NOT LISTED FOR SALE

2029 Periwinkle Way Sanibel, FL 33957

Estimated Value: $1,752,000 - $3,112,672

4 Beds
3 Baths
3,143 Sq Ft
$740/Sq Ft Est. Value

Last Sold October 09, 2018

Last sale price $1,600,000 $509 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $14,496/month

327 Days on Market

Highlights

  • 2 Car Garage
  • Lake View
  • Contemporary Architecture
  • Sanibel Elementary School Rated A-
  • Waterfront
  • Wooded Lot

About This Home

As of October 2018

Horses on Sanibel?!! This one of kind 6.5 acre estate on Sanibel Island has endless possibilities and is centrally located on Periwinkle Way so it is in close proximity to shops & restaurants. Private driveway, gated entrance, and lush landscaping make the home very private and very beautiful! The home is in pristine condition and was completely remodeled in 2007, including travertine flooring, custom wood cabinets, granite countertops, solid wood doors, designer closets, high-impact windows, and high ceilings throughout. For the horse lover, you will enjoy acres of land for riding, multiple fenced in areas, and run-in stalls which will give your horses the freedom that they crave. There is also a drainage pond in the center of the property and a detached garage near the back of the property for your equipment and storage. Possibility for future development.

Last Agent to Sell the Property

Dustyn Corace

MLS /SCAR License #708624 Listed on: 10/17/2017

MLS /SCAR

Last Buyer's Agent

Mary Lou Bailey

VIP Realty Sanibel and Captiva License #312308

VIP Realty Sanibel and Captiva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,263

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • Lot Dimensions are 371x697x391x614
  • Waterfront
  • Fenced
  • Wooded Lot

Parking

  • 2 Car Garage

Property Views

  • Lake
  • Garden

Home Design

  • Contemporary Architecture
  • Fiberglass Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • 3,143 Sq Ft Home
  • Ceiling Fan
  • Single Hung Wood Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Bidet
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 25-46-22-T1-00005.0020

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,263

Year Built

Built in 1972 | Remodeled

Lot Details

0

Listing Details

  • Subdivision Name: Metes And Bounds
  • Class: Residential
  • Property Type: Single Family
  • Design: Contemporary, Remodeled
  • Legal Description: BEG SW COR OF SE1/4 OF NW1 /4 TH N667 E115 N57 E285 S737 W400 TO POB
  • Strap Number: 25-46-22-T1-00005.0020
  • Subject To F I R P T A: No
  • Year Built: 1972
  • Folio Id: 10021579
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Price Per S Q F T: 509.07
  • Total Sq Ft: 4635
  • Appliances: Dishwasher, Disposal, Dryer, Refrigerator-Ice maker, Smoke Detector(s), Wall Oven Elec, Washer
  • Estimated Living Sq Ft: 3143
  • Bathrooms: 3
  • Bathrooms Display: 3/0
  • Bedrooms: 4
  • Den: No
  • Fireplace: No
  • Flooring: Carpet, Marble Floor
  • Furnished Disp: No - Unfurnished
  • Furnished: No
  • Furnishing: Unfurnished
  • Primary Bathroom: Bidet, Dbl Sinks, Sep. Shower, Sep. Tub
  • Windows: Single Hung, Sliding

Exterior Features

  • Waterfront: Other Add Agt Note
  • Waterfront: Yes
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Stucco
  • Pool: No
  • View: Lake, Lawn/Garden
  • Roads: Paved
  • Construction Stat: Concrete Block
  • Roof: Fiberglass Shingle

Garage/Parking

  • Parking: Double Garage

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Central Air/Cooling
  • Heating: Central Heat

Condo/Co-op/Association

  • Association Management: xxx
  • Management Company Phone: xxx
  • HOA: No

Lot Info

  • Geo Update Timestamp: 2019-07-16
  • Geo Address Line: 2029 Periwinkle Way
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Size: 371x697x391x614
  • Lot Sq Ft Source: Leepa
  • Lot Features: Fenced, Wooded

Tax Info

  • Tax Amount: 9263
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2017
Closed on
Oct 9, 2018
Sold by
Churchill John and Churchill Robin
Bought by
Alban David H and The David H Alban Living Trust
Seller's Agent
Dustyn Corace
MLS /SCAR
Buyer's Agent
Mary Lou Bailey
VIP Realty Sanibel and Captiva
List Price
$1,999,901
Sold Price
$1,600,000
Premium/Discount to List
-$399,901
-20%
Current Estimated Value
$2,326,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$726,418
Avg. Annual Appreciation
5.49%

Purchase Details

Closed on
May 12, 2003
Sold by
Bauer Lawrence F and Bauer Sharon A
Bought by
Churchill John and Churchill Robin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.76%

Purchase Details

Closed on
May 13, 1997
Sold by
Klostermeyer Frederick H and Klostermeyer Jeannette C
Bought by
Bauer Lawrence F and Bauer Sharon A

Purchase Details

Closed on
Oct 30, 1995
Sold by
Balke Harry A and Balke Marian
Bought by
Klostermeyer Jeannette C and Klostermeyer Frederick H

Purchase Details

Closed on
Oct 6, 1995
Sold by
Pntr C N C
Bought by
Balke Harry A and Cipriani Jimmy

Purchase Details

Closed on
Jun 16, 1993
Sold by
Cipriani Jimmy and Cipriani Jimmie
Bought by
Cipriani Jimmy
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
Alban David H $1,600,000 Superior Title Svcs Of Sanib
Churchill John $750,000 --
Bauer Lawrence F $325,000 --
Klostermeyer Jeannette C -- --
Klostermeyer Jeannette C -- --
Balke Harry A -- --
Cipriani Jimmy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Churchill John $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/09/2018 10/09/18 Sold $1,600,000 0.0% $509 / Sq Ft View Prior Sale
10/09/2018 10/09/18 Sold $1,600,000 -20.0% $509 / Sq Ft
09/09/2018 09/09/18 Pending -- -- --
09/09/2018 09/09/18 Pending -- -- --
10/17/2017 10/17/17 For Sale $1,999,901 0.0% $636 / Sq Ft
06/22/2017 06/22/17 For Sale $1,999,901 -- $636 / 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 $25,948 $1,335,427 $1,335,417 $10
2024 $17,142 $1,281,085 -- --
2023 $17,142 $1,164,623 $1,164,613 $10
2022 $23,510 $1,523,747 $0 $0
2021 $12,612 $861,601 $352,000 $509,601
2020 $12,186 $822,001 $352,000 $470,001
2019 $12,543 $841,417 $352,000 $489,417
2018 $9,301 $640,218 $0 $0
2017 $9,304 $627,050 $0 $0
2016 $9,263 $676,983 $352,000 $324,983
2015 $9,436 $627,600 $352,000 $275,600
2014 $9,450 $636,301 $414,000 $222,301
2013 -- $596,102 $373,500 $222,602
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2170947

Sanibel & Captiva Islands Association of REALTORS®

APN: 25-46-22-T1-00005.0020