NOT LISTED FOR SALE

501 Sea Walk Ct Sanibel, FL 33957

Estimated Value: $936,160 - $1,769,000

3 Beds
2 Baths
1,922 Sq Ft
$613/Sq Ft Est. Value

Last Sold December 23, 2014

Last sale price $790,000 $411 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,306/month

619 Days on Market

Highlights

  • Community Beach Access
  • Heated In Ground Pool
  • Vaulted Ceiling
  • Sanibel Elementary School Rated A-
  • Deck
  • Beach House

About This Home

As of December 2014

Beautiful custom built, one owner Key West Style Island Home. Unique architectural features inside and out. Immaculately maintained. No liens and ready for immediate occupancy. Prime location on a quiet cul-de-sac only one lot from deeded pathway to beach access #1. Completely furnished, plus elevator, heated pool, fireplace, off-kitchen grilling deck, lanai, in-ground irrigation, hide-a-way parking area for your RV or boat, and an enclosed ground-level storage area with exceptional three-stall garage. Talk about living in paradise! Lush tropical, landscaping...pick from your own mini plantation everyday: bananas, mangos, oranges, limes, and fresh avocados.

Last Agent to Sell the Property

Linda Gornick

VIP Realty Sanibel and Captiva License #659769 Listed on: 03/29/2013

Last Buyer's Agent

Jennifer Berry

Royal Shell Real Estate, Inc. License #674776

Royal Shell Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,323

Year Built

  • Built in 1996

Lot Details

  • Lot Dimensions are 100 x 125
  • Cul-De-Sac
  • Partially Fenced Property
  • Interior Lot

Home Design

  • Beach House
  • Elevated Home
  • Poured Concrete
  • Frame Construction
  • Metal Roof
  • Wood Trim
  • Vinyl Trim

Interior Spaces

  • 1,922 Sq Ft Home
  • Elevator
  • Furnished
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Awning
  • Shutters
  • Single Hung Wood Windows
  • Sliding Windows
  • Living Room
  • Dining Room
  • Workshop
  • Storage Room
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Dressing Area
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Shower Only
  • Window or Skylight in Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • Laundry Tub

Parking

  • 3 Car Garage
  • Tuck Under Parking
  • Automatic Garage Door Opener

Pool

  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool
  • Pool Equipment Stays

Outdoor Features

  • Deck
  • Lanai
  • Outdoor Storage
  • Porch

Utilities

  • Zoned Heating and Cooling
  • Internet Available

Listing and Financial Details

  • Tax Lot 42
  • Assessor Parcel Number 28-46-22-T3-00800.0420

Community Details

Overview

  • No Home Owners Association
  • Sea Oats Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,323

Year Built

Built in 1996

Lot Details

0

Listing Details

  • Subdivision Name: Sea Oats
  • Class: Residential
  • Property Type: Single Family
  • Design: Beach House, Great Room, Old Florida, Split Bedrooms
  • Legal Description: SEA OATS UNIT 1 PB 29 PG 81 LOT 42
  • Strap Number: 28-46-22-T3-00800.0420
  • Year Built: 1996
  • Miscellaneous: Beach Access, Fireplace Wood, Wood Deck
  • Folio Id: 10023505
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Price Per S Q F T: 411.03
  • Total Sq Ft: 4640
  • Appliances: Dishwasher, Disposal, Dryer, Internet Ready, Laundry Tub, Microwave, Range Electric, Refrigerator-Ice maker, Smoke Detector(s), Washer
  • Estimated Living Sq Ft: 1922
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 3
  • Ceiling: 10+ Ft Ceilings, Vaulted Ceiling
  • Den: No
  • Fireplace: Yes
  • Flooring: Carpet, Tile Floor
  • Furnished Disp: Yes - Exceptions,Window Cov-All
  • Furnished: Yes
  • Furnishing: Exceptions, Window Cov-All
  • Primary Bathroom: Carpet, Dbl Sinks, Dbl Vanity, Shower Only, Skylight, Walk-In Closet
  • Master Bedroom: Carpet, Dressing Rm, First Floor
  • Windows: Awning(s), Shutters, Single Hung, Sliding

Exterior Features

  • Waterfront: No
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Trim Wood, Vinyl
  • Pool: Yes
  • View: Sanctuary
  • Roads: Cul-de-Sac, Paved, Public
  • Construction Stat: Const. Complete, Elevated, Frame, Piling Wood, Poured Concrete
  • Pool Description: Below Ground, Electric Heated, Equipment Stays, Fenced, Gunite
  • Roof: Metal

Garage/Parking

  • Parking: 3+ Garage, Auto Garage Opener(s), Under Bldg

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Zoned 2 Cooling
  • Heating: Central Heat

Condo/Co-op/Association

  • HOA: No

Association/Amenities

  • Community Amenities: Deeded Beach Access

Lot Info

  • Geo Update Timestamp: 2019-07-16
  • Geo Address Line: 501 Sea Walk Ct
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 42
  • Lot Size: 100 X 125
  • Lot Sq Ft Source: Other
  • Lot Features: Cul-de-Sac, Fence Part, Interior

Rental Info

  • Rent Type: Monthly

Tax Info

  • Tax Amount: 7323
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 29, 2017
Sold by
Welch Richard P and Welch Diane S
Bought by
Welch Richard P and Welch Diane S
Current Estimated Value
$1,177,540

Purchase Details

Listed on
Mar 29, 2013
Closed on
Dec 23, 2014
Sold by
Hotchkiss Mary Ann
Bought by
Welch Richard P and Welch Diane S
Seller's Agent
Linda Gornick
VIP Realty Sanibel and Captiva
Buyer's Agent
Jennifer Berry
Royal Shell Real Estate, Inc.
List Price
$999,000
Sold Price
$790,000
Premium/Discount to List
-$209,000
-20.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$543,750
Outstanding Balance
$427,656
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$946,050

Purchase Details

Closed on
May 5, 2002
Sold by
Hotchkiss Lyle E
Bought by
Hotchkiss Mary Ann

Purchase Details

Closed on
Dec 23, 1994
Sold by
Herbert Robert L and Herbert Gabriella
Bought by
Hotchkiss Lyle E and Hotchkiss Mary Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
9.26%
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
Welch Richard P -- Attorney
Welch Richard P $790,000 Gulf Coast Title Agency Llc
Hotchkiss Mary Ann -- --
Hotchkiss Lyle E $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Welch Richard P $543,750
Previous Owner Hotchkiss Lyle E $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2014 12/23/14 Sold $790,000 -20.9% $411 / Sq Ft
12/08/2014 12/08/14 Pending -- -- --
03/29/2013 03/29/13 For Sale $999,000 -- $520 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

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 $12,385 $753,331 $570,871 $163,798
2023 $12,385 $715,883 $0 $0
2022 $10,374 $647,375 $0 $0
2021 $8,776 $591,809 $325,924 $265,885
2020 $8,162 $542,645 $324,000 $218,645
2019 $8,380 $554,752 $324,000 $230,752
2018 $9,468 $616,933 $324,000 $292,933
2017 $9,881 $630,669 $270,000 $360,669
2016 $9,197 $575,587 $272,587 $303,000
2015 $9,017 $549,319 $247,546 $301,773
2014 $7,208 $513,305 $233,605 $279,700
2013 -- $440,004 $193,312 $246,692
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2130416

Sanibel & Captiva Islands Association of REALTORS®

APN: 28-46-22-T3-00800.0420