NOT LISTED FOR SALE

4318 W Gulf Dr Unit 1A Sanibel, FL 33957

Estimated Value: $2,913,000 - $3,409,343

2.3 Acres
$1,332,103 Price per Acre
100,188 Sq Ft Lot

Last Sold March 07, 2014

Last sale price $635,000

Est. 382% increase in value since last sale

Current estimated payment $19,782/month

393 Days on Market

Highlights

  • Partial Gulf or Ocean Views
  • Sanibel Elementary School Rated A-
  • Wooded Lot

About This Lot

As of March 2014

A little over 2 acres, this provides the discerning buyer with a West Gulf Drive address, access to the Gulf via an easement across the street and the comfort of knowing that your backyard backs up to a nature preserve.

Last Agent to Sell the Property

Marlene Donaldson

VIP Realty Sanibel and Captiva License #577201 Listed on: 02/04/2013

Last Buyer's Agent

Kenneth Colter

Michael Saunders & Company License #507996

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,379

Lot Details

HOA Fees

  • $29 Monthly HOA Fees

Additional Features

  • Partial Bay or Harbor Views
  • Wooded Lot

Community Details

  • Sea Gate Subdivision

Listing and Financial Details

  • Tax Lot 1A
  • Assessor Parcel Number 29-46-22-T2-00400.0010

Property Details

Property Type

Land

Est. Annual Taxes

$7,379

Lot Details

0

HOA Fees

$29 per month

Listing Details

  • Subdivision Name: Sea Gate
  • Class: Vacant Land
  • Property Type: Vacant Land
  • Legal Description: SEA GATE PB 30 PG 138 LOT 1 + PARL OR 1693 PG 1400 AKA LOT 1A
  • Strap Number: 29-46-22-T2-00400.0010
  • Folio Id: 10023698
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Coastal Construction: Not Applicable
  • View: Part Gulf View, Sanctuary, Other Add Agt Note
  • Ground Cover: Wooded
  • Roads: Paved, Public

Utilities

  • Sewer: City
  • Water: City, Meter

Condo/Co-op/Association

  • Association Fees Disp: Yes - $350/Annually
  • Association Fee: 350
  • Association Fee Period: Annually
  • HOA: Yes
  • Master Association Disp: $0/0

Lot Info

  • Geo Update Timestamp: 2019-07-16
  • Geo Address Line: 4318 W Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 1A
  • Lot Size: IRREGULAR
  • Elevation: 3+ Ft, Other Add Agt Note
  • Lot Features: Build to Suit, Plated, Survey Avail, Wetlands
  • Lot Size Feature: 100ft or + Front, 2 - 5 Acres
  • Survey Year: 2010
  • Survey Year Disp: Yes - 2010
  • Usage: Single Family

Tax Info

  • Tax Amount: 7379
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 9, 2025
Sold by
Diana Lynn Tolin Smith Trust and Smith Julie A
Bought by
Markovich John M and Markovich Debra A
Current Estimated Value
$3,063,836

Purchase Details

Closed on
Jun 15, 2018
Sold by
Forty Three Sixteen Llc
Bought by
Smith Diana Lynn Tolin and Diana Lynn Tolin Smith Trust

Purchase Details

Listed on
Feb 4, 2013
Closed on
Mar 7, 2014
Sold by
Halloran Mark and Halloran Rosemarie
Bought by
Forty Three Sixteen Llc
Seller's Agent
Marlene Donaldson
VIP Realty Sanibel and Captiva
Buyer's Agent
Kenneth Colter
Michael Saunders & Company
List Price
$1,250,000
Sold Price
$635,000
Premium/Discount to List
-$615,000
-49.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.68%

Purchase Details

Closed on
Jul 9, 2010
Sold by
Weaver John P
Bought by
Halloran Mark and Halloran Rosemarie

Purchase Details

Closed on
Aug 19, 2005
Sold by
Bjorkedal Olaf A and Bjorkedal Tamara J
Bought by
Weaver John P and Weaver Shara Dee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$725,000
Interest Rate
5.61%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 6, 2004
Sold by
Northwest Arkansas Accommodators Llc
Bought by
Bjorkedal Olaf A and Bjorkedal Tamara J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,250
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 23, 2004
Sold by
Allen Douglas W and Allen Shandria L
Bought by
Allen Douglas W and Allen Shandria L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$599,250
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 12, 2000
Sold by
Mccmahon Brian W and Mcmahon Elizabeth Coleman
Bought by
Sagely John

Purchase Details

Closed on
Jul 15, 1996
Sold by
Mayer Gerald and Mayer Gerald M
Bought by
Mcmahon Brian W and Mcmahon Elizabeth Coleman
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
Markovich John M $2,600,000 None Listed On Document
Smith Diana Lynn Tolin -- Attorney
Forty Three Sixteen Llc $635,000 Title Group Services
Halloran Mark $600,000 Attorney
Weaver John P $1,025,000 --
Bjorkedal Olaf A $799,000 --
Allen Douglas W -- --
Sagely John $470,000 --
Mcmahon Brian W $240,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Smith Diana Lynn Tolin $449,500
Previous Owner Weaver John P $725,000
Previous Owner Bjorkedal Olaf A $599,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2014 03/07/14 Sold $635,000 -49.2% --
03/04/2014 03/04/14 Pending -- -- --
02/04/2013 02/04/13 For Sale $1,250,000 -- --
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
2024 $37,106 $2,502,998 -- --
2023 $40,536 $2,275,453 $0 $0
2022 $32,692 $2,068,594 $0 $0
2021 $27,101 $1,880,540 $973,000 $907,540
2020 $26,135 $1,790,206 $973,000 $817,206
2019 $26,873 $1,828,133 $973,000 $855,133
2018 $25,810 $1,842,731 $973,000 $869,731
2017 $25,181 $1,844,343 $825,000 $1,019,343
2016 $22,966 $1,616,511 $825,000 $791,511
2015 $7,970 $500,850 $500,850 $0
2014 $7,592 $472,500 $472,500 $0
2013 -- $451,000 $451,000 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2014

    Marlene Donaldson

    VIP Realty Sanibel and Captiva

  • K

    Buyer's Agent in 2014

    Kenneth Colter

    Michael Saunders & Company

    (239) 851-1357

    4 in this area

    4 Total Sales

    Kenneth Colter
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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2130177

Sanibel & Captiva Islands Association of REALTORS®

APN: 29-46-22-T2-00400.0010

Florida Lee County Sanibel 33957

4318 W Gulf Dr Unit 1A, Sanibel, FL

This home is located at 4318 W Gulf Dr Unit 1A, Sanibel, FL 33957 since 04 February 2013 and is currently estimated at $3,063,836. 4318 W Gulf Dr Unit 1A is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Sanibel & Captiva Islands Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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