NOT LISTED FOR SALE

4481 Cutlass Dr Captiva, FL 33924

Estimated Value: $122,751 - $164,000

0.21 Acre
$689,751 Price per Acre
9,278 Sq Ft Lot

Last Sold May 25, 2023

Last sale price $135,000

Est. 43% increase in value since last sale

Current estimated payment $1,203/month

286 Days on Market

Highlights

  • Bay View
  • Sanibel Elementary School Rated A-
  • Rectangular Lot

About This Lot

As of May 2023

Excellent opportunity to own your own piece of Paradise! This lot has higher land elevations and is located on a quiet sandy island lane, within a short distance of the beach.

Last Agent to Sell the Property

Mark Muller

Resort Properties Internationa License #280595610 Listed on: 08/11/2022

Last Buyer's Agent

Mark Muller

Resort Properties Internationa License #280595610 Listed on: 08/11/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $971

Lot Details

  • 9,278 Sq Ft Lot
  • Lot Dimensions are 75 x 125 x 75 x 125
  • Property fronts a private road
  • North Facing Home
  • Rectangular Lot
  • Property is zoned RS-1

Property Views

  • Bay
  • Gulf

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • Castaway Key Unrecorded Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 5
  • Assessor Parcel Number 05-45-21-17-00005.0090

Property Details

Property Type

Land

Est. Annual Taxes

$971

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.213
  • Lot Size: 75 x 125 x 75 x 125
  • Road Frontage Type: Private Road
  • Subdivision Name: CASTAWAY KEY UNRECORDED SUBDIVISION
  • Directions: Take the ferry to North Captiva Island. Follow Bartlett Parkway to Rum Road. Turn left onto Rum Road. Follow Rum Road to Cutlass Drive. Turn right onto Cutlass Drive. The lot will be on the left.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Bay, Gulf, Partial
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Sewer: None
  • Utilities: Other, Sewer Not Available, Water Not Available
  • Water Source: None

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: None

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 05-45-21-17-00005.0090
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 971.0
  • Tax Block: 5
  • Tax Lot: 4
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2022
Closed on
May 25, 2023
Sold by
Ariemma Carrie
Bought by
Stroud Ryan and Rogers Leslie
Seller's Agent
Mark Muller
Resort Properties Internationa
Buyer's Agent
Mark Muller
Resort Properties Internationa
List Price
$165,000
Sold Price
$135,000
Premium/Discount to List
-$30,000
-18.18%
Views
82
Current Estimated Value
$193,350

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,350
Avg. Annual Appreciation
3.78%

Purchase Details

Listed on
Mar 30, 2021
Closed on
Jul 8, 2021
Sold by
Merrill Thomas A
Bought by
Ariemma Carrie
Seller's Agent
Mark Muller
Resort Properties Internationa
Buyer's Agent
Mark Muller
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.18%
Original Mortgage
$62,500
Interest Rate
2.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 27, 2014
Closed on
Aug 27, 2014
Sold by
Daley Margaret A and Miller Maureen
Bought by
Merrill Thomas A
Seller's Agent
Mark Muller
Resort Properties Internationale LLC
Buyer's Agent
Mark Muller
Resort Properties Internationale LLC
List Price
$65,000
Sold Price
$50,000
Premium/Discount to List
-$15,000
-23.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.27%
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
Stroud Ryan $135,000 None Listed On Document
Ariemma Carrie $125,000 Attorney
Merrill Thomas A $50,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ariemma Carrie $62,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2023 05/25/23 Sold $135,000 -18.2% --
05/25/2023 05/25/23 Pending -- -- --
08/11/2022 08/11/22 For Sale $165,000 +32.0% --
07/09/2021 07/09/21 Sold $125,000 -3.8% --
06/09/2021 06/09/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $130,000 +160.0% --
08/27/2014 08/27/14 Sold $50,000 -23.1% --
08/12/2014 08/12/14 Pending -- -- --
05/27/2014 05/27/14 For Sale $65,000 -- --
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
2024 $1,884 $105,722 $105,722 --
2023 $1,884 $118,043 $118,043 $0
2022 $2,105 $132,500 $132,500 $0
2021 $971 $50,000 $50,000 $0
2020 $1,200 $64,000 $64,000 $0
2019 $1,137 $64,000 $64,000 $0
2018 $1,110 $60,600 $60,600 $0
2017 $1,110 $59,400 $59,400 $0
2016 $960 $43,800 $43,800 $0
2015 $1,038 $46,125 $46,125 $0
2014 $738 $50,150 $50,150 $0
2013 -- $54,000 $54,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Muller

    Seller's Agent in 2023

    Mark Muller

    Resort Properties Internationa

    (239) 246-0804

    191 in this area

    214 Total Sales

    Mark Muller
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222059495

Florida Gulf Coast Multiple Listing Service

APN: 05-45-21-17-00005.0090

Florida Lee County Captiva 33924

4481 Cutlass Dr, Captiva, FL

This home is located at 4481 Cutlass Dr, Captiva, FL 33924 since 11 August 2022 and is currently estimated at $146,917. 4481 Cutlass Dr is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and South Fort Myers 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.

Florida Gulf Coast Multiple Listing Service The information is being provided by Southwest Florida Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2025 Southwest Florida Multiple Listing Service. All Rights Reserved

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