NOT LISTED FOR SALE

3215 W Gulf Dr Unit A302 Sanibel, FL 33957

Estimated Value: $1,266,118 - $1,674,000

3 Beds
2.5 Baths
2,358 Sq Ft
$967/mo HOA Fee

Last Sold April 03, 2017

Last sale price $1,850,000 $785 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $8,827/month

221 Days on Market

Highlights

  • Property fronts gulf or ocean
  • Penthouse
  • Furnished
  • Sanibel Elementary School Rated A-
  • Hydromassage or Jetted Bathtub
  • Community Pool

About This Home

As of April 2017

West Is Best... Don't miss this rare opportunity to own the top floor west corner 3 bedroom/2.5 bath penthouse at Somerset At The Reef. Enjoy sweeping direct gulf views from nearly every room. This gorgeous condo offers a large open kitchen with breakfast bar, spacious living room with expansive water/beach views, nice gulf front master suite with dual vanities, jetted tub and separate shower. The glass enclosed lanai and expansive bank of side windows draw in tons of natural light. The gorgeous sunsets are unrivaled due to the positioning of A building which extends out front of the neighboring condos. Top floor unobstructed west facing units are rarely available so make your appointment for a private showing today. Somerset At The Reef is a gorgeous low density complex of only 30 units surrounded by lush landscaping, community pool, tennis, under building parking and private storage.

Last Agent to Sell the Property

Jason Lomano

Royal Shell Real Estate, Inc. License #280500233 Listed on: 07/25/2016

Royal Shell Real Estate, Inc.

Co-Listed By

John Nicholson

Royal Shell Real Estate, Inc. License #280500067

Last Buyer's Agent

Kasey Albright

Berkshire Hathaway Florida License #280595799

Berkshire Hathaway Florida

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,605

Year Built

  • Built in 1987

Lot Details

  • Property fronts gulf or ocean
  • South Facing Home

HOA Fees

  • $967 Monthly HOA Fees

Home Design

  • Penthouse
  • Entry on the 3rd floor
  • Aluminum Siding
  • Stucco

Interior Spaces

  • 2,358 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Sliding Windows
  • Combination Dining and Living Room
  • Gulf Views
  • Home Security System

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Glass Enclosed
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 302 / 30A
  • Assessor Parcel Number 34-46-22-T1-0030A.3020

Community Details

Overview

  • 30 Units
  • Association Phone (239) 437-0340
  • Low-Rise Condominium
  • Somerset At The Reef Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Additional Features

  • Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,605

Year Built

Built in 1987

Lot Details

0

HOA Fees

$967 per month

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.11
  • Co List Office Mls Id: PREFP
  • Co List Office Phone: (239) 472-0078
  • Ownership: Condo
  • Subdivision Name: SOMERSET AT THE REEF
  • Directions: Head west on Periwinkle Way toward Donax Street. Turn left onto Casa Ybel Road. Continue onto West Gulf Drive. The property will be on the left.
  • Architectural Style: Other, Penthouse, Low Rise
  • Carport Y N: No
  • Entry Level: 3
  • Garage Yn: No
  • Year Built: 1987
  • ResoBuildingAreaSource: SeeRemarks
  • Property Sub Type Additional: Condominium
  • Special Features: None

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Bathtub, Dual Sinks, Jetted Tub, Living/Dining Room, Pantry, Separate Shower
  • Living Area: 2358.0
  • Stories: 3
  • Window Features: Sliding
  • ResoLivingAreaSource: SeeRemarks

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Aluminum Siding, Block, Concrete, Stucco
  • Direction Faces: South
  • Exterior Features: Storage, See Remarks, Tennis Court(s)
  • Patio And Porch Features: Glass Enclosed, Porch
  • Property Condition: Resale
  • Roof: See Remarks

Utilities

  • Laundry Features: Inside
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Elevator, Tennis Court(s)
  • Amenities: Pool, Tennis Court(s)
  • Association #2 Fee: 2900.0
  • Association #2 Fee Frequency: Quarterly
  • Phone: 239-437-0340
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Parcel #: 34-46-22-T1-0030A.3020
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 30

Tax Info

  • Tax Annual Amount: 18605.0
  • Tax Block: 30A
  • Tax Lot: 302
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 25, 2016
Closed on
Apr 3, 2017
Sold by
Hyner Mark and Hyner Robert
Bought by
Schare Marc
Seller's Agent
Jason Lomano
Royal Shell Real Estate, Inc.
Buyer's Agent
Kasey Albright
Berkshire Hathaway Florida
List Price
$1,951,000
Sold Price
$1,850,000
Premium/Discount to List
-$101,000
-5.18%
Current Estimated Value
$1,440,039

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$409,961
Avg. Annual Appreciation
-2.88%
Original Mortgage
$1,000,000
Outstanding Balance
$831,009
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$609,030
Source: Public Records

Range of Values:

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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
Schare Marc $1,850,000 Reality Ttile Serivces Of Sa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schare Marc $1,000,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/03/2017 04/03/17 Sold $1,850,000 -5.2% $785 / Sq Ft
03/04/2017 03/04/17 Pending -- -- --
07/25/2016 07/25/16 For Sale $1,951,000 -- $827 / 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 $20,548 $1,594,813 $0 $1,594,813
2016 $19,275 $1,475,623 $0 $1,475,623
2015 $18,605 $1,418,100 $0 $1,418,100
2014 $15,776 $1,107,800 $0 $1,107,800
2013 -- $851,700 $0 $851,700
Source: Public Records

Agents Affiliated with this Home

  • Jason Lomano

    Seller's Agent in 2017

    Jason Lomano

    Royal Shell Real Estate, Inc.

    (239) 470-8628

    13 in this area

    55 Total Sales

    Jason Lomano
    Section Image

  • J

    Seller Co-Listing Agent in 2017

    John Nicholson

    Royal Shell Real Estate, Inc.

    (239) 849-3250

    29 in this area

    58 Total Sales

    John Nicholson
    Section Image

  • K

    Buyer's Agent in 2017

    Kasey Albright

    Berkshire Hathaway Florida

    Section Image
See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216047202

Florida Gulf Coast Multiple Listing Service

APN: 34-46-22-T1-0030A.3020

Florida Lee County Sanibel 33957

3215 W Gulf Dr Unit A302, Sanibel, FL

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