Seller's Agent in 2021
Mark Muller
Resort Properties Internationa
(239) 246-0804
191 in this area
214 Total Sales
4501 Cutlass Dr Captiva, FL 33924
Estimated Value: $755,000 - $1,131,000
3
Beds
2.5
Baths
1,444
Sq Ft
$644/Sq Ft
Est. Value
Highlights
- Bay View
- Vaulted Ceiling
- Balcony
- Sanibel Elementary School Rated A-
- No HOA
- Porch
About This Home
As of January 2021Picturesque island home with gorgeous travertine marble floors throughout. This well-framed reverse floorplan home was just painted a lively island-style blue. Views across the island to the Gulf of Mexico and to Pine Island Sound from the third story lookout room and deck. The covered screen porch is the perfect spot for relaxing and watching the sunset sky, just off the living area. A full kitchen plus dining bar with solid surface countertops. Lots of cabinetry and pantry space for storage. The bedroom level offers three bedrooms plus a bonus 4th sleeping space. The top mezzanine level could also be used as a 5th sleeping space. This home offers excellent upgrades like hardie board siding, metal roof, and some impact-resistant windows and doors. This home will be going, going, gone soon.
Last Agent to Sell the Property
Resort Properties Internationa License #280595610 Listed on: 07/28/2020
Last Buyer's Agent
Resort Properties Internationa License #280595610 Listed on: 07/28/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $7,060
Year Built
- Built in 2002
Lot Details
- 9,365 Sq Ft Lot
- Lot Dimensions are 75 x 125 x 75 x 125
- North Facing Home
- Rectangular Lot
- Property is zoned RS-1
Property Views
- Bay
- Gulf
Home Design
- Wood Frame Construction
- Metal Roof
Interior Spaces
- 1,444 Sq Ft Home
- 2-Story Property
- Partially Furnished
- Vaulted Ceiling
- Ceiling Fan
- Single Hung Windows
- Combination Dining and Living Room
- Tile Flooring
Kitchen
- Breakfast Bar
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Shower Only
- Separate Shower
Laundry
- Dryer
- Washer
Outdoor Features
- Balcony
- Screened Patio
- Porch
Utilities
- Central Heating and Cooling System
- Well
- Septic Tank
Community Details
- No Home Owners Association
- Castaway Key Unrecorded Subdivision
Listing and Financial Details
- Legal Lot and Block 4 / 5
- Assessor Parcel Number 05-45-21-17-00005.0070
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 28, 2020
Closed on
Jan 12, 2021
Sold by
Reichbach Jay A
Bought by
4501 Cutlass Llc
Seller's Agent
Mark Muller
Resort Properties Internationa
Buyer's Agent
Mark Muller
List Price
$499,000
Sold Price
$492,500
Premium/Discount to List
-$6,500
-1.3%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$437,873
Avg. Annual Appreciation
14.59%
Purchase Details
Closed on
Aug 15, 2002
Sold by
Cooper Charles and Markey Charlene
Bought by
Reichbach Jay A and Reichbach Kimberley A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,400
Interest Rate
6.53%
Purchase Details
Closed on
May 4, 2001
Sold by
Haines Timothy and Haines Kathy S
Bought by
Cooper Charles and Markey Charlene
Purchase Details
Closed on
Jun 22, 1998
Sold by
Hoblit Don L and Hoblit David L
Bought by
Haines Timothy and Haines Kathy S
Purchase Details
Closed on
Jul 19, 1994
Sold by
Slater Michael A and Slater Edward M
Bought by
Hoblit Don L and Stirling Dian D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$24,700
Interest Rate
8.26%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 4501 Cutlass Llc | $492,500 | Attorney | |
| Reichbach Jay A | $463,000 | -- | |
| Cooper Charles | $42,000 | -- | |
| Haines Timothy | $35,000 | -- | |
| Hoblit Don L | $38,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Reichbach Jay A | $500,000 | |
| Previous Owner | Reichbach Jay A | $370,400 | |
| Previous Owner | Hoblit Don L | $24,700 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/12/2021 01/12/21 | Sold | $492,500 | -1.3% | $341 / Sq Ft |
| 12/13/2020 12/13/20 | Pending | -- | -- | -- |
| 07/28/2020 07/28/20 | For Sale | $499,000 | -- | $346 / Sq Ft |
Source: Florida Gulf Coast Multiple Listing Service
Tax History Compared to Growth
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 | $11,836 | $801,591 | -- | -- |
| 2023 | $11,836 | $728,719 | $0 | $0 |
| 2022 | $10,320 | $662,472 | $132,500 | $529,972 |
| 2021 | $7,290 | $424,602 | $50,000 | $374,602 |
| 2020 | $6,772 | $386,791 | $64,000 | $322,791 |
| 2019 | $7,060 | $405,367 | $64,000 | $341,367 |
| 2018 | $6,935 | $408,598 | $60,600 | $347,998 |
| 2017 | $6,777 | $389,206 | $59,400 | $329,806 |
| 2016 | $6,239 | $342,018 | $43,800 | $298,218 |
| 2015 | $5,770 | $294,798 | $46,125 | $248,673 |
| 2014 | $4,477 | $258,701 | $50,150 | $208,551 |
| 2013 | -- | $243,596 | $54,100 | $189,496 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Muller
Map
Source: Florida Gulf Coast Multiple Listing Service
MLS Number: 220046995
APN: 05-45-21-17-00005.0070
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.
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
Nearby Homes
- 4471 Cutlass Dr
- 4490 Conch Shell Dr
- 4511 Conch Shell Dr
- 4541 Conch Shell Dr
- 4460 Smugglers Dr
- 4501 Schooner Dr
- 4511 Schooner Dr
- 327 Useppa Island
- 1124 Longifolia Ct
- 218 Useppa Island
- 12637 S Banks Dr
- 326 Useppa
- 4450 Oyster Shell Dr Unit 3
- 4430 Conch Shell Dr
- 4500 Butterfly Shell Dr
- 4440 Oyster Shell Dr
- 4440 Oyster Shell Dr Unit 3
- 4491 Butterfly Shell Dr
- 631 Rum Rd
- 621 Rum Rd
- 4511 Cutlass Dr
- 4491 Cutlass Dr
- 4540 Cutlass Dr
- 4581 Cutlass Dr
- 4500 Conch Shell Dr
- 4500 Cutlass Dr
- 4510 Conch Shell Dr
- 4521 Cutlass Dr
- 4510 Cutlass Dr Unit 8
- 4510 Cutlass Dr
- 4481 Cutlass Dr
- 4481 Cutlass Dr Unit 9
- 4490 Cutlass Dr
- 4520 Conch Shell Dr
- 4470 Conch Shell Dr Unit 9
- 4480 Conch Shell Dr Unit 8
- 4480 Conch Shell Dr
- 4470 Conch Shell Dr
- 4471 Conch Shell Dr
- 4531 Conch Shell Dr