NOT LISTED FOR SALE

417 Bella Vista Way E Sanibel, FL 33957

Estimated Value: $1,826,000 - $2,249,000

4 Beds
4 Baths
3,340 Sq Ft
$600/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $2,000,000 $599 Per Sq Ft

Current estimated payment $13,049/month

205 Days on Market

Highlights

  • Beach Access
  • Property fronts gulf or ocean
  • Gated Community
  • Sanibel Elementary School Rated A-
  • In Ground Pool
  • Beach House

About This Home

As of May 2024

Enjoy stunning views of the Gulf of Mexico from this beautiful free-standing island home located inside one of Sanibel's only gated communities. With views of the South Florida coastline to the east and wide open water to the west, this home offers a spectacular beach- front location. From sunrise to sunset and into the night, the views are magnificent. South-eastern exposure creates an abundance of natural light. The elevated living space is elegant and inviting and the private elevator provides ease and convenience. The well appointed kitchen is open to the formal dining area both of which flow seamlessly to the living room, sun room, and screened porch. The primary suite has a spacious and luxurious bathroom and a private sun deck which also offers breathtaking Gulf views. This home sustained damage from Ian but has been extensively remediated. The kitchen, bathrooms, and much of the living space are intact. This is an amazing opportunity to purchase a Gulf-front home and make it your own spectacular island paradise.

Last Agent to Sell the Property

Jennifer McSorley

Pfeifer Realty Group LLC License #3139956 Listed on: 10/14/2023

Last Buyer's Agent

OTHER OTHER

Other

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,827

Year Built

  • Built in 1989

Lot Details

  • 5,895 Sq Ft Lot
  • Lot Dimensions are 98 x 43
  • Property fronts gulf or ocean
  • Property fronts a private road
  • Cul-De-Sac
  • Southeast Facing Home

HOA Fees

  • $667 Monthly HOA Fees

Parking

  • Tuck Under Parking

Home Design

  • Beach House
  • Elevated Home
  • Frame Construction
  • Metal Roof
  • Wood Trim

Interior Spaces

  • 3,340 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Tray Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace
  • Sliding Windows
  • Combination Dining and Living Room
  • Den
  • Sun or Florida Room
  • Screened Porch
  • Storage Room
  • Wood Flooring
  • Gulf Views
  • Fire and Smoke Detector

Kitchen

  • Built-In Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Beach Access
  • Zoned Heating and Cooling

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 20-46-23-T3-03700.0120

Community Details

Overview

  • Island Management Association, Phone Number (239) 472-5020
  • Colony Beach Estates Subdivision

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,827

Year Built

Built in 1989

Lot Details

0

HOA Fees

$667 per month

Listing Details

  • Subdivision Name: Colony Beach Estates
  • Class: Residential
  • Property Type: Single Family
  • Design: Beach House, Two Story
  • Legal Description: COLONY BEACH ESTS PH-II PB 42 PG 17 LOT 12
  • Strap Number: 20-46-23-T3-03700.0120
  • Subject To F I R P T A: No
  • Year Built: 1989
  • Miscellaneous: Beach Access
  • Folio Id: 10126291
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Elevator: Yes
  • Price Per S Q F T: 598.8
  • Total Sq Ft: 5756
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Laundry Tub, Microwave, Refrigerator, Smoke Detector(s), Wall Oven Elec, Washer
  • Estimated Living Sq Ft: 3340
  • Bathrooms: 4
  • Bathrooms Display: 4/0
  • Bedrooms: 4
  • Ceiling: Tray Ceiling
  • Den: Yes
  • Fireplace: Yes
  • Flooring: Wood Floor, See Remarks
  • Furnished: No
  • Furnishing: Unfurnished
  • Primary Bathroom: Dbl Sinks, Shower Only
  • Master Bedroom: 2nd Floor, Porch, Walk-In Closet
  • Windows: Skylight, Sliding

Exterior Features

  • Waterfront: Gulf
  • Waterfront: Yes
  • Coastal Construction: Behind 1974
  • Ext Fin Trim: Trim Wood
  • Pool: Yes
  • View: Direct Gulf
  • Roads: Controlled Access, Cul-de-Sac, Paved, Private
  • Construction Stat: Elevated, Frame, Piling Wood
  • Pool Description: Below Ground, Spa
  • Rear Exposure: Southeast
  • Roof: Metal

Garage/Parking

  • Parking: Under Bldg, See Remarks

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Central Air/Cooling, Zoned 2 Cooling
  • Heating: Central Heat

Condo/Co-op/Association

  • Association Fee: 2000
  • Association Fee Period: Quarterly
  • Association Management: Island Management
  • Management Company Phone: 239-472-5020
  • HOA: Yes

Association/Amenities

  • Community Amenities: Gated, No Rentals

Lot Info

  • Acres: 0.14
  • Geo Update Timestamp: 2023-10-14
  • Geo Address Line: 417 Bella Vista Way E
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Depth: 98
  • Lot Frontage: 43
  • Lot Number: 12
  • Lot Size Irregular: No
  • Lot Sq Ft: 5895
  • Lot Sq Ft Source: CRS Tax
  • Survey: No

Rental Info

  • Rental: No
  • Rent History: Rentals are not allowed in this community per recorded documents.
  • Rent Type: Other Add Agt Note

Tax Info

  • Tax Amount: 20827
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2023
Closed on
May 15, 2024
Sold by
Rhomberg Rosemary and Rosemary Rhomberg Revocable Trust
Bought by
Herrick James R and Herrick Christine
Seller's Agent
Jennifer McSorley
Pfeifer Realty Group LLC
Buyer's Agent
OTHER OTHER
Other
List Price
$2,900,000
Sold Price
$2,000,000
Premium/Discount to List
-$900,000
-31.03%
Views
67
Current Estimated Value
$2,005,095

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,095
Avg. Annual Appreciation
0.18%

Purchase Details

Closed on
May 4, 2005
Sold by
Rhomberg Gerald A and Rhomberg Rosemary N
Bought by
Rhomberg Rosemary and Rhomberg Gerald A

Purchase Details

Closed on
Mar 2, 1998
Sold by
Powers Barbara A
Bought by
Rhomberg Gerald A and Rhomberg Rosemary N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.01%
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
Herrick James R $2,000,000 Superior Title Services
Rhomberg Rosemary -- --
Rhomberg Gerald A $1,139,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rhomberg Gerald A $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/15/2024 05/15/24 Sold $2,000,000 -20.0% $599 / Sq Ft
05/06/2024 05/06/24 Pending -- -- --
03/11/2024 03/11/24 Price Changed $2,499,900 -13.8% $748 / Sq Ft
10/14/2023 10/14/23 For Sale $2,900,000 -- $868 / 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 $22,386 $2,312,418 $1,447,092 $785,517
2024 $22,386 $1,547,128 $916,268 $573,415
2023 $21,694 $1,524,182 $0 $0
2022 $20,110 $1,479,788 $0 $0
2021 $20,305 $2,141,531 $1,425,000 $716,531
2020 $20,256 $1,416,851 $0 $0
2019 $19,934 $1,384,996 $0 $0
2018 $19,967 $1,359,172 $0 $0
2017 $19,995 $1,331,216 $0 $0
2016 $19,925 $2,232,488 $1,425,000 $807,488
2015 $20,317 $2,322,969 $950,000 $1,372,969
2014 -- $1,829,588 $800,000 $1,029,588
2013 -- $1,637,236 $561,100 $1,076,136
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2230922

Sanibel & Captiva Islands Association of REALTORS®

APN: 20-46-23-T3-03700.0120