NOT LISTED FOR SALE

3215 W Gulf Dr Unit A301 Sanibel, FL 33957

Estimated Value: $1,305,774 - $1,674,000

3 Beds
2.5 Baths
2,360 Sq Ft
4,835 Sq Ft Lot

Last Sold June 02, 2022

Last sale price $3,000,000 $1,271 Per Sq Ft

Current estimated payment $7,930/month

47 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Wood Flooring
  • Sanibel Elementary School Rated A-
  • Penthouse
  • Furnished

About This Home

As of June 2022

SPECTACULAR SOMERSET!! A rare opportunity to own a penthouse condo in one of Sanibel’s prestigious, low-density, communities off West Gulf Drive. Step inside and witness a remarkable corner unit with mesmerizing gulf views and offerings unlike anywhere; this 3 bedroom, 2.5 bathroom condo with over 2300 living sq ft boasts hardwood flooring, top floor sunset views, large bedrooms with walk-in closets, and an enclosed patio with sliding doors for indoor/outdoor living. Third bedroom used as a den/office. The kitchen features stainless steel appliances, custom cabinetry, granite countertops, tile flooring, an oversized sink, and a Viking stovetop. Through out, soft radius curves offer a subtle sense of balance and harmony. This condo also includes your own personal covered parking spot, ground floor storage, and separate stairway. Somerset at the Reef offers a gulf-front pool deck, tennis courts, pickleball, on site manager, covered and open guest parking, elevators, grills and more! Understated masterful designed mid-island complex, do not miss out on Sanibel’s gulf-front finest!!!

Last Agent to Sell the Property

LeAne Suarez

John R. Wood Properties License #280500238 Listed on: 04/15/2022

John R. Wood Properties

Co-Listed By

Aleczander Suarez

John R. Wood Properties License #280597048

Last Buyer's Agent

Jeffrey Burns

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,420

Year Built

  • Built in 1987

Lot Details

  • Property fronts gulf or ocean
  • East Facing Home

Home Design

  • Penthouse
  • Entry on the 3rd floor
  • Metal Roof
  • Stucco

Interior Spaces

  • 2,360 Sq Ft Home
  • 3-Story Property
  • Custom Mirrors
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Gulf Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 301 / 30A
  • Assessor Parcel Number 34-46-22-T1-0030A.3010

Community Details

Overview

  • No Home Owners Association
  • Association fees include management, insurance, legal/accounting, ground maintenance, pest control, recreation facilities, water
  • 30 Units
  • Association Phone (239) 437-0340
  • Low-Rise Condominium
  • Somerset At The Reef Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Community Beach Access
  • Tennis Courts
  • Pickleball Courts
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,420

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Co List Office Mls Id: JRWIS2
  • Co List Office Phone: (239) 472-2411
  • Ownership: Condo
  • Subdivision Name: SOMERSET AT THE REEF
  • Architectural Style: Penthouse, Low Rise
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1987
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Bar, Built-in Features, Dual Sinks, Entrance Foyer, High Speed Internet, Living/Dining Room, Custom Mirrors, Shower Only, Separate Shower, Walk-In Closet(s), Split Bedrooms
  • Living Area: 2360.0
  • Stories: 3
  • Window Features: Single Hung, Sliding

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Disclosures: RV Restriction(s)
  • Construction Type: Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Tennis Court(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Utilities

  • Laundry Features: Inside
  • Security: Security System, Smoke Detector(s)
  • 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: Elevator, Non-Gated
  • Amenities: Beach Rights, Beach Access, Bike Storage, Barbecue, Picnic Area, Pickleball, Pool, Storage, Tennis Court(s)
  • Phone: 239-437-0340
  • Association: No
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, See Remarks, Water

Lot Info

  • Parcel #: 34-46-22-T1-0030A.3010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 30

Tax Info

  • Tax Annual Amount: 21420.0
  • Tax Block: 30A
  • Tax Lot: 301
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2022
Closed on
Jun 2, 2022
Sold by
Conklin and Dana
Bought by
Marya M Rose Revocable Trust
Seller's Agent
LeAne Suarez
John R. Wood Properties
Buyer's Agent
Jeffrey Burns
List Price
$3,465,000
Sold Price
$3,000,000
Premium/Discount to List
-$465,000
-13.42%
Current Estimated Value
$1,453,258

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,546,742
Avg. Annual Appreciation
-19.15%

Purchase Details

Listed on
Jan 13, 2014
Closed on
Apr 15, 2014
Sold by
Terry Mary E
Bought by
Conklin Ronald and Conklin Dana
Seller's Agent
Linda Naton
Michael Saunders & Company
Buyer's Agent
Judith Reddington
VIP Realty Sanibel and Captiva
List Price
$1,899,000
Sold Price
$1,750,000
Premium/Discount to List
-$149,000
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.85%

Purchase Details

Closed on
Apr 1, 1999
Sold by
Allen Jeanine A
Bought by
Terry Mary E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$724,800
Interest Rate
6.85%
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
Marya M Rose Revocable Trust $3,000,000 Roetzel & Andress Lpa
Conklin Ronald $1,750,000 Attorney
Terry Mary E $906,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Terry Mary E $724,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/02/2022 06/02/22 Sold $3,000,000 -13.4% $1,271 / Sq Ft
06/02/2022 06/02/22 Pending -- -- --
04/15/2022 04/15/22 For Sale $3,465,000 +98.0% $1,468 / Sq Ft
04/15/2014 04/15/14 Sold $1,750,000 -7.8% $742 / Sq Ft View Prior Sale
03/16/2014 03/16/14 Pending -- -- --
01/13/2014 01/13/14 For Sale $1,899,000 -- $805 / 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
2025 $3,872 $272,405 -- $272,405
2024 $5,529 $272,405 -- $272,405
2023 $5,529 $383,485 $0 $383,485
2022 $22,243 $1,628,838 $0 $1,628,838
2021 $21,420 $1,505,227 $0 $1,505,227
2020 $22,597 $1,567,358 $0 $1,567,358
2019 $21,922 $1,508,410 $0 $1,508,410
2018 $22,416 $1,510,025 $0 $1,510,025
2017 $24,229 $1,594,813 $0 $1,594,813
2016 $22,826 $1,475,623 $0 $1,475,623
2015 $22,543 $1,418,100 $0 $1,418,100
2014 -- $1,107,800 $0 $1,107,800
2013 -- $851,700 $0 $851,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222028537

Florida Gulf Coast Multiple Listing Service

APN: 34-46-22-T1-0030A.3010