$890,000
SOLD APR 7, 2016

497 E Gulf Dr Unit 4 Sanibel, FL 33957

2 Beds
2.5 Baths
1,356 Sq Ft
3,485 Sq Ft Lot

Recently Sold

$656 Per Sq Ft

5% Below List Price

38 Days on Market

Highlights

  • Beach Front
  • Community Beach Access
  • Vaulted Ceiling
  • Sanibel Elementary School Rated A-
  • Gulf View
  • Bike Room

About This Home

As of August 2018

Paradise found at this direct gulf beach frontage end-unit townhouse at the convenient east end of tropical Sanibel Island. St. Croix has only four units sharing over 100ft of beachfront land extending from East Gulf Drive to the famous southern exposure shelling sands. A private boardwalk and pathway leads through the seagrape-covered dune to where you and your closest loved ones will create unimaginable lifelong memories. Far enough away to avoid the crowds, yet an easy walking distance to world famous Sanibel Lighthouse. Bring your deposit check, because you are going to fall in love with this unit when you see the view! Main level features an updated kitchen with stainless appliances, living room, half bath, and screened balcony lanai with wet bar. Upper level includes two bedrooms, two baths, laundry, and a never-want-to-leave screened balcony from the master suite. Impact rated windows and electric shutters for both balconies. Quarterly condo fees are surprisingly low. Call now!

Last Agent to Sell the Property

Trae Zipperer

Trae Zipperer Realty License #258003878 Listed on: 01/29/2016

Last Buyer's Agent

Ann Gee

John Gee & Company, Inc. License #280500579

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,746

Year Built

  • Built in 1984

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 102 x 350 x 102 x 350
  • Beach Front
  • Property fronts gulf or ocean
  • North Facing Home
  • Sprinkler System

HOA Fees

  • $529 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Stilt Home
  • Pillar, Post or Pier Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,356 Sq Ft Home
  • 2-Story Property
  • Partially Furnished
  • Tray Ceiling
  • Vaulted Ceiling
  • Ceiling Fan
  • Electric Shutters
  • Combination Dining and Living Room
  • Gulf Views

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • Fire and Smoke Detector

Outdoor Features

  • Outdoor Shower
  • Balcony
  • Screened Patio
  • Outdoor Storage
  • Porch

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • High Speed Internet

Listing and Financial Details

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

Community Details

Overview

  • Association fees include insurance, irrigation water, ground maintenance, pest control, reserve fund, trash
  • St Croix Subdivision

Amenities

  • Bike Room
  • Community Storage Space

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,746

Year Built

Built in 1984

Lot Details

0

HOA Fees

$529 per month

Parking

1

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.08
  • Lot Size: 102 x 350 x 102 x 350
  • Road Surface Type: Paved
  • Ownership: Condo
  • Subdivision Name: ST CROIX
  • Directions: Summerlin Rd to left on Periwinkle to right on East Gulf Drive to St. Croix on left side.
  • Architectural Style: Other, Two Story, Stilt
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Townhouse
  • Year Built: 1984
  • ResoBuildingAreaSource: Plans
  • Property Sub Type Additional: Townhouse
  • Special Features: None
  • Stories: 2

Interior Features

  • Furnished: Partially
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Tray Ceiling(s), Closet Cabinetry, Dual Sinks, High Speed Internet, Living/Dining Room, Shower Only, Separate Shower, Upper Level Master, Vaulted Ceiling(s), Walk-In Closet(s)
  • Living Area: 1356.0
  • Stories: 2
  • Window Features: See Remarks, Impact Glass
  • ResoLivingAreaSource: Plans

Exterior Features

  • Lot Features: See Remarks, Sprinklers Automatic
  • Pool Private: No
  • View: Gulf, Water
  • View: Yes
  • Waterfront Features: Beach Front, Gulf
  • Waterfront: Yes
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: North
  • Exterior Features: Sprinkler/Irrigation, Outdoor Shower, Storage, Shutters Electric, Shutters Manual
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Balcony, Porch, Screened
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Parking Features: Assigned, Attached, Underground, Garage, One Space

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights
  • Amenities: Beach Access, Bike Storage, Storage
  • Association Fee: 1588.0
  • Association Fee Frequency: Quarterly
  • Phone: 1111111111
  • Association: Yes
  • Pets Allowed: Call, Conditional
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Insurance, Irrigation Water, Maintenance Grounds, Pest Control, Reserve Fund, Trash

Lot Info

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

Multi Family

  • Number Of Units In Community: 4

Tax Info

  • Tax Annual Amount: 5746.0
  • Tax Block: 3200
  • Tax Lot: 4
  • Tax Year: 2015

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
2.52%
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: 216004157

Florida Gulf Coast Multiple Listing Service

APN: 20-46-23-T3-03200.0040