NOT LISTED FOR SALE

485 E Gulf Dr Sanibel, FL 33957

Estimated Value: $1,022,000 - $2,947,675

3 Beds
3.5 Baths
2,288 Sq Ft
$792/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $1,950,000 $852 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $12,409/month

87 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Vaulted Ceiling
  • Sanibel Elementary School Rated A-
  • Deck
  • Hydromassage or Jetted Bathtub

About This Home

As of April 2020

Rare opportunity to own a Gulf front “home” on the East End. Breathtaking views with soaring ceilings and lots of upgrades. 3 Bedrooms, 3.5 baths plus den/office. Private elevator. Updated kitchen open to living/dining area. Screened lanai with custom wet bar, refrigerator and grill. Master suite with large bathroom and closet, screened lanai with fantastic Gulf views. Huge sundeck off master suite. New paint throughout, new porcelain plank flooring and carpeting. Generous covered deck on lower level. Electric storm shutters. Oversized 2-car garage. Private entrance, storage, swimming pool. Totally wind mitigated. All new in last 18 months: All A/C compressors, air handlers, new plank tile floors and carpeting, new paint, new kitchen countertops. Landscaping to be upgraded in January. Furnished! A must see!

Last Agent to Sell the Property

James Hall

VIP Realty Sanibel and Captiva License #280500128 Listed on: 01/03/2020

VIP Realty Sanibel and Captiva

Last Buyer's Agent

Tina DiCharia

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $20,417

Year Built

  • Built in 1982

Lot Details

  • Property fronts gulf or ocean
  • North Facing Home
  • Zero Lot Line

HOA Fees

  • $2,000 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Entry on the 2nd floor
  • Wood Frame Construction
  • Built-Up Roof
  • Wood Siding

Interior Spaces

  • 2,288 Sq Ft Home
  • 2-Story Property
  • Elevator
  • Partially Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Electric Shutters
  • Sliding Windows
  • Open Floorplan
  • Loft
  • Gulf Views

Kitchen

  • Breakfast Bar
  • Range
  • Warming Drawer
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Hydromassage or Jetted Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

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

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 485 / 3100
  • Assessor Parcel Number 20-46-23-T3-03100.4850

Community Details

Overview

  • Association fees include management, insurance, legal/accounting, ground maintenance, pest control, recreation facilities, reserve fund, sewer, trash, water
  • 4 Units
  • Association Phone (239) 472-5020
  • Tigua Cay Condo Subdivision

Recreation

  • Community Beach Access
  • Community Pool

Pet Policy

  • Call for details about the types of pets allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$20,417

Year Built

Built in 1982

Lot Details

0

HOA Fees

$2,000 per month

Parking

2

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: TIGUA CAY CONDO
  • Architectural Style: Garden Home, Two Story
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1982
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Townhouse
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Warming Drawer, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Bar, Bathtub, Family/Dining Room, Jetted Tub, Living/Dining Room, Pantry, Separate Shower, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Elevator, Loft, Split Bedrooms
  • Living Area: 2288.0
  • Stories: 2
  • Window Features: Sliding
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Zero Lot Line
  • Pool Features: Community
  • Pool Private: No
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Disclosures: Deed Restriction
  • Construction Type: Wood Siding, Wood Frame
  • Direction Faces: North
  • Exterior Features: Deck, Outdoor Grill, Patio, Storage, Shutters Electric
  • Patio And Porch Features: Balcony, Deck, Open, Patio, Porch, Screened
  • Property Condition: Resale
  • Roof: Built-Up, Flat

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: None
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Beach Rights, Beach Access, Pool
  • Association Fee: 6000.0
  • Association Fee Frequency: Quarterly
  • Phone: 239-472-5020
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Association Management, Insurance, Legal/Accounting, Maintenance Grounds, Pest Control, Recreation Facilities, Reserve Fund, Sewer, Trash, Water

Lot Info

  • Parcel #: 20-46-23-T3-03100.4850
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 20417.0
  • Tax Block: 3100
  • Tax Lot: 485
  • Tax Year: 2018

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2021
Sold by
Rosen Bruce
Bought by
Rosen Bruce and Seder Diane L
Current Estimated Value
$1,812,169

Purchase Details

Listed on
Jan 3, 2020
Closed on
Apr 30, 2020
Sold by
Bowman William B and Bowman Mary J
Bought by
Rosen Bruce and Seder Diane L
Seller's Agent
James Hall
VIP Realty Sanibel and Captiva
Buyer's Agent
Tina DiCharia
List Price
$2,295,000
Sold Price
$1,950,000
Premium/Discount to List
-$345,000
-15.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.32%

Purchase Details

Closed on
Dec 29, 2006
Sold by
High Point Place Lp
Bought by
Bowman William D and Bowman Mary J

Purchase Details

Closed on
Apr 17, 2006
Sold by
Roach Charles G and Roach Nancy O
Bought by
Bowman William D and Bowman Mary J

Purchase Details

Closed on
Mar 1, 2004
Sold by
Mayer Frank W and Mayer Patricia A
Bought by
Roach Charles G and Roach Nancy O

Purchase Details

Closed on
Dec 19, 1996
Sold by
Mayer Frank W and Mayer Patricia Ann
Bought by
Mayer Frank W and Mayer Patricia A

Purchase Details

Closed on
Mar 15, 1995
Sold by
Fisher Dean L
Bought by
Mayer Frank W and Mayer Patricia Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
8.81%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Rosen Bruce -- Accommodation
Rosen Bruce -- Accommodation
Rosen Bruce -- Attorney
Rosen Bruce $1,950,000 Title Group Services
Bowman William D $537,800 Attorney
Bowman William D $663,700 Attorney
Bowman William D $1,800,000 Barrier Island Title Service
Roach Charles G $1,665,000 Sunbelt Title Agency
Mayer Frank W $10,000 --
Mayer Frank W -- --
Mayer Frank W $600,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mayer Frank W $480,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2020 04/30/20 Sold $1,950,000 -15.0% $852 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
01/03/2020 01/03/20 For Sale $2,295,000 -- $1,003 / 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
2025 $11,082 $745,714 -- $745,714
2024 $11,082 $1,039,050 -- --
2023 $22,015 $1,503,655 $0 $1,503,655
2022 $20,237 $1,454,723 $0 $1,454,723
2021 $16,241 $1,116,817 $0 $1,116,817
2020 $16,224 $1,102,238 $0 $1,102,238
2019 $17,867 $1,208,020 $0 $1,208,020
2018 $20,417 $1,354,985 $0 $1,354,985
2017 $21,049 $1,366,290 $0 $1,366,290
2016 $20,153 $1,293,689 $0 $1,293,689
2015 $18,729 $1,160,600 $0 $1,160,600
2014 -- $1,096,000 $0 $1,096,000
2013 -- $982,800 $0 $982,800
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    James Hall

    VIP Realty Sanibel and Captiva

    Section Image

  • T

    Buyer's Agent in 2020

    Tina DiCharia

See All Agents

Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220000828

Florida Gulf Coast Multiple Listing Service

APN: 20-46-23-T3-03100.4850

Florida Lee County Sanibel 33957

485 E Gulf Dr, Sanibel, FL

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