NOT LISTED FOR SALE

3577 W Gulf Dr Sanibel, FL 33957

Estimated Value: $8,445,977 - $9,546,000

4 Beds
6 Baths
5,942 Sq Ft
$1,502/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $7,200,000 $1,212 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $54,268/month

233 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Heated Infinity Pool
  • Sanibel Elementary School Rated A-
  • Fitness Center
  • 1.64 Acre Lot

About This Home

As of July 2017

Masterfully constructed and set on the Gulf of Mexico, this exquisite home elicits all that is beachside living in the tropics. As you approach up the winding drive you are surrounded by expert equatorial plantings which guide you to the gated entry and this magnificent new residence. As you enter the home your eye is drawn through the great room over the invisible edge pool to the emerald waters of the gulf. This beautiful residence was designed for todays living with expansive beachside entertainment areas which flow beautifully from the great room with chefs kitchen and knock out first level master suite featuring Cortecchia stone in the bath and a fitness retreat beyond with steam shower . All guest suites are on the upper level and water views are enjoyed from every-room. Each room is appointed with a different exotic semiprecious stone from around the globe. If you have been considering building think again! Full Specs and additional details are available.

Last Agent to Sell the Property

Phaidra McDermott

Kingfisher Real Estate, Inc. License #280500222 Listed on: 10/21/2016

Last Buyer's Agent

Phaidra McDermott

Kingfisher Real Estate, Inc. License #280500222 Listed on: 10/21/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $86,920

Year Built

  • Built in 2013

Lot Details

  • 1.64 Acre Lot
  • Lot Dimensions are 108 x 285 x 108 x 291
  • Property fronts gulf or ocean
  • East Facing Home
  • Sprinkler System

Parking

  • 3 Car Attached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 5,942 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Wet Bar
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Fireplace
  • Shutters
  • Sliding Windows
  • Formal Dining Room
  • Home Office
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Pool

  • Heated Infinity Pool
  • Heated Pool and Spa
  • Gas Heated Pool
  • Above Ground Spa
  • Outside Bathroom Access
  • Pool Equipment or Cover

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 1a / 5
  • Assessor Parcel Number 28-46-22-T3-00005.001A

Community Details

Overview

  • No Home Owners Association
  • Metes And Bounds Subdivision

Amenities

  • Billiard Room
  • Community Storage Space

Recreation

  • Community Beach Access
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$86,920

Year Built

Built in 2013

Lot Details

0

Parking

3

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 1.64
  • Lot Size: 108 x 285 x 108 x 291
  • Ownership: Single Family
  • Subdivision Name: METES AND BOUNDS
  • Directions: Rt on Periwinkle Way. Left on Tarpon Bay Rd. Rt. on West Gulf Dr. House is on Left.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2013
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Above Ground, Gas Heat
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, See Remarks, Wine Cooler, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Interior Amenities: Wet Bar, Breakfast Bar, Built-in Features, Bathtub, Closet Cabinetry, Separate/Formal Dining Room, Dual Sinks, Fireplace, High Ceilings, High Speed Internet, Jetted Tub, Kitchen Island, Pantry, See Remarks, Separate Shower, Upper Level Master, Walk-In Closet(s), Elevator, Home Office
  • Living Area: 5942.0
  • Stories: 2
  • Window Features: Sliding, Impact Glass, Shutters
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks, Sprinklers Automatic
  • Pool Features: Above Ground, Gas Heat, Heated, Negative Edge, Outside Bath Access, Pool Equipment, Pool/Spa Combo
  • Pool Private: Yes
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Brick, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Security/High Impact Doors, Sprinkler/Irrigation, Storage
  • Patio And Porch Features: Balcony, Open, Porch
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 3.0
  • Garage Spaces: 3.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside, Laundry Tub
  • Security: Smoke Detector(s)
  • 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

  • Amenities: Beach Access, Billiard Room, Fitness Center, Storage
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 28-46-22-T3-00005.001A
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 86920.0
  • Tax Block: 5
  • Tax Lot: 1a
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2016
Closed on
Jul 12, 2017
Sold by
Brown Merle L and Brown David A
Bought by
Wells James Alan and Finkbiner Blaine Holt
Seller's Agent
Phaidra McDermott
Kingfisher Real Estate, Inc.
Buyer's Agent
Phaidra McDermott
Kingfisher Real Estate, Inc.
List Price
$7,595,000
Sold Price
$7,200,000
Premium/Discount to List
-$395,000
-5.2%
Current Estimated Value
$8,927,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,727,326
Avg. Annual Appreciation
2.66%

Purchase Details

Closed on
Dec 14, 2011
Sold by
Lauther P Sherman
Bought by
Brown Merle L and Brown David A

Purchase Details

Closed on
Dec 3, 2003
Sold by
Laugher P Sherman
Bought by
Laugher P Sherman and Sherman Lauther Rev Tr

Purchase Details

Closed on
Mar 1, 1994
Sold by
Lauther P Sherman and Lauther Myrtle E
Bought by
Lauther P Sherman and Lauther Myrtle E
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
Wells James Alan $7,200,000 Superior Title Svcs Of Sanib
Brown Merle L $2,985,000 Fidelity National Title Of F
Laugher P Sherman -- --
Lauther P Sherman -- --
Lauther P Sherman -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brown David A $2,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2017 07/12/17 Sold $7,200,000 0.0% $1,212 / Sq Ft
07/12/2017 07/12/17 Sold $7,200,000 -5.2% $1,212 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
05/03/2017 05/03/17 Pending -- -- --
10/21/2016 10/21/16 For Sale $7,595,000 0.0% $1,278 / Sq Ft
09/21/2016 09/21/16 For Sale $7,595,000 -- $1,278 / 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
2024 $80,443 $5,605,192 -- --
2023 $80,443 $5,095,629 $0 $0
2022 $65,444 $4,632,390 $0 $0
2021 $60,243 $4,211,264 $2,309,487 $1,901,777
2020 $60,254 $4,158,382 $2,300,000 $1,858,382
2019 $61,049 $4,181,419 $2,300,000 $1,881,419
2018 $61,715 $4,138,897 $2,300,000 $1,838,897
2017 $69,058 $4,562,783 $2,300,000 $2,262,783
2016 $85,180 $5,724,296 $2,320,253 $3,404,043
2015 $86,920 $6,205,549 $2,328,469 $3,877,080
2014 $87,192 $5,443,257 $2,324,145 $3,119,112
2013 -- $2,312,100 $2,312,100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216065560

Florida Gulf Coast Multiple Listing Service

APN: 28-46-22-T3-00005.001A