NOT LISTED FOR SALE

409 E Gulf Dr Unit C8 Sanibel, FL 33957

Estimated Value: $196,000 - $426,496

1 Bed
1 Bath
600 Sq Ft
6,098 Sq Ft Lot

Last Sold August 22, 2016

Last sale price $218,500 $364 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,534/month

45 Days on Market

Highlights

  • Community Beach Access
  • Furnished
  • Porch
  • Sanibel Elementary School Rated A-
  • Community Pool
  • Screened Patio

About This Home

As of August 2016

Super nice ground floor unit in the much sought after Colony Resort complex. Very nicely furnished with two double beds in the bedroom, all white appliances with built in microwave and cute furnishings in living room and on lanai. The living room a/c unit is less than a year old – replaced in August, 2016. Terrific onsite management - the rental income is terrific – over $30,000 in 2015! Owners may have pets. Plus, it is just a short walk to the beach on either side of the complex. One of the best values on Sanibel!

Last Agent to Sell the Property

Lynda Traverso

VIP Realty Sanibel and Captiva License #280500085 Listed on: 06/07/2016

VIP Realty Sanibel and Captiva

Last Buyer's Agent

Lynda Traverso

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,118

Year Built

  • Built in 1968

Lot Details

  • North Facing Home
  • Zero Lot Line

Parking

  • Common or Shared Parking

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 600 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Range
  • Microwave

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Home Security

Outdoor Features

  • Screened Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace

Listing and Financial Details

  • Legal Lot and Block 8 / 2300
  • Assessor Parcel Number 20-46-23-T3-02300.0080

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management, legal/accounting, ground maintenance, pest control, recreation facilities, sewer, trash, water
  • 36 Units
  • Association Phone (239) 472-5151
  • Low-Rise Condominium
  • Colonnades Condo Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Laundry Facilities
  • Community Storage Space

Recreation

  • Community Beach Access
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,118

Year Built

Built in 1968

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.14
  • Ownership: Condo
  • Subdivision Name: COLONNADES CONDO
  • Directions: Left onto Periwinkle at 4-way stop. Right on East Gulf Drive. Colonades on left after first curve.
  • Architectural Style: Garden Home, Other, Low Rise
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Year Built: 1968
  • ResoBuildingAreaSource: SeeRemarks
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Microwave, Range, Refrigerator
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Interior Amenities: Living/Dining Room, Tub Shower
  • Living Area: 600.0
  • Stories: 2
  • Window Features: Sliding, Window Coverings
  • ResoLivingAreaSource: SeeRemarks

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Patio And Porch Features: Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Parking Features: Common

Utilities

  • Laundry Features: Common Area
  • Security: Smoke Detector(s)
  • Cooling: Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Condo Hotel Community
  • Amenities: Beach Access, Laundry, Barbecue, Picnic Area, Pool, Storage
  • Phone: 239-472-5151
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Sewer, Trash, Water

Lot Info

  • Parcel #: 20-46-23-T3-02300.0080
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 36

Tax Info

  • Tax Annual Amount: 2118.0
  • Tax Block: 2300
  • Tax Lot: 8
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2016
Closed on
Aug 22, 2016
Sold by
Reed Rhonda L
Bought by
Winke Robert W and Winke Teresa Winke
Seller's Agent
Lynda Traverso
VIP Realty Sanibel and Captiva
Buyer's Agent
Lynda Traverso
List Price
$229,000
Sold Price
$218,500
Premium/Discount to List
-$10,500
-4.59%
Current Estimated Value
$286,874

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,374
Avg. Annual Appreciation
3.01%

Purchase Details

Closed on
Jul 13, 2000
Sold by
Reed Craig S and Reed Rhonda L
Bought by
Reed Rhonda L
Source: Public Records

Range of Values:

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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
Winke Robert W $218,428 Realty Title Services Of San
Reed Rhonda L $46,700 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/22/2016 08/22/16 Sold $218,500 -4.6% $364 / Sq Ft
07/23/2016 07/23/16 Pending -- -- --
06/07/2016 06/07/16 For Sale $229,000 -- $382 / 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 $365 $24,575 -- $24,575
2024 $404 $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 -- $128,800 $0 $128,800
2013 -- $119,800 $0 $119,800
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2016

    Lynda Traverso

    VIP Realty Sanibel and Captiva

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216038360

Florida Gulf Coast Multiple Listing Service

APN: 20-46-23-T3-02300.0080

Florida Lee County Sanibel 33957

409 E Gulf Dr Unit C8, Sanibel, FL

This home is located at 409 E Gulf Dr Unit C8, Sanibel, FL 33957 since 07 June 2016 and is currently estimated at $286,874, approximately $478 per square foot. This property was built in 1968. 409 E Gulf Dr Unit C8 is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

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