NOT LISTED FOR SALE

775 Pen Shell Dr Sanibel, FL 33957

Estimated Value: $1,073,000 - $1,394,000

3 Beds
2 Baths
2,129 Sq Ft
$568/Sq Ft Est. Value

Last Sold February 22, 2023

Last sale price $900,000 $423 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $7,466/month

27 Days on Market

Highlights

  • Community Beach Access
  • Docks
  • In Ground Pool
  • Sanibel Elementary School Rated A-
  • Home fronts a seawall
  • 2 Car Garage

About This Home

As of February 2023

Bring your boat to this great east end canal home and enjoy island living at its best! Very close proximity to the bridge affording easy on/off the island. The bike path is located right out the front door and takes you directly to the historic lighthouse beach and numerous shops and restaurants. This 3BR/2BA ground level home endured damage from Hurricane Ian and has been remediated and is ready for a new owner’s vision. This home offers southern exposure over the spacious pool and lanai area and provides the home with plentiful Florida sunshine. This property has great potential!

Last Agent to Sell the Property

Eric Pfeifer

Pfeifer Realty Group LLC License #3014853 Listed on: 12/22/2022

Last Buyer's Agent

OTHER OTHER

Other

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,470

Year Built

  • Built in 1972

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 133 x 91
  • Home fronts a seawall
  • Home fronts navigable water
  • Home fronts a canal
  • South Facing Home

HOA Fees

  • $6 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Metal Roof
  • Block Exterior
  • Stone Trim
  • Stucco

Interior Spaces

  • 2,129 Sq Ft Home
  • 1-Story Property
  • Ceiling height between 8 to 10 feet
  • Ceiling Fan
  • Single Hung Wood Windows
  • Sliding Windows
  • Combination Dining and Living Room
  • Tile Flooring
  • Canal Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Pool Equipment Stays

Outdoor Features

  • Docks
  • Patio

Utilities

  • No Cooling

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 20-46-23-T4-04100.0030

Community Details

Overview

  • Shell Harbor HOA Residents Association, Phone Number (239) 395-9458
  • Shell Harbor Subdivision

Recreation

  • Community Beach Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,470

Year Built

Built in 1972

Lot Details

0.28 Acres

HOA Fees

$6 per month

Listing Details

  • Subdivision Name: Shell Harbor
  • Class: Residential
  • Property Type: Single Family
  • Design: Single Level
  • Legal Description: SHELL HARBOR 2ND ADDN PB 25 PG 81 LOT 3
  • Strap Number: 20-46-23-T4-04100.0030
  • Subject To F I R P T A: No
  • Year Built: 1972
  • Miscellaneous: Beach Access
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Elevator: No
  • Price Per S Q F T: 422.73
  • Appliances: Other Add Agt Note
  • Estimated Living Sq Ft: 2129
  • Bathrooms: 2
  • Bathrooms Display: 2/0
  • Bedrooms: 3
  • Ceiling: 8 Ft Ceilings
  • Den: No
  • Fireplace: No
  • Flooring: Tile Floor
  • Furnished: No
  • Furnishing: Unfurnished
  • Primary Bathroom: Tile
  • Master Bedroom: First Floor, Porch
  • Windows: Single Hung, Sliding

Exterior Features

  • Waterfront: Canal Salt, Navigable, Seawall
  • Waterfront: Yes
  • Coastal Construction: Not Applicable
  • Ext Fin Trim: Stone, Stucco
  • Pool: Yes
  • View: Canal
  • Roads: Paved
  • Construction Stat: Concrete Block
  • Pool Description: Below Ground, Equipment Stays
  • Rear Exposure: South
  • Roof: Metal

Garage/Parking

  • Parking: Double Garage

Utilities

  • Sewer: City
  • Water: City
  • Air Conditioner: No
  • Cooling: Ceiling Fan(s)
  • Heating: Other Add Agt Note

Condo/Co-op/Association

  • Association Fee: 70
  • Association Fee Period: Annually
  • Association Management: Shell Harbor HOA - Residents
  • Management Company Phone: 239-395-9458
  • HOA: Yes

Association/Amenities

  • Community Amenities: Deeded Beach Access, Restricted Rentals

Lot Info

  • Acres: 0.28
  • Geo Update Timestamp: 2022-12-22
  • Geo Address Line: 775 Pen Shell Dr
  • Geo Primary City: Sanibel
  • Geo Quality: 0.95
  • Geo Subdivision: FL
  • Geo Zoom Level: 16
  • Lot Depth: 133
  • Lot Frontage: 91
  • Lot Number: 3
  • Lot Size Irregular: No
  • Lot Sq Ft: 12061
  • Lot Sq Ft Source: CRS Tax
  • Survey: No

Rental Info

  • Rental: No
  • Rent Type: Monthly

Tax Info

  • Tax Amount: 6470
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 18, 2023
Sold by
Pen Shell Llc
Bought by
Gerbers Kevin M and Kachmann Michael C
Current Estimated Value
$1,210,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$726,200
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 22, 2022
Closed on
Feb 17, 2023
Sold by
Dietrich Kathryn W
Bought by
Pen Shell Llc
Seller's Agent
Eric Pfeifer
Pfeifer Realty Group LLC
Buyer's Agent
OTHER OTHER
Other
List Price
$999,000
Sold Price
$900,000
Premium/Discount to List
-$99,000
-9.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.13%
Original Mortgage
$720,000
Interest Rate
6.33%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
Gerbers Kevin M $100 First American Title Insurance
Pen Shell Llc $900,000 Coastal Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gerbers Kevin M $255,500
Previous Owner Gerbers Kevin M $726,200
Previous Owner Pen Shell Llc $720,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/22/2023 02/22/23 Sold $900,000 -9.9% $423 / Sq Ft
01/18/2023 01/18/23 Pending -- -- --
12/22/2022 12/22/22 For Sale $999,000 -- $469 / Sq Ft
Source: Sanibel & Captiva Islands Association of REALTORS®

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 $13,953 $1,024,866 $713,530 $260,808
2024 $13,953 $939,815 $681,043 $218,139
2023 $7,153 $507,398 $0 $0
2022 $6,740 $499,641 $0 $0
2021 $6,587 $737,760 $534,708 $203,052
2020 $6,549 $463,170 $0 $0
2019 $6,428 $452,757 $0 $0
2018 $6,408 $444,315 $0 $0
2017 $6,404 $435,176 $0 $0
2016 $6,371 $607,701 $428,065 $179,636
2015 $6,483 $569,306 $427,423 $141,883
2014 -- $547,703 $402,573 $145,130
2013 -- $536,395 $433,570 $102,825
Source: Public Records

Agents Affiliated with this Home

  • Eric Pfeifer

    Seller's Agent in 2023

    Eric Pfeifer

    Pfeifer Realty Group LLC

    (239) 472-0004

    586 in this area

    845 Total Sales

    Eric Pfeifer
    Section Image

  • O

    Buyer's Agent in 2023

    OTHER OTHER

    Other

See All Agents

Map

Source: Sanibel & Captiva Islands Association of REALTORS®

MLS Number: 2220838

Sanibel & Captiva Islands Association of REALTORS®

APN: 20-46-23-T4-04100.0030

Florida Lee County Sanibel 33957

775 Pen Shell Dr, Sanibel, FL

Not Listed for Sale

Detached

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