NOT LISTED FOR SALE

16205 Captiva Dr Captiva, FL 33924

Estimated Value: $5,340,000 - $8,976,215

4 Beds
5 Baths
3,891 Sq Ft
$1,893/Sq Ft Est. Value

Last Sold February 17, 2012

Last sale price $1,900,000 $488 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $45,644/month

2 Days on Market

Highlights

  • Beach View
  • Property fronts gulf or ocean
  • Access to Bay or Harbor
  • Sanibel Elementary School Rated A-
  • Private Beach
  • Screened Pool

About This Home

As of February 2012

Rare opportunity to buy a bank owned foreclosure on beautiful Captiva Island! Panoramic views of the Gulf of Mexico, fabulous Captiva sunsets, Bay access via shared dock at the rear, all await your arrival! This fully furnished home can be a great rentalor a great vacation destination for you and your family! Large, open, master suite on the third floor, with its own private balcony, office, and sitting area. Loft to the front of the home on the third floor & a guest bedroom/bath combo, too. Second flooris the main living quarters and features a large open kitchen, formal dining room, foyer, living room, two guest bedrooms, two guest bathrooms, and inside laundry. Downstairs features both garages, a storage room or three, a gaming area, another livingroom type area, and an additional restroom for the pool guests. Sliders lead out to the large patio, large pool, and spa! All this & more! ***Property was obtained through Foreclosure; Seller exempt from disclosures. Property being Sold AS IS. Seller will make no repairs. Seller and Agent make no representation or guarantees. Seller and Agent have no knowledge of any defects that would materially affect the value of the property. Buyer's Agent or Buyer must verify all info. If exact square footages and/or lot sizes are a concern, the property should be independently measured. Seller will not pay for or provide a survey. Buyers will be required to sign Seller Addendum/s. EMAIL ALL OFFERS ON FARBAR ONLY!***

Last Agent to Sell the Property

Jeremy Sposato, PA

SPOSEN REALTY & DEVELOPMENT License #3307626 Listed on: 01/03/2012

Last Buyer's Agent

Stellar Non-Member Agent

STELLAR NON-MEMBER OFFICE

STELLAR NON-MEMBER OFFICE

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $47,432

Year Built

  • Built in 1997

Lot Details

  • 1.22 Acre Lot
  • Property fronts gulf or ocean
  • Private Beach
  • Mature Landscaping
  • Landscaped with Trees
  • Property is zoned RS-2

Parking

  • 2 Car Attached Garage
  • Oversized Parking
  • Rear-Facing Garage
  • Side Facing Garage
  • Garage Door Opener

Property Views

  • Beach
  • Full Gulf or Ocean
  • Partial Bay or Harbor
  • Pool

Home Design

  • Contemporary Architecture
  • Tri-Level Property
  • Slab Foundation
  • Metal Roof
  • Siding

Interior Spaces

  • 3,891 Sq Ft Home
  • Elevator
  • Furnished
  • Tray Ceiling
  • High Ceiling
  • Ceiling Fan
  • Blinds
  • Sliding Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Den
  • Loft
  • Bonus Room
  • Game Room
  • Inside Utility

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Solid Surface Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Screened Pool
  • Saltwater Pool
  • Vinyl Pool
  • Spa
  • Fence Around Pool
  • Outdoor Shower

Outdoor Features

  • Access to Bay or Harbor
  • No Fixed Bridges
  • Balcony
  • Deck
  • Enclosed Patio or Porch
  • Exterior Lighting
  • Outdoor Storage

Location

  • Flood Zone Lot

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Frowes Subd Subdivision

Listing and Financial Details

  • Legal Lot and Block 1a + S / B
  • Assessor Parcel Number 03-46-21-01-0000B.001A

Home Details

Home Type

Single Family

Est. Annual Taxes

$47,432

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Contemporary
  • Construction Materials: Siding
  • Fireplace: Yes
  • Living Area: 3891
  • Lot Size Acres: 1.22
  • New Construction: No
  • Year Built: 1997
  • Lot Size Sq Ft: 53208
  • Status: Sold
  • Co List Office Mls Id: MFR773484
  • Co List Office Phone: 813-756-1082
  • Ownership: Fee Simple
  • ResoBuildingAreaSource: PublicRecords
  • RATIO Current Price By Calculate: 488.31
  • Total Acreage: 1 to less than 2
  • Water Access YN: 1
  • Tax Year: 2011
  • Special Features: RealEstateOwned

Interior Features

  • Fireplace Features: Living Room
  • Living Area Units: Square Feet
  • Flooring: Carpet, Ceramic Tile, Wood
  • Full Bathrooms: 5
  • Interior Amenities: Ceiling Fans(s), Elevator, High Ceilings, Solid Surface Counters, Tray Ceiling(s), Walk-In Closet(s)
  • Appliances Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • Foundation Details: Slab
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Spa Yn: Yes
  • Window Features: Blinds
  • ResoLivingAreaSource: PublicRecords
  • Additional Rooms: Bonus Room,Den/Library/Office,Foyer,Game Room,Inside Utility,Loft

Exterior Features

  • Other Structures: Storage
  • Pool Features: Heated, Salt Water, Screen Enclosure, Vinyl
  • Exterior Features: Sliding Doors, Balcony, Lighting, Outdoor Shower, Storage
  • Roof: Metal
  • Home Warranty: No
  • Pool Private: Yes
  • View: Pool, Water
  • Water Body Name: GULF OF MEXICO
  • Waterfront: Yes
  • Patio and Porch Features: Deck, Enclosed, Patio, Porch, Screened
  • Water Access: Bay/Harbor
  • Water Extras: Bridges - No Fixed Bridges
  • Water View: Beach,Gulf/Ocean - Full,Gulf/Ocean - Partial,Gulf/Ocean to Bay
  • Water View YN: 1

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Parking Features: Garage Door Opener, Garage Faces Rear, Garage Faces Side, Oversized

Utilities

  • Utilities: Cable Available
  • Cooling: Central Air
  • Heating: Central
  • Laundry Features: Inside
  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Association Fee Requirement: None

Lot Info

  • Zoning: RS-2
  • Parcel Number: 03-46-21-01-0000B.001A
  • Additional Parcels: No
  • Lot Features: FloodZone, Paved
  • Future Land Use: 120

Rental Info

  • Furnished: Furnished
  • Expected Lease Date: 2012-02-17T00:00:00.000

Tax Info

  • Tax Annual Amount: 47432
  • Tax Block: B
  • Tax Book Number: 0003/0041
  • Tax Lot: 1a + S

Multi Family

  • Waterfront Features: Beach - Private, Gulf/Ocean

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2012
Closed on
Jan 30, 2012
Sold by
Hsbc Bank Usa National Association
Bought by
16205 Captiva Drive Llc
Seller's Agent
Jeremy Sposato, PA
SPOSEN REALTY & DEVELOPMENT
Buyer's Agent
Stellar Non-Member Agent
STELLAR NON-MEMBER OFFICE
List Price
$1,900,000
Sold Price
$1,900,000
Current Estimated Value
$7,366,738

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,466,738
Avg. Annual Appreciation
10.20%

Purchase Details

Closed on
Mar 8, 2011
Sold by
Szumigata John E
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Feb 21, 2007
Sold by
Strehlow Robert and Strehlow Nancy I
Bought by
Szumigata John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,803,190
Interest Rate
8.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 15, 2000
Sold by
Robert Strehlow Robert and Robert Strrehlow Jr
Bought by
Sgtrehlow Robert
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
16205 Captiva Drive Llc $1,900,000 Landcastle Title Llc
Hsbc Bank Usa National Association $600,100 None Available
Szumigata John E $4,312,600 Executive Title Ins Svcs Inc
Sgtrehlow Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Szumigata John E $2,803,190
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/26/2015 05/26/15 Off Market $1,900,000 -- --
02/17/2012 02/17/12 Sold $1,900,000 0.0% $488 / Sq Ft
01/06/2012 01/06/12 Pending -- -- --
01/03/2012 01/03/12 For Sale $1,900,000 -- $488 / Sq Ft
Source: Stellar MLS

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 $88,678 $3,464,538 $2,504,875 $768,731
2024 $65,733 $4,308,811 -- --
2023 $65,733 $3,917,101 $0 $0
2022 $52,620 $3,561,001 $0 $0
2021 $45,810 $3,237,274 $2,142,015 $1,095,259
2020 $46,554 $3,157,315 $2,120,000 $1,037,315
2019 $47,200 $3,179,122 $2,120,000 $1,059,122
2018 $46,118 $3,082,172 $2,120,000 $962,172
2017 $47,544 $3,120,192 $2,120,000 $1,000,192
2016 $45,342 $2,942,442 $2,132,736 $809,706
2015 $50,040 $3,397,388 $2,252,469 $1,144,919
2014 -- $2,713,572 $2,570,290 $143,282
2013 -- $2,687,397 $1,000,000 $1,687,397
Source: Public Records

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Map

Source: Stellar MLS

MLS Number: T2500354

Stellar MLS

APN: 03-46-21-01-0000B.001A