$280,000
SOLD FEB 4, 2025

561 Periwinkle Way Unit F2 Sanibel, FL 33957

2 Beds
1.5 Baths
844 Sq Ft
$910/mo HOA Fee

Recently Sold

$332 Per Sq Ft

36% Below List Price

152 Days on Market

Highlights

  • Boat Dock
  • Home fronts a canal
  • Screened Porch
  • Sanibel Elementary School Rated A-
  • Garden View
  • High Impact Windows

About This Home

As of February 2025

This quaint, East End community has a wonderful near beach location and is within walking/biking distance to great shopping and restaurants. Rare pet friendly community offers large courtyards, assigned covered parking, docks with canal access, wonderful for kayaking, SUP boards and fishing! Condo offers 2 bedrooms and 1.5 bathrooms, living/dining room combination, screened porch, tile floors, new LVP in both bedrooms, freshly painted, new bathrooms, new kitchen with new GE appliances, new Roof, new HVAC, new impact windows and new impact sliding doors have been installed. Enjoy some of the world's best shelling and Sanibel's spectacular sunsets. The condo association is working diligently to finish all repairs. The complex was affected by hurricane Ian and has been fully remediated and repairs are getting close to completion.

Last Agent to Sell the Property

Karen Bell

Michael Saunders & Company License #494524 Listed on: 08/23/2024

Michael Saunders & Company

Last Buyer's Agent

Karen Bell

Michael Saunders & Company License #494524 Listed on: 08/23/2024

Michael Saunders & Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,014

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • Home fronts a canal

HOA Fees

  • $910 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 844 Sq Ft Home
  • Ceiling height between 8 to 10 feet
  • Ceiling Fan
  • Single Hung Wood Windows
  • Combination Dining and Living Room
  • Screened Porch
  • Storage Room
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Luxury Vinyl Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Parking

  • Covered Parking
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 20-46-23-T3-0270F.0020

Community Details

Overview

  • Association fees include exter pest control, exterior main/repair, insurance bldg, irrigation, landscape/lawn, legal and accounting, manager, parking, sewer, trash, water
  • Island Management Association, Phone Number (239) 472-5020
  • Captains Walk Community

Amenities

  • Courtyard
  • Laundry Facilities

Recreation

  • Boat Dock

Pet Policy

  • Limit on the number of pets

Security

  • High Impact Windows
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,014

Year Built

Built in 1972 | Remodeled

Lot Details

0

HOA Fees

$910 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Design: Remodeled
  • Legal Description: CAPTAINS WALK UNIT 3 CONDO BLDG F OR 810 PG 319 APT 2
  • Strap Number: 20-46-23-T3-0270F.0020
  • Subject To F I R P T A: No
  • Year Built: 1972
  • Pet Limits: Owner is allowed (2) pets.
  • Pets: Limits
  • Folio Id: 10126167
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 331.75
  • Total Sq Ft: 980
  • Appliances: Dishwasher, Disposal, Microwave, Range Electric, Refrigerator-Ice maker, Smoke Detector(s), Water Heater
  • Estimated Living Sq Ft: 844
  • Bathrooms: 1
  • Bathrooms Display: 1/1
  • Bedrooms: 2
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Floor: 1
  • Flooring: Luxury Vinyl, Tile Floor
  • Furnished: No
  • Furnishing: Unfurnished
  • Half Bathrooms: 1
  • Windows: Impact Resistant Windows, Single Hung

Exterior Features

  • Misc Exterior: CBS
  • Waterfront: Canal Salt
  • Waterfront: Yes
  • Coastal Construction: Not Applicable
  • Pool: No
  • View: Lawn/Garden

Garage/Parking

  • Parking: Assigned, Covered

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Central Air/Cooling
  • Heating: Central Heat
  • Security: Other Add Agt Note

Condo/Co-op/Association

  • Association Fees Disp: Y - $910/M
  • Association Fee: 910
  • Association Fee Period: Monthly
  • Association Right Of Refusal: No
  • Association Management: Island Management
  • Management Company Phone: 239-472-5020
  • Condo Amenities: Boat Docks, Community Laundry, Courtyard
  • Condo Name: Captains Walk
  • Fees Include: Exter Pest Control, Exterior Main/Repair, Insurance Bldg, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Parking, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $/
  • Members Right Of Refusal: No

Lot Info

  • Geo Update Timestamp: 2024-08-23
  • Geo Address Line: 561 Periwinkle Way
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: 2

Rental Info

  • Rent Type: Monthly

Tax Info

  • Tax Amount: 3014
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2024
Closed on
Feb 5, 2025
Sold by
Soto Alejandro
Bought by
Dorlitz Properties Llc
Seller's Agent
Karen Bell
Michael Saunders & Company
Buyer's Agent
Karen Bell
Michael Saunders & Company
List Price
$439,000
Sold Price
$280,000
Premium/Discount to List
-$159,000
-36.22%
Views
44
Current Estimated Value
$318,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,376
Avg. Annual Appreciation
20.79%

Purchase Details

Listed on
Aug 23, 2024
Closed on
Jan 31, 2025
Sold by
Godwin Christine
Bought by
Soto Alejandro
Seller's Agent
Karen Bell
Michael Saunders & Company
Buyer's Agent
Karen Bell
Michael Saunders & Company
List Price
$439,000
Sold Price
$280,000
Premium/Discount to List
-$159,000
-36.22%
Views
44

Purchase Details

Closed on
Apr 24, 2018
Sold by
Larose Marlene J
Bought by
Godwin Edward and Godwin Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 1994
Sold by
Skrovanek John P
Bought by
Larose Marlene J
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 Type Sale Price Title Company
Quit Claim Deed $100 None Listed On Document
Warranty Deed $280,000 None Listed On Document
Warranty Deed $300,000 Cpastal Title Services Of Sw
Warranty Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $225,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Sold $280,000 -11.1% $332 / Sq Ft
01/22/2025 01/22/25 Pending -- -- --
10/28/2024 10/28/24 Price Changed $315,000 -28.2% $373 / Sq Ft
08/23/2024 08/23/24 For Sale $439,000 -- $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
2025 $64 $277,848 -- --
2024 $64 $33,246 -- $33,246
2023 $62 $28,131 $0 $0
2022 $3,014 $254,517 $0 $0
2021 $3,038 $267,369 $0 $267,369
2020 $3,027 $243,692 $0 $0
2019 $2,972 $238,213 $0 $238,213
2018 $3,550 $238,213 $0 $238,213
2017 $3,546 $234,983 $0 $234,983
2016 $3,334 $220,795 $0 $220,795
2015 $3,059 $193,200 $0 $193,200
2014 $2,920 $190,700 $0 $190,700
2013 -- $157,500 $0 $157,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2240599

Sanibel & Captiva Islands Association of REALTORS®

APN: 20-46-23-T3-0270F.0020