NOT LISTED FOR SALE

409 E Gulf Dr Unit 12 Sanibel, FL 33957

Estimated Value: $125,935 - $257,000

1 Bed
1 Bath
512 Sq Ft
$597/mo HOA Fee

Last Sold February 13, 2013

Last sale price $115,000 $225 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $1,742/month

107 Days on Market

Highlights

  • Outdoor Pool
  • Furnished
  • Shuffleboard Court
  • Sanibel Elementary School Rated A-
  • Screened Porch
  • Guest Parking

About This Home

As of February 2013

-Freshly Painted Beautiful East End Location! Darling 1st Floor unit with updated Kitchen with granite counters and raised panel cabinetry. Beach access is just around the corner. Enjoy your tropical landscape view, heated pool, sun deck, BBQ grills & the convenience of an on-site rental office. Whether you want a great investment or a tropical get away, this rarely available first floor unit is a great value! The Colony is a quiet, picturesque complex on Sanibel's East end that offers on-site rental management with daily rentals permitted.

Last Agent to Sell the Property

Kristine Cardinale, P.A.

John R. Wood Properties License #3185235 Listed on: 10/17/2012

John R. Wood Properties

Last Buyer's Agent

Sally Davies

Royal Shell Real Estate, Inc. License #3098506

Royal Shell Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,311

Year Built

  • Built in 1968

Lot Details

  • 6,316

HOA Fees

  • $597 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 512 Sq Ft Home
  • Furnished
  • Single Hung Wood Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Screened Porch

Kitchen

  • Electric Range
  • Microwave

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub and Shower Combination in Primary Bathroom

Parking

  • Guest Parking
  • Open Parking

Additional Features

  • Outdoor Pool
  • Cooling System Mounted In Outer Wall Opening

Listing and Financial Details

  • Assessor Parcel Number 20-46-23-T3-02300.0120

Community Details

Overview

  • Association fees include cable TV, exterior main/repair, insurance bldg, landscape/lawn, legal and accounting, manager, parking, pool service, recreation facilities, sewer, trash, water
  • Royal Shell Association, Phone Number (239) 395-9111
  • Colonnades Community

Amenities

  • Laundry Facilities

Recreation

  • Shuffleboard Court
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,311

Year Built

Built in 1968

Lot Details

0

HOA Fees

$597 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Design: Ground Level
  • Legal Description: THE COLONNADES CONDOMINIUM OR 464 PG 376 APT.12
  • Strap Number: 20-46-23-T3-02300.0120
  • Year Built: 1968
  • Folio Id: 10126093
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 224.61
  • Total Sq Ft: 512
  • Appliances: Microwave, Range Electric, Refrigerator
  • Estimated Living Sq Ft: 512
  • Bathrooms: 1
  • Bathrooms Display: 1/0
  • Bedrooms: 1
  • Den: No
  • Fireplace: No
  • Floor: 1
  • Flooring: Carpet, Vinyl Floor
  • Furnished Disp: Yes - Fully Furnished
  • Furnished: Yes
  • Furnishing: Fully Furnished
  • Primary Bathroom: Shower/Tub Combo
  • Windows: Single Hung, Sliding

Exterior Features

  • Misc Exterior: CBS
  • Waterfront: No
  • Coastal Construction: Behind 1974
  • Ext Fin Trim: Stucco
  • Pool: Yes
  • View: Other Add Agt Note

Garage/Parking

  • Parking: Guest, Open

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: No
  • Cooling: Wall Unit Cooling
  • Security: Other Add Agt Note

Condo/Co-op/Association

  • Association Fees Disp: Yes - $1790/Quarterly
  • Association Fee: 1790
  • Association Fee Period: Quarterly
  • Association Management: Royal Shell
  • Management Company Phone: 239-395-9111
  • Condo Amenities: Community Laundry, Pool, Shuffleboard
  • Condo Name: Colonnades
  • Fees Include: Cable TV, Exterior Main/Repair, Insurance Bldg, Landscape/Lawn, Legal and Accounting, Manager, Parking, Pool Service, Recreation Facilities, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $0/0

Lot Info

  • Geo Update Timestamp: 2019-07-17
  • Geo Address Line: 409 E Gulf Dr
  • Geo Matched Method: 1
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16

Rental Info

  • Rent History: -Nightly rentals. Detailed info package available, contact listing agent for details.
  • Rent Phone: 239-472-5151
  • Rent Type: Daily

Tax Info

  • Tax Amount: 2311
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2012
Closed on
Feb 11, 2013
Sold by
Butler Robert B and Butler Zenia K
Bought by
Carter John
Seller's Agent
Kristine Cardinale, P.A.
John R. Wood Properties
Buyer's Agent
Sally Davies
Royal Shell Real Estate, Inc.
List Price
$139,900
Sold Price
$115,000
Premium/Discount to List
-$24,900
-17.8%
Current Estimated Value
$212,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,734
Avg. Annual Appreciation
4.96%
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
Carter John $115,000 Barrier Island Title Service
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2013 02/13/13 Sold $115,000 -17.8% $225 / Sq Ft
02/01/2013 02/01/13 Pending -- -- --
10/17/2012 10/17/12 For Sale $139,900 -- $273 / 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
2025 $365 $24,575 -- $24,575
2024 $404 $24,575 -- $24,575
2023 $404 $26,950 $0 $26,950
2022 $3,161 $214,578 $0 $0
2021 $2,790 $195,071 $0 $195,071
2020 $2,765 $192,993 $0 $192,993
2019 $2,514 $171,998 $0 $171,998
2018 $2,579 $172,805 $0 $172,805
2017 $2,639 $172,805 $0 $172,805
2016 $2,500 $163,874 $0 $163,874
2015 $2,297 $143,800 $0 $143,800
2014 $2,171 $134,700 $0 $134,700
2013 -- $125,100 $0 $125,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2121175

Sanibel & Captiva Islands Association of REALTORS®

APN: 20-46-23-T3-02300.0120