NOT LISTED FOR SALE

3135 W Gulf Dr Unit 204 Sanibel, FL 33957

Estimated Value: $1,858,000 - $2,390,357

3 Beds
3.5 Baths
2,837 Sq Ft
$1,600/mo HOA Fee

Last Sold September 22, 2023

Last sale price $2,900,000 $1,022 Per Sq Ft

Est. 26% decrease in value since last sale

Current estimated payment $13,296/month

43 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Outdoor Pool
  • Den
  • Sanibel Elementary School Rated A-
  • 2 Car Garage
  • Tray Ceiling

About This Home

As of September 2023

Highly sought after 3 bedroom 3.5 bath unit at Wedgewood in building 2 on the west side with phenomenal views down the beach and over the horizon. Rarely to the market, this exceptional offering affords a spacious floor plan and an expansive 385sqft screened lanai. The association is bringing the unit back to a white box with a tentative completion date of September 15th 2023. The condo was completely remodelled in 2016 and some of the bathroom elements are still intact post storm. The association is also replacing the air conditioning system, hot water heater, windows and sliding glass doors with impact resistant glass, as well as new hurricane shutters for the lanai. This is a unique opportunity to acquire such a gem.

Last Agent to Sell the Property

Phaidra McDermott

Kingfisher Real Estate Inc. License #676199 Listed on: 05/16/2023

Last Buyer's Agent

Michael McMurray

Royal Shell Real Estate, Inc. License #587669

Royal Shell Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $26,520

Year Built

  • Built in 1994

Lot Details

  • 6,534

HOA Fees

  • $1,600 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 2nd floor
  • Poured Concrete
  • Piling Construction
  • Stucco

Interior Spaces

  • 2,837 Sq Ft Home
  • Tray Ceiling
  • Ceiling height of 10 feet or more
  • Combination Dining and Living Room
  • Den
  • Tile Flooring
  • Gulf Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Home Security

Additional Features

  • Outdoor Pool
  • Property fronts gulf or ocean
  • Central Heating and Cooling System

Listing and Financial Details

  • $75 Application Fee
  • Assessor Parcel Number 34-46-22-T1-00702.2040

Community Details

Overview

  • Association fees include insurance bldg, inter pest control, landscape/lawn, legal and accounting, manager, sewer, trash, water
  • Suitor And Associates Association, Phone Number (239) 437-0340
  • Wedgewood Of Sanibel Community

Recreation

  • Community Pool
  • Community Whirlpool Spa

Pet Policy

  • Limit on the number of pets

Security

  • Secure Elevator
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$26,520

Year Built

Built in 1994

Lot Details

0

HOA Fees

$1,600 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Design: Great Room, Split Bedrooms
  • Legal Description: WEDGEWOOD OF SANIBEL CONDO OR 2502 PG 2347 BLDG 2 UNIT 204
  • Strap Number: 34-46-22-T1-00702.2040
  • Subject To F I R P T A: No
  • Year Built: 1994
  • Level: 2
  • Pet Limits: owners only
  • Pets: Limits
  • Folio Id: 10023868
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 1022.21
  • Appliances: See Remarks
  • Estimated Living Sq Ft: 2837
  • Bathrooms: 3
  • Bathrooms Display: 3/1
  • Bedrooms: 3
  • Ceiling: 8 Ft Ceilings, 10+ Ft Ceilings, Tray Ceiling
  • Den: Yes
  • Fireplace: No
  • Floor: 2
  • Flooring: Tile Floor, Other Add Agt Note
  • Furnished: No
  • Furnishing: Unfurnished
  • Half Bathrooms: 1
  • Primary Bathroom: Dbl Sinks, Sep. Shower, Sep. Tub
  • Master Bedroom: Porch, 2 Walk-In Closets
  • Windows: Impact Resistant Windows

Exterior Features

  • Misc Exterior: Const. Complete, Piling Concrete, Poured Concrete
  • Waterfront: Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1991
  • Ext Fin Trim: Aluminum/Metal, Stucco, Trim Stucco
  • Pool: Yes
  • View: Direct Gulf

Garage/Parking

  • Parking: Double Garage

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Central Air/Cooling
  • Heating: Central Heat
  • Security: Secured Elevator/Stairs

Condo/Co-op/Association

  • Association Fees Disp: Y - $4800/Q
  • Association Fee: 4800
  • Association Fee Period: Quarterly
  • Association Right Of Refusal: No
  • Association Management: Suitor and Associates
  • Management Company Phone: 239-437-0340
  • Condo Amenities: Hot Tub/Whirlpool, Pool
  • Condo Name: Wedgewood Of Sanibel
  • Fees Include: Insurance Bldg, Inter Pest Control, Landscape/Lawn, Legal and Accounting, Manager, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $/
  • Members Right Of Refusal: No

Lot Info

  • Geo Update Timestamp: 2023-05-16
  • Geo Address Line: 3135 W Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16

Rental Info

  • Application Fee: 75
  • Application Required: Yes
  • Rent Type: Monthly

Tax Info

  • Tax Amount: 26520
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2023
Closed on
Sep 13, 2023
Sold by
Christensen Gustav A and Christensen Vibeke
Bought by
Dos Fl Realty Llc
Seller's Agent
Phaidra McDermott
Kingfisher Real Estate Inc.
Buyer's Agent
Michael McMurray
Royal Shell Real Estate, Inc.
List Price
$2,998,000
Sold Price
$2,900,000
Premium/Discount to List
-$98,000
-3.27%
Views
71
Current Estimated Value
$2,160,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$739,881
Avg. Annual Appreciation
-13.09%

Purchase Details

Listed on
Nov 20, 2014
Closed on
Feb 4, 2015
Sold by
Stendahl Curtis M and Stendahl Joyce P
Bought by
Christensen Gustav A and Christensen Vibeke
Seller's Agent
Charles Sobczak
Michael Saunders & Company
Buyer's Agent
David Schuldenfrei
Gopher Enterprises of Sanibel & Captiva Islands Corp
List Price
$222,555
Sold Price
$2,062,500
Premium/Discount to List
$1,839,945
826.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.02%
Original Mortgage
$1,000,000
Interest Rate
2.9%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 1994
Sold by
Wedgewood Sanibel Dev Corp
Bought by
Stendahl Curtis M and Stendahl Joyce P
Source: Public Records

Range of Values:

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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
Dos Fl Realty Llc $2,900,000 None Listed On Document
Christensen Gustav A $2,062,500 Attorney
Stendahl Curtis M $880,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Christensen Gustav A $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/22/2023 09/22/23 Sold $2,900,000 -3.3% $1,022 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
05/16/2023 05/16/23 For Sale $2,998,000 +45.4% $1,057 / Sq Ft
02/04/2015 02/04/15 Sold $2,062,500 +826.7% $727 / Sq Ft View Prior Sale
12/06/2014 12/06/14 Pending -- -- --
11/20/2014 11/20/14 For Sale $222,555 -- $78 / 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 $4,685 $329,877 -- $329,877
2024 $6,691 $329,877 -- $329,877
2023 $6,691 $464,380 $0 $464,380
2022 $27,626 $1,882,376 $0 $0
2021 $24,349 $1,711,251 $0 $1,711,251
2020 $25,692 $1,782,153 $0 $1,782,153
2019 $24,913 $1,714,323 $0 $1,714,323
2018 $25,459 $1,715,130 $0 $1,715,130
2017 $26,203 $1,724,820 $0 $1,724,820
2016 $25,238 $1,631,634 $0 $1,631,634
2015 $16,778 $1,560,000 $0 $1,560,000
2014 -- $1,426,100 $0 $1,426,100
2013 -- $1,509,700 $0 $1,509,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2230579

Sanibel & Captiva Islands Association of REALTORS®

APN: 34-46-22-T1-00702.2040