NOT LISTED FOR SALE

517 Useppa Island Useppa Island, FL 33924

Estimated Value: $910,000 - $1,026,000

3 Beds
2 Baths
1,542 Sq Ft
$628/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $500,000 $324 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $6,575/month

127 Days on Market

Highlights

  • Marina
  • Boat Dock
  • Access to Bay or Harbor
  • Sanibel Elementary School Rated A-
  • Home fronts navigable water
  • Fitness Center

About This Home

As of January 2021

Hammerhead Jack is a 3-bedroom, 2-bath attached townhouse style home in "The Useppa Village," wonderfully updated and upgraded throughout, with travertine floors, granite countertops, hurricane windows and doors and boasts an expanded stainless steel kitchen. The sunset view overlooks the community dock, the ICW and the main marina, activity never ceases. The master bedroom opens through French doors onto a large and private back deck and the upstairs waterfront bedroom has a view forever. Offered furnished. Useppa is a private bridgeless island, clearly, a well-kept secret, 3 miles west of Pine Island, 3 miles from both Boca Grande Pass and Captiva Pass and only 500 yards off the ICW, situated in the best fishing area in SWFL. It is a “different place and time." There are no cars, only golf carts. No stop signs, only turtle crossings. It is truly, "paradise without a passport," and the perfect place to find calm in the chaos.

Last Agent to Sell the Property

Brian McColgan

Boland Realty Consultants, LLC License #258000461 Listed on: 08/22/2020

Co-Listed By

Mary McColgan

Premier Sotheby's Int'l Realty License #274506254

Last Buyer's Agent

Brian McColgan

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,692

Year Built

  • Built in 1980

Lot Details

  • 2,688 Sq Ft Lot
  • Lot Dimensions are 29 x 88 x 35 x 82
  • Home fronts navigable water
  • Property fronts a private road
  • Northwest Facing Home
  • Rectangular Lot
  • Property is zoned RM-2

HOA Fees

  • $616 Monthly HOA Fees

Parking

  • Detached Garage

Property Views

  • Bay
  • Canal

Home Design

  • Stilt Home
  • Traditional Architecture
  • Villa
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Metal Roof
  • Vinyl Siding

Interior Spaces

  • 1,542 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Built-In Features
  • High Ceiling
  • Fireplace
  • Thermal Windows
  • Shutters
  • French Doors
  • Entrance Foyer
  • Open Floorplan

Kitchen

  • Breakfast Bar
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Shower Only
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • Access to Bay or Harbor
  • Mangrove Front
  • Deck
  • Patio

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 09-44-21-02-00004.0000
  • Tax Block 4

Community Details

Overview

  • Association fees include recreation facilities, trash
  • Private Membership Available
  • Association Phone (239) 283-1061
  • Useppa Island Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area
  • Restaurant
  • Clubhouse
  • Billiard Room

Recreation

  • Boat Dock
  • Pier or Dock
  • Marina
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa
  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,692

Year Built

Built in 1980

Lot Details

0

HOA Fees

$616 per month

Listing Details

  • Property Sub Type: Attached
  • Prop. Type: Residential
  • Lot Size Acres: 0.0617
  • Lot Size: 29 x 88 x 35 x 82
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Co List Office Mls Id: FPSI
  • Co List Office Phone: (239) 472-2735
  • Ownership: Single Family
  • Subdivision Name: USEPPA ISLAND
  • Directions: Pine Island Road West to Stringfellow Road/Pine Island Center. Turn right go 7 miles to Bocilla Marina in Bokeelia, to to board the club launch. Useppa is bridge-less, a 15 minute boat ride from the marina. Access by members and guests only.
  • Architectural Style: Two Story, Stilt, Traditional
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two
  • Property Attached Yn: Yes
  • Building Stories: 2
  • Year Built: 1980
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Attached,Villa
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Cooktop, Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Marble
  • Interior Amenities: Breakfast Bar, Built-in Features, Entrance Foyer, Family/Dining Room, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, High Speed Internet, Living/Dining Room, Main Level Master, Pantry, Shower Only, Separate Shower, Walk-In Closet(s), Split Bedrooms
  • Living Area: 1542.0
  • Stories: 2
  • Window Features: Thermal Windows, Impact Glass, Shutters, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Community
  • Pool Private: No
  • View: Bay, Canal
  • View: Yes
  • Waterfront Features: Bay Access, Mangrove, Navigable Water
  • Waterfront: Yes
  • Disclosures: Disclosure on File, Deed Restriction, RV Restriction(s), Seller Disclosure
  • Construction Type: Vinyl Siding, Wood Frame
  • Direction Faces: Northwest
  • Exterior Features: Deck, Security/High Impact Doors, Patio
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Patio
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Parking Features: Detached

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Smoke Detector(s)
  • Cooling: Central Air, 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: Boat Facilities, Street Lights
  • Amenities: Beach Rights, Boat Dock, Billiard Room, Marina, Clubhouse, Fitness Center, Barbecue, Picnic Area, Pier, Playground, Private Membership, Pool, Restaurant, Spa/Hot Tub, Sidewalks, Tennis Court(s), Trail(s)
  • Association Fee: 616.0
  • Association Fee Frequency: Monthly
  • Phone: 239-283-1061
  • Association: Yes
  • Pets Allowed: Call, Conditional

Fee Information

  • Association Fee Includes: Recreation Facilities, Trash

Lot Info

  • Parcel #: 09-44-21-02-00004.0000
  • Zoning Description: RM-2
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 2

Tax Info

  • Tax Annual Amount: 5692.0
  • Tax Block: 4
  • Tax Year: 2019

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2020
Closed on
Jan 27, 2021
Sold by
S I T C Inc
Bought by
Shimp Kevin C and Shimp Kathleen E
Seller's Agent
Brian McColgan
Boland Realty Consultants, LLC
Buyer's Agent
Brian McColgan
List Price
$525,000
Sold Price
$500,000
Premium/Discount to List
-$25,000
-4.76%
Current Estimated Value
$949,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,000
Avg. Annual Appreciation
8.98%

Purchase Details

Listed on
Nov 3, 2018
Closed on
Apr 9, 2019
Sold by
Ip James K and Ip Patricia A
Bought by
S I T C Inc
Seller's Agent
Brian McColgan
PREMIER SOTHEBY'S INT'L REALTY
Buyer's Agent
Brian McColgan
PREMIER SOTHEBY'S INT'L REALTY
List Price
$499,000
Sold Price
$415,000
Premium/Discount to List
-$84,000
-16.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.84%

Purchase Details

Closed on
Mar 17, 2011
Sold by
Revoca Wojciechowski William E
Bought by
Ip James K and Ip Patricia A

Purchase Details

Closed on
Apr 1, 2008
Sold by
Wojciechowski William E and Kennedy Sherry A
Bought by
Wojciechowski William E

Purchase Details

Closed on
Feb 25, 2008
Sold by
Bowers Mark A
Bought by
Wojciechowski William E and Kennedy Sherry A

Purchase Details

Closed on
Jan 24, 2007
Sold by
Dinan Dennis A and Dinan Sally A
Bought by
Wojciechowski William E and Kennedy Sherry A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
5.75%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 7, 2004
Sold by
Dinan Dennis A and Dinan Sally A
Bought by
Dinan Dennis A and Dinan Sally A

Purchase Details

Closed on
Feb 25, 2004
Sold by
Cox John J
Bought by
Dinan Dennis A and Dinan Sally A

Purchase Details

Closed on
Apr 20, 2000
Sold by
Suddath Ross H and Saddath Jane S
Bought by
Cox John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
8.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 1997
Sold by
Sauchelli Albert V
Bought by
Suddath Ross H and Suddath Jane S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
7.31%
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
Shimp Kevin C $500,000 Attorney
S I T C Inc $415,000 Attorney
Ip James K $550,000 Attorney
Wojciechowski William E -- Attorney
Wojciechowski William E $256,000 Attorney
Wojciechowski William E $770,000 Attorney
Dinan Dennis A -- --
Dinan Dennis A $619,200 --
Cox John J $475,000 --
Suddath Ross H $230,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wojciechowski William E $616,000
Previous Owner Cox John J $380,000
Previous Owner Cox John J $380,000
Previous Owner Suddath Ross H $184,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $500,000 -4.8% $324 / Sq Ft
12/28/2020 12/28/20 Pending -- -- --
08/22/2020 08/22/20 For Sale $525,000 +26.5% $340 / Sq Ft
04/09/2019 04/09/19 Sold $415,000 0.0% $269 / Sq Ft
04/09/2019 04/09/19 Sold $415,000 -16.8% $269 / Sq Ft
03/10/2019 03/10/19 Pending -- -- --
02/24/2019 02/24/19 Pending -- -- --
10/27/2018 10/27/18 For Sale $499,000 0.0% $324 / Sq Ft
10/16/2018 10/16/18 For Sale $499,000 -- $324 / 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 $9,151 $532,948 $219,850 $306,033
2023 $9,151 $574,352 $334,015 $235,694
2022 $8,022 $522,138 $242,350 $279,788
2021 $6,435 $447,989 $242,350 $205,639
2020 $5,981 $402,943 $242,350 $160,593
2019 $6,033 $406,168 $242,350 $163,818
2018 $5,503 $363,374 $242,350 $121,024
2017 $5,759 $368,212 $242,350 $125,862
2016 $5,423 $341,717 $242,350 $99,367
2015 $5,626 $342,400 $242,350 $100,050
2014 -- $477,401 $346,080 $131,321
2013 -- $432,506 $330,400 $102,106
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220048852

Florida Gulf Coast Multiple Listing Service

APN: 09-44-21-02-00004.0000