NOT LISTED FOR SALE

4560 Cutlass Dr Captiva, FL 33924

Estimated Value: $1,278,822 - $2,259,000

4 Beds
4.5 Baths
2,526 Sq Ft
$701/Sq Ft Est. Value

Last Sold May 01, 2017

Last sale price $1,140,000 $451 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $10,531/month

402 Days on Market

Highlights

  • Community Beach Access
  • Boat Dock
  • Bay View
  • Sanibel Elementary School Rated A-
  • Heated In Ground Pool
  • Two Primary Bedrooms

About This Home

As of May 2017

“Las Palmas”, welcomes you into a front hall with a mosaic floors designed and executed by local artist The residence features 3 floors of living space accented by an oak stairwell accompanied by an ELEVATOR from the ground level to fourth floor. The upper level features a totally open living space with 10 ft + ceilings, high impact windows, sprinkler system, built in wall unit housing a wide screen TV and a gas fireplace, Gourmet Kitchen, wine cooler and newly installed reverse osmosis system. Dining room lines the whole view side of the living area with doors and windows out to the screen deck for views of the Gulf of Mexico. The first, second and third level includes I Bedroom and 2 Master Suites with en-suite baths one with a whirlpool tub, guest bedroom, and 1 other room to accommodate guests. Four Full baths, one ½ bath Exterior cast aluminum fire escape and spiral up to Widow`s walk for Spectacular Views. Saltwater oversized pool and spill over spa outdoor shower, fish cleaning table, and garage. Private beach access is included. Landscaped and irrigation system and Fire department direct connect. Rental potential is excellent!

Last Agent to Sell the Property

Carolyn Creagh

Islander Realty License #258020600 Listed on: 02/23/2016

Last Buyer's Agent

Carolyn Creagh

Islander Realty License #258020600 Listed on: 02/23/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,797

Year Built

  • Built in 2004

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 100 x 125 x 100 x 125
  • Property fronts a private road
  • West Facing Home
  • Oversized Lot
  • Sprinkler System
  • Property is zoned RS-1

Parking

  • 1 Car Attached Garage
  • 1 Detached Carport Space

Property Views

  • Bay
  • Gulf

Home Design

  • Stilt Home
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Metal Roof
  • Wood Siding

Interior Spaces

  • 2,526 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Furnished
  • Built-In Features
  • Bar
  • Fireplace
  • Casement Windows
  • Entrance Foyer
  • Formal Dining Room

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Wine Cooler
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Double Master Bedroom
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Heated In Ground Pool
  • Heated Spa
  • Fiberglass Pool
  • Saltwater Pool
  • Above Ground Spa
  • Outdoor Shower

Outdoor Features

  • Balcony
  • Deck
  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Well
  • Water Purifier
  • Septic Tank
  • High Speed Internet
  • Satellite Dish

Listing and Financial Details

  • Legal Lot and Block 4 / 4
  • Assessor Parcel Number 05-45-21-17-00004.0030

Community Details

Overview

  • No Home Owners Association
  • Association fees include internet, irrigation water
  • Castaway Key Unrecorded Subdivision

Recreation

  • Boat Dock
  • Community Beach Access
  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,797

Year Built

Built in 2004

Lot Details

0

Parking

1

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.32
  • Lot Size: 100 x 125 x 100 x 125
  • Road Frontage Type: Private Road
  • Ownership: Single Family
  • Subdivision Name: CASTAWAY KEY UNRECORDED SUBDIVISION
  • Directions: Take Ferry to North Captiva Island from Pine Island, arrive at North Captiva Barnacles, 
Go North on Point house trail then West on Sea air Lane South on Spanish Gold through to Harbor Bend, 
South on Rum Rd. Take Cutlass Rd West, House is on the Right
  • Architectural Style: Multi-Level, Stilt
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Year Built: 2004
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Spa Features: Above Ground, Electric Heat
  • Private Spa: Yes
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Wine Cooler, Water Purifier, Washer
  • Other Equipment: Satellite Dish
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Interior Amenities: Wet Bar, Built-in Features, Bedroom on Main Level, Bathtub, Separate/Formal Dining Room, Entrance Foyer, Fireplace, Jetted Tub, Kitchen Island, Multiple Master Suites, Separate Shower, Bar, Walk-In Closet(s), Elevator, High Speed Internet
  • Living Area: 2526.0
  • Stories: 3
  • Window Features: Casement Window(s), Impact Glass, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Oversized Lot, Sprinklers Automatic
  • Pool Features: Fiberglass, Electric Heat, Heated, In Ground, Salt Water
  • Pool Private: Yes
  • View: Bay, Gulf
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Frame, Wood Siding
  • Direction Faces: West
  • Exterior Features: Deck, Security/High Impact Doors, Sprinkler/Irrigation, Outdoor Shower, Storage
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony, Deck, Porch, Screened
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.0
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 1.0
  • Parking Features: Attached, Garage, Detached Carport

Utilities

  • Laundry Features: Inside
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Water Source: Well

Condo/Co-op/Association

  • Community Features: Boat Facilities, Tennis Court(s)
  • Amenities: Beach Access
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Internet, Irrigation Water

Lot Info

  • Parcel #: 05-45-21-17-00004.0030
  • Zoning Description: RS-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 8797.0
  • Tax Block: 4
  • Tax Lot: 4
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 23, 2016
Closed on
May 1, 2017
Sold by
Murphy Eugene A and Murphy Ann G
Bought by
Mcdonald Timothy and Mcdonald Katherine
Seller's Agent
Carolyn Creagh
Islander Realty
Buyer's Agent
Carolyn Creagh
Islander Realty
List Price
$1,450,000
Sold Price
$1,140,000
Premium/Discount to List
-$310,000
-21.38%
Current Estimated Value
$1,771,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$631,706
Avg. Annual Appreciation
5.17%

Purchase Details

Closed on
Sep 25, 2003
Sold by
Fischer Glenn L and Fischer Laurel J
Bought by
Murphy Eugene A and Murphy Ann G

Purchase Details

Closed on
Oct 6, 2000
Sold by
Lazy Bay Resorts Inc
Bought by
Fischer Glenn L and Fischer Laurel J
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

Date Buyer Sale Price Title Company
Mcdonald Timothy $1,140,000 Attorney
Mcdonald Timothy -- None Available
Murphy Eugene A $1,010,000 --
Fischer Glenn L $130,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2017 05/01/17 Sold $1,140,000 -21.4% $451 / Sq Ft
04/01/2017 04/01/17 Pending -- -- --
02/23/2016 02/23/16 For Sale $1,450,000 -- $574 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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
2025 $15,861 $138,984 $138,974 $10
2024 $17,698 $1,002,343 -- --
2023 $17,698 $911,221 $0 $0
2022 $15,329 $828,383 $0 $0
2021 $12,993 $753,075 $113,500 $639,575
2020 $12,212 $689,609 $113,500 $576,109
2019 $12,726 $721,882 $113,500 $608,382
2018 $13,163 $728,356 $129,600 $598,756
2017 $8,716 $451,863 $0 $0
2016 $8,653 $565,025 $108,000 $457,025
2015 $8,797 $531,915 $108,000 $423,915
2014 $7,153 $436,005 $120,000 $316,005
2013 -- $558,918 $76,200 $482,718
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216013730

Florida Gulf Coast Multiple Listing Service

APN: 05-45-21-17-00004.0030