NOT LISTED FOR SALE

533 Rabbit Rd Sanibel, FL 33957

Estimated Value: $629,463 - $1,013,000

3 Beds
2 Baths
1,229 Sq Ft
$630/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $530,000 $431 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $4,764/month

151 Days on Market

Highlights

  • Community Beach Access
  • In Ground Pool
  • Furnished
  • Sanibel Elementary School Rated A-
  • Deck
  • No HOA

About This Home

As of January 2017

Well-maintained near-beach ground-level 3-bedroom pool home close to gulf end of road. Handy to community beach access path just east of intersection of West Gulf Dr & Rabbit Rd. Currently used as a vacation retreat for family & rentals, but also could easily become a winter residence or year-'round home. Furnishings are negotiable & future rental bookings must be honored. Recent improvements include: Exterior paint & HVAC replaced in 2016. Roof replaced, pool resurfaced, deck remodeled, & new dryer in 2015. New dishwasher & range 2014. Pool pump replaced 2013. Patio cover roof & new washer in 2012. Offered "As Is".

Last Agent to Sell the Property

Susan Andrews

SanibelSusan Realty Associates License #280500144 Listed on: 07/22/2016

Last Buyer's Agent

Rob Pailes

SBL Realty Group LLC License #280595654

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,933

Year Built

  • Built in 1972

Lot Details

  • 0.25 Acre Lot
  • Lot Dimensions are 90 x 120 x 90 x 120
  • East Facing Home
  • Rectangular Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,229 Sq Ft Home
  • 1-Story Property
  • Furnished
  • Ceiling Fan
  • Awning
  • Sliding Windows
  • Combination Dining and Living Room

Kitchen

  • Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • In Ground Pool
  • Deck
  • Screened Patio
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 28-46-22-T3-00600.0170

Community Details

Overview

  • No Home Owners Association
  • Sanibel River Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,933

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.25
  • Lot Size: 90 x 120 x 90 x 120
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: SANIBEL RIVER
  • Directions: From Causeway Rd - Right onto Periwinkle Way & follow to stop sign. Left onto Tarpon Bay Rd to stop sign. Right onto to West Gulf Dr. Follow to right on Rabbit Rd. 533 Rabbit Rd is on the left side. Beach path just before Rabbit Rd on left.
  • Architectural Style: Other
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Year Built: 1972
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: VirtualTour

Interior Features

  • Furnished: Furnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Disposal, Ice Maker, Microwave, Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile
  • Interior Amenities: Living/Dining Room, Main Level Master, See Remarks
  • Living Area: 1229.0
  • Stories: 1
  • Window Features: Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Landscaped
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Seller Disclosure
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: East
  • Exterior Features: Deck, Awning(s)
  • Patio And Porch Features: Deck, Porch, Screened
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: In Garage
  • Security: None
  • 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

  • Community Features: Non-Gated
  • Amenities: Beach Access
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 28-46-22-T3-00600.0170
  • Zoning Description: Res
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 6933.0
  • Tax Year: 2016

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2016
Closed on
Jan 20, 2017
Sold by
Maiorella David Paul and Maiorella Amy Michelle
Bought by
Simpson Nancy
Seller's Agent
Susan Andrews
SanibelSusan Realty Associates
Buyer's Agent
Rob Pailes
SBL Realty Group LLC
List Price
$548,000
Sold Price
$530,000
Premium/Discount to List
-$18,000
-3.28%
Current Estimated Value
$774,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$244,116
Avg. Annual Appreciation
4.45%
Original Mortgage
$397,500
Outstanding Balance
$327,670
Interest Rate
4.13%
Mortgage Type
New Conventional
Estimated Equity
$446,446

Purchase Details

Closed on
Jun 11, 2012
Sold by
Cummings Roy S and Cummings Karen L
Bought by
Maiorella David Paul and Maiorella Amy Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2008
Sold by
Cummings Roy and Cummings Matthew
Bought by
Cummings Roy S and Cummings Karen J

Purchase Details

Closed on
Jun 5, 2006
Sold by
Carr William D and Carr Elizabeth W
Bought by
Cummings Mathew R and Cummings Roy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 7, 1999
Sold by
Ondarcho John M and Ondarcho Rosanne
Bought by
Carr William D and Carr Elizabeth W
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
Simpson Nancy $530,000 Barrier Island Title Service
Maiorella David Paul $415,000 Title Group Services
Cummings Roy S -- Attorney
Cummings Mathew R $560,000 Barrier Island Title Service
Carr William D $259,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Simpson Nancy $397,500
Previous Owner Maiorella David Paul $320,000
Previous Owner Cummings Mathew R $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2017 01/20/17 Sold $530,000 -3.3% $431 / Sq Ft
12/21/2016 12/21/16 Pending -- -- --
07/22/2016 07/22/16 For Sale $548,000 -- $446 / 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
2025 $7,728 $559,587 -- --
2024 $6,848 $508,715 $420,861 $69,811
2023 $6,848 $448,450 $448,440 $10
2022 $8,303 $507,781 $0 $0
2021 $6,924 $461,619 $325,766 $135,853
2020 $6,695 $440,889 $324,000 $116,889
2019 $6,879 $451,393 $324,000 $127,393
2018 $7,096 $457,047 $324,000 $133,047
2017 $7,453 $470,772 $270,000 $200,772
2016 $6,933 $429,160 $271,901 $157,259
2015 $7,326 $451,695 $247,353 $204,342
2014 $6,884 $428,600 $233,301 $195,299
2013 -- $359,799 $180,803 $178,996
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 216047225

Florida Gulf Coast Multiple Listing Service

APN: 28-46-22-T3-00600.0170