NOT LISTED FOR SALE

407 Bella Vista Way E Sanibel, FL 33957

Estimated Value: $2,225,000 - $5,100,991

4 Beds
4 Baths
3,928 Sq Ft
$863/Sq Ft Est. Value

Last Sold March 21, 2017

Last sale price $2,700,000 $687 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $20,260/month

110 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Gated Community
  • Sanibel Elementary School Rated A-
  • Community Cabanas
  • Wood Flooring

About This Home

As of March 2017

On Sanibel's iconic and convenient east end sits the beautiful seaside community of Colony Beach Estates. Private and protected behind a gated entrance you'll find charming Old Florida inspired homes with breathtaking Gulf views. This stand alone home is one of the gems of the community. Beach and Gulf views fill almost every window of this exquisitely updated and impeccably maintained home. With an interior fit for a magazine, this home boasts a large kitchen with beautiful custom cabinetry, a large island with seating, six-burner gas stove and beautiful countertops. Stunning hickory wood floors complement the beautiful moldings surrounding all impact glass windows featuring vibrant blues of the Gulf, green tropical vegetation and pops of color of flowers and sailboats off in the distance. Each bathroom is beautiful and updated. Multiple lanais offer outdoor living and the huge master features its own balcony and fireplace. This home also has a private pool and spa. Welcome home.

Last Agent to Sell the Property

Jeff Burns

Premier Sotheby's Int'l Realty License #280595636 Listed on: 10/31/2016

Premier Sotheby's Int'l Realty

Co-Listed By

Tiffany Burns

Premier Sotheby's Int'l Realty License #280596748

Last Buyer's Agent

Patti Testa

Royal Shell Real Estate, Inc. License #258004254

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $30,009

Year Built

  • Built in 1988

Lot Details

  • 6,098 Sq Ft Lot
  • Property fronts gulf or ocean
  • Cul-De-Sac
  • Street terminates at a dead end
  • North Facing Home

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Metal Roof

Interior Spaces

  • 3,928 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Tray Ceiling
  • Ceiling Fan
  • Awning
  • Single Hung Windows
  • Sliding Windows
  • Gulf Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Laundry Tub

Home Security

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

Pool

  • In Ground Spa
  • Heated Above Ground Pool
  • Gas Heated Pool

Outdoor Features

  • Balcony
  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 16 / 3700
  • Assessor Parcel Number 20-46-23-T3-03700.0160

Community Details

Overview

  • Association Phone (239) 472-5020
  • Colony Beach Estates Subdivision

Recreation

  • Community Beach Access
  • Community Cabanas

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$30,009

Year Built

Built in 1988

Lot Details

0

HOA Fees

$667 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Co List Office Mls Id: PREM16
  • Co List Office Phone: 239-472-2735
  • Ownership: Single Family
  • Subdivision Name: COLONY BEACH ESTATES
  • Directions: Periwinkle to East Gulf Drive. Colony Beach Estates on the left. Use East Gate.
  • Architectural Style: Other, Two Story
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 1988
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Spa Features: Gas Heat, In Ground
  • Private Spa: Yes
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Flooring: Tile, Wood
  • Interior Amenities: Bathtub, Tray Ceiling(s), Dual Sinks, Eat-in Kitchen, Separate Shower, Elevator
  • Living Area: 3928.0
  • Stories: 2
  • Window Features: Single Hung, Sliding, Impact Glass
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Cul-De-Sac, Dead End
  • Pool Features: Above Ground, Gas Heat, Heated
  • Pool Private: Yes
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: See Remarks
  • Direction Faces: North
  • Exterior Features: Security/High Impact Doors, Storage, Awning(s)
  • Patio And Porch Features: Balcony, Open, Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • 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

  • Community Features: Gated
  • Amenities: Beach Access, Cabana
  • Association Fee: 2000.0
  • Association Fee Frequency: Quarterly
  • Phone: 239-472-5020
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 20-46-23-T3-03700.0160
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 18

Tax Info

  • Tax Annual Amount: 30009.0
  • Tax Block: 3700
  • Tax Lot: 16
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2016
Closed on
Mar 20, 2017
Sold by
Hjerpe William M and Hjerpe Donna L
Bought by
Nelson David B and Nelson Cathy A
Seller's Agent
Jeff Burns
Premier Sotheby's Int'l Realty
Buyer's Agent
Patti Testa
Royal Shell Real Estate, Inc.
List Price
$3,199,000
Sold Price
$2,700,000
Premium/Discount to List
-$499,000
-15.6%
Current Estimated Value
$3,391,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$691,330
Avg. Annual Appreciation
2.69%

Purchase Details

Listed on
Apr 24, 2013
Closed on
Jul 18, 2013
Sold by
Larson Richard D and Larson Marcia D Johnson
Bought by
Hjerpe William M and Hjerpe Donna Lee
Seller's Agent
JNA TRANSFER
Berkshire Hathaway HomeServices Florida Realty
Buyer's Agent
Michael Stone
Timothy Drobnyk
List Price
$2,699,000
Sold Price
$2,600,000
Premium/Discount to List
-$99,000
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.03%
Original Mortgage
$800,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2009
Sold by
Larson Richard D
Bought by
Larson Richard D and Larson Marcia D Johnson
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
Nelson David B $2,700,000 Coastal Title Svcs Of Sw Flo
Hjerpe William M $2,600,000 Attorney
Larson Richard D -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hjerpe William M $800,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2017 03/21/17 Sold $2,700,000 -15.6% $687 / Sq Ft
02/19/2017 02/19/17 Pending -- -- --
10/31/2016 10/31/16 For Sale $3,199,000 +23.0% $814 / Sq Ft
07/18/2013 07/18/13 Sold $2,600,000 -3.7% $662 / Sq Ft View Prior Sale
05/15/2013 05/15/13 Pending -- -- --
04/24/2013 04/24/13 For Sale $2,699,000 -- $687 / 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 $21,681 $1,580,011 -- --
2024 $23,750 $1,535,482 $931,798 $532,632
2023 $23,750 $1,664,944 $1,664,934 $10
2022 $29,413 $2,161,544 $0 $0
2021 $29,717 $2,188,871 $1,425,000 $763,871
2020 $29,661 $2,069,611 $1,425,000 $644,611
2019 $30,498 $2,112,403 $1,425,000 $687,403
2018 $31,129 $2,111,642 $0 $0
2017 $29,660 $1,967,752 $0 $0
2016 $29,420 $2,214,837 $1,425,000 $789,837
2015 $30,009 $2,335,717 $950,000 $1,385,717
2014 -- $1,889,622 $800,000 $1,089,622
2013 -- $1,613,191 $592,400 $1,020,791
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216067952

Florida Gulf Coast Multiple Listing Service

APN: 20-46-23-T3-03700.0160