NOT LISTED FOR SALE

3215 W Gulf Dr Unit B101 Sanibel, FL 33957

Estimated Value: $1,234,000 - $1,643,000

3 Beds
3.5 Baths
2,023 Sq Ft
$1,483/mo HOA Fee

Last Sold July 05, 2024

Last sale price $1,725,000 $853 Per Sq Ft

Est. 15% decrease in value since last sale

Current estimated payment $9,471/month

102 Days on Market

Highlights

  • Beach Front
  • Outdoor Pool
  • Lanai
  • Sanibel Elementary School Rated A-
  • Gulf View
  • Tennis Courts

About This Home

As of July 2024

Experience the rare opportunity to own a coveted Somerset Condominium! Nestled within the prestigious "B" Building, one of only two Gulf Front structures, this residence offers unparalleled direct Gulf views. Ideally situated along West Gulf Drive, enjoy the convenience of a prime location coupled with the tranquility of low-density living. Spanning over 2300 square feet, this exquisite 3-bedroom, 3-bathroom condo boasts spacious bedrooms, enclosed lanais, and covered parking for your convenience. Ground-level storage ensures ample space for your belongings, while the Gulf Front pool, tennis courts, and pickleball provide endless opportunities for recreation. With an on-site manager, guest parking, and a welcoming neighborly atmosphere, Somerset epitomizes coastal living at its finest. The property is equipped with impact-resistant sliders and windows, ensuring peace of mind during inclement weather. Act swiftly, as the last Somerset offering was under contract in just 16 days! Don't miss out on this exceptional opportunity—schedule your viewing today!

Last Agent to Sell the Property

James Hall

VIP Realty Sanibel and Captiva License #551962 Listed on: 01/24/2024

VIP Realty Sanibel and Captiva

Last Buyer's Agent

Cindy Sitton

Royal Shell Real Estate, Inc. License #0697749

Royal Shell Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,774

Year Built

  • Built in 1987

Lot Details

  • Beach Front
  • Property fronts gulf or ocean

HOA Fees

  • $1,483 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Poured Concrete

Interior Spaces

  • 2,023 Sq Ft Home
  • Family Room
  • Living Room
  • Den
  • Gulf Views

Bedrooms and Bathrooms

  • 3 Bedrooms

Parking

  • Tuck Under Parking
  • Covered Parking
  • Assigned Parking

Outdoor Features

  • Outdoor Pool
  • Lanai

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments

Listing and Financial Details

  • $75 Application Fee
  • Assessor Parcel Number 34-46-22-T1-0030B.1010

Community Details

Overview

  • Association fees include cable TV, exter pest control, insurance bldg, internet, legal and accounting, sewer, trash, water
  • Somerset Association, Phone Number (239) 437-0340
  • Somerset At The Reef Community

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Tennis Courts
  • Pickleball Courts
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,774

Year Built

Built in 1987

Lot Details

0

HOA Fees

$1,483 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Design: See Remarks
  • Legal Description: SOMERSET AT THE REEF OR 1933 PG 1705 UNIT B-101
  • Strap Number: 34-46-22-T1-0030B.1010
  • Subject To F I R P T A: No
  • Year Built: 1987
  • Level: 1
  • Pets: Allowed
  • Folio Id: 10023793
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 852.69
  • Appliances: Other Add Agt Note
  • Estimated Living Sq Ft: 2023
  • Bathrooms: 3
  • Bathrooms Display: 3/1
  • Bedrooms: 3
  • Ceiling: Other Add Agt Note
  • Den: Yes
  • Fireplace: No
  • Flooring: Other Add Agt Note
  • Furnished: No
  • Furnishing: Unfurnished
  • Half Bathrooms: 1

Exterior Features

  • Misc Exterior: Poured Concrete
  • Waterfront: Beach, Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1991
  • Pool: Yes
  • View: Direct Gulf

Garage/Parking

  • Parking: Assigned, Covered, Under Bldg

Utilities

  • Sewer: Assessment Paid
  • Water: Assessment Paid
  • Air Conditioner: Yes
  • Cooling: Central Air/Cooling
  • Heating: Central Heat
  • Security: Other Add Agt Note

Condo/Co-op/Association

  • Association Fees Disp: Y - $4450/Q
  • Association Fee: 4450
  • Association Fee Period: Quarterly
  • Association Right Of Refusal: No
  • Association Management: Somerset
  • Management Company Phone: 239-437-0340
  • Condo Amenities: Elevator, Pickleball, Pool, Separate Storage, Tennis Court(s)
  • Condo Name: Somerset At The Reef
  • Fees Include: Cable TV, Exter Pest Control, Insurance Bldg, Internet, Legal and Accounting, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $/
  • Members Right Of Refusal: No

Lot Info

  • Geo Update Timestamp: 2024-01-24
  • Geo Address Line: 3215 W Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16

Rental Info

  • Application Fee: 75
  • Rent Type: Monthly

Tax Info

  • Tax Amount: 21774
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Jul 10, 2024
Sold by
Horbaczewski Henry and Horbaczewski Ann Marie
Bought by
Congdon Keith and Congdon Deborah
Seller's Agent
James Hall
VIP Realty Sanibel and Captiva
Buyer's Agent
Cindy Sitton
Royal Shell Real Estate, Inc.
List Price
$1,995,000
Sold Price
$1,725,000
Premium/Discount to List
-$270,000
-13.53%
Views
42
Current Estimated Value
$1,473,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$251,484
Avg. Annual Appreciation
-11.25%
Original Mortgage
$1,400,000
Outstanding Balance
$1,383,398
Interest Rate
6.99%
Mortgage Type
Construction
Estimated Equity
$90,118

Purchase Details

Closed on
Jan 25, 2021
Sold by
Horbaczewski Stephanie A
Bought by
Horbaczewski Henry and Horbaczewski Ann Marie

Purchase Details

Listed on
Nov 24, 2014
Closed on
May 5, 2015
Sold by
Revocabl Wiesemann Ii Robert O
Bought by
Horbaczewski Stephanie A
Seller's Agent
Susan Andrews
SanibelSusan Realty Associates
Buyer's Agent
Heather Pierce
Pfeifer Realty Group LLC
List Price
$2,200,000
Sold Price
$2,025,000
Premium/Discount to List
-$175,000
-7.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.99%
Original Mortgage
$1,417,500
Interest Rate
3.3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 13, 2013
Sold by
Wiesemann Robert O
Bought by
Revocabl Wiesemann Ii Robert O and Robert O Wiesemann Ii Revocable Living T

Purchase Details

Closed on
Oct 20, 2009
Sold by
Wiesemann Kathy Ann
Bought by
Wiesemann Kathy A and Kathy Ann Wiesemann Revocable Living Tru

Purchase Details

Closed on
Nov 8, 2004
Sold by
Marks James G and Marks Roslyn W
Bought by
Wiesemann Kathy Ann
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
Congdon Keith $1,725,000 Title Group Services
Horbaczewski Henry $1,825,000 Fidelity National Title
Horbaczewski Stephanie A $2,025,000 Barrier Island Title Service
Revocabl Wiesemann Ii Robert O -- Attorney
Wiesemann Robert O -- Attorney
Wiesemann Kathy A -- Attorney
Wiesemann Kathy A -- Attorney
Wiesemann Kathy Ann $1,600,000 Barrier Island Title Service
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Congdon Keith $1,400,000
Previous Owner Horbaczewski Stephanie A $1,417,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/05/2024 07/05/24 Sold $1,725,000 -9.0% $853 / Sq Ft
05/05/2024 05/05/24 Pending -- -- --
04/15/2024 04/15/24 Price Changed $1,895,000 -2.8% $937 / Sq Ft
03/25/2024 03/25/24 Price Changed $1,950,000 -2.3% $964 / Sq Ft
01/24/2024 01/24/24 For Sale $1,995,000 -1.5% $986 / Sq Ft
05/05/2015 05/05/15 Sold $2,025,000 -8.0% $858 / Sq Ft View Prior Sale
04/05/2015 04/05/15 Pending -- -- --
11/24/2014 11/24/14 For Sale $2,200,000 -- $932 / 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 $3,297 $272,405 -- $272,405
2024 $3,297 $272,405 -- $272,405
2023 $4,946 $383,485 $0 $383,485
2022 $21,774 $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 $17,428 $1,300,200 $0 $1,300,200
2014 $14,648 $994,900 $0 $994,900
2013 -- $763,100 $0 $763,100
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2024

    James Hall

    VIP Realty Sanibel and Captiva

    Section Image
  • Cindy Sitton

    Buyer's Agent in 2024

    Cindy Sitton

    Royal Shell Real Estate, Inc.

    (239) 810-4772

    45 in this area

    55 Total Sales

    Cindy Sitton
    Section Image
  • Susan Andrews

    Seller's Agent in 2015

    Susan Andrews

    SanibelSusan Realty Associates

    (239) 565-3128

    50 in this area

    52 Total Sales

    Susan Andrews
    Section Image

  • H

    Buyer's Agent in 2015

    Heather Pierce

    Pfeifer Realty Group LLC

See All Agents

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2240096

Sanibel & Captiva Islands Association of REALTORS®

APN: 34-46-22-T1-0030B.1010

Florida Lee County Sanibel 33957

3215 W Gulf Dr Unit B101, Sanibel, FL

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