NOT LISTED FOR SALE

5834 Pine Tree Dr Sanibel, FL 33957

Estimated Value: $931,000 - $1,058,000

2 Beds
2 Baths
1,681 Sq Ft
$594/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $675,000 $402 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,809/month

178 Days on Market

Highlights

  • Community Boat Dock
  • Home fronts navigable water
  • Heated In Ground Pool
  • Sanibel Elementary School Rated A-
  • Access to Bay or Harbor
  • RV Access or Parking

About This Home

As of August 2020

Expansive, wide open views across some of the widest sections of Dinkins Bayou. Enjoy watching manatees, dolphins and anhingas from your pool deck or boat dock. There should be ample room for a boat lift on the Bayou and there is additional room to expand the footprint as there appears to be an additional 1,000 sq. ft. of coverage available. This house is dated and needs considerable updating. The property can also be viewed as a building site that comes complete with a pool and dock. Either way this is a great value for a direct access waterfront property on the western end of Sanibel Island. The parcel across the bayou is all nature preserve.

Last Agent to Sell the Property

Charles Sobczak

Michael Saunders & Company License #280500074 Listed on: 01/09/2020

Michael Saunders & Company

Last Buyer's Agent

Eric Pfeifer

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,504

Year Built

  • Built in 1974

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 92 x 148 x 100 x 118
  • Home fronts navigable water
  • Property fronts a private road
  • Street terminates at a dead end
  • Southwest Facing Home
  • Fenced
  • Irregular Lot

HOA Fees

  • $13 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • RV Access or Parking
  • Assigned Parking

Property Views

  • Lagoon Views
  • Views of Preserve

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,681 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Single Hung Windows
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer
  • Laundry Tub

Accessible Home Design

  • Wheelchair Access

Pool

  • Heated In Ground Pool
  • Pool Equipment or Cover

Outdoor Features

  • Access to Bay or Harbor
  • Deck

Utilities

  • Central Heating and Cooling System
  • Sewer Assessments
  • High Speed Internet

Listing and Financial Details

  • Legal Lot and Block 6 / 12
  • Assessor Parcel Number 11-46-21-T3-00012.0300

Community Details

Overview

  • Association Phone (239) 312-4457
  • Castaway Estates Subdivision

Amenities

  • Bike Room
  • Community Storage Space

Recreation

  • Community Boat Dock
  • RV or Boat Storage in Community
  • Community Playground

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,504

Year Built

Built in 1974

Lot Details

0.3 Acres

HOA Fees

$13 per month

Parking

2

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.298
  • Lot Size: 92 x 148 x 100 x 118
  • Road Frontage Type: Private Road
  • Road Surface Type: Unimproved
  • Ownership: Single Family
  • Subdivision Name: CASTAWAY ESTATES
  • Directions: Take State Road #867 to Sanibel. Proceed down Periwinkle Way three miles until you hit the stop sign. Turn north, (right) onto Tarpon Bay Road then go 4 blocks to the next stop sign. Turn west toward Captiva on San-Cap Road and go approx. six miles. Take a right onto Pine Tree Drive. The house is the sixth home in on your left. Sign on property.
  • Architectural Style: Ranch, One Story, Traditional
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Building Stories: 1
  • Year Built: 1974
  • ResoBuildingAreaSource: Appraiser
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Disposal, Microwave, Range, Refrigerator, Washer
  • Accessibility Features: Wheelchair Access
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Tile
  • Interior Amenities: Breakfast Area, Entrance Foyer, Eat-in Kitchen, Living/Dining Room, Pantry, Tub Shower, Walk-In Closet(s), High Speed Internet, Split Bedrooms
  • Living Area: 1681.0
  • Stories: 1
  • Window Features: Single Hung, Sliding, Window Coverings
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • Lot Features: Irregular Lot, Dead End
  • Pool Features: Electric Heat, Heated, In Ground, Pool Equipment
  • Pool Private: Yes
  • View: Lagoon, Preserve, Water
  • View: Yes
  • Waterfront Features: Bay Access, Navigable Water
  • Waterfront: Yes
  • Disclosures: Deed Restriction, Special Assessment
  • Construction Type: Block, Concrete, Stucco
  • Direction Faces: Southwest
  • Exterior Features: Deck, Fence
  • Patio And Porch Features: Deck
  • Property Condition: Resale
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Assigned, Attached, Garage, Two Spaces, Garage Door Opener, RV Access/Parking

Utilities

  • Laundry Features: In Garage, Laundry Tub
  • Security: None, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Assessment Unpaid, Public Sewer
  • Water Source: Assessment Paid, Public

Condo/Co-op/Association

  • Community Features: Boat Facilities, Non-Gated
  • Amenities: Bike Storage, Playground, RV/Boat Storage, Storage
  • Association Fee: 150.0
  • Association Fee Frequency: Annually
  • Phone: 239-312-4457
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 11-46-21-T3-00012.0300
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 1

Tax Info

  • Tax Annual Amount: 7504.0
  • Tax Block: 12
  • Tax Lot: 6
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2020
Closed on
Aug 5, 2020
Sold by
Chambers Margery J and Chambers George K
Bought by
Stern Realty Trust and Stern
Seller's Agent
Charles Sobczak
Michael Saunders & Company
Buyer's Agent
Eric Pfeifer
List Price
$739,555
Sold Price
$675,000
Premium/Discount to List
-$64,555
-8.73%
Current Estimated Value
$998,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$323,860
Avg. Annual Appreciation
7.22%
Original Mortgage
$510,400
Outstanding Balance
$452,761
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$546,099

Purchase Details

Closed on
Jun 20, 1995
Sold by
Carrigan John D and Carrigan Marian J
Bought by
Chambers Margery J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.88%
Source: Public Records
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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
Stern Realty Trust $675,000 Superior Title Services
Chambers Margery J $375,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stern Realty Trust $510,400
Previous Owner Chambers Margery J $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2020 08/05/20 Sold $675,000 -8.7% $402 / Sq Ft
07/06/2020 07/06/20 Pending -- -- --
01/09/2020 01/09/20 For Sale $739,555 -- $440 / Sq Ft
Source: Florida Gulf Coast Multiple Listing Service

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 $7,180 $516,940 -- --
2024 $7,180 $469,945 $337,759 $93,935
2023 $12,318 $730,299 $0 $0
2022 $10,809 $674,098 $0 $0
2021 $8,421 $566,866 $458,111 $108,755
2020 $6,709 $476,545 $0 $0
2019 $7,504 $469,407 $0 $0
2018 $7,504 $460,655 $0 $0
2017 $7,500 $451,180 $0 $0
2016 $7,467 $525,595 $316,305 $209,290
2015 $7,584 $506,492 $314,833 $191,659
2014 $7,589 $487,803 $313,865 $173,938
2013 -- $428,911 $232,549 $196,362
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 220002752

Florida Gulf Coast Multiple Listing Service

APN: 11-46-21-T3-00012.0300

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