NOT LISTED FOR SALE

4491 Cutlass Dr Captiva, FL 33924

Estimated Value: $1,101,484 - $2,085,000

0.22 Acre
$6,718,732 Price per Acre
9,583 Sq Ft Lot

Last Sold January 17, 2017

Last sale price $70,000

Est. 2,012% increase in value since last sale

Current estimated payment $9,181/month

282 Days on Market

Highlights

  • View of Trees or Woods
  • Sanibel Elementary School Rated A-
  • Rectangular Lot

About This Lot

As of January 2017

Interior island building lot within close walking distance to the beach. Seller Financing is Available!

Last Agent to Sell the Property

Mark Muller

Resort Properties Internationa License #280595610 Listed on: 03/10/2016

Last Buyer's Agent

Mark Muller

Resort Properties Internationa License #280595610 Listed on: 03/10/2016

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $981

Lot Details

  • 9,583 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

Additional Features

  • Views of Woods
  • Sewer Not Available

Community Details

  • Castaway Key Unrecorded Subdivision

Listing and Financial Details

  • Legal Lot and Block 8 / 5
  • Assessor Parcel Number 05-45-21-17-00005.0080

Property Details

Property Type

Land

Est. Annual Taxes

$981

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.22
  • Lot Size: 75 x 125 x 75 x 125
  • Road Frontage Type: Private Road
  • Subdivision Name: CASTAWAY KEY UNRECORDED SUBDIVISION
  • Directions: Take ferry to North Captiva. Follow Bartlett Parkway to Rum Road. Turn left onto Rum Road. Follow Rum Road to Cutlass Dr. Turn right onto Cutlass Drive, lot will be on left.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

  • Lot Features: Rectangular Lot
  • View: Trees/Woods
  • Waterfront Features: None
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Sewer: None
  • Utilities: None, Sewer Not Available
  • Water Source: See Remarks

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 05-45-21-17-00005.0080
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 981.0
  • Tax Block: 5
  • Tax Lot: 8
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2016
Closed on
Jan 10, 2017
Sold by
Haring Susanne
Bought by
Anderson Anders
Seller's Agent
Mark Muller
Resort Properties Internationa
Buyer's Agent
Mark Muller
Resort Properties Internationa
List Price
$85,000
Sold Price
$70,000
Premium/Discount to List
-$15,000
-17.65%
Current Estimated Value
$1,478,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,408,121
Avg. Annual Appreciation
42.39%

Purchase Details

Closed on
May 18, 2011
Sold by
Gillman Jerry L and Bowman Duane
Bought by
Haring Susanne

Purchase Details

Closed on
Jun 30, 2005
Sold by
Riechjay Corp
Bought by
Gillman Jerry L and Bowman Duane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2001
Sold by
Macmurdo James B
Bought by
Riechjay Corp

Purchase Details

Closed on
Sep 8, 2000
Sold by
Barnhart Leal J
Bought by
Macmurdo James B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
8.05%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 1999
Sold by
Mobile Land & Title Co
Bought by
Barnhart Leal J
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
Anderson Anders $70,000 None Available
Haring Susanne $23,500 Attorney
Gillman Jerry L $180,000 --
Riechjay Corp $49,000 --
Macmurdo James B $32,000 --
Barnhart Leal J $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Andersson Andres $760,500
Previous Owner Gillman Jerry L $157,500
Previous Owner Macmurdo James B $26,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2017 01/17/17 Sold $70,000 -17.6% --
12/18/2016 12/18/16 Pending -- -- --
03/10/2016 03/10/16 For Sale $85,000 -- --
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 $13,720 $760,682 -- --
2023 $13,720 $691,529 $0 $0
2022 $11,880 $628,663 $0 $0
2021 $10,021 $585,676 $50,000 $535,676
2020 $9,191 $515,171 $64,000 $451,171
2019 $1,211 $64,000 $64,000 $0
2018 $1,184 $60,600 $60,600 $0
2017 $1,115 $59,400 $59,400 $0
2016 $964 $43,800 $43,800 $0
2015 $981 $46,125 $46,125 $0
2014 -- $50,150 $50,150 $0
2013 -- $54,200 $54,200 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216018930

Florida Gulf Coast Multiple Listing Service

APN: 05-45-21-17-00005.0080