NOT LISTED FOR SALE

4531 Cutlass Dr Captiva, FL 33924

Captiva Area

Estimated Value: $816,419

3 Beds
2.5 Baths
1,604 Sq Ft
$509/Sq Ft Est. Value

Sale Details

Date Sold: August 15, 2023

Last sale price $542,137 $338 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,126 / mo

442 Days on Market

Highlights

  • Community Beach Access
  • Deck
  • No HOA
  • Gulf View
  • Vaulted Ceiling
  • Porch

About This Home

As of August 2023

Significant damages from Hurricane Ian. Close to the beach with views of the Gulf from the living room, kitchen, and porch. There are three bedrooms, an extra bunk room sleeping space, and 2.5 baths with delightful island decor. The open, bright, and cheery great room has a full-wall Impact resistant sliding glass door that allows the outside porch living space to be combined with the interior, making for an even bigger dining and entertaining area. Relax inside and out, enjoying the tropical Gulf breezes.

Last Agent to Sell the Property

Mark Muller

Resort Properties Internationa License #280595610 Listed on: 05/29/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,485

Year Built

  • Built in 2001

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

  • Gulf
  • Woods

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,604 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Single Hung Windows
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Breakfast Bar
  • Range
  • Freezer
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Central Heating and Cooling System
  • Wall Furnace
  • Well
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 4 / 5
  • Assessor Parcel Number 05-45-21-17-00005.0040

Community Details

Overview

  • No Home Owners Association
  • Castaway Key Unrecorded Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,485

Year Built

Built in 2001

Lot Details

9,365 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.215
  • Lot Size: 75 x 125 x 75 x 125
  • Ownership: Single Family
  • 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. Turn right onto Cutlass Dr and the house will be on the left.
  • Architectural Style: Two Story
  • Carport Y N: No
  • Garage Yn: No
  • Unit Levels: Two
  • Building Stories: 2
  • Year Built: 2001
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Freezer, Disposal, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Interior Amenities: Breakfast Bar, Living/Dining Room, Tub Shower, Vaulted Ceiling(s)
  • Living Area: 1604.0
  • Stories: 2
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • View: Gulf, Landscaped, Partial, Trees/Woods
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: See Remarks, Vinyl Siding, Wood Frame
  • Direction Faces: North
  • Exterior Features: Deck, Outdoor Shower, Room For Pool
  • Patio And Porch Features: Deck, Porch, Screened
  • Roof: Metal

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric, Wall Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Beach Rights, Beach Access
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 05-45-21-17-00005.0040
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 6484.52
  • Tax Block: 5
  • Tax Lot: 4
  • Tax Year: 2021

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2022
Closed on
Aug 18, 2023
Sold by
Bought by
Seller's Agent
Mark Muller
Resort Properties Internationa
List Price
$1,200,000
Sold Price
$542,137
Premium/Discount to List
-$657,863
-54.82%
Views
102
Current Estimated Value
$816,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$274,282
Avg. Annual Appreciation
14.52%

Purchase Details

Listed on
Jan 4, 2012
Closed on
Mar 30, 2015
Sold by
Bought by
Seller's Agent
Mark Muller
Resort Properties Internationale LLC
Buyer's Agent
Mark Muller
Resort Properties Internationale LLC
List Price
$499,000
Sold Price
$365,000
Premium/Discount to List
-$134,000
-26.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.83%
Original Mortgage
$315,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.12%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 10, 2003
Sold by
Bought by

Purchase Details

Closed on
May 4, 2001
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 2000
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$542,200 None Listed On Document
$365,000 Attorney
$645,000 Executive Title Ins Svcs Inc
-- Sanibel Title Insurance Serv
$490,000 --
$402,500 --
$72,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $315,000
Previous Owner $400,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2023 12/01/23 Pending -- -- --
08/15/2023 08/15/23 Sold $542,137 -54.8% $338 / Sq Ft
05/29/2022 05/29/22 For Sale $1,200,000 +228.8% $748 / Sq Ft
03/26/2015 03/26/15 Sold $365,000 -26.9% $228 / Sq Ft View Prior Sale
02/11/2015 02/11/15 Pending -- -- --
01/04/2012 01/04/12 For Sale $499,000 -- $311 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,714 $575,500
2025 $7,714 $523,182
2024 $8,848 $475,620 $106,859 $368,761
2023 $8,848 $458,299 $0 $0
2022 $7,658 $416,635 $0 $0
2021 $6,485 $378,759 $50,000 $328,759
2020 $6,095 $347,222 $64,000 $283,222
2019 $6,344 $363,378 $64,000 $299,378
2018 $6,508 $366,615 $60,600 $306,015
2017 $6,250 $333,487 $59,400 $274,087
2016 $5,783 $297,738 $59,400 $238,338
2015 $5,791 $293,291 $59,400 $233,891
2014 $4,588 $261,595 $66,000 $195,595
2013 -- $323,602 $54,100 $269,502
Source: Public Records

Agents Affiliated with this Home

  • Mark Muller

    Seller's Agent in 2023

    Mark Muller

    Resort Properties Internationa

    (239) 246-0804

    153 Total Sales

    Mark Muller
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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 222040197

Florida Gulf Coast Multiple Listing Service

APN: 05-45-21-17-00005.0040

Florida Lee County Captiva 33924

4531 Cutlass Dr, Captiva, FL

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 2026 Southwest Florida Multiple Listing Service. All Rights Reserved

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