NOT LISTED FOR SALE

4520 Cutlass Dr Captiva, FL 33924

Estimated Value: $155,586 - $288,000

0.22 Acre
$937,922 Price per Acre
9,453 Sq Ft Lot

Last Sold May 02, 2021

Last sale price $120,000

Est. 70% increase in value since last sale

Current estimated payment $1,301/month

Highlights

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

About This Lot

As of May 2021

Excellent island building lot located in an area of newer homes. Just a short walk or golf cart ride from the beach access points.

Last Agent to Sell the Property

Mark Muller

Resort Properties Internationa License #280595610 Listed on: 05/02/2021

Last Buyer's Agent

Mark Muller

Resort Properties Internationa License #280595610 Listed on: 05/02/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,210

Lot Details

  • 9,453 Sq Ft Lot
  • Lot Dimensions are 75 x 125 x 75 x 125
  • Property fronts a private road
  • South Facing Home
  • Rectangular Lot
  • Property is zoned RS-1

Property Views

  • Bay
  • Gulf

Community Details

  • Castaway Key Unrecorded Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / 4
  • Assessor Parcel Number 05-45-21-17-00004.0070

Property Details

Property Type

Land

Est. Annual Taxes

$1,210

Lot Details

0

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 0.217
  • 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 Dr. The lot will be on the right.
  • 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: South

Utilities

  • Sewer: See Remarks
  • Utilities: Other
  • 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 #: 05-45-21-17-00004.0070
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 1210.0
  • Tax Block: 4
  • Tax Lot: 4
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2021
Closed on
May 25, 2021
Sold by
Rooney Alec and Rooney Jennifer A
Bought by
Bickel John R and Bickel Crystal D
Seller's Agent
Mark Muller
Resort Properties Internationa
Buyer's Agent
Mark Muller
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-4%
Total Days on Market
0
Current Estimated Value
$203,529

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,529
Avg. Annual Appreciation
12.67%

Purchase Details

Closed on
Jan 30, 2013
Sold by
Grossinger Jared R
Bought by
Rooney Alec and Rooney Ronney Jennifer

Purchase Details

Closed on
Jul 16, 2004
Sold by
Rosella Paul Henry Lee and Rosella Paul
Bought by
Grossinger Jared R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 21, 1998
Sold by
Childs Matthew S and Childs Anne Marie Lenton
Bought by
Rosella Paul Henry Lee and Rosella Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,400
Interest Rate
6.92%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Bickel John R $120,000 Attorney
Rooney Alec $55,000 Attorney
Grossinger Jared R $160,000 Executive Title Ins Svcs Inc
Rosella Paul Henry Lee $38,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Grossinger Jared R $136,000
Previous Owner Rosella Paul Henry Lee $30,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2021 05/02/21 Sold $120,000 -4.0% --
05/02/2021 05/02/21 For Sale $125,000 -- --
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 $1,911 $107,996 $107,996 --
2023 $1,911 $119,239 $119,239 $0
2022 $2,115 $132,500 $132,500 $0
2021 $981 $50,000 $50,000 $0
2020 $1,210 $64,000 $64,000 $0
2019 $1,140 $64,000 $64,000 $0
2018 $1,114 $60,600 $60,600 $0
2017 $1,115 $59,400 $59,400 $0
2016 $964 $43,800 $43,800 $0
2015 $1,043 $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: 221030620

Florida Gulf Coast Multiple Listing Service

APN: 05-45-21-17-00004.0070