NOT LISTED FOR SALE

5044 Joewood Dr Unit 37 Sanibel, FL 33957

Estimated Value: $2,272,141 - $2,480,000

0.21 Acre
$11,363,262 Price per Acre
9,148 Sq Ft Lot

Last Sold November 09, 2012

Last sale price $450,000

Est. 430% increase in value since last sale

Current estimated payment $14,895/month

245 Days on Market

Highlights

  • Community Beach Access
  • Partial Gulf or Ocean Views
  • Community Pool
  • Sanibel Elementary School Rated A-
  • Gated Community
  • Tennis Courts

About This Lot

As of November 2012

-Gorgeous piece of property within gated subdivision on Sanibel Island. Over an acre of extreme privacy with conservation bordering the property and a beach walk access directly across-the best of the best for the buyer who appreciates value. Quality and location second to none. Priced to sell.

Last Agent to Sell the Property

Michael McMurray

Royal Shell Real Estate, Inc. License #587669 Listed on: 03/01/2012

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Bob Radigan

Premier Sotheby's Int'l Realty License #600062

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,747

Lot Details

  • Lot Dimensions are 115 x 399
  • Street terminates at a dead end

HOA Fees

  • $167 Monthly HOA Fees

Property Views

  • Partial Bay or Harbor Views

Utilities

  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 37
  • Assessor Parcel Number 18-46-22-T4-00100.0370

Community Details

Overview

  • Gulf Ridge Subdivision

Recreation

  • Community Beach Access
  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Property Details

Property Type

Land

Est. Annual Taxes

$8,747

Lot Details

0

HOA Fees

$167 per month

Listing Details

  • Subdivision Name: Gulf Ridge
  • Class: Vacant Land
  • Property Type: Vacant Land
  • Legal Description: GULF RIDGE PB 33 PG 65 LOT 37
  • Strap Number: 18-46-22-T4-00100.0370
  • Folio Id: 10020726
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Coastal Construction: Not Applicable
  • View: Part Gulf View, Sanctuary
  • Roads: Dead End, Paved

Utilities

  • Sewer: City
  • Water: City
  • Utilities Available: Cable Avail, Electric, Telephone

Condo/Co-op/Association

  • Association Fees Disp: Yes - $2000/Annually
  • Association Fee: 2000
  • Association Fee Period: Annually
  • HOA: Yes
  • Master Association Disp: $0/0

Association/Amenities

  • Community Amenities: Deeded Beach Access, Gated, Pool Community, Tennis Community

Lot Info

  • Geo Update Timestamp: 2019-07-17
  • Geo Address Line: 5044 Joewood Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 37
  • Lot Size: 115 X 399
  • Deed Restrictions: On Record
  • Lot Features: House Plans Avail, Private Beach Access, Survey Avail
  • Lot Size Feature: 1 - 2 Acres, 100ft or + Front
  • Soil Type: Sand
  • Survey Year Disp: 0 - 0
  • Usage: Single Family

Tax Info

  • Tax Amount: 8747
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2020
Sold by
Rix Paul S and Bard Lynette A
Bought by
Adams Robert J and Adams Nancy L
Current Estimated Value
$2,386,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,480,000
Outstanding Balance
$1,309,436
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,076,849

Purchase Details

Closed on
Apr 17, 2013
Sold by
Revocabl Hyatt Jr John Kenneth
Bought by
Rix Paul S and Bard Lynette A

Purchase Details

Listed on
Mar 1, 2012
Closed on
Nov 9, 2012
Sold by
Elting John
Bought by
Revocabl Hyatt Jr John Kenneth
Seller's Agent
Michael McMurray
Royal Shell Real Estate, Inc.
Buyer's Agent
Bob Radigan
Premier Sotheby's Int'l Realty
List Price
$499,000
Sold Price
$450,000
Premium/Discount to List
-$49,000
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.77%

Purchase Details

Closed on
Apr 10, 1998
Sold by
Weintraub Benson B and Weintraub Hope
Bought by
Elting John

Purchase Details

Closed on
Apr 17, 1995
Sold by
Walker Stuart A and Walker Kaaren M
Bought by
Weintraub Benson B and Weintraub Hope

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,500
Interest Rate
8.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1993
Sold by
Walker Stuart A and Walker Kaaren M
Bought by
Walker Stuart A and Walker Kaaren A
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Adams Robert J $1,850,000 Superior Ttl Svcs Of Sanibel
Rix Paul S $450,000 Barrier Island Title Service
Revocabl Hyatt Jr John Kenneth $450,000 Realty Title Services Of San
Revocabl Hyatt Jr John Kenneth $450,000 Realty Title Services Of San
Elting John $250,000 --
Weintraub Benson B $288,800 --
Walker Stuart A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adams Robert J $1,480,000
Previous Owner Weintraub Benson B $216,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2012 11/09/12 Sold $450,000 -9.8% --
11/01/2012 11/01/12 Pending -- -- --
03/01/2012 03/01/12 For Sale $499,000 -- --
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
2025 $24,924 $1,815,863 -- --
2024 $31,966 $1,764,688 -- --
2023 $31,966 $2,236,518 $0 $0
2022 $24,327 $1,726,075 $0 $0
2021 $22,673 $1,569,161 $0 $0
2020 $9,368 $661,100 $0 $0
2019 $19,428 $1,350,159 $330,000 $1,020,159
2018 $4,914 $330,000 $330,000 $0
2017 $5,284 $348,033 $348,033 $0
2016 $5,101 $330,000 $330,000 $0
2015 $5,243 $330,000 $330,000 $0
2014 $8,034 $500,000 $500,000 $0
2013 -- $406,400 $406,400 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2120339

Sanibel & Captiva Islands Association of REALTORS®

APN: 18-46-22-T4-00100.0370