NOT LISTED FOR SALE

409 E Gulf Dr Unit C13 Sanibel, FL 33957

Estimated Value: $248,000 - $458,000

1 Bed
1 Bath
511 Sq Ft
6,316 Sq Ft Lot

Last Sold August 24, 2020

Last sale price $283,000 $554 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,893/month

123 Days on Market

Highlights

  • Community Beach Access
  • Concrete Pool
  • Pool View
  • Sanibel Elementary School Rated A-
  • Deck
  • Furnished

About This Home

As of August 2020

Welcome to the Creme de la Creme at The Colonnades on Sanibel Island! Location, Location, Location, corner, 2nd floor unit, directly overlooking the pool, with additional window in living room facing SW. This light and bright unit is impeccably upgraded and stylishly decorated with trendy islandy decor. Starting with stunning Plantation Shutters throughout the unit, tile plank flooring, quartz counter-tops in kitchen with subway tile back splash, newer appliances and AC units, new custom designed doors and cabinets throughout the unit, quartz vanity in the bedroom, 16" tile on the lanai, along with hurricane windows and doors. Truly amazing rental income, allowing for daily rentals, continually one of the top income generators in The Colonnades. you can have a fabulous location on the quiet East End of Sanibel that's just 300 walking steps to the shell laden beach, a gorgeous turnkey condo and amazing rental revenue. Its going to be hard to find something else this perfect at this price!

Last Agent to Sell the Property

Brooke Brownyard

Kingfisher Real Estate, Inc. License #280500172 Listed on: 03/23/2020

Last Buyer's Agent

Brooke Brownyard

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,514

Year Built

  • Built in 1968

Lot Details

  • North Facing Home

Home Design

  • Entry on the 2nd floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 511 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • Ceiling Fan
  • Combination Dining and Living Room
  • Tile Flooring
  • Pool Views

Kitchen

  • Electric Cooktop
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

Parking

  • Common or Shared Parking
  • Driveway
  • Unpaved Parking
  • Assigned Parking

Pool

  • Concrete Pool
  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gunite Spa
  • Outside Bathroom Access

Outdoor Features

  • Deck
  • Screened Patio
  • Outdoor Grill
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Sewer Assessments
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 13 / 2300
  • Assessor Parcel Number 20-46-23-T3-02300.0130

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, cable TV, irrigation water, laundry, legal/accounting, ground maintenance, pest control, reserve fund, sewer, trash, water
  • 36 Units
  • Association Phone (239) 472-5151
  • Colonnades Condo Subdivision

Amenities

  • Laundry Facilities
  • Bike Room
  • Community Storage Space

Recreation

  • Community Beach Access
  • Community Pool

Pet Policy

  • Pets allowed on a case-by-case basis

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,514

Year Built

Built in 1968

Lot Details

6,316 Sq Ft Lot

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.145
  • Ownership: Condo
  • Subdivision Name: COLONNADES CONDO
  • Architectural Style: Two Story, Low Rise
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Low Rise
  • Year Built: 1968
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Spa Features: Electric Heat, Gunite, In Ground
  • Private Spa: Yes
  • Appliances: Electric Cooktop, Microwave, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Interior Amenities: Built-in Features, Living/Dining Room, Tub Shower, High Speed Internet
  • Living Area: 511.0
  • Stories: 2
  • Window Features: Impact Glass, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Features: Concrete, Electric Heat, Heated, In Ground, Community, Outside Bath Access
  • Pool Private: Yes
  • View: Pool
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Deck, Outdoor Grill
  • Patio And Porch Features: Deck, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Assigned, Common, Driveway, One Space, Unpaved

Utilities

  • Laundry Features: Common Area
  • Security: None, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Assessment Paid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Beach Rights, Beach Access, Bike Storage, Laundry, Pool, Storage
  • Phone: 239-472-5151
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Cable TV, Irrigation Water, Laundry, Legal/Accounting, Maintenance Grounds, Pest Control, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 20-46-23-T3-02300.0130
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 36

Tax Info

  • Tax Annual Amount: 2514.0
  • Tax Block: 2300
  • Tax Lot: 13
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2020
Closed on
Aug 19, 2020
Sold by
Rocco Francis J
Bought by
Hill Renee M
Seller's Agent
Brooke Brownyard
Kingfisher Real Estate, Inc.
Buyer's Agent
Brooke Brownyard
List Price
$315,000
Sold Price
$283,000
Premium/Discount to List
-$32,000
-10.16%
Current Estimated Value
$358,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,144
Avg. Annual Appreciation
4.32%

Purchase Details

Closed on
Dec 30, 2013
Sold by
Mullins Thoams W and Zugelder Julie K
Bought by
Rocco Francis J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
4.38%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 27, 2006
Sold by
Bartok Peter and Bartok Colleen J
Bought by
Mullins Thomas W and Zulgelder Julie K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
6.31%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 24, 2003
Sold by
Gotthold Phillip Mcivor
Bought by
Bartok Peter and Bartok Colleen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,500
Interest Rate
5.76%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Hill Renee M $283,000 Knight Barry Title Sln Inc
Rocco Francis J $150,000 Realty Title Services Of San
Mullins Thomas W $287,500 Realty Title Services Of San
Bartok Peter $195,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rocco Francis J $112,500
Previous Owner Mullins Thomas W $230,000
Previous Owner Bartok Peter $136,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/24/2020 08/24/20 Sold $283,000 -10.2% $554 / Sq Ft
07/25/2020 07/25/20 Pending -- -- --
03/23/2020 03/23/20 For Sale $315,000 -- $616 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 -- $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: Florida Gulf Coast Multiple Listing Service

MLS Number: 220022228

Florida Gulf Coast Multiple Listing Service

APN: 20-46-23-T3-02300.0130

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