NOT LISTED FOR SALE

Kings Crown Condos 2721 W Gulf Dr Unit 218 Sanibel, FL 33957

Estimated Value: $493,750 - $1,030,000

3 Beds
2 Baths
1,522 Sq Ft
$733/mo HOA Fee

Last Sold March 04, 2014

Last sale price $1,070,000 $703 Per Sq Ft

Est. 34% decrease in value since last sale

Current estimated payment $4,773/month

36 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Florida Architecture
  • Sanibel Elementary School Rated A-
  • In Ground Pool
  • Furnished

About This Home

As of March 2014

Prime Beach front 3 bedroom 2 bathroom condominium. You are welcomed with floor to ceiling windows emphasizing an unobstructed view of the Gulf of Mexico. This private Western corner unit provides a glassed in lanai for the convenience of year round use. Spacious floor plan with open kitchen and dining. Offered completely furnished. The view from this condo is the best on the Island. The lanai is on the West corner, however the front picture window provide a solid view without looking through lanai. Simply incredible. The kitchen has a door that leads to the lanai. Both guest bedrooms provide a great Western beach view. Located within Kings Crown providing a tropical beachfront paradise on the Gulf of Mexico which is famous for white sand beach, incredible shelling and amazing sunsets. A mid-size complex, 54 units with under building parking, pool, tennis, picnic area, large exterior storage and on-site manager complete this spectacular beach retreat.

Last Agent to Sell the Property

Jennifer Berry

Royal Shell Real Estate, Inc. License #280595651 Listed on: 12/28/2013

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Jennifer Berry

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,573

Year Built

  • Built in 1975

Lot Details

  • Property fronts gulf or ocean
  • North Facing Home

HOA Fees

  • $733 Monthly HOA Fees

Home Design

  • Florida Architecture
  • Rolled or Hot Mop Roof
  • Stucco

Interior Spaces

  • 1,522 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Single Hung Windows
  • Display Windows
  • Sliding Windows
  • Open Floorplan

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Courtyard
  • Glass Enclosed
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Assessor Parcel Number 354622T1002182180

Community Details

Overview

  • Association fees include management, cable TV, insurance, internet, legal/accounting, ground maintenance, recreation facilities
  • 54 Units
  • Association Phone (239) 472-5020
  • Low-Rise Condominium
  • Kings Crown Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,573

Year Built

Built in 1975

Lot Details

0

HOA Fees

$733 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: Kings Crown Condo
  • Directions: From Causeway (R) onto Periwinkle Way (L) on Tarpon Bay Road (R) West Gulf Drive. Kings Crown is located on beach side (L). Upon entering complex unit is in right side building. One parking spot under building. Guest is (L) upon complex entrance.
  • Architectural Style: Florida, Other, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Year Built: 1975
  • ResoBuildingAreaSource: Appraiser
  • 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: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Family/Dining Room, Living/Dining Room, Shower Only, Separate Shower, Walk-In Closet(s), High Speed Internet
  • Living Area: 1522.0
  • Stories: 3
  • Window Features: Display Window(s), Single Hung, Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: In Ground, Community
  • Pool Private: Yes
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Courtyard, Storage, Tennis Court(s)
  • Patio And Porch Features: Glass Enclosed, Porch, Screened
  • Property Condition: Resale
  • Roof: Rolled/Hot Mop

Garage/Parking

  • Parking Features: Assigned, Underground, Paved, One Space

Utilities

  • Laundry Features: Inside
  • Security: None
  • 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: Condo Hotel Community, Elevator, Tennis Court(s)
  • Amenities: Beach Access, Barbecue, Picnic Area, Pool, Tennis Court(s)
  • Association #2 Fee: 2200.0
  • Association #2 Fee Frequency: Quarterly
  • Phone: (239) 472-5020
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Insurance, Internet, Legal/Accounting, Maintenance Grounds, Recreation Facilities

Lot Info

  • Parcel #: 354622T1002182180
  • Zoning Description: Condominium
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 54

Tax Info

  • Tax Annual Amount: 9573.0
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2013
Closed on
Mar 4, 2014
Sold by
Drewes Warren J and Drewes Sandra S
Bought by
Sanibel Crown Beach Llc
Seller's Agent
Jennifer Berry
Royal Shell Real Estate, Inc.
Buyer's Agent
Jennifer Berry
List Price
$1,250,000
Sold Price
$1,070,000
Premium/Discount to List
-$180,000
-14.4%
Current Estimated Value
$704,688

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$365,312
Avg. Annual Appreciation
-1.38%

Purchase Details

Closed on
Oct 19, 2011
Sold by
Sewerd Vacation Llc
Bought by
Drewes Warren J and Drewes Sandra S

Purchase Details

Closed on
Jun 13, 2011
Sold by
Drewes Warren J and Drewes Sandra S
Bought by
Sewerd Vacation Llc

Purchase Details

Closed on
Mar 14, 2003
Sold by
May Thomas C and May Linda D
Bought by
Drewes Warren J and Drewes Sandra S

Purchase Details

Closed on
Jan 18, 1994
Sold by
Wuebbold Elaine Gates and Wuebbold Walton J
Bought by
Crewes Warren J and Drewes Sandra S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.19%
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
Sanibel Crown Beach Llc $1,070,000 Assured Title Services Llc
Drewes Warren J -- Attorney
Sewerd Vacation Llc -- Attorney
Drewes Warren J $240,000 --
Crewes Warren J $460,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Crewes Warren J $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/04/2014 03/04/14 Sold $1,070,000 -14.4% $703 / Sq Ft
02/02/2014 02/02/14 Pending -- -- --
12/28/2013 12/28/13 For Sale $1,250,000 -- $821 / 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 $2,399 $112,382 -- $112,382
2023 $2,399 $165,739 $0 $165,739
2022 $14,880 $1,064,592 $0 $0
2021 $13,778 $967,811 $0 $967,811
2020 $13,790 $956,080 $0 $956,080
2019 $12,658 $870,485 $0 $870,485
2018 $12,941 $871,293 $0 $871,293
2017 $13,284 $874,523 $0 $874,523
2016 $12,290 $794,036 $0 $794,036
2015 $12,593 $791,828 $0 $791,828
2014 -- $596,400 $0 $596,400
2013 -- $559,200 $0 $559,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 201345153

Florida Gulf Coast Multiple Listing Service

APN: 35-46-22-T1-00218.2180