$250,000
SOLD FEB 20, 2025

641 Periwinkle Way Unit A2 Sanibel, FL 33957

1 Bed
1 Bath
638 Sq Ft
$924/mo HOA Fee

Recently Sold

$392 Per Sq Ft

24% Below List Price

87 Days on Market

Highlights

  • Boat Dock
  • Home fronts navigable water
  • Garden View
  • Sanibel Elementary School Rated A-
  • Mangrove Front
  • High Impact Windows

About This Home

As of February 2025

Lowest price condo on Sanibel Island! Beautifully remodeled and ready for a new owner! 1 bedroom, 1 bath condo, located in the pet friendly Captains Walk community, is the perfect blend of comfort and convenience. Situated on the quaint east end of Sanibel Island, you'll enjoy easy access on and off the causeway, with bay and gulf beaches, boating at the nearby marina, and endless opportunities for shelling and water sports just moments away. The condo itself features brand-new cabinetry, countertops, appliances, and impact glass, ensuring a worry-free and relaxing stay. Captains Walk's canals and docking areas offer the perfect launchpad for kayaking, paddleboarding, or simply enjoying your morning coffee or sunset cocktails. As a pet owner, you'll appreciate the community's pet-friendly policy, allowing you to bring along two well-behaved furry companions. And when you're ready to dine out, world-famous restaurants like Gramma Dots and Wickie's Lighthouse Restaurant are within walking distance. Don't miss out on this fantastic opportunity to own your piece of paradise.

Last Agent to Sell the Property

Teresa Baker

Royal Shell Real Estate, Inc. License #3162962 Listed on: 10/18/2024

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Mary Ann Cowart

Royal Shell Real Estate, Inc. License #604658

Royal Shell Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,951

Year Built

  • Built in 1970

Lot Details

  • Home fronts navigable water
  • Home fronts a canal

HOA Fees

  • $924 Monthly HOA Fees

Home Design

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

Interior Spaces

  • 638 Sq Ft Home
  • Ceiling height between 8 to 10 feet
  • Ceiling Fan
  • Combination Dining and Living Room
  • Storage Room
  • Tile Flooring
  • Garden Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • Covered Parking
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Mangrove Front

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • $50 Application Fee
  • Tax Lot A2
  • Assessor Parcel Number 20-46-23-T3-0250A.0020

Community Details

Overview

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

Recreation

  • Boat Dock

Pet Policy

  • Limit on the number of pets

Additional Features

  • Laundry Facilities
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,951

Year Built

Built in 1970

Lot Details

0

HOA Fees

$924 per month

Listing Details

  • Class: Condo
  • Property Type: Condo
  • Legal Description: CAPTAINS WALK COND UNIT 1 BLDG A OR 607 PG 386 APT 2
  • Strap Number: 20-46-23-T3-0250A.0020
  • Subject To F I R P T A: No
  • Year Built: 1970
  • Level: 1
  • Pet Limits: Owners only are allowed up to two pets of any size.
  • Pets: Limits
  • Folio Id: 10126123
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Price Per S Q F T: 391.85
  • Total Sq Ft: 638
  • Appliances: Dishwasher, Disposal, Microwave, Range Electric, Refrigerator, Water Heater, See Remarks
  • Estimated Living Sq Ft: 638
  • Bathrooms: 1
  • Bathrooms Display: 1/0
  • Bedrooms: 1
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Flooring: Tile Floor
  • Furnished: No
  • Furnishing: Unfurnished
  • Windows: Impact Resistant Windows

Exterior Features

  • Misc Exterior: CBS, Const. Complete, Ground Level
  • Waterfront: Canal Salt, Mangroves, Navigable
  • Waterfront: Yes
  • Coastal Construction: Not Applicable
  • Pool: No
  • View: Lawn/Garden

Garage/Parking

  • Parking: Assigned, Covered, Guest

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Central Air/Cooling
  • Heating: Central Heat
  • Security: See Remarks

Condo/Co-op/Association

  • Association Fees Disp: Y - $924/M
  • Association Fee: 924
  • Association Fee Period: Monthly
  • Association Right Of Refusal: Yes
  • Association Management: Island Management
  • Management Company Phone: 239-472-5020
  • Condo Amenities: Boat Docks, Community Laundry, See Remarks
  • Condo Name: Captains Walk
  • Fees Include: Exter Pest Control, Insurance Bldg, Irrigation, Landscape/Lawn, Legal and Accounting, Manager, Sewer, Trash, Water
  • Govern Bodies: Condo Association
  • HOA: Yes
  • Master Association Disp: $/
  • Members Right Of Refusal: Yes

Lot Info

  • Geo Update Timestamp: 2024-10-18
  • Geo Address Line: 641 Periwinkle Way
  • Geo Primary City: Sanibel
  • Geo Quality: 1
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Number: A2

Rental Info

  • Application Fee: 50
  • Application Required: Yes
  • Rent History: Current owners used for their own enjoyment but units can be rented. Monthly minimum!
  • Rent Type: Monthly

Tax Info

  • Tax Amount: 2951
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Feb 20, 2025
Sold by
Seybert Steven R and Seybert Frances K
Bought by
Jordan Frank W and Jordan Pamela A
Seller's Agent
Teresa Baker
Royal Shell Real Estate, Inc.
Buyer's Agent
Mary Ann Cowart
Royal Shell Real Estate, Inc.
List Price
$329,000
Sold Price
$250,000
Premium/Discount to List
-$79,000
-24.01%
Views
31
Current Estimated Value
$261,275

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,275
Avg. Annual Appreciation
10.97%
Original Mortgage
$160,000
Outstanding Balance
$159,867
Interest Rate
6.93%
Mortgage Type
New Conventional
Estimated Equity
$105,690

Purchase Details

Listed on
May 7, 2014
Closed on
May 20, 2015
Sold by
Seybert Steven R
Bought by
Seybert Steven R and Seybert Frances K
Seller's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
Buyer's Agent
Heather Pierce
Pfeifer Realty Group LLC
List Price
$259,000
Sold Price
$205,000
Premium/Discount to List
-$54,000
-20.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%

Purchase Details

Listed on
May 7, 2014
Closed on
May 14, 2015
Sold by
Ergosum Inc
Bought by
Seybert Steven R
Seller's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
Buyer's Agent
Heather Pierce
Pfeifer Realty Group LLC
List Price
$259,000
Sold Price
$205,000
Premium/Discount to List
-$54,000
-20.85%

Purchase Details

Listed on
Apr 9, 2013
Closed on
Jul 19, 2013
Sold by
Brady Megan A
Bought by
Ergosum Inc
Seller's Agent
Rose Dakos
Royal Shell Real Estate, Inc.
Buyer's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
List Price
$175,000
Sold Price
$165,000
Premium/Discount to List
-$10,000
-5.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.52%

Purchase Details

Closed on
Apr 15, 2008
Sold by
Brady Anne E
Bought by
Brady Megan A

Purchase Details

Closed on
May 26, 1994
Sold by
Skehan Peter F and Skehan Maryann C
Bought by
Brady Anne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,900
Interest Rate
8.46%
Source: Public Records

Range of Values:

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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
Warranty Deed $250,000 Superior Title
Interfamily Deed Transfer -- None Available
Warranty Deed $205,000 Barrier Island Title Service
Warranty Deed $165,000 Barrier Island Title Service
Warranty Deed $250,000 First American Title Ins Co
Warranty Deed $83,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $84,000 New Conventional
Previous Owner $71,290 New Conventional
Previous Owner $75,900 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2025 02/20/25 Sold $250,000 0.0% $392 / Sq Ft
01/13/2025 01/13/25 Pending -- -- --
01/03/2025 01/03/25 Price Changed $250,000 -24.0% $392 / Sq Ft
12/31/2024 12/31/24 For Sale $329,000 +31.6% $516 / Sq Ft
12/30/2024 12/30/24 Off Market $250,000 -- --
12/29/2024 12/29/24 Off Market $329,000 -- --
10/18/2024 10/18/24 For Sale $329,000 +60.5% $516 / Sq Ft
05/20/2015 05/20/15 Sold $205,000 -20.8% $321 / Sq Ft
04/20/2015 04/20/15 Pending -- -- --
05/07/2014 05/07/14 For Sale $259,000 +57.0% $406 / Sq Ft
07/19/2013 07/19/13 Sold $165,000 -5.7% $259 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
04/09/2013 04/09/13 For Sale $175,000 -- $274 / 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
2024 $488 $33,246 -- $33,246
2023 $493 $33,131 $0 $33,131
2022 $2,951 $200,202 $0 $0
2021 $2,604 $182,002 $0 $182,002
2020 $2,436 $167,960 $0 $167,960
2019 $2,373 $162,308 $0 $162,308
2018 $2,424 $162,308 $0 $162,308
2017 $2,406 $157,463 $0 $157,463
2016 $2,300 $147,806 $0 $147,806
2015 $2,136 $133,700 $0 $133,700
2014 $2,080 $129,000 $0 $129,000
2013 -- $118,700 $0 $118,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2240694

Sanibel & Captiva Islands Association of REALTORS®

APN: 20-46-23-T3-0250A.0020