NOT LISTED FOR SALE

325 E Gulf Dr Sanibel, FL 33957

Estimated Value: $534,587 - $942,000

1 Bed
1 Bath
525 Sq Ft
$1,353/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $480,000 $914 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,416/month

214 Days on Market

Highlights

  • Wood Flooring
  • Furnished
  • Patio
  • Sanibel Elementary School Rated A-
  • No HOA
  • 1 Attached Carport Space

About This Home

As of January 2020

1100 total square feet of cottage charm found within steps to “Old Town Sanibel” . Situated on a 100 x 150 professionally landscaped parcel “ Little Palm Cottage” has classic character and waiting for your own creative touches. Close to beach and lighthouse cafe. Would make perfect guest home, island retreat, or work with island builder to renew or rebuild. Lots of potential here. Great value for near beach property. Ask for info on City conversation on expanding ground level and allowable rules. So close to everything.. leave your car behind... bike friendly property.No car needed here.. walk to East end shops and bike to beach.. living the Sanibel lifestyle. Ask for info on additional living space possibilities.

Last Agent to Sell the Property

Teresa Baker

Royal Shell Real Estate, Inc. License #280596709 Listed on: 05/31/2019

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Teresa Baker

Royal Shell Real Estate, Inc. License #280596709 Listed on: 05/31/2019

Royal Shell Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,700

Year Built

  • Built in 1959

Lot Details

  • 0.34 Acre Lot
  • Lot Dimensions are 99 x 147 x 102 x 147
  • West Facing Home

Parking

  • 1 Attached Carport Space

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 525 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Transom Windows
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Legal Lot and Block 7 / 4
  • Assessor Parcel Number 21-46-23-T1-00004.0070

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,700

Year Built

Built in 1959

Lot Details

0.34 Acres

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.34
  • Lot Size: 99 x 147 x 102 x 147
  • Road Surface Type: Paved
  • Co List Office Mls Id: VIPR07
  • Ownership: Single Family
  • Subdivision Name: METES AND BOUNDS
  • Directions: over bridge take left on periwinkle way to east gulf drive on right .. go 3 homes in and you have arrived at little palm cottage.
  • Architectural Style: Ranch, One Story
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Building Stories: 1
  • Year Built: 1959
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Carpet, Wood
  • Interior Amenities: High Speed Internet, Living/Dining Room, Other, Shower Only, Separate Shower
  • Living Area: 525.0
  • Stories: 1
  • Window Features: Transum Window(s)
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Patio
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached Carport

Utilities

  • Laundry Features: Inside
  • 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: Non-Gated
  • Amenities: See Remarks
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: See Remarks

Lot Info

  • Parcel #: 21-46-23-T1-00004.0070
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 5700.0
  • Tax Block: 4
  • Tax Lot: 7
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2022
Sold by
Nilsson Mark C and Nilsson Cheryl L
Bought by
Nilsson Kennedy C
Current Estimated Value
$710,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,040
Outstanding Balance
$388,197
Interest Rate
3.01%
Mortgage Type
VA
Estimated Equity
$321,950

Purchase Details

Listed on
May 31, 2019
Closed on
Jan 31, 2020
Sold by
Masterson Robert C and Masterson Nancy S
Bought by
Nilsson Mark C and Nilsson Cheryl L
Seller's Agent
Teresa Baker
Royal Shell Real Estate, Inc.
Buyer's Agent
Teresa Baker
Royal Shell Real Estate, Inc.
List Price
$528,000
Sold Price
$480,000
Premium/Discount to List
-$48,000
-9.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.60%
Original Mortgage
$384,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2007
Sold by
Pendleton Jonathan D
Bought by
Masterson Robert C and Masterson Nancy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
6.1%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 20, 2001
Sold by
Swoyer Katherine W
Bought by
Pendleton Jonathan D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.99%

Purchase Details

Closed on
May 24, 1999
Sold by
Vash John G and Vash Tracy A
Bought by
Swoyer Katherine W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.9%

Purchase Details

Closed on
Feb 20, 1998
Sold by
Fairman Rosalie N
Bought by
Vash John G and Vash Tracy A

Purchase Details

Closed on
Jan 3, 1994
Sold by
Pickens Josephine and Heyser Frances
Bought by
Fairman Rosalie N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.09%
Source: Public Records
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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
Nilsson Kennedy C $480,000 Giannell Title
Nilsson Mark C $480,000 Superior Ttl Svcs Of Sanibel
Masterson Robert C $570,000 Barrier Island Title Service
Pendleton Jonathan D $370,000 --
Swoyer Katherine W $215,000 --
Vash John G $175,000 --
Fairman Rosalie N $114,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nilsson Kennedy C $491,040
Previous Owner Nilsson Mark C $384,000
Previous Owner Masterson Robert C $57,000
Previous Owner Pendleton Jonathan D $275,000
Previous Owner Swoyer Katherine W $172,000
Previous Owner Fairman Rosalie N $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $480,000 -9.1% $914 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
05/31/2019 05/31/19 For Sale $528,000 -- $1,006 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $8,655 $496,618 $496,608 $10
2024 $5,028 $579,172 $579,162 $10
2023 $5,028 $362,365 $0 $0
2022 $6,485 $388,878 $0 $0
2021 $5,387 $353,525 $341,250 $12,275
2020 $5,828 $380,655 $341,250 $39,405
2019 $5,354 $346,418 $341,250 $5,168
2018 $5,515 $350,454 $341,250 $9,204
2017 $5,700 $355,297 $262,500 $92,797
2016 $5,385 $328,992 $262,500 $66,492
2015 $5,690 $340,800 $262,500 $78,300
2014 -- $308,301 $262,500 $45,801
2013 -- $324,875 $286,100 $38,775
Source: Public Records

Agents Affiliated with this Home

  • Teresa Baker

    Seller's Agent in 2020

    Teresa Baker

    Royal Shell Real Estate, Inc.

    (239) 233-6364

    100 in this area

    112 Total Sales

    Teresa Baker
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219039328

Florida Gulf Coast Multiple Listing Service

APN: 21-46-23-T1-00004.0070

Florida Lee County Sanibel 33957

325 E Gulf Dr, Sanibel, FL

Not Listed for Sale

Detached

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