NOT LISTED FOR SALE

693 Rabbit Rd Sanibel, FL 33957

Estimated Value: $650,898 - $952,000

3 Beds
2 Baths
1,352 Sq Ft
$566/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $485,500 $359 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $4,796/month

149 Days on Market

Highlights

  • Community Beach Access
  • 2 Car Garage
  • Deck
  • Sanibel Elementary School Rated A-
  • Lake View
  • Contemporary Architecture

About This Home

As of August 2019

Waterfront! Enjoy what is Sanibel from your backyard! Nestled between two large wildlife parcels and overlooks lake offering an abundance of wildlife viewing opportunities. This updated near beachhome offers mature landscaping affording privacy. Vaulted ceiling in great room, sliding glass doors from bedroom and dining area to large open sun deck that affords views over lake to conservation lands. Spectacular sunset views!!! Lower level enclosed 2 car garage and large storage area. The Perfect Island Home!

Last Agent to Sell the Property

Paul Zimmerman

Gulf Beach Properties, Inc. License #165991 Listed on: 01/21/2019

Last Buyer's Agent

Anna Turner

Royal Shell Real Estate, Inc. License #3252191

Royal Shell Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,670

Year Built

  • Built in 1981

Lot Details

  • Lot Dimensions are 100 x 140

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Elevated Home
  • Frame Construction
  • Fiberglass Roof
  • Stucco

Interior Spaces

  • 1,352 Sq Ft Home
  • Vaulted Ceiling
  • Ceiling Fan
  • Awning
  • Combination Dining and Living Room
  • Lake Views
  • Fire and Smoke Detector

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Porch

Utilities

  • Central Heating and Cooling System
  • Water Heater
  • Sewer Assessments
  • Internet Available

Listing and Financial Details

  • Assessor Parcel Number 28-46-22-T2-00600.0030

Community Details

Overview

  • No Home Owners Association
  • Sanibel River Estates Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,670

Year Built

Built in 1981

Lot Details

0

Listing Details

  • Subdivision Name: Sanibel River Estates
  • Class: Residential
  • Property Type: Single Family
  • Design: Contemporary
  • Legal Description: SANIBEL RUR EST UNREC OR 711 PG 256 LOT 3
  • Strap Number: 28-46-22-T2-00600.0030
  • Subject To F I R P T A: No
  • Year Built: 1981
  • Miscellaneous: Beach Access, Wood Deck
  • Folio Id: 10023382
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Price Per S Q F T: 359.1
  • Total Sq Ft: 2908
  • Appliances: Dishwasher, Disposal, Dryer, Internet Ready, Microwave, Range Electric, Refrigerator-Ice maker, Smoke Detector(s), Washer, Water Heater
  • Estimated Living Sq Ft: 1352
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 3
  • Ceiling: 8 Ft Ceilings, Vaulted Ceiling
  • Den: No
  • Fireplace: No
  • Flooring: Carpet, Laminate Floor, Tile Floor
  • Furnished Disp: No - Unfurnished,Window Cov-All
  • Furnished: No
  • Furnishing: Unfurnished, Window Cov-All
  • Primary Bathroom: Shower/Tub Combo
  • Master Bedroom: Carpet, Walk-In Closet
  • Windows: Awning(s)

Exterior Features

  • Waterfront: Not Navigable, Other Add Agt Note
  • Waterfront: Yes
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Stucco
  • Pool: No
  • View: Lake
  • Roads: Paved, Public
  • Construction Stat: Elevated, Frame
  • Roof: Fiberglass Shingle

Garage/Parking

  • Parking: Double Garage

Utilities

  • Sewer: Assessment Paid, City
  • Water: Assessment Paid, City
  • Air Conditioner: Yes
  • Cooling: Ceiling Fan(s), Central Air/Cooling
  • Heating: Central Heat

Condo/Co-op/Association

  • HOA: No

Association/Amenities

  • Community Amenities: Deeded Beach Access

Lot Info

  • Geo Update Timestamp: 2019-07-16
  • Geo Address Line: 693 Rabbit Rd
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Size: 100 X 140
  • Lot Sq Ft Source: Leepa
  • Lot Features: Other Add Agt Note
  • Survey: No

Tax Info

  • Tax Amount: 3670
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2019
Closed on
Aug 2, 2019
Sold by
Zimmerman Paul H
Bought by
Readinger Michael J and Readinger Margaret M
Seller's Agent
Paul Zimmerman
Gulf Beach Properties, Inc.
Buyer's Agent
Anna Turner
Royal Shell Real Estate, Inc.
List Price
$547,000
Sold Price
$485,500
Premium/Discount to List
-$61,500
-11.24%
Current Estimated Value
$764,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$279,475
Avg. Annual Appreciation
7.63%
Original Mortgage
$388,400
Outstanding Balance
$340,376
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$424,599

Purchase Details

Closed on
Mar 21, 2014
Sold by
Zimmerman Paul H
Bought by
Zimmerman Paul H and The Paul H Zimmerman Revocable Trust

Purchase Details

Closed on
Jun 15, 1999
Sold by
Schlegel Robert
Bought by
Zimmerman Paul H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,300
Interest Rate
7.04%
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
Readinger Michael J $485,500 Barrier Island Title
Zimmerman Paul H -- Attorney
Zimmerman Paul H $174,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Readinger Michael J $388,400
Previous Owner Zimmerman Paul H $165,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/02/2019 08/02/19 Sold $485,500 -11.2% $359 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $547,000 -- $405 / 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 $8,885 $593,849 $415,649 $178,200
2024 $8,885 $564,982 -- --
2023 $9,444 $513,620 $0 $0
2022 $7,666 $466,927 $0 $0
2021 $6,396 $424,479 $278,300 $146,179
2020 $6,184 $405,362 $278,300 $127,062
2019 $3,791 $273,385 $0 $0
2018 $3,784 $268,288 $0 $0
2017 $3,774 $262,770 $0 $0
2016 $3,748 $384,038 $220,000 $164,038
2015 $3,807 $381,401 $176,015 $205,386
2014 $3,802 $374,012 $176,015 $197,997
2013 -- $324,799 $207,700 $117,099
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2019

    Paul Zimmerman

    Gulf Beach Properties, Inc.

    (239) 246-3394

    3 in this area

    4 Total Sales

    Paul Zimmerman
    Section Image
  • Anna Turner

    Buyer's Agent in 2019

    Anna Turner

    Royal Shell Real Estate, Inc.

    (239) 671-5839

    49 in this area

    63 Total Sales

    Anna Turner
    Section Image
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Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2190112

Sanibel & Captiva Islands Association of REALTORS®

APN: 28-46-22-T2-00600.0030

Florida Lee County Sanibel 33957

693 Rabbit Rd, Sanibel, FL

This home is located at 693 Rabbit Rd, Sanibel, FL 33957 since 21 January 2019 and is currently estimated at $764,975, approximately $565 per square foot. This property was built in 1981. 693 Rabbit Rd is a home located in Lee County with nearby schools including Sanibel Elementary School, Cypress Lake Middle School, and Cypress Lake High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Sanibel & Captiva Islands Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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