NOT LISTED FOR SALE

3507 W Gulf Dr Sanibel, FL 33957

Estimated Value: $2,728,000 - $6,359,000

3 Beds
2 Baths
2,024 Sq Ft
$2,294/Sq Ft Est. Value

Last Sold April 17, 2013

Last sale price $3,000,000 $1,482 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $29,156/month

239 Days on Market

Highlights

  • Beach Front
  • 2 Car Garage
  • Room in yard for a pool
  • Sanibel Elementary School Rated A-
  • Gulf View
  • Beach House

About This Home

As of April 2013

-Incredible beach front opportunity located on a high ridge area of West Gulf Dr on Sanibel Island. This Property Features a lovely well cared for 3 bedroom beach front island style cottage that captures awe inspiring water & sunset views. Beautifully groomed grounds, well established vegetation, walking paths, beach bd walk, Fenced Dog Park like setting. Also available & adjacent to is a Magnificent 5500 sq ft of living, multi acre beach front estate, sitting on 200 ft of prime beach frontage. See MLS #2120884 .

Last Agent to Sell the Property

Michael McMurray

Royal Shell Real Estate, Inc. License #587669 Listed on: 07/27/2012

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Mary Lou Bailey

VIP Realty Sanibel and Captiva License #312308

VIP Realty Sanibel and Captiva

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $35,383

Year Built

  • Built in 1974

Lot Details

  • Beach Front
  • Partially Fenced Property
  • Additional Land

Parking

  • 2 Car Garage

Home Design

  • Beach House
  • Block Exterior
  • Stucco

Interior Spaces

  • 2,024 Sq Ft Home
  • Furnished
  • Ceiling Fan
  • Shutters
  • Sliding Windows
  • Living Room
  • Home Office
  • Gulf Views
  • Home Security System

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Porch

Utilities

  • Cooling Available
  • Central Heating
  • Water Heater

Community Details

  • No Home Owners Association
  • Metes And Bounds Subdivision

Listing and Financial Details

  • Assessor Parcel Number 28-46-22-T3-00006.0120

Home Details

Home Type

Single Family

Est. Annual Taxes

$35,383

Year Built

Built in 1974

Lot Details

0

Listing Details

  • Subdivision Name: Metes And Bounds
  • Class: Residential
  • Property Type: Single Family
  • Design: Beach House, Old Florida
  • Legal Description: FR A PT ON S R/W LI OF GULF DR WHICH PT IS 534.9 FT W OF E SEC LI MEASURED
  • Strap Number: 28-46-22-T3-00006.0120
  • Year Built: 1974
  • Miscellaneous: Beach Access
  • Folio Id: 10023414
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Price Per S Q F T: 1482.21
  • Total Sq Ft: 2192
  • Appliances: Dishwasher, Dryer, Range Electric, Refrigerator, Security System, Washer, Water Heater
  • Estimated Living Sq Ft: 2024
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 3
  • Den: No
  • Fireplace: No
  • Flooring: Carpet, Tile Floor
  • Furnished Disp: Yes - Fully Furnished
  • Furnished: Yes
  • Furnishing: Fully Furnished
  • Primary Bathroom: Dbl Sinks, Sep. Shower, Tile
  • Master Bedroom: Carpet, First Floor
  • Windows: Shutters, Sliding

Exterior Features

  • Waterfront: Beach
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Ext Fin Trim: Stucco
  • Pool: No
  • View: Direct Gulf
  • Roads: Paved
  • Construction Stat: Concrete Block, Slab
  • Pool Description: Room For
  • Roof: Tile

Garage/Parking

  • Parking: Double Garage

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s)
  • Heating: Central Heat

Condo/Co-op/Association

  • HOA: No

Association/Amenities

  • Community Amenities: Other Add Agt Note

Lot Info

  • Geo Update Timestamp: 2019-07-17
  • Geo Address Line: 3507 W Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Size: 100x650+/-
  • Lot Features: Additional Land Avail, Fence Part
  • Survey: Yes

Tax Info

  • Tax Amount: 35383
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 13, 2020
Sold by
Phoenix Land Investments Llc
Bought by
Coverdale Cortney
Current Estimated Value
$4,643,456

Purchase Details

Listed on
Jul 27, 2012
Closed on
Apr 11, 2013
Sold by
Shipley Richard C
Bought by
Lambertus Peter K and Lambertus Ann Wilson
Seller's Agent
Michael McMurray
Royal Shell Real Estate, Inc.
Buyer's Agent
Mary Lou Bailey
VIP Realty Sanibel and Captiva
List Price
$3,395,000
Sold Price
$3,000,000
Premium/Discount to List
-$395,000
-11.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.32%
Source: Public Records

Range of Values:

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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
Coverdale Cortney -- Attorney
Lambertus Peter K $8,000,000 Stewart Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/17/2013 04/17/13 Sold $3,000,000 -11.6% $1,482 / Sq Ft
03/23/2013 03/23/13 Pending -- -- --
07/27/2012 07/27/12 For Sale $3,395,000 -- $1,677 / 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
2024 $46,852 $3,235,487 -- --
2023 $46,852 $2,941,352 $0 $0
2022 $38,587 $2,673,956 $0 $0
2021 $35,029 $2,430,869 $2,302,770 $128,099
2020 $35,676 $2,445,577 $2,300,000 $145,577
2019 $35,972 $2,447,939 $2,300,000 $147,939
2018 $36,679 $2,444,896 $2,300,000 $144,896
2017 $38,262 $2,493,837 $2,300,000 $193,837
2016 $36,257 $2,320,346 $2,300,409 $19,937
2015 $40,361 $2,516,491 $2,309,612 $206,879
2014 $40,307 $2,485,428 $2,308,837 $176,591
2013 -- $2,438,888 $2,318,603 $120,285
Source: Public Records

Agents Affiliated with this Home

  • Michael McMurray

    Seller's Agent in 2013

    Michael McMurray

    Royal Shell Real Estate, Inc.

    (239) 850-7888

    102 in this area

    412 Total Sales

    Michael McMurray
    Section Image

  • M

    Buyer's Agent in 2013

    Mary Lou Bailey

    VIP Realty Sanibel and Captiva

    Section Image
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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2120883

Sanibel & Captiva Islands Association of REALTORS®

APN: 28-46-22-T3-00006.0120

Florida Lee County Sanibel 33957

3507 W Gulf Dr, Sanibel, FL

This home is located at 3507 W Gulf Dr, Sanibel, FL 33957 since 27 July 2012 and is currently estimated at $4,643,456, approximately $2,294 per square foot. This property was built in 1974. 3507 W Gulf Dr is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Sanibel & Captiva Islands Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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