$941,250
SOLD AUG 29, 2018

497 E Gulf Dr Unit 4 Sanibel, FL 33957

2 Beds
2.5 Baths
1,162 Sq Ft
3,311 Sq Ft Lot

Recently Sold

$810 Per Sq Ft

5% Below List Price

149 Days on Market

Highlights

  • Community Beach Access
  • Property fronts gulf or ocean
  • Electric Shutters
  • Sanibel Elementary School Rated A-
  • Balcony
  • Porch

About This Home

As of August 2018

LOW DENSITY SETTING FOR UNDER $1,000,000. PERFECT GULF FRONT HOME for buyer looking for QUIET low density setting. Rare Offering St Croix! Just four townhomes directly on the beach. St. Croix has only four units sharing over 100ft of beachfront. A private boardwalk and pathway leads through the seagrape-covered dune to the beautiful gulf beach. Located on the East end of Sanibel close to the Lighthouse Cafe, Pinocchio's Ice Cream, and the famous Sanibel Lighthouse. Updated kitchen with stainless steel appliances and updated bathrooms. Screened balcony on main level with wet bar. Screened balcony from the master suite. Both balconies have breathtaking gulf views. Easy on and off location just minutes to the Causeway. Condo fees are surprisingly low.

Last Agent to Sell the Property

Ann Gee

John Gee & Company, Inc. License #280500579 Listed on: 03/02/2018

Last Buyer's Agent

Brian Johnson

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,912

Year Built

  • Built in 1984

Lot Details

  • Property fronts gulf or ocean
  • North Facing Home

Parking

  • 1 Attached Carport Space

Home Design

  • Tile Roof
  • Stucco

Interior Spaces

  • 1,162 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Electric Shutters
  • Sliding Windows
  • Open Floorplan
  • Gulf Views

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 4 / 3200
  • Assessor Parcel Number 20-46-23-T3-03200.0040

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance, ground maintenance, pest control
  • 4 Units
  • Association Phone (239) 313-9591
  • Low-Rise Condominium
  • St Croix Subdivision

Recreation

  • Community Beach Access

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,912

Year Built

Built in 1984

Lot Details

0

Listing Details

  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: ST CROIX
  • Architectural Style: Other, Low Rise
  • Carport Y N: Yes
  • Entry Level: 1
  • Garage Yn: No
  • Year Built: 1984
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Condominium
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Family/Dining Room, Living/Dining Room, See Remarks, Shower Only, Separate Shower, Upper Level Master
  • Living Area: 1162.0
  • Stories: 1
  • Window Features: Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: See Remarks
  • Pool Private: No
  • View: Gulf
  • View: Yes
  • Waterfront Features: Gulf
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Storage, Shutters Electric
  • Patio And Porch Features: Balcony, Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Carport Spaces: 1.0
  • Covered Parking Spaces: 1.0
  • Parking Features: Attached Carport

Utilities

  • Laundry Features: Inside
  • 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 Access
  • Phone: 239-313-9591
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Maintenance Grounds, Pest Control

Lot Info

  • Parcel #: 20-46-23-T3-03200.0040
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 13912.0
  • Tax Block: 3200
  • Tax Lot: 4
  • Tax Year: 2017

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2018
Closed on
Aug 28, 2018
Sold by
Anderson Gregory H and Kressly Susan J
Bought by
Furry John D and Furry Barbara
Seller's Agent
Ann Gee
John Gee & Company, Inc.
Buyer's Agent
Brian Johnson
List Price
$995,000
Sold Price
$941,250
Premium/Discount to List
-$53,750
-5.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.53%
Original Mortgage
$705,900
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 29, 2016
Closed on
Apr 7, 2016
Sold by
Petersen M John
Bought by
Anderson Gregory H and Kressly Susan J
Seller's Agent
Trae Zipperer
Trae Zipperer Realty
Buyer's Agent
Ann Gee
John Gee & Company, Inc.
List Price
$935,000
Sold Price
$890,000
Premium/Discount to List
-$45,000
-4.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.37%
Original Mortgage
$665,000
Interest Rate
3.62%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 12, 2010
Sold by
Petersen M John and Petersen Shirley A
Bought by
Petersen M John and The M John Petersen Trust

Purchase Details

Closed on
Aug 28, 2001
Sold by
M J Petersen & Assoc Ltd
Bought by
Petersen M John and Petersen Shirley A
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 Type Sale Price Title Company
Warranty Deed $941,250 Superior Title Svcs Of Sanib
Warranty Deed $890,000 Attorney
Interfamily Deed Transfer -- None Available
Warranty Deed $200,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $693,800 New Conventional
Closed $705,900 New Conventional
Previous Owner $665,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2025 05/08/25 For Sale $1,499,000 +59.3% $1,020 / Sq Ft
08/29/2018 08/29/18 Sold $941,250 -5.4% $810 / Sq Ft
07/30/2018 07/30/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $995,000 +11.8% $856 / Sq Ft
04/07/2016 04/07/16 Sold $890,000 -4.8% $656 / Sq Ft
03/08/2016 03/08/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $935,000 -- $690 / 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 $13,370 $788,614 -- $788,614
2023 $13,370 $893,953 $0 $893,953
2022 $15,602 $1,103,232 $0 $0
2021 $14,725 $1,002,938 $0 $1,002,938
2020 $14,717 $990,803 $0 $990,803
2019 $13,837 $923,780 $0 $923,780
2018 $14,126 $924,588 $0 $924,588
2017 $13,912 $890,000 $0 $890,000
2016 $5,650 $928,834 $0 $928,834
2015 $5,746 $909,300 $0 $909,300
2014 $5,747 $757,700 $0 $757,700
2013 -- $363,600 $0 $363,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 218017427

Florida Gulf Coast Multiple Listing Service

APN: 20-46-23-T3-03200.0040