NOT LISTED FOR SALE

4334 W Gulf Dr Unit 3 Sanibel, FL 33957

Estimated Value: $2,176,000 - $2,875,659

1.03 Acres
$2,443,579 Price per Acre
44,867 Sq Ft Lot

Last Sold October 07, 2020

Last sale price $900,000 $20 Per Sq Ft

Est. 180% increase in value since last sale

Current estimated payment $15,735/month

294 Days on Market

About This Lot

As of October 2020

Exceptional homesite right across the street from the Gulf of Mexico. This one acre plus lot is at the end of West Gulf Drive and backs up to conservation land for total privacy. City will allow 15,125 sq. ft. of coverage to accommodate a large home, pool and tennis court. The lot is cleared and ready to go! Deeded beach access for the Lane Cochrane Subdivision is across the street from the lot for easy access to the Gulf of Mexico. Ask listing agent for survey and plat map of the Lane Cochran Subdivision. There is a sign on the property so feel free to walk the lot. Just imagine your Sanibel home in this exclusive location.

Last Agent to Sell the Property

Charles Andrews

RE/MAX Of The Islands License #365436 Listed on: 11/07/2019

Last Buyer's Agent

Robin Humphrey

VIP Realty Sanibel and Captiva License #446939

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $12,013

Lot Details

  • 1.03 Acre Lot
  • Lot Dimensions are 116 x380
  • Street terminates at a dead end
  • Cleared Lot

Community Details

  • No Home Owners Association
  • Lane Cochran Subdivision

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 29-46-22-T1-00200.0030

Property Details

Property Type

Land

Est. Annual Taxes

$12,013

Lot Details

0

Listing Details

  • Subdivision Name: Lane-Cochran
  • Class: Vacant Land
  • Property Type: Vacant Land
  • Legal Description: LANE-COCHRAN S/D PB 44 PG 57 LOT 3
  • Strap Number: 29-46-22-T1-00200.0030
  • Subject To F I R P T A: No
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per S Q F T: 873786.41

Exterior Features

  • Waterfront: None/Not Applicable
  • Coastal Construction: Not Applicable
  • View: Sanctuary
  • Ground Cover: Cleared
  • Roads: Dead End

Utilities

  • Sewer: City
  • Water: City

Condo/Co-op/Association

  • HOA: No
  • Master Association Disp: $0/

Association/Amenities

  • Community Amenities: None/Not Applicable

Lot Info

  • Acres: 1.03
  • Geo Update Timestamp: 2019-11-07
  • Geo Address Line: 4334 W Gulf Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Frontage: 116
  • Lot Number: 3
  • Lot Size: 116 X380
  • Lot Size Irregular: No
  • Lot Sq Ft: 44664
  • Zoning: res
  • Deed Restrictions: On Record
  • Lot Features: Dead End
  • Lot Size Feature: 1 - 2 Acres
  • Survey Year: 2001
  • Survey Year Disp: Y-2001
  • Usage: Single Family

Tax Info

  • Tax Amount: 12013
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2019
Closed on
Oct 7, 2020
Sold by
Meyers Russell C and Meyers Maria P
Bought by
Marilyn E Morris Living Trust and Morris
Seller's Agent
Charles Andrews
RE/MAX Of The Islands
Buyer's Agent
Robin Humphrey
VIP Realty Sanibel and Captiva
List Price
$989,000
Sold Price
$900,000
Premium/Discount to List
-$89,000
-9%
Current Estimated Value
$2,516,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,616,886
Avg. Annual Appreciation
23.25%

Purchase Details

Closed on
Apr 23, 2015
Sold by
Millard Christopher J
Bought by
Meyers Russell C and Maria Meyers P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
3.95%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
May 8, 2002
Sold by
Levering Robert S
Bought by
Millard Christopher Joseph

Purchase Details

Closed on
Jul 17, 2001
Sold by
Levering Robert S
Bought by
Levering Robert

Purchase Details

Closed on
Mar 2, 1998
Sold by
Lane Richard Harbeson and May Elizabeth L
Bought by
Levering Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,500
Interest Rate
6.99%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Marilyn E Morris Living Trust $900,000 Superior Title Services
Meyers Russell C $840,000 Realty Title Services Of San
Millard Christopher Joseph $598,000 --
Levering Robert -- --
Levering Robert S $302,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Meyers Russell C $588,000
Previous Owner Levering Robert S $226,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/07/2020 10/07/20 Sold $900,000 -9.0% $20 / Sq Ft
08/27/2020 08/27/20 Pending -- -- --
11/07/2019 11/07/19 For Sale $989,000 -- $22 / 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
2024 $25,520 $1,604,564 -- --
2023 $13,524 $678,120 $678,120 $0
2022 $13,162 $924,550 $0 $0
2021 $11,952 $840,500 $840,500 $0
2020 $12,109 $840,500 $840,500 $0
2019 $12,206 $840,500 $840,500 $0
2018 $12,013 $840,500 $840,500 $0
2017 $10,856 $715,041 $715,041 $0
2016 $10,827 $700,400 $700,400 $0
2015 $6,764 $425,700 $425,700 $0
2014 $6,454 $401,625 $401,625 $0
2013 -- $444,900 $444,900 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2191042

Sanibel & Captiva Islands Association of REALTORS®

APN: 29-46-22-T1-00200.0030