NOT LISTED FOR SALE

2501 Tropical Way Ct Unit 28 Sanibel, FL 33957

Estimated Value: $1,902,000 - $2,774,000

0.45 Acre
$5,152,002 Price per Acre
19,602 Sq Ft Lot

Last Sold November 06, 2020

Last sale price $658,500 $32 Per Sq Ft

Est. 245% increase in value since last sale

Current estimated payment $13,108/month

22 Days on Market

Highlights

  • Boat Ramp
  • Home fronts a canal
  • Cul-De-Sac
  • Sanibel Elementary School Rated A-
  • No HOA

About This Lot

As of November 2020

Create your Sanibel lifestyle home from start to finish by building a home to serve all your requirements on this canal parcel with direct Gulf access for sailboat or yacht. You can choose the boat dock of your choice along with lift or other accoutrements that fits your needs. With this location you are able to take a short stroll to the beach, the Village Store, or restaurants. Del Sega offers a single family home setting with no HOA fees. Feel free to take a drive by this lot and dream about the design home in which you want to spend island living at its best. Want to know more...check out this pet-friendly neighborhood and give us a call.

Last Agent to Sell the Property

Robin Humphrey

VIP Realty Sanibel and Captiva License #446939 Listed on: 08/31/2020

Co-Listed By

Martha Smith

VIP Realty Sanibel and Captiva License #3166612

Last Buyer's Agent

Joan Stokes

Timbers FL Real Estate Company LLC License #3016095

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,922

Lot Details

  • 0.45 Acre Lot
  • Lot Dimensions are 106 x 208 158 x 100
  • Home fronts a canal
  • Cul-De-Sac
  • Irregular Lot

Property Views

  • Canal Views

Utilities

  • Sewer Assessments
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 28
  • Assessor Parcel Number 11-46-21-T1-0030A.0270

Community Details

Overview

  • No Home Owners Association
  • Del Sega Subdivision

Recreation

  • Boat Ramp
  • Gulf Boat Access

Property Details

Property Type

Land

Est. Annual Taxes

$5,922

Lot Details

0

Listing Details

  • Subdivision Name: Del Sega
  • Class: Vacant Land
  • Property Type: Vacant Land
  • Legal Description: Del Sega Unit Four BLK A PB 29 PG 84 LT28+PT27+29 DESC OR 1838 PG 4457
  • Strap Number: 11-46-21-T1-0030A.0270
  • Subject To F I R P T A: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per S Q F T: 1463333.33

Exterior Features

  • Waterfront: Canal Salt
  • Coastal Construction: Behind 1974
  • View: Canal
  • Ground Cover: Pine, Weeds/Plants
  • Roads: Cul-de-Sac, Paved, Public

Utilities

  • Sewer: Assessment Unpaid, City
  • Water: Assessment Unpaid, City
  • Utilities Available: Cable Avail, Electric

Condo/Co-op/Association

  • HOA: No
  • Master Association Disp: $0/

Association/Amenities

  • Community Amenities: Comm Boat Ramp

Lot Info

  • Acres: 0.45
  • Geo Update Timestamp: 2020-08-31
  • Geo Address Line: 2501 Tropical Way Ct
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Frontage: 158
  • Lot Number: 28
  • Lot Size: 106 X 208 158 X 100
  • Lot Size Irregular: Yes
  • Lot Sq Ft: 20800
  • Zoning: single Family
  • Deed Restrictions: See Remarks
  • Lot Features: Cul-de-Sac
  • Lot Size Feature: 100ft or + Front, See Remarks
  • Soil Type: See Remarks
  • Survey Year Disp: Y-0
  • Usage: Single Family

Tax Info

  • Tax Amount: 5922
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2020
Closed on
Nov 6, 2020
Sold by
Morris Marilyn E and Marilyn E Morris Living Trust
Bought by
Olson Peter J and Mcdermott Ann M
Seller's Agent
Robin Humphrey
VIP Realty Sanibel and Captiva
Buyer's Agent
Joan Stokes
Timbers FL Real Estate Company LLC
List Price
$669,000
Sold Price
$658,500
Premium/Discount to List
-$10,500
-1.57%
Current Estimated Value
$2,269,662

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,611,162
Avg. Annual Appreciation
30.97%

Purchase Details

Closed on
Jul 18, 2008
Sold by
Morris Marilyn E
Bought by
Morris Marilyn E and Marilyn E Morris Living Trust

Purchase Details

Closed on
Mar 21, 2005
Sold by
Morris William M and Morris Marilyn E
Bought by
Morris Marilyn E

Purchase Details

Closed on
Apr 25, 1996
Sold by
Woodhams Walter B and Woodhams Mark Loring
Bought by
Morris William M and Morris Marilyn E
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
Olson Peter J $658,500 Title Group Services
Morris Marilyn E -- Attorney
Morris Marilyn E -- --
Morris William M $150,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Peter J $974,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2020 11/06/20 Sold $658,500 -5.3% $32 / Sq Ft
09/22/2020 09/22/20 Pending -- -- --
08/31/2020 08/31/20 Price Changed $695,000 +3.9% $33 / Sq Ft
08/31/2020 08/31/20 For Sale $669,000 -- $32 / 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
2024 $8,902 $1,811,843 -- --
2023 $8,902 $619,333 $619,333 $0
2022 $8,458 $594,110 $0 $0
2021 $7,680 $540,100 $540,100 $0
2020 $6,638 $524,350 $524,350 $0
2019 $6,169 $490,050 $490,050 $0
2018 $6,026 $490,050 $490,050 $0
2017 $5,567 $437,019 $437,019 $0
2016 $5,512 $445,500 $445,500 $0
2015 $5,165 $405,000 $405,000 $0
2014 -- $234,000 $234,000 $0
2013 -- $345,100 $345,100 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Robin Humphrey

    VIP Realty Sanibel and Captiva

  • M

    Seller Co-Listing Agent in 2020

    Martha Smith

    VIP Realty Sanibel and Captiva

    Section Image
  • Joan Stokes

    Buyer's Agent in 2020

    Joan Stokes

    Timbers FL Real Estate Company LLC

    (239) 560-5959

    14 in this area

    41 Total Sales

    Section Image
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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2200718

Sanibel & Captiva Islands Association of REALTORS®

APN: 11-46-21-T1-0030A.0270

Florida Lee County Sanibel 33957

2501 Tropical Way Ct Unit 28, Sanibel, FL

This home is located at 2501 Tropical Way Ct Unit 28, Sanibel, FL 33957 since 31 August 2020 and is currently estimated at $2,318,401, approximately $111 per square foot. 2501 Tropical Way Ct Unit 28 is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Sanibel & Captiva Islands Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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