NOT LISTED FOR SALE

4511 Cutlass Dr Captiva, FL 33924

Estimated Value: $953,000 - $1,948,000

0.22 Acre
$6,071,273 Price per Acre
9,583 Sq Ft Lot

Last Sold December 30, 2019

Last sale price $42,000

Est. 3,109% increase in value since last sale

Current estimated payment $8,291/month

296 Days on Market

Highlights

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

About This Lot

As of December 2019

Interior island building lot within a quick ride to the beaches.

Last Agent to Sell the Property

Mark Muller

Resort Properties Internationa License #280595610 Listed on: 02/06/2019

Last Buyer's Agent

Mark Muller

Resort Properties Internationa License #280595610 Listed on: 02/06/2019

Property Details

Property Type

  • Land

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

Property Views

  • Gulf
  • Woods

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 05-45-21-17-00005.0060

Property Details

Property Type

Land

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 the ferry to North Captiva. Follow Bartlett Parkway to Rum Rd. Turn left onto Rum Road. Follow Rum Rd to Cutlass Dr. Turn right onto Cutlass Dr, lot will be on left.
  • Property Sub Type Additional: Residential,Unimproved Land
  • Special Features: None

Exterior Features

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

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated

Fee Information

  • Association Fee Includes: None

Lot Info

  • Current Use: Single Family
  • Parcel #: 05-45-21-17-00005.0060
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1112.0
  • Tax Block: 5
  • Tax Lot: 4
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 26, 2021
Sold by
Northwoods Investment Holdings Llc
Bought by
4511 Cutlass Property Llc
Current Estimated Value
$1,347,682

Purchase Details

Closed on
Jul 16, 2020
Sold by
Reichbach Jay A and Schultz Kimberly A
Bought by
Reichbach Jay A

Purchase Details

Listed on
Feb 6, 2019
Closed on
Dec 30, 2019
Sold by
Marina Araneda Evelyn
Bought by
Northwoods Investment Holdings Llc
Seller's Agent
Mark Muller
Resort Properties Internationa
Buyer's Agent
Mark Muller
Resort Properties Internationa
List Price
$62,500
Sold Price
$42,000
Premium/Discount to List
-$20,500
-32.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
83.48%

Purchase Details

Closed on
Apr 17, 2012
Sold by
Arboleda Carlos H and Arboleda Neiva M
Bought by
Araneda Evelyn Marina

Purchase Details

Closed on
Aug 10, 2004
Sold by
Jaquith Kenneth Raymond and Schedel Jaquith Susan E
Bought by
Arboleda Carlos H and Arboleda Neiva M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,100
Interest Rate
5.37%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 13, 2002
Sold by
Flitcroft David
Bought by
Schedel Jaquith Kenneth Raymond and Schedel Jaquith Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,250
Interest Rate
6.85%

Purchase Details

Closed on
Mar 9, 2001
Sold by
Ripple John E and Ripple Rosa
Bought by
Flitcroft David
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
4511 Cutlass Property Llc $503,600 Attorney
Reichbach Jay A -- Attorney
Northwoods Investment Holdings Llc $42,000 Attorney
Araneda Evelyn Marina $25,000 Attorney
Arboleda Carlos H $172,000 --
Schedel Jaquith Kenneth Raymond $95,000 --
Flitcroft David $47,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arboleda Carlos H $152,100
Previous Owner Schedel Jaquith Kenneth Raymond $72,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2019 12/30/19 Sold $42,000 0.0% --
12/30/2019 12/30/19 Sold $42,000 -32.8% $4 / Sq Ft
12/09/2019 12/09/19 Pending -- -- --
11/30/2019 11/30/19 Pending -- -- --
02/06/2019 02/06/19 For Sale $62,500 -10.7% --
02/03/2018 02/03/18 For Sale $70,000 -- $7 / Sq Ft
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 $12,046 $830,514 -- --
2023 $12,046 $755,013 $0 $0
2022 $10,096 $635,113 $132,500 $502,613
2021 $1,002 $50,000 $50,000 $0
2020 $1,210 $64,000 $64,000 $0
2019 $1,138 $64,000 $64,000 $0
2018 $1,112 $60,600 $60,600 $0
2017 $1,112 $59,400 $59,400 $0
2016 $962 $43,800 $43,800 $0
2015 $1,040 $46,125 $46,125 $0
2014 $878 $50,150 $50,150 $0
2013 -- $54,100 $54,100 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Muller

    Seller's Agent in 2019

    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: 219011322

Florida Gulf Coast Multiple Listing Service

APN: 05-45-21-17-00005.0060

Florida Lee County Captiva 33924

4511 Cutlass Dr, Captiva, FL

This home is located at 4511 Cutlass Dr, Captiva, FL 33924 since 06 February 2019 and is currently estimated at $1,335,680. 4511 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.

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