NOT LISTED FOR SALE

3938 W Gulf Dr Unit 4 Sanibel, FL 33957

Estimated Value: $648,000 - $1,023,000

0.36 Acre
$2,251,497 Price per Acre
15,682 Sq Ft Lot

Last Sold June 06, 2022

Last sale price $853,750 $54 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $5,224/month

350 Days on Market

Highlights

  • Community Beach Access
  • Garden View
  • No HOA
  • Sanibel Elementary School Rated A-

About This Lot

As of June 2022

BEST NEAR BEACH LOCATION LOT ON SANIBEL. Premier West Gulf Dr. West Rocks lot is directly across the street from a beautiful, deeded access path to an uncrowded section of pristine Sanibel Beach. This 105’ x 150’ is ready to build your dream home. Avoid the hassle of buying a fixer upper or tearing down an old house. Bring your architect and plan for a new custom built home. Plenty of room for a pool and private Lanai. With multi-million dollar beachfront homes across the street, this location has tremendous upside for value growth. The West Rocks deeded beach access to miles of pristine uncrowded beach is within easy walking distance.

Last Agent to Sell the Property

Eric Pfeifer

Pfeifer Realty Group LLC License #3014853 Listed on: 05/21/2021

Last Buyer's Agent

Kerri Maw

Pfeifer Realty Group LLC License #3354442

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $5,874

Lot Details

  • 0.36 Acre Lot
  • Lot Dimensions are 105x150

Property Views

  • Garden Views

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 28-46-22-T1-0010A.0040

Community Details

Overview

  • No Home Owners Association
  • Rocks West Subdivision

Recreation

  • Community Beach Access

Property Details

Property Type

Land

Est. Annual Taxes

$5,874

Lot Details

0

Listing Details

  • Subdivision Name: Rocks West
  • Class: Vacant Land
  • Property Type: Vacant Land
  • Legal Description: ROCKS THE BLK A PB 11 PG 91 LOT 4
  • Strap Number: 28-46-22-T1-0010A.0040
  • Subject To F I R P T A: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per S Q F T: 2371527.78

Exterior Features

  • Waterfront: None/Not Applicable
  • Coastal Construction: Not Applicable
  • View: Lawn/Garden
  • Ground Cover: Trees
  • Roads: Paved, Public

Utilities

  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA: No
  • Master Association Disp: $0/

Association/Amenities

  • Community Amenities: Deeded Beach Access

Lot Info

  • Acres: 0.36
  • Geo Update Timestamp: 2021-05-21
  • Geo Address Line: 3938 W Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Frontage: 105
  • Lot Number: 4
  • Lot Size: 105X150
  • Lot Size Irregular: No
  • Lot Sq Ft: 15686
  • Zoning: Residential
  • Deed Restrictions: No Restrictions
  • Lot Features: Build to Suit
  • Lot Size Feature: 100ft or + Front, Regular
  • Survey Year Disp: Y-
  • Usage: Single Family

Tax Info

  • Tax Amount: 5874
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2023
Sold by
Seaclusion Kdd Revocable Trust and Seaclusion Aed Revocable Trust
Bought by
Seaclusion Of Fl Llc
Total Days on Market
350
Current Estimated Value
$810,539

Purchase Details

Closed on
Aug 19, 2022
Sold by
Droescher Kyle D and Droescher Amy E
Bought by
Kdd Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
4.25%
Mortgage Type
Construction

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 6, 2022
Sold by
3944 W Gulf Inc
Bought by
Droescher Kyle D and Droescher Amy E
Seller's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
Buyer's Agent
Kerri Maw
Pfeifer Realty Group LLC
List Price
$899,000
Sold Price
$853,750
Premium/Discount to List
-$45,250
-5.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.72%
Original Mortgage
$480,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 1998
Sold by
Stearn Vesta B and Stearn Robert F
Bought by
3944 W Gulf Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.01%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Seaclusion Of Fl Llc $100 None Listed On Document
Kdd Revocable Trust $100 Superior Title Services
Droescher Kyle D $853,750 New Title Company Name
3944 W Gulf Inc $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kdd Revocable Trust $1,725,000
Previous Owner Droescher Kyle D $480,000
Previous Owner 3944 W Gulf Inc $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2022 06/06/22 Sold $853,750 -5.0% $54 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
11/08/2021 11/08/21 For Sale $899,000 0.0% $57 / Sq Ft
10/14/2021 10/14/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $899,000 -- $57 / 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 $9,787 $654,210 $654,210 --
2023 $8,014 $557,545 $557,545 $0
2022 $6,736 $464,279 $0 $0
2021 $6,112 $440,800 $440,800 $0
2020 $5,874 $440,800 $440,800 $0
2019 $5,631 $440,800 $440,800 $0
2018 $5,496 $440,800 $440,800 $0
2017 $5,771 $497,097 $497,097 $0
2016 $4,787 $367,350 $367,350 $0
2015 $3,834 $244,900 $244,900 $0
2014 $3,587 $231,000 $231,000 $0
2013 -- $196,900 $196,900 $0
Source: Public Records

Agents Affiliated with this Home

  • Eric Pfeifer

    Seller's Agent in 2022

    Eric Pfeifer

    Pfeifer Realty Group LLC

    (239) 472-0004

    660 in this area

    945 Total Sales

    Eric Pfeifer
    Section Image
  • Kerri Maw

    Buyer's Agent in 2022

    Kerri Maw

    Pfeifer Realty Group LLC

    (239) 292-4944

    74 in this area

    84 Total Sales

    Kerri Maw
    Section Image
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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2210448

Sanibel & Captiva Islands Association of REALTORS®

APN: 28-46-22-T1-0010A.0040

Florida Lee County Sanibel 33957

3938 W Gulf Dr Unit 4, Sanibel, FL

This home is located at 3938 W Gulf Dr Unit 4, Sanibel, FL 33957 since 21 May 2021 and is currently estimated at $810,539, approximately $51 per square foot. 3938 W Gulf Dr Unit 4 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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