NOT LISTED FOR SALE

3215 W Gulf Dr Unit E201 Sanibel, FL 33957

Estimated Value: $1,240,781 - $1,672,000

3 Beds
2.5 Baths
2,023 Sq Ft
4,835 Sq Ft Lot

Last Sold February 22, 2021

Last sale price $1,850,000 $914 Per Sq Ft

Est. 23% decrease in value since last sale

Current estimated payment $7,776/month

3 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Hydromassage or Jetted Bathtub
  • Sanibel Elementary School Rated A-
  • Gulf View
  • Furnished

About This Home

As of February 2021

C891 - Highly sought after Somerset at the Reef, ideal 3 bedroom Beach Front condo. Located on Sanibel's prestigious West Gulf Drive, this condo has so much to offer! Direct Beach Front views from several rooms, low density complex, well manicured grounds featuring a very spacious heated pool with pool deck, tennis/pickleball court, private parking under the building. Somerset shows like a dream! Completely remodeled throughout, this spacious 3 bedroom condo has an amazing layout and feels like a true beach home. Extremely well maintained, and shows like a model home. Coastal style furnishings throughout. Move in ready!

Last Agent to Sell the Property

Brooks Selby

John R. Wood Properties License #280596668 Listed on: 01/19/2021

John R. Wood Properties

Last Buyer's Agent

non-member MLS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,715

Year Built

  • Built in 1988

Lot Details

  • Beach Front
  • Property fronts gulf or ocean
  • Northeast Facing Home

Home Design

  • Entry on the 2nd floor
  • Built-Up Roof
  • Vinyl Siding
  • Stucco

Interior Spaces

  • 2,023 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Single Hung Windows
  • 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
  • Split Bedroom Floorplan
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Parking

  • 1 Attached Carport Space
  • Guest Parking

Outdoor Features

  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 201 / 30E
  • Assessor Parcel Number 34-46-22-T1-0030E.2010

Community Details

Overview

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

Amenities

  • Elevator
  • Community Storage Space

Recreation

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

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,715

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: SOMERSET AT THE REEF
  • Architectural Style: Low Rise
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Structure Type: Low Rise
  • Year Built: 1988
  • ResoBuildingAreaSource: Appraiser
  • 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, Other, Separate Shower, High Speed Internet, Split Bedrooms
  • Living Area: 2023.0
  • Stories: 3
  • Window Features: Single Hung, Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf
  • View: Yes
  • Waterfront Features: Beach Front, Gulf
  • Waterfront: Yes
  • Construction Type: Stucco, Vinyl Siding
  • Direction Faces: Northeast
  • Exterior Features: Storage, Tennis Court(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Underground, Guest, One Space, Attached Carport

Utilities

  • Security: Security System
  • 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, Tennis Court(s)
  • Amenities: Beach Rights, Beach Access, Pickleball, Pool, See Remarks, Storage, Tennis Court(s)
  • Phone: 239-437-0340
  • Association: No
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Cable TV, Insurance, Irrigation Water, Legal/Accounting, Maintenance Grounds, Pest Control, Sewer, See Remarks, Trash, Water

Lot Info

  • Parcel #: 34-46-22-T1-0030E.2010
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 30

Tax Info

  • Tax Annual Amount: 21715.0
  • Tax Block: 30E
  • Tax Lot: 201
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Feb 22, 2021
Sold by
Haught Thomas A and Kerscher Robert D
Bought by
Roush Timothy Robert and Roush Laura Elizabeth
Seller's Agent
Brooks Selby
John R. Wood Properties
Buyer's Agent
non-member MLS
List Price
$1,850,000
Sold Price
$1,850,000
Current Estimated Value
$1,432,927

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$417,073
Avg. Annual Appreciation
-5.31%

Purchase Details

Closed on
Dec 28, 2012
Sold by
Kerscher Robert D and Kerscher Barbara F
Bought by
Irrevoc Cowan R Douglas and Robert D Kerscher 2012 Irrevocable Trust

Purchase Details

Closed on
Apr 1, 2009
Sold by
Kerscher Robert D and Kerscher Barbara F
Bought by
Kerscher Barbara F and The Barbara F Kerscher Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.14%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2007
Sold by
Ferris Richard P and Ferris Connie L
Bought by
Kerscher Barbara F and Kerscher Robert D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Jun 6, 2003
Sold by
Coons Gordon R and Coons Linda K
Bought by
Ferris Richard P and Ferris Connie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.56%

Purchase Details

Closed on
Jul 30, 1998
Sold by
Gardner Lawrence J and Gardner Lynn C
Bought by
Coons Gordon R and Coons Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.94%

Purchase Details

Closed on
Jul 18, 1996
Sold by
Kolb Richard H
Bought by
Gardner Lawrence J and Gardner Lynn C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,000
Interest Rate
8.26%
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
Roush Timothy Robert $1,850,000 Superior Ttl Svcs Of Sanibel
Irrevoc Cowan R Douglas -- Attorney
Kerscher Barbara F -- Diamond Title
Kerscher Robert D -- Diamond Title Co
Kerscher Barbara F $1,575,000 Barrier Island Title Service
Ferris Richard P $1,200,000 --
Coons Gordon R $775,000 --
Gardner Lawrence J $595,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kerscher Robert D $417,000
Previous Owner Kerscher Barbara F $1,000,000
Previous Owner Ferris Richard P $500,000
Previous Owner Coons Gordon R $500,000
Previous Owner Gardner Lawrence J $476,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2021 02/22/21 Sold $1,850,000 0.0% $914 / Sq Ft
01/23/2021 01/23/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $1,850,000 -- $914 / 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 $3,297 $272,405 -- $272,405
2024 $4,946 $272,405 -- $272,405
2023 $4,946 $383,485 $0 $383,485
2022 $22,266 $1,630,559 $0 $1,630,559
2021 $21,441 $1,506,764 $0 $1,506,764
2020 $22,620 $1,568,973 $0 $1,568,973
2019 $21,563 $1,510,025 $0 $1,510,025
2018 $20,914 $1,510,833 $0 $1,510,833
2017 $20,969 $1,596,428 $0 $1,596,428
2016 $19,666 $1,478,420 $0 $1,478,420
2015 $18,628 $1,374,300 $0 $1,374,300
2014 $15,813 $1,070,500 $0 $1,070,500
2013 -- $826,600 $0 $826,600
Source: Public Records

Agents Affiliated with this Home

  • Brooks Selby

    Seller's Agent in 2021

    Brooks Selby

    John R. Wood Properties

    (239) 472-2411

    32 in this area

    42 Total Sales

    Brooks Selby
    Section Image

  • n

    Buyer's Agent in 2021

    non-member MLS

  • O

    Buyer's Agent in 2021

    Out of area Non Member

    FGC Non-MLS Office

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221004414

Florida Gulf Coast Multiple Listing Service

APN: 34-46-22-T1-0030E.2010

Florida Lee County Sanibel 33957

3215 W Gulf Dr Unit E201, Sanibel, FL

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