NOT LISTED FOR SALE

500 Sawgrass Place Sanibel, FL 33957

Estimated Value: $3,742,000 - $7,350,000

6 Beds
11 Baths
9,462 Sq Ft
$558/Sq Ft Est. Value

Last Sold April 30, 2020

Last sale price $2,000,000 $211 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $31,874/month

140 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Vaulted Ceiling
  • Sanibel Elementary School Rated A-
  • 4.24 Acre Lot
  • Wood Flooring

About This Home

As of April 2020

Majestic, private and a secluded setting on many acres on Sanibel Island, Florida. Nestled within its own island environment this unique property offers a family compound second to none. Neighboring conservation acreage yet steps to the beach from a private access, this retreat invites a beautiful contemporary and beach ambiance with a private tennis court with a brilliant and impressive outdoor pool and entertainment areas. The architectural designed home offers a stunning Euro influence with a total of 8 bedrooms/ 8 baths and 3 half baths with a magnificent gourmet kitchen and living areas. Wonderful verandas and open porches. Newer roof. New all weather decking. Beautifully maintained resort style gardens. A very special and exclusive offering for the astute clientele that appreciates quality, rare and unique opportunities.

Last Agent to Sell the Property

Trevor Nette

Royal Shell Real Estate, Inc. License #280500151 Listed on: 11/11/2019

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Eric Pfeifer

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,245

Year Built

  • Built in 1992

Lot Details

  • 4.24 Acre Lot
  • Cul-De-Sac
  • Southwest Facing Home

Parking

  • 2 Car Attached Garage
  • 3 Attached Carport Spaces

Home Design

  • Metal Roof

Interior Spaces

  • 9,462 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Shutters
  • Bay Window
  • Tennis Court Views
  • Dryer

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Split Bedroom Floorplan
  • Dual Sinks

Outdoor Features

  • In Ground Pool
  • Open Patio
  • Outdoor Kitchen
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 5 / 500
  • Assessor Parcel Number 28-46-22-T3-00500.0050

Community Details

Overview

  • No Home Owners Association
  • Huschka Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,245

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 4.239
  • Co List Office Mls Id: PREFP
  • Ownership: Single Family
  • Subdivision Name: HUSCHKA
  • Architectural Style: Multi-Level, Other
  • Carport Y N: Yes
  • Garage Yn: Yes
  • Year Built: 1992
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator
  • Full Bathrooms: 8
  • Half Bathrooms: 3
  • Total Bedrooms: 6
  • Flooring: Tile, Wood
  • Interior Amenities: Breakfast Area, Dual Sinks, Eat-in Kitchen, See Remarks, Vaulted Ceiling(s), Split Bedrooms
  • Living Area: 9462.0
  • Stories: 2
  • Window Features: Bay Window(s), Other
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Cul-De-Sac
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Landscaped, Tennis Court
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: See Remarks
  • Direction Faces: Southwest
  • Exterior Features: Outdoor Kitchen, Shutters Manual
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 3.0
  • Covered Parking Spaces: 5.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage, 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

  • Amenities: Beach Rights, Beach Access
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 28-46-22-T3-00500.0050
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 24245.0
  • Tax Block: 500
  • Tax Lot: 5
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 11, 2019
Closed on
Apr 30, 2020
Sold by
Leatherwood David P and Leatherwood Loretta E
Bought by
Evans Grayson Brent
Seller's Agent
Trevor Nette
Royal Shell Real Estate, Inc.
Buyer's Agent
Eric Pfeifer
List Price
$3,495,000
Sold Price
$2,000,000
Premium/Discount to List
-$1,495,000
-42.78%
Current Estimated Value
$5,447,996

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,447,996
Avg. Annual Appreciation
18.76%
Original Mortgage
$1,600,000
Outstanding Balance
$1,431,993
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$3,526,154

Purchase Details

Closed on
Nov 17, 2005
Sold by
Baumler Helga
Bought by
Leatherwood David P and Leatherwood Loretta E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,706,250
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2005
Sold by
Strehle Gerhard and Strehle Gabriele
Bought by
Wohrl Family Holdings Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,706,250
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2005
Sold by
Baumler Helga
Bought by
Wohrl Family Holdings Ltd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,706,250
Interest Rate
5.5%
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
Evans Grayson Brent $2,000,000 Assured Title Services Llc
Leatherwood David P $1,312,500 Barrier Island Title Service
Leatherwood David P $1,312,500 Barrier Island Title Service
Wohrl Family Holdings Ltd -- None Available
Wohrl Family Holdings Ltd -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Evans Grayson Brent $1,600,000
Previous Owner Leatherwood David P $1,706,250
Previous Owner Leatherwood David P $393,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2020 04/30/20 Sold $2,000,000 -42.8% $211 / Sq Ft
03/31/2020 03/31/20 Pending -- -- --
11/11/2019 11/11/19 For Sale $3,495,000 -- $369 / 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 $24,542 $1,771,613 -- --
2023 $24,542 $1,720,013 $0 $0
2022 $22,705 $1,669,916 $0 $0
2021 $22,929 $1,793,184 $523,540 $1,269,644
2020 $24,495 $1,711,091 $510,800 $1,200,291
2019 $25,255 $1,751,384 $510,800 $1,240,584
2018 $26,050 $1,769,219 $510,800 $1,258,419
2017 $29,663 $1,967,980 $425,700 $1,542,280
2016 $30,149 $1,965,226 $441,873 $1,523,353
2015 $33,340 $2,114,397 $447,722 $1,666,675
2014 $37,490 $2,350,124 $427,853 $1,922,271
2013 -- $1,571,149 $395,914 $1,175,235
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219074420

Florida Gulf Coast Multiple Listing Service

APN: 28-46-22-T3-00500.0050