NOT LISTED FOR SALE

3215 W Gulf Dr Unit E202 Sanibel, FL 33957

Estimated Value: $1,357,000 - $1,672,000

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

Last Sold June 01, 2017

Last sale price $1,540,000 $653 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $8,119/month

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Furnished
  • Sanibel Elementary School Rated A-
  • In Ground Pool
  • Elevator

About This Home

As of June 2017

Exceptional condo offering remarkable views of Island sunsets and white sand beaches of the Gulf of Mexico. Enjoy upscale living in this comfortable and relaxed setting in an enclave of five bright and airy buildings on tailored tropically spacious grounds. Large open-floor plan, three bedrooms, 2.5 baths and private enclosed lanai Gulf side of the unit. Spacious living room & Master Suite with large walk in closet associated with beautifully done bathroom area. Granite countertops are throughout the unit with a large open kitchen, new stainless steel appliances including wine cooler & double sinks. Plantation shutters throughout. This is a low density 30 unit complex on 6 acres of lush land. Maintenance, oversize pool, tennis court, grilling, storage & parking on site. Newly upgraded decorator appointed with lovely architectural detail and a stunning Gulf front location. Do not wait on this exceptional opportunity.

Last Agent to Sell the Property

Mary Lou Bailey

VIP Realty Sanibel and Captiva License #280500030 Listed on: 01/23/2017

VIP Realty Sanibel and Captiva

Last Buyer's Agent

Dan Cohn

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $21,466

Year Built

  • Built in 1988

Lot Details

  • Property fronts gulf or ocean
  • North Facing Home

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Entry on the 2nd floor
  • Metal Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,360 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Open Floorplan
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 202 / 30E
  • Assessor Parcel Number 34-46-22-T1-0030E.2020

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, insurance, legal/accounting, ground maintenance, pest control, recreation facilities, trash, water
  • 30 Units
  • Association Phone (239) 437-0340
  • Low-Rise Condominium
  • Somerset At The Reef Subdivision

Amenities

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

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$21,466

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Ownership: Condo
  • Subdivision Name: SOMERSET AT THE REEF
  • Directions: Sanibel Causeway to Right on Periwinkle Way to Left on Tarpon Bay Rd. to Right onto West Gulf Dr. Complex is on the right.
  • Architectural Style: Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Year Built: 1988
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Dual Sinks, Family/Dining Room, Living/Dining Room, See Remarks, Cable TV, Split Bedrooms
  • Living Area: 2360.0
  • Stories: 3
  • Window Features: Single Hung, Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Oversized Lot
  • Pool Features: In Ground, Community
  • Pool Private: Yes
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Concrete, Stucco, Wood Siding
  • Direction Faces: North
  • Exterior Features: Tennis Court(s)
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Underground, Garage, Guest, One Space

Utilities

  • Laundry Features: Inside
  • Security: None
  • 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: Condo Hotel Community, Elevator, Non-Gated
  • Amenities: Beach Access, Barbecue, Picnic Area, Pool, Storage, Tennis Court(s)
  • Phone: 239-437-0340
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

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

Lot Info

  • Parcel #: 34-46-22-T1-0030E.2020
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 30

Tax Info

  • Tax Annual Amount: 21466.0
  • Tax Block: 30E
  • Tax Lot: 202
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 20, 2022
Sold by
Michael H Jacobson Revocable Living Trus
Bought by
Michael H Jacobson Revocable Living Trust
Current Estimated Value
$1,489,583

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,165,000
Outstanding Balance
$1,073,693
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$415,890

Purchase Details

Listed on
Jan 23, 2017
Closed on
Jun 1, 2017
Sold by
Bennett Thomas O
Bought by
Jacobson Michael H and The Michael H Jacobson Revocable Trust
Seller's Agent
Mary Lou Bailey
VIP Realty Sanibel and Captiva
Buyer's Agent
Dan Cohn
List Price
$1,699,000
Sold Price
$1,540,000
Premium/Discount to List
-$159,000
-9.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.40%
Original Mortgage
$1,232,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2013
Sold by
Bennett Thomas O and Bennett Marta J
Bought by
Bennett Thomas O
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
Michael H Jacobson Revocable Living Trust -- None Listed On Document
Jacobson Michael H $1,540,000 Barrier Island Title A Divis
Bennett Thomas O -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Michael H Jacobson Revocable Living Trust $1,165,000
Previous Owner Jacobson Michael H $1,232,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2017 06/01/17 Sold $1,540,000 -9.4% $653 / Sq Ft
05/02/2017 05/02/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $1,699,000 -- $720 / 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 $3,872 $272,405 -- $272,405
2023 $5,529 $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 $21,946 $1,510,025 $0 $1,510,025
2018 $22,428 $1,510,833 $0 $1,510,833
2017 $22,412 $1,509,467 $0 $0
2016 $22,340 $1,478,420 $0 $1,478,420
2015 $18,372 $1,374,300 $0 $1,374,300
2014 $15,579 $1,070,500 $0 $1,070,500
2013 -- $826,600 $0 $826,600
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Mary Lou Bailey

    VIP Realty Sanibel and Captiva

    Section Image

  • D

    Buyer's Agent in 2017

    Dan Cohn

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 217006282

Florida Gulf Coast Multiple Listing Service

APN: 34-46-22-T1-0030E.2020

Florida Lee County Sanibel 33957

3215 W Gulf Dr Unit E202, Sanibel, FL

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