NOT LISTED FOR SALE

640 E Gulf Dr Unit 3 Sanibel, FL 33957

Estimated Value: $985,000 - $1,103,000

2 Beds
2 Baths
1,822 Sq Ft
$564/Sq Ft Est. Value

About This Home

This home is located at 640 E Gulf Dr Unit 3, Sanibel, FL 33957 and is currently estimated at $1,027,672, approximately $564 per square foot. 640 E Gulf Dr Unit 3 is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and South Fort Myers High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2024
Sold by
Sand Dollar Fb Llc
Bought by
Worm Rudolf Heiko
Current Estimated Value
$1,498,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,080,000
Outstanding Balance
$1,067,755
Interest Rate
6.86%
Mortgage Type
New Conventional
Estimated Equity
-$40,083

Purchase Details

Closed on
Jun 7, 2022
Sold by
Brilhart Bryan T and Masters Elaine
Bought by
Sand Dollar Fb Llc

Purchase Details

Closed on
Mar 10, 2021
Sold by
Jtbh Llc
Bought by
Brilhart Bryan T and Brilhart Elaine Masters

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
2.7%
Mortgage Type
Balloon

Purchase Details

Closed on
Jun 9, 2005
Sold by
Tapper John H and Tapper Linda D
Bought by
Jtbh Llc

Purchase Details

Closed on
Jun 27, 2003
Sold by
Pfeffer Kevin K and Pfeffer Keith L
Bought by
Tapper John H and Tapper Linda D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 1997
Sold by
Lynch Randall D and Lynch Debra E
Bought by
Pfeffer Kevin K and Pfeffer Keith L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$268,000
Interest Rate
7.69%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Worm Rudolf Heiko $100 None Listed On Document
Sand Dollar Fb Llc $1,080,000 Waggoner & Bruchl Pa
Brilhart Bryan T $550,000 Attorney
Jtbh Llc -- None Available
Tapper John H $655,000 --
Pfeffer Kevin K $335,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Worm Rudolf Heiko $1,080,000
Previous Owner Brilhart Bryan T $500,000
Previous Owner Jtbv Llc $700,000
Previous Owner Tapper John H $322,700
Previous Owner Pfeffer Kevin K $268,000
Source: Public Records

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 $11,262 $665,948 -- --
2023 $8,956 $605,407 $0 $602,288
2022 $7,727 $533,112 $0 $529,899
2021 $7,920 $499,050 $0 $499,050
2020 $8,185 $492,575 $0 $492,575
2019 $8,427 $527,298 $0 $527,298
2018 $8,662 $528,105 $0 $528,105
2017 $8,624 $485,308 $0 $485,308
2016 $9,044 $525,642 $0 $525,642
2015 $8,028 $457,080 $0 $457,080
2014 $7,061 $402,800 $0 $402,800
2013 -- $392,700 $0 $392,700
Source: Public Records

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