NOT LISTED FOR SALE

409 E Gulf Dr Unit 15 Sanibel, FL 33957

Estimated Value: $215,000 - $438,828

1 Bed
1 Bath
600 Sq Ft
$933/mo HOA Fee

Last Sold October 03, 2023

Last sale price $274,000 $457 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,487/month

8 Days on Market

Highlights

  • Outdoor Pool
  • Garden View
  • Screened Porch
  • Sanibel Elementary School Rated A-
  • Furnished
  • Shuffleboard Court

About This Home

As of October 2023

Best Near Beach Value Available on Sanibel & Captiva! Charming, this one-bedroom/bath condo is conveniently located on the top floor at The Colony Inn. Tastefully decorated with a beachy cottage feel, along with newer furnishings, ceiling fans, and crown moldings. Updated kitchen and bath. Large bedroom features two double beds. Tropical views of the Gulf from the screened in porch. Great location on Sanibel’s East End; walk to shops, restaurants and the Sanibel Lighthouse. Nightly, weekly, and monthly rentals allowed through the onsite rental program. This is the perfect island getaway or vacation rental condo. Buyer to verify square footage as it was taken from condo directory.

Last Agent to Sell the Property

kelly Huguenin

Pfeifer Realty Group LLC License #3370164 Listed on: 09/06/2023

Co-Listed By

Eric Pfeifer

Pfeifer Realty Group LLC License #3014853

Last Buyer's Agent

OTHER OTHER

Other

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,040

Year Built

  • Built in 1968

Lot Details

  • 6,098

HOA Fees

  • $933 Monthly HOA Fees

Parking

  • Open Parking

Home Design

  • Garden Apartment
  • Entry on the 2nd floor
  • Stucco

Interior Spaces

  • 600 Sq Ft Home
  • Furnished
  • Ceiling height between 8 to 10 feet
  • Ceiling Fan
  • Single Hung Wood Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Vinyl Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Shower Only

Home Security

Pool

  • Outdoor Pool

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Heating System Mounted To A Wall or Window
  • Water Heater

Listing and Financial Details

  • Assessor Parcel Number 20-46-23-T3-02300.0150

Community Details

Overview

  • Association fees include cable TV, exter pest control, insurance bldg, inter pest control, irrigation, landscape/lawn, legal and accounting, manager, recreation facilities, sewer, trash, water
  • $20 Other Monthly Fees
  • On Site Association, Phone Number (239) 472-5151
  • Colonnades Community

Amenities

  • Community Barbecue Grill
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Shuffleboard Court
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,040

Year Built

Built in 1968

Lot Details

0

HOA Fees

$933 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Design: Garden Apartment
  • Legal Description: THE COLONNADES CONDOMINIUM OR 464 PG 376 APT 15
  • Strap Number: 20-46-23-T3-02300.0150
  • Subject To F I R P T A: No
  • Year Built: 1968
  • Level: 2
  • Pets: Allowed
  • Folio Id: 10126096
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 456.67
  • Total Sq Ft: 675
  • Appliances: Disposal, Microwave, Range Electric, Refrigerator-Ice maker, Smoke Detector(s), Water Heater
  • Estimated Living Sq Ft: 600
  • Bathrooms: 1
  • Bathrooms Display: 1/0
  • Bedrooms: 1
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Floor: 2
  • Flooring: Vinyl Floor
  • Furnished: Yes
  • Furnishing: Turn-Key
  • Primary Bathroom: Shower Only
  • Windows: Single Hung

Exterior Features

  • Misc Exterior: Dumpster Owned
  • Waterfront: None/Not Applicable
  • Waterfront: No
  • Coastal Construction: In Front of 1974
  • Ext Fin Trim: Stucco
  • Pool: Yes
  • View: Lawn/Garden

Garage/Parking

  • Parking: Open

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Wall Unit Cooling
  • Heating: Wall Unit Heat
  • Security: None/Not Applicable

Condo/Co-op/Association

  • Association Fees Disp: Y - $2798/Q
  • Association Fee: 2798
  • Association Fee Period: Quarterly
  • Association Right Of Refusal: Yes
  • Association Management: On-Site
  • Management Company Phone: 239-472-5151
  • Condo Amenities: Community Laundry, Grills, Pool, Rental Office on Site, Separate Storage, Shuffleboard
  • Condo Name: Colonnades
  • Fees Include: Cable TV, Exter Pest Control, Insurance Bldg, Inter Pest Control, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Recreation Facilities, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $/
  • Members Right Of Refusal: No
  • Other Fees: 59
  • Other Fees Period: Quarterly

Lot Info

  • Geo Update Timestamp: 2023-09-08
  • 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

  • Application Required: Yes
  • Rent History: Rental history for past 4 years can be found in attachments. 2019 - $ 6,882.20 (Covid Year) - 2020 - $31,826.10 (Covid Year)- 2021- $64,052.46 - (Normal Year) -2022 - 35,910.54 (prior to Ian)
  • Rent Phone: 239-472-5151
  • Rent Type: Daily

Tax Info

  • Tax Amount: 3040
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2023
Closed on
Sep 29, 2023
Sold by
Mary Anne Gira Revocable Trust
Bought by
Barela Judy Marie and Riel Thomas Edward
Seller's Agent
kelly Huguenin
Pfeifer Realty Group LLC
Buyer's Agent
OTHER OTHER
Other
List Price
$299,000
Sold Price
$274,000
Premium/Discount to List
-$25,000
-8.36%
Views
28
Current Estimated Value
$290,457

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,457
Avg. Annual Appreciation
2.87%

Purchase Details

Listed on
Jun 25, 2015
Closed on
Jan 5, 2016
Sold by
Strange H Lawrence and Strange Carol M
Bought by
Mary Anne Gira Revocable Trust
Seller's Agent
Cindy Sitton
Royal Shell Real Estate, Inc.
Buyer's Agent
Cindy Sitton
Royal Shell Real Estate, Inc.
List Price
$225,000
Sold Price
$212,500
Premium/Discount to List
-$12,500
-5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.33%

Purchase Details

Closed on
Nov 12, 2009
Sold by
Strange Carol M
Bought by
Strange H Lawrence and Strange Carol M

Purchase Details

Closed on
Sep 21, 2004
Sold by
Strange Carol M and Martin Miriam
Bought by
Strange Carol M and Martin Miriam
Source: Public Records

Range of Values:

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Average Value
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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
Barela Judy Marie $274,000 Superior Title Services
Mary Anne Gira Revocable Trust $212,500 Barrier Island Title Service
Strange H Lawrence -- Attorney
Strange Carol M -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/03/2023 10/03/23 Sold $274,000 -8.4% $457 / Sq Ft
09/14/2023 09/14/23 Pending -- -- --
09/06/2023 09/06/23 For Sale $299,000 +40.7% $498 / Sq Ft
01/05/2016 01/05/16 Sold $212,500 -5.6% $354 / Sq Ft View Prior Sale
12/06/2015 12/06/15 Pending -- -- --
06/25/2015 06/25/15 For Sale $225,000 -- $375 / 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 $365 $24,575 -- $24,575
2023 $404 $26,950 $0 $26,950
2022 $3,056 $207,456 $0 $0
2021 $2,698 $188,596 $0 $188,596
2020 $2,674 $186,533 $0 $186,533
2019 $2,432 $166,345 $0 $166,345
2018 $2,496 $167,153 $0 $167,153
2017 $2,541 $166,345 $0 $166,345
2016 $2,392 $156,036 $0 $156,036
2015 $2,206 $138,100 $0 $138,100
2014 $2,076 $128,800 $0 $128,800
2013 -- $119,800 $0 $119,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2230835

Sanibel & Captiva Islands Association of REALTORS®

APN: 20-46-23-T3-02300.0150