NOT LISTED FOR SALE

785 Rabbit Rd Sanibel, FL 33957

Estimated Value: $823,699 - $853,000

3 Beds
2 Baths
1,980 Sq Ft
$425/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $335,000 $169 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $4,922/month

84 Days on Market

Highlights

  • Lake Front
  • Sitting Area In Primary Bedroom
  • Vaulted Ceiling
  • Sanibel Elementary School Rated A-
  • Deck
  • Outdoor Water Feature

About This Home

As of August 2019

GREAT INVESTMENT PROPERTY & VERY MOTIVATED SELLER! Enjoy watching wildlife, beautiful sunsets, lake and preserve views from this elevated open floor plan duplex. Tastefully remodeled large kitchen with stainless steel appliances is open to living and dining area with traditional wood-burning fireplace. Spacious and bright master suite located on second floor has its own private sun deck. With some care turn it into your new island home. Great location and value with close access to the beach.

Last Agent to Sell the Property

Janka Varmuza

Royal Shell Real Estate, Inc. License #280596872 Listed on: 04/09/2019

Royal Shell Real Estate, Inc.

Last Buyer's Agent

Janka Varmuza

Royal Shell Real Estate, Inc. License #280596872 Listed on: 04/09/2019

Royal Shell Real Estate, Inc.

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,608

Year Built

  • Built in 1987

Lot Details

  • 0.38 Acre Lot
  • Lot Dimensions are 61 x 273 x 61 x 273
  • Lake Front
  • East Facing Home
  • Privacy Fence
  • Rectangular Lot

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Unpaved Parking

Property Views

  • Lake Views
  • Views of Preserve

Home Design

  • Stilt Home
  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1,980 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Fireplace
  • Sliding Windows
  • Combination Dining and Living Room
  • Fire and Smoke Detector

Kitchen

  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Range
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Sitting Area In Primary Bedroom
  • Primary Bedroom Upstairs
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Open Patio
  • Outdoor Water Feature
  • Porch

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 4 / 5
  • Assessor Parcel Number 28-46-22-T2-00005.1010

Community Details

Overview

  • No Home Owners Association
  • Metes And Bounds Subdivision

Security

  • Card or Code Access

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,608

Year Built

Built in 1987

Lot Details

0.38 Acres

Parking

2

Listing Details

  • Property Sub Type: Duplex
  • Prop. Type: Residential
  • Lot Size Acres: 0.38
  • Lot Size: 61 x 273 x 61 x 273
  • Road Surface Type: Paved
  • Ownership: Single Family
  • Subdivision Name: METES AND BOUNDS
  • Architectural Style: Other, Two Story, Stilt, Duplex
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two
  • Building Stories: 2
  • Structure Type: Duplex
  • Year Built: 1987
  • ResoBuildingAreaSource: SeeRemarks
  • Property Sub Type Additional: Duplex,Single Family Residence
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Furnished: Unfurnished
  • Private Spa: No
  • Appliances: Dryer, Dishwasher, Freezer, Ice Maker, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Carpet, Tile
  • Interior Amenities: Eat-in Kitchen, Fireplace, Living/Dining Room, Sitting Area in Master, Tub Shower, Upper Level Master, Vaulted Ceiling(s)
  • Living Area: 1980.0
  • Stories: 2
  • Window Features: Sliding
  • ResoLivingAreaSource: SeeRemarks

Exterior Features

  • Lot Features: Rectangular Lot
  • Pool Private: No
  • View: Lake, Preserve
  • View: Yes
  • Waterfront Features: Lake
  • Waterfront: Yes
  • Construction Type: Frame, See Remarks, Wood Siding
  • Direction Faces: East
  • Exterior Features: Deck, Privacy Wall, Water Feature
  • Foundation Details: Pillar/Post/Pier
  • Patio And Porch Features: Deck, Open, Porch
  • Property Condition: Resale
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Parking Features: Attached, Driveway, Underground, Garage, Unpaved, Garage Door Opener

Utilities

  • Laundry Features: Inside
  • Security: Key Card Entry, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: None

Lot Info

  • Parcel #: 28-46-22-T2-00005.1010
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 6608.0
  • Tax Block: 5
  • Tax Lot: 4
  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 12, 2020
Sold by
Licciardi Michael Richard and Licciardi Valeri Ann
Bought by
Licciardi Valeri Ann
Current Estimated Value
$841,425

Purchase Details

Listed on
Apr 9, 2019
Closed on
Aug 2, 2019
Sold by
Williams Norman Lamar
Bought by
Licciardi Michael Richard and Licciardi Valeri Ann
Seller's Agent
Janka Varmuza
Royal Shell Real Estate, Inc.
Buyer's Agent
Janka Varmuza
Royal Shell Real Estate, Inc.
List Price
$479,000
Sold Price
$335,000
Premium/Discount to List
-$144,000
-30.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.05%

Purchase Details

Closed on
Aug 5, 2016
Sold by
Rice Kevin J
Bought by
Williams Norman Lamar

Purchase Details

Closed on
Jul 7, 2016
Sold by
Silbar Heather A
Bought by
Rice Kevin J

Purchase Details

Closed on
Dec 15, 1999
Sold by
Murphy Richard F
Bought by
Rice Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.85%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Licciardi Valeri Ann -- None Available
Licciardi Michael Richard $335,000 Superior Ttl Svcs Of Saniebl
Williams Norman Lamar $236,745 Barrier Island Title Service
Rice Kevin J -- Barrier Island Title Service
Rice Kevin $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rice Kevin $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2019 08/02/19 Sold $335,000 -30.1% $169 / Sq Ft
07/03/2019 07/03/19 Pending -- -- --
04/09/2019 04/09/19 For Sale $479,000 -- $242 / 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 $7,216 $519,780 -- --
2024 $9,752 $472,527 $424,444 $46,670
2023 $9,752 $530,862 $0 $0
2022 $7,913 $482,602 $0 $0
2021 $6,599 $438,729 $280,257 $158,472
2020 $6,370 $418,282 $278,300 $139,982
2019 $5,977 $423,944 $242,000 $181,944
2018 $6,608 $428,774 $242,000 $186,774
2017 $6,762 $430,403 $220,000 $210,403
2016 $3,281 $390,778 $220,000 $170,778
2015 $3,321 $387,305 $176,015 $211,290
2014 $3,313 $381,801 $176,015 $205,786
2013 -- $313,905 $189,100 $124,805
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Florida Gulf Coast Multiple Listing Service

MLS Number: 219027684

Florida Gulf Coast Multiple Listing Service

APN: 28-46-22-T2-00005.1010

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