NOT LISTED FOR SALE

540 E Rocks Dr Sanibel, FL 33957

Estimated Value: $807,371 - $1,045,000

3 Beds
2 Baths
1,602 Sq Ft
$569/Sq Ft Est. Value

Last Sold August 06, 2021

Last sale price $975,000 $609 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $6,056/month

24 Days on Market

Highlights

  • Community Beach Access
  • Concrete Pool
  • Wood Flooring
  • Sanibel Elementary School Rated A-
  • Views of Preserve
  • Shutters

About This Home

As of August 2021

JUST STEPS FROM THE BEACH AND READY TO MOVE INTO. NICELY LANDSCAPED YARD WITH POOL AND PRIVACY FENCE. MASTER BATHROOM FEATURES DOUBLE SINKS AND 2 WALK IN CLOSETS. LIVING AREA APPROX 149 SQUARE METERS.

Last Agent to Sell the Property

Mary Bondurant

Kingfisher Real Estate, Inc. License #280596724 Listed on: 06/12/2021

Last Buyer's Agent

Aaron Wolf

John R Wood Properties License #252012603

John R Wood Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,114

Year Built

  • Built in 1979

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 98 x 121 x 98 x 121
  • West Facing Home
  • Fenced
  • Rectangular Lot

HOA Fees

  • HOA YN

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,602 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Shutters
  • Single Hung Windows
  • Open Floorplan
  • Views of Preserve
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer

Pool

  • Concrete Pool
  • In Ground Pool

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 11 / 2
  • Assessor Parcel Number 28-46-22-T4-01002.0110

Community Details

Overview

  • Association Phone (239) 555-1212
  • East Rocks Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,114

Year Built

Built in 1979

Lot Details

0

HOA Fees

$1 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.275
  • Lot Size: 98 x 121 x 98 x 121
  • Ownership: Single Family
  • Subdivision Name: EAST ROCKS
  • Directions: Cross Sanibel Causeway, turn right at 4-way stop onto Periwinkle Way. At T, turn left onto Tarpon Bay Rd. At end of road, turn right onto West Gulf and follow to East Rocks Subdivision.
  • Architectural Style: Other
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Year Built: 1979
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Carpet, Tile, Wood
  • Interior Amenities: Breakfast Bar, Bathtub, Dual Sinks, Eat-in Kitchen, Family/Dining Room, High Speed Internet, Living/Dining Room, Separate Shower, Walk-In Closet(s)
  • Living Area: 1602.0
  • Stories: 1
  • Window Features: Single Hung
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Features: Concrete, In Ground
  • Pool Private: Yes
  • View: Preserve
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: West
  • Exterior Features: Fence, Patio, Shutters Manual
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

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

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: See Remarks
  • Water Source: See Remarks

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Amenities: Beach Rights, Beach Access
  • Association Fee: 10.0
  • Association Fee Frequency: Annually
  • Phone: 2395551212
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 28-46-22-T4-01002.0110
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 6114.0
  • Tax Block: 2
  • Tax Lot: 11
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2021
Closed on
Aug 6, 2021
Sold by
Mctygue Michael J and Mctygue Ann M
Bought by
Carver Management Llc
Seller's Agent
Mary Bondurant
Kingfisher Real Estate, Inc.
Buyer's Agent
Aaron Wolf
John R Wood Properties
List Price
$1,025,000
Sold Price
$975,000
Premium/Discount to List
-$50,000
-4.88%
Current Estimated Value
$911,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$63,407
Avg. Annual Appreciation
-1.63%
Original Mortgage
$780,000
Outstanding Balance
$713,333
Interest Rate
3%
Mortgage Type
Commercial
Estimated Equity
$198,260

Purchase Details

Closed on
Jun 9, 2015
Sold by
Mctygue Michael J and Mctygue Ann M
Bought by
Mctygue Family Trust

Purchase Details

Closed on
Feb 1, 2011
Sold by
Boyce Raymond A and Boyce Jacqueline M
Bought by
Mctygue Michael J and Mctygue Ann M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2002
Sold by
Bradley Henry J
Bought by
Boyce Raymond A and Boyce Jacqueline M

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
6.77%

Purchase Details

Closed on
May 11, 2000
Sold by
Bradley Henry J and Bradley Elizabeth A M
Bought by
Bradley Henry J

Purchase Details

Closed on
Jun 4, 1998
Sold by
Murphy Patricia T
Bought by
Bradley Henry J and Bradley Elizabeth A M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
7.23%
Source: Public Records

Range of Values:

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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
Carver Management Llc $975,000 Knight Barry Title Sln Inc
Mctygue Family Trust -- Attorney
Mctygue Michael J $520,000 Barrier Island Title Service
Boyce Raymond A $510,000 --
Bradley Henry J -- --
Bradley Henry J $275,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carver Management Llc $780,000
Previous Owner Mctygue Michael J $150,000
Previous Owner Mctygue Michael J $240,000
Previous Owner Boyce Raymond A $320,000
Previous Owner Bradley Henry J $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2021 08/06/21 Sold $975,000 -4.9% $609 / Sq Ft
07/07/2021 07/07/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $1,025,000 -- $640 / 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 $13,522 $592,967 $500,033 $71,381
2023 $13,522 $854,124 $0 $0
2022 $10,982 $776,476 $413,670 $362,806
2021 $6,151 $516,685 $335,318 $181,367
2020 $6,114 $435,252 $0 $0
2019 $5,999 $425,466 $0 $0
2018 $5,998 $417,533 $0 $0
2017 $5,993 $408,945 $0 $0
2016 $5,961 $486,863 $283,845 $203,018
2015 $6,066 $452,696 $258,349 $194,347
2014 $6,068 $394,593 $242,097 $152,496
2013 -- $406,702 $200,953 $205,749
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 221043754

Florida Gulf Coast Multiple Listing Service

APN: 28-46-22-T4-01002.0110