220071410

Florida Gulf Coast Multiple Listing Service

APN: 25-46-22-T3-0140F.0030